Inflation Cancelling And Scaling Back Biden’s Infrastructure Projects

In order to decrease inflation rates are going to have to go up. I'm no economist, though, judging by some of the "expert" opinions from last year on the risk of inflation, they haven't been very reliable or honest anyways; these rates will continue upwards I imagine.

The end result is almost certainly a recession, most likely a very deep one.

What might be worse I imagine, is the premise of the continued loss of the Middle Class since some in America believe a "race to the bottom" makes sense, as seen in your low skill Open Border instead of challenging Americans to dream bigger.

It doesn't matter how much revenue government increases since expenses will be higher as your most educated becomes smaller and industries continue to leave (another balancing act when taxes go up to make up for the massive spending), the West is going to have a consumption issue (Canada has had one for years, comparably). This consumption power has been a vital reason for Americas economic success.
 
MARK MY WORDS Dems will do the same thing with the infrastructure money Obama did, siphon off the money and funnel it into the Dem public employee unions. It was never going to be for infrastructure. When the recession hits Dems will use this money to make public employee payroll. Avoiding laying off public employees. Just as Obama did.

Did you know that at the peak of the 2008 recession when unemployment was sky high, public employee unemployment was unchanged at 3.8%?
 
Back on Aug. 8 of 2021, when the infrastructure bill passed on a bipartisan vote of 69 to 30, was Joe supposed to look in to a crystal ball and see Putin invading Ukraine which resulted in a barrel of WTI crude going to $120 from $66 in three months? Is your criticism based on an expectation he should have foreseen food inflation due to the same invasion? Can we agree the Orange Shitstain advocated for infrastructure spending when he was prez?
Or is this just another in the endless stream of banal, plodding spews pleading "it's all Joe's fault."

Rest assured Rick Scott isn't wearing a BBB hat. At least not anymore.

 
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Back on Aug. 8 of 2021, when the infrastructure bill passed on a bipartisan vote of 69 to 30, was Joe supposed to look in to a crystal ball and see Putin invading Ukraine which resulted in a barrel of WTI crude going to $120 from $66 in three months? Is your criticism based on an expectation he should have foreseen food inflation due to the same invasion? Can we agree the Orange Shitstain advocated for infrastructure spending when he was prez?
Or is this just another in the endless stream of banal, plodding spews pleading "it's all Joe's fault."

Rest assured Rick Scott isn't wearing BBB hat. At least not anymore.

Dufus thinks Putin controls Democrats printing an extra $2 T and dumping it into the economy.
 
Back on Aug. 8 of 2021, when the infrastructure bill passed on a bipartisan vote of 69 to 30, was Joe supposed to look in to a crystal ball and see Putin invading Ukraine which resulted in a barrel of WTI crude going to $120 from $66 in three months? Is your criticism based on an expectation he should have foreseen food inflation due to the same invasion? Can we agree the Orange Shitstain advocated for infrastructure spending when he was prez?
Or is this just another in the endless stream of banal, plodding spews pleading "it's all Joe's fault."

Rest assured Rick Scott isn't wearing BBB hat. At least not anymore.

inflation and gas prices were high then
 
Dufus thinks Putin controls Democrats printing an extra $2 T and dumping it into the economy.
Rather than compensating for the inadequacy of your post to substantiate its premise by claiming I wrote things I didn't write, how about addressing the point I actually did make.
 
inflation and gas prices were high then
It was about $3.50 in anticipation of greater demand as the economy recovered. Supply was constrained since production had not increased post COVID.
 
Dufus thinks Putin controls Democrats printing an extra $2 T and dumping it into the economy.
What say you about the Repubs who voted for the bill? Or the ones who didn't but took credit for bringing home the bacon anyway.
 
Obama did, siphon off the money and funnel it into the Dem public employee unions.
Geez, you guys whimper about Dems mentioning Trump's coup but you're still whining about things you accuse Obama of doing that he didn't do?

 
Back on Aug. 8 of 2021, when the infrastructure bill passed on a bipartisan vote of 69 to 30, was Joe supposed to look in to a crystal ball and see Putin invading Ukraine which resulted in a barrel of WTI crude going to $120 from $66 in three months? Is your criticism based on an expectation he should have foreseen food inflation due to the same invasion? Can we agree the Orange Shitstain advocated for infrastructure spending when he was prez?
Or is this just another in the endless stream of banal, plodding spews pleading "it's all Joe's fault."

Rest assured Rick Scott isn't wearing a BBB hat. At least not anymore.

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Geez, you guys whimper about Dems mentioning Trump's coup but you're still whining about things you accuse Obama of doing that he didn't do?

Using a Leftard website as a ‘fact’ check. Hilarious!
 

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