Moodys' Rates Bidens Build Back Better Bill as "mostly" Non-Inflationary

[bendog]

Exclusive-Rating agencies say Biden's spending plans will not add to inflationary pressure

U.S. President Joe Biden's infrastructure and social spending legislation will not add to inflationary pressures in the U.S. economy, economists and analysts in leading rating agencies told Reuters on Tuesday. Biden has spent the past few months promoting the merits of both pieces of...

finance.yahoo.com

imo it makes some sense, even thought the Dems first bill with the $1000 checks didn't fare as well. (not that I'm ungrateful and my wife's job was disappreared and the UI was good). But Moodys makes the claim that both the Infrastructure Bill and BBB will grow the economy. Absolutely new roads and safer water more than pay for themselves, and that used to be accepted by the former Non-Trumpian-Grievance gop. But putting more money in workers' pockets may eventually cause more jobs to be created, but where are the workers, esp when women are being paid to stay home with expanded child tax credits? And both Moodys and Fitchs Ratings seem to be assuming the supply chains will be able to get enough goods to consumers to satisfy demand with little inflation.

for two decades I've thought the gop's tax cuts were aimed at the wrong folks. If there's more demand for goods from workers, the 1% has always benefited .... but the converse has not been so. But when we can't even get goods from producers to shelves .... it seems to me that inflation is inevitable.

 

[Pete7469]

Exclusive-Rating agencies say Biden's spending plans will not add to inflationary pressure

U.S. President Joe Biden's infrastructure and social spending legislation will not add to inflationary pressures in the U.S. economy, economists and analysts in leading rating agencies told Reuters on Tuesday. Biden has spent the past few months promoting the merits of both pieces of...

finance.yahoo.com

imo it makes some sense, even thought the Dems first bill with the $1000 checks didn't fare as well. (not that I'm ungrateful and my wife's job was disappreared and the UI was good). But Moodys makes the claim that both the Infrastructure Bill and BBB will grow the economy. Absolutely new roads and safer water more than pay for themselves, and that used to be accepted by the former Non-Trumpian-Grievance gop. But putting more money in workers' pockets may eventually cause more jobs to be created, but where are the workers, esp when women are being paid to stay home with expanded child tax credits? And both Moodys and Fitchs Ratings seem to be assuming the supply chains will be able to get enough goods to consumers to satisfy demand with little inflation.

for two decades I've thought the gop's tax cuts were aimed at the wrong folks. If there's more demand for goods from workers, the 1% has always benefited .... but the converse has not been so. But when we can't even get goods from producers to shelves .... it seems to me that inflation is inevitable.

Just like the stuttering clusterfuck meat puppet faggot's "shovel ready jobs" bill right?

Those uhh... "shovel uhh.... ready" jobs..... uhh... weren't uhh... as uhh... quite as...uhh... "shovel ready..." uhh... as I... Uhh... we... uhh... (giggle) thought they... uhh... would be....

.

 

[LordBrownTrout]

"Mostly peaceful" Uh huh. Yeah, sure.

 

[22lcidw]

Exclusive-Rating agencies say Biden's spending plans will not add to inflationary pressure

U.S. President Joe Biden's infrastructure and social spending legislation will not add to inflationary pressures in the U.S. economy, economists and analysts in leading rating agencies told Reuters on Tuesday. Biden has spent the past few months promoting the merits of both pieces of...

finance.yahoo.com

imo it makes some sense, even thought the Dems first bill with the $1000 checks didn't fare as well. (not that I'm ungrateful and my wife's job was disappreared and the UI was good). But Moodys makes the claim that both the Infrastructure Bill and BBB will grow the economy. Absolutely new roads and safer water more than pay for themselves, and that used to be accepted by the former Non-Trumpian-Grievance gop. But putting more money in workers' pockets may eventually cause more jobs to be created, but where are the workers, esp when women are being paid to stay home with expanded child tax credits? And both Moodys and Fitchs Ratings seem to be assuming the supply chains will be able to get enough goods to consumers to satisfy demand with little inflation.

for two decades I've thought the gop's tax cuts were aimed at the wrong folks. If there's more demand for goods from workers, the 1% has always benefited .... but the converse has not been so. But when we can't even get goods from producers to shelves .... it seems to me that inflation is inevitable.

QR ID to move us further into being slaves for the elites. Notice the massive advancement of this in everything we do.

 

[Moonglow]

Exclusive-Rating agencies say Biden's spending plans will not add to inflationary pressure

U.S. President Joe Biden's infrastructure and social spending legislation will not add to inflationary pressures in the U.S. economy, economists and analysts in leading rating agencies told Reuters on Tuesday. Biden has spent the past few months promoting the merits of both pieces of...

finance.yahoo.com

imo it makes some sense, even thought the Dems first bill with the $1000 checks didn't fare as well. (not that I'm ungrateful and my wife's job was disappreared and the UI was good). But Moodys makes the claim that both the Infrastructure Bill and BBB will grow the economy. Absolutely new roads and safer water more than pay for themselves, and that used to be accepted by the former Non-Trumpian-Grievance gop. But putting more money in workers' pockets may eventually cause more jobs to be created, but where are the workers, esp when women are being paid to stay home with expanded child tax credits? And both Moodys and Fitchs Ratings seem to be assuming the supply chains will be able to get enough goods to consumers to satisfy demand with little inflation.

for two decades I've thought the gop's tax cuts were aimed at the wrong folks. If there's more demand for goods from workers, the 1% has always benefited .... but the converse has not been so. But when we can't even get goods from producers to shelves .... it seems to me that inflation is inevitable.

But all the amateur finacial experts of USMB rightist have claimed Biden is the only reason for infation and that Trump never spent like Biden hasn't..

 

[Moonglow]

QR ID to move us further into being slaves for the elites. Notice the massive advancement of this in everything we do.

Even when you crap?

 

[Oddball]

"For the People Act"

 

[bripat9643]

Exclusive-Rating agencies say Biden's spending plans will not add to inflationary pressure

U.S. President Joe Biden's infrastructure and social spending legislation will not add to inflationary pressures in the U.S. economy, economists and analysts in leading rating agencies told Reuters on Tuesday. Biden has spent the past few months promoting the merits of both pieces of...

finance.yahoo.com

imo it makes some sense, even thought the Dems first bill with the $1000 checks didn't fare as well. (not that I'm ungrateful and my wife's job was disappreared and the UI was good). But Moodys makes the claim that both the Infrastructure Bill and BBB will grow the economy. Absolutely new roads and safer water more than pay for themselves, and that used to be accepted by the former Non-Trumpian-Grievance gop. But putting more money in workers' pockets may eventually cause more jobs to be created, but where are the workers, esp when women are being paid to stay home with expanded child tax credits? And both Moodys and Fitchs Ratings seem to be assuming the supply chains will be able to get enough goods to consumers to satisfy demand with little inflation.

for two decades I've thought the gop's tax cuts were aimed at the wrong folks. If there's more demand for goods from workers, the 1% has always benefited .... but the converse has not been so. But when we can't even get goods from producers to shelves .... it seems to me that inflation is inevitable.

They are the same outfit that ranked all those mortgaged backed securities as A1.

 

[Votto]

Just like the stuttering clusterfuck meat puppet faggot's "shovel ready jobs" bill right?




.

For the last time, the trillions of dollars Biden is spending equals zero dollars.

How many times do you have to be told to understand simple Common Core Arithmatic?

 

[Auld Phart]

Exclusive-Rating agencies say Biden's spending plans will not add to inflationary pressure

U.S. President Joe Biden's infrastructure and social spending legislation will not add to inflationary pressures in the U.S. economy, economists and analysts in leading rating agencies told Reuters on Tuesday. Biden has spent the past few months promoting the merits of both pieces of...

finance.yahoo.com

imo it makes some sense, even thought the Dems first bill with the $1000 checks didn't fare as well. (not that I'm ungrateful and my wife's job was disappreared and the UI was good). But Moodys makes the claim that both the Infrastructure Bill and BBB will grow the economy. Absolutely new roads and safer water more than pay for themselves, and that used to be accepted by the former Non-Trumpian-Grievance gop. But putting more money in workers' pockets may eventually cause more jobs to be created, but where are the workers, esp when women are being paid to stay home with expanded child tax credits? And both Moodys and Fitchs Ratings seem to be assuming the supply chains will be able to get enough goods to consumers to satisfy demand with little inflation.

for two decades I've thought the gop's tax cuts were aimed at the wrong folks. If there's more demand for goods from workers, the 1% has always benefited .... but the converse has not been so. But when we can't even get goods from producers to shelves .... it seems to me that inflation is inevitable.

Call from my daughter this morning.

She works in Purchasing for a metal fabrication business, and was upset about the rising cost of an 8'x10' sheet of metal.

A month ago, it was around $130, today it's over $400.

This is a necessary item for the business, but how can they survive when the cost of materials triples in a month?

 

[Pete7469]

For the last time, the trillions of dollars Biden is spending equals zero dollars.

How many times do you have to be told to understand simple Common Core Arithmatic?


View attachment 565304

More times than I had to be told to wear a fuckin mask apparently, which was the same amount of times I told some bed wetter to go fuck themselves.

 

[Oddball]

Call from my daughter this morning.

She works in Purchasing for a metal fabrication business, and was upset about the rising cost of an 8'x10' sheet of metal.

A month ago, it was around $130, today it's over $400.

This is a necessary item for the business, but how can they survive when the cost of materials triples in a month?

They can't .....That's the point of what they're doing.

 

[Votto]

More times than I had to be told to wear a fuckin mask apparently, which was the same amount of times I told some bed wetter to go fuck themselves.

Wow, that many time, eh?

 

[shockedcanadian]

Moodys said this with a straight face? You inject 1.7T dollars into any economy and inflation is going to hit somewhere, in some form, even if it's limited to certain industries.

If they can make their claim than it suggests that they are certain as to how current inflation is occurring so as to be able to definitely state that another $1.7T won't impact it much. As such, they should recommend how the administration can stop this inflation that they are certain this injection of cash won't impact.

This comment made me chuckle:

"The bills do not add to inflation pressures, as the policies help to lift long-term economic growth via stronger productivity and labor force growth, and thus take the edge off of inflation," said Mark Zandi, chief economist at Moody's Analytics, which operates independently from the parent company's ratings business.

Is this guy suggesting that this public money ensures guaranteed, life long government employment with high wages even after this money is spent? How would that not be inflationary and destructive in other ways (massive debt)?

Even if true (which it probably isn't), how would government subsidizing these high wages "take the edge off of inflation"? Does he suggest that this "labor growth" and "stronger productivity" (what the hell does that even mean in the context of replacing bridges"?) is sustainable and so broad so as to negate the increased costs of everything else when money is cheap and abundant?

He is basically suggesting that socialism and flooding the economy with cash is good because it makes nations wealthy in their borrowing, not wealth created by individuals who reinvest private capital.

I have no issue with investment by taxpayers for various items, but to pretend it isn't inflationary when printing so much money is just living in an alternative universe. He defies what all business schools have taught since the dawn of capitalism (if it still exists in these schools).

It's a major cost today and tomorrow when the interest comes due, and it will impact inflation and the long term sustainability of a country. I don't care if Trump does it or Biden does it. It's why Rand Paul called your debt a national security threat, and for the sake of the Wests survival I tend to agree.

 

[Pete7469]

Wow, that many time, eh?

Probably a lot more, I suspect I could be told an infinite amount of times to wear a fuckin mask and accept bullshit leftist "math" and still refuse to acquiesce.

 

[Dekster]

Exclusive-Rating agencies say Biden's spending plans will not add to inflationary pressure

U.S. President Joe Biden's infrastructure and social spending legislation will not add to inflationary pressures in the U.S. economy, economists and analysts in leading rating agencies told Reuters on Tuesday. Biden has spent the past few months promoting the merits of both pieces of...

finance.yahoo.com

imo it makes some sense, even thought the Dems first bill with the $1000 checks didn't fare as well. (not that I'm ungrateful and my wife's job was disappreared and the UI was good). But Moodys makes the claim that both the Infrastructure Bill and BBB will grow the economy. Absolutely new roads and safer water more than pay for themselves, and that used to be accepted by the former Non-Trumpian-Grievance gop. But putting more money in workers' pockets may eventually cause more jobs to be created, but where are the workers, esp when women are being paid to stay home with expanded child tax credits? And both Moodys and Fitchs Ratings seem to be assuming the supply chains will be able to get enough goods to consumers to satisfy demand with little inflation.

for two decades I've thought the gop's tax cuts were aimed at the wrong folks. If there's more demand for goods from workers, the 1% has always benefited .... but the converse has not been so. But when we can't even get goods from producers to shelves .... it seems to me that inflation is inevitable.

When Wall Street will pocket most of the money, it stays out of wider circulation and therefore is non-inflationary.

 

[Rambunctious]

 

[AntonToo]

Moodys said this with a straight face? You inject 1.7T dollars into any economy and inflation is going to hit somewhere, in some form, even if it's limited to certain industries.

If you spend to make transportation cheaper, or working remotely more accessible, or childcare affordable - do you increase prices or reduce them?

 

[Hossfly]

Just like the stuttering clusterfuck meat puppet faggot's "shovel ready jobs" bill right?




.

Some well known economists were on the news this morning. One was a Reagan advisor. He said the current inflation was around 13 1/2%, double what Biden's clowns are saying.

 

[norwegen]

If Build Back Better is not causing the inflation, then what is it since Democrats have been in charge that has been causing it?