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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Qone0 who wrote (1371204)8/17/2022 5:53:34 PM
From: Broken_Clock1 Recommendation

Recommended By
Thomas M.

  Read Replies (2) | Respond to of 1575421
 
"Attaching the causation of what is happening in the economy to who is in the white house if[s] fundamentally wrong."

Q-spin:

As this graph clearly shows. Trump has done nothing but keep the trend that Obama started, after BUSH and the GOP destroyed the economy.

Message 32526546

Hypocrite troll



To: Qone0 who wrote (1371204)8/17/2022 6:17:59 PM
From: Tenchusatsu1 Recommendation

Recommended By
locogringo

  Read Replies (1) | Respond to of 1575421
 
Qone0,
Stagflation is just a buzz word the right uses to put fear into people of the Carter years, when the the US didn't have enough oil production. Totally different circumstances between then and now.
I don't think so.

Stagflation is definitely occurring. We have met the classic definition of a recession, i.e. two consecutive quarters of negative GDP growth.

How does this administration respond? By blatantly gaslighting us and telling us that we aren't in a recession, that it's up to the bureaucrats at the NBER to decide, yada yada yada.

Oil is a huge factor in this current bout of stagflation, just like it was back during the Carter years.

The supply of money has greatly expanded thanks to the Fed, and it's going to take the Fed to contract it again, just like in the years following the Carter administration.

Our foreign policy greatly resembles that of the Carter administration, and although that might not have a direct impact on the economy, the similarities are too great to ignore.

Brandon may not have directly caused stagflation, but he definitely owns it. Even he was saying that inflation was temporary and that the supply chain issues will eventually be resolved. This was late last year.

He is a leaf blowing in the wind.

Tenchusatsu