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


To: Rarebird who wrote (1449006)3/26/2024 3:36:56 PM
From: Wharf Rat1 Recommendation

Recommended By
rdkflorida2

  Read Replies (2) | Respond to of 1572357
 

Yellen says Biden's policies help US middle class more than Trump's


In prepared remarks, she said the major components of "Bidenomics" - a $1.9 trillion COVID-19 rescue package, $1.2 trillion bipartisan infrastructure bill, $52 billion investment in semiconductors and research, and $430 billion clean energy and healthcare law - were aimed at enabling the middle-class to drive the ...Jan 25, 2024

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"Whether he deserves it or not, Biden is getting blamed for the surge in inflation and much higher cost of living by the middle class."

This is true, and even tho inflation is way down, the middle class wants to see deflation. However, replacing him will just change the discussion from "Blame Biden" to "Blame the Democrats, look at Carter, vote for R's."



To: Rarebird who wrote (1449006)3/26/2024 7:33:14 PM
From: Real Man  Read Replies (1) | Respond to of 1572357
 
Yes when you print money and give it to the banks and the rich, nothing happens. When you give it to the poor , inflation soars because they spend it all. I think it was a policy error around the globe. It’s curious that the central bank of Japan (BOJ) printed a lot and bought bonds, but they have no inflation. Instead the yen gets sold on Forex and all that money comes here bidding up the dollar and creating inflation.