Posted on 03/23/2022 8:15:29 AM PDT by Signalman
The Democrats have hit upon a simple way to end inflation. Why not give every American a $100 check every month to offset the inflation that their policies caused in the first place.
Better yet, Congress could give kids another $100 a month so that a family of three or four would be eligible for up to $300 a month in “Biden Bucks.”
Of course, what all that deficit spending will do to the inflation rate can only be guessed at. But when you have the power to print cash, it doesn’t matter, does it? If inflation gets too bad, you can always print up more “Biden Bucks.”
Eventually, they’d have to denude the Enchanted Forest of trees to print all that cash, but there are plenty more where those came from.
CBSNews:
American consumers could see increased costs of $2,000 this year due to the recent surge in gas prices — and that’s on top of an extra $1,000 in grocery store costs due to the steepest rise in inflation since 1982. Already, consumers are reporting they are cutting back on spending or driving less, with most blaming sticker shock at the pump.
The gas stimulus would “provide middle-class Americans with monthly payments to ease the financial burden of this global crisis,” Thompson said in a statement about the proposal, referring to Russia’s invasion of Ukraine, which has pushed gas prices higher.
Currently, millions of Americans would qualify for the payments based on current gas prices, which averaged $4.24 a gallon on March 22, according to AAA.
(Excerpt) Read more at pjmedia.com ...
Don’t forget the ‘forgiving’ of college loans up to $50k. You know as well as I it’s the thought that counts.
We have demand-pull inflation. Dem response: stimulate more demand. They have no idea that THEY caused this, but the excessive scale of the 2021 stimulus measures.
Half a tank? Maybe. Make it $1,000. I “promise” I’ll vote your way. No, really. NOT!
It works, just ask Warnock in Georgia.
We are weighed down by the crushing mass of stupidity in the American public.
Borrowing even more Trillions of dollars that they can never pay back, whose interest payments alone are crippling most Americans.
There are LOT of things that lefties do not understand.
That doesn’t even buy a cup of coffee anymore.
Proposed like the true COMMUNISTS they are ! !
“give every American a $100 check every month”
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Does this include those that don’t own a vehicle? 6 year olds/prisoners/ex-pats..the list is endless. (Typical govt buffoonery)..
Wait until the rubes discover they have to pay taxes on those biden bucks at the end of the year.
Or open the pipeline and watch gas drop like a stone.
Looks as though the Democrats want to adopt the Drug Pusher/Drug User dependency model to manage inflation.
White people need not apply.
Biden “Sucks” Bucks
‘Giving’ stimulus checks for gas is a stupid reaction to a manufactured problem.
The free stuff is creating demand, and not symmetrically increasing production.
This is how the Romans destroyed their empire
What a dolt. There is no guessing. The immutable law in economics is more of something makes it less valuable. The government does not have to tax revenue to pay for this. It cannot even been financed through treasuries. That means the Fed will print more money (continue quantitative easing) which makes the dollar worth human excrement - just like what happens with everything Biden and Democrats touch. Biden bucks, along with every other dollar government is spending, causes inflation. The establishment does not care. The illiterate government school indoctrinated don't know any better. Biden bucks are just another form of taxation; since inflation is simply the most onerous tax of all.
Direct payments will not offset the inflation it will cause, it will just dig the hole deeper.
He can give me $100, $300, $500 a month. I’ll take it. But he (they) will NEVER get my vote.
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