Posted on 05/29/2021 9:14:18 PM PDT by SteveH
On Thursday, President Joe Biden traveled to Ohio to make the case that the economy is headed in the right direction. “We’ve turned the tide,” he told the crowd in Cleveland.
Shortly afterward, during an appearance on Yahoo Finance Live, one of his top economic advisers acknowledged that in areas like inflation and in the labor market, “there's going to be some bumps in the road” as the economy continues to right itself following the pandemic.
However, National Economic Council Deputy Director Bharat Ramamurti also told Yahoo Finance that the recent inflation jump is actually a positive sign. “The faster than expected increase in some of those prices is actually a good sign in the sense that it's a sign that the economy is recovering faster than a lot of people expected,” he said.
(Excerpt) Read more at finance.yahoo.com ...
And that White Horse with Death following is totally cool!
“War is peace.
Freedom is slavery.
Ignorance is strength.”
Jenifer Lawrence says; “Yeah, uh huh!”
The people of Venezuela may disagree with Deputy Director Ramamurti’s theory.
“War is peace.
Freedom is slavery.
Ignorance is strength.”
ALL classic symptoms of the chronic, no-cure, mental disease known as liberalism.
If a little inflation is good, wouldn’t hyperinflation be totally wonderful?
Could you imagine the MSM’s reaction if Trump or his administration had said this shit?
We have a mentally retarded government but half the country has no clue or loves it.
inflation is infrastructure
Bad is good. Darkness is light. Bitter is sweet. Who are you going to trust, your own senses or a pedophile socialist who stole an election?
Also, Asians getting beaten in the streets is a good sign, and businesses being looted and burned to the ground is a good sign, and the fact of murders jumping 20% or more in many inner cities is also a good thing. The country is finally firing on all cylinders, now that adults are in charge. One should expect rainbows and unicorns in less than a year at this point.
I highly doubt that is rain..
Inflation is built-in devaluation of real property with respect to paper ‘investments’ as dictated by those who set the lending rate of money.
If the Unicorns don't poop Skittles, I'm taking to the streets.
Sorry Rats but you’ve now created two generations of Third World inner city hordes plus overeducated underskilled Woke serfs. All of these people depend on gubmint handouts (including inflated minimum wages) and those handouts aren’t keeping up with your new inflation agenda in any meaningful sense. Embrace the suck as your cities start to burn.
Eat your turd sandwich, its good for you
Infrastructure was cool a couple of years ago.
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