Chuck Schumer Argues Spending Trillions Will ‘Ease Inflation Pres­sures’

Bretibart ^ | 07/21/2021 | Wendell Husebo

[ChicagoConservative27]

Senate Majority Leader Chuck Schumer (D-NY) will release a report Wednesday that argues spending trillions will “ease inflation pres­sures.”

The report, written by Moody’s chief economist Mark Zandi, claims inflation worries are “overdone,” because “much of the additional fiscal support … is designed to lift the economy’s longer-term growth potential and ease inflation pres­sures,” according to Axios

[ChicagoConservative27]

Is he that dumb or just evil or both?

[BenLurkin]

Evil.

[rightwingintelligentsia]

Democrats are economic ignorami.

[ProtectOurFreedom]

Why not spend $100 trillion and get zero inflation?

The ignorance and sheer stupidity of people that get elected and rise to “leadership” positions knows no bounds.

[DoodleDawg]

Is he that dumb or just evil or both?

My vote is for the first one.

[Little Ray]

Evil.
Chuckie Schumer didn’t get where he is by being stupid.

[rktman]

😂😂😂😂😂😂🙌. Sure schumuckee. That’s the ticket.

[upchuck]

Chuck Schumer Argues Spending Trillions Will ‘Ease Inflation Pres­sures’

Chuck Schumer is an idiot. So is Mark Zandi.

[ClearCase_guy]

Apparently, we have to burn the village in order to save the village.

[Skywise]

Good God man - flooding the economy with fiat currency will do nothing BUT increase inflation and lower the value of the dollar!

[Red Badger]

[Erik Latranyi]

This nation pumped over $20 trillion into the economy which was not there.

Since 2000, the federal debt increased from $10 trillion to $30 trillion. That was all borrowed money that did not come out from the economy, but went into it.

At $1 trillion per year, inflation is not a surprise.

But the Politburo needs to put more into the economy....they need the collapse so they can reorganize under their wise leadership.....so we will be told by Pravda on a regular basis.

[The Great RJ]

Gee Chuck...where do these trillions come from? This is all funded with debt and the Federal Reserve buys that debt and uses it as an asset to print more money. More dollars in the economy each dollar is worth less. More money worth less means higher prices for everything. Obviously Chuck is ignorant of economics and doesn’t seem to remember the Carter years with double digit inflation and rising unemployment

[Red Badger]

They are really trying to inflate the currency to pay off the debt ........................ China will be pissed.................

[upchuck]

The ignorance and sheer stupidity of people that get elected and rise to “leadership” positions knows no bounds.

Proving once again the wisdom of The Peter Principle

[ScottfromNJ]

“argues spending trillions will “ease inflation pres­sures’

I hear it’ll help ease the national debt too.

[caww]

Echoes Pelosi’s saying unemployment stimulates the economy.

[Army Air Corps]

Is Chuckie popping some ‘shrooms?

[Seruzawa]

[Flick Lives]

The report, written by Moody’s chief economist Mark Zandi, claims inflation worries are “overdone,” because “much of the additional fiscal support … is designed to lift the economy’s longer-term growth potential and ease inflation pres­sures,” according to Axios

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This is the same logic as “look at all the money I saved on this new dress.”