Posted on 03/17/2022 10:46:40 AM PDT by jeff_clark
CNN Business published an opinion piece that acknowledged soaring inflation and rising gas prices. The economist author absurdly recommended applying a band-aid to the problem, suggesting the government should spend even more money.
But in this case, the supposed cure really is worse than the disease.
(Excerpt) Read more at newsbusters.org ...
Yes, STIM check please. In fact, multiple STIMMIES. Thank you.
Yeah, send us some gas money.
Jesus, Joseph and Mary!
We do not need a larger Money supply.
Gas prices hurting Americans? Not the Americans near me. My wife and I went out to eat last week, we ended up going home to eat. Everywhere we went, the place was packed with people waiting to be seated. If people have money to spend on luxuries, then apparently gas prices aren’t a problem.
CUT THE STATE AND FED GAS TAXES.
there. Fixed it.
I know!.... Tax the oil companies and give the money back to the people....oh wait...
NOOOOOOO Let’s not do anything to improve the supply side! Let’s put the country trillions more into debt and put superchargers on the money printing machines.
I used to hear boomers say they felt lucky that they were on the back nine, and I was starting to understand why they said it, but I don’t think the fall is downward spiral is accelerating and not to last long enough to only screw over the millennials and Gen-Zers.
In the next 10 years, they will need a new currency mark to be the equivalent to 100 or 1000 old dollars. Either than, or it will just be the Yuan
Only people who do not know what a profit margin means say that. It went up from 4.7% to 9.4%. (Those profits are needed to purchase higher costing goods in the future.)
I think inflation, like either a depression or recession is best dealt with as both the Harding & Coolidge administrations did.
DO NOTHING.
Let the economy right it’s self. It sure worked well in the 1920s.
Sounds like me when I was hooked on meth in the 80’s... s-—t was killing me, but I couldn’t get upright in the morning without 1/4g....
And like any addiction... it does not end well unless there is a radical rethinking of the behavior AND extreme modification of the behavior.
I’ve always been a sedate driver striving for high mileage. I can gauge how bad the economy is based on peoples’ driving habits. People are still driving like crazy and are not trying to reduce fuel consumption.
Democrats will always say that the best way to get out of a hole is to keep digging.
“Only people who do not know what a profit margin means say that. “
Yup, democrats...
https://www.forbes.com/sites/davidblackmon/2022/03/12/democrats-file-new-tax-on-alleged-windfall-profits-by-big-oil/?sh=57dc47877a86
no time to let the oil companies drill and produce. f
Greta Thumb the dummy
If we ever hope to put a stop to this, a crash is necessary. Stimulate me Big 'G'.
Having received NO “stimulus” check during this entire situation, sure, I would take a gasoline gift card. $1,000 please.
That’s why we have high inflation, moron! Stop printing money!
> People are still driving like crazy and are not trying to reduce fuel consumption.
I’ve noticed exactly the same thing, particularly guys driving pickup trucks. I don’t really care how much gasoline they use, but they can stick their loud exhaust up their a$$es.
I did a road trip last week and can confirm your observations.
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