[DonaldC]

To do gradual changes with interest rates is one thing, but if the goal is really to tame inflation, why isn’t gov spending reined in.

[SaxxonWoods]

“To do gradual changes with interest rates is one thing, but if the goal is really to tame inflation, why isn’t gov spending reined in.”

Neither party ever slows spending enough to matter, but they both raise it all the time, no matter what they say. Too much vote buying and graft.

As for rates, the current rate of increase is one of the fastest one record, it just hasn’t had time to take effecdt yet, there’s a lag and much more to go.

[Jonny7797]

actions speak louder than words.

[Chgogal]

The spending the (effing)Federal Government inflicted on us did not contain one iota of economic growth policies. The spending bills stymied the labor market and thereby production (supply side) while at the same time increasing demand by bestowing trillions give aways. What do you get? Inflation! Econ 101. We have morons writing and passing legislation. Hear that McConnell?