Posted on 10/16/2022 8:31:18 AM PDT by ChicagoConservative27
Senator Bernie Sanders (I-VT) said Sunday on NBC’s “Meet the Press” that he did not accept the Biden administration and Democrats in Congress spending as a reason for inflation.
Anchor Chuck Todd said, “Do you accept the criticism the American Rescue Plan in 2021 contributed to inflation issue we’re dealing with right now.”
Sanders said, “No, I don’t. Inflation, I’m sure you know, Chuck is an international problem. In Germany, it is 10%. U.K., it is 10%. Canada it is 7% inflation globally is caused by the pandemic and the break in supply chains. It is caused by, in my view, the war in Ukraine, obviously. And it is also caused by incredible corporate greed. I hope everybody understands that when you go to the gas tank you fill up your car today, the oil companies are making huge profits. The food companies are making huge profits. Prescription drugs are high, pharmaceutical industry is making huge profits. We’ve got to deal with that issue, and Republicans won’t.”
(Excerpt) Read more at breitbart.com ...
Trickle-down government. They get trillions and we get a few million back.
It was mostly the lefts worldwide covid lockdown madness that did it.
...caused by the pandemic and the break in supply chains. It is caused by, in my view, the war in Ukraine, obviously. And it is also caused by incredible corporate greed. I hope everybody understands that when you go to the gas tank you fill up your car today, the oil companies are making huge profits. The food companies are making huge profits. Prescription drugs are high, pharmaceutical industry is making huge profits.
Demagogue from the Demagogic Party, spewing DNC talking points on the show of one of the DNC's media stooges.
Everyone should always remember that getting elected mayor of Burlington Vermont after numerous previous attempts was his first job period! Being a senator from Vermont is his 3rd job. (Being a Vermont congressman was his 2nd job!) A walking, living advertisement as to why the 17th Amendment was and is a bad idea.
Repeal the 17th Amendment!
Vermont’s legislature or any legislature couldn’t do worse!
And his wife’s spending didn’t bankrupt the college.../s
If you subscribe to the John Maynard Keynes/Paul Krugman school of economic witchcraft.....sadly, still no.
BUT, you can continue to say that it will and use the spending to buy more votes.
You have to realize, socialists actually do not believe in economics. They assume anything negative that happens is due to the machinations of the capitalist class. If something good happens, it is to the credit or the governing class. Seriously delusional but that’s what they believe.
It is pretty much an empirical fact that inflation is always a monetary issue. It could hardly be otherwise because the full term for “inflation”, by definition, means “inflation of the money supply.”
The only thing Bernie has ever run was a campaign.
He hasn’t a clue how macro or micro economics work.
5.56mm
It’s not just the democrat spending but the printing of money on a massive, destructive scale for that democrat spending.
++++
It’s not the spending of money collected as taxes that causes inflation. It is, as you point out, the creation of money out of thin air to use for deficit spending that is the root cause.
And while the Dems are the worst Pubbies do it as well. Even Trump overspent his budgets.
Because you’re an old communist fool, Bern. A communist never has to think they are wrong.
If it’s an international problem then he’s basically saying the Dems have no answer for it.
That is perfectly OK, Bernie! We don’t accept YOU!
The idiot has NEVER held a private sector job in his entire life.
NEVER
His first job doing anything was getting elected mayor of Burlington Vermont. He ran several times prior to that, the Burlington voters must have elected him because they were tired of seeing him on the ballot!
The more time this guy exists, the lower he goes.
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