Posted on 11/29/2022 3:38:40 PM PST by ChicagoConservative27
President Joe Biden said Tuesday that people were only starting to see the effects of his multi-trillion dollar spending agenda, despite Americans continuing to struggle with higher prices from inflation.
“We passed the American Rescue Plan,” Biden boasted. “Now everybody knows it, but we did so much, no one knows the effects of it yet. It’s just coming into play.”
(Excerpt) Read more at breitbart.com ...
The effects?
What was that word that means increasing prices for goods and services without adding value to either?
Yeahhhhh that’s a real brain teaser. I’m gonna have to put on my thinking cap to know what happens when you try to fight inflation with a trillion dollar spending spree.
Is it anything like trying to put out a campfire with a bucket of gasoline?
The effect is financial collapse, Bidet.
If you don’t know the approximate results, why do it?
Local gas prices have been decreasing the last 2-3 weeks. Today I noticed one station having it at $2.79/gal. Walmart and others $2.95. It has been a year or more since it was under $3.00.
Food prices are jumping around like crazy. Some items are actually cheaper than a few weeks ago. Other item prices seem to remain constant. Some seem to be increasing exponentially.
The November numbers (out in a week or so) should give a better indicator as to whether the Inflation Reduction Act is doing anything.
The FED has another meeting in 2 weeks and they are expected to increase the rate another 3/4 percent.
Brain dead Brandon, I know exactly what your agenda is. The out of control spending will only benefit the top 5% richest donor class, from the assets of middle class stolen by inflation. This is nothing new.
It did increase the debt.
Actually, we do. It is called “insolvency”.
Gas is dropping since Thanksgiving is behind us and people won’t be driving to be with family before Christmas. Also people have less money for gas so they are driving less.
Wow...
Global.
The effects are that your spending broke the camel’s back FJB, you puppet bastard.
no one knows the effects
Yes we do it’s a recession turning into a depression consequences of you and your chaos crew of ignorance.
But he’s glad to tell us what the weather’s gonna be in 10.23 years.
the effects
Sitting in a dark cold moldy hole in the ground
eating bugs
and worshiping muver earf ?
Don’t forget all of the 401(k)’s rapidly declining values.
You mean more federal spending? That’s easy. INFLATION!
We always used that same principal in Mechanical Engineering. “I don’t know what’s going to happen, but, what the heck!? Let’s just try it and see! Modeling Schmodeling.”
Said no engineer ever.
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