Ready for more inflation? A former top Obama economic advisor warns that the $1.7 trillion Omnibus bill is a recipe for a fresh heaping helping of inflation on top of what we already have

American Thinker ^ | 12/26/2022 | Monica Showalter

[MinorityRepublican]

I’ll bet that Osama Obama is glad that The Big Guy is President. It means that *he* is no longer the worst President in history.

After Obamacare, we were able to keep Obama in check. Now no one is stopping Biden.

[MinorityRepublican]

The Fed did start raising too late

Next Fed Reserve meeting is on January 25-26. Another .75 hike. But they need help from Congress. Which isn't happening.

[bitt]

p

[guitar Josh]

CME Fedwatch says we’re probably going to get a .25 basis point hike in early Feb, then again in mid March, then they’ll be done.

[A Navy Vet]

Have any of these experts balanced a checkbook in their lives? It's all financial math gooblygok. Uh, print mo money, spend that money on worthless domestic pet projects, send trillions to a war we should be involved in, and just give away the excess to those who lost their jobs/businesses during the devastating shutdowns.

I've owned 3 different companies since leaving the Navy. Even my non-math background knows how to read a Balance Sheet and a Profit and Loss statement. Why don't any of these Congress critters understand the importance of gross revenue (total tax income) and their obscene spending of the net profit?

[MinorityRepublican]

It's all financial math gooblygok. Uh, print mo money, spend that money on worthless domestic pet projects, send trillions to a war we should be involved in, and just give away the excess to those who lost their jobs/businesses during the devastating shutdowns.

Everyone in the world uses the dollar so we are able to get away with a lot of things. Even there, we are still seeing 10% inflation.