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Conversation

Michael Burgess, MD

@michaelcburgess

Wouldn't it have been nice to have been warned about rising inflation … Oh wait! Obama/Biden Advisor Larry Summers warned of the economic impacts the $1.9T #COVID19 bill would have. I even brought this up in a Feb.

hearing. #TBT

washingtonpost.com

Opinion | The Biden stimulus is admirably ambitious. But it brings some big risks, too.

Going too big on pandemic relief is better than going too small, but lawmakers need to consider the impact on the Biden administration's hopes to "build back better."

8:55 PM · May 27, 2021

Replying to

@michaelcburgess

and

Economics 101: 10 out of the last 11 recessions began under a Republican president. Rep. Burgess has already overseen two once-in-lifetime recessions while he’s been in Congress.

1

James “Jimmy” Chonga

Replying to

@michaelcburgess

and

The inflation we’re seeing right now is a product of reduced supply. Once restrictions are fully lifted and supply is back to where it was, prices will stabilize. This stimulus actually helped absorb the increase by putting money directly into consumer’s hands.

Replying to

@michaelcburgess

and

Back the blue, Mike?

Replying to

@michaelcburgess

and

What if you modeled unity?

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