Prices are rising at the fastest clip in over a decade - hurting hard-working families and imperiling our economic recovery.
This is a direct result of the Biden administration’s reckless spending policies.
Conversation
No it’s not. Nothing could be further from the truth. When there’s a global pandemic and shifts in supplies and demands this is the result. Biden hasn’t passed anything yet that would impact like this. It’s all about the blame game with you republicans. #StopLying
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The fastest increase in prices since the last economic recovery? That's what happens when the economy recovers from a crash; stuff gets more expensive.
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..And you wonder why people opt for an extra 300 bucks while able. Do you actually listen & understand or just spout gop talking points that benefit the corporations? The republican party is out of touch on so many levels. 48 yrs since wages were kept up & prices going up #wakeup
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Stuff is move expensive so yeah, let's just keep the minimum wage at $7.25 an hour while forcing people to work for starvation wages and as a bonus we, the taxpayers, get to subsidize the wages of companies that don't pay a living wage.
That sound about right Rob?
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In the link:
“The price spikes could be bigger and more prolonged because the pandemic has been so disruptive to supply chains,” said Mark Zandi, chief economist at Moody’s Analytics. But “by the fall or end of the year,” Zandi suggested, “prices will be coming back to earth.”
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Aside from the inflation not being caused by the current administration, spending money on infrastructure and families is not reckless, it's appropriate. Of course you wouldn't see it that way since you only care about your corporate sponsors and not the people of Ohio.
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Nope. This is what happens in a free market capitalist society when supply chains are broken after a yearlong pandemic and demand far exceeds supply. Prices will recover when supply catches up with demand.
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Natural inflation occurs when cash is injected into society in mass, like the 2 stimulus payments and all the PPP grant money injected under the Trump administration
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