Ol’ Al wouldn’t even BEGIN to look at the places that have tried this, where they discovered that… it really works very well, and here’s something you can only predict in hindsight: Families who started getting a child credit actually had an increase in employment. Because now the secondary earner can now afford child care.
Will it cause some inflation? Well… maybe. It’s true that when poor people get money, they tend to spend it, and that does… often… bid prices up a smidge.
If Al Goodwyn is attempting to draw cartoons that are too dumb for words, he is succeeding admirably. This one and yesterday’s both left me speechless.
The working poor must not receive reasonable compensation or inflation will crush them! Is that the idea Al? Suffer in silence and be thankful they don’t take your crumb away?
Stop. The Child Tax Credits are nothing compared to the 2017 tax cuts. They were all funded by debt and all dumped money into the economy. At least the Child Tax Credit actually helps someone.
Well, there are all the èminence grise who tell us that inflation is a temporary blip and there are conservatives who fan the flames of the outrage/fear de jour. Take your pick.
Of course the corporate cartoonists don’t reveal that the corporations are raising prices because they can for greater profits. Were they forced to compete, they’d be increasing production and the market of supply and demand would lower prices.
Trump created 6 Trillion dollars of debt and flooded America with cash. Remember the stimulus checks with his signature?
Pretending that inflation is all the Dems fault is asking people to forget the past 4 years.
We told you that Trump would Crash the economy He did we are just beginning to see that
We Told you that Trump would go to War with some nation to enhance his popularity. He tried to with Iran but the Joint Chiefs wouldn’t let him
We told you that Trump would be a dictator. He ain’t gone yet. The Repubs are not trying to steal the 2020 election…. They are Trying to steal the 2024 election through voter suppression so they can install their cult leader.
U.S. presidents might have a lot of power, but they do not have enough power to bend the economy to their wills nor control inflation. Blaming or cheering a president for the condition of the nation’s economy is just political noise – especially when that president has not been in office very long.
Demand went down. Companies got tax cuts but spent them on buying back stock; they did NOT buy goods for future use. Now demand is up, and the supply chain needs time to recover. Simple economics but Al either doesn’t understand or doesn’t want to.
FFS! Increased government spending and cutting tax revenue the last few years; plus COVID interrupting supply chains while consumer demand is at an all time high, inflation was a matter of time. But Conservatives love this faux financial BS every time a Democrat occupies the Executive and have to clean up Republican messes.
Al, you dummy, here’s a quick lesson in Capitalism for you. In language even the right should understand: As demand for labor rises, wages will increase. Capitalists will raise prices, and hence inflation is generated. Introduction of new technology will increase production and lower prices. Eventually, the rate of profit will decline, and unemployment will rise, and the economy sinks into a crisis.
Again, ‘As demand for labor rises, wages will increase. Capitalists will raise prices, and hence inflation is generated.’ Notice anything there Al? Demand for labor is on the rise, due to more people being vaccinated and lock downs being eased. Unfortunately for Capital, these new job seekers don’t wish to work for slave wages. So Capital looks to automation, which will result in a drop in profits and unemployment increases. See the cyclical nature of the beast Al?
Concretionist almost 3 years ago
Ol’ Al wouldn’t even BEGIN to look at the places that have tried this, where they discovered that… it really works very well, and here’s something you can only predict in hindsight: Families who started getting a child credit actually had an increase in employment. Because now the secondary earner can now afford child care.
Will it cause some inflation? Well… maybe. It’s true that when poor people get money, they tend to spend it, and that does… often… bid prices up a smidge.
Daeder almost 3 years ago
If Al Goodwyn is attempting to draw cartoons that are too dumb for words, he is succeeding admirably. This one and yesterday’s both left me speechless.
hermit48 almost 3 years ago
The working poor must not receive reasonable compensation or inflation will crush them! Is that the idea Al? Suffer in silence and be thankful they don’t take your crumb away?
baroden Premium Member almost 3 years ago
Stop. The Child Tax Credits are nothing compared to the 2017 tax cuts. They were all funded by debt and all dumped money into the economy. At least the Child Tax Credit actually helps someone.
walfishj almost 3 years ago
Primary cause of inflation: Increase of petroleum costs. Its ripple effect Primary cause of increases in petroleum products: Governot of Texas.
The Nodding Head almost 3 years ago
Well, there are all the èminence grise who tell us that inflation is a temporary blip and there are conservatives who fan the flames of the outrage/fear de jour. Take your pick.
VegaAlopex almost 3 years ago
Of course the corporate cartoonists don’t reveal that the corporations are raising prices because they can for greater profits. Were they forced to compete, they’d be increasing production and the market of supply and demand would lower prices.
Iseau almost 3 years ago
Have more kids, dump your husband or boy friends, go on welfare, unemployment and food stamps get section 8 housing and you’ll be fine.
jhayesd31 almost 3 years ago
Trump created 6 Trillion dollars of debt and flooded America with cash. Remember the stimulus checks with his signature?
Pretending that inflation is all the Dems fault is asking people to forget the past 4 years.
We told you that Trump would Crash the economy He did we are just beginning to see that
We Told you that Trump would go to War with some nation to enhance his popularity. He tried to with Iran but the Joint Chiefs wouldn’t let him
We told you that Trump would be a dictator. He ain’t gone yet. The Repubs are not trying to steal the 2020 election…. They are Trying to steal the 2024 election through voter suppression so they can install their cult leader.
DrDon1 almost 3 years ago
Goodwyn trying to “out-stupid” Bok today!
Scoutmaster77 almost 3 years ago
AG is a cartoonist not an economist.
braindead Premium Member almost 3 years ago
Like all Trump Disciples, Goodwyn HATES the entire concept of government helping people who are not already rich.
You know, Socialism!!!!!!!!! Which is exactly the same as Communism and fascism.
ferddo almost 3 years ago
U.S. presidents might have a lot of power, but they do not have enough power to bend the economy to their wills nor control inflation. Blaming or cheering a president for the condition of the nation’s economy is just political noise – especially when that president has not been in office very long.
Nantucket Premium Member almost 3 years ago
Demand went down. Companies got tax cuts but spent them on buying back stock; they did NOT buy goods for future use. Now demand is up, and the supply chain needs time to recover. Simple economics but Al either doesn’t understand or doesn’t want to.
MartinPerry1 almost 3 years ago
What can I say? For the right, price inflation good, wage inflation bad.
ndblackirish97 almost 3 years ago
FFS! Increased government spending and cutting tax revenue the last few years; plus COVID interrupting supply chains while consumer demand is at an all time high, inflation was a matter of time. But Conservatives love this faux financial BS every time a Democrat occupies the Executive and have to clean up Republican messes.
grumpypophobart almost 3 years ago
Al, you dummy, here’s a quick lesson in Capitalism for you. In language even the right should understand: As demand for labor rises, wages will increase. Capitalists will raise prices, and hence inflation is generated. Introduction of new technology will increase production and lower prices. Eventually, the rate of profit will decline, and unemployment will rise, and the economy sinks into a crisis.
Again, ‘As demand for labor rises, wages will increase. Capitalists will raise prices, and hence inflation is generated.’ Notice anything there Al? Demand for labor is on the rise, due to more people being vaccinated and lock downs being eased. Unfortunately for Capital, these new job seekers don’t wish to work for slave wages. So Capital looks to automation, which will result in a drop in profits and unemployment increases. See the cyclical nature of the beast Al?
Radish the wordsmith almost 3 years ago
Cartoonish exaggeration.