John Deering for September 27, 2022

  1. Green 5 point celtic knot 300
    Erse IS better  over 1 year ago

    There’s no good and painless answer. Except to overthrow the oligarchs… and that wouldn’t be painless.

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  2. Albert einstein brain i6
    braindead Premium Member over 1 year ago

    The Fed has NO power to legislate or enforce anti-trust legislation.

    Nor to roll back tax cuts for the rich and patriotic multinational corporations.

    .

    And they certainly don’t have any ability to go back in time and re-do how the pandemic was [not] addressed.

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  3. Avt freyjaw winter48
    FreyjaRN Premium Member over 1 year ago

    Show me a better way to curb inflation.

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  4. Giraffe cat
    I Play One On TV  over 1 year ago

    Paul Volcker (nominated by Mr. Carter) is given much credit for getting inflation under control (which did happen) during the first years of the Reagan administration. But a lot of poor people were pummeled financially as a result.

    History will repeat. Mr. Deering is quite correct.

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  5. Giraffe cat
    I Play One On TV  over 1 year ago

    People have accepted that inflation makes things cost more, and that it’s here for a while, however long “a while” is. This fact is not lost on the people whose products’ costs have risen significantly. They raise their prices because they can, and they know many more people will want to blame Mr. Biden for it.

    There is only one way to stop that, and that’s to stop buying stuff you don’t really need. If it ain’t selling, the prices must come down.

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    MuddyUSA  Premium Member over 1 year ago

    Same old same old……

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  7. Img 0048
    Nantucket Premium Member over 1 year ago

    Repubs artificially kept inflation low. Corporate execs and hedge fund managers weren’t satisfied with low capital gains rates, they borrowed against their stock options so they didn’t pay ANY taxes. People couldn’t get decent returns on savings or even CDs. The stock market went crazy with companies buying back their stock after the 2017 tax cuts for the wealthy rather than investing in their employees or the long term health of the company.

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