In January of 2021, inflation was at 1.4%. By December of 2021, it had risen to 7% — a fivefold increase. Now, since the war in Ukraine began in late February, the rate of inflation has risen incrementally another 1.6% to a current level of 8.6%. So again, from 7% to 8.6%.” Hagerty asked Powell, “Given how inflation has escalated over the past 18 months, would you say that the war in Ukraine is the primary driver of inflation in America?”
“No, inflation was high before — certainly before the war in Ukraine broke out,” Powell said. Republicans, centrist Democrats, Amazon/Washington Post owner Jeff Bezos and — on at least one occasion — Biden himself have said that massive government spending helped spur inflation, including last year’s $1.9 trillion American Rescue Plan Act.
Gas and food, etc., were cheaper even before Covid. The reason oil is so high today is because President Biden has promised to end fossil fuels. Why would they invest more money in a losing prospect. That’s the basic idea of economics-your business has to make money. Also, spending 3 trillion dollars on top of what was spent prior on Covid, was what put the economy over the edge. Don’t believe me, listen to the fed chair Jerome Powell. Unfortunately for this country, Biden, or whoever is pulling his strings, doesn’t know the basic idea of economics.
Have you forgotten what happened in the summer of 2020 at the White House? https://www.thesun.co.uk/news/11752998/trump-secure-bunker-friday-george-floyd-protests-white-house/ This was much more violent and more like an insurrection. But yeah, Republicans bad…
The Republicans aren’t in charge right now, when they were gas was a lot cheaper, as was everything else. It’s interesting that you deflect to ‘but, but, Republicans!’ This president is good for one thing, and that is what Obama said, screwing things up. I wish it weren’t so, I love this country and want us to thrive.
He might be talking about this https://www.dvidshub.net/video/844401/navspeaks-pronouns
1988 Dan Quayle, Loyd Bentsen we’re running
Oh for Pete’s sake, what an idiotic thing to say! Do you really believe that or do you just spew hatred for fun. Stop!
Thank you for saying that.
Roe was an example of how “doctrinal limbs too swiftly shaped…may prove unstable,” Ginsberg said in a much-quoted lecture she gave at New York University in 1992. Ginsburg wаs essentiаlly disаgreeing with Roe’s core аrgument thаt the right to аbortion wаs bаsed on а womаn’s right to privаcy with her doctor, rаther thаn а violаtion of the Constitution’s equаl protection clаuse.
Great article, thanks for posting. Except, I had decided to quit reading all the comments, too frustrating! Sigh