XPost: talk.politics.guns, nc.general
In article <XnsAEA0A6C47648ECXD305@0.0.0.0>
bob user <
bobuser@mindspring.com> wrote:
On 23 May 2022, Klaus Schadenfreude <klaus.schadenfreude.entfernen.@gmail.com> posted some news:n33o8hpa2t92l5d9mb9s5fd4v14s9ricub@4ax.com:
On Mon, 23 May 2022 14:57:04 -0700 (PDT), "jecorbett19580@yahoo.com"
<jecorbett19580@yahoo.com> wrote:
https://www.msn.com/en-us/money/markets/john-harwood-really-really-want >>s-you-to-stop-blaming-biden-for-inflation/ar-AAXCV4b?ocid=msedgdhp&pc=U >>531&cvid=87659156d07946ba8cc0f81611810b4d
This moron thinks inflation is caused by increased demand for goods.
"Indeed, economists across the political spectrum now believe that >>Biden's $1.9 trillion American Rescue Plan, while it accelerated
growth and job creation, exacerbated inflation somewhat by >>over-stimulating consumer demand,"
Economists across the political spectrum DO NOT believe inflation is >>driven by over stimulated consumer demand. Inflation is a devaluation
of the currency, the result of flooding the economy with excess
dollars through Biden's $1.9 trillion America Rescue Plan. I said in
this forum when it was announced that any benefit people got from the >>stimulus checks would be wiped out by inflation and that has proven to
be the case. Government cannot make people wealthier by handing out >>money. When they do that, money loses its value and nobody gets any >>richer. This is Economics 101 and it is amazing that CNN would employ
a commentator who doesn't know that.
"He studied history and economics at Duke University, graduating magna
cum laude in 1978.
Were we still trading in pebbles and sea-shells back then? Or did he
blow somebody for his degree>
Duke BA = blow
Duke BS = drop pants and spread
If you want to get any constructive work done on company time, don't hire
a Duke graduate. Too much drama and activism crap with them.
A queer manufacturing site in North Carolina? Say it ain't so.
--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)