Whattabout Congress? Yes, they are also woefully lacking in economics qualifications. That’s how we are in a perpetual cycle of increasing entitlements driving inflation in the first place. But then Mamdani kicking the inflation machine into high gear while trying to control prices can only end in economic disaster.
blackbelt352@lemmy.world 1 week ago
But for some reason youre hyperfocused on El-Sayed and Mandani and not the overall irrelevant qualifications. And clearly Mamdani’s policies are actually working, the budget is balanced. And explain to me how the fuck Mandani, a mayor of a city, has any effect on the federal reserve’s monetary printing policy.
OccamsRazer@lemmy.world 6 days ago
Monetary policy is only one possible factor for driving inflation. High demand and cost of goods and services are other major factors, which Mamdani definitely has influence over. Also anyone can balance a budget for the short term. That’s my whole point, that these short term policies are popular, but devastating in the long term if you don’t actually know what you are doing.
blackbelt352@lemmy.world 6 days ago
His policies can’t be any worse than the trickle down bullshit we’ve been attempting and failing with for the 40 years.
OccamsRazer@lemmy.world 6 days ago
Well you won’t find me defending corporate welfare.