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.
blackbelt352@lemmy.world 6 days ago
Then what will I find you doing? Because going after brown mayors breaking from the corporate favoring policy seems to be in your wheelhouse.
OccamsRazer@lemmy.world 6 days ago
That’s because it’s lemmy, almost entirely progressives. The populists on the conservative side making bad policy are slashing funding with little regard for long term impact that’s just as harmful as the populist leftist approaches, you just don’t see me having those conversations here because nobody on lemmy is advocating for it. I think policy should encourage competition and that’s about it. At least in regards to economic issues. The market can sort these things out if it is allowed to work, as long as there is healthy competition.