How did Biden cause inflation?
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Mickey7@lemmy.world 9 months agoI agree that those who are really rich pay a lower tax rate then us average people. But that is a side issue when considering how the biden regime policies caused massive inflation
PeepinGoodArgs@reddthat.com 9 months ago
Mickey7@lemmy.world 9 months ago
Check out all the government spending soon after he took office. Study the spending bills from the totally controlled Democrat congress that he signed. Then check out how any of those trillions spent (our tax dollars) benefited you. Government spending causes inflation. If you start with 5 one dollar bills they are each worth one dollar in spending power. If the government PRINTS 2 additional dollar bills now your five dollars is worth less. It’s that simple. It was so absurd they told that they needed to print even more money to reduce inflation. They must think very little of the intelligence of their audience to think anyone would believe such a complete contradiction
PeepinGoodArgs@reddthat.com 9 months ago
Government spending causes inflation.
Yes, but…is government spending the only cause of inflation?
Mickey7@lemmy.world 9 months ago
It is always the major cause. Just think about it. Imagine if you could just fucking print as money currency as you wanted. The more they print the less what you have is worth. Simple math
BobaFuttbucker@reddthat.com 9 months ago
Who do you think pays congress to oppose bills that require corporations to pay a higher tax rate? Cause the answer is the Republican members.
Don’t believe me? Go look at their voting records. I’ll be here waiting.
Mickey7@lemmy.world 9 months ago
I do not know the percentage of Republicans vs Democrats that fuck us to help corporations, but it certainly isn’t only Republicans.
BobaFuttbucker@reddthat.com 9 months ago
You’re correct. It’s only mostly republicans.