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Bidenomics

756 views 23 upvotes Made by DaWeasel 3 weeks ago in politics
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4 ups, 3w,
2 replies
The Federal Reserve raised interest rates at least 11 times since 2022 – 7 times in 2022 and 4 times in 2023 – in an effort to save bidenomics.
5 ups, 3w,
1 reply
Janet Yellen is a twit.
4 ups, 3w
made w/ Imgflip meme maker
1 up, 3w,
1 reply
True but I don't think we're out of the woods yet... The latest jobs report was so good they're actually talking about raising the rate yet again.
😑
1 up, 3w
Trumpers talk about low unemployment like it was the only thing that mattered.

Seems people have forgotten the term, "overheating economy," that was oft used during the Clinton Administration, in which interest rates were raised in order slow the economy down including hiring, aiming for a minimum 4.3% unemployment rate in order to maintain healthy economic growth.

It's ironic, but Welfare, etc, is actually needed in order to sustain growth and keep prices down. Should the pool of ready unemployed should shrink too much, workers get increasingly harder to find, wages go up, and thus so does inflation.
1 up, 3w
That sounds like you hate capitalism.

Why would you object to the gas companies charging you as much as they possibly can?
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DEMOCRATS EXPLAINING HOW GREAT THE ECONOMY IS; AFTER YOU JUST SPENT $90 TO FILL UP YOUR GAS TANK