Oxymorons

Coming soon to a Newspeak dictionary near you! :-)

Better living through redefinition of words.

I think Biden won't do anything about inflation but those synonyms aren't shown on my internet, however it would be Biden's definition: Inflation Reduction Act, just a way to buy votes and another promise to break

Yep. Let’s turn the USA into a turd world country.

It is all part of Modern Monetary Theory. MMT proposes that governments with their own currency can never run out of money like private industry and individuals. All they need to do is print the money they need and there is no limit on that amount. The critics of MMT point to the inflation that will occur if they endlessly print money. The economists who promote this theory (economists like Stephanie Kelton [a former adviser to Bernie Sanders], L. Randall Wray, Bill Mitchell [who coined the name Modern Monetary Theory], and Warren Mosler) claim that the government just need to pass laws that will stop inflation.

MMT is like purposely cutting yourself just so you can put a Band-Aid on it. If you print large amounts of money then inflation is inevitable. It is a cause and effect scenario. You cannot do one without causing the other. Mainly because printing money lowers the value of all existing currency. It takes more dollars to equal the value those dollars once had.

It is no surprise that AOC said that MMT “absolutely” needs to be “a larger part of our conversation.” If you let an insane moron promote your economic theory then were all doomed.

This Inflation Reduction Act is just the left's way to force retailers and businesses to not raise their prices. That is not how to fix this problem and is only going to make matters worse as first the small businesses will be forced to shut down, then the medium sized businesses will start to collapse and then the next domino will be the large corporations with the exception of the ones the government likes.

You hit the nail on the head. Too many dollars chasing too few goods is the classic definition of inflation. And continually running the printing presses to create more dollars always makes the situation much worse. I lived through the Jimmy Carter years where the news stations, who were far less partisan, would report on the Misery Index. It was a measure of things like inflation, and unemployment. Miserable times back then, and miserable times today. And they are all courtesy of Democrat disaster out monetary and economic policies.

I was in my late teens during the Carter years. I remember the misery index. They still keep the misery index.

It is currently at 12.6 which was the lowest it got during the Carter years. It was 5.36 in Oct 2019 and shot up to 15.06 when the pandemic started in April of 2020 and plummeted down 7.76 in Jan of 2021. It has been constantly rising ever since Biden was elected. I anticipate it rising up to at least Carter's high. Carter's approval rating was higher than Biden's. Plus Biden is working for China and the World Economic Forum and the UN to collapse the US economy before 2030.

The highest it has ever been was 21.93 in May of 1980, Carter's final year in office.

I sincerely appreciate that you understand history and that we are repeating that history today.

Thanks. I've always appreciated your memes and comments.

I appreciate your good economic sense, and also your very kind words. Best regards!

You also.

Exactly! UPVOTE

Thank you!

"democrats unfortunately love abortion"

No, democrats think it should be legal