I"m going to do this again for you and i hope you will take the time to learn. I genuinely fear those in and near academic centers are becoming so indoctrinated that htey're being deprived of the ability to understand, to infer, to extrapolate and to think on their own. so let's go:
It's not when they started. It's how long they lasted. Too long. And that was a product of far left cult virtue-signaling and control.
Here's how they got it so wrong
time.com
this also impacted businesses and gave rise to the mass exodus from blue states to the red south as well as contributed to a spike in home prices:
“The transition to remote work because of the COVID-19 pandemic has been a key driver of the recent surge in housing prices,”
they don't lift up all americans. they engender reliance and keep people stuck in poverty. but it does confirm that you are a far left progressive in your beliefs.
The massive spending law, which included
$1,400 checks for each person in a family, generous expansions to
unemployment insurance and
child tax credit benefits, and
hundreds of billions in aid to state and local governments, was intended to help people in need and stimulate economic demand, and it did.
Some economists
argue, though, that all this came at the cost of making inflation worse. New
Consumer Price Index numbers released Wednesday showed prices up 8.3 percent compared to one year before. And “core inflation,” which excludes volatile energy and food prices, rose 0.6 percent in just one month.
Countries around the world are struggling with inflation due to pandemic disruptions, but the Biden stimulus made the US’s inflation problem more severe, to at least some extent. “I think we can say with certainty that we would have less inflation and fewer problems that we need to solve right now if the American Rescue Plan had been optimally sized,” said Wendy Edelberg, a senior fellow in economic studies at the Brookings Institution.
From 2021 onward, what’s known as “core inflation”
has been significantly higher in the US than in other wealthy countries.
The authors don’t mince words about why they think that is, writing: “Estimates suggest that fiscal support measures designed to counteract the severity of the pandemic’s economic effect may have contributed to this divergence by raising inflation about 3 percentage points by the end of 2021.”
That is: The US did a lot more stimulus than these other countries, and now it’s seeing a lot more core inflation.
no. what he wanted was to expand the social safety net with cradle to grave benefits. the pandemic was a pretense to get through social welfare expansion.
From Cradle to Grave, Democrats Move to Expand Social Safety Net
The $3.5 trillion social policy bill that lawmakers begin drafting this week would touch virtually every American, at every point in life, from conception to old age.
And as of today he's calling for new social programs.
In long, you are woefully uniformed, on every topic. I'm frankly at a loss that you could be so uniformed, but it's in keeping with many, if not most, on the board. Biden has been an abject failure in his endeavors to be a progressive president. I believe the less gov we have, the more freedoms people have to build businesses, the better for all; you believe we should have more intrusive gov that cares for more. So you will vote for biden and i will vote for trump, but at least become informed on the issues
what will get with biden is massive welfare spending, open borders, and inflation. How do i know that? it's who he is and it's what his record reflects
