Frightening response by Biden’s economic advisor.

How long was fund rates near 0 under Obama?

 

Oh gaslight somewhere else. You ought to feel embarrassed posting any of that here.

He downplayed the risks, which he indicated (to NYT for just one example) that he knew, and it cost many people their lives. It likely cost our economy. His policy was to undermine our health institutions, to repeatedly outright lie to the American public, and to model destructive behavior. All for the sake of the economy, or more specifically, his chances at winning the election.

Again, gaslight somewhere else. It's embarrassing.

Tell the people that we are facing what may be a grave health situation, listen to our experts and model healthy behavior. It's not hard.

(Oh, but you probably also remember him tearing his mask off like a fake he-man after risking the lives of the DHS agents who had to ride with him in a car for a photo op when he was still transmissible. Pathetic.)

Sorry, no goalposts were moved. You want to badmouth the Biden economy, by comparison, while trying to deceive about interest rates, ignore that the Trump economy was just debt-fueled fiscal stimulus, and erroneously attribute all the stimulus spending to Biden.

Sorry man, we were there and we were paying attention. Still are. Your deceit won't sell here.

 

Now you want to bring up Obama?

 

I never said all the stimulus spend was due to Biden, show me where I said that.

The thread was about the current economy, inflation and the causes. Yet you decide to wade off into the weeds and bring up Trump’s deficits, sorry that’s not why we had the massive run in inflation.

You answer about “modeling healthy behavior, and listening to the experts” is a nothing burger answer.

Had the entire country shutdown like some states did for 18 months the economy would have been destroyed. That’s what some of those esteemed experts suggested.
You call it bad mouthing the Biden economy I’m taking about the root causes of inflation, just keep ignoring the massive Government spending as if those trillions go nowhere.
The Fed played a role too and I’ve said that before they left rates too low too long, they along with Biden and others kept calling inflation “transitory”. Well it wasn’t nearly as transitory as they all thought now was it.

Carry on.

 

I thought the economy was being destroyed by Biden. So were covid the good days of the econ? BTW - no states shut down for 18mos.

 

Where have I said the economy is being destroyed by Biden?


They may not shutdown continuously for 18 months but there were states that closed and reopened closed and reopened. Some didn’t open schools fully for that long.

Seriously you guys need to stick to what people post and not some crap you hear somewhere else.

 

Where did I say that you said that?

So you were exaggerating to fit your narrative .

 

Too funny!

 

That’s not correct. If you look closer, it’s a left wing hit piece advocating for MMT: essentially print as much money as you want and spend it on lavish social programs.