The thing any sort of discussion of econometrics and their relationship to politics never even considers are people's expectations. Like maybe Brandon and the dems should consider the fact he was promising everyone significant change. Like maybe if you promise people you are going to change things and then don't people might be mad about that regardless of the data. I was promised student loan relief, I don't give a shit that inflation came down, I didn't get my money you fucker.
the_dunk_tank
It's the dunk tank.
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He promised the exact opposite: "Nothing will fundamentally change." Verbatim quote.
That was early on, later he promised a bunch of shit.
He literally promised to give people a check, he mentioned the exact amount. And then he didn't.
He also promised to cure cancer btw.
"Line goes up, I don't understand, am I out of touch?"
"No, it can't be. It's the poors who are wrong."
Kelly, nooo!!
Oh no, i failed to think about how the libs are going to simp for biden extra hard this year
Hey, if we're lucky this might at least give us another four years to pack our shit and leave until the 'more competent fascist' steps in.....
Who am I kidding? Biden is the more competent fascist. He literally has the public begging for MORE austerity, moving MORE to the right, and they want to vote him out because he's not fascist enough. That's a more competent fascist if I ever heard one.
I think we'll be talking about the 2021-2022 inflation for the rest of our lives as the COVID era is incorporated into textbooks etc. Fundamentally it was a supply shock from the initial wave of tightening in 2020. I believe doing nothing would've gotten us the same result with inflation "plummeting" to 3.2% YoY as supply caught up with the disruption. Increasing interest rates is simply bloodletting that hasn't killed us yet - quacks are patting themselves on the back but we're not out of their grasp yet. Sometime in the future the intervention will be disproven.
isn't 'Ward Sutton' the deranged author in In the Mouth of Madness?
I laugh at those who think that our government gives the slightest shit about them and their wellbeing as citizens.
To mis-quote Bill Clinton. "It's the inflation, stupid."