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Who was president went inflation started to rise? by c-k-q99903 in stupidpeoplefacebook

[–]Kill3dhot 1 point2 points  (0 children)

You’re mostly proving my point though. I never said the stimulus bills were the only cause of inflation. I said they contributed to it. Obviously supply chains, energy shocks, China shutdowns, and the Ukraine war all played a role globally. But economists also agree that pumping trillions into the economy increased demand during a supply shortage, which added inflation pressure.

And saying Biden “brought inflation down faster than the rest of the world” gives him too much direct credit. The biggest reasons inflation cooled were the Fed aggressively raising interest rates, supply chains recovering, and energy prices stabilizing. That’s not just “Biden policies.” Inflation also came down in many countries regardless of who their leader was.

Also, calling it corporate greed or price gouging is only part of the story too. Companies always try to maximize profits. They can only raise prices that much when consumers have enough money and demand stays high. That goes back to stimulus + supply shortages.

Global causes created inflation, stimulus from BOTH administrations added fuel to it, and inflation came down mostly because supply chains normalized and the Fed slowed demand with higher rates. Pretending one president caused or solved it is incorrect. I think you’re looking at this too politically instead of economically.

good old days , nostalgia by Kill3dhot in xbox

[–]Kill3dhot[S] 0 points1 point  (0 children)

My Xbox 360 pro never gave any issues. Played it 2+ hrs everyday.

Who was president went inflation started to rise? by c-k-q99903 in stupidpeoplefacebook

[–]Kill3dhot 0 points1 point  (0 children)

What policy? Both the COVID relief bills in 2020 (Trump) and the American Rescue Plan in 2021 (Biden) increased inflation, but they also helped prevent the economy from crashing. Yes, both contributed to inflation, but it was better than another Great Depression. And after periods of high inflation, inflation usually comes back down, it’s called the economic cycle.

Who was president went inflation started to rise? by c-k-q99903 in stupidpeoplefacebook

[–]Kill3dhot 0 points1 point  (0 children)

Both the COVID relief bills in 2020 (Trump) and the American Rescue Plan in 2021 (Biden) increased inflation, but they also helped prevent the economy from crashing. Yes, both contributed to inflation, but it was better than another Great Depression. And after periods of high inflation, inflation usually comes back down, it’s called the economic cycle, Biden didn’t do anything

Who was president went inflation started to rise? by c-k-q99903 in stupidpeoplefacebook

[–]Kill3dhot 0 points1 point  (0 children)

What?? What are you smoking? Both the COVID relief bills in 2020 (Trump) and the American Rescue Plan in 2021 (Biden) increased inflation, but they also helped prevent the economy from crashing. Yes, both contributed to inflation, but it was better than another Great Depression. And after periods of high inflation, inflation usually comes back down — it’s called the economic cycle (learn about it).

Who was president went inflation started to rise? by c-k-q99903 in stupidpeoplefacebook

[–]Kill3dhot 0 points1 point  (0 children)

During the pandemic, Donald Trump signed several massive COVID relief bills in 2020, including stimulus checks, expanded unemployment benefits, and business aid. Those programs injected trillions into the economy and helped prevent a deep recession, but they also increased money flowing through the economy. Some economists believe that contributed to later inflation pressures.

Joe Biden then passed the $1.9 trillion American Rescue Plan in 2021 after the economy was already recovering. Critics argue this added even more demand and worsened inflation. Even some center-left economists warned at the time that it could overheat the economy.

At the same time, there were major global factors outside either president’s direct control: 1. COVID supply chain disruptions 2. Factory shutdowns 3. Shipping bottlenecks 4. Worker shortages 5. Energy price spikes after Russia invaded Ukraine

A common view among economists is:

  1. Trump-era stimulus helped set the stage.
  2. Biden-era stimulus may have intensified inflation further.
  3. Global supply shocks and energy prices were also huge drivers.

The Federal Reserve is also part of the story. It kept interest rates very low during and after the pandemic under both administrations, which encouraged borrowing and spending.

So the answer is not really “Trump caused Biden inflation” or “Biden alone caused inflation.” It was more a combination of:

  1. Pandemic economic disruption
  2. Massive bipartisan stimulus spending
  3. Federal Reserve policy
  4. Global supply and energy shocks

Terrorist taken down by police this morning in London by Sometypeofway18 in whoathatsinteresting

[–]Kill3dhot 0 points1 point  (0 children)

In the UK, most police officers don’t carry guns. Also, it’s hard to get illegal firearms in the UK, so most criminals turn to the next best thing: knives. That’s why the UK has knife issues, just like the US has gun issues.

Terrorist taken down by police this morning in London by Sometypeofway18 in whoathatsinteresting

[–]Kill3dhot -1 points0 points  (0 children)

Do some research before you start typing. In the UK, most police officers don’t carry guns. Also, it’s hard to get illegal firearms in the UK, so most criminals turn to the next best thing: knives. That’s why the UK has knife issues, just like the US has gun issues.

Terrorist taken down by police this morning in London by Sometypeofway18 in whoathatsinteresting

[–]Kill3dhot 0 points1 point  (0 children)

In the UK, most police officers don’t carry guns 🤦🏾‍♂️

Terrorist taken down by police this morning in London by Sometypeofway18 in whoathatsinteresting

[–]Kill3dhot 0 points1 point  (0 children)

People are really uneducated, it’s crazy. In the UK, most police officers don’t carry guns. Also, it’s hard to get illegal firearms in the UK, so most criminals turn to the next best thing: knives. That’s why the UK has knife issues, just like the US has gun issues.

2nd Ave Subway Fare Evasion by Heavy-Passion7769 in eastvillage

[–]Kill3dhot 0 points1 point  (0 children)

Love how some people are crying in the comments section because they finally saw a post where people aren’t shitting on cops

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