Liberals are asking for all kinds of inflationary pressures. Student loan forgiveness, higher minimum wages, job protections. And most dramatically, AOC asking for lower rates when talking to Powell last year.
It’s actually rather difficult for me to think of a singular Democrat policy that’d have deflationary effects… Well… There’s always raising taxes which I’d strongly support. Especially right now when inflation is at the forefront of a lot of people’s minds. It’d cause a slowdown in spending and likely drop prices.
i’m sure some people deserve student loan forgiveness. but most people i know who got it didn’t. they were purposing not paying back their loan so they could spend money elsewhere on luxuries.
and interest rates shoudl stay high. lowering them again to 1% will further fuck the economy for the working class like it has been for the past 20+ years of low rates. poor people don’t borrow much money, rich people do. Hence why wall st is the one pushing super hard to lower rates again.
Liberals are asking for all kinds of inflationary pressures. Student loan forgiveness, higher minimum wages, job protections. And most dramatically, AOC asking for lower rates when talking to Powell last year.
It’s actually rather difficult for me to think of a singular Democrat policy that’d have deflationary effects… Well… There’s always raising taxes which I’d strongly support. Especially right now when inflation is at the forefront of a lot of people’s minds. It’d cause a slowdown in spending and likely drop prices.
pretty much.
i’m sure some people deserve student loan forgiveness. but most people i know who got it didn’t. they were purposing not paying back their loan so they could spend money elsewhere on luxuries.
and interest rates shoudl stay high. lowering them again to 1% will further fuck the economy for the working class like it has been for the past 20+ years of low rates. poor people don’t borrow much money, rich people do. Hence why wall st is the one pushing super hard to lower rates again.