" I do think we should remember that there's really two biggest things that contributed to inflation, which really dominated the campaign, which was number one, covid introduced serious supply shocks.
"So the supply chain was bottled up all over the world because they couldn't move things in and out of ports because of Covid. But also num…
" I do think we should remember that there's really two biggest things that contributed to inflation, which really dominated the campaign, which was number one, covid introduced serious supply shocks.
"So the supply chain was bottled up all over the world because they couldn't move things in and out of ports because of Covid. But also number two is that like the United States undertook a really aggressive fiscal and monetary response to Covid to try to prevent what legitimately could have become a worldwide depression. I mean there was a real chance of that happening. And for the record, the person who started that stuff was Donald Trump, right? Donald Trump when Covid broke out was not preaching austerity. He was not saying what about inflation? He was participating in this. There's a world where he wins in 2020 and it's the Republicans who are getting all this blow back because of the inflation of the past few years."
How about:
Three: halting some existing and restricting some new US and North American energy production projects
and
Four: the so-called Inflation Reduction Act which (once passed and signed into law) was extolled as the most significant piece of climate legislation ever, and which merely added more government spending to the inflation fire
These two inflationary influences are Democrat-owned, an unlikely to have happened if Trump had been reelected.
" I do think we should remember that there's really two biggest things that contributed to inflation, which really dominated the campaign, which was number one, covid introduced serious supply shocks.
"So the supply chain was bottled up all over the world because they couldn't move things in and out of ports because of Covid. But also number two is that like the United States undertook a really aggressive fiscal and monetary response to Covid to try to prevent what legitimately could have become a worldwide depression. I mean there was a real chance of that happening. And for the record, the person who started that stuff was Donald Trump, right? Donald Trump when Covid broke out was not preaching austerity. He was not saying what about inflation? He was participating in this. There's a world where he wins in 2020 and it's the Republicans who are getting all this blow back because of the inflation of the past few years."
How about:
Three: halting some existing and restricting some new US and North American energy production projects
and
Four: the so-called Inflation Reduction Act which (once passed and signed into law) was extolled as the most significant piece of climate legislation ever, and which merely added more government spending to the inflation fire
These two inflationary influences are Democrat-owned, an unlikely to have happened if Trump had been reelected.