In Must See Video Heidi Heitkamp Shows TFG, Not Biden, Caused Inflation

[ffr]

Former Sen. Heidi Heitkamp showed how TFG’s deficit spending caused inflation and the current gas prices.

Link to tweet

Inflation Alarm Bells Started Ringing Under TFG

As early as 2018, experts were starting to warn that TFG’s policies of deficit spending, a massive tax cut for the wealthy, and overheating economy were going to trigger inflation.

TFG and the Republicans threw gasoline on the fire in 2020 with more COVID-related deficit spending. - PoliticusUSA

When the press is too shy or too gullible to figure it out on their own, someone needs to step up and state the obvious. The inflation we're experiencing is a direct result of Republican policies undertaken by the previous administration. Hell the U.S. budget is a fiscal budget, not a calendar budget, it ends a half year into the next administration...06/30/21. Inflation fears were already in place three years before that! DUH!

Sorry ABC Noise. Nice try, but Heidi made you eat your own stupidity on that one. Bet she wont' be welcomed back to that show!

[LizBeth]

1. That was one I have been bothered with. Discussion of inflation was being discussed end of 2019.

I saw a report we were sitting in inflation Feb 2020. The covid hit in March and there was never discussion about it again. So we were already sitting in it but covid numbers hid the numbers and discussion.

[House of Roberts]

2. There are two kinds of inflation.

High aggregate demand resulting from broad prosperity among working class consumers, and external cost increases from supply shortages. We're still having supply shortages because the economy has not returned to pre-pandemic conditions.

If this economy has fully recovered, why can't I get the flavors of Fancy Feast my cats like, or the store brand saltines with no salt tops, or the Coke Zero decaf I prefer to drink in the evening?

[Hav]

3. Biden's handling of gas prices? Stupid question to ask

I know that the average voter thinks like this and it's a topic relevant for elections but I wish people were smarter. Biden doesn't set gas prices that have increased considerably all over the world.