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WarGamer

(17,756 posts)

4. It's an incredibly difficult situation for the Biden administration.

Reply to elleng (Reply #3)

Sat Apr 23, 2022, 11:17 PM

Apr 2022

It's like a train going down the track and a Y-junction is approaching. A left turn hurtles you off a cliff and a right turn hits an oncoming train.

To beat inflation, you basically have to create a recession. Because the prosperity itself... the success of the economy is what is driving inflation (for the most part).

JPow basically announced last week that mortgage rates will be 7-8% in 2024.

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Highlight:

Biden's Economic Performance Has Proved Unbeatable. [View all] elleng Apr 2022 OP

Spread this news far and wide! lapucelle Apr 2022 #1

As long as he's vulnerable on the inflation calguy Apr 2022 #2

'vulnerable' if rationale and causation are not discussed. elleng Apr 2022 #3

It's an incredibly difficult situation for the Biden administration. WarGamer Apr 2022 #4

GREED is driving inflation, it's a BIG lie that prosperity is driving inflation. elleng Apr 2022 #6

'Corporate America is booming' Celerity Apr 2022 #5

It CAN be done, imo. elleng Apr 2022 #7

but that video is (rightly so) criticising the corporate 'booming' Celerity Apr 2022 #8

Right, Bob Reich was being polite in his words; elleng Apr 2022 #9

but your OP article is celebrating the corporate booming, thus my confusion now (and my saying Celerity Apr 2022 #11

Not celebrating. elleng Apr 2022 #12

Reich is spot on ( and doesn't rely on nuance) the article by Winkler not so much. Celerity Apr 2022 #13

I'd call it a mixed bag. KentuckyWoman Apr 2022 #10