Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Biden's spending policies are also to blame.


The CARES Act was signed by Trump and was $2.2 trillion. The American Rescue Plan was signed by Biden and was $1.9 trillion. And yet you blame Biden?

Meanwhile the current Fed chair, a Trump nominee, has way more control over inflation and was responsible for raising interest rates way too late. And yet you blame Biden?

I am still waiting on an answer as to what exactly Trump would do to curb inflation if he were in office. As far as I understand, wishful thinking and partisanship does not impact wheat prices.


American Rescue Plan may not have been necessary. Biden became president when vaccine rollout was already happening; we were entering a new pandemic phase of hope and recovery. I fully blame ARP for inflation being 8% and not 5%.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: