Will Joe Biden be the Democrat Nominee in 2024?Posted By Rod Kaufman |
"Last month, inflation in the US hit 8.6%, one of the highest rates in the world."Originally Posted by Mel Makihttps://www.bbc.com/news/business-61569559
7th line down.
"Many of the forces driving inflation last year - such as supply disruptions from Covid and higher food prices after severe storms and drought hurt harvests - were not unique to the US."
"The reason the US fared worse? In two words - high demand."
Now, in addition to the stated reason, in two words, for why the US has fared worse, I'd like the cons on the forum to recall, after turning off their selective amnesia switch, that Donald Trump sent pandemic relief checks to Americans, replete with his name on it, and the cons didn't have a problem with that but they suddenly do when they think they can blame Biden for doing the same.
So, not only is their stated reason incorrect that inflation is the worst here because of Biden's aforementioned action, they conveniently forget that Trump did the same thing. The effects are not mutually exclusive but they do have a cumulative effect that is ignored by the cons, as usual...