Why the Full Employment Created by Bidenomics Should Be Celebrated
Why the Full Employment Created by Bidenomics Should Be Celebrated
The economy has many problems. But the labor market hasn’t been doing this well in many decades.
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Let us see if Bidenflation is much better closer to 2024...
At any rate, I will have to admit that I have a personal stake in this debate. Back when the American Rescue Plan was being debated, I argued against Larry Summers’s notion that its size should be slashed because it might cause inflation. I said the balance of risks was not even close—on the one hand a continuation of the economic lost decade of the 2010s, but on the other some inflation that would cause only moderate pain. Inflation did come—and while I don’t believe Summers was right about the causes, which were more about the pandemic and the war in Ukraine than Big Fiscal, it did turn out to be quite unpopular.
The Lawerence Summers that blamed inflation on Jan. 6 2021, this is the person people are looking for advise?
Jimmy Dore did a video on him on Jun 15, 2022.
Obama Advisor Ties Inflation To January 6 https://www.youtube.com/watch?v=z4L8PHBowpk
jimmy dore is a cryptofash and you spread cryptofash shit everywhere.
What is cryptofash?
When have I posted about crypto?
Only time I remember was when I posted Yanis Voaroukis talk about cryto.
Crypto is dead | Yanis Varoufakis x Viktor Tábori x Brain Bar
cryptofascist. nothing to do with cryptocurrency they just share the same prefix, in the case of cryptofascist it means obfuscated, hidden. jimmy dore is a fascist pretending to be a leftist in order to sow leftist division and fud. that's why he only attacks left and simps for authoritarians states. like a tankie but no earnest leftist beliefs at all.
Crypto-fascism. Also, Jimmy Dore fucking blows
Who the fuck reads this and thinks the author, who clearly states they disagree with Larry Summers at every point, is looking to Larry Summers for advice? And who gives a flying fuck about Jimmy Dore? Are you Jimmy Dore?
He spams links for Jimmy Dore's youtube channel.
He quoted him on the article, I did not bring it up for no reason.
If the bar is as low as Lawerence Summers, then that is good for you, not for me.
The bar for Jimmy Dore is far, far lower.
Is it though?
Watching his point of view vs. other politicial yters...
He calls it as he sees it, then the backlash and smears start, since he is left of those people.
He is more the lay person, no need to act like he is a professional politician.
Sabby Sabs is more to my taste, but I do try and watch as many people as possible.
Being in a bubble is not good.
Of course, inflation that every industrialised country is facing is because of Joe Biden.
Person who is currently in charge gets blamed as history shows.
What caused inflation? Federal Reserve printing out money like crazy for wars.
I do not see a push for a Great New Deal.
Mostly just corporate democrate talk and half tries.