Thread: Contract 2022
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Old 04-17-2022 | 09:10 AM
  #983  
Nantonaku
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Originally Posted by Margaritaville
I don't disagree with you that the current administration has boinked the goat on fiscal policy, but unfortunately the only cure to the inflation they brought us is most likely to tank the economy. The recession is probably unavoidable now the only question is how deep it goes and how long it lasts. Also the Fed determines all that and they are mostly independent. The current Fed chair will probably outlast Biden and his comrades unless Trump comes back and tells everyone "yer fiiiiaaed" which I doubt will happen and don't even really want to see (time to move on to more traditional conservatism).
The other party is just as fiscally irresponsible as the current party in charge. Both can’t break their addiction of spending money we don’t have. And let’s not forget the last guy in charge was threatening the Fed trying to get them to lower rates when they were already exceptionally low and the economy was red hot. So no way an election in November is going to be anything other than more of the same.
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