Absolutely correct. Pandemic related inflation is a "supply and demand" issue world-wide. However, it has been exacerbated by corporate greed. There are limits on what any government leader can do to fix this toxic mix.
Trump outrage? I gotta ask you lefty assholes (and you are for putting two of the worst candidates in American history into he white house) are you happy with what you have done?
It's part of their business model. It was a big issue during the Great Recession that started under Bush in 2007-2008. Should we bail out industries that prioritize profits & corporate bonuses over the rest of us? They do it whenever the Cons cut taxes. Instead of investing it back into the business & employees, they buy back stock & pay off the company execs. This is the "trickle down your leg" economic CONcept that the Cons live & breathe for, but proven time & time again it never works.
It was Covid. And you KNOW that. With that said, this is horrific news for Dems chances in November. The predictions on when inflation would dissipate have been way off. While it might be a tad better by November, I wouldn't bet on it being better to the degree it would need to be for Americans to really notice. Inflation is going be with us for months, years maybe. With that in mind, Democrats better go back to the legislative table and get a few things done and Joe needs to whip out the XO pen.
We haven’t seen prices this high since Obama was president.
Feb 11 (Reuters) - Oil prices ended 3% higher on Friday at fresh seven-year highs
Brent crude futures settled $3.03, or 3.3%, higher at $94.44 a barrel, while U.S. West Texas Intermediate crude rose $3.22, or 3.6%, to $93.10 a barrel. Both benchmarks touched their highest since late 2014, surpassing the highs hit on Monday, and posted their eighth consecutive week of gains
Ladies and Gentlemen the lamest come back ever uttered on the P&R board ever, or you don’t have clue one! Trump brought this country out of the 8 fucked up years of Obama and did it in a mere 3. It took a world wide pandemic and a completely dishonest media to take trump down!
Re: He's being retarded on purpose as he "forgets" how his Savior completely destroyed the economy by calling Covid a "hoax" for months and said it would be over in 2 weeks.
He also "forgets" his stupid trade war with Chyna that got shoved up his ass.
I haven’t forgotten anything, Trump didn’t destroy the economy Fauci did and your deluded insane ass can’t get past your trump hatred to see and accept the truth. So what’s it like to hate with blind intensity?
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