tag:blogger.com,1999:blog-8078379512095504946.post1184717730525114140..comments2024-03-29T04:06:37.402-07:00Comments on Had Enough Therapy?: The Biden Agenda-- Spend Like There's No TomorrowStuart Schneidermanhttp://www.blogger.com/profile/12784043736879991769noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8078379512095504946.post-1556695548662618712021-04-29T08:21:51.312-07:002021-04-29T08:21:51.312-07:00But Tomorrow is "whatzername"...Kamala!
...But Tomorrow is "whatzername"...Kamala!<br /><br />"Inflation is certainly the open question in our future," Not "a question", it's the "future".Sam L.https://www.blogger.com/profile/00996809377798862214noreply@blogger.comtag:blogger.com,1999:blog-8078379512095504946.post-23821853799462288862021-04-29T06:21:46.224-07:002021-04-29T06:21:46.224-07:00I'm glad I'm not responsible for any of th...I'm glad I'm not responsible for any of this.<br /><br />Perhaps we're admitting MMT is the future, or bust, since no one, not even Republicans who passed cut taxes under Trump with no plans to pay for it, believe federal debt will be paid off.<br /><br />Inflation is certainly the open question in our future, but apparently as long as the rich can suck up the money faster than the rest of us can get a hold of it and spend it, inflation doesn't happen. Or we can say asset inflation is happening, to explain real estate prices that mean young people can never aspire to own their own home, unless they inherit one.<br /><br />And I don't know about $15/hr minimum wage, or at least it is probably way too low for many places, and too high in others. Overall higher wages mean THINGS are cheap, but labor is expensive, so we can buy lots of cheap stuff at Walmart, as long as China keeps making it for us. And when things break, throw them away, and buy a new one. I don't see how this reduces climate change in a new low carbon future.<br />Ares Olympushttps://www.blogger.com/profile/09726811306826601686noreply@blogger.com