I am no fan of Biden, but he didn't start this mess. Not that he's doing a damn thing to help it, but the problem was there well before he was even a presidential candidate.
And yeah, inflation is ramping up and I'm afraid of where it's headed. Hopefully wages keep pace with it, and hopefully the USD doesn't hyperinflate. That's a lot of hope there.
Joe Biden was behind extending unemployment benefits until Sept. 2021, which means for over a year people got paid to stay at home and do nothing. That includes a time where vaccines were widely available.
He's already spent 1.25 trillion this year, and is proposing another 3.5 trillion in nonsense spending.
This is difficult to accept but quite right. The Democrats wanted to appear so distant to anything that Trump supported that they took an overly coddled view on lockdowns and the need for supporting people. In a lot of other countries, life slowly hobbled back as people took precautions and tried to solve COVID within communities and families. The US welfare state made it a country-wide problem even when it was not, just to appear to be "correcting" Trump's wrongs.
This lack of balanced approach means that the money printing was far beyond what would have been prudent. Now you never know that whether this was a mistake or an intentional action. US governments have used wars as excuse to raise money, maybe this time it was the pandemic. What is quite clear is that with all that money, almost every economy in the world has an influx of investment money looking for returns. If the economies can continue to perform, that money will be well spent and certain parts of the world as well as parts of the US may receive benefits. But can you defy the economic cycle set into motion with high inflation?
You probably can. High inflation is generally a push for investments. US has led the world into most of the technological revolutions, which have inevitably been money-fuelled. With the shift towards Electric, Automation, Space (even Mars exploration), this can well again be a time of high growth for the world's largest economy.
For once, i wish that Americans would stop being the bickering pussies they have become since 9/11. Its like these little effeminate kids bickering about Al-qaeda, bickering about their leaders, bickering about China and never really being able to come together to show the character they showed at the times of WW-II, Apollo missions and the computer revolution. From being inventors, explorers and go-getters, they have turned into these little bunch of teenagers stuck between old men like Biden and Trump. For the sake of everyone, Americans really should stop throwing airs and heroic CGIs in the form of DC/ Marvel universe and actually go back to figure out what actually made that country great. And make no mistakes, the USA IS a great nation. Its just that it has never had so many bickering pussies calling the shots at the same time. Blame youtube, facebook or whatever, but those people really need to dig deep and find their ideals back. Or else be pushed back to the status of being the largest producers of porn and stupid Tiktoks on Chinese apps.
Thank you for representing my thoughts with the words you gave. Well, this is how we are as one of the people who in the end are only struggling to be able to rise from the severity of the lockdown that has used all private land in order to survive. there is no solution that the higher-ups really offer other than a promotional offer from the drug business.
We pay for every stage 1 to stage 3 vaccination without exception with ongoing support. Never felt that this would be finished until the end of the year. We want all access to open immediately, we are at rock bottom and can't do much more than save families into isolation shelters.
The crisis is actually on the people, not on inflation, nor is it a loss for the high-ranking officials who manage the country. We are only victims of the ferocity of the rules which only make excuses for the sake of security and economic stability.
