this post was submitted on 08 Jul 2024
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I don't know whether or not that is true, but it is meaningless without considering what the other hand has also done in that period. You have to consider the net effect, not pick out isolated examples. Has the rate of wealth disparity growth even stopped increasing under Biden?
Can a president realistically control that? They don’t control inflation.
Printing a shitload of money and calling it "inflation reduction" is certainly the wrong way to help.
I agree. Every president back to GWB did. (24 years).
We should burn that amount of money. Which is approximately $19.95 Trillion. Then recoup it from the rich as wealth tax.
That's a shortsighted take that prioritizes punishing rich people over fixing systemic issues.
Fuck. The. Billionaires.
Don't let it make you support bad policies.
It’s not bad policy.