On: June Inflation Drops to 3%

[alkibiades]

anything biden did (between 3 and 5 trillion extra), was after and on top of trumps spending.

so if trumps 2.2 was bad, what do you think supercharging that was?

it’s like i filled a bathtub 80% and left. and then you come and add 120% of its capacity and overflow it. Then blame me for filling 80%

and btw the context in 2020 was differnt, we had to act and we were unsure about pandemic. biden’s spending was after we had a vaccine and knew the extent

[throwaway72762 → alkibiades]

IRA was about 1.2T in stimulus. Infrastructure was another 1.2T but is going to be spread out over a decade.

[alkibiades → throwaway72762]

ARP was 1.9 https://en.wikipedia.org/wiki/American_Rescue_Plan_Act_of_20...

and then he’s some quite a few other things. even his halting student loans is quite costly. and forgiving them would have been a lot more

[throwaway72762 → alkibiades]

Yes and median real wages are up as a result.