Posted on 04/20/2022 5:07:19 AM PDT by ChicagoConservative27
During an interview with “Pod Save America” on Wednesday released on Tuesday, Sen. Elizabeth Warren (D-MA) said that all the money that the spending in the American Rescue Plan put into the economy played a role in inflation.
Warren stated, “We got out there, just about a year ago right now, and passed what was called the American Rescue package. And you may remember, it was a lot of money, but it was money that went into vaccines and the — kind of the community health center way of getting distribution out, it was money that went into getting our schools open again and making sure they would have the resources to do that, and it was money that went into small businesses to keep those little businesses open and to keep jobs open, and it worked. People have jobs. And that 7 million figure, that’s not just an abstraction … And yes, putting that money in at the same time that you then turned around and hit shifts in demand because of the pandemic, supply chain kinks because of the pandemic, Putin both driving up the cost of oil and the cost of wheat and soy and other things that are produced in Ukraine, but the other one is watching the giant corporations, particularly where there’s a lot of concentration. These giant corporations said, everyone’s talking about price increases. This, they saw it, was their chance to pass along costs…but to take another dollop on the price scale and just boost their profits. So, we’ve got all these companies that are at record profits, and because of increased concentration, there’s no way to compete those prices back down. So, you’ve got these multiple thread
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Dang. Grey Beaver is really, really smaht.
Psychojewea finally hits the target with her bow and arrow.
Yeah, but she couldn’t resist taking a swipe at ‘big corporations’.
There were a number of reasons for the spike in inflation and the government COVID payments were definitely one of them.
Pump massive amounts of cash into the economy.
Shut down pipelines driving up the cost of fuel.
Open the borders to millions of new government dependants.
All on purpose.
obama’s third term.
Liz googled “inflation” finally I see.
No kidding Pocahontas, in another shocking revelations, she admits she’s a complete and total fraud.
Wonder where she read that, because you know she’s not smart enough to have thought that on her own?
The problem with Pocahontas is, she isn’t stupid, no she’s not as smart as she thinks she is, not by a long shot.. but she isn’t a Kamala Harris who can’t form a cogent thought in her head if she was forced to.
Same is true of AOC, she isn’t flat out stupid. No, again, not remotely as smart as she thinks she is, but she can think.
The problem with them both is they “reason” from a starting place of falsehood, most of the time, and are not even remotely willing to consider that the foundational ideals they are thinking out from could possibly be wrong.
If you start your rationalizations from false premises, you will always wind up with incorrect conclusions... That my friends is the foundation of liberal thought. The fundamental premises that all further thoughts are derived from are false, but you dare not question those foundational premises.. for if you do, you won’t be “liberal” in the modern sense, for long.
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