Thank you, Mr. Biden. But to be fair, he's doing great on inflation and reining in fed spending. [SARC]

Yeah I saw them brag that inflation last month wasn't as bad as November .

Quote:

---

Originally Posted by tomder55

Yeah I saw them brag that inflation last month wasn't as bad as November .

---

That happens to be true.

Don't worry about inflation . Inflation is now good according to the compliant press .

Quote:

---

But on the whole, inflation can actually be a good thing for many working-class Americans — especially those with fixed-rate debt like a 30-year mortgage. That's because wages are going up, which not only empowers workers but also gives them more money to pay down debt. Plus, in the case of a mortgage, your monthly payment will be the same but your house will increase in value.
And many of the people taking a bath when prices rise are higher-net-worth people who hold the vast majority of government bonds.


The trouble is, you're not going to feel the upside immediately.

---

Brings back memories

Watch Saturday Night Live Highlight: Jimmy Carter on Inflation Cold Open - NBC.com



Why inflation can actually be good for everyday Americans and bad for rich people - CNN

Quote:

---

Originally Posted by tomder55

Don't worry about inflation . Inflation is now good according to the compliant press .

---

And according to economists depending on the circumstances. And depending on the rate. A certain moderate rate can be good.

SNL has often put on brilliant social commentary skits.

Your "compliant press" is a misnomer. Just a piece of bias since it tells the truth which is increasingly going against the republican idea of government. The press is one of the most powerful shields we have against a bad government.

moderate rate

not the highest rate in over 40 years .

I have noticed one thing held in common by both the hard core Trump and Biden supporters. They cannot bring themselves to say a negative word about their pres. So the highest inflation rate in 40 years can be dismissed as merely being moderate.

I suspect we ain't seen nothin yet. It could get into the "high-moderate" range before much longer.

Inflation can be managed. Not like it was a surprise to anybody.

At the highest in forty years, is it being managed now?

A predictable spike and yes will be managed like the last spike. Don't panic. At least the dufus ain't in the WH no more.

Average inflation with Trump was considerably below what we have now as was unemployment. I thought you like management?