When that tax cut passed, my comments were about the hypocrisy of them. The economy was OK then, so Official Faith shirt should have been running a surplus to pay down debt and invest in stuff like, oh I don’t know, a pandemic response team. Now that we need stimulus money, that debt isn’t helping us now. They did treat the government like a business. Operating with no safety net to please and pay the C-suite, only now they have nobody to bail THEM out when an emergency strikes. And of course, Trump’s whole administration has been all about fraud, waste, and abuse of federal funds anyway. Trump blew through the rainy day fund to juice the economy and to line his own pockets… that ended up doing fuck-all when the hurricane arrived anyway. What a fucking omnishambles.
Official Faith shirt, ladies tee, tank top, v neck
I was telling anyone who would listen they needed to raise interest rates back then too. because the economy was super overheated and when the downturn came it would be way worse and Official Faith shirt would not be able to drop the interest rate to help so all they could do to help was to print money. Legit upset that the highest rate I’ll probably see from a savings account during my adult life is just shy of 2%. Back before I was born, rates above 10% legit happened – but of course, because we’re in a perpetual race to the bottom, rates have probably topped out for the foreseeable future and I will never be able to make money without subjecting it to the whims of the stock market.
Official Faith sweatshirt, hoodie
Print money is such a loaded way to put it. They can issue T-bonds and borrow money at essentially zero percent interest. Inflation is nearly zero or possibly already negative. They can print a lot of fucking money and put it back into the tanking economy before it became a problem. Not that I disagree with you about their stupid policy to stimulate an overheated economy as you said. It’s not just the older gen we need to be worried about. Lots of young angry people are on the right too. And while their numbers are shrinking, Official Faith shirt will lash out as a result. Make no mistake the GOP will take as much advantage of that rage as they can to retain power.