Inflation

New York City NY

Description

In the short term, economic pain. Americans' real wages [wage gains minus inflation] have declined for 17 straight months. In the long term, it could get a lot worse. Our inflation problem began back in March of 2021 when Biden spent $1.9 trillion on the 'American Rescue Plan'. You can't just print new money and expect nothing to happen. But Biden hasn't learned from his mistakes. Last month alone he spent another $740 billion on the aforementioned 'Inflation Reduction Act' and is planning to spend another $1 trillion on student debt cancellation. Inflation is never going to come down if the government keeps spending money that we don't have. November is Coming Vote