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Debany Doombringer
Styxhexenhammer666
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Comments by "Debany Doombringer" (@debanydoombringer1385) on "The McCarthy-Biden Debt Deal is PATHETIC And Should be Blocked" video.
@nunereclipsereborn You clearly don't understand his issue with this. It's not that the debt ceiling was raised. It's that they didn't fight and hold their ground against funding the expansion of the IRS. That was the main thing the people want removed because everybody knows it's to push around and intimidate the middle class and has nothing to do with the billionaires. Getting that removed and just letting everything else through would have been a win for regular people.
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@nunereclipsereborn Oh you're just a copy and paste idiot spamming every comment with the same BS. You clearly didn't even watch the video and are just strawmanning and whataboutism. You even spammed your comment twice under this one comment.
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@420bengalfan See that just shows you don't understand the economy. Trump's Covid relief spending (bipartisan I'll add) only added slightly to inflation because he'd already removed a lot of money from circulation. He also was practically begging states to reopen businesses after 3 weeks. I don't care that the government spent money to create a vaccine that other countries also developed. If it was only the US, then maybe but either way, one was going to authorized. At least what's sold to other countries ours gets a cut of it. I care that it was mandated. There are tons of medications that get made every year, but I'm not forced to take it. Styx has criticized Trump lots you'd know that if you watched him during that time period. You're just upset he didn't immediately switch to DeSantis. Edit: The spike in the money supply that everyone points to as this mass printing wasn't a printing at all. It was a redefinition of "in circulation" to include savings and 401ks. It also helped that Trump hadn't held the interest rates artificially low before that happened. That also helped it not add much to inflation. It's massive spending with an artificially suppressed interest rate that leads to mass money printing and inflation. Spending twice as much as previously with an interest rate of zero and it was after most states had opened business back up is the huge difference between the two.
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@420bengalfan To get an even more in depth explanation, Biden's massive bill included an unnecessary handout to the people which exasperated already messed up supply lines creating even more problems in our supply vs demand economy. That drove prices even higher as people searched for stuff to spend that money on. There was no need for a stimulus because there wasn't a supply to compensate for it. Biden then continued to artificially keep the interest rate at zero instead of letting it rise like it should to help pull some the excess money out of circulation. Instead he ignored it and let it keep getting higher until it got to the point it wasn't going to be an easier correction. Had he done that, our cumulative inflation would probably be about half of what it currently is which right now is pushing 30%.
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