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Comments by "" (@Cornpop-was-an-orange-dude103) on "How Inflation Reduces Inflation" video.
And yet you don't understand the laffer curve or why DNC policies is the reason big companies donate for write offs instead of pay federal taxes. In short, if taxes too high, companies will donate for write offs instead of pay federal taxes legally because it's cheaper on their bottom line. Lowering taxes below the laffer curve is how you make companies pay their taxes.
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@christopheroshaughnessy4220 great observation. If CPI was calculated the same today as then, our inflation exceeds 15%. Corruption gerrymanders the parameters of the math over the years.
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Wouldn't have to raise the wages if there was no inflation in the first place...
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@StyxTBuferd remember when Obama "closed loopholes" and Ford upped and Fn left America? That mentality is why Ford is in Mexico today. If you push any harder, the companies will leave just like the people FLEEING California. You can not force people to work for America. They will pack their shyt and leave. Play ball or be a Fn libtard. The world is not what the president says. We do not live under dictatorship and the government better learn to play ball again.
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@cfrey1988 the average IQ in America is 100 which means ~165 million Americans have an IQ of 99 or less. They are know as leftist.
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I'm sure the DNC would love Dildo Packman for blatantly lying and shilling for a racist potato with zero integrity whatsoever. Truly the calling card of DNC material.
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Good theory but here is a simpler and more accurate one. Corruption and greed will continue to exist and there is no reason Biden wants to lower prices because higher prices generate more tax revenue. Trump achieved 100% oil energy independence for the first time since the 70's in one presidential term. You can keep lying to yourself and others or you can accept the reality that Biden is the most powerful and influential man on the planet as president and if anyone can affect prices it is him.
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Is that why todays dollar has 1/4th the spending power it had in the 60's? I could of swore morons across the world are dumb enough to believe financial hardships (inflation) is a good thing because a media mocking bird said so.
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It's because your dollar and every other currency in the world is based on the USD. If America inflates then so do you. It is Biden's fault and dont let the media tell you elsewise.
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@jimohara could you imagine simping for a racist potato who Fd over women globally, cause three humanity crisis and let children be used as immigration tokens and left for dead in our deserts? You do realize BLM only exist in response to the 1994 crime bill Biden personally wrote? A Biden supporter is a racist women hater as far as I am concerned. "We already have a N major, we don't need any more N big shots" ~Biden 1985
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Inflation causes more tax revenue. If you are paying twice as much for your goods, then you are also paying twice as much federal tax.
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@Bash70 yep... it has nothing to do with the fact Biden spent more money in his first year as president than Trump spent over 4.
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@AdamBladeTaylor how about invoke the 25th on the racist potato with two brain removal surgeries for aneurysms that cause the global inflation? The entire world's economy is based on the USD. If America inflates then so does the rest of the world.
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@Bash70 So.. Trump saved American infrastructure by bailing out the corporate cornerstones of America as the world was in a state of sink or swim? America could have easily collapsed all together when the world shut down. Whatever Trump did worked. And what makes that any different than Obama bailing out companies without a global shut down?
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@Bootyman69 cut goverment spending so our tax revenue exceeds our national spending thus reducing our debt and increasing the value of the USD driving prices back down. This is economics 101ffs... if your liberal "friend" is trying to explain economics, you can bet your bottom dollar they are completely wrong.
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@Bootyman69 it's very simple. If the tax revenue exceeds the federal spending, our debt decreases witch directly affects the value of our dollar positively. If our dollar deflates, so does the entire world's economy because all currency in the world is based off the USD because America is the world reserve currency. If the world reserve is Fd, so is the world. The root of all these problems is because of America and the racist potato at the wheel.
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@Bootyman69 that was coat tails of Regan's spending during the cold war. Reagan cut federal spending exceptionally which lead to more military funding. This was still a considerable addition to the federal debt as the war exceeded the difference Regan created but once the war was over, Bush did little with it... or whatsoever for that matter and Clinton took credit just like Biden takes credit for the vaccine.
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@Matt Stewart cut federal spending like Regan did so our tax revenue exceeds or federal spending which lowers our debt and positively affects the USD. Regan still added debt to the nation but that's because the cold war exceeded the difference he made. Not because it didn't make a difference.
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