Comments by "David Wong" (@davidwong5197) on "Inflation Still DOGGING Biden’s Reelection: Report" video.

  1.  @jeremyhelbing  Let me show you how inflation is calcuated. A $1 bread is raised by $1 we have a 100% inflation Now the bread is $2 and get another price hike of $1. But now I have an inflation of 50% See I just reduced the inflation by 50%. I should be the president.
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  2. You can have price increase and reduction in inflation at the same time. This is how it work Day1 a loaf of bread cost $1 has a price increasw of $1. Inflation is 100% Day 2. Price increase by $1 again. But inflation is only 50%. See inflation is reduced by 50% but price went up 200%
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  3. We need to reduce spending AND raise tax. 2019 we are still spending too much. We are paying 1.5T just in interest. We cannot be giving Ukraine 100B a year. And Zelensky want us to pay him for 10 years. F that
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  4. You are so wrong. People NEEDS two jobs. So a million jobs is only for 500K people.
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  5. SSI has a surplus. And where did the money go? General spending. By investing in index, you will be cutting off government revenue. There is almost $3T in SSI trust fund. And they will never be repaid or distributed.
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  6. You get your money back when you retire.
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  7.  @mr.saturn7833  Because SSI is indexed by inflation. By not counting them. you reduce SSI payment.
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  8. When your government think low price is bad. You got a problem. When your government think containing China is more important than their citizen's livihood. You got a problem. Trump and Biden both want to increase tariff. What will that do? Inflation. Trump wants to have a 60% tariff. American company see it, we can now increase our price by 50%. We need politicians that actually care about us
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  9. That is what the excuses are. Illegals were here since always, We didn't have problem then. We even have TWO amnesty. Reagan did one in the 80. Why do we have problem now? It is all political gesturing from both side to distract us from the real problem, SPENDING.
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  10. You are just feeling the impact of 2008 right now. US started printing money in 2008. And now you have inflation.
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  11.  @soundmanbk11  TRump caused inflation. Trump will cause even more inflation if elected. What would a tariff of 60% do to an economy?
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  12.  @ikustoo  SSI has almost a $3T balance. What are you talking about? The problem is government stole all that money to pay for $80K trash can and trillion dollar plane.
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  13.  @anthonyrluna3056  Our budget is 7T, our revenue is 4T. Cutting spending or raising tax alone is not gonna do it. biden tax incraese only raise 500B, not gonna do it. Cutting Defense budget by 50%. Not happening. We need to do both. I know I am pissing off both sides. But we need to face reality. there is only one more thing we need to add. No more 80K trash can and defense contracters need to bear the cost of overrun.
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  14. We need TRUE capitalism. US has fake capitalism. It is a communist country for corporation.
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  15.  @mr.saturn7833  Have you heard of Thorium?
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