08-08-2023, 01:41 PM
To be frank, we were facing a recession or inflation. The policies enacted by the Biden administration and passed by Congress made it so that right now we are not looking at a recession on the horizon. This spring we saw wage growth outpace inflation which shows an evening out after the most recent two years. Unemployment is far lower than it would have been without some of these efforts, and I would happily take a little less spending power over being unemployed.
There were global factors at play that were driving out economy and our government did what they could to soften the blow. They succeeded but the economic effects still impacted us because they were an inevitability. But, since the majority of people don't understand counterfactuals and have a hard time conceptualizing them we get some of the viewpoints in this thread.
There were global factors at play that were driving out economy and our government did what they could to soften the blow. They succeeded but the economic effects still impacted us because they were an inevitability. But, since the majority of people don't understand counterfactuals and have a hard time conceptualizing them we get some of the viewpoints in this thread.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
