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From: Catrike Ryder <Soloman@old.bikers.org>
Newsgroups: rec.bicycles.tech
Subject: Re: Todays rant
Date: Sun, 01 Dec 2024 17:11:02 -0500
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On Sun, 1 Dec 2024 16:55:50 -0500, Frank Krygowski
<frkrygow@sbcglobal.net> wrote:

>On 11/30/2024 4:13 PM, AMuzi wrote:
>> On 11/30/2024 2:00 PM, Catrike Ryder wrote:
>>> On Sat, 30 Nov 2024 13:11:09 -0500, zen cycle
>>> <funkmasterxx@hotmail.com> wrote:
>>>
>>>>>
>>>>> https://www.usinflationcalculator.com/inflation/current-inflation- 
>>>>> rates/
>>>>
>>>> Yup, a hangover from the trump administration. It took Biden another two
>>>> years to fix it.
>>>>
>>>>>
>>>
>>> Biden was inaugurated on 1/20/21. Inflation was 1.4%. It began going
>>> up as soon as Biden sat down in the oval office and signed 17
>>> executive orders. It was  4% by April, 7% by the end of the year. It
>>> kept going up and didn't hit 9% until Biden had been President for 17
>>> months. Biden owns the inflation.
>>>
>>>
>>> -- 
>>> C'est bon
>>> Soloman
>> 
>> There is an argument that both administrations spent irresponsibly* but 
>> the immediate actions to suppress fuel production and transport had an 
>> immediate and drastic effect.
>
>All the reputable articles I've read say that yes, Biden's stimulus 
>efforts did add some to inflation; and BTW, so did Trump's stimulus 
>checks; but that those causes had far less effect than the COVID 
>pandemic and the invasion of Ukraine.
>
>But I expect that nobody who voted for the Republican ticket will ever 
>agree. As with so many other issues, many people love simplistic 
>answers, especially if they can blame politicians they don't like.

Biden's inflationary policies are only one reason the voters rejected
Democrats. The Democrats ridiculous actions in response to Covid was
another... and those actions also added to inflation.

--
C'est bon
Soloman