@NickRiccardi@conorsen@ernietedeschi@DKThomp Probably true.
Either way, someone should probably sit down with the public and explain what deflation really means and how you get there.
Opening the door for a lot of snake oil salesman and disappointment otherwise.
@NickRiccardi@conorsen@ernietedeschi@DKThomp This is the core issue, yes.
The only caveat I’d add is that the deflationary pain is probably tougher on asset owners vs wage earners and people living paycheck to paycheck.
You can do it, but your donors and older folks will all hate it.
@DKThomp For the millionth time:
Democrats cannot do this because inflation is now heavily driven by government spending, which in turn is driven by transfer payments and entitlements.
If you want to deflation, you must cut spending.
Democrats won’t.
So inflation will persist.
@RyanGirdusky I think most dems inherently understand that uncontrolled immigration helps them electorally.
Third world people come here, have a kid, 18 years later that kid has a 70%+ chance to vote Dem.
Obviously, they can’t say this aloud, so it gets couched as some sympathetic bs.
@laralogan It wouldn’t matter even if they were serious.
Lower prices requires deflation, which requires spending cuts.
Democrats will not do that.
So the inflation will persist. The only difference is they’ll just stop talking about it.
@NYCMayor What are they supposed to do with them? NY population declining.
Seems like a good way to incinerate capital for the “community organizations.��
@AuronMacintyre GOP likes being the minority party.
They let Dems drive the agenda and then attach riders in return for their vote to push legislation over the finish line.
It’s an easy way to serve the special interests.
Probably wanted this the whole time.
@CapitalistColts@AndrewDCGE@Squonkistador@RepJeffries Dems seem to have no problem with that when it comes to immigration or a national “path to citizenship”.
But when it comes to ID, they become paragons of states rights.
Seems somewhat inconsistent. Especially for something that supposedly doesn’t matter.
@smithwbrian68@RandPaul It’s hard to even understand where they thought they were going with this.
“Hey we’re the fastest growing state in the country, with so much resource wealth that we can have no income tax. Let’s vote for the other party and see what happens.”