this post was submitted on 08 Jul 2024
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I don't know whether or not that is true, but it is meaningless without considering what the other hand has also done in that period. You have to consider the net effect, not pick out isolated examples. Has the rate of wealth disparity growth even stopped increasing under Biden?
I get this. Democrats are not left enough for me but all said and done I would love to live in a world where carter had a second term and a gore administration was running things for the top of the millenium and have hilary over trump and who knows she might have surprised us with some good stuff but at the least we would not have left the paris accords which might have done better with gore and no iraq invasion. maybe we would have had a war on global warming.
So you don't actually know if it's true but you have vague feelings that it's not what you want so therefore it's not true. Ok then.
Can a president realistically control that? They don’t control inflation.
Yes. They can drive party policy goals through presidential policy.
That’s influence, not control. It’s not always effective and parties rarely align.
Semantics.
No. Influence is not guaranteed. Control is. When the question is “why didn’t the president do ____, like they promised?” The answer is often because the opposing party actively voted against it. That’s why it’s a big deal when one party controls all the branches, which is often only for a few years due to midterm elections.
Printing a shitload of money and calling it "inflation reduction" is certainly the wrong way to help.
I agree. Every president back to GWB did. (24 years).
We should burn that amount of money. Which is approximately $19.95 Trillion. Then recoup it from the rich as wealth tax.
That's a shortsighted take that prioritizes punishing rich people over fixing systemic issues.
Fuck. The. Billionaires.