this post was submitted on 27 Nov 2023
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Mildly Infuriating
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Just wait until you learn who cranked the interest rates down to nothing and handed a bunch of free money to the rich at a time when supply chains were almost completely shut down during the pandemic...
I feel like that doesn't get discussed enough. The supplements provided under trump hindered way more than they helped. Might I remind you that those were promised and then delayed because Trump wanted his fucking name printed on the checks. Outside of that, the paycheck protection program was a disaster! So many companies took advantage of that while shitting all over the employees that that was supposed to help. All the while, mom and pop shops and other local places got shafted because the mega corporations tapped the fund. Then it all got forgiven?? You've got what is essentially neutered unemployment benefits performed solely to act as a clout grab, and you've got hyper inflation into the absolute wrong end of the scale of where it should go. More people focus on the former instead of the latter like the latter never happened.
Everyone knows it was all bullshit but try to remember nearly every day of all four years of Trump's presidency, and months prior campaigning, were filled to the brim with bullshit. Many people, myself included, just gave up on politics for a while after he lost to Biden just to try and stay mildly sane.
Obviously that was Obama.
Thanks Obama
Donald Trump shut down the entire American economy by force, while printing trillions of new dollars into existence. Trump ruined the American economy, and likely started WW3 in the process.
Wait until you hear that Biden kept the guy that cranked down those interest rates, the same one that now has interest rates for homes in the upper 8%. Then kept those tax cuts for the rich, while pretending the inflation was due to supply chain issues and not capitalist greed.
Which guy is that?
Jerome Powell