Cut taxes, spending and regulation -- the same things you'd always do...
...to enhance the power of capitalism, kickstart the economy and boost asset values. That's the only way out longer-term, and it's not complicated. Instead, the Biden admin is pushing for higher taxes, has increased regulation and wants more spending.
You have a valid point that a lot of what we are experiencing today -- particularly inflation and supply chain issues -- was baked in the cake due to the idiocy of the (allegedly) COVID-related policy unleashed in many states and in many countries around the world, but everyone in the Biden admin favored all of that and more, so they don't get to skate. Further, the admin made things worse with the stimulus package passed last year, and tried to double down with BBB, only to (thankfully) fail.
As I've noted before, it's ultimately worked out pretty well for the right to have had Biden installed as president last year to take the fall for what's unfolded. Sweet, sweet karma. The Congress beginning early next year will look much more favorable than had Trump still been in office.
[Post edited by Los Angeles Hoo at 05/19/2022 10:31AM]
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In response to this post by CMUHoo)
Posted: 05/19/2022 at 10:28AM