"Well, deficit reduction by raising taxes is off the table, so we will find some other way to reduce the deficit"

https://twitter.com/JStein_WaPo/status/1492147773650657285

  • Lovely_sombrero [he/him]
    hexagon
    ·
    edit-2
    3 years ago

    Even in the best case scenario for their plans (where Fed rate hikes and austerity decrease inflation), workers still end up with lower employment and with real wages below the 2019 average. With these assholes in charge, there is no win scenario even on the table.

    And I don't think that this will even work as planned, inflation will probably still be above average even if we intentionally decrease our own GDP. Only used car prices might calm down.