Re:The 'white-collar bloodbath' is all part of the AI hype m...
by larrled on Saturday May 31, 2025 @08:08AM
(#44143707)
Biden credited the inflation to Putin, claiming that 70% was due to Putin’s price hikes.
That was not entirely true.
Trump’s pandemic spending (lockdowns, vaccines…), and subsequently Biden’s, but most importantly the curiously named Inflation Reduction Act were obvious drivers. You can’t stimulate an already overheated economy to the tune of 2 trillion without getting Larry Summers a bit worked up.
That was not entirely true.
Trump’s pandemic spending (lockdowns, vaccines…), and subsequently Biden’s, but most importantly the curiously named Inflation Reduction Act were obvious drivers. You can’t stimulate an already overheated economy to the tune of 2 trillion without getting Larry Summers a bit worked up.