Author Topic: Harris Co-Chair: Inflation Is Result of ‘Slow’ Post-COVID Recovery, Not Harris  (Read 549 times)

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Harris Co-Chair: Inflation Is Result of ‘Slow’ Post-COVID Recovery, Not Harris

Ian Hanchett 14 Aug 2024

On Wednesday’s “CNN News Central,” Harris-Walz Campaign Co-Chair Sen. Chris Coons (D-DE) stated that inflation “resulted from our recovery” from the pandemic, a recovery that has been “slow and long and difficult” and the inflation isn’t the fault of 2024 Democratic presidential candidate Vice President Kamala Harris.

After Coons cited positive numbers on the economy and said the economic numbers are “generally very good”, co-host Boris Sanchez asked, “There’s certainly no denying, though, Senator that the cost, for example, of owning and renting a home has gone up, the cost of everyday items has increased, and, for many folks, including…folks that are receiving Social Security, the same dollar for them doesn’t go nearly as far. So, how does she need to craft a different narrative around the economy that incorporates the strain that so many Americans are feeling despite some of the positive numbers you laid out?”

Coons responded, “Well, Boris, first, it’s meeting people where they are, recognizing that the recovery from the badly mishandled pandemic has been slow and long and difficult, reminding people that it’s the former President who badly mishandled that pandemic, that the economic chaos and the job loss that resulted and the high inflation that resulted from our recovery from that pandemic is not her responsibility. But that hearing the ongoing concerns and costs that people, from senior citizens, to young folks trying to get their first apartment or home, she has to have concrete proposals for dealing with housing costs, and she does. The Biden-Harris administration has been working hard at improving the affordability of housing in the United States, and that’s something I expect we’ll hear even more from Vice President Harris about this week and in the weeks ahead.”

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https://www.breitbart.com/clips/2024/08/14/harris-co-chair-inflation-is-result-of-slow-post-covid-recovery-not-harris/
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Driving up energy costs affects EVERYTHING!
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Offline LMAO

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No

Inflation is the result of government expanding the money supply to fund itself

When the government  expands the money supply just to pay interest on the debt, that’s  a major problem

Both Harris and Trump are nipping at the edges of the ultimate root cause of inflation. That’s because to address it in a very serious long-term manner would take away both their abilities to spend us into oblivion


We had to be put into two recessions in the early 1980s in order to reduce the money supply and reign  in inflation
« Last Edit: August 15, 2024, 09:21:00 am by LMAO »
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Offline DefiantMassRINO

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... and who has been in charge of that "slow" recovery?
... and who has flooded the money supply?
... and who has implemented regulations that increase cost and reduce productivity?
... and who has made housing and shelter more expensive by flooding the nation with illegal migrants?


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Driving up energy costs affects EVERYTHING!
And there it is! pointing-up
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