Middle class squeeze

The out-of-control spending in consequence to radical leftist social policy prescriptions, has cause the FED to have to raise interest rates in order to combat inflation. The cure is the same as in the 80's, but with more controls over spending, and far less regulations. We're getting a lot more of both, which is why the economy can't grow. In the meantime, inflation is not being tamed.

In the 80's, supply side economics ended the 70's inflation. Higher interest rates alone will not do the trick. There has to be real economic growth, and these leftist policies are inhibiting that. Were these high rates necessary? They wouldn't have been if Trump's policies remained in effect. It's not for nothing that Biden's policies caused the inflation rate to jump.

Trump cannot bring these to anyone's attention while he is in courts having to defend against phony charges. The charges are needed to keep Trump silent so that the Democrats cannot be held accountable for their mismanagement of the government.

https://t.co/4QrzfxJlEH Comment: High interest rates are putting the squeeze on the middle class. Was the high interest rates necessary?

— BootsandOil (@BootsandO6892) May 14, 2024