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Wide_Television_7074 t1_iugru6b wrote

Reply to comment by WrongdoerClean7529 in Losing my house because of Inflation… thanks Uncle Joe by Zealousideal_Walk515

If Biden hadn’t constrained oil and gas production; our inflation rate would have been much lower. He also wouldn’t have had to drain the strategic petroleum reserve which will be very harmful next year. He took an energy independent country and made us reliant on foreign frenemies. The stock market is punishing us for those (Joe Biden’s) policies.

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WrongdoerClean7529 t1_iugs3cj wrote

That has nothing to do with the current woes of the stock market or general inflation. The fed is triggering a recession by using monetary policy called quantitative tightening. You’re spouting republican talking points. Read and expand your mind a little.

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Gael459 t1_iuguiuc wrote

Bidens spending bills, and specifically stimulus money, decreased unemployment and increased inflation. It was necessary to some extent but he way overdid it. We should not have been back sub 4% unemployment in a year. A slower more natural recovery would have prevented the rampant inflation, and the fed would not need to raise rates as much.

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