"Worries that the plan will ignite undesirably high inflation and an overheating economy are overdone," Mark Zandi, the chief economist at Moody's Analytics, wrote in the report released Wednesday.Why inflation may not go away anytime soonThe analysis, first reported by Axios, pushes back on one of the main attack lines against Biden's ambitious agenda at a time when Americans are getting hit by prices rising at the fastest pace since 2008.
Indeed, economists, including Zandi, have told CNN Business that Biden's Build Back Better Agenda is unlikely to cause inflationary problems because it is largely focused on adding much-needed supply, not boosting demand. Crucially, Moody's Analytics notes that the Biden plan does not call for enormous deficit spending that could boost inflation.
BUT TRUMPS DID AND THAT ONE THING WAS THAT TAX CUT TO THE 1% WEALTHIEST IN AMERICA COST OVER A $$$ TRILLION 💯%❓✔👌 ⬇⬇⬇ $❓$❓$ YES OVER A TRILLION $❓$❓$
Yea it's already here !! Thanks Biden !! FAIL
Damned right!
Wow, yeah thats a load of horse shit
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