Forced gummint shutdowns were unnecessary and wasteful
Posted on: July 19, 2022 at 10:55:41 CT
Spanky KU
Posts:
141009
Member For:
20.21 yrs
Level:
User
M.O.B. Votes:
0
There is zero indication that the CARES Act contributed to inflation above the 3% target already in place by the Fed.
ARPA has been blamed for an additional 2-4% and Ukraine invasion for an additional 1-2% of inflation.... remove ARPA and we are at 5% inflation.. remove ARPA and Ukraine (few believe Russia would have invaded under Trump) and we are at the planned 2-3% annual inflation rate