President Biden's Inflationary Budget Deficits skyrocket 77% with 459 billion printed into the deficit in just 4 months (unemployment rate, conspiracy)
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They have raised interest rates, but what good does that do to contain inflation when Biden's government had 459 billion dollar deficits in just 4 months up 77% from last year.
No wonder the inflation is surging out of control, they printed 459 billion dollars out of thin-air in the last 4 months.
This tremendous amount of money printing that is up 77% compared to last year will just cause more and more inflation because they are spending so much more fiat money than they are collecting via tax revenues.
Tremendous, that they had such a massive budget deficit when many had a tsunami of quarterly capital gains taxes and with so many workers paying taxes with unemployment rates supposedly being so low.
Budget deficit already at 459 billion, compared to 259 billion last fiscal year.
But … but … good ol’ Uncle Joe and his band of merry “adults in the room” tell us that the state of the union AND the state of the economy is strong. BOOMING, in fact. Surely, this information is just a “conspiracy theory” as everything is awesome!
Besides, the Inflation Reduction Act, the best ‘climate’ bill ever, will fix all of this.
It seems government has become the largest for profit corporation in America.
Yet somehow, while perpetually in the red; they manage to stay in business...by raping taxpayers.
If only it was just 2....economies around the World would collapse if we stopped sending them money.
The USA is one of the few countries that would survive just fine if the global economy were to collapse. The USA produces plenty of food. The USA has ample reserves of vital commodities, particularly oil, natural gas, coal, lumber, etc. Fat, warm (cool in the summer) and happy. The rest of the world, not so much.
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