Narrator: THIS ISN'T THE FLOOR.
They are deluding themselves. Remember my motto:
THINGS CAN AND PROBABLY WILL GET WORSE.
They are deluding themselves. Remember my motto:
THINGS CAN AND PROBABLY WILL GET WORSE.
https://twitter.com/seungminkim/status/1460232423699103747
Maybe Biden rebounds because he had good policy, or gets good news, or whatever.
But you'd have to be insane to think they can't go lower. They can...if they remain incompetent.
Frankly, I think if he spends his capital on BBB passage, he is going to be in big trouble.
But you'd have to be insane to think they can't go lower. They can...if they remain incompetent.
Frankly, I think if he spends his capital on BBB passage, he is going to be in big trouble.
This is really the problem. And a lot of Americans may not understand economics all that well, but they do understand this: if you spend more, inflation goes up.
forbes.com/sites/johntamn…
forbes.com/sites/johntamn…
America has lots of problems...but most of the BBB is tackling problems Americans DO NOT HAVE.
realclearmarkets.com/articles/2021/…
realclearmarkets.com/articles/2021/…
And short term, nothing useful is being done (and maybe its impossible) to solve this.
arstechnica.com/gadgets/2021/1…
arstechnica.com/gadgets/2021/1…
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