What will Kamalanomics look like?

[ajax18]

Nicole Hannah-Jones says the quiet part out loud, the part that the Democratic socialist machine fears Kamala might let out before November 8, 2024. Hence her refusal to answer any questions about her future economic policy.

“You know what Covid taught me? That we have enough. For everybody. Overnight we printed $6 Trillion. We had universal health care. We had universal basic income. Covid proved it’s possible.” - Nikole Hannah-Jones

No work required. The government just electronically deposits the money in your bank account and true to Keynesian economics printing money lifts all boats into an era of prosperity. Gadianton do you still believe that printing money didn't cause inflation? Supply chain issues right? Putin's fault?

So how much will a dollar be worth after four more years of these people being in power? Multiply the inflation of the last four years by at least two or maybe more. The truth is that she like Veritas believes that inflation is a good thing for working people. The same steaks that cost $20 four years ago should cost $50 because we shouldn't be eating red meat anyway. Eggs should cost $10/dozen instead of $3/dozen. We need to be eating bugs because it helps stop climate change and preserves wildlife habitat.

[drumdude]

Probably similar to Trumpanomics

Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years

The “King of Debt” promised to reduce the national debt — then his tax cuts made it surge. Add in the pandemic, and he oversaw the third-biggest deficit increase of any president.

https://www.propublica.org/article/national-debt-Trump


Maybe the US should follow the Trump playbook, declare bankruptcy, and leave all its creditors in the dust. It worked to make Trump rich.

[Moksha]

Image of DementedDonaldomics

[Gadianton]

Nicole Hannah-Jones says the quiet part out loud, the part that the Democratic socialist machine fears Kamala might let out before November 8, 2024. Hence her refusal to answer any questions about her future economic policy.

“You know what Covid taught me? That we have enough. For everybody. Overnight we printed $6 Trillion. We had universal health care. We had universal basic income. Covid proved it’s possible.” - Nikole Hannah-Jones

She's free to believe what she wants. Unless there's a Democrat version of project 2025 and this Jones person has a cabinet spot waiting for her then who cares?

No work required. The government just electronically deposits the money in your bank account and true to Keynesian economics printing money lifts all boats into an era of prosperity. Gadianton do you still believe that printing money didn't cause inflation? Supply chain issues right? Putin's fault?

https://www.bls.gov/opub/mlr/2023/beyon ... r-2020.htm

So, from this research, the authors find that three main components explain the rise in inflation since 2020: volatility of energy prices, backlogs of work orders for goods and service caused by supply chain issues due to COVID-19, and price changes in the auto-related industries.

You don't strike me as any better informed than Jones; just the opposite ideology. I'm not saying this particular cited study is the definitive study, but it's a serious attempt to understand the situation, unlike you and Jones who are on the same level of culture waring without substance. And I have to laugh, as the "6 trillion printed overnight" was on Trump's watch and he signed the checks -- insisted on it!



https://www.longtermtrends.net/m2-money ... inflation/

That black line is the growth rate of M2, and the red line is the inflation rate. So despite all the alleged "money printing" Biden has done in the last four years, the M2 growth rate as of July is --- wait for it --- zero percent. lol.

So how much will a dollar be worth after four more years of these people being in power? Multiply the inflation of the last four years by at least two or maybe more.

Why would I do that? Where do you get that math from? Sounds like more right-wing nonsense to me.

The truth is that she like Veritas believes that inflation is a good thing for working people...

Um, pretty much all economists believe some inflation is a good thing for the economy. That's why there is a target inflation rate vs. a target deflation rate. Trump has already indicated he'll use his powers as president to coerce the Fed -- to lower rates (as he did last time), which will be inflationary.

[ajax18]

“You know what Covid taught me? That we have enough. For everybody. Overnight we printed $6 Trillion. We had universal health care. We had universal basic income. Covid proved it’s possible.” - Nikole Hannah-Jones

She's free to believe what she wants. Unless there's a Democrat version of project 2025 and this Jones person has a cabinet spot waiting for her then who cares?

These are Kamala's values. It's the view of the hard left. The hard left Marxist have governed through the corpse Joe Biden, who successfully passed himself of as a moderate Democrat by hiding in his basement for the 2020 campaign. Kamala Harris believes the same things as hard leftist like Nicole Hannah Jones, author of the 1619 project. Those are her values that she and the Democrat machine believe in. That's why they're hiding her and trying to keep her quiet. It's just that Nicole Hannah Jones is the only one foolish enough to say it out loud. Did it work? Did printing $6 trillion over night make plenty of money from everyone? Of course not. Communism never works. But amazingly, failure never seems to tarnish communisms mass appeal. It is astonishing to me.

[Chap]

The hard left Marxist have governed through [...] Joe Biden

I don't think you would know what a Marxist was if one bit you in a sensitive place.

[Doctor CamNC4Me]

.

Trump, not Biden, wanted to invite the Taliban to Camp David on the anniversary of 9/11.

- Doc

[Gadianton]

These are Kamala's values. It's the view of the hard left. The hard left Marxist have governed through the corpse Joe Biden, who successfully passed himself of as a moderate Democrat by hiding in his basement for the 2020 campaign.

You really never shut up, do you? You asked for a projection of inflation based on the only factor you're willing to consider, "money printing" over the Biden years, I showed you a graph, and you ignore the whole thing. You're very disrespectful in your own pitiful way. You don't resort to name calling, but your willful ignorance and unwillingness to engage in "reasoning," which is what you complained about in the other post, -- you told me I can't be reasoned with -- is exceptionally rude. You're a rude, ignorant person. And it's all willful because you have the native capacity to do better.

Kamala Harris believes the same things as hard leftist like Nicole Hannah Jones, author of the 1619 project. Those are her values that she and the Democrat machine believe in.

Repeating it over and over it doesn't make it true. Trump's support of project 2025 is well documented, in his own words, over and over, and that's why that gets repeated.

That's why they're hiding her and trying to keep her quiet.

You're back to the 9-year old cryfest. Nobody cares. Don't tell me I'm unwilling to reason when it is you who has no interest in actual facts. If you want to cry, then cry, but don't accuse other people of being unable to reason. Heal they own eye first, optometrist.

[ajax18]

That black line is the growth rate of M2, and the red line is the inflation rate. So despite all the alleged "money printing" Biden has done in the last four years, the M2 growth rate as of July is --- wait for it --- zero percent. lol.

Ok let me try to be more respectful. Let me ask you this. In your opinion did we print $6 trillion or not?

And why does the steak I used to buy for $20 now cost $50 in your opinion?

[drumdude]

That black line is the growth rate of M2, and the red line is the inflation rate. So despite all the alleged "money printing" Biden has done in the last four years, the M2 growth rate as of July is --- wait for it --- zero percent. lol.

Ok let me try to be more respectful. Let me ask you this. In your opinion did we print $6 trillion or not?

And why does the steak I used to buy for $20 now cost $50 in your opinion?

I like to call it Trumpflation

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