Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

modrepub

(4,039 posts)
4. Jokes On The Voters
Wed Jun 29, 2022, 05:34 PM
Jun 2022

Politicians can't do anything about the economy (in the short term). In reality, the Fed has pretty much been taken over by politicians who want low interest rates and easy monetary terms to seemingly keep the good times going forever.

The problem is cheap and abundant money fuels speculation and asset inflation. Spectacular crashes ensue and the big money people (and businesses) get government bail outs. And the cycle repeats.

TBH, who knows what November holds. And for better or worse, politicians rarely do anything unless they actually have to.

Recommendations

0 members have recommended this reply (displayed in chronological order):

tag for later Fullduplexxx Jun 2022 #1
voters won't care in NOv., whoever is in office owns it. potential bad news nt msongs Jun 2022 #2
An astute review of reality n/t gladium et scutum Jun 2022 #3
Jokes On The Voters modrepub Jun 2022 #4
Latest Discussions»Editorials & Other Articles»Biden Isn't to Blame for ...»Reply #4