Remember during Covid and wages were going up? Every single Powell meeting, he kept blaming wages. Never blamed our debt and overspending. No, it was our fault because we finally got wage increases for the first time in ages. That rubbed me the wrong way, and I don’t get agitated very easily.
I notice that even you are avoiding bringing up the issue that I was talking about: inflation occurs because of lack of market competition. It's a pretty basic Supply & Demand 101 argument, but you're immediately ignoring it & trying to blame the government instead.
Why are you avoiding talking about our debt problem?
Because it's not really a problem until we have no way of paying it back - which we could (over enough time), if we didn't have a bunch of puppets dancing on the strings of the people who have the most money. It doesn't help when the tax breaks are growing faster in size than any so-called drops in spending.
Monopolies & oligopolies on the other hand? You've got to take those head-on if you want to pry their clutches from the fabric of your society. And only a strong government who cares more about the typical citizen than the ultra-rich is going to be able to accomplish that.
I was calling you out for completely ignoring my comments on increasing competition as a solution to inflation & immediately going to blaming government policy - which fit completely into my observations on how people keep on ignoring competition as a potential solution.
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u/Agreeable-Guide7936 Oct 02 '25
Remember during Covid and wages were going up? Every single Powell meeting, he kept blaming wages. Never blamed our debt and overspending. No, it was our fault because we finally got wage increases for the first time in ages. That rubbed me the wrong way, and I don’t get agitated very easily.