Have you noticed that according to Democrats, everything they want will solve all of America’s problems. Pete Buttigieg actually went on T...
Have you noticed that according to Democrats, everything they want will solve all of America’s problems.
Pete Buttigieg actually went on TV and said that passing the Democrats’ massive spending measures will slow the rise of inflation.
Where did Pete learn math? This makes absolutely no sense.
Breitbart News reported:
Buttigieg: Passing Spending Bills ‘Important’ to Reduce Inflation
Friday on MSNBC’s “Stephanie Ruhle Reports,” Transportation Secretary Pete Buttigieg claimed passing President Joe Biden’s Build Back Better agenda was “important” in reducing the rising inflation.
According to Buttigieg, “putting more money in people’s pockets” can help Americans pay for things like childcare and schooling as oil prices are on the rise.
“[T] here’s a technical issue over whether it’s considered structural or whether it’s considered temporary, but when it’s hitting your grocery bill, that’s not temporary. That’s just your life. That’s your budget,” Buttigieg outlined. “And Americans are feeling that in a lot of different ways.”
“It’s one of the reasons why it’s so important to move this legislation through,” he added.
Here’s the video:
.@PeteButtigieg says Biden’s proposed ~$5 trillion in new spending will reverse the inflation crisis pic.twitter.com/oP6v8nSkIQ
— Tom Elliott (@tomselliott) November 5, 2021
“If we can act to reduce the cost that Americans face, the cost of childcare, the cost of schooling, the cost of access to pre-K, just literally putting more money in people’s pockets w/ things like the child tax credit … that’s something that can help”
— Tom Elliott (@tomselliott) November 5, 2021
Stupidity is all one can say about Buttigieg's statement.
Borrowing more money and flooding it into the system:
1) makes every dollar worth less (causing inflation)
2) rapid increase in demand with all the dollars (causes inflation)
3) Short supply of products (causes inflation) https://t.co/T2TLRkiS8r— The Plumb Line (@ThePlumbLine50) November 5, 2021
We can fix inflation with more inflation. Jesus, please stop using Orwell as an instruction manual. https://t.co/BYthcErfbb
— Phathed (@phathead_oz) November 5, 2021
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