[zaccusl]

Why? If Republicans control congress what will be different? Is the US going to be the only country in the world to get inflation under control? Is the GOP that good? What are their solutions (serious question)? Because all I here is "CRT bad" and "don't say gay". I never hear anything proposed to solve any of this.

[adam_arthur]

Well, if a single additional R senator had won in 2020, the ARP wouldn't have passed and inflation at these levels largely wouldn't have occurred to begin with.

Gridlock is the best thing we can get right now. They are still pitching BBB among all of this, which is frankly amazing.

Despite inflation being a horrible political anchor for the Democrats, they have yet to pitch any economically sound policy to combat it. They keep talking about proven to fail economic policies such as price controls, or blaming Russia/Corporate Greed.

[kombucha13]

This really feels like you are ignoring the larger context here. The issues didn't start with the ARP...far from it. The pandemic and Republicans are equally to blame here. Saying that none of this would've happened without the passing of the ARP is very simplistic and probably wrong.

[adam_arthur]

There were many badly designed policies in the 2020 packages too, such as the PPP.

But at least they had the benefit of the doubt that covid was novel and not well understood, and they were compromise packages with both parties involved.

The ARP was passed solely by Democrats a full year after covid lockdowns started, and was quite obviously excessive by any mathematical/fundamental measurement.

The Fed is the most complicit of all, because they had the power to unilaterally pump the breaks at any point, yet did nothing until it was far too late.

You can believe whatever you want, but it's quite obvious how this is going to look to historians.

[TurkishPoptart]

Why are we blaming Republicans here? The ARP cost US taxpayers $1.9 _trillion_. Such spending causes inflation. [1]

[1]https://www.vox.com/23036340/biden-american-rescue-plan-infl...

[kombucha13]

Did you happen to read the article?

In regards to the ARP: "Estimates suggest that fiscal support measures designed to counteract the severity of the pandemic’s economic effect may have contributed to this divergence by raising inflation about 3 percentage points by the end of 2021."

And then Trump: "...because it was enacted after more than $3 trillion had already been spent to stimulate the economy under Trump."

So what is not proper about Trump and Republicans sharing the blame if not shouldering more?....

[QuadmasterXLII]

we knew this was coming well before the 2020 election, look at google trends for ‘money printer go brrr’

[TingPing]

None of that matters. "current situation bad = vote different color" for some.

[TurkishPoptart]

Also it bears mentioning that the president's brain is actively melting, and yet our VP is so undesirable and unlikeable that I don't want anything unfortunate to happen to Biden, or for him to get 25th amendment'd. All I can do is vote for the opposition, and by God this is the first time I'm voting Republican/Independent/Conservative.

[worker_person]

Guessing you get all your GOP news from democrat news sources.

Listen to Ben Shapiro or other view points for awhile to a better perspective. He has been screaming about inflation for awhile now. Really go out on on a limb and read up on Thomas Sowell.

[commandlinefan]

> If Republicans control congress what will be different?

Um, well, a lot will be different, but nothing with regards to gas prices or inflation. And this is coming from somebody with a passionate bordering on maniacal hate for democrats.

[adam_arthur]

US oil companies don't invest in new supply because you can't model a 10y return on your projects when the government could ban/heavily tax them sometime over those next 10 years.

So yes, a Democratic admin that cancels projects and talks about windfall tax on oil company profits does disincentivize new supply and raise the cost of oil/gas.

The net result may be even worse greenhouse gas emissions as poor countries turn to coal as a cheaper alternative to Oil.

The energy transition needs to be responsibly managed... a cold cutover will backfire in a huge way, as I'm sure we'll see in November

[worker_person]

High gas prices is a "GOAL" of Democrats. They see it as a way to get US off fossil fuel.

[dham]

1. Could have solve energy 50 years ago. Thanks Greenpeace

2. Let's all buy a $70,000 electric car. The insurance rate alone would negate any gas savings across a 40 year time frame for most people

[TurkishPoptart]

It's like they are cheering us on to buy Teslas with money we don't have.

[silexia]

Why hatred? I am pretty far right, but I don't hate someone who is far left or moderate or whatever. They just have different opinions than I do. Don't let news media twist your soul in their quest for more clicks.

[mancerayder]

The economy is goods and services produced.

Money is an exchange medium to facilitate exchanging goods and services. Before money, we exchanged things without that medium, I'll give you a goat and you'll give me a haircut. Money is a symbol, a record of sorts, and a grease of sorts, a means to an end (to make it easier to exchange things).

When the government locks the economy down, and prints money, this creates a huge demand (the money given to people and low interest rates handed out, mostly in trickle-down fashion from the top), but the demand doesn't match the goods and services that weren't being produced. Suddenly it's become obvious that things cost more, because there's more money and less things.

The fact that our President just this week called it "Putin's price increases" tells you all you need to do know about the quality of our leadership. Lo and behold, it was not better than the previous leadership, which said equally stupid things.

It might just be that the government (Republican or Democrat) should be legally limited from doing certain things, like racking up debt.

[TurkishPoptart]

> If Republicans control congress what will be different? I don't know, but anything is better than what we're looking at now, so I'm excited about all the protest votes we're going to see. Biden's disapproval rating is about 56% [1], near or worse Trumps was around the same time. That's when Democrats got the majority in the House and Senate, from protest votes against Trump. Since Democrats and the "Biden-Harris administration" are NOT handling control of congress very well, or anything at that matter, the pendulum will swing the other way, as it always has throughout American political history.

[1]: https://projects.fivethirtyeight.com/biden-approval-rating/

Let's elect fiscal conservatives into power. Remember when the Ukraine aid bill was $30B, and then Democrats raised it to $40B? Rand Paul questioned the purpose of this spending, and MSNBC smeared him as a Russia sympathizer. Republicans tend to sometimes care about getting spending under control. But with the state of the economy being directly impacted by inflation, I have more confidence in Republicans to take on this challenge.

[235252352335]

Cheap (fossil fuel) energy.