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by kombucha13
1468 days ago
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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. |
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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.