The New CS Board

[jumanji0881]

Will huge spending Build Back Biden? Not a chance : https://www.msn.com/en-us/news/opinion/will-huge-spending-build-back-biden-not-a-chance/ar-AARL4XC?ocid=msedgntp

My Comment : On the inflation front, the Fed has to also contend with demographics as baby boomers retire and there will be a shortage of workers which will mean higher labor costs.

Excerpts:
Why are people so indifferent to Biden’s largesse? Because they think, rightly, that the trillions spent over the past two years in government handouts have driven up prices; even some liberal economists like Jason Furman and Larry Summers agree.

They are also worried that Biden’s Build Back Better bill will only make matters worse, despite Biden’s non-credible assertions to the contrary. Sadly, voters no longer trust our president, in part because his declarations about BBB are so nonsensical.