Yes global inflation is running at high rate and fed chairman Powell should have increased interest rates a couple years ago.
Except do you remember what trump did when he tried to increase rates ?
Trump blasted this guy and said rates must stay so low!!
So now here we are with much bigger debt that occurre during trumps presidency !!!
Debt is so big now that higher rates makes it tougher for us to pay the interest on our national debt !!!!
Bidens plan has been to spend on huge improvements badly needed by our infrastructure, education, improved care, and much more that will create a few million new jobs. He’s trying to get this passed and going, but the financial status is making it much harder .
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