school? come on, no such thing. but are the doj. mandatory covid vaccines don t how she work? please, you are just imagining it. you must be in anti-vaxxer. and so on. they do this with everything, because it almost always works. you may be the injured party and whatever disaster they ve managed to cook up, but by the time the washington post gets done explaining it, you are a criminal for noticing it happened. it is very effective. unfortunately for them, it doesn t work with inflation. inflation is just too obvious to deny. everyone knows when the prices go up, because everybody go shopping. so when you get inflation, you are stuck with it. leaders know this, obviously, so their first move when we got inflation was to reassure thus there was nothing to worry about because actually, inflation is a good thing. we have been longing for inflation. and thank god we finally got it. america needs higher, longer-lasting inflation. [laughs] when that didn t work, because it was ne
saying that tax increases are not even be discussed at this point. that was a big moment present going into these negotiations, saying any deal had includes discussion of new revenues. remember, his budget proposal that he put out previously would cut the deficit over three years by 5.3 trillion dollars, mainly by raising taxes on the wealthy and corporations. if that s on the table, presumably he will ask for something in return. we don t know how much is on the table or not on the table, as you say, steph, we hear things from sources at various points. it does not sound like he s on the table, but he s going to demand something presumably in a turn. two ali s point, that means biden has his own base politics to worry about. because just as chemically is willing to make sure republicans are going to go along with a compromise he makes, present biden needs to make sure the democrats, particularly progressive wing, are going to go along. the compromise he will have to make, they re not
americans by 5.3 trillion over the same period so his deficit reduction is smaller than the republicans but if you look at this last chart here, what you ll see is that the republican savings are in the early years biden catches up and by the end biden reduces the deficit by slightly more than trump when you get to the out years. we shouldn t there is the problem. that is our growing deficit without doing something and both of them are trying to do something but as you alluded to, the something is very different. coming up next, donald trump s comment comment at the l last night where he suggests he would bring back his policy to separate migrant children from their parents if he s elected again. their parents if he s elected again. so diabetes, this changes things, huh? hey, a lot of people in your corner including walgreens. but do i have to give up sweets? if you work out a diet plan, nothing is off limits. you dropped it! i don t know if i can afford all these prescriptions.
ten years. trillion dollars, excuse me, it should be a t. but he wants to raise money on mostly business and wealthy americans by $5.3 trillion over the same period. his deficit reduction is smaller than the republicans. if you look at the last chart here, what you ll see is that the republican savings are in the early years. biden catches up. by the end, biden actually reduces the deficit by slightly more than trump when you get out here. look, we shouldn t kid ourselves, we do have a deficit problem. the problem is the growing deficit without doing something. both of them are trying to do something. but as you eluded to, the something is very different. steve, of course, if you cut 50% of 11% of the budget, those cuts would be absolutely catastrophic. what that would, do of course, would make getting on a plane far more dangerous.
faults, did not cause inflation in the united states. the people who run our economy in the u.s. government caused inflation in the united states. and they did at the old fashion way by printing a ton of money very quickly and that currency is printing a ton of money very quickly, always does. the way this is measured as the data set that the federal reserve uses to measure money supply. our money supply is not just going up, our money supply is going up faster than it ever has in american history. it stands at more than $22 trillion. for reference, on february 3rd 2020, it was at 15.3 trillion. if you don t have a calculator handy, a 43% jump in our nation s money supply in just over two years. so what is the result? the result is predictable and obvious. inflation is going much faster then say, europe, where they didn t spend so much on stimulus. none of this is his fault, this