this post was submitted on 29 Sep 2023
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I felt like I was losing my mind screaming about all the things the government could of been doing during the insane covid era inflation. What Biden could of done instead of cranking up interest rates... but hey gotta turn the screws on all the poverty stricken folks with credit card debt so they can barely afford to live.
could have*
Jesus this place is toxic
Could of not given a fuck less when I read this.
oof that's certainly a way to react to being wrong and having someone provide a friendly correction, they didn't call you a moron or anything
It's almost like there's people who don't care about minor grammatic issues and are annoyed by people who think something hastily typed on a phone needs to be ready for publication.
Yeah, gonna go out on a limb and say that you typing hastily isn't the reason you typed out "could of". Dunno, maybe it's how you responded to being corrected.
Ya, cuz grammatical issues don't happen less often when you type slowly and proof read. You got me I must not know how English good.
I guarantee I type more quickly than you, on every type of input. I have literally never used "could of" because I know it's incorrect.
You're just lazy.
Yes, I am. Glad we cleared that up.
You're a cunt.
Being willfully ignorant isn't the flex you think it is.
Neither is going around correcting minor grammatical issues. It's cute that you think that correcting something hastily typed on a cell phone needs to be corrected for grammar. You must have a rich and fulfilling life to go around grading comments on a internet forum.
Stay mad.
Just strongly believe people who do annoying bullshit need to be told to fuck off more often.
You mean like taking a correction personally? You're acting like I slapped your mother.
They must be having a really bad day. Or they have some trauma from an old English teacher.
Politely correcting spelling and grammar is like telling someone they spilled ketchup on their shirt.
I didn't take it personally. Which is why I think you suck so hard. You would do that to anyone. I know that. It's why you suck. That's the whole point I just made. People need to tell you to fuck off more. You haven't heard it enough.
You did take it personally, but its okay. Sometimes people make mistakes and you need to learn to be okay with receiving the help you clearly need.
*it's
Thank you.
I need tons of help. Just none of it happens to be in grammar on a web forum. None of the help any person that ever lived needs that.
Clearly.
Definitely.
Please get help.
What should they have done instead?
Price controls as mentioned in the post, likely one of the most effective things. Aggressively prosecuting companies for price gauging would also send a clear message. When there's a huge surge of unemployment and companies are making record profits for no reason other than greed there's a lot of things that can be done but they aren't "capitalism" so they're bad.
If we're staying closer to neolibralism than OPs post you seemingly refused to read; winfall tax, uae said tax revenue to provide inflation relief.
What should they of done*
The president doesn't control interest rates (though they'd like to). The federal reserve bank independently decides interest rate changes to fulfill its dual mandate. Arguably, they should have started raising rates sooner, but the belief at the time was that inflation was transitory in nature. The executive branch could have tried to do more, but regulatory capture over the past decades has castrated the government's ability to effectively control business (instead, the inverse is true: business controls government policy). Blaming the corrupt cogs (or, even worse, the "other team") for a broken machine is useless. Instead, lose your mind screaming about all the things your local government should be doing, educate yourself and get involved in local politics, and start changing corrupt policies to rebuild from the bottom up. The other way is never going to happen, so all you'll accomplish there is making yourself hoarse.
If you think the president isn't heavily leaning on the fed and having a strong say in how interest rates go I've got a bridge to sell you.
Early in trump presidency when they should of been drastically cranking up interest rates. They stayed pretty fucking stable because the big orange turd threw a fit about them being raised. Biden could easily exert influence. The fed is way less indepent than it should be.
After 4 years of the fed making poor decisions at Trump's direction, I'm totally fine with Biden being hands off and letting the experts turn the dials