On the recordJune 22, 2021
I believe it would precipitate a financial crisis. It would threaten the jobs and savings of Americans.
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congress.govI believe it would precipitate a financial crisis. It would threaten the jobs and savings of Americans.
Yellen warns of the catastrophic consequences of defaulting on national debt.
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I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs.
He will oppose any tax increases on families earning under $400,000 at the same time that he will oppose keeping in place benefits that went to the wealthy.
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I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.