(((tedfrank)))

@tedfrank ↗

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Last Checked Aug. 30, 2022

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Wed Aug 24 11:48:26 +0000 2022

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(((tedfrank))) @tedfrank

Add 0.5% to inflation, or $350 in extra cost for the average household in America, and $2000/year to a new $400,000 mortgage. I know no one cares about the national debt any more, but one day we’re going to have a real emergency and won’t be able to afford it. — PolitiTweet.org

Posted Aug. 24, 2022

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(((tedfrank))) @tedfrank

This is just a helicopter dump of $250 billion (plus tens of billions more in interest forbearance). The amount of goods and services to purchase will remain the same because this doesn’t change production. What do you think happens to prices? — PolitiTweet.org

Posted Aug. 24, 2022

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(((tedfrank))) @tedfrank

We shouldn’t cut capital gains taxes without cutting spending when the inflation rate is 8%, but at least cutting capital gains taxes encourages investment and productivity and improves the economy. Arbitrarily forgiving debt retroactively just encourages moral hazard. — PolitiTweet.org

@tedfrank Are they cutting capital gains taxes again?

Posted Aug. 24, 2022