John Delaney 🇺🇸

@JohnDelaney ↗

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Last Checked Aug. 28, 2022

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Thu Jun 02 15:13:39 +0000 2022

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John Delaney 🇺🇸 @JohnDelaney

Reducing inflation generally is overwhelmingly under the control of the Federal Reserve through monetary policy. Elected officials can do VERY little to reduce inflation generally other than tweaks to specific supply chain issues that only impact individual components. — PolitiTweet.org

Posted June 2, 2022

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John Delaney 🇺🇸 @JohnDelaney

There is an interesting fiscal dynamic occurring where state budgets are flush with surpluses, in part due to Federal aid to states (which aid created large federal deficits). Many states are using that money for various kinds of relief, which creates more inflationary pressures. — PolitiTweet.org

Posted June 2, 2022

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John Delaney 🇺🇸 @JohnDelaney

@Pace_Super7 The Fed "reacts" to either high unemployment or high inflation - that's its mandate. If you believe excess spending is contributing to inflation (which it is), that spending was done by the current and prior administrations in equal measure, or perhaps you missed that. — PolitiTweet.org

Posted June 2, 2022