John Delaney 🇺🇸

@JohnDelaney ↗

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Last Checked Feb. 12, 2023

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Sat Nov 05 18:40:09 +0000 2022

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John Delaney 🇺🇸 @JohnDelaney

Let's be honest about why we have inflation: Reason 1: we ran the economy too hot with Trump's unpaid for tax cuts + too much unpaid for covid stimulus + Fed kept rates too low & QE on for too long Reason 2: lingering supply chain issues from shutting down economy That's it! — PolitiTweet.org

Posted Nov. 5, 2022

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John Delaney 🇺🇸 @JohnDelaney

@jonneiderbach Right now it's probably better to raise taxes on the rich and use the money to reduce the deficit. Tax increases used for deficit reduction will be de-inflationary and lead to lower rates. High rates and inflation crush low income Americans. — PolitiTweet.org

Posted Nov. 5, 2022

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John Delaney 🇺🇸 @JohnDelaney

@jonneiderbach We just spent a historic amount on infrastructure, climate, reshoring etc. I wouldn't expect big new spending programs for a while - the bigger risk to struggling Americans in inflation and a recession. not a lack of more spending programs — PolitiTweet.org

Posted Nov. 5, 2022