Inflation Accuracy

Federal officials and economists have proven they can’t project inflation accurately based on public policy, and that they won’t even acknowledge what it is when we’re faced with historic levels of it, based on public policy. Federal officials have proven they can’t project recession risk accurately and refuse to even acknowledge one when we’re in it. You would have to be stuck on stupid to believe anything, and I do mean anything, pertaining to the economic projections regarding the impact of the Manchin-Schumer plan. It’s the same people involved. What’s more, in today’s Q&A, I’ll explain why it’s not only not the case that economic benefit won’t be derived, but how it’s you. Yes – you, the employee of companies who will get stuck with the sharpest end of the stick. Senator Joe Manchin is full of it. What his deal with Schumer would do is hurt employees of publicly traded companies – not close loopholes. What gets hit hardest – stock incentive plans – over three-quarters of which are issued to rank-and-file employees. Do stupid things and win stupid prizes. That’s where we are and the policy being advanced is but the latest proposed failure which will further screw you if it goes through. It takes some kind of audacity to enact failed public policy creating 41-year high inflation – which is lied about. A recession – which is lied about. And then to peddle what would be more failed public policy which directly hurts employees dealing with the 41-year high inflation rate they created which resulted in the recession they deny.