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Fmr. Obama Treasury Counselor Rattner:
Omnibus, Like Most Fiscal Policy, ‘Going
the Wrong Way’ on Inflation and Will
Make It Worse

Original Article

Posted By: Black Conservative Voice, 12/25/2022 6:50:54 AM

On Friday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, stated that fiscal policy, like “the federal budget deficit, as well as various other things that the White House can do, have been mostly going the wrong way.” And the omnibus bill will lead to “more inflation, not less inflation.” Rattner said, “Well, unfortunately, the policies outside of the Fed’s regime, which are basically what we call fiscal policy, the federal budget deficit, as well as various other things that the White House can do, have been mostly going the wrong way.

Comments:

My goodness people.....the main reason for INFLATION is outrageous government spending. Educate yourself! The omnibus bill is a MAJOR disaster.

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Reply 1 - Posted by: FJB 2022 23 24 12/25/2022 6:56:44 AM (No. 1364330)
The Dems and the Reps that voted for it don't give a damn, as long as their pet projects and all the pork they could stuff into it got passed. The taxpayers don't count except as a means to attain thier power and greed. FJB and every Rep that voted with him and his party.
19 people like this.

Reply 2 - Posted by: Quigley 12/25/2022 8:49:38 AM (No. 1364389)
Schmoe’s got plenty of everything. Why should he worry?
10 people like this.

Reply 3 - Posted by: DVC 12/25/2022 11:02:09 AM (No. 1364465)
Yes, we already knew that they were making inflation worse. But the Uniparty thieves and traitors don't actually care about their damage to the economy. Never forget that with President Trump in office, we had the best economy, across the board, for all classes and groups, that the country had enjoyed in half a century.....in my whole lifetime. And huge numbers of people don't remember this or don't seem to care.....only vote against the lies of "mean tweets" and "Russian collusion".
14 people like this.

Reply 4 - Posted by: mifla 12/26/2022 4:10:33 AM (No. 1364728)
They know that it will increase inflation. They don't care.
10 people like this.

Reply 5 - Posted by: Strike3 12/26/2022 8:24:07 AM (No. 1364784)
In a matter of a few days, the blame for this incredible waste of money that will increase inflation will magically shift to the republicans. The fact that some of them voted for it will be rubbed in our faces. Criminals all.
9 people like this.

Reply 6 - Posted by: Krause 12/26/2022 8:34:28 AM (No. 1364788)
'as many good things the Biden Administration is doing to help people' Did he list these things? I sure would like to see them.
5 people like this.

Reply 7 - Posted by: udanja99 12/26/2022 9:11:45 AM (No. 1364809)
Miss Lindsey stabbed the people of South Carolina in the back (yet again) for a pathetic $36 million in earmarks for the state. When inflation hits 15% in the next few months, those earmarks are going to be even more pathetic. Heads need to roll.
7 people like this.

Reply 8 - Posted by: Dodge Boy 12/26/2022 9:32:07 AM (No. 1364822)
Rattner, you are surprised? Congress's actions are by design. High inflation is part of the plan. We can't keep Klaus and the Great Reset crowd waiting for America's takedown for much longer.
4 people like this.

Reply 9 - Posted by: Zigrid 12/26/2022 11:01:55 AM (No. 1364885)
Well...this is no surprise...the coming inflation because of the omnibus bill is just a matter of time....the democrats got what they wanted because now...the American people are ready to pay for their corruption...and they had to push through this monster bill to give them the money they needed for 2024...and of course nervous Nancy's building in San Fran with her name on it...Pelosi Towers will make her feel better about having no power anymore...well...the power is now in the back rooms with the other anti/American democrats....headed by nervous nancy and chuckie schummer...WE know who they are...
0 people like this.

Reply 10 - Posted by: motorcycleboy 12/26/2022 2:23:37 PM (No. 1364975)
It’s an inflation time bomb set to go off under a Republican house. The Fed has already raised interest rates several times. They’ll have to do it again and again to slow inflation, but that means segments of the economy will slow down drastically. Hard times ahead, thanks to Democrats and 18 Rinos.
2 people like this.

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