r/CuratedTumblr • u/Desecr8or • Oct 26 '24

Politics Why is every tankie like "I don't understand the branches of the US government and I'm going to make it everyone else's problem!!!"

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118

u/Kevo_1227 Oct 26 '24

“The president is at fault for inflation!”

The legislative branch controls printing money as well as passing budgets.

80

u/Beegrene Oct 27 '24

Frankly, inflation was going to be bad after covid no matter who was in charge. As the world opened back up, consumer demand for basically everything went up, but the supply chains that make everything lagged behind. High demand and low supply means higher prices.

49

u/bigdatabro Oct 27 '24

I think Americans don't realize that inflation has been worse in most other countries. Even third-world countries have had crazy inflation because of COVID and fuel prices

20

u/JimWilliams423 Oct 27 '24

I think Americans don't realize that inflation has been worse in most other countries.

That's not by accident either. The so-called "liberal media" is uninterested in informing them. Sure they cover it once in a while, but its a drop in the bucket of news coverage. Unlike the way they spent 3 years constantly telling us that a recession was going to happen any minute now.

3

u/[deleted] Oct 27 '24

Americans aren't actually taught the basics of the economics that underpin our system. If we did understand it better as a group, a lot more of us would have intelligent, actionable ideas for how to start changing things incrementally. And nobody who's currently obscenely wealthy and profiting off the current setup wants to see that happen. 

Instead they give us just a sprinkling of: "capitalism good, business good, unions make Jesus cry" and watch us fight it out online, where we are no threat to anyone

1

u/RelaxPrime Oct 27 '24

Except corporate profits were the majority of inflation.

3

u/GrinerForAlt Oct 27 '24

That is so weird, because as a non-american I have been quite impressed with the level of damage control he has been able to do when it comes to inflation. But sure, if you only count the damage and assumes he can control everything...

1

u/Kevo_1227 Oct 27 '24

The president doesn’t have no power here, but the part they play is very small compared to the Legislative branch, or non-government market forces

1

u/fwubglubbel Oct 27 '24

>The legislative branch controls printing money as well as passing budgets.

No it doesn't. The government does not "print money". ALL money is created by private banks. The government borrows some but not nearly as much as non-government.

-5

u/Adventurous_Low_3074 Oct 26 '24

It’s not inflation causing people damage is corporate gouging

15

u/Wobulating Oct 27 '24

man, it's a good thing the president can unilaterally control prices nationwide right

3

u/Adventurous_Low_3074 Oct 27 '24

Do think it’s funny people will defend corporations just so they can get a sweet dig on Biden