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andym

(5,445 posts)
Fri Nov 4, 2022, 11:20 AM Nov 2022

Good talking point for talking with independents: Republican tax cuts are very bad for inflation

as they potentially stimulate demand which will only make inflation worse as "supply and demand" drives prices. Tax cuts are the centerpiece of their limited policy wishes outside of the culture wars. Meanwhile the Fed is raising interest rates to stop inflation by trying to slow the economy in order to reduce demand.

Basically use their own brand against them. It goes without saying that deregulation to the extent it stimulates business activity is also bad for inflation.

This counters the thinking that has been held since Reagan that the GOP is somehow always good for the economy, which has been helping the GOP in the polls.

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