Agreed, though there was a perfect target sitting right in the middle.

Not that I am blaming anyone, I think it was handled pretty well. It seems to me that people fail to realize it's only an easily balanced equation when looking at it historically and a shit show looking forward.

A significant amount of the covid stimulus going to grift and fraud was always the inevitable outcome for that administration. They explicitly removed any auditing provisions from the bill before it passed.

The phrase should be read as "oversimplified Econ". If it were just about the money supply, increasing interest rates, which reduces money supply by suppressing loans, as well as the end to the money handouts during the shutdown, would have been enough to take care of it. But there's also market concentration which has allowed big players to raise prices a lot more than their costs have been raised, increasing their profits.

from the following link (Council for Economic Education), there are 28 states requiring students to take a course in economics to graduate.

https://www.councilforeconed.org/policy-advocacy/survey-of-t...

https://www.forbes.com/sites/lizfrazierpeck/2024/04/01/2024-...