But those same Republicans were given a report by the Congressional Budget Office today that showed the US budget deficit is at its lowest level in at least 4 years, and is down more than 75% compared to last year.
Top issues concerning Wisconsinites— Senator Ron Johnson (@SenRonJohnson) July 12, 2022
🚨Skyrocketing gas prices
Democrats’ solution? More reckless deficit spending. pic.twitter.com/jqwVj24oo6
That's certainly not what you'd be seeing if other countries were thinking the US's currency was worthless because so much of it was flowing around. It's the exact opposite - they WANT dollars, and it makes imports cheaper. That reality doesn't cause inflation, it limits it. I'm not saying we still shouldn't care about inflation (although I do think that June's report is already outdated, given the drop in gas prices since then). But I am saying that if you hear any Republican say it's due to "Democrat spending", know that THEY ARE LYING.
Euro touches parity with the dollar for the first time since 2002 https://t.co/PgnAwNZ7Vs— Ken (@QldProgressive) July 12, 2022