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I got a question, why is it failed businessmen can discharge all their debts in bankruptcy (some businessmen do this MULTIPLE TIMES), but a youngster who got laid off with 100k student loan can't?
Would that be an example of Crony-Capitalism?
Why does the petroleum industry get tens of billions in tax credits every year for exploration? Can't they pull themselves up by their bootstraps? Can't they fund exploration out of their own retained earnings? Does Petroleum industry not make enough profit, poor things?
Would that be an example of Crony-Capitalism?
Why can millionaire farmers (count their land value) get paid by the government to NOT plant crops?
Not all inflation is caused from Fiscal sources.
🏭 1. Demand-Pull Inflation
⚙️ 2. Cost-Push Inflation
💵 3. Monetary Inflation
🌍 4. Structural and Supply-Side Factors
📊 6. Government Fiscal Policy
And no, the rest of that doesn't just fall out of Fiscal Spending. That's a chunk, but not the only chunk.
Gov spending didn't make the price of eggs go high, Avian flu did.