MSNBC's Joe Scarborough and former Obama adviser Steve Rattner wonders if Joe Manchin deserves praise from the Biden administration for stifling Build Back Better and preventing inflation from being even worse.
Former Obama adviser Steven Rattner and MSNBC’s Joe Scarborough praised Sen. Joe Manchin, D-W.Va.,
for derailing President Biden’s Build Back Better Act because interest
rates would be even higher if the costly bill had passed.
Rattner
joined MSNBC’s "Morning Joe" to discuss inflation as the liberal
network’s on-screen chyron noted it had reached a four-decade high.
"This
is what we’ve been warning of, this is what happens. I was wondering
why it was taking so long, but you flood the economy with too much
money, with too much government debt, with too many government programs,
too much defecit spending, this is exactly what happens," Scarborough
said. "My God, I just wonder what would have happened if progressives
would've gotten their six-trillion dollar wish earlier this year."
Last year, Manchin famously declared he would not support "spending
trillions more" on social programs amid a dispute between the moderate
Democrat and party leaders and effectively killed the massive social
policy spending bill known as Build Back Better.
At the time,
Manchin said he "made clear to the president and Democratic leaders"
that it would be the "definition of fiscal insanity" to greenlight more
spending despite funding shortages for social security and Medicare.
Manchin also cited concerns about the potential impact to inflation and
the shaky U.S. economic recovery.
Rattner, a former Treasury Department official under the Obama administration, agrees in hindsight.
"In
an ironic way you almost have to thank Joe Manchin for blocking that
because $6.5 trillion of spending in this economy would make these
numbers look small," Rattner told Scarborough.
"I wouldn’t even say ironically thank Joe Manchin, you can just thank
Joe Manchin if you’re glad that interest rates aren’t even higher,"
Scarborough said, referring to the Fed's rate hike to try to tamp down
spending.
U.S. consumers ratcheted up their outlook for where inflation will be
one year from now, according to a key Federal Reserve Bank of New York
survey published Monday, a potentially worrisome sign for the central
bank as it tries to tame white-hot prices.
The median expectation is that the inflation rate will be up 6.6%
one year from now, matching an 11-year-high recorded in March,
according to the New York Federal Reserve's Survey of Consumer
Expectations, which dates back to 2013. Three years from now, consumers
would see inflation hitting 3.9% – unchanged from last month.
The new projections come on the heels of a scorching-hot Labor Department report that
showed the consumer price index, a broad measure of the price for
everyday goods, including gasoline, groceries and rents, rose 8.6% in
May from a year ago, faster than expected. Prices jumped 1% in the
one-month period from April.
It marks the fastest pace of inflation since December 1981.
"The World at a Crossroads: Donald Trump’s Presidency and Its Global Impact" When Donald Trump took the oath of office in January 2017, he promised a revolution in the way America interacted with the world. With his bold slogan, “America First,” Trump tore up the rulebook, upended norms, and redefined the United States’ role on the global stage. His presidency, marked by unorthodox decisions and sharp rhetoric, left an indelible impact on geopolitics, trade, and international diplomacy. Disrupting Global Alliances From the start, Trump made clear his disdain for what he saw as unfair burdens on the United States in global alliances. NATO, the bedrock of transatlantic security, came under fire as Trump accused member states of “freeloading.” His demand for increased defense spending sparked tension but also yielded results, as European nations stepped up their contributions. At the same time, Trump’s decision to withdraw the U.S. from key international agreements, such as...
GiẢI: VẼ DG vuông góc vối AH (G thuộc AH). Suy ra: DG//BC. Ta có: Góc BAH = góc BCA ( cùng phụ góc B) Mà góc BCA = góc GDA (góc trong cùng phía) Do đó: góc BAH = góc GDA Xét hai tam giác ABH và DAG, ta có: ü góc BAH = góc GDA (chứng minh trên) ü AB=AD ( giả thuyết) ü ABH vuông tại H, và AHG vuông tại G. Nếu học tới các trường hợp bằng nhau của tam giác vuông thì ghi là: Tam giác ABH = tam giác DAG (cạnh huyền góc nhon) Nếu chưa học tới thì ghi: Tam giác ABH = tam giác DAG (góc cạnh góc) Suy ra: AH=DG Lại có: DG=HE (vì EDGH là hình chủ nhật) Vậy AH=HE Sau này nếu có bài khó muốn hỏi thì em có thể vào đây ghi câu hỏi: Đặt câu hỏi . Lưu ý T chuyên Toán – Lý – Hóa nên hỏi một trong 3 môn này sẽ được trả lời nhanh.
Cho tam giác ABC vuông ở B, kéo dài AC về phía C một đoạn CD=AB=1, góc CBD=30 o . Tính AC. Giải: Lấy điểm E trên BD sao cho AB//CE ð ⃤ ABC ~ ⃤ CED ð ð CE.AD=CD.AB=1.1=1 Gọi x=AC Tac có: (pitago) Tam giác BCE vuông tại C (vì góc B bằng góc C so le) => Thay vào biểu thức trên(màu đỏ), ta được: =>(x 2 -1)(x+1) 2 =3 ó (x 2 -1)(x 2 +2x+1)=3 ó x 4 +2x 3 +x 2 -x 2 -2x-1=3 ó x 4 +2x 3 -2x-4=0 ó x 3 (x+2)-2(x+2)=0 ó (x+2)(x 3 -2)=0 ó x 3 -2=0 (x+2>0 vì x là số dương) =>
