Stop the Insanity!
As noted yesterday, Senator Manchin Urges Fed to Immediately Taper to Halt Inflation and Avoid Tax Hikes.
Frightened?
The more rational persons are frightened by Fed policy and the insane $3.5 trillion socialist express proposal in Congress.
— Mike “Mish” Shedlock (@MishGEA) August 5, 2021
Are you frightened by sanity or insanity?
On the Insane Side
- The Greens Hijack Biden’s $3.5 Trillion Budget Proposal
- “Inflation is Half Our Mandate” and Other Amusing Quotes of the Day
- Fed’s Preferred Measure of Inflation is Only 4.0%, Anyone Believe That?
Manchin can do little or nothing about Fed insanity but he can stop fiscal insanity in Congress easily.
Q: How?
A: Switch Political Parties
If Manchin flipped, it would make McConnell the Senate Majority Leader and end the threat of Vice President Kamala Harris casting the tie breaking vote for fiscally insane policies.
I suggest it is Manchin’s patriotic duty to switch political parties.
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Mish
But at least we don’t have mean tweets!!!First it was Trump should lose but Rs will still have control of Senate. Then it was well that’s okay Rs lost control of Senate but we still have Manchin. Now (as Manchin cannot be counted on) it’s that he should switch parties!You get what you deserve. The Trumpers told you this is what would happen. But “Orange Man Bad”. I hope we get what’s coming to us, good and hard.