Chad Prather goes off on Bidenflation: “So here, for your consideration, is a very simple algebra equation I like to keep in my back pocket, because, unlike all the other algebra equations I learned during the dog days of my misspent youth, this one actually comes in handy. You ready? It goes like this: The amount of crap you should be filling your pants with in terror is inversely proportional to the level of disaster dismissal on the part of economists. And yeah, I’m not sure that’s algebra.
I think “pi” fits in there somewhere … but you get my point, right? If not, allow me to expound a little. As of right now, many economists are saying that even though the United States savings rate has hit the lowest level since 2008, we’re gonna be just fine, because Americans “have excess savings” that will keep us afloat until the economy can properly right itself. What does that even mean?”