Let's be Clear, Inflation is Much More due to Trump's Policies than Biden's

[Rambunctious]

yea Trump borrowed a bunch of money, ramped up the annual deficit, and had a little pop in 2017 and 2018, then a crash in 2019, with more fake money stimulus.

Trump had weak low GDP growth to go along with his mega debt.

You are reaching into the covid shutdown time... all bets are off after that....

 

[Mac1958]

"I would like to see a bigger stimulus package, frankly, than either the Democrats or the Republicans are offering," Trump said in a radio interview.

Just last week, Trump tweeted, “The Federal Reserve is derelict in its duties if it doesn’t lower the Rate and even, ideally, stimulate.”

Fox never told them about these, so....

 

[Mac1958]

These people are trying to sweep that under the rug.

Trump policy caused this inflation. trump was the king of debt.

They don't know. They're ignorant.

 

[Mac1958]

Trump calls on Fed to cut rates by 1% and urges more quantitative easing

In a two-part tweet, the president says more easing would make the economy "go up like a rocket."

www.cnbc.com

That was after the covid shutdowns had begun....

LOOK AT THE LINK.

April 30, 2019.

You're ignorant.

 

[The Banker]

You are reaching into the covid shutdown time... all bets are off after that....

huh? I am talking precovid. massive debt, look it up, weak low GDP growth, look it up. Learn something, go look it up.

 

[BackAgain]

Thread headline is pure bullshit.

 

[Rambunctious]

LOOK AT THE LINK.

April 30, 2019.

You're ignorant.

Powell was in charge of interest rates in 2019 and he is not up to the job in the least.... calling for a rate cut was widely popular then....

 

[Mac1958]

To review what actually happened, in chronological order:

1. Trillions and trillions and trillions in stimulus are pumped into the economy since 2009
2. The Fed purposely keeps interest rates as low as possible
3. We ALL go all those years waiting for all this stimulus to create MASSIVE inflation
4. COVID hits and the economy falls into complete structural disarray and becomes wildly uneven
5. COVID subsides, many industries struggle to re-open having lost employees and having made big systemic changes
6. Flush with cash, demand explodes globally coming out of the COVID lockdowns
7. Supply chains immediately collapse worldwide, across virtually all industry (production/distribution) strata
8. Inflation hits and rapidly compounds on itself with supply chains still paralyzed
9. The Fed waits far too long (maybe 8 to 10 months) to gradually control the inflation with higher rates
10. The inflation is now fully feeding on itself, up and down the economic strata
11. Far behind the curve, the Fed has to keep increasing rates and the strain on the real estate market begins
12. The increased interest rates put a boot on the throat of the economy, sending the real estate market into a tailspin
13. Several banks, due to their negligence in not inflation-hedging their bond purchases, go tits up or teeter on collapse
14. Today, as inflation has leveled off and is evidently headed back down, we hope for a soft landing or only mild recession

 

[Oddball]

Inflation is plummeting as we speak, but republicans are desperate to try and control the narrative on inflation in an attempt to discredit Biden after 2021 was such an incredible year for the US economy.
Republicans are wrongly trying to put the blame on Biden while ignoring all the major inflationary policies of Trump.

Trump gave us the largest US debt increase in world history, giving us 25% of out total debt in just 4 years. Trump begged Congress for bigger stimulus checks and begged the FED for more stimulus. Let's not forget Trump had QE lite in Oct of 2019 because his economy was struggling. He needed inflationary fake money stimulus because his economy was fake and weak. String economies don't need this fake money stimulus that Trump demanded.

President Donald Trump, in a stunning nighttime tweet, called the $900 billion Covid relief bill passed by Congress an unsuitable “disgrace” and urged lawmakers to make changes to the measure, including bigger direct payments to individuals and families.

"I would like to see a bigger stimulus package, frankly, than either the Democrats or the Republicans are offering," Trump said in a radio interview.

Numerous times during Trump's 4 years of debt and fake money he begged the FED for not having more QE or stimulus. Trump was the king of fake money stimulus, and US debt funded spending bills.

Just last week, Trump tweeted, “The Federal Reserve is derelict in its duties if it doesn’t lower the Rate and even, ideally, stimulate.”

Trump spent his entire presidency(pre and post covid) borrowing money, increasing deficit spending, begging the FED for more fake money, increasing the deficit, and increasing tariffs (which are highly inflationary). trump ramped the US deficit from $587B/yr in 2016, up to $3+T/yr in 2020. Biden has lowered that deficit to only $1T/yr, a big drop.

Trump policy and the invasion of Ukraine are the biggest cause of inflation, the MAGA Republicans are desperate to deflect blame onto Biden and away from Trump.

Trump rails against Powell a day after the Fed cuts rates for a third time this year

Trump also tweets: "The Impeachment Hoax is hurting our Stock Market."

www.cnbc.com

Trump calls Covid relief bill unsuitable and demands Congress add bigger stimulus payments

President Trump, in a stunning tweet, called the $900 billion Covid relief bill passed by Congress an unsuitable "disgrace."

www.cnbc.com

Let's be clear; you're an economic ignoramus mega-hack.

 

[Orangecat]

-.5% MoM this morning say so.
sorry

You might want to look up the word “plummeting” there, chum.

 

[Rambunctious]

huh? I am talking precovid. massive debt, look it up, weak low GDP growth, look it up. Learn something, go look it up.

We have had massive debt for decades you can blame Trump for over spending but keep in mind our military was stealing parts off planes to keep others flying... we had to invest in the military that Obama ignored... and after he did invest in our military we defeated ISIS.... something Obama was incapable of doing....

 

[Oddball]

These people are trying to sweep that under the rug.

Trump policy caused this inflation. trump was the king of debt.

Trump didn't print up $5 trillion between '21 and now, lying asshole.

 

[Rambunctious]

Biden has surpassed Trump's spending with covid gone for the most part in just two years....
Can any of you tell us what we got for Joe's spending?....

 

[Oddball]

Biden has surpassed Trump's spending with covid gone for the most part in just two years....
Can any of you tell us what we got for Joe's spending?....

$25 oz silver.
$4.00 - $5.00 gasoline.
$25,000 used cars with 100,000 miles on them.
No baby formula.

 

[Doc7505]

Inflation is plummeting as we speak, but republicans are desperate to try and control the narrative on inflation in an attempt to discredit Biden after 2021 was such an incredible year for the US economy.
Republicans are wrongly trying to put the blame on Biden while ignoring all the major inflationary policies of Trump.

Trump gave us the largest US debt increase in world history, giving us 25% of out total debt in just 4 years. Trump begged Congress for bigger stimulus checks and begged the FED for more stimulus. Let's not forget Trump had QE lite in Oct of 2019 because his economy was struggling. He needed inflationary fake money stimulus because his economy was fake and weak. String economies don't need this fake money stimulus that Trump demanded.

President Donald Trump, in a stunning nighttime tweet, called the $900 billion Covid relief bill passed by Congress an unsuitable “disgrace” and urged lawmakers to make changes to the measure, including bigger direct payments to individuals and families.

"I would like to see a bigger stimulus package, frankly, than either the Democrats or the Republicans are offering," Trump said in a radio interview.

Numerous times during Trump's 4 years of debt and fake money he begged the FED for not having more QE or stimulus. Trump was the king of fake money stimulus, and US debt funded spending bills.

Just last week, Trump tweeted, “The Federal Reserve is derelict in its duties if it doesn’t lower the Rate and even, ideally, stimulate.”

Trump spent his entire presidency(pre and post covid) borrowing money, increasing deficit spending, begging the FED for more fake money, increasing the deficit, and increasing tariffs (which are highly inflationary). trump ramped the US deficit from $587B/yr in 2016, up to $3+T/yr in 2020. Biden has lowered that deficit to only $1T/yr, a big drop.

Trump policy and the invasion of Ukraine are the biggest cause of inflation, the MAGA Republicans are desperate to deflect blame onto Biden and away from Trump.

Trump rails against Powell a day after the Fed cuts rates for a third time this year

Trump also tweets: "The Impeachment Hoax is hurting our Stock Market."

www.cnbc.com

Trump calls Covid relief bill unsuitable and demands Congress add bigger stimulus payments

President Trump, in a stunning tweet, called the $900 billion Covid relief bill passed by Congress an unsuitable "disgrace."

www.cnbc.com

~~~~~~
Bovine Scatology!!!!

Supply Chain Woes, Inflation Crimp U.S. Producersâ Growth Potential

Investor concerns about returns are not the only thing keeping a cap on domestic oil and gas production growth. Producers are struggling with inflation, supply chain lags, and labor shortages – all things that make it difficult to ramp up quickly and cost-effectively.

www.forbes.com

**********​

How Biden's Agenda Is Causing Inflation

The Consumer Price Index (CPI) tracks the cost of everyday items. It's jacked up a whopping 6.8 percent over the…

reason.com

**********​

Inflation is Biden’s fault, and only Biden’s fault

President Joe Biden has been sleeping too long on America’s ailing inflation woes — while his lefty energy policies handcuff oil producers and tax Americans at the pump.

nypost.com

 

[CrusaderFrank]

-.5% MoM this morning say so.
sorry

That's plummeting????

You are so bad at this!

 

[BluesLegend]

Dem playbook page 1, fabricate a LIE and repeat the LIE endlessly hoping it sticks.

 

[BluesLegend]

Biden just proposed a $6.8 trillion dollar budget jacking up the deficit $500 billion from last year and...wait for it...Trump. These Biden water carriers are hilarious

 

[Flash]

Inflation is plummeting as we speak, but republicans are desperate to try and control the narrative on inflation in an attempt to discredit Biden after 2021 was such an incredible year for the US economy.
Republicans are wrongly trying to put the blame on Biden while ignoring all the major inflationary policies of Trump.

Trump gave us the largest US debt increase in world history, giving us 25% of out total debt in just 4 years. Trump begged Congress for bigger stimulus checks and begged the FED for more stimulus. Let's not forget Trump had QE lite in Oct of 2019 because his economy was struggling. He needed inflationary fake money stimulus because his economy was fake and weak. String economies don't need this fake money stimulus that Trump demanded.

President Donald Trump, in a stunning nighttime tweet, called the $900 billion Covid relief bill passed by Congress an unsuitable “disgrace” and urged lawmakers to make changes to the measure, including bigger direct payments to individuals and families.

"I would like to see a bigger stimulus package, frankly, than either the Democrats or the Republicans are offering," Trump said in a radio interview.

Numerous times during Trump's 4 years of debt and fake money he begged the FED for not having more QE or stimulus. Trump was the king of fake money stimulus, and US debt funded spending bills.

Just last week, Trump tweeted, “The Federal Reserve is derelict in its duties if it doesn’t lower the Rate and even, ideally, stimulate.”

Trump spent his entire presidency(pre and post covid) borrowing money, increasing deficit spending, begging the FED for more fake money, increasing the deficit, and increasing tariffs (which are highly inflationary). trump ramped the US deficit from $587B/yr in 2016, up to $3+T/yr in 2020. Biden has lowered that deficit to only $1T/yr, a big drop.

Trump policy and the invasion of Ukraine are the biggest cause of inflation, the MAGA Republicans are desperate to deflect blame onto Biden and away from Trump.

Trump rails against Powell a day after the Fed cuts rates for a third time this year

Trump also tweets: "The Impeachment Hoax is hurting our Stock Market."

www.cnbc.com

Trump calls Covid relief bill unsuitable and demands Congress add bigger stimulus payments

President Trump, in a stunning tweet, called the $900 billion Covid relief bill passed by Congress an unsuitable "disgrace."

www.cnbc.com

 

[WEATHER53]

Trump is not President tard noggin
With lib loons it Always reverts to being someone else’s fault