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

[Missouri_Mike]

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

You morons always start your lies with “let’s be clear” you learned that shit from obie. The only thing that’s clear is you’re about to lie your ass off.

 

[bripat9643]

Well Biden has lowered the annual deficit by a lot from the massive deficits he inherited from Trump.

Trump raised and increased the deficit every single year of his presidency (just like Bush did) then Trump demanded bigger covid sti,ulus.

Trump owns his debt, he proposed it all, and signed it all into law.

ROFL Biden lowered it after he raised it. This is the kind of idiocy turds like you use to support the potato.

 

[Markle]

Well Biden has lowered the annual deficit by a lot from the massive deficits he inherited from Trump.

Trump raised and increased the deficit every single year of his presidency (just like Bush did) then Trump demanded bigger covid sti,ulus.

Trump owns his debt, he proposed it all, and signed it all into law.

 

[Faun]

Who shut down the economy?

Democrats in deep blue cities and states

My state is red and we shut down.

 

[Nostra]

Well Biden has lowered the annual deficit by a lot from the massive deficits he inherited from Trump.

Trump raised and increased the deficit every single year of his presidency (just like Bush did) then Trump demanded bigger covid sti,ulus.

Trump owns his debt, he proposed it all, and signed it all into law.

Veggie Joe‘s budget proposal would run out debt up to $51 TRILLION over the next 20 years, you raving moron.

 

[Mac-7]

My state is red and we shut down.

For how long?

A few months was understanable given the unknown

But dems shut down and refused to reopen

Plus most major cities in red states are blue democrat ruled by democrats

 

[The Banker]

Veggie Joe‘s budget proposal would run out debt up to $51 TRILLION over the next 20 years, you raving moron.

so what, none of that has passed anything, on top of that Joe has lowered the deficit from what he inherited from Trump, so when it comes to debt and deficit, Biden is greatly outperforming Trump.

Trump had world record debt and deficits, so repeating crap about supposed proposed, not passed, nonsense, which is meaningless, and I will crack you in the face with the facts:

Trump ramped up the annual deficit massively every year of his presidency, htting a world record in 2020, Biden inherited that record deficit and lowered it substantially

Biden: 1
Trump: 0

 

[Nostra]

so what, none of that has passed anything, on top of that Joe has lowered the deficit from what he inherited from Trump, so when it comes to debt and deficit, Biden is greatly outperforming Trump.

Trump had world record debt and deficits, so repeating crap about supposed proposed, not passed, nonsense, which is meaningless, and I will crack you in the face with the facts:

Trump ramped up the annual deficit massively every year of his presidency, htting a world record in 2020, Biden inherited that record deficit and lowered it substantially

Biden: 1
Trump: 0

The numbers: The U.S. budget deficit hit $1.1 trillion in the first half of fiscal year 2023, the Treasury Department said Wednesday, $432 billion more than the shortfall in the same period a year ago. That includes a March deficit of $378 billion.

U.S. budget deficit hits $1.1 trillion in first half of fiscal year, Treasury says

The U.S. budget deficit hit $1.1 trillion in the first half of fiscal year 2023, the Treasury Department said Wednesday, up 63% from a year ago.

www.marketwatch.com

 

[Toddsterpatriot]

so what, none of that has passed anything, on top of that Joe has lowered the deficit from what he inherited from Trump, so when it comes to debt and deficit, Biden is greatly outperforming Trump.

Trump had world record debt and deficits, so repeating crap about supposed proposed, not passed, nonsense, which is meaningless, and I will crack you in the face with the facts:

Trump ramped up the annual deficit massively every year of his presidency, htting a world record in 2020, Biden inherited that record deficit and lowered it substantially

Biden: 1
Trump: 0

Joe has lowered the deficit from what he inherited from Trump

That's awesome!

How did he do it?

Be specific.

 

[The Banker]

The numbers: The U.S. budget deficit hit $1.1 trillion in the first half of fiscal year 2023, the Treasury Department said Wednesday, $432 billion more than the shortfall in the same period a year ago. That includes a March deficit of $378 billion.

U.S. budget deficit hits $1.1 trillion in first half of fiscal year, Treasury says

The U.S. budget deficit hit $1.1 trillion in the first half of fiscal year 2023, the Treasury Department said Wednesday, up 63% from a year ago.

www.marketwatch.com

so what, it is still going to be $1T for the year.

It will still be much much less than what Trump had.

You have no point to make when Biden's deficit is significantly lower than trump's

Trump was the king of debt and e ramped up debt bigly before covid hit, then took it to another level post covid. Along with the biggest FED balance sheet expansion is world history.

Trump owns the debt, it is his and do to his policy

 

[WEATHER53]

Libs loved everyone shut in their house. Made them finally have an equal

 

[The Banker]

Joe has lowered the deficit from what he inherited from Trump

That's awesome!

How did he do it?

Be specific.

Add deficit to the list of issues Biden has greatly outperformed Trump on.

Trump inherited a $587B/yr deficit and ramped it up bigly precovid, doubling it precovid.
Then Trump took it to another level post covid, begging Congress for even more debt and hand out money, and signing everything to law.
Worse still he begged the FED for more stimulus precovid, begging for QE precovid, and had the biggest Fed balance sheet expansion ever.

Trump and his policy caused the debt and he owns it.

Biden inherited the massive Trump debt and has lowered it substantially. Trump gave us 25% of our total debt in just 4 years of total failure.

Biden Wins, Trump loses, yet again. Like Always.

 

[excalibur]

OP has a clinical obsession with Donald Trump.

 

[Nostra]

so what, it is still going to be $1T for the year.

It will still be much much less than what Trump had.

You have no point to make when Biden's deficit is significantly lower than trump's

Trump was the king of debt and e ramped up debt bigly before covid hit, then took it to another level post covid. Along with the biggest FED balance sheet expansion is world history.

Trump owns the debt, it is his and do to his policy

Um, it's already at $1.1 TRILLION halfway thru the fiscal year, Dumbass.

You really suck at numbers.

 

[Nostra]

Add deficit to the list of issues Biden has greatly outperformed Trump on.

Trump inherited a $587B/yr deficit and ramped it up bigly precovid, doubling it precovid.
Then Trump took it to another level post covid, begging Congress for even more debt and hand out money, and signing everything to law.
Worse still he begged the FED for more stimulus precovid, begging for QE precovid, and had the biggest Fed balance sheet expansion ever.

Trump and his policy caused the debt and he owns it.

Biden inherited the massive Trump debt and has lowered it substantially. Trump gave us 25% of our total debt in just 4 years of total failure.

Biden Wins, Trump loses, yet again. Like Always.

Biden inherited the massive Trump debt and has lowered it substantially.

Link us up to the DEBT going down under your Vegetable Messiah.

I'm beginning to think you are the Vegetable himself.

 

[Nostra]

OP has a clinical obsession with Donald Trump.

And a complete ignorance of the difference between debt and deficit.

It sucks at math too.

 

[yidnar]

He was referring to his attention span

its really sad to watch ..

 

[The Banker]

Link us up to the DEBT going down under your Vegetable Messiah.

I'm beginning to think you are the Vegetable himself.

Here ya go

US annual deficit 2020, $3.1T absolutely terrible almost treasonous, from the CBO:

The Federal Budget in Fiscal Year 2020: An Infographic | Congressional Budget Office

The federal deficit in 2020 was $3.1 trillion, equal to 14.9 percent of gross domestic product.

www.cbo.gov

US annual deficit 2022, $1.4T an massive reduction in defict ! Biden wins, Trump loses.

Monthly Budget Review: Summary for Fiscal Year 2022

In fiscal year 2022, the federal deficit totaled nearly $1.4 trillion. That deficit was equal to 5.5 percent of GDP, down from 12.3 percent in 2021, but still larger than the 4.6 percent recorded in 2019—the most recent year not affected by the pandemic.

www.cbo.gov

Trump and Bush policy are the cause of the majority of our debt and Trump's policy greatly increased inflation. Worse still the biggest FED fake money people ever happened under Trump's watch, with Trump begging the Fed for even more stimulus.

Trump is the debt, deficit, and stimulus president.

MIC DROP !!!!

 

[Markle]

Here ya go

US annual deficit 2020, $3.1T absolutely terrible almost treasonous, from the CBO:

The Federal Budget in Fiscal Year 2020: An Infographic | Congressional Budget Office

The federal deficit in 2020 was $3.1 trillion, equal to 14.9 percent of gross domestic product.

www.cbo.gov

US annual deficit 2022, $1.4T an massive reduction in defict ! Biden wins, Trump loses.

Monthly Budget Review: Summary for Fiscal Year 2022

In fiscal year 2022, the federal deficit totaled nearly $1.4 trillion. That deficit was equal to 5.5 percent of GDP, down from 12.3 percent in 2021, but still larger than the 4.6 percent recorded in 2019—the most recent year not affected by the pandemic.

www.cbo.gov

Trump and Bush policy are the cause of the majority of our debt and Trump's policy greatly increased inflation. Worse still the biggest FED fake money people ever happened under Trump's watch, with Trump begging the Fed for even more stimulus.

Trump is the debt, deficit, and stimulus president.

MIC DROP !!!!

 

[LA RAM FAN]

Trump signed the first payout which was needed... we had not experienced anything like covid since the first world war Spanish Flu pandemic... Biden signed the rest even after the vaccine was fully distributed....
So for you to say "Trump signed off on all the free money during covid" is a damn lie isn't it?....
If you libs have to lie it means you know you are wrong but will be dishonest to try and fool people... its called gaslighting...
Don't gas light me taz me I'll make you look foolish every time you do....

pretty simple to do around here all the time.