Dem House, where all spending originates. Massive spending occurred due to the ChineDem pandemic, and its shutdowns.
Inflation REDUCTION act is a success
- Thread starter Lionfish
- Start date
Dem House, where all spending originates. Massive spending occurred due to the ChineDem pandemic, and its shutdowns.
floridafan
Verified User
Nope, It was trumps tax cut that began the 7 trillion disaster.
Do remember if it was spending legislation, King trump had every right to veto.
Wrong. Tax revenues BOOMED, and Americans had an average of $6500 more in their pockets ,annually, as the steady 2-3% annual growth provided massive wage increases with nearly non-existent inflation.
Then the ChinaDem bio attack on our nation, with the Beijing-ordered shutdowns , dutifully carried out by the Demthugs.
floridafan
Verified User
Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years
One of President Donald Trump’s lesser known but profoundly damaging legacies will be the explosive rise in the national debt that occurred on his watch. The financial burden that he’s inflicted on our government will wreak havoc for decades, saddling our kids and grandkids with debt.
The national debt has risen by almost $7.8 trillion during Trump’s time in office. That’s nearly twice as much as what Americans owe on student loans, car loans, credit cards and every other type of debt other than mortgages, combined, according to data from the Federal Reserve Bank of New York. It amounts to about $23,500 in new federal debt for every person in the country.
Geeko Sportivo
Verified User
Trump was already fired from office before the Pandemic ended and the inflation caused by the SHUT-DOWN started taking affect!
But had Trump won the election, he would be criticized for the inevitable inflation that would have resulted during his 2nd term.
You stop being stupid!
Not like they have in the last 2 1/2 years.
Sure it can.
He's both.
RQAA.
What bubble?????!?
Lie.
Increasing the interest rate will not stop inflation. The Fed is still printing money faster than wealth creation. That is the one and only cause of inflation.
Society breaking down has a lot to do with it...as you should know.....appear to not know.
Irrelevance fallacy. Gaslighting. No argument presented.
Price controls don't work.
That all depends on what the definition of work is.
In this dark age where power does not give a flying fuck about us "working" tends to suck.
As you should know.
They aren't.
To 'try to control inflation'. It won't work, since interest rates do not control inflation. Inflation is the Fed printing money faster than wealth creation. That is the one and only cause of inflation.
Not happening. You are hallucinating.
No. It was caused by the Fed in the States.
No. It was created by the Congress. ALL banks are members banks, thanks to Democrats.
It sure does.
Not quite. BOTH are financial elements of the government. Illiteracy: government is not a proper noun. It is not capitalized.
No.
I don't believe you.