n_huffhines
What's it gonna cost?
- Joined
- Mar 11, 2009
- Messages
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Trump policies did everything to counter both current policy and the horrible economic policies of Obama, and the prior two administrations before that. Our current issues have to do with continued drive towards globalization, shipping jobs over seas, an out of control money supply, and zero accountability at either the fed, or federal trade policies. You have to be an imbicile to then try and say our economies problems are equal from biden and Trump. Biden first of all is nothing new, and he didn't dream it, it's the same polcies we had under Obama, Bush and Clinton that are destroying our nation's manufacturing, and logistics....and on purpose. If you can't see that, give up on economics entirely....
Except for all the policies that were similar. You go into absolutely no specifics.
The Fed and the money supply? That's exactly what I'm talking about. Trump pressured the Fed to keep interest rates low, which led to inflation.
Trump upped trade wars, making input pieces much more expensive, which led to inflation. Biden has followed suit. Protectionism is precisely part of the problem (and I warned all of you and now we have threads all about how nobody can afford life anymore).
Trump grew government spending and handed out free COVID relief checks to everybody, which led to inflation. Biden has followed suit.
In fact, Trump inherited an economy that was growing and by year 2 the private sector stopped growing (well before Covid). The reason the GDP number went up was government spending.
Trump is a total fraud with the economy. The emperors have no clothes and the country is blind to the old white saggy ass their party puts out.