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re: CPI numbers still hot inflation
Posted on 4/10/24 at 9:27 am to SlowFlowPro
Posted on 4/10/24 at 9:27 am to SlowFlowPro
Don't tell me. Let me guess without reading the whole thread.
According to SloFlow.......all Trump's fault.
According to SloFlow.......all Trump's fault.
2
Posted on 4/10/24 at 9:30 am to Wishing Well
quote:
According to SloFlow.......all Trump's fault.
Nope.
We pushed major inflationary policy following the 2009 Great Recession with QE/ZIRP, to prop up assets/wealth. This began years before Trump got into office. Trump did continue these policies, and while he burst the bubble with Covid spending, Biden did his own Covid spending.
The scary part is figuring out just when we started feeling Biden's spending, if we have felt it yet.
So GWB, Obama, Trump, and Biden all have fault in the matter, as well as their respective Treasury Secretaries and other finance-related appointed bureaucrats.
Posted on 4/10/24 at 9:31 am to Wishing Well
IMHO, POTUS Trump is a Big Spender, and he did spend big. He is definitely not what I would call a "fiscal conservative".
But, in his defense, IMHO, the USA will NEVER EVER have a true "Fiscal Conservative" political/spending policy regardless of which Party holds the Oval Office.
But, in his defense, IMHO, the USA will NEVER EVER have a true "Fiscal Conservative" political/spending policy regardless of which Party holds the Oval Office.
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