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re: What is Trump's plan for inflation and reducing the federal deficit/debt?

Posted on 3/9/24 at 11:11 am to
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11441 posts
Posted on 3/9/24 at 11:11 am to
There’s two issues here. Trump would have been crucified if he didn’t pass the CARES Act while local governments shut down their economies. The “do something” crowd owns that. At the same time he was never a spending hawk so he gets to own it for passing it, and on one of his last days extending it.

The cost of living increases were mostly a derivative of the lockdowns, however. And the Trump hating crowd is more guilty of those policies being implemented and prolonged for no reason. Indicting Trump for that is revisionist history.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
432419 posts
Posted on 3/9/24 at 11:13 am to
quote:

Trump would have been crucified if he didn’t pass the CARES Act while local governments shut down their economies. The “do something” crowd owns that. At the same time he was never a spending hawk so he gets to own it for passing it, and on one of his last days extending it.

But even prior to this, Trump's spending was increasing at a similar rate to Obama's.
Posted by David_DJS
Member since Aug 2005
19342 posts
Posted on 3/9/24 at 11:30 am to
quote:

Trump would have been crucified if he didn’t pass the CARES Act while local governments shut down their economies.

He was going to be crucified no matter what he did. He should have fought ridiculous Covid spending rather than falling in line with the Left/establishment. Don't forget, in the end (the Oct Covid bill) he lobbied for more spending than Pelosi proposed.
Posted by BearCrocs
Member since Aug 2013
6821 posts
Posted on 3/9/24 at 12:29 pm to
Capitalism is basically dead in this country. Buy land, grow your own crops, hunt your own food, and learn to live without technology.

The rich are getting richer and the poor rely on the shiny hook of the government that the middle class pays for
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