re: I’m ready to be back in a Trump economy!

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But Biden caused inflation


This is why it's hard to have serious conversations on here.

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Why is it so hard? Is it because instead of offering an opinion you whine?

Trump took office in 2017 after a downturn and a slow crawl out, in which most economists think Obama wasn’t aggressive enough in offering stimulus. Trump opened the spigots, cutting taxes, spending on defense, etc. And the economy responded well.

During the pandemic downturn Trump did the obvious, which was to stimulate, stimulate, stimulate. Biden continued that policy. When we came out of the downturn, and into a gigantic shortage of goods due to the supply chain being hosed up, it was very obvious that the stimulus needed to stop. Biden hit the gas with another one trillion dollars of the most obvious vote-buying! And he wanted to do three trillion, and thank God for Joe Manchin and Kristin Sinema!

A shortage of supply and a Biden-created excess of money - Too much money chasing too few goods. Ever heard THAT before? It’s the classic prescription for inflation.

Still finding it hard to have serious conversations on here?