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re: Biden claimed on Wednesday that inflation was “skyrocketing” when he took office
Posted on 4/12/24 at 5:57 am to ronricks
Posted on 4/12/24 at 5:57 am to ronricks
quote:
Inflation is a lagging indicator. The idea that Trump spending Trillions didn’t help bring on inflation but Biden’s did is insane
Trump was barely around for the Covid spending. It may be a lagging indicator but how much lag? Biden went from saying there was no inflation to now stopping Trumps inflation.
quote:
Trump & Biden are both responsible for the current inflation
I agree, but only one has had an opportunity to enact policy to combat it, Trump left office with a great economy that was completely disrupted by a global pandemic.
quote:
I’m not even sure we have seen the worst of it from Biden’s spending yet.
See above. His admin has spent more time pretending it wasn’t real than trying to slow it. Pain is the only way to stop inflation. I’m not sure Trump has got what it takes to put the country through pain either, but we now know that Biden doesn’t.
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