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Posted on 4/4/24 at 4:57 pm to BBONDS25
quote:
You think the only factor contributing to current inflation is spending
I’ve said no such thing. Our inflation is due to:
Trump’s idiotic Covid policies which killed supply chain, jobs, and economy and his reckless spending for his whole term which was high even before Covid was a thing. Biden then came in and continued the reckless spending and added fuel to the fire with idiotic policies as well. They are BOTH culpable and re-electing Trump won’t ‘fix’ any of it because he’s going to spend at or more than Biden is. Spending is a big part of it but not the whole story. We all remember what a disaster 2020 was and that falls on Trump you can’t blame Biden for that.
Posted on 4/4/24 at 5:00 pm to ronricks
quote:
They are BOTH culpable and re-electing Trump won’t ‘fix’ any of it because he’s going to spend at or more than Biden is.
I think we are getting close to the point where I don't know if it is fixable.
Posted on 4/4/24 at 5:04 pm to L1C4
quote:
It's possible. Reagan turned things around when he took over from Carter.
You’re correct it is possible, but it takes balls. Politicians aren’t willing to do what needs to be done to fix issues.
You need to make it hurt to fix the problem. Interest rates should have went to 10%. You need to suppress the spending behavior by consumers and the federal government simultaneously.
Posted on 4/4/24 at 5:06 pm to Violent Hip Swivel
I think you’ll continue to be a groomer regardless
Posted on 4/4/24 at 5:11 pm to Violent Hip Swivel
Democrats have things so screwed up, even Carter is green with envy.
Posted on 4/4/24 at 5:21 pm to ronricks
quote:
You think the only factor contributing to current inflation is spending
quote:
I’ve said no such thing. Our inflation is due to:
quote:
reckless spending
quote:
Trump won’t ‘fix’ any of it because he’s going to spend
This and “idiotic policies”. Well said. Posted on 4/4/24 at 5:21 pm to Violent Hip Swivel
quote:So, your question is will Trump be responsible for DEflation? When was the last time we had deflation?
Who thinks that groceries and crap from Lowes will be cheaper when Trump's elected?
Posted on 4/4/24 at 5:24 pm to ronricks
things wont be cheaper at first,but you will have more money
Posted on 4/4/24 at 6:36 pm to Violent Hip Swivel
I know where I live groceries won't be cheaper because Lowes doesn't sell them.
Posted on 4/4/24 at 6:43 pm to fallguy_1978
I love how people continue to spread the notion that “deflation” is the stabilization and lowering of overall prices. That isn’t remotely true and is a Wikipedia understanding of economics. Deflation is extremely rare and the US is in absolutely no danger of ever experiencing deflation under its monetary policies. The US could use a period of deflation to be honest. The amount of US currency in circulation at home and abroad would make deflation a near statistical impossibility unless we burned giant piles of trillions of dollars. Trying to compare US monetary policy with Japan 30 years ago or the Great Depression is silly
Posted on 4/4/24 at 7:04 pm to Violent Hip Swivel
Conservatives only can keep inflation low/. They can't roll it back.
Posted on 4/4/24 at 7:15 pm to Bayoutigre
quote:
but you will have more money
Only because Trump will spend spend spend like he did the first time. There will still be high cost of goods and services. It’s not going away.
Posted on 4/4/24 at 7:53 pm to Violent Hip Swivel
They won’t be cheaper but prices should stabilize instead of constantly increasing.
Posted on 4/4/24 at 8:18 pm to Violent Hip Swivel
I think inflation under Trump won’t get as high as quickly as it did and would get under the leadership of Biden or any Democrat candidate for that matter
Posted on 4/4/24 at 8:19 pm to Violent Hip Swivel
quote:
Who thinks that groceries and crap from Lowes will be cheaper when Trump's elected
I bet it will be relatively cheaper when he leaves office than when he started.
There are cost of living indices that should tell a good story.
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