The Sage of Main Street
Platinum Member
How many hotels have you built
They all fell down, right? Oh wait, that was Biden's bike.
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How many hotels have you built
Mostly inflation rose because of Covid and the Ukraine war. The American Rescue Plan was due to Covid. The US had lower inflation than a lot of other western countries.Yes Biden caused inflation by massive debt based spending( The American Rescue Plan) and driving up the cost of oil. In one year it went from 1.4 to 9.1%. GDP was 6.4 % there was no need to rescue America. Its democrats buying votes with our money.
Inflation was 1.4% when we had covid and Biden took over. After his war on oil and the debt funded American Rescue Plan inflation went up to 9.1% in a year. Trump gave Biden 6.4% GDP well the idiot rescued us from thatMostly inflation rose because of Covid and the Ukraine war. The American Rescue Plan was due to Covid. The US had lower inflation than a lot of other western countries.
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Red is the Eurozone's inflation, blue is the US's inflation. The Eurozone got higher.
No need to Rescue the US? Well, you'd probably say the same thing about Obama in the 2008 economic crisis. The republicans were calling for it to all just fall down which would have hindered growth for a long time.
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U.S. National Debt by Year (1940–2025) — Historical Data & Download
Complete U.S. national debt by year from 1940 to 2025. Free downloadable CSV with total debt, debt-to-GDP, debt per person, and annual deficits.www.us-debt-clock.com
And US debt rose massively in 2020. From $22.72 trillion to $26.95 trillion, a rise of more than $4 trillion. Under Biden it rose that much in TWO YEARS from 2021 to 2022.
But you probably don't blame Trump, complain about the circumstances. Right?