I support policy, not people.
Okay, so what do you think of the policy that led to a 2.1% GDP growth, an exploding deficit in a non-recessionary period, and the need for the Fed to be standing by to drop rates?
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Here’s my stance...
The deficit is meaningless when the spending is targeted for US soil and more US citizens are earning a living and paying taxes.
In terms of the Fed...why do I care about fiat currency rates when US citizens are employed?
The deficit isn't meaningless. It adds to our debt service every single year. We're paying more on the national credit card, and GDP isn't making up for the increase.
And while the unemployment figures are excellent, no doubt, the economy STILL isn't strong enough to drive either GDP or inflationary forces. Bond yields are lower now than they were eight months ago. There's no upward economic pressure right now.
Rhetoric and tweets can't disprove those facts. If you can explain them, great, I'd love to see it.
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