Let's be Clear, Inflation is Much More due to Trump's Policies than Biden's

The Banker said:
Inflation is plummeting as we speak, but republicans are desperate to try and control the narrative on inflation in an attempt to discredit Biden after 2021 was such an incredible year for the US economy.
Republicans are wrongly trying to put the blame on Biden while ignoring all the major inflationary policies of Trump.

Trump gave us the largest US debt increase in world history, giving us 25% of out total debt in just 4 years. Trump begged Congress for bigger stimulus checks and begged the FED for more stimulus. Let's not forget Trump had QE lite in Oct of 2019 because his economy was struggling. He needed inflationary fake money stimulus because his economy was fake and weak. String economies don't need this fake money stimulus that Trump demanded.

President Donald Trump, in a stunning nighttime tweet, called the $900 billion Covid relief bill passed by Congress an unsuitable “disgrace” and urged lawmakers to make changes to the measure, including bigger direct payments to individuals and families.

"I would like to see a bigger stimulus package, frankly, than either the Democrats or the Republicans are offering," Trump said in a radio interview.

Numerous times during Trump's 4 years of debt and fake money he begged the FED for not having more QE or stimulus. Trump was the king of fake money stimulus, and US debt funded spending bills.

Just last week, Trump tweeted, “The Federal Reserve is derelict in its duties if it doesn’t lower the Rate and even, ideally, stimulate.”

Trump spent his entire presidency(pre and post covid) borrowing money, increasing deficit spending, begging the FED for more fake money, increasing the deficit, and increasing tariffs (which are highly inflationary). trump ramped the US deficit from $587B/yr in 2016, up to $3+T/yr in 2020. Biden has lowered that deficit to only $1T/yr, a big drop.

Trump policy and the invasion of Ukraine are the biggest cause of inflation, the MAGA Republicans are desperate to deflect blame onto Biden and away from Trump.

www.cnbc.com

Trump rails against Powell a day after the Fed cuts rates for a third time this year

Trump also tweets: "The Impeachment Hoax is hurting our Stock Market."
www.cnbc.com www.cnbc.com
www.cnbc.com

Trump calls Covid relief bill unsuitable and demands Congress add bigger stimulus payments

President Trump, in a stunning tweet, called the $900 billion Covid relief bill passed by Congress an unsuitable "disgrace."
www.cnbc.com www.cnbc.com
Click to expand...
Youre a liberal hack. You have no credibility.
 
Faun said:
I showed the U.S. Treasury's website, Dumbfuck. The deficit is up half a trillion so far for FY2023.
Click to expand...
No. You showed an increase in our DEBT over six months. Which, you yourself posted and is a horrific number.

The Deficit, as you know, is a paper figure indicating the proposed difference between the BUDGET and anticipated REVENUES.

Whatever the actual difference between spending and revenues at the end of the fiscal year added to the DEBT. That difference could be more or less than the BUDGETED difference,

But, you don't give a tinker's dam, just so you can argue.

Argue%20with%20a%20stick%20too-S.jpg
 
The Banker said:
Policy has a lag effect.

Debt, big spending, free money handouts, QE 4, massive FED fake money pump all have a big effect on inflation. All that happened under Trump and was encouraged by Trump.
Click to expand...
Hmm, so you are suggesting that trump should have vetoed the stimulus bill?

If he had done that, the left would be criticizing him for it anyway, he passed stimulus, and you still criticize him. Had he left the original bill alone and left it at $600, the left would criticize him because it was too little, and would have been asking for another round of stimulus.

Hmm, seems like when dems want to hand out stimulus money, it’s a good thing, when repubs do it, it’s a bad thing.
 
Markle said:
No. You showed an increase in our DEBT over six months. Which, you yourself posted and is a horrific number.

The Deficit, as you know, is a paper figure indicating the proposed difference between the BUDGET and anticipated REVENUES.

Whatever the actual difference between spending and revenues at the end of the fiscal year added to the DEBT. That difference could be more or less than the BUDGETED difference,

But, you don't give a tinker's dam, just so you can argue.

Argue%20with%20a%20stick%20too-S.jpg
Click to expand...
I was going to try to explain that to the idiot. It is pretty much spelled out in my link, but he has admitted he has zero reading comprehension skills, so it went over his head.
 

The BlackRock COVID Bail Out Plan Written BEFORE The “Crisis” & US Gov’s Lockdown “Success” Story​

www.thelastamericanvagabond.com

The BlackRock COVID Bail Out Plan Written BEFORE The "Crisis" & US Gov's Lockdown "Success" Story

Podcast: Play in new window | Download | EmbedSubscribe: Apple Podcasts | Email | RSSWelcome to The Daily Wrap Up, a concise show dedicated to bringing you the most relevant independent news, as we see it, from the last 24 hours (6/8/20). As always, take the information discussed in the video...
www.thelastamericanvagabond.com www.thelastamericanvagabond.com
1681851205900.webp

www.thelastamericanvagabond.com

The BlackRock COVID Bail Out Plan Written BEFORE The "Crisis" & US Gov's Lockdown "Success" Story

Podcast: Play in new window | Download | EmbedSubscribe: Apple Podcasts | Email | RSSWelcome to The Daily Wrap Up, a concise show dedicated to bringing you the most relevant independent news, as we see it, from the last 24 hours (6/8/20). As always, take the information discussed in the video...
www.thelastamericanvagabond.com www.thelastamericanvagabond.com

The BlackRock COVID Bailout Plan Written BEFORE The "Crisis" & US Gov's Lockdown "Success" Story​



(This show is nearly three years old. It had nearly fifty links, but who knows how many still work?)

BlackRock Authored the Bailout Plan Before There Was a Crisis – Now It’s Been Hired by three Central Banks to Implement the Plan​

BlackRock Authored the Bailout Plan Before There Was a Crisis – Now It’s Been Hired by three Central Banks to Implement the Plan

By Pam Martens and Russ Martens: June 5, 2020 ~ It’s called “Going Direct.” That’s the financial bailout plan designed and authored by former central
wallstreetonparade.com
1681851567101.webp


BlackRock Is Bailing Out Its ETFs with Fed Money and Taxpayers Eating Losses; It’s Also the Sole Manager for $335 Billion of Federal Employees’ Retirement Funds​

BlackRock Is Bailing Out Its ETFs with Fed Money and Taxpayers Eating Losses; It’s Also the Sole Manager for $335 Billion of Federal Employees’ Retirement Funds

By Pam Martens and Russ Martens: June 4, 2020 ~ BlackRock, the international investment management firm run by billionaire Larry Fink, has played an
wallstreetonparade.com

1681851633352.webp
1681851707482.webp
 
Nostra said:
I was going to try to explain that to the idiot. It is pretty much spelled out in my link, but he has admitted he has zero reading comprehension skills, so it went over his head.
Click to expand...

LOL

No, Dumbfuck, you're an imbecile who doesn't understand that figure is revised monthly and will drop after April's tax revenues are received. The projected deficit is $1.4 trillion for all of FY2023.
 
Faun said:
LOL

No, Dumbfuck, you're an imbecile who doesn't understand that figure is revised monthly and will drop after April's tax revenues are received. The projected deficit is $1.4 trillion for all of FY2023.
Click to expand...
$1.1 TRILLION deficit for the first half of the fiscal year, Simp.
 
eddiew37 said:
Trump loves money nothing else Children,no grandchildren no wife ,no,nothing else
Click to expand...
Do you have any ideal how much money Biden has collected by selling himself to other nations?... well he is personally a billionaire and that doesn't include the bling Hunter and the Biden crime family has made by selling Biden's influence around the world....
 
eddiew37 said:
Trump loves money nothing else Children,no grandchildren no wife ,no,nothing else
Click to expand...
And just to give you an example of what nations like China get from Joe... all you need to do is look at China getting away with killing hundreds of thousands of Americans... and being allowed to go into Afghanistan take our weapons and our air base and mining the shit out of that poor nation for cobalt and lithium....
 
The Banker said:
say what??

Because a bunch of retard Trumpers don't agree that makes it false.

Its like stupid in numbers with you people, your stupidity is contagious and breeds more stupidity.

Its so funny how the inflation data comes in great showing inflation dropped a lot MoM, and you hate it. It makes you squirm.

Bush and Trump were failed presidents, with failed results, and when they left office the country was in riot and ruin, both times.
Biden is better than both Bush and Trump and you can't stand to see it. Biden's success makes you cry.
Click to expand...
Hmmmm I can see why you chose your name, you are as screwed up as your namesakes.
 
The Banker said:
Inflation is plummeting as we speak, but republicans are desperate to try and control the narrative on inflation in an attempt to discredit Biden after 2021 was such an incredible year for the US economy.
Republicans are wrongly trying to put the blame on Biden while ignoring all the major inflationary policies of Trump.
Click to expand...
Trump spent waaay too much money. And it help to create the inflation problem we're in. But Biden hasn't slowed the spending. It will slow now that the GOP has the house. It's a historical fact that the only time republicans even ty to curb spending, is where there's a democrat in the white house.
 
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