Trump Handed out $Trillions, Ramped the deficit to $3+ T, and Printed $Trillions in Fake Money

[Stryder50]

You don't think that increased inflation a lot?

Trump presided over the biggest fake money print in US history.
Trump presided over the biggest US deficit inc in US history.
Trump presided over the biggest fake money handouts and stimulus handouts in US history.

Republicans are going to try and claim that didn't inc inflation? Of course that is going to increase inflation.

Meanwhile Biden is presiding over a massive interest rate inc, a massive FED tightening and FED balance sheet reduction, and the annual deficit has dropped from the massive $3+T/yr in 2020, down to $1.3T/yr in 2022.

This is another example of republicans trying to blame democrats for their policy failures, just like with the war in Iraq or the Bush crash.

https://www.yardeni.com/pub/fedbal.pdf

The charts in your link show steady and significant increase/rising from 2008 to 2016 = the Obama years.
They then show slight decline starting about 2015, Barry's last year, which continues until about March of 2020 (gray bar in fig. 1, 3,&4 which is "recessioon") = COVID lockdowns/shutdowns (mostly by Democrat state governments) which Trump and Federal government responded to will huge emergency payments and funding to the out of work citizens.
They then show that the Biden Admin. continued and grew the spending and other inflationary fiscal actions, only slightly reducing in recent months, with some notable exceptions (see Fig 4,5, &6).

However "inflation" has been on the rise for some decades now. More accurate view and gauge can be found at US Debt Clock.org. Here's the current situation;

https://www.usdebtclock.org/index.html

Using that "time machine" tab in upper right corner we can go back to the numbers for this time of year(date) in some previous years.
For 2008, just before Obama is elected and takes office, National Debt (more meaningful and useful figure) is about @$10.4 trillion;

U.S. National Debt Clock 2008

By 2016, just before Trump is elected and takes office, National Debt has nearly doubled to @$19.7+trillion!

U.S. National Debt Clock 2016

(This is more probable source for huge inflation jump.)
By 2020, as Trump is about to exit and Biden will be elected and later take office, National Debt is at @$26.5 trillion; reflecting momentum from the Obama years continued by Congress (despite Trump's request for cuts) and especially that huge bump resulting from COVID emergency fundings of early 2020.

U.S. National Debt Clock 2020

Now today -2023 and bare 2 1/2 years into Biden's administration, the National Debt is up to @$32.5 trillion!

https://www.usdebtclock.org/index.html

Just over half way through his term, Biden has increased the National Debt by $6.0 trillion, in @ 2/12 years versus Trump's increase of @$6.8 trillion over four years and with the COVID emergency.
We can see that Biden's trend for carefree spending and debt will greatly exceed Trump's and come close to matching Obama's eight years within just four years of "effort".
The current projection for 2027, four years from now, is looking like @$43.3 trillion!

https://www.usdebtclock.org/current-rates.html

About another $16.8 trillion from when Trump left office.
Sorry Charlie, but Democrat's still hold the prize for running up Debt and Inflation.

 

[Stryder50]

Donald Trump And The Fed Are Destroying The U.S. Dollar

The U.S. dollar has taken a beating this week, dropping almost 4% against a basket of currencies—its biggest weekly loss since the height of the global financial crisis over 10 years ago...

www.forbes.com

From date March 28, 2020. First sentence, in text of your link, is more informative than the headline.;

"It's been an historic week for the U.S. with president Donald Trump signing a record $2.2 trillion coronavirus-induced emergency stimulus package."

Would be helpful if you were less disingenuous.

 

[Stryder50]

Like when Trump had the oil companies cut production and shut down refineries when they laid off thousands because of the closed economy that Trump presided over?

States Rights via Democrat governors and legislatures were the ones whom mandated the lockdowns and shutdowns of the "non-essential" wealth producing private sector of the economy. The left most guv'mint workers ("essential") employed, ran up state deficits and debt, then turned to the Federal government to bail them out. Essentially a large dose of duress and blackmail that threatened to wreck the economy further, unless the Fed covered the state's asses.

Classic "caught between a rock and hard place".

 

[HikerGuy83]

You don't think that increased inflation a lot?

Trump presided over the biggest fake money print in US history.
Trump presided over the biggest US deficit inc in US history.
Trump presided over the biggest fake money handouts and stimulus handouts in US history.

Republicans are going to try and claim that didn't inc inflation? Of course that is going to increase inflation.

Meanwhile Biden is presiding over a massive interest rate inc, a massive FED tightening and FED balance sheet reduction, and the annual deficit has dropped from the massive $3+T/yr in 2020, down to $1.3T/yr in 2022.

This is another example of republicans trying to blame democrats for their policy failures, just like with the war in Iraq or the Bush crash.

https://www.yardeni.com/pub/fedbal.pdf

Wow....now we are actually posting that a president isn't responsible for things that happen on his watch.

Kinda like oil ?

Thanks for admitting it.

But somehow it is the Bush crash (and, mind you, I loathe GWB). When he had a democratic senate and house ? But let's put his name next to it.



We, as Americans, get what we vote for. And we vote a clown show off to D.C. every two years.

Ever think the problem might just be "us" ?

 

[The Banker]

debate you?.....you say the same shit whenever someone disagrees with you.....and i have asked you many a time to prove what you say about me always supporting the GOP...im still waiting by the way....

Pretty much most posts you make defend the GOP in some capacity

You still can't even admit the republicans have ramped up deficit more than democrats.
You can't admit Bush and Trump increased the deficit every year of their presidencies, and increased it substantially compared to what they inherited form their predecessor.


99% of you post is some form excuse/defense for GOP failure.

 

[Harry Dresden]

Pretty much most posts you make defend the GOP in some capacity

You still can't even admit the republicans have ramped up deficit more than democrats.
You can't admit Bush and Trump increased the deficit every year of their presidencies, and increased it substantially compared to what they inherited form their predecessor.


99% of you post is some form excuse/defense for GOP failure.

but yet you cant show me one.....how come?.....give me an example?.....thats all i ask?....you say in some capacity?....you mean because i feel both parties suck pretty equally you look at that as defending the GOP?..wouldnt that mean i am defending the democrats too?...or does it mean i think both parties this century are both useless piles of shit?...lets here it banker...

 

[Nostra]

Inflation was 1.4% when Trump left office.

Tater fucked that up too.

Budeniomics suck.

 

[postman]

States Rights via Democrat governors and legislatures were the ones whom mandated the lockdowns and shutdowns of the "non-essential" wealth producing private sector of the economy.

You realize Trump handled the economy, like the captain handled the evacuation of the Titanic. Leaving it to the individual lifeboat station, who produced a disarray of evacuations including launching half empty, and others overcrowded.

There should have been a captain organizing the operation.

 

[postman]

Inflation was 1.4% when Trump left office.

Tater fucked that up too.

Budeniomics suck.

Unemployment was 6.3% when Trump left office

Biden f*ck*d that up too, by lowering it below 4%

 

[AyeCantSeeYou]

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