Trump Policy has Given us this Inflation

[Sixties Fan]

I have had this discussion with my conservative friends already. When Trump spent money, it was just cause he needed to. When Biden does it he is buying votes. Simple.

Trump knows how to spend money and lose business, like the Casinos, the Trump Charity, Trump University, Trump Org.

Biden has experience in running a country and making the economy better, as he has been doing the past 2 years.


Laugh away, it will not change the facts.

 

[easyt65]

Trump was the king of debt, deficits, fake money, FED stimulus, and handouts. Trump oversaw the largest increase in US debt, deficits, and FED balance sheet increase in US history. Trump policy created the housing bubble, and Trump policy handed $trillions to people.
Trump did this before covid, in 2017 he passed the $5 Trillion stimulus bill that greatly added to our deficits and hand outs. Trump continued this all through out his presidency.
Trump was the handout president, and the debt president, and the deficit president, and the FED fake money printing president.

AND every step of the way Trump begged the FED and Congress for more money.

In 2017, Trump borrowed $ 4.7 trillion to pay for his massive tax cut act
In 2019, Trump borrowed Trillions to and ramped up deficits to pay for all of his new spending bills.
In 2019, Trump attacked Jay Powell for not cutting rates enough and begged for more stimulus:

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

In Oct 2019, the FED instituted QE again, because Trump's economy was so weak he needed even more stimulus.
In 2020 Trump broke the bank and borrowed $ trillions to give handouts to all his buddies and caused the housing bubble.

Trump's policy gave us these massive deficts, massive FED fake money balance sheet inc, and massive fake money handouts.

This all happened both before and after covid. Covid is not an excuse at all.
Biden has lowered the annual deficit from the $3T he inherited form Trump and Biden has paid for his spending by other cuts and tax increases on the ultra-wealthy.

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

Trump policy caused this inflation, Trump policy caused these deficits, and Trump policy caused the biggest FED balance sheet inc in US history, yet all the republicans try to spin and lie to blame Biden.

You DO know Biden has been President for OVER 2 YEARS now, right?

And that everything he has done has been akin to Captaining the Titanic.

When I think of Biden I think of the oil tanker captain of the Exon Valdez that ran aground in Alaska - drunk, supposed to be in charge but absent from command.

Biden was supposed to be tbe President, but while he has been in the basement his socialist hyperactive liberal extremist kids have been 'driving' the RV.

 

[Oddball]

Biden has experience in running a country and making the economy better, as he has been doing the past 2 years.


Laugh away, it will not change the facts.

 

[Sixties Fan]

So...

Trump spending inflationary and bad. Biden spending not inflationary and good.

Because.

And you think you are any different than the Trump simps. No, Banker, you are identical except you shill for the other side. It is always telling when a left or right winger points at the other side and bitches about supporting the exact same things they support.

Trump did not know economy. Biden knows economy.

Deficit, the paying off what is owed, is down with Biden. It went up with Trump. Do the math and stop believing that Trump and his administration were interested in bringing the deficit down, considering how much they spent, and what needs to be paid by raising the debt ceiling which is meant to pay for what Trump already had spent.

 

[SassyIrishLass]

Trump knows how to spend money and lose business, like the Casinos, the Trump Charity, Trump University, Trump Org.

Biden has experience in running a country and making the economy better, as he has been doing the past 2 years.


Laugh away, it will not change the facts.

Except it's a shit economy

 

[Oddball]

Trump did not know economy. Biden knows economy.

Deficit, the paying off what is owed, is down with Biden. It went up with Trump. Do the math and stop believing that Trump and his administration were interested in bringing the deficit down, considering how much they spent, and what needs to be paid by raising the debt ceiling which is meant to pay for what Trump already had spent.

 

[YoursTruly]

I have had this discussion with my conservative friends already. When Trump spent money, it was just cause he needed to. When Biden does it he is buying votes. Simple.

Gave $500 billion to black communities, just because they were black communities. (The Platinum Plan) Who's buying votes?

 

[Baron Von Murderpaws]

More LIES, LIES, LIES, and FAKE NEWS from the LUNATIC LEFTOIDS!!!
As usual.........ad nauseum.

How about some TRUTH from the actual WHITE HOUSE ARCHIVES???

========================================================

Trump Administration Achievements​

---

---

UNPRECEDENTED ECONOMIC BOOM​

Before the Coronavirus invaded our shores, we built the world’s most prosperous economy

• America gained 7 million new jobs—more than three times government experts’ projections
• Middle-class family income increased nearly $6,000—more than five times the gains during the entire previous administration
• The unemployment rate reached 3.5 percent, the lowest in a half-century
• Achieved 40 months in a row with more job openings than job hirings
• More Americans reported being employed than ever before—nearly 160 million
• Jobless claims hit a nearly 50-year low
• The number of people claiming unemployment insurance as a share of the population hit its lowest level on record
• Incomes rose in every single metro area in the United States for the first time in nearly three decades

Delivered a future of greater promise and opportunity for citizens of all backgrounds

• Unemployment rates for African Americans, Hispanic Americans, Asian Americans, Native Americans, veterans, individuals with disabilities, and those without a high school diploma all reached record lows
• Unemployment for women hit its lowest rate in nearly 70 years
• Nearly 7 million people were lifted off of food stamps
• Poverty rates for African Americans and Hispanic Americans reached record lows
• Income inequality fell for two straight years—and by the largest amount in over a decade
• The bottom 50 percent of American households saw a 40 percent increase in net worth
• Wages rose fastest for low-income and blue-collar workers—a 16 percent pay increase
• African American homeownership increased from 41.7 percent to 46.4 percent

Brought jobs, factories, and industries back to the USA

• Created more than 1.2 million manufacturing and construction jobs
• Put in place policies to bring back supply chains from overseas
• Small business optimism broke a 35-year-old record in 2018

******* Hit record stock market numbers and record 401ks

• The DOW closed above 20,000 for the first time in 2017 and topped 30,000 in 2020
• The S&P 500 and NASDAQ have repeatedly notched record highs

Achieved a record-setting economic comeback by rejecting blanket lockdowns

• An October 2020 Gallup survey found 56 percent of Americans said they were better off now than four years ago, even in the midst of a global pandemic
• During the third quarter of 2020, the economy grew at a rate of 33.1 percent—the most rapid GDP growth ever recorded
• Since coronavirus lockdowns ended, the economy has added back over 12 million jobs, more than half the jobs lost
• Jobs have been recovered 23 times faster than the previous administration’s recovery
• Unemployment fell to 6.7 percent in November, from a pandemic peak of 14.7 percent in April—beating expectations of well over 10 percent unemployment through the end of 2020
• The 8 percentage point decline in the unemployment rate from April to November is the largest seven-month reduction ever recorded
• Under the previous administration, it took 49 months for the unemployment rate to fall from 10 percent to under 7 percent, compared to just 3 months for the Trump Administration
• Since April, the Hispanic unemployment rate has fallen by 10.5 percent, Asian-American unemployment by 7.8 percent, and Black-American unemployment by 6.4 percent
• 80 percent of small businesses are now open, up from just 53 percent in April
• Small business confidence hit a new high
• Homebuilder confidence reached an all-time high, and home sales hit their highest reading since December 2006
• Manufacturing optimism nearly doubled
• Household net worth rose $7.4 trillion in Q2 2020 to $112 trillion, an all-time high
• Home prices hit an all-time record high
• The United States rejected crippling lockdowns that crush the economy and inflict countless public health harms and instead safely reopened its economy
• Business confidence is higher in America than in any other G7 or European Union country
• Stabilized America’s financial markets with the establishment of a number of Treasury Department supported facilities at the Federal Reserve

Economy & Jobs – The White House

trumpwhitehouse.archives.gov

 

[The Banker]

So...

Trump spending inflationary and bad. Biden spending not inflationary and good.

Because.

And you think you are any different than the Trump simps. No, Banker, you are identical except you shill for the other side. It is always telling when a left or right winger points at the other side and bitches about supporting the exact same things they support.

Trump spent substantially more than Biden, AND Trump had substantially more FED fake money stimulus and debt and deficit.

Trump's policies have caused this inflation more than Biden.

 

[The Banker]

Cheeto Jesus didn't print up $5 trillion over the past two years, lying cocksucker.

The FED prints the money, and the FED printed substantially more under Trump.

Right now the FED is taking money out of the system, you are just too retarded to even know how the FED/treasury/government work.

 

[Oddball]

The FED prints the money, and the FED printed substantially more under Trump.

Right now the FED is taking money out of the system, you are just too retarded to even know how the FED/treasury/government work.

TRUMP HASN'T BEEN PRESIDENT FOR OVER TWO YEARS, LYING PECKERHEAD!

 

[Baron Von Murderpaws]

TRUMP HASN'T BEEN PRESIDENT FOR OVER TWO YEARS, LYING PECKERHEAD!

Hopping around in circles........then pausing long enough to get wound up again.
ROFL

 

[Flash]

He's no banker.... well maybe one of those of the growing number who's failing

The idiot comes up with all the really stupid threads just about every day that looks like the bullshit lies we see out of the DNC.

I don't know if he/she/it is really that stupid or just trying to be a low level troll.

Regardless, there is a lot of mindless hate to go with that stupidity. Dat boy ain't quite right in the head.

 

[The Banker]

The idiot comes up with all the really stupid threads just about every day that looks like the bullshit lies we see out of the DNC.

I don't know if he/she/it is really that stupid or just trying to be a low level troll.

Regardless, there is a lot of mindless hate to go with that stupidity. Dat boy ain't quite right in the head.

All I do is post the facts and you can;t handle or accept them.

FACT:
Trump gave us 25% of our total debt in just 4 years and he spent wildly and recklessly all through out his presidency, handing out money to anyone and everyone.
FACT:
trump had the biggest fake money printing FED ever in US history
FACT:
Biden has lowered the annual deficit from Trump's reckless $3+T to only $1T/yr, a huge drop
FACT:
Trump needed QE in 2019, pre-covid because his economy was weak
FACT:
11 of the last 12 recessions all under GOP presidents and ever single GOP president has had a recession for the past 100 years.

These are all facts. I post them, you hate them.

 

[FA_Q2]

Trump did not know economy. Biden knows economy.

Neither seem to know the economy.

Deficit, the paying off what is owed,

And apparently you do not either.

 

[LA RAM FAN]

Trump was the king of debt, deficits, fake money, FED stimulus, and handouts. Trump oversaw the largest increase in US debt, deficits, and FED balance sheet increase in US history. Trump policy created the housing bubble, and Trump policy handed $trillions to people.
Trump did this before covid, in 2017 he passed the $5 Trillion stimulus bill that greatly added to our deficits and hand outs. Trump continued this all through out his presidency.
Trump was the handout president, and the debt president, and the deficit president, and the FED fake money printing president.

AND every step of the way Trump begged the FED and Congress for more money.

In 2017, Trump borrowed $ 4.7 trillion to pay for his massive tax cut act
In 2019, Trump borrowed Trillions to and ramped up deficits to pay for all of his new spending bills.
In 2019, Trump attacked Jay Powell for not cutting rates enough and begged for more stimulus:

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

In Oct 2019, the FED instituted QE again, because Trump's economy was so weak he needed even more stimulus.
In 2020 Trump broke the bank and borrowed $ trillions to give handouts to all his buddies and caused the housing bubble.

Trump's policy gave us these massive deficts, massive FED fake money balance sheet inc, and massive fake money handouts.

This all happened both before and after covid. Covid is not an excuse at all.
Biden has lowered the annual deficit from the $3T he inherited form Trump and Biden has paid for his spending by other cuts and tax increases on the ultra-wealthy.

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

Trump policy caused this inflation, Trump policy caused these deficits, and Trump policy caused the biggest FED balance sheet inc in US history, yet all the republicans try to spin and lie to blame Biden.

great excellent job of describing your hero BIDEN.

 

[The Banker]

Trump and The GOP blew up the deficit and ramped it up massively Pre-covid.
Trump had world record fake money printing, and begged the FED for more.
Trump handed out $ Trillions and Trillions to his constituents, giving them the printed fake money.
Trump gave us 25% of our total debt, and DOUBLED the FED fake money balance sheet.

Please explain how Trump or any Republican will lower inflation and what policies will they enact. All the GOP policies in the past 20 years increase debt and hand out even more money.

Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years

The “King of Debt” promised to reduce the national debt — then his tax cuts made it surge. Add in the pandemic, and he oversaw the third-biggest deficit increase of any president.

www.propublica.org

Fact check: Posts spur confusion about how much money US has 'printed'

A series of viral posts claim the U.S. has printed $8 trillion, but that doesn't line up with totals in recent years and is missing important context.

www.usatoday.com

Fed kicks off Main Street lending, balance sheet tops $7 trillion

The U.S. Federal Reserve's stash of bonds and other assets rose for the first time in more than a month, even as many of its emergency lending facilities continued to get little use and a new lending program designed to help small and medium-sized companies hurt by the coronavirus crisis got off...

www.reuters.com

 

[pknopp]

True but it got it's start under Bush and Obama really kicked it into gear, setting the table for Trump and now Biden.

 

[Mac1958]

Trump and The GOP blew up the deficit and ramped it up massively Pre-covid.
Trump had world record fake money printing, and begged the FED for more.
Trump handed out $ Trillions and Trillions to his constituents, giving them the printed fake money.
Trump gave us 25% of our total debt, and DOUBLED the FED fake money balance sheet.

Please explain how Trump or any Republican will lower inflation and what policies will they enact. All the GOP policies in the past 20 years increase debt and hand out even more money.

Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years

The “King of Debt” promised to reduce the national debt — then his tax cuts made it surge. Add in the pandemic, and he oversaw the third-biggest deficit increase of any president.

www.propublica.org

Fact check: Posts spur confusion about how much money US has 'printed'

A series of viral posts claim the U.S. has printed $8 trillion, but that doesn't line up with totals in recent years and is missing important context.

www.usatoday.com

Fed kicks off Main Street lending, balance sheet tops $7 trillion

The U.S. Federal Reserve's stash of bonds and other assets rose for the first time in more than a month, even as many of its emergency lending facilities continued to get little use and a new lending program designed to help small and medium-sized companies hurt by the coronavirus crisis got off...

www.reuters.com

He would come out with his plan to lower inflation just like he came out with that great new health plan that we were all going to love.

He's a bullshitter and his flock doesn't care.

 

[kyzr]

A political truism is that the more you spend the better your chances for re-election.
If you want to lose the next election just say you are going to cut spending and raise taxes.
I have no clue ow to get out of this fiscal mess, unless there is a "come to Jesus" bi-partisan approach.