Trump Policy has Given us this Inflation

[Dekster]

Trump gave us 25% of our total debt in just 4 years.
Trump started with a $600B deficit and ramped that up to $1T/yr precovid, then ramped it even more post covid, begging Congress for even more stimulus and money handouts
Trump also had insane world record FED fake money printing

I would love for somebody to explain to us how doing all that would not cause inflation?? DeSantis said it best in the debate, Trump had $7T in debt and caused the inflation we have now.

LUCKILY, Biden has lowered the mega massive Trump deficit of $3+T/yr down to $1.3T/yr last year. Biden also has Quantitative Tightening, removing all the fake money Trump needed from the system.
For these reasons inflation has plummeted and is now down to a little +0.1% MoM in core PCE, the FED's target. Now that inflation is coming in at the FED's target, they will be able to cut rates, we will have a soft landing, and the economy will boom like it did in 1995 after Bill Clinton's Soft Landing.

Biden is taming Tumpflation and lowered it all the way down to +0.1% MoM, reversed Trump's massive fake money printing, and has the economy ready for a Bill Clinton soft landing boom.

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View attachment 836722

President Trump has Signed $4.7 Trillion of Debt into Law | Committee for a Responsible Federal Budget

2020-01-08-Our US Budget Watch 2020 project analyzes, estimates, and explains the fiscal implications of proposals introduced during the presidential campaigns.

www.crfb.org

Somebody has to pay for that stimulus and all the goodies in Nancy Pelosi's ice cream vault. Might as well be our great grandchildren.

 

[Votar Roja]

BIDENFLATION

 

[Votar Roja]

BIDENFLATION

 

[Votar Roja]

Bidenflation Sequel: Another Horror Film​

Bidenflation Sequel: Another Horror Film

Like Dracula rising from his coffin to haunt the living, inflation is returning with a vengeance. While the Biden administration has been busy taking credit for inflation coming down—after conspicuously denying culpability for running it up to 40-year highs in the first place—President Biden is...

www.heritage.org

 

[Votar Roja]

Bidenflation: State by State

Prices have been soaring since Biden took office. Inflation is costing American families hundreds more per month, totaling thousands per year.

thefga.org

 

[Oddball]

 

[Votar Roja]

The big take away is . . . . .

The big take away is that your thread is 100% lies

 

[BluesLegend]

I see no evidence the OP's lies are easing. Yet another fake news thread.

 

[BluesLegend]

Dems change all of Trump's policies...nearly 3 years into the new Dem policies everything is the fault of Trump's old policies they changed.

 

[The Banker]

Somebody has to pay for that stimulus and all the goodies in Nancy Pelosi's ice cream vault. Might as well be our great grandchildren.

How do you blame Pelosi when trump signed all those bills and the GOP Senate passed all those bills.

Trump and the GOP Senate held the majority and they had the most power. Also trump begged Congress for even more stimulus and more money handouts, so obviously he is responsible for that.

Trump ramped up the deficit massively before Pelosi, AND he begged Pelosi for even more money and stimulus.

Stop blaming Pelosi for Trump's policies. Trump did this, and he owns it.

 

[The Banker]

I see no evidence the OP's lies are easing. Yet another fake news thread.

except the official data that came out friday that said core PCE is down to +0.1% MoM

you are in denial

 

[BluesLegend]

except the official data that came out friday that said core PCE is down to +0.1% MoM

you are in denial

You skipped over all the lies you told in this thread including the thread title.

 

[Dekster]

How do you blame Pelosi when trump signed all those bills and the GOP Senate passed all those bills.

Trump and the GOP Senate held the majority and they had the most power. Also trump begged Congress for even more stimulus and more money handouts, so obviously he is responsible for that.

Trump ramped up the deficit massively before Pelosi, AND he begged Pelosi for even more money and stimulus.

Stop blaming Pelosi for Trump's policies. Trump did this, and he owns it.

The House controls the purse strings. Nancy shredded fiscal responsibility. You should be calling it Pelosiflation.

 

[Crepitus]

100% LIES
You are the perfect Democrat. You can tell giant lies without a care in the world.

BidenFlation is ruining the economy and everyone knows it.
View attachment 836724

Consumer spending and confidence are up. Unemployment is down. Deficit is reducing. Manufacturing is up.

Which part of the economy is bad again?

And as for your chart, the economy doesn't work that fast. The economy we see today is still reacting to changes made months and sometimes even years ago. This is tRumpflation, make no mistake.

 

[BluesLegend]

Now in factual news on inflation...

Key Fed inflation gauge accelerated again in August as high prices persist - An inflation measure closely watched by the Federal Reserve ticked higher in August as steep prices continue to squeeze millions of U.S. households.

The personal consumption expenditures (PCE) index showed that consumer prices rose 0.4% from the previous month, according to the Labor Department. On an annual basis, prices climbed 3.5% — up from 3.3% recorded the previous month

The Fed skipped a rate hike during its two-day meeting last week, but signaled that another rate hike is on the table this year. "We're prepared to raise rates further

 

[The Banker]

The House controls the purse strings. Nancy shredded fiscal responsibility. You should be calling it Pelosiflation.

View attachment 836749

The Senate and President also control the purse strings.

The Senate and president had the authority to vote against Trump's big time spending, but they did the opposite and tried to get even more spending.

Trump has final say on everything. Bill Clinton vetoed bad budgets and force the House to make a balanced budget, thus giving Bill Clinton the only balanced budget in a long time. Bill Clinton gave us the balanced budget, because he used the veto.

Republicans always need to blame others for their policy.

Trump is most responsible for his massive debt and deficits (and therefor inflation), you just can't admit it

 

[sparky]

~S~

 

[The Banker]

Now in factual news on inflation...

Key Fed inflation gauge accelerated again in August as high prices persist - An inflation measure closely watched by the Federal Reserve ticked higher in August as steep prices continue to squeeze millions of U.S. households.

The personal consumption expenditures (PCE) index showed that consumer prices rose 0.4% from the previous month, according to the Labor Department. On an annual basis, prices climbed 3.5% — up from 3.3% recorded the previous month

The Fed skipped a rate hike during its two-day meeting last week, but signaled that another rate hike is on the table this year. "We're prepared to raise rates further

Hey liar, you are quoting the non-core data, which is not used by the FED and not an accurate representation of the whole picture.

You are posting misleading BS, most likely from fake Fox news
What you seem to realize is that the FED bases its policy decisions on the core PCE, not the non-core, and they will cut rates if core PCE is at the same levels.

 

[Harpy Eagle]

100% LIES

Ron DeSantis disagrees with you.

 

[BluesLegend]

Hey liar, you are quoting the non-core data,

Oh God the stupidity.