whitehall
Diamond Member
Look it up. He already did it. Cheap energy is part of the agenda while mentally impaired Biden and giggly Kammie think windmills and gigantic batteries are the future.
What Is Trump's Plan To Reduce Inflation?
- Thread starter g5000
- Start date
Man With A Plan
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For starters? He bought Twitter and brought some fairness to that platform!
Lesh
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Trump’s Ideas Worse On Inflation, Manufacturing And The Deficit: Economists
The Wall Street Journal’s periodic survey showed widespread skepticism about the former president’s tariff proposals.
Man With A Plan
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It's got to be embarrassing to be one of those "economists" constantly being called on by the left to proclaim Trump's economic policies don't work...only to have them work really well when he's in office! I mean at some point...do they stop taking that phone call? "Sorry...he doesn't live here anymore!" Click!Trump’s Ideas Worse On Inflation, Manufacturing And The Deficit: Economists
The Wall Street Journal’s periodic survey showed widespread skepticism about the former president’s tariff proposals.www.huffpost.com
Lesh
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So in rebuttal to actual economists… we have… YOU
Arlette
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Remember his 2016 plan to eliminate the national debt? Trump proposed to give the national debt "a haircut", meaning defaulting on our obligations. That's a stable genius for you. Trump will have another stable genius solution for inflation.When Don-old Trump was failing to grow the economy by his promised 6 percent despite massively overspending to artificially juice GDP, he demanded the Federal Reserve go negative with interest rates.
Of course, if the Fed had done that, the current inflation would be much worse than it is now. As it is, the Fed held interest rates too low for too long in the midst of a record-breaking demand surge, and that is what caused inflation.
I've heard Trump whining about inflation, even deflecting blame from himself, and putting it all on Biden as if inflation happens at the flip of a switch.
From Trump's campaign web site: Joe Biden is the destroyer of America’s jobs and continues to fuel runaway inflation with reckless big government spending.
How hilarious is that coming from the guy who ran up more debt than Biden and demanded the Fed go negative?
Of course, the cult suffers literal blindness when it comes to Trump's massive overspending and so this talking point suckers them all.
Trump proposes record-high $4.7 trillion budget
Trump says he wants a bigger stimulus package than the $2.2 trillion amount that Democrats are seeking
"reckless big government spending" anyone?
But I have never heard Trump actually put forth an answer to inflation. This is like his non-existent replacement for Obamacare all over again, folks.
Trump has no solutions for anything. Just bloviating bullshit.
Not even the Heritage Foundation has a solution in their 922 page manifesto. All they do is complain about inflation. They do not offer a solution.
That's because we are already well into the one and only solution, and that solution is raising interest rates until inflation comes down to the target 2 percent.
People can bitch and whine about Biden and interest rates to score political points with the ignorant clamoring mob, but that's the only way to get the job done, kids.
Reagan went through the same thing, even more so. Inflation was much worse in the 70s and early 80s and so Paul Volker raised interest rates into the double digits, and this caused a deep recession.
You think things are bad now? Inflation reached 13.3% in 1979, so Volker raised interest rates to 18% in 1980, then 12.5% in 1981. It took until 1990 before we saw interest rate of 4 percent. Inflation didn't drop below 2 percent until 1996!
Reagan was put under severe pressure for this, but he understood the short term pain was necessary.
Once inflation was under control, America experienced an economic boom which lasted decades.
At least we are experiencing a soft landing compared to what we went through in the 80s.
Pay attention to how Trump bullshits the crowd. "You're gonna have this", "you're gonna have that", "like you've never seen before". The greatest. The best. Some people are saying.
Claims. Just claims. Never any actual details. Never any white papers. Never any actual plans laid out.
He's a huckster. It's what he does.
It's a hallmark of the dangerously stupid to come up with easy solutions to complex problems that all the experts somehow missed.
justoffal
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- Jun 29, 2013
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It begins with cheap energy and stopping handouts to people who give nothing back.....moves over into fucking stooooopid regs on business
Like a quota for hiring green haired nonbinaries....and getting us to hell out of the wars.
LAUGHatLEFTISTS
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- Jan 22, 2020
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Trumps plan is to do the exact opposite of the dems. Works every single time.When Don-old Trump was failing to grow the economy by his promised 6 percent despite massively overspending to artificially juice GDP, he demanded the Federal Reserve go negative with interest rates.
Of course, if the Fed had done that, the current inflation would be much worse than it is now. As it is, the Fed held interest rates too low for too long in the midst of a record-breaking demand surge, and that is what caused inflation.
I've heard Trump whining about inflation, even deflecting blame from himself, and putting it all on Biden as if inflation happens at the flip of a switch.
From Trump's campaign web site: Joe Biden is the destroyer of America’s jobs and continues to fuel runaway inflation with reckless big government spending.
How hilarious is that coming from the guy who ran up more debt than Biden and demanded the Fed go negative?
Of course, the cult suffers literal blindness when it comes to Trump's massive overspending and so this talking point suckers them all.
Trump proposes record-high $4.7 trillion budget
Trump says he wants a bigger stimulus package than the $2.2 trillion amount that Democrats are seeking
"reckless big government spending" anyone?
But I have never heard Trump actually put forth an answer to inflation. This is like his non-existent replacement for Obamacare all over again, folks.
Trump has no solutions for anything. Just bloviating bullshit.
Not even the Heritage Foundation has a solution in their 922 page manifesto. All they do is complain about inflation. They do not offer a solution.
That's because we are already well into the one and only solution, and that solution is raising interest rates until inflation comes down to the target 2 percent.
People can bitch and whine about Biden and interest rates to score political points with the ignorant clamoring mob, but that's the only way to get the job done, kids.
Reagan went through the same thing, even more so. Inflation was much worse in the 70s and early 80s and so Paul Volker raised interest rates into the double digits, and this caused a deep recession.
You think things are bad now? Inflation reached 13.3% in 1979, so Volker raised interest rates to 18% in 1980, then 12.5% in 1981. It took until 1990 before we saw interest rate of 4 percent. Inflation didn't drop below 2 percent until 1996!
Reagan was put under severe pressure for this, but he understood the short term pain was necessary.
Once inflation was under control, America experienced an economic boom which lasted decades.
At least we are experiencing a soft landing compared to what we went through in the 80s.
Pay attention to how Trump bullshits the crowd. "You're gonna have this", "you're gonna have that", "like you've never seen before". The greatest. The best. Some people are saying.
Claims. Just claims. Never any actual details. Never any white papers. Never any actual plans laid out.
He's a huckster. It's what he does.
Arlette
Diamond Member
- Jul 6, 2023
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Trump's plan to fight inflation is to raise the price of consumer goods for Americans.
justoffal
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- Jun 29, 2013
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You mean like they've been going up for the past 3 years?
BluesLegend
Diamond Member
Biden/Kamala/Dem 40 year high inflation across the board and these Dem trash dare talk about Trump.
justoffal
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- Jun 29, 2013
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Never mind.... that sign at Harris's rally the other day was freaking hilarious. A new direction? Lol
Arlette
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- Jul 6, 2023
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I am waiting for gas to be under $1 per gallon. I'm hoping it will be soon.
LAUGHatLEFTISTS
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- Jan 22, 2020
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Nope. Which Storm *Joe and Cackling Clueless Kammie already raised the prices of consumer goods for Americans.
It's due time to increase wages.
Arlette
Diamond Member
- Jul 6, 2023
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Trump wants to slap a tariff on all imported goods. That raises prices. Another term for rising prices is inflation.
LAUGHatLEFTISTS
Diamond Member
- Jan 22, 2020
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It’s not the federal governments job to increase wages.
Agreed. But we don't need people doing those jobs either.
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