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so if trumps 2.2 was bad, what do you think supercharging that was?
it’s like i filled a bathtub 80% and left. and then you come and add 120% of its capacity and overflow it. Then blame me for filling 80%
and btw the context in 2020 was differnt, we had to act and we were unsure about pandemic. biden’s spending was after we had a vaccine and knew the extent
and then he’s some quite a few other things. even his halting student loans is quite costly. and forgiving them would have been a lot more
I’m not a trump fan, and he spent like crazy too, but Biden was next level. Stimulus after stimulus and actual helicopter money. And it was under his time that the fed decided inflation was “transitory”.
Well it wasn’t.
Being that we have more traditional politicians in power, they aren't pushing the Fed to keep rates low and allowing them to do their job in bringing the market back under control.
The problem is that while inflation, aside from COVID, didn't happen under the Trump Administration, his public commentary and public policy have very likely driven more inflationary effect today. That's not a question nor a surprise.
Every executive has pushed for low interest rates since then and Greenspan, bernanke and everyone else complied.
This is not a trump issue, it’s also not a Biden issue, but Biden certainly exacerbated the problem more than trump.