The Second coming of Jimmy Carter as inflation rates continue to climb

anatta said:
all true. The question is when does it get back to where it was?
We had a great economy going into those damn lockdowns -
Biden seems to think pumping out more money is going to do it.. i dont
Click to expand...

Printing more money to stimulate an economy is the worst thing you can do. China is trying to do it too. All it does is create paper that is worth less than it was yesterday...inflation.

The government printing to money and causing the inflation has to pay the higher prices too. It's a trap. Now they have to print MORE money to try to keep the government running. Round and round it goes. The road to a cash crash.
 
Jimmy Carter can go to his maker knowing he won't go down in history as the worst president in history Biden has already earned that honor.
 
gemini104104 said:
Well after four years with the tRump atrocity and the destructive rampaging it has created, it is the former lawlessly hacked in tRump insurgency to look at when it comes to the issue of inflation and not the current administration that inherited tRump's economic atrocities, and to which extreme methods must be done in order to deal with the disastrous affects of the tRump curse on humanity and the global economy too:
Click to expand...
What Trump atrocities???
gemini104104 said:
Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years
Click to expand...
Trump has control of the national Debt. That's the House (Democrats).
gemini104104 said:
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.
Click to expand...
The President is not the King. The House and only the House can initiate a spending bill or authorize the issuance of bonds.
gemini104104 said:
Trump’s lesser known but profoundly damaging legacies will be the explosive rise in the national debt that occurred on his watch. The financial burden that he’s inflicted on our government will wreak havoc for decades, saddling our kids and grandkids with debt.

The national debt has risen by almost $7.8 trillion during Trump’s time in office. That’s nearly twice as much as what Americans owe on student loans, car loans, credit cards and every other type of debt other than mortgages, combined, according to data from the Federal Reserve Bank of New York. It amounts to about $23,500 in new federal debt for every person in the country.
Click to expand...
That's the House. Not Trump. As to the other numbers, see https://usdebtclock.org/.
gemini104104 said:
The growth in the annual deficit under Trump ranks as the third-biggest increase, relative to the size of the economy, of any U.S. presidential administration, according to a calculation by a leading Washington budget maven, Eugene Steuerle, co-founder of the Urban-Brookings Tax Policy Center. And unlike George W. Bush and Abraham Lincoln, who oversaw the larger relative increases in deficits, Trump did not launch two foreign conflicts or have to pay for a civil war."
Click to expand...
The House does that, not Bush, not Lincoln, not Trump.
gemini104104 said:
Hopefully efforts will be put in place to avoid making this terrible mistake again at lawlessly hacking a foreign owned tyrannical creature in there, and its also the fault of idiot voters who were partly at fault at giving foreign enemies and repukes the leverage to drop the hacked in tRump bomb on humanity as a curse.
...deleted Holy Link...
Click to expand...
HAHAHAHAHAHAHHA! You *still* believe the Russian conspiracy???? Why the hell would Putin even WANT a conservative in office???!?
 
gemini104104 said:
Actually and hopefully it will be a second coming of the powers of America coming to the rescue against the repuke, the gutter tRump sewer conspiring filth and the GQP insurrectionist enemy from within in as a imminent threat to the common decency of global humanity.
Click to expand...

Insulting whole populations are not the way to go through life, dude.
 
You must log in or register to reply here.
Back
Top