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Politics : The Trump Presidency
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longz
To: Steve Lokness who wrote (357025)12/14/2025 10:15:59 AM
From: Thomas M.1 Recommendation  Read Replies (2) of 357469
 
The government stimulated - the first two rounds of stimulus was during trumps term. So of course much of the stimulus that caused the following inflation was created by trump.
Trump's stimulus wasn't inflationary. Inflation exploded when Biden took office and began spending money like a drunken sailor.

By the time Biden took office, the pandemic was over. The economy was roaring (Q3 GDP growth was 35%, Q4 was 4%). and the vaccine had ended people's fears about Covid.

Biden's response to this roaring economy? He lied and said the economy was still weak, as an excuse to spend trillions more (bribing his voters).

The CPI chart tells the story:



Tom
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