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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (255246)10/25/2022 8:44:45 AM
From: Brumar894 Recommendations

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combjelly
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  Read Replies (1) | Respond to of 362912
 
After Trump's record setting rise in the national debt, inflation was in the cards. If he'd had eight years, America woud've had to default .... which btw he floated as an idea during his first campaign.

The national debt increased by almost 36% during Trump's tenure
https://www.thebalancemoney.com/trump-plans-to-reduce-national-debt-4114401




Trump Added More to the National Debt Than Obama and Bush

DROWNING IN DEBT

The fiscally irresponsible 45th president somehow bloated deficits more in four years than his predecessors did in eight.

https://www.thedailybeast.com/trump-added-more-to-the-national-debt-than-obama-and-bush





To: i-node who wrote (255246)10/25/2022 12:47:43 PM
From: combjelly  Respond to of 362912
 
Sure, inflation is a broader measure. But the point still stands that when demand exceeds supply, prices go up. When supply across broad categories occur, like post-pandemic, you have inflation. Just like in the 1970s.

Duh.