this post was submitted on 25 Dec 2023
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This is a better description of Trump's presidency than Biden's, especially right now when inflation is not out of control, and Biden has done everything he can to forgive student loans.
Trump was literally on Twitter bullying the fed chair to not raise rates, threatening to fire him. The inflation situation is very uniquely his fault.
The inflation is caused by a conglomeration of things, and mostly not from us giving out stimulus. Trump is a clown but he didn't cause the inflation.
The inflation is supply side. That means it's caused by reduced stuff, not increased money. The Russian war caused oil to skyrocket and that caused a significant amount of the inflation.
Wrong. Just... wrong. Too wrong to care to fix. You cannot say, "it's complicated, buuuuut it's this other thing and TOTALLY not the other partt of the equation!"
You are dumb if you think it is supply side only. Purely, utterly stupid.