President Joe Biden is opening a new line of attack against former President Donald Trump this week, flipping the script on the classic Reagan-era “Are you better off than you were four years ago?” question to remind voters of life during his predecessor’s tenure.
The ironic thing is that anyone really paying attention would know that almost all the negative things about 2024 are due to long term impacts of the trump administration.
I don’t think I’ve seen anyone saying he caused inflation. Just that he’s trying to tell everyone he won the economy and everything is back to normal. There are multiple articles now with his allies and staffers wondering why the people aren’t on board with that message.
Not entirely fair. They are the result of things that happened under the trump admin. Most of it was done by the fed. And more importantly, many more people would be suffering way worse right now had they not done anything.
The ironic thing is that anyone really paying attention would know that almost all the negative things about 2024 are due to long term impacts of the trump administration.
You give people far too much credit.
For all you inflation heads out there…
US M0 money supply was $3.6T in January 2017 when Trump took office.
It was $5.25T in Jan 2021 when he left office, a 45% increase in the money supply.
As of December 2023 it was $5.83T, an 11% increase under Biden.
So if we’re saying increased money supply caused inflation, the Trump admin is about 4x more responsible for it than the Biden admin.
I don’t think I’ve seen anyone saying he caused inflation. Just that he’s trying to tell everyone he won the economy and everything is back to normal. There are multiple articles now with his allies and staffers wondering why the people aren’t on board with that message.
Literally every republican says this
Well there’s your problem. Stop listening to them.
Not entirely fair. They are the result of things that happened under the trump admin. Most of it was done by the fed. And more importantly, many more people would be suffering way worse right now had they not done anything.