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No, they brought down inflation rate, which spiked after the pandemic and increase of international tariffs. But maybe you are the type blinded by political out
by greenhearth 3y ago
No, they brought down inflation rate, which spiked after the pandemic and increase of international tariffs. But maybe you are the type blinded by political outrage
- WalterBright 3y agoYou might want to look at a chart of deficit spending: https://fred.stlouisfed.org/series/FYFSD https://fred.stlouisfed.org/series/FYFSD What do you think a $3,200,000,000,000 deficit in just one year might mean to the economy? Do you see the part where the deficit dropped to $1,300,000,000,000 and "they brought down the inflation part"?
- seanmcdirmid 3y agoYour chart shoes deficit spending going down since Biden took office (lower means more negative). The -$3,200,000,000,000 deficit number you quote happened in 2020, Biden was sworn in in 2021. I’m not clear about the point you are trying to make.