More inflation is coming our way:
This is the reaction to the election wipeout on Tuesday. It’s a reaction borne of fear and panic. There’s not an iota of thinking behind it.
Fear and Panic
Opinions, art, debate
Opinions, art, debate
More inflation is coming our way:
This is the reaction to the election wipeout on Tuesday. It’s a reaction borne of fear and panic. There’s not an iota of thinking behind it.
Clarissa's Blog 
Do not panic, the same thing will happen to these 2000-dollar checks as happened to Musk/DOGE 5000-dollar ones. (Yes, I am so old I remamber THAT time.)
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Massive inflation?
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Where are you from?
Those checks never materialized. Because DOGE never saved 5000 x 340,000,000.
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Conflated with the COVID checks. Apologies.
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We’ve all seen those checks. I don’t understand why we are debating whether Trump can create inflation by mailing out checks when he already did exactly that.
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Trump started the current inflation by mailing out COVID checks. He can do it again, unfortunately. But let’s remain hopeful that he won’t.
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I don’t think he really cares about inflation. He is absolutely obsessed with the stock market and 401k. That’s all he really cares about.
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The national debt increased approximately $7.8 trillion only in his first presidency. He basically single-handedly increase our national debt by about 40%. Truly astounding. I see he’s trying to beat that number.
And yes yes democrats are not any better, but I still remember when Republicans were about reining in the national debt and fiscal conservatism.
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The only way for Trump to avoid increasing the national debt was to ignore COVID completely. While now it’s clear that this would be the best decision, would anybody have said this in 2020?
Let’s not pretend that there wasn’t a completely abnormal situation that needed addressing.
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He increased the national debt by $3.2 trillion between January 2017 and 2020. It’s not any better.
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Disaster averted!
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what an awkward walk-back.
Relieved though.
Pulte’s still out there defending 50yr mortgages…
-ethyl
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My husband actually predicted that Trump was doing this on purpose, putting out feelers to gauge the reaction and then pull back if the reaction was bad.
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Makes sense. Direct paychecks make for much better publicity.
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Tax decreased paid by tariffs actually makes a lot more sense.
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I’m definitely for tax decreases instead of crazy payouts. Let’s motivate those who actually pay into the system.
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