I’d give any president a pass since they generally have **** all to do with these things.
Biden deserves all the blame he gets for inflation for dumping gasoline stimulus onto an economy that didn’t need it just as Trump deserves all the blame he gets for blowing up the deficit with TCJA and dumping the same. Actually, what Trump did paved the way for what Biden did as he burned up all political capital for controlling deficit, so you can blame Trump for Biden’s inflation if it makes you feel better.
The first part of your post is correct. Which is why it's dumb to vote based on stuff being cheaper under trump.
The second part of your post is way off. Now giving people more money (stimulus checks) can and does often effect the demand side of things and can hurt inflation. And I guess trump and Biden could have chose not to give those checks and instead went with more homelessness and higher crime instead. Remember that those checks were given because many peoples income was severely limited by government shutdowns (this also lowered prices on things due to demand decreasing) and they were going out to those of us who make the least amount of money in the first place with the idea being that the money would be spent on necessities and paying bills.
What you fail to mention here is the real cause of inflation. Worldwide production shutting down. Supply severely going down across the entire world. See, Biden and trump didn't give stimulus checks to China, Italy, Spain, Germany etc. but all those countries have worse inflation and worse economies than we do.
trump basically won this election because of world-wide production shutdowns that happened during his administration lol.
Now you are probably like most people and would rather not give any validity to information provided to you by someone else so lets just forget everything I posted and go with your theory that stimulus checks caused all the issues (even though I already pointed out that stimulus checks are not the common denominator in the worldwide inflation and recession we are seeing. Limited supply/supply chain issues are the common denominator). Even with stimulation of the economy being the driving force for inflation people are still voting for trump for stupid reasons. Eliza Huge said he is voting for trump because trump will put more money in our pockets and give us more spending power to afford these high prices! Sounds like trump is going to stimulate the economy by giving us more money. Which according to you will cause inflation (I agree btw). If trump cuts taxes across the board then we will all have more money (the deficit will balloon but no one REALLY cares about that) and we will all spend more which is great but the market will have to adjust to the higher demand and raise prices eventually to balance it out. More inflation.
People want their cake and eat it too. They want lots of money AND low prices. Those two things are conflicting things in a capitalistic economy. If you want low prices then the best way to achieve that is to make us all have less money causing lower demand. If you want high prices then a great way to do that is to make us all have lots of money to spend causing high demand. Now there can be brief periods of time when we have both lots of money and low prices (relative to the amount of money we have). But the market eventually will correct that utopia economy. In trumps first term when he took over, the economy was already taking off. Prices were low and we were making good income as well. trump decided to throw gasoline on the economy by lowering taxes (he stimulated an economy that didn't need stimulation). When the economy is doing great this a good time to actually raise taxes but trump does things that benefit trump first before America and he didn't want a good strong economy. He wanted the best economy of all time and wanted credit for it and didn't care about long term repurcussions.
He probably has the same plan this time around. Cut taxes everywhere and put more money in our pockets which will boost (stimulate) the economy artificially and get him a bunch of praise from morons. Then eventually the market will correct and prices will go up to balance things just in time for a new president to take the blame.
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