All part of Trump's past fiscal disaster.
Monday, July 8, 2024
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9 comments:
The growing national debt is clearly a problem, but not at the top of my worries about a Trump presidency.
Laurie
Pretty much everything Republicans favor in the area of economics would lead to higher prices. Often the point of what they want to do is to raise prices.
--Hiram
Republicans have pretty much abandoned the national debt as an issue.
--Hiram
That is what I am thinking...
Trump will cause higher inflation...
Then he will complain when the FED raises rates...
So much of what Trump proposes in the economic sector isn't just inflationary, it is intended to be inflationary. The whole point of protectionism is that it reduces competition, allowing business to raise prices.
--Hiram
I am focused on a bigger picture of how terrible a second term Trump presidency would be. I do believe a large groupof economists have criticized his economic plan , as much as he has one.
Laurie
I am not sure it would be much different the first one...
Unless the DEMs lose the House and Senate. :-O
I think the competent people around him in the first term limited the damage he did. I think he will have competent people around him ina second term helping him carry out an extreme agenda. If Dems win the house and Senate that should at least slow him down.
Laurie
It is too bad the DEMs let SO MANY asylum seekers in during the past 3+ years.
It gave the GOP a big opening...
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