Electrum1
Bluelighter
- Joined
- Nov 22, 2021
- Messages
- 29,140
Trump tried to refinance the national debt when interest rates were near historical lows and congress blocked it. Now we have to refinance it at much higher rates and just our annual interest payments are already near $1T, more than the entire defense budget. How does that NOT cause inflation?you do realize that inflation and cost of goods are two really complex topics that are not really under the control of a president, and that trump has 0 elucidated plan for "makin stuff cost less" -- There's ample evidence that a lot of what we are experiencing stems mainly from corporate greed/price gouging rather than the inflation itself.
Only one party works at all with corporate accountability, and it sure as fuck aint the repubs. Other than that - if we had had Don or any other R our recovery from the pandemic would have been terrible, and we'd likely still be suffering from much higher rates as well.