Clinton left a booming economy and projections to reduce, if not eliminate, the national debt in 10 years. Then came another Bush. Bush left a shitty economy for Obama, through bullshit tax breaks for the rich during a time of bullshit military spending among other dumb actions. Obama fixed things. trump inherited a booming economy from Obama, and slowly (maybe quickly) ruined it through gross incompetence. Biden inherited a shit economy and inflation from that moron, trump. After dealing with fallout from stupid trump policies (that’s being generous), Biden managed to turn things around and the economy was once again doing pretty good. Now that dipshit trump will give his idiot voters and the rest of us another shitty economy that the next Dem will have to try to fix. The wheels on the bus go round and round.
Consumers don’t relate low inflation to bad inflation but as you can see the fed wasn’t able to hit its target all of 2020. That’s a really bad sign by itself, the US is very lucky that it never got a true recession/depression.
Pretty sure inflation went crazy under biden
Clinton left a booming economy and projections to reduce, if not eliminate, the national debt in 10 years. Then came another Bush. Bush left a shitty economy for Obama, through bullshit tax breaks for the rich during a time of bullshit military spending among other dumb actions. Obama fixed things. trump inherited a booming economy from Obama, and slowly (maybe quickly) ruined it through gross incompetence. Biden inherited a shit economy and inflation from that moron, trump. After dealing with fallout from stupid trump policies (that’s being generous), Biden managed to turn things around and the economy was once again doing pretty good. Now that dipshit trump will give his idiot voters and the rest of us another shitty economy that the next Dem will have to try to fix. The wheels on the bus go round and round.
Caused by Trump over stimulating the economy and injecting cash while it was booming.
Consumers don’t relate low inflation to bad inflation but as you can see the fed wasn’t able to hit its target all of 2020. That’s a really bad sign by itself, the US is very lucky that it never got a true recession/depression.