The bottomless debt and asset inflation Trump inherited was not a sign of a strong and growing economy.
How can you call a countries economy Strong when its lending its money for near zero interest? It’s a deeply flawed idea that’s not sustainable in the long run. Obama’s fed tried to placate this worry that the QE and low rates were temporary.
Well here we are. 12 years after 2008 and we are back to zero % rates and more QE that doubles the national debt every Presidents term limit.
The Truth is the economy began to show signs of cracking in dec 2018 with the yield curve reversal when Trumps fed tried to raise rates above a measly 2%. A healthy economy would not do this. The economy hasn’t been healthy since early 2000s
His tax cut only made the bottomless debt situation you mentioned even worse. Every Republican administration wants to cut taxes. I don’t know how they can look at themselves in the mirror and still call themselves conservatives.
They didn’t try. They did. And they found out that they couldn’t because as soon as they did the economy started to crumble. So was Trump justified in not wanting to
The bottomless debt and asset inflation Trump inherited was not a sign of a strong and growing economy.
How can you call a countries economy Strong when its lending its money for near zero interest? It’s a deeply flawed idea that’s not sustainable in the long run. Obama’s fed tried to placate this worry that the QE and low rates were temporary.
Well here we are. 12 years after 2008 and we are back to zero % rates and more QE that doubles the national debt every Presidents term limit.
The Truth is the economy began to show signs of cracking in dec 2018 with the yield curve reversal when Trumps fed tried to raise rates above a measly 2%. A healthy economy would not do this. The economy hasn’t been healthy since early 2000s