quote:
It's kind of both of their faults, considering both signed off on trillions of government spending during COVID that had no economic productivity associated with it, resulting in the inflation we've been dealing with over the last three years.

Why either of these guys is a choice for President blows my mind.

The difference is that Trump would be deregulating, cutting the fed slow-mo strangle hold on business, opening up the oil and gas industries full tilt, cutting taxes, stopping illegal immigration and a host of things to foster business. That's how inflation was 1.4% when he left office.

Biden has done the opposite at every turn under the guidance of his gaggle of Marxist hens.

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Posted by TrueTiger

Chicken's most valuable

Member since Sep 2004

68266 posts

Posted on 5/14/24 at 11:13 am to Auburn1968

quote:
Trump would be deregulating,

Everyone should be aware that regulations are hidden taxes.

Car prices could be lowered by getting rid of airbag requirements, noise regulations, bumper regulations, fuel economy regs.

A VW bug type car could be built again and be somewhat affordable.

Yes it's more risky safety wise but so is a dead economy.

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Posted by ragincajun03

Member since Nov 2007

21424 posts

Posted on 5/14/24 at 11:20 am to Auburn1968

quote:
The difference is that Trump would be deregulating, cutting the fed slow-mo strangle hold on business, opening up the oil and gas industries full tilt, cutting taxes, stopping illegal immigration and a host of things to foster business. That's how inflation was 1.4% when he left office.

Maybe. Certainly Trump's philosophy towards the economy and business was better than what we're seeing from the current Potato in Chief.

Average Inflation Rate per Year:

2000: 3.4
2001: 2.8
2002: 1.6
2003: 2.3
2004: 2.7
2005: 3.4
2006: 3.2
2007: 2.8
2008: 3.8
2009: -0.4
2010: 1.6
2011: 3.2
2012: 2.1
2013: 1.5
2014: 1.6
2015: 0.1
2016: 1.3
2017: 2.1
2018: 2.4
2019: 1.8
2020: 1.2
2021: 4.7
2022: 8.0
2023: 4.1

Was Barack Obama's philosophy and actions towards oil & gas, taxes and other things to foster business which kept average annual inflation from 2013 through 2016?

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