Why would Biden's stimulus cause inflation, but not Trump's?

You are confusing posters. When you stop that, we will understand.

 

See post #49, it's the answer.

 

^That is correct. I realized when Biden targeted energy, he was lighting a fuse. I said that when Biden screwed over Canada and say it again.

 

republicans only care about spending when dems are in charge, Trump spent more than any other President in history had in 4 years, they did not care

 

I will just say now, you are not interested in supporting claims you make here. I don't need more of the same from you.
Biden jacked up costs for energy. I do not see your posts addressing any of that. Demand for products is not likely to outpace supply unless supply has been hit by something.

 

Obama spent more. How many other presidents had a virus attack this country that still Biden has not taken care of?

We all knew Trump was working on the problem. Biden seems to say take the Trump vaccine.

 

nope, Trump spent more than any other President in history spent in a 4 year term ever

yep, if Trump spending during virus don't count, then either does Bidens

 

Con job folks. Inflation is not caused by Trump. Spending is going up at an alarming rate provided the Biden plans are put into place. If he is stopped we can expect inflation to slow down pretty fast.

 

Were Democrats fighting spending under Trump?

 

Trump caused oil prices to rise, thus inflation

 

were republicans, where was the tea party?

 

And you intend to prove it, correct? Did Obama ever have to spend 2.2 trillion more due to a virus?

Due to the coronavirus pandemic, Congress and President Trump enacted the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES) on March 18, 2020, which the Committee for a Responsible Federal Budget estimated would be partially responsible for an increase of the budget deficit for fiscal year 2020 to a record $3.8 trillion, or 18.7% GDP.[5] The CBO preliminary estimate for the fiscal year 2020 deficit is $3.1 trillion or 15.2% GDP, the largest since 1945 relative to the size of the economy.[

https://en.wikipedia.org/wiki/United_States_federal_budget

 

So democrats never did fight more spending. In fact it was bipartisan.

 

When did Trump do that and exactly how?

 

Watch Biden hit the record. Watch him do it fast.

 

You forgot Biden's OTHER $3.5 Trillion. Oh and tax cuts actually boosted revenue - Spending, as usual is the deficit booster.

 

We are only into the Biden year by 20 days now. So Biden's main contributions is to spending. Revenue is the same as for Trump.

 

we will see, for now, Trump holds the record

 

Trump set records for revenue that you ignore.

 

Trump set records for revenue that you are ignoring.

 

The "other" $3.5 trillion have not even been signed yet. And, oh, they are going to be < $2 trillion and over 10 years, just like Trump's tax cut $1.5 trillion over 10 years. So, how can spending that hasn't even occurred yet cause inflation, not only in the US but worldwide? I realize, however, that actual economics arguments don't matter if crying "Biden bad" is the only item on the agenda.

Oh, btw, you didn't read my post above? If spending is the deficit booster, why does the GOP NEVER cut spending when they are in power?

 

It doesn't take a rocket scientist to understand that correlation doesn't mean causation. I agree, however, that Trump economic policies don't require an economics course, just gut feeling.

 

riding the Obama wave, look at us now

 

Hang on - you provided the article of proof that there was no replacement put in place. I point out that - in that article - it states that the Deputy Secretary, the Chief of Staff and other officials are working on the issue - and you say that's BS? Why post the article?

 

I have never claimed that there aren't many (actually a lot) of GOP politicos that like spending, just not as heavily as the average Democrat. Mitch McConnell once quipped that you don't lose any votes by spending money. But this is orthogonal to the thrust of the thread which is inflationary impacts.