Dotard convinced the sheep that old Joe caused inflation, when he and the Dems were leading the world in cutting it after Dotard’s disastrous COVID response was a MAJOR contributor.
Donald Trump rode a powerful wave of discontent over the cost of living back to the White House.
Voters, fed up with high prices on everything from groceries to car insurance, have ousted Democrats from power in Washington.
Trump reminded voters often that inflation wasn’t a problem when he was calling the shots. And he has promised to attack high prices by shaking things up.
But, Trump could have an yuuuge inflation problem of his own.
Some of the very same campaign promises that appealed to voters – mass deportations and sky-high tariffs – would be inflationary if enacted, perhaps very inflationary.
Not only that, but the bond market is already getting nervous about Trump’s plans to add trillions to the national debt. Bond yields have climbed sharply, a situation that will make it more expensive to get a mortgage or home equity loan and finance the purchase of a car.
Stay tuned, as we will look back fondly at old Joe’s inflation numbers.
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