Democrats are setting up Trump for an economic disaster

More proof the DemocRats don't care about America or the American people -  With concerns about President Joe Biden’s cognitive decline abound, the Democrats and their mouthpieces are finding multiple ways to hedge their bets. This means not only evaluating whether to replace Biden (and with whom) but also what to do in case of a Trump victory. In the case of the latter, they are already setting up former President Donald Trump to take the blame for Biden’s reckless economic policies. A slew of high-profile economists recently came out with a letter saying that should Trump win in November, there is likely to be an "inflationary bomb" that follows, as they put it. This group includes some of the same economists that said in 2021 that Biden’s Build Back Better plan (which became the Inflation Reduction Act) would not be inflationary. One is also the husband of Treasury Secretary Janet Yellen, who herself said that inflation wasn’t going to be a problem and then that it would be "transitory."Now, these Democratic Party mouthpieces are putting out a warning about a future burst of inflation if Trump becomes president again. Why? Because they know economic peril is ahead, and they want to be able to say, "I told you so" and blame it on Trump.--

Since Trump wants to come out of the gate with high tariffs, the resulting stagflation will be all on him.

Edited on Jul 8, 2024 1:07pm
Originally posted by: Mark

Since Trump wants to come out of the gate with high tariffs, the resulting stagflation will be all on him.


If the economy performs well while he's in office, he'll crow and preen himself and take complete credit for it. If the economy tanks while he's in office, he'll blame the Democrats.

 

Part of me wants him to get elected and fuck everything up, just to once and for all show the MAGAs and the world at large that he's incompetent and his economic ideas are pig shit.

Kevin, those MAGA fools are so far up his ass, he could sell the U.S. to Russia and they'd praise him as the greatest president ever, much like they already do.  They're nothing but sheeple.  


Hey Edso.  Here is the copy of the letter.  There is nothing in it that uses the phrase "inflation bomb."  Paragraph 5 states "There is rightly a worry that Donald Trump will reignite this inflation, with his fiscally irresponsible budgets.  Nonpartisan research, including at Evercore, Allianz, Oxford Economics, and the Peterson Institute, predict that if Donald Trump successfully enacts his agenda, it will increase inflation."  DM just parrotted what he heard as an opinion piece on Fox News.  https://www.documentcloud.org/documents/24777566-nobel-letter-final

Edited on Jul 8, 2024 3:14pm

David's been telling us for the last 3 years how Biden's economy is the worst we've ever had....but now he's already making excuses for how its going to be so much worse under Trump.

 

More proof David doesnt believe his own bullshit.    Not that we didnt know already.

Originally posted by: Robert Davis

Hey Edso.  Here is the copy of the letter.  There is nothing in it that uses the phrase "inflation bomb."  Paragraph 5 states "There is rightly a worry that Donald Trump will reignite this inflation, with his fiscally irresponsible budgets.  Nonpartisan research, including at Evercore, Allianz, Oxford Economics, and the Peterson Institute, predict that if Donald Trump successfully enacts his agenda, it will increase inflation."  DM just parrotted what he heard as an opinion piece on Fox News.  https://www.documentcloud.org/documents/24777566-nobel-letter-final


  Here is the article, with a link -  More proof the DemocRats don't care about America or the American people - With concerns about President Joe Biden’s cognitive decline abound, the Democrats and their mouthpieces are finding multiple ways to hedge their bets. This means not only evaluating whether to replace Biden (and with whom) but also what to do in case of a Trump victory. In the case of the latter, they are already setting up former President Donald Trump to take the blame for Biden’s reckless economic policies. A slew of high-profile economists recently came out with a letter saying that should Trump win in November, there is likely to be an "inflationary bomb" that follows, as they put it. This group includes some of the same economists that said in 2021 that Biden’s Build Back Better plan (which became the Inflation Reduction Act) would not be inflationary. One is also the husband of Treasury Secretary Janet Yellen, who herself said that inflation wasn’t going to be a problem and then that it would be "transitory."Now, these Democratic Party mouthpieces are putting out a warning about a future burst of inflation if Trump becomes president again. Why? Because they know economic peril is ahead, and they want to be able to say, "I told you so" and blame it on Trump.-- https://www.foxnews.com/opinion/democrats-setting-up-trump-economic-disaster

Robert Davis.....it didn't come from Facebook?  I am shocked. 

Originally posted by: Edso

Robert Davis.....it didn't come from Facebook?  I am shocked. 


If I ever us Facebook as a source, make sure to confiscate my laptop.

Originally posted by: Robert Davis

If I ever us Facebook as a source, make sure to confiscate my laptop.


   The ignorance of the left is unfathomable. As for Facebook and it being a source - there is factual information posted TO Facebook - this information is not generated by Facebook. Facebook is a platform, not unlike the liberal media (CNN, MSNBC). Your decision is to discern who is actually proving the truth. I will take information posted TO Facebook before I would ever believe anything CNN and/or MSNBC provides. CNN, MSNBC and the myriad of other leftist lying media sources are nothing but lying rumor mills who never admit when they are wrong and continue to distort the truth - this has been proven time after time. The amazing thing is that when these liars are proven to be lying, the brainwashed liberal sheep refuse to accept the truth and continue to believe the lies the media spews. 

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