1ºTrump Fueled Inflation and Increased the National Debt!
On 12.22.17 Trump’s Tax Cut added $3.5 trillion to the debt
On 3.27.20 Trump’s Covid Cares Act added $2.0 trillion to the debt
During Q1 and Q2 2020 Trump Suspended Supply Chains
On 12.21.20 Trump’s Covid Appropriations Act added $2.3 trillion to the debt
Trump’s National Debt Increased by $7.8 trillion in four years in office.
Trump’s inflation is due to suspending supply chains along with high demand caused by his short-sighted decisions of low interest rates, tax cuts, and Covid relief money.
The interest rate hikes by Fed are working to cool the inflation, which Trump caused.