Quote:
Originally Posted by dyna mo
wait, so trump is responsible for the US economy kicking ass. make up your mind.
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American economy would of been kicking ass regardless but at a slower rate, still kicking ass though.
By artificially simulating it, offshore loot, reduced taxes, deregulation, you get a short term boost, which causes inflation "interest rates go up" which is ok as long as that offshore loot and reduced taxes was used to paydown debt, and Government debt is going into infrastructure or economy building projects.
But neither of those two seem to of happened all we've seen is government and consumer debt continue to skyrocket, which is fiscal insanity when inflationary policies are in place.