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To: grania

President Trump is right. Economic growth does not cause inflation.

The Fed has cost us economic growth, greatly increased the interest we pay on Obama’s debt, and has hurt the balance of trade.


20 posted on 04/14/2019 1:24:32 PM PDT by Moonman62 (Facts are racist.)
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To: Moonman62

So you are saying there was no economic growth since 2016? CPI (inflation) is up significantly since 2016...I though you liked President Trumps’ economic plan?!?

http://explistats.com/economic-activities/consumer-price-index/?tab=cc&0=5yrs&1=cpiu&2=1687

http://www.shadowstats.com/alternate_data/inflation-charts


22 posted on 04/14/2019 1:38:15 PM PDT by Drago
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To: Moonman62
The reason for debt under GWB and Obama is irresponsible spending. Interest rates were lowered to near-zero so that the expenses the gov incurred to keep us safe after 911 could be paid off. Instead, they and the Legislative Branch used the lower interest rates to justify more out of balance spending. It's a slippery slope we're on.

Keep in mind that President Clinton had the budget and the debt under control when he left office. Credit Clinton and Gingrich with having a responsible attitude toward sustaining the nation's financial health.

28 posted on 04/14/2019 2:43:06 PM PDT by grania ("We're all just pawns in their game")
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