“They don’t but a big part of this deficit is due to the Fed raising interest rates which increases the interest costs on Obama’s debt.”
Good catch. That is likely a big chunk. Interest rates were artificially kept low longer than they should have. Now with Trump pro-growth policies kicking in the economy is doing well. No need for artificially low interest rates. Trump can’t have it both ways — good economy and artificially low interest rates.
No need for artificially low interest rates.
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Interest rates now are artificially high, thus the inverted yield curve. Economic growth does not cause inflation.
Trump is right to criticize the Fed. They cause more economic damage than a world war.
The economy is dong well despite the rise in interest rates.