(05-22-2024, 03:41 PM)WingerDinger Wrote:

(05-22-2024, 03:36 PM)mikesez Wrote: Trump's likely program is lots of deportation, some large tax cuts, lower interest rates, and slowing down the pace of student loan forgiveness, and reducing or eliminating aid to Ukraine.
The first three of these will cause more inflation.  The latter two will reduce inflation, but not as much as the first three increase it. 
He is not going to undo or pause the extra infrastructure spending Biden got going. 

Only three things can reduce inflation at this point.  Either large scale tax increases, large scale spending cuts, or large scale government investments in new production capacity such as factories, mines, mills, etc.  None of those three things are on the table regardless of who wins, based on the proposals they've put on the table so far. 

Inflation is going to sink Biden. But it shouldn't.  Trump has no plan.

So you're voting for business as usual, because that worked out so well for the last 3 years and few months lololol

Inflation and the border crisis is what's going to sink Biden. Trump has no plan like back in 2016, right?

Trump got nothing done except a tax cut in his first term.  He came in with a healthy economy and low interest rates.  Immigration reduced because Trump seemed like a tough guy, not because of any substantial, actual change to border patrol policy or staffing or legal processes.  But deportations held steady.  Trump's impact on the economy was pretty small.

The economy doesn't factor in to my decision to vote Biden. But it's going to factor into a lot of folks' decisions to not vote. Biden is likely to lose.

---