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Nevilledog

(51,285 posts)
Sat Apr 27, 2024, 03:51 PM Apr 27

Another Friendly Reminder: Trump *Wants* To Increase Inflation

https://www.wonkette.com/p/another-friendly-reminder-trump-wants

As Yr Editrix pointed out in Tabs Friday morning, there are some really friggin’ unbelievable poll results in the first paragraph — the first three, actually! — of this Vox story by Eric Levitz, pointing to an NBC News poll from last weekend that showed voters think Donald Trump would do a lot better on inflation than Joe Biden has — by a shocking 22 points. This is because people are crazy and don’t know anything about Donald Trump’s proposed economic policies, which, to the surprise of many, actually exist.

But voters not knowing about what Trump’s planning certainly gives Biden the opportunity to shine a light on those plans and make them part of the campaign. That better be a very bright light, seeing as how the poll also said voters considered inflation the top “critical issue” the USA faces right now. (No, we will not digress into the many reasons to take polls with a grain of salt, valid though they may be. It’s worthwhile for Biden to hammer Trump on his shitty economic assumptions anyway.)

Now, while it’s true that Trump’s top policy priority is What’s In It For Trump?, Levitz goes on to point at actual policy plans from Trump lackeys who are still with him and have not yet been purged for disloyalty, and big surprise: They’ll all make life more expensive for ordinary Americans, because Trump’s goal is to help American businesses’ bottom lines. That’s where the campaign money comes from, silly!

So let’s take a look at the four big ideas Levitz shows Team Trump wants to pursue, at least until Trump himself changes his mind and decides barter is the best way to do things.

*snip*


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Another Friendly Reminder: Trump *Wants* To Increase Inflation (Original Post) Nevilledog Apr 27 OP
He's the king of debt and debtors love inflation. unblock Apr 27 #1

unblock

(52,494 posts)
1. He's the king of debt and debtors love inflation.
Sat Apr 27, 2024, 04:57 PM
Apr 27

At least if you have fixed rate debt. The asset goes up in dollar terms but the mortgage doesn't. Easier to repay.

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