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Elections 2024 / Re: Report: Trump and DeSantis Meet in Miami, Talk Fundraising
« Last post by LMAO on Today at 02:56:59 am »
Basically, Trump needs to drop the populist crap and go back to Reaganomics.
Things are more complex than they were in the 1980’s
Debt to GDP ratio is over 120% thanks to Obama/Trump/Biden and their congressional collaborators. Now, we are in a position were just paying interest on the debt is roughly what we pay for defense/military
Also, interest rates were kept too low for too long after the 2007-2008 crash. A point,btw, Trump correctly pointed out the folly of when he ran but then tried to pressure the Federal Reserve in 2019 to lower them to zero. Thankfully, the Fed protected him from his own stupidity at the time