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Inflation
- Thread starter PRCD
- Start date
Yes but Obama presided over steadily declining (although still-bloated) deficits after the CDO snafu.
Biden is looking at a $150B bump back up in what should be a general trend down from Trump's tax cuts + spending spree with Covid spending lumped on top of that. No bueno.
I get that nobody was a huge hurry to see fiscal tightening on top of the Fed's rate tightening politically speaking, but (shockingly to me) this potential soft landing scenario looks like it might just play out.
This trillion dollar deficit sh!t being commonplace has got to go.
I like how the headline doesn't match the graph. By 12 years!