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Understanding Inflation: Causes, Effects, and Historical Context /
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2024-05-16 13:05:53

Understanding Inflation: Causes, Effects, and Historical Context on Nostr: A Comparison of Biden and Trump's Economic Plans for the US Economy =============== ...

A Comparison of Biden and Trump's Economic Plans for the US Economy
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#98fc74b4 ver:0.35

Former President Donald Trump's son, Eric Trump, criticizes President Joe Biden's handling of the economy, while polls show disapproval of Biden's economic performance. Inflation was at 1.4% when Biden took office, but has since risen to 9.1%. Critics argue that Biden's spending agenda contributed to the increase. Real wages have declined, and the economy experienced a major slowdown in the first quarter of 2024. Biden's economic plans include clean energy investment and increased taxes on the wealthy, while Trump focused on reducing regulations and cutting taxes. Concerns arise about potential tax rates, debt spending, energy policies, labor laws, and antitrust actions under Biden's second term. #BidenEconomy #Inflation #Wages #EconomicPlans #TrumpEconomy...

#newstr #UsEconomy #BidenPresidency #TrumpPresidency #Inflation #EconomicPlans

https://here.news/story/98fc74b4?ver=0.35
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