Where were the Bond Vigilantes during the Biden Administration? Now that it’s over, they suddenly blame Trump while ignoring Yellen, Brainard, and Biden’s embrace of MMT and the idea that deficits don’t matter. We’re drowning in debt at levels reminiscent of a world war! It’s…
— James E. Thorne (@DrJStrategy) January 14, 2025
If you’re wondering what caused “inflation” the past few months…
Well, here you go. pic.twitter.com/2OpZbQJfVc
— Financelot (@FinanceLancelot) January 14, 2025
December budget deficit up 40% on the year 🤯
Biden’s looting the Treasury on the way out. https://t.co/OaX7otfFqZ
— Peter St Onge, Ph.D. (@profstonge) January 14, 2025
Over the last 10 years, US Federal Government Tax Revenue has increased 58% while Government Spending has increased 93%. The result: a doubling in the US National Debt from $18 trillion to $36 trillion.
Video: https://t.co/LsYfy3SV50 pic.twitter.com/OcMIyhqrs3
— Charlie Bilello (@charliebilello) January 14, 2025
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