AmberPosts1000 (@AmberPosts1000)

…..Our Economy is suffering…but why? It seems that our economy is ALWAYS suffering. GDP growth down,(GDP) grew at an annualized rate of 1.6%, down sharply from previous quarters, reflecting a cool-down in consumer spending and inventory investments. According to economist.com, from this article, https://www.economist.com/interactive/trump-approval-tracker/economy “Consumer prices rose by 3.8% in April from a year earlier, the fastest pace since 2023, while Americans are growing more pessimistic: consumer confidence slipped in May as households worried about rising costs. Economic growth has also weakened. GDP expanded at an annualised rate of 1.6% in the first quarter, revised down from an initial estimate of 2%.” — The Economist, Tracking The Presidency. https://www.economist.com/interactive/trump-approval-tracker/economy Link To The Article https://www.economist.com/interactive/trump-approval-tracker/economy However, according to the data in the article, the economy is getting better under Donald J. Trump. And one thing stood out to me… As shown in the poll, inflation was down when Trump was in office, up when Biden was in office, and came back down on Trump’s arrival. But why is this? Well…. There is one thing that Biden and Trump do very differently. I admit that it is not the full cause. But…a possible cause could be the deficit spending in welfare programs. And the welfare fraud that comes with it… Let’s take a look. 1#- Spending less on welfare helps reduce inflation by curbing deficit spending. It works through the following economic mechanisms: Lowering Consumer Demand: One thing welfare does is put the money directly into the hands of lower-income individuals, who often spend it quickly. Reducing these funds lowers the total amount of money chasing goods and services, relieving demand-pull pressure on prices. Of course, it is not bad to use a good or service, but lowering consumer demand is a natural result of cutting welfare spending. We should not make laws to purposefully lower consumer demands: We want people to purchase stuff. But it will happen naturally if we do welfare cuts, and the demand will be more balanced. Reducing Deficit Spending: Government programs are primarily funded through tax revenue or by borrowing and printing money. I.E. one big cause of inflation. Cutting welfare spending reduces the need for the government to issue currency, which stabilizes the money supply and eases inflation. Encouraging Labor Force Participation: Scaling back welfare programs can push people to enter or re-enter the workforce. An increase in the labor supply helps businesses produce more goods and services and can reduce wage-push inflation. So, world, I ask you to question welfare. Really think about where that money is coming from, whether it really helps the people it claims to, and how it effects people. It’s easy to say that excessive welfare is ‘free’ and ‘is necessary’ and ‘is being a decent human being’ and all of the propaganda points you hear. But what’s not so easy? Dealing with the consequences of when it turns out all that propaganda might be, well, false propaganda. Thank you for reading! 💕 #Economy #Capitalism #RedPill #CommonSense #HardToSwallow #Welfare #Data #OnlyTheFacts #Question #DontIgnore #Money #GDP #Inflation