Biden's economic legacy - 20% Bidenflation and a debt trap for America | Eastern NC Now

Biden's economiuc legacy for America is dire and will prove a real challenge for President Trump to fix.  It begins with 20% Bidenflation, and inflation has just racheted up again as Biden is leaving office.  Part of that comes from Biden's climate alarmist energy policies, as the cost of energy impacts the cost of everything.  It also comes from Biden's debt-fueled overspending.  Under Biden, interest on the national debt has exceeded defense spending for the first time in history.  In leaving office, Biden is still on a spending spree, most recently in trying yet again to illegally forgive student loan debts and put the American taxpayer on the hook for them instead of the students who actually benefited from the loans.

https://tippinsights.com/bidens-crowning-legacy-20-bidenflation-and-the-economic-carnage-left-behind/

BIden has brought us to the point that America could easily slip into a debt trap or debt spiral, where there is simply no good outcome available, and runaway inflation, horrible though in may be, may be the least bad.  America has had horrid economic stewardship over the last four years.

https://www.zerohedge.com/news/2025-01-17/joe-bidens-last-day-us-dangerously-close-point-no-return-podcast