“This is delusional thinking. Most of the inflation from the Biden ear is from spending that was approved from the Trump administration. “
No. 2020 was and should have been a one-off year due to the initial things done for the “pandemic”. But Biden came along and has kept the spending at that level and higher, unnecessarily in the absence of any “emergency”. He’s spending like WWII with no WWII - just his massive “green” agenda in EVERYTHING.
The delusional thinking is that any “foreign aid” is at the core of the real spending problem.
Federal spending usually takes 1 1/2 years to hit the economy in a meaningful way. When Biden took office very little of the “original” stimulus had “hit”. Yes, the second package was unnecessary. The third package is just hitting now—and over the summer—so it will drive inflation this fall going into the election.
In any event, we can disagree on “who is responsible for today” but this isn’t a “today” problem. This has been going on for decades.
Foreign aid is not really making that much of a difference. And MOST of that comes right back into the MIC.