Except Trump's stimulus was needed because of the lockdown (and people were losing jobs).
Biden stimulus was the one that
a) Ignited demand > Supply
b) provided no incentives for people to go back to work (Biden also had extended mortgage, rent, loan payment programs) which exacerbated inflation
Let be real though. The majority of the Trump stimulus was either a campaign stunt (I received a letter from Trump stating that he gave me, someone that makes 6 figures, a few hundred dollars) or a huge spending program with no accountability (the PPP “loans”).
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$4T in 1yr vs $1.5T in 3 years. Trump was printing at 80mph, Biden was printing at 10mph.
Must have been a pretty fast 10mph.
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