2024-10-03 18:52
Most people don’t realize how wrong Trump is on the economy. Latest example: He’s blaming Biden for “soaring home prices”. Well, guess what? Home prices “soared” far more under Trump than they have under Biden. They’ve actually moderated under Biden.
Why did home prices spike under Trump? It wasn’t COVID. It was the cost of lumber that rose substantially starting in 2019. Why did the cost of lumber skyrocket? Because Trump put tariffs on it. 🔻