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Search resuls for: "Weimar Germany"


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Trump also described inflation as “a country buster” that destroyed Germany, presumably referring to the hyperinflation of 1923, which was the year of Adolf Hitler’s failed beer-hall putsch. Even for Trump, who loves to work up a crowd, that’s too far. President Biden does have an inflation problem, but it’s not a Weimar Germany kind of problem. I won’t get into why Americans are so upset about inflation that they might choose Trump over Biden in November. I want to look at a different question, which is whether inflation would be lower if Trump won.
Persons: Donald Trump, , Trump, Adolf Hitler’s, Biden, it’s, States ’, Binyamin Appelbaum, Paul Krugman Organizations: Bureau of Labor Statistics, Biden, Trump Locations: Waukesha, Wis, Germany, Weimar Germany, States
To this point in his presidency, it has been fairly easy to attribute his low ratings to economic conditions. But if inflation has been what’s holding Mr. Biden back, it’s hard to say it should hold him back for too much longer. The University of Michigan consumer sentiment index surged 13 percent in July, reaching the highest level since September 2021 — the first full month Mr. Biden’s approval ratings were beneath 50 percent. There’s another factor that ought to help Mr. Biden’s approval rating: the onset of a new phase of the Republican primary campaign, including debates. Some of the Democratic-leaning voters who currently disapprove of Mr. Biden might begin to look at the Biden presidency in a different light.
Persons: it’s, Mr, Biden, Organizations: University of Michigan, Republican, Democratic, Biden Locations: Britain, U.S, Weimar Germany
Total: 2