#TrumpVsPowell
#TrumpVsPowell: Economic Showdown
Here's how the numbers stack up:
Donald Trump (2017–2021):
GDP Growth: Avg. 2.5% (pre-COVID)
Unemployment: Record low of 3.5% in 2019
Inflation: Hovered around 1.8% before 2020
Fed Rate: Raised gradually from 0.5% to 1.75% (2017-2019)
Jerome Powell (Fed Chair 2018–Present):
COVID Response: Cut rates to 0.25% in March 2020
Inflation Surge: Peaked at 9.1% in June 2022
Rate Hikes: Raised to 5.25%–5.5% by mid-2023 to cool inflation
Current Inflation (2025): Around 2.9%
Clash Points:
Trump criticized Powell for not cutting rates fast enough
Powell emphasized independence and inflation control
Verdict?
Trump played offense, Powell played defense. Economy vs. stability.
What’s your take? Who handled their job better?
#Economy #Politics #FedFacts #2024Elections
