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Technically true, but it would have inflated a lot faster if not for the trade war. There was also an adjustment 4Q2018 because there was no deal with China and things would have escalated the next year. When the next year came around, the US capitulated because businesses were losing too much profit.
Typically socialist governments are much more resilient against recessions, so a fair economic attack was never winnable anyways, especially on a country that’s mainly self-reliant. The Soviet Union was doing well during the 1930’s Great Depression as well.
Technically true, but it would have inflated a lot faster if not for the trade war. There was also an adjustment 4Q2018 because there was no deal with China and things would have escalated the next year. When the next year came around, the US capitulated because businesses were losing too much profit.
Typically socialist governments are much more resilient against recessions, so a fair economic attack was never winnable anyways, especially on a country that’s mainly self-reliant. The Soviet Union was doing well during the 1930’s Great Depression as well.