Comparing Trump & Biden Economies

Deficit Spending:
Trump	Biden
2018 – .8 Trillion	2021 – 2.8 Trillion
2019 – 1 Trillion	2022 – 1.4 Trillion
2020 – 3.1 Trillion	2023 – 1.7 Trillion
4.9 Trillion	5.9 Trillion

Budget deficits necessarily increase national debt, and interest on the federal debt is currently consuming 40% of all personal income taxes.

Annual Inflation Rate:
Trump	Biden
2018 – 1.4%	2021 – 3.9%
2019 – 1.9%	2022 – 9.9%
2020 – 3.4%	2023 – 6.1%

Consumer Price Index (CPI):
Trump, December 2020:	Biden, November 2023:
All items: 1.4%	All items: 3.1%
Core items: 1.6%	Core items: 4%

Core items exclude food & energy

Inflation – Food:
Trump, December 2020:	Biden, November 2023:
Milk            $3.54	Milk            $4.00
Bread            $1.54	Bread            $1.98
Ground Chuck       $4.20	Ground Chuck        $5.20
Eggs            $1.48	Eggs            $2.14
Chicken           $1.62	Chicken           $1.98
Bananas          $0.57	Bananas          $0.63
Tomatoes          $1.89	Tomatoes          $1.94
Oranges           $1.33	Oranges           $1.66
Total: $16.17	Total: $19.53

21% Increase

Inflation – Energy:
Trump, December 2020:	Biden, November 2023:
Electricity   $0.14 KWH	Electricity   $0.17 KWH
Gasoline   $2.17 Gallon	Gasoline   $3.50 Gallon
Pipe Gas   $1.11 Thermal Unit	Pipe Gas   $1.44 Thermal Unit

49% Increase

U.S. Bureau of Labor Statistics
US Inflation Calculator
USASpending.gov