Spending

The differences between the democrats and republicans can be seen by comparing the Trump presidency vs Biden’s. Biden passed the $2.2 trillion dollar Inflation Reduction Act which means government will spend all of this money on various projects mostly involving going green with $900 billion designated for things like solar panels and windmills. Biden past the $280 billion dollar CHIPS Act providing government funds for investments in computer technology. In the past 5 weeks Trump has secured $2 trillion in private money investments in things like high tech. When the government prints money to spend on these projects it causes inflation but when the private sector invests it provides growth. The big social media companies like Microsoft, Google, Amazon and Meta are investing billions in nuclear power to run their data centers. This is more private spending.