Macroecon 15, US trade, inflation, public debt

Three macroeconomic indicators of the US under Biden:

(1) Trade deficit.

US trade deficit average -$45 B/month (or ave. -$1.5 B/day) prior to 2020 became roughly -$58 B/month in 2020 (lockdowns in production, they imported more?) and by September nearly -$70 B/month. This is caused by what -- shipping/cargo congestion? More Americans not working despite being vaxxed but getting money from the govt?

(2) Inflation rate.

Below, October and September 2021, respectively. The new "classmates" of the US under Biden are:

Mauritius 5.8 5.4
Peru     5.83 5.23
Chile 6.0 5.3
Latvia 6.0 4.8
US 6.2 5.4
Mexico 6.24 6.0
Egypt 6.3 6.6
Tunisia 6.3 6.2
Mozambique 6.42 6.04
Kenya 6.45 6.91
Hungary 6.5 5.5

US old classmates industrialized countries, inflation rate same period:

South Korea 3.2 2.5
Greece 3.4 2.2
Netherlands 3.4 2.7
Norway 3.5 4.1
Austria 3.6 3.3
Luxembourg 3.6 2.7
Euro Area 4.1 3.4
Macedonia 4.1 3.7
Belgium 4.16 2.86
Cyprus 4.3 4.08
Germany 4.5 4.1
Iceland 4.5 4.4

If this happened under Trump, Cartoon network CNN, NYT, Wapo, BBC, Bloomberg, Economist,... will be attacking him every day if not every hour. And TDS camps will quickly share and spread their stories in socmed. But since this happened under their beloved Biden admin, things are still nice and acceptable.

According to John Williams of shadowstats, if inflation was still calculated the way it was back in 1980, the official rate of inflation would be close to 15 percent right now.

Alternate Inflation Charts
Nov. 10, 2021
http://www.shadowstats.com/alternate_data/inflation-charts

(3) US public debt:

Dec. 30, 2016 $19.977 T
June 30, 2017 $19.844 T
Dec. 29, 2017 $20.493 T
June 29, 2018 $21.195 T
Dec. 31, 2018 $21.974 T
June 28, 2019 $22.023 T
Dec. 31, 2019 $23.201 T
June 30, 2020 $26.477 T
Dec. 31, 2020 $27.748 T
June 30, 2021 $28.529 T
Nov. 10, 2021 $28.909 T

Source: https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny

They Have Lost Control, And Now The Dollar Is Going To Die
Michael Snyder   November 10, 2021
http://themostimportantnews.com/archives/they-have-lost-control-and-now-the-dollar-is-going-to-die
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See also:
Macroecon 12, August 2021 inflation rate highest since Dec. 2018, September 07, 2021 
Macroecon 13, More economic damages of strict indefinite lockdown, September 17, 2021
Macroecon 14, Macro indicators, inflation rates in selected countries, September 23, 2021.