Biden's Economy?

[ajax18]

How much National debt is healthy in your opinion?

Do you think the 6.7 trillion Trump added was healthy? Do you think it was healthy to personally sign all the stimulus checks -- "remember who gave you this!"

My right-wing friend was very confused around this time ended up arguing that Trump's stimulus was a lot better than what Obama gave everybody. He was hoping Trump would send more. I asked him how much he thought everyone should get. He said $50,000$.

See, Ajax, if your guy's name is on the check, you won't question it, you'll even promote it.

I reminded you already this was scamdemic money. People should never have been locked out of work. But since Lord Fauci decreed their job be shutdown, Trump begrudgingly signed the stimulus.

Democrats, including Veritas in this thread, have been singing praises for high inflation and astronomical National Debt even before the scamdemic.

[Doctor Steuss]

Do you think the 6.7 trillion Trump added was healthy? Do you think it was healthy to personally sign all the stimulus checks -- "remember who gave you this!"

My right-wing friend was very confused around this time ended up arguing that Trump's stimulus was a lot better than what Obama gave everybody. He was hoping Trump would send more. I asked him how much he thought everyone should get. He said $50,000$.

See, Ajax, if your guy's name is on the check, you won't question it, you'll even promote it.

I reminded you already this was scamdemic money. People should never have been locked out of work. But since Lord Fauci decreed their job be shutdown, Trump begrudgingly signed the stimulus.

Democrats, including Veritas in this thread, have been singing praises for high inflation and astronomical National Debt even before the scamdemic.

There was no pandemic when Trump increased the deficit in his very first year. Every single year, before the so-called "scandemic," Trump's deficit spending was more than every single year of Obama's second term.

Deficit Spending
FY 2013: $680 billion
FY 2014: $485 billion
FY 2015: $442 billion
FY 2016: $585 billion
FY 2017: $503 billion was the requested budget by the Obama admin. It ended at $665 billion. Trump had requested a change to Obama's budget, asking for even more additional spending, but Congress didn't sign off on it.
FY 2018: $779 billion
FY 2019: $984 billion

Now, we enter the "scandemic."

FY 2020: $1.083 trillion, without any pandemic spending. That's right. Without even adding the $2.2 trillion from pandemic spending, Trump's budget by his third year had managed to double the deficit spending that Obama left with.

Twice as much a money-printing socialist as Barack HUSSEIN Obama.

[Vēritās]

I reminded you already this was scamdemic money.

No it wasn't. You can't get away with revisionist history that's so recent. We remember it. We were there. So were you, but you're so weak minded you believe anything Brietbart and Ben Shapiro tell you to believe.

People should never have been locked out of work.

No one was "locked out of work." Millions of Americans were either laid off or furloughed because of corporate decisions and millions more quit or changes jobs so they weren't exposed to large crowds. Stop acting like some mysterious power just forced millions of willing workers to stay home because that didn't happen.

But since Lord Fauci decreed their job be shutdown, Trump begrudgingly signed the stimulus.

First off, how weak of a leader is Trump if he allows some unelected official to exercise such power in a decision he never agreed with? Secondly, Trump gleefully handed over stimulus because he thought it would help him get reelected, as if Americans would overlook his reckless abandon for science and common sense protocols during a pandemic that killed hundreds of thousands, just because he gave them some spending money.

Democrats, including Veritas in this thread, have been singing praises for high inflation and astronomical National Debt even before the scamdemic.

This is why [FR2, -cp-], and why I don't even bother answering your idiotic questions anymore. Because no matter how I answer, you turn around and ignore the answer and then lie about what I believe because it makes you feel better to make up what your opponent says instead of dealing with what they actually say. I never "sang praises" for "high inflation." I thoroughly explained how inflation benefits some and not others, and you pissed it all away and deferred to your usual straw man because that's [FR2, -cp-].

[Vēritās]

I reminded you already this was scamdemic money. People should never have been locked out of work. But since Lord Fauci decreed their job be shutdown, Trump begrudgingly signed the stimulus.

Democrats, including Veritas in this thread, have been singing praises for high inflation and astronomical National Debt even before the scamdemic.

There was no pandemic when Trump increased the deficit in his very first year. Every single year, before the so-called "scandemic," Trump's deficit spending was more than every single year of Obama's second term.

Deficit Spending
FY 2013: $680 billion
FY 2014: $485 billion
FY 2015: $442 billion
FY 2016: $585 billion
FY 2017: $503 billion was the requested budget by the Obama admin. It ended at $665 billion. Trump had requested a change to Obama's budget, asking for even more additional spending, but Congress didn't sign off on it.
FY 2018: $779 billion
FY 2019: $984 billion

Now, we enter the "scandemic."

FY 2020: $1.083 trillion, without any pandemic spending. That's right. Without even adding the $2.2 trillion from pandemic spending, Trump's budget by his third year had managed to double the deficit spending that Obama left with.

Twice as much a money-printing socialist as Barack HUSSEIN Obama.

6w5ppx.jpg (48.66 KiB) Viewed 526 times

[ajax18]

I reminded you already this was scamdemic money. People should never have been locked out of work. But since Lord Fauci decreed their job be shutdown, Trump begrudgingly signed the stimulus.

Democrats, including Veritas in this thread, have been singing praises for high inflation and astronomical National Debt even before the scamdemic.

There was no pandemic when Trump increased the deficit in his very first year. Every single year, before the so-called "scandemic," Trump's deficit spending was more than every single year of Obama's second term.

Deficit Spending
FY 2013: $680 billion
FY 2014: $485 billion
FY 2015: $442 billion
FY 2016: $585 billion
FY 2017: $503 billion was the requested budget by the Obama admin. It ended at $665 billion. Trump had requested a change to Obama's budget, asking for even more additional spending, but Congress didn't sign off on it.
FY 2018: $779 billion
FY 2019: $984 billion

Now, we enter the "scandemic."

FY 2020: $1.083 trillion, without any pandemic spending. That's right. Without even adding the $2.2 trillion from pandemic spending, Trump's budget by his third year had managed to double the deficit spending that Obama left with.

Twice as much a money-printing socialist as Barack HUSSEIN Obama.

Thanks for posting this clearly. You have a good point. Didn't the Democrats control the House and hold power of the purse? Why didn't they stop Trump? Or did they agree with deficit spending? Are Democrats still as determined to shrink the US military as they were when Obama mocked Romney for warning us of the Russian and Chinese threats?

While you have a good point on Republican deficit spending, it still doesn't explain why Veritas isn't flipping homes in Argentina if inflation is so good for business.

[Vēritās]

Thanks for posting this clearly. You have a good point. Didn't the Democrats control the House and hold power of the purse? Why didn't they stop Trump?

As usual, once refuted and shown to be an idiot who knows nothing, you turn it around and change the subject. Now the issue isn't whether Trump is a big spender, the issue is now whether Democrats should have stopped him from being a big spender. Face it, Trump exploded the deficit in ways never seen before. First you blame it on the pandemic and that was immediately shot down with 20 seconds of googling. Something you already knew because we've brought it up numerous times to you in the past, but facts just bounce off of you.

Also, how do you not know Republicans controlled Congress during Trump? It is how he got his tax cut passed and his unqualified religious judges pushed through. https://en.wikipedia.org/wiki/115th_Uni ... 0in%202005.

"The Republican Party retained their majorities in both the House and the Senate, and with Donald Trump being sworn in as President on January 20, 2017, this gave the Republicans an overall federal government trifecta for the first time since the 109th Congress in 2005."

JFC how do you not know these things? Do you quite literally live under a rock and pop up only when Brietbart publishes another fake news piece?

While you have a good point on Republican deficit spending, it still doesn't explain why Veritas isn't flipping homes in Argentina if inflation is so good for business.

Nor does it explain why you're spending all your time posting on the internet pretending to be a medical professional while demonstrating no capacity for listening or learning anything unless it comes from the Right Wing sewer. I own three properties in Brazil and two in the USA. Never been to Argentina.

[Vēritās]

ADP Jobs report comes in stronger than expected for October

October ADP Jobs Report: +239K vs. +200K consensus and +208K in September.
Annual pay rose 7.7% Y/Y.
Service-providing sectors added 247K jobs during the month, while goods-producing sectors cut 8K jobs. Leisure and hospitality added 210K jobs and trade, transportation and utilities added 84K. Meanwhile, manufacturing lost 20K jobs.
"This is a really strong number given the maturity of the economic recovery but the hiring was not broad-based," said Nela Richardson, chief economist at ADP. "Goods producers, which are sensitive to interest rates, are pulling back, and job changers are commanding smaller pay gains."
On Tuesday, in the JOLTs report, job openings unexpectedly rose in September

[Hawkeye]

ADP Jobs report comes in stronger than expected for October

October ADP Jobs Report: +239K vs. +200K consensus and +208K in September.
Annual pay rose 7.7% Y/Y.
Service-providing sectors added 247K jobs during the month, while goods-producing sectors cut 8K jobs. Leisure and hospitality added 210K jobs and trade, transportation and utilities added 84K. Meanwhile, manufacturing lost 20K jobs.
"This is a really strong number given the maturity of the economic recovery but the hiring was not broad-based," said Nela Richardson, chief economist at ADP. "Goods producers, which are sensitive to interest rates, are pulling back, and job changers are commanding smaller pay gains."
On Tuesday, in the JOLTs report, job openings unexpectedly rose in September

You gotta love these games that Democrats play with monthly reports. Inflation is down from 9% to 8% this month, after climbing from 2% to a 40 year high of 9% last year. There's nothing about the Biden economy to brag about and voters seem to be seeing through the smokescreen finally.

[Vēritās]

ADP Jobs report comes in stronger than expected for October

You gotta love these games that Democrats play with monthly reports. Inflation is down from 9% to 8% this month, after climbing from 2% to a 40 year high of 9% last year. There's nothing about the Biden economy to brag about and voters seem to be seeing through the smokescreen finally.

What's hysterical is that I merely post the latest economic data on jobs and you think its a Democrat conspiracy to play "games." You pretended to care about Americans working but keep ignoring the fact that the number of Americans working in June was greater than the number working at any time during the Trump administration, and despite all of your pedantic "the world is coming to an end" posturing about a recession, the number in the labor force continues to grow every month while Biden is in office.

Yes, we all know the economy is slowing down, but that is by design. The Fed Chairman who is a Republican (not Biden, not the Democrats!) is intentionally trying to slow it down because he thinks that's going to dramatically reverse inflation. I suspect in the next 50 years or so Economists will come to the consensus that we had gotten it all wrong about the causes of inflation. Increased government spending doesn't cause inflation, it is about supply and demand and always has been. But today it is more to do with corporate greed, gaming the current situation to their advantage knowing full well they can gouge us all they want because we've been conditioned by the media and right wing morons to blame government every time.

[Gunnar]

Democrat reveals GOOD NEWS about one of the closest races in the US
Mike Levin is gaining traction in his race against Brian Maryott for the 49th congressional district in California.

INTERVIEW: Brian interviews the Democratic congressman for one of the closest races in the country, Mike Levin, to discuss what the Inflation Reduction Act actually does for climate, his response to Shell raking in $9.5 billion in profits as the sponsor of legislation that would prevent oil companies from price gouging, and what’s next on the climate front if Democrats keep control of the House.

As Levin pointed out, one of the chief causes of the current inflation is price gauging and record high profits by the fossil fuel industry, much of which they use to bribe conservative, Republican politicians, like Levin's opponent, Maryott, who, in addition, is heavily invested in oil company stock. Of course people like that are going to oppose green energy initiatives and promote the egregious disinformation massively funded by the fossil fuel industry! Levin also pointed out that of the 17 oil refineries in California, 6 of them were inexplicably closed down by the companies themselves, not by any governmental action against them, but to further raise their prices and profits to gin up anger among the voting public against the Biden Administration whom they falsely blame for the resulting inflation.

Levin also rightly pointed out that the surest and speediest way for our nation to gain true energy independence is to become a world leader in developing and investing in green, renewable energy technologies. Failure to do so will ultimately cost us and our economy many times more than doing so. If Ajax/Hawkeye and others like them would ever take their heads out of where the sun doesn't shine and actually try to learn something, they would already know this! Like it or not, the fossil fuel industry, though it has undoubtedly, initially helped advance our civilization to where it now is, has become an albatross and a dying industry that we now need to transition away from as soon as possible.

I fully agree with this commentary by one of the other viewers of the above linked to video:

Listen to this interview and then immediately go and listen to ANY MAGA Republican running for office. The difference in messaging (and intelligence) is astounding.