DeSantis failing, Christie pounding Trump as inflation declines massively. TY Biden

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  • jackpot269
    SBR Posting Legend
    • 09-24-07
    • 12842

    #36
    Originally posted by guitarjosh
    Yes, the same dates of 2019. CPI inflation was just under 1.82% in 2019. The Jobless rate averaged under 3.69% in 2019. Things were going so well in 2019 that the democrats tried to take credit for it.
    your chart does not have 2019 on it you are so full of shit!



    This is Classic narcissistic behavior. Inflation was under 2% when Biden took over




    See no 2019 to be found!

    You can't be honest, I understand it's the only way you can twist it into what you want it to say, is to be untruthful.

    You got to take the good with the bad
    Comment
    • guitarjosh
      SBR Hall of Famer
      • 12-25-07
      • 5784

      #37
      Originally posted by jackpot269
      your chart does not have 2019 on it you are so full of shit!



      This is Classic narcissistic behavior. Inflation was under 2% when Biden took over




      See no 2019 to be found!

      You can't be honest, I understand it's the only way you can twist it into what you want it to say, is to be untruthful.

      You got to take the good with the bad
      It is possible I can look up a chart and tell you the numbers without posting the chart.


      2019 inflation data:


      2019 jobless data:
      Comment
      • jackpot269
        SBR Posting Legend
        • 09-24-07
        • 12842

        #38
        Originally posted by Kermit
        Biden went to war with the oil companies before he was elected, and on the day he took over, gas began to rise and continued until it got out of control and the cost of everything went through the roof. It's funny how all of these people seem to forget that even though it was only a couple years ago.

        Joe Biden couldn't run a hot dog stand.
        You seem to forget (and it was just a couple years ago) that the economy was taking back off, and all those products that were not on the self in stores, (that gave company's the power to inflate prices because of shortages) because they were sitting at sea on ships and could not port because of the volume that was coming in. Sure Biden reduced oil production by 1% worldwide. So if gas was $2.00 a gal. as yall claim, that would add .02 to the price of a gal. not $3.00 somebody was fukking the pooch.
        Comment
        • jackpot269
          SBR Posting Legend
          • 09-24-07
          • 12842

          #39
          Originally posted by guitarjosh
          It is possible I can look up a chart and tell you the numbers without posting the chart.


          2019 inflation data:


          2019 jobless data:
          You can't compare numbers for inflation from 2020 to unemployment from 2019.

          What was I thinking of course you can, Thats the way GOP supports do things, and hope no one notices. Why are so deceitful?
          Or try to be, I can only guess because you are on the wrong side of the discussion.
          Comment
          • guitarjosh
            SBR Hall of Famer
            • 12-25-07
            • 5784

            #40
            Originally posted by jackpot269
            You can't compare numbers for inflation from 2020 to unemployment from 2019.

            What was I thinking of course you can, Thats the way GOP supports do things, and hope no one notices. Why are so deceitful?
            Or try to be, I can only guess because you are on the wrong side of the discussion.
            Go back and read the years in the post you quoted in post # 39 over and over again. The jobless data and CPI data in the post you cited are both for the calendar year 2019. As I posted, jobless numbers averaged under 4%, and inflation averaged under 2%.
            Comment
            • jackpot269
              SBR Posting Legend
              • 09-24-07
              • 12842

              #41
              Originally posted by guitarjosh
              Go back and read the years in the post you quoted in post # 39 over and over again. The jobless data and CPI data in the post you cited are both for the calendar year 2019. As I posted, jobless numbers averaged under 4%, and inflation averaged under 2%.

              Originally Posted by jackpot269
              your chart does not have 2019 on it you are so full of shit!



              This is Classic narcissistic behavior. Inflation was under 2% when Biden took over




              See no 2019 to be found!

              You can't be honest, I understand it's the only way you can twist it into what you want it to say, is to be untruthful.

              You got to take the good with the bad


              What happen to this one. I think you posted it. Originally Posted by jackpot269
              your chart does not have 2019 on it you are so full of shit!



              This is Classic narcissistic behavior. Inflation was under 2% when Biden took over




              See no 2019 to be found!

              You can't be honest, I understand it's the only way you can twist it into what you want it to say, is to be untruthful.

              You got to take the good with the bad
              Comment
              • Greget
                SBR Posting Legend
                • 11-01-10
                • 10516

                #42
                Josh, all your chart suggests is that inflation was already trending up when Biden took office. As the saying goes, correlation is not causation. But we aren't all in a fox news bubble and we know the true causes of inflation like trump's trade war, massive covid inaction, and general Putin friendliness. Biden has reacted brilliantly, and we have the data to prove his policies, like the Inflation Reduction Act, have been working.

                For all the blame you put in Biden for inflation, Maga can never explain why exactly beyond wokeness or socialism or anti trans crap.
                Comment
                • Optional
                  Administrator
                  • 06-10-10
                  • 61350

                  #43
                  “There are three kinds of lies: lies, damned lies, and statistics.”
                  .
                  Comment
                  • stevenash
                    Moderator
                    • 01-17-11
                    • 65450

                    #44
                    "Liars figure, figures don't lie."
                    Comment
                    • TheGoldenGoose
                      SBR MVP
                      • 11-27-12
                      • 3745

                      #45
                      Originally posted by Optional
                      “There are three kinds of lies: lies, damned lies, and statistics.”
                      If you don't control for confounding variables, they'll mask the real effect and mislead you.

                      But if you control for TOO MANY variables, your choices will shape the data, and you'll mislead yourself.

                      Somewhere in the middle is the sweet spot where you do both, making you doubly wrong.

                      Stats are a farce and truth is unknowable. Well, maybe!!!
                      Comment
                      • guitarjosh
                        SBR Hall of Famer
                        • 12-25-07
                        • 5784

                        #46
                        Originally posted by jackpot269
                        Originally Posted by jackpot269
                        your chart does not have 2019 on it you are so full of shit!



                        This is Classic narcissistic behavior. Inflation was under 2% when Biden took over




                        See no 2019 to be found!

                        You can't be honest, I understand it's the only way you can twist it into what you want it to say, is to be untruthful.

                        You got to take the good with the bad


                        What happen to this one. I think you posted it. Originally Posted by jackpot269
                        your chart does not have 2019 on it you are so full of shit!



                        This is Classic narcissistic behavior. Inflation was under 2% when Biden took over




                        See no 2019 to be found!

                        You can't be honest, I understand it's the only way you can twist it into what you want it to say, is to be untruthful.

                        You got to take the good with the bad
                        I posted the 2019 charts that showed I'm right, and it showed that you lied when you claimed inflation never got below 2% until Covid.

                        Originally posted by Greget
                        Josh, all your chart suggests is that inflation was already trending up when Biden took office. As the saying goes, correlation is not causation. But we aren't all in a fox news bubble and we know the true causes of inflation like trump's trade war, massive covid inaction, and general Putin friendliness. Biden has reacted brilliantly, and we have the data to prove his policies, like the Inflation Reduction Act, have been working.

                        For all the blame you put in Biden for inflation, Maga can never explain why exactly beyond wokeness or socialism or anti trans crap.
                        They suggest inflation was trending down when Biden took office. What caused inflation to spike through the roof was the democrats trillions of spending in early 2021, you can look at a chart and see when inflation really started to spike. The Fed raising rates has done much more to lower the democrats' inflation than anything. Unfortunately, it looks like we're going to have a severe recession due to the dremocrats' wreckless spending.

                        The democrats' inflation will turn into the democrats' depression.
                        Comment
                        • Greget
                          SBR Posting Legend
                          • 11-01-10
                          • 10516

                          #47
                          Originally posted by guitarjosh
                          They suggest inflation was trending down when Biden took office. What caused inflation to spike through the roof was the democrats trillions of spending in early 2021, you can look at a chart and see when inflation really started to spike.
                          The democrats' inflation will turn into the democrats' depression.
                          Trump spent trillions all four years and presided over the largest deficit in US History. Biden has cut that in half... Try again.


                          To say federal spending caused inflation is simplistic at best, most economists would take a more nuanced view that accounts for the entirety of the geopolitical events> Here is a good article to help educate yourself. https://www.forbes.com/sites/qai/202...h=60f4067f61e7

                          I agree raising rates reduces inflation, you might want to explain that to your buddies in MAGA world, but it wasn't as effective as when combined with President Biden's historic legislation and actions.

                          As for your recession/depression predictions, you've been saying that for some time. Meanwhile the stockmarket is nearly at it's high again, unemployment super low, 13 million new jobs, wages on the rise (especially for lower income individuals).
                          Comment
                          • JIBBBY
                            SBR Aristocracy
                            • 12-10-09
                            • 83686

                            #48
                            Trump one of the greatest Presidents in US history. Great economy and world peace under him.

                            First President to challenge the Washington swamp and he's paying the price for it today as they are now trying to throw him in prison on light weight BS charges.
                            Comment
                            • DwightShrute
                              SBR Aristocracy
                              • 01-17-09
                              • 103072

                              #49
                              Originally posted by Greget
                              Trump spent trillions all four years and presided over the largest deficit in US History. Biden has cut that in half... Try again.


                              To say federal spending caused inflation is simplistic at best, most economists would take a more nuanced view that accounts for the entirety of the geopolitical events> Here is a good article to help educate yourself. https://www.forbes.com/sites/qai/202...h=60f4067f61e7

                              I agree raising rates reduces inflation, you might want to explain that to your buddies in MAGA world, but it wasn't as effective as when combined with President Biden's historic legislation and actions.

                              As for your recession/depression predictions, you've been saying that for some time. Meanwhile the stockmarket is nearly at it's high again, unemployment super low, 13 million new jobs, wages on the rise (especially for lower income individuals).
                              Here are a couple good articles to help educate yourself.


                              FACT CHECK: Did President Biden Lower The Deficit?

                              President Biden keeps claiming that he has lowered the deficit despite multiple multi-trillion-dollar spending plans that are unpaid for.

                              False. Completely make believe.

                              President Biden is playing make-believe again. He is taking undeserved credit for lowering the deficit by making yet another disingenuous argument.
                              Last fall, the nonpartisan Congressional Budget Office
                              released the following economic data: The federal deficit, or federal budget shortfall, declined to $1.4 trillion in the 2022 fiscal year. This is down by nearly half of the $2. Trillion deficit from the prior year.
                              The CBO explained that the drop resulted from two driving factors: increased government revenues or taxes (particularly from individual income taxes) and decreased government expenditures or spending on temporary Covid-19-related programs, such as stimulus checks and small-business loans.
                              In short, as the economy reopened, workers went back to work and consumers were spending more on goods, services, and leisure again, tax revenue climbed. That is the economy working on its own.
                              https://www.iwf.org/2023/01/17/fact-check-did-president-biden-lower-the-deficit/

                              Biden’s Deficit Spin


                              “The President’s actions to date have not reduced deficits but instead increased them,” CRFB wrote. “Between the American Rescue Plan, the bipartisan infrastructure law, and various executive orders, we estimate at least $2.5 trillion has been added to deficits through 2031 over the President’s term so far.”
                              https://www.factcheck.org/2022/04/bidens-deficit-spin/

                              Comment
                              • guitarjosh
                                SBR Hall of Famer
                                • 12-25-07
                                • 5784

                                #50
                                Originally posted by Greget
                                Trump spent trillions all four years and presided over the largest deficit in US History. Biden has cut that in half... Try again.


                                To say federal spending caused inflation is simplistic at best, most economists would take a more nuanced view that accounts for the entirety of the geopolitical events> Here is a good article to help educate yourself. https://www.forbes.com/sites/qai/202...h=60f4067f61e7

                                I agree raising rates reduces inflation, you might want to explain that to your buddies in MAGA world, but it wasn't as effective as when combined with President Biden's historic legislation and actions.

                                As for your recession/depression predictions, you've been saying that for some time. Meanwhile the stockmarket is nearly at it's high again, unemployment super low, 13 million new jobs, wages on the rise (especially for lower income individuals).
                                The largest deficits are due to the Covid lockdowns and aftermath. Did you think we shouldn't have locked down and been more like Sweden? At the time, the vast majority of democrats in congress voted for all of that. If you look at annual deficits as a % of GDP, 2021 & 2022 had larger deficits than 2017, 2018, & 2019. Covid messed everything up. Nice try not putting things in proper context.

                                The problem is your article admits that a significant amount of inflation is due to extra government spending.

                                You keep claiming that Biden's policies lowered inflation, but you haven't shown a shred of evidence to back it up.

                                I've been saying it for less than a year, in fact, I really haven't soured on the economy until the past couple of months. The stock market is in irrational exuberance mode, the unemployment is roughly what it was before Covid hit, the vast majority of those jobs aren't new, they're people getting their old jobs back after Covid, and wages are falling when you adjust for inflation.
                                Comment
                                • goduke
                                  SBR Posting Legend
                                  • 02-17-10
                                  • 11580

                                  #51
                                  Originally posted by TheMoneyShot
                                  The way things are looking around the globe.... I guess 5.94% you'd live with.... and hopefully there's nothing additional on the back end of your mortgage.

                                  If the USA was ran properly... the rate would be 3.99% and lower with an excellent credit score. Biden is accountable... because the increase happened under his watch. Allowing banks to rob us... is ridiculous. They are already making a killing at 4%.
                                  Everyone said we would go into a deep recession when he was elected. He might be old and a weirdo but the people he surrounded himself with have prevented what everyone was saying was an absolute lock to happen. His team deserves credit for that
                                  Comment
                                  • goduke
                                    SBR Posting Legend
                                    • 02-17-10
                                    • 11580

                                    #52
                                    Originally posted by guitarjosh
                                    The largest deficits are due to the Covid lockdowns and aftermath. Did you think we shouldn't have locked down and been more like Sweden? At the time, the vast majority of democrats in congress voted for all of that. If you look at annual deficits as a % of GDP, 2021 & 2022 had larger deficits than 2017, 2018, & 2019. Covid messed everything up. Nice try not putting things in proper context.

                                    The problem is your article admits that a significant amount of inflation is due to extra government spending.

                                    You keep claiming that Biden's policies lowered inflation, but you haven't shown a shred of evidence to back it up.

                                    I've been saying it for less than a year, in fact, I really haven't soured on the economy until the past couple of months. The stock market is in irrational exuberance mode, the unemployment is roughly what it was before Covid hit, the vast majority of those jobs aren't new, they're people getting their old jobs back after Covid, and wages are falling when you adjust for inflation.
                                    I don’t think anyone was putting into context Obama’s time after Bush buried us in a deficit and mortgage crisis. Everyone on the right blamed Obama.
                                    Comment
                                    • Greget
                                      SBR Posting Legend
                                      • 11-01-10
                                      • 10516

                                      #53
                                      Originally posted by guitarjosh
                                      The largest deficits are due to the Covid lockdowns and aftermath. Did you think we shouldn't have locked down and been more like Sweden? At the time, the vast majority of democrats in congress voted for all of that. If you look at annual deficits as a % of GDP, 2021 & 2022 had larger deficits than 2017, 2018, & 2019. Covid messed everything up. Nice try not putting things in proper context.

                                      The problem is your article admits that a significant amount of inflation is due to extra government spending.

                                      You keep claiming that Biden's policies lowered inflation, but you haven't shown a shred of evidence to back it up.

                                      I've been saying it for less than a year, in fact, I really haven't soured on the economy until the past couple of months. The stock market is in irrational exuberance mode, the unemployment is roughly what it was before Covid hit, the vast majority of those jobs aren't new, they're people getting their old jobs back after Covid, and wages are falling when you adjust for inflation.
                                      Given all of your predictions are typically wrong, I don't think I believe a word you say on the direction of the economy. I stated already that covid was a large part of the reason for inflation, and I put that mismanagement on Trump, he was President at the critical time we could have done something about covid, but he let it spread and here we are.

                                      The article I posted provided all the established theories, of which government spending is just one, but there seems to be less and less reason to believe that is the reason given we have recently increased government spending and inflation has come down, along with the deficit because rich people are finally paying a little in taxes. Looking at the deficit in raw terms, it's undeniable, Biden reduced the deficit, and trump resided over the largest deficit in US History. Just facts.
                                      Comment
                                      • Greget
                                        SBR Posting Legend
                                        • 11-01-10
                                        • 10516

                                        #54
                                        Originally posted by DwightShrute
                                        Here are a couple good articles to help educate yourself.

                                        https://www.factcheck.org/2022/04/bidens-deficit-spin/
                                        From your own source...
                                        A Penn Wharton Budget Model analysis of Biden’s proposed FY 2023 federal budget — which includes more federal spending but also new revenues such as higher taxes on high-income earners — concluded that it would reduce government debt in the first decade (relative to current law, meaning the law without Biden’s budget being enacted) according to a conventional “static” forecast. That’s relatively in line with the White House projecting that its budget would cut deficits by more than $1 trillion over 10 years.


                                        LMFAO, only dumwit would post an article that completely contradicts his post.
                                        Comment
                                        • Greget
                                          SBR Posting Legend
                                          • 11-01-10
                                          • 10516

                                          #55
                                          Let's take a look at some of Biden's amazing accomplishments

                                          Lowering Costs and Giving Families More Breathing Room


                                          As our economy transitions from a historically strong recovery to stable and steady growth, the President has remained laser-focused on continuing to lower costs for families and giving them more breathing room, without giving up the historic economic gains we’ve made. While more work remains, there are clear signs that the President’s strategy is working. Annual inflation is lower than it was seven months ago, gas prices are down $1.60 per gallon since their peak last summer, and unemployment remains at its lowest level in 54 years, while take home pay has gone up. And the Biden-Harris Administration has taken historic action to lower the costs of health care, clean energy, and prescription drugs, eliminate junk fees that make it harder for families to make ends meet, promote greater competition to lower costs, and address pandemic-driven supply chain bottlenecks. While some Congressional Republicans have proposed repealing the Inflation Reduction Act and taken other actions that would raise costs for working families, the President’s Budget takes a very different approach—proposing a package of policies to continue lowering everyday costs for the American people.

                                          Cuts Taxes for Families with Children and American Workers. The President is calling for the restoration of the full Child Tax Credit enacted in the American Rescue Plan, which cut child poverty in half in 2021, to the lowest level in history. The Budget would expand the credit from $2,000 per child to $3,000 per child for children six years old and above, and to $3,600 per child for children under six. The Budget would also permanently reform the credit to make it fully refundable. The President also calls on the Congress to make the Earned Income Tax Credit expansion for childless workers permanent, which would help pull low-paid workers out of poverty.
                                          Comment
                                          • Greget
                                            SBR Posting Legend
                                            • 11-01-10
                                            • 10516

                                            #56
                                            Improves College Affordability and Expands Free Community College. The Budget proposes to increase the discretionary maximum Pell Grant by $500—helping more than 6.8 million students pay for college, building on successful bipartisan efforts to increase the maximum Pell Grant award by $900 over the past two years, and laying out a path to double the award by 2029. The Budget also invests mandatory and discretionary funding to expand free community college, and provides mandatory funding for two years of subsidized tuition for students from families earning less than $125,000 enrolled in a participating four-year Historically Black College or University (HBCU), Tribally-Controlled College or University (TCCU), or Minority-Serving Institution (MSI).
                                            Comment
                                            • Greget
                                              SBR Posting Legend
                                              • 11-01-10
                                              • 10516

                                              #57
                                              Lowers Home Energy and Water Costs. The Budget provides $4.1 billion for the Low Income Home Energy Assistance Program (LIHEAP), building on the $13 billion provided in the Inflation Reduction Act to reduce energy bills for families, expand clean energy, transform rural power production, and create thousands of good-paying jobs for people across rural America. Since the Low Income Household Water Assistance Program (LIHWAP) expires at the end of 2023, the Budget proposes to expand LIHEAP funding and allow States the option to use a portion of their LIHEAP funds to provide water bill assistance to low-income households.

                                              Increases Food Security. As called for in the National Strategy on Hunger, Nutrition and Health, the Budget provides over $15 billion to allow more States and schools to leverage participation in the Community Eligibility Program and provide healthy and free school meals to an additional 9 million children. The Budget also includes $6.3 billion to support the 6.5 million individuals expected to participate in the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC).
                                              Comment
                                              • Greget
                                                SBR Posting Legend
                                                • 11-01-10
                                                • 10516

                                                #58
                                                Protecting and Strengthening Medicare and Social Security

                                                The President has always believed that Medicare and Social Security are a promise—a rock-solid guarantee generations of Americans have counted on to be able to retire with dignity and security. The President will reject any efforts to cut the Medicare or Social Security benefits that seniors and people with disabilities have earned and paid into their entire working lives. The Budget honors that ironclad commitment—not only by rejecting benefit cuts, but by embracing reforms and investments that will protect and strengthen both programs. The President is committed to working with Congress to ensure Medicare and Social Security remain strong for their beneficiaries, now and in the future.

                                                Protects and Strengthens Medicare. The Budget strengthens Medicare by extending the solvency of the Medicare Trust Fund by at least 25 years, without cutting any benefits or raising costs for beneficiaries. The Budget includes key reforms to the tax code to ensure high-income individuals pay their fair share into the Medicare HI trust fund. It also directs the revenue from the Net Investment Income Tax into the HI trust fund as was originally intended. Finally, the Budget directs the savings from the Budget’s proposed Medicare drug reforms into the HI trust fund.

                                                Protects the Social Security Benefits that Americans Have Earned. The Administration is committed to protecting and strengthening Social Security and opposes any attempt to cut Social Security benefits for current or future recipients. The Administration looks forward to working with the Congress to responsibly strengthen Social Security by ensuring that high-income individuals pay their fair share. The Budget also invests in staff, information technology, and other improvements at the Social Security Administration, providing an increase of $1.4 billion, a 10 percent increase, over the 2023 enacted level. These funds would improve customer service at Social Security Administration field offices, State disability determination services, and teleservice centers for retirees, individuals with disabilities, and their families.

                                                Growing the Economy from the Bottom up and Middle Out by Investing in America and Its People

                                                The Budget proposes smart, targeted investments to grow the economy from the bottom up and middle out, not the top down, by investing in America and its people—investing in the foundations of our country’s economic strength; confronting the climate crisis while creating clean energy jobs; and advancing equity, dignity, and opportunity and strengthening our democracy.
                                                Comment
                                                • Greget
                                                  SBR Posting Legend
                                                  • 11-01-10
                                                  • 10516

                                                  #59
                                                  Investing in the Foundations of Our Economic Strength

                                                  Invests in American Manufacturing. The Budget provides $375 million for the National Institutes of Standards and Technology’s (NIST) Industrial Technology Services to support the progress of NIST’s existing manufacturing institute, fund a new institute to be launched in 2023, and promote domestic production of institute-developed technologies. The Budget also includes $277 million for the Manufacturing Extension Partnership, a public-private partnership that offers advisory services to small and medium enterprises.

                                                  Makes Historic Investments in Innovation and Cutting-Edge Research. The Budget provides almost $21 billion in discretionary spending for CHIPS and Science Act-authorized activities. This funding includes $1.2 billion for the CHIPS and Science Act-authorized Directorate for Technology, Innovation, and Partnerships to help accelerate and translate scientific research into innovations, industries, and jobs, as well as $300 million for NSF’s Regional Innovation Engines program to galvanize use-inspired research, technology translation, and workforce development. Within DOE’s Office of Science, the Budget also supports cutting-edge research in artificial intelligence, quantum information sciences, microelectronics, and isotope production at the national laboratories and universities. In addition, the Budget requests $4 billion in new mandatory funding for the Regional Technology and Innovation Hub Program at the Economic Development Administration. And the Budget provides $210 billion for Federal research and development, an historic level of investment in American science, technology and innovation.

                                                  Provides National, Comprehensive Paid Family and Medical Leave and Calls for Paid Sick Leave for All Workers. Workers power our economy—and when they thrive, our economy thrives. The Budget proposes to establish a national, comprehensive paid family and medical leave program, providing up to 12 weeks of leave to allow eligible workers to take time off to care and bond with a new child; care for a seriously ill loved one; heal from their own serious illness; address circumstances arising from a loved one’s military deployment; or find safety from domestic violence, sexual assault, or stalking. The President also calls on Congress to require employers to provide seven job-protected paid sick days each year to all workers.
                                                  Comment
                                                  • Greget
                                                    SBR Posting Legend
                                                    • 11-01-10
                                                    • 10516

                                                    #60
                                                    I could go on for days.Meanwhile Trump going to Prison LMFAO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !

                                                    WINNING!
                                                    Comment
                                                    • Greget
                                                      SBR Posting Legend
                                                      • 11-01-10
                                                      • 10516

                                                      #61
                                                      Fascism will never win in America. Capiche trumpcucks?
                                                      Comment
                                                      • guitarjosh
                                                        SBR Hall of Famer
                                                        • 12-25-07
                                                        • 5784

                                                        #62
                                                        Originally posted by goduke
                                                        I don’t think anyone was putting into context Obama’s time after Bush buried us in a deficit and mortgage crisis. Everyone on the right blamed Obama.
                                                        The arguments that the democrats make about being good for the economy are taking credit for the lowest interest rates in 30 years & the internet going mainstream under Bill Clinton + the lowest average interest rates ever and the most proactive Fed in history buying up trillions of assets under Obama.

                                                        Speaking of blame, the left called the global financial crisis the Bush Recession, as if Bush was the president of the world. But again, this is what narcissists do, blame everyone else for anything bad and take credit for anything good.
                                                        Comment
                                                        • guitarjosh
                                                          SBR Hall of Famer
                                                          • 12-25-07
                                                          • 5784

                                                          #63
                                                          Originally posted by Greget
                                                          Given all of your predictions are typically wrong, I don't think I believe a word you say on the direction of the economy. I stated already that covid was a large part of the reason for inflation, and I put that mismanagement on Trump, he was President at the critical time we could have done something about covid, but he let it spread and here we are.

                                                          The article I posted provided all the established theories, of which government spending is just one, but there seems to be less and less reason to believe that is the reason given we have recently increased government spending and inflation has come down, along with the deficit because rich people are finally paying a little in taxes. Looking at the deficit in raw terms, it's undeniable, Biden reduced the deficit, and trump resided over the largest deficit in US History. Just facts.
                                                          Go ahead and link to predictions I've made that have been wrong. Of course, you can't because you're lying. Tell us what Trump should have done that would have made us not feel the effects of Covid at all. Do you think he shouldn't have locked down like Sweden?

                                                          The article you posted literally said that a significant amount of the inflation was due to government spending, so much so that if it's a constant, we could have no inflation right now. The rest of that paragraph is an out-of-context fallacy. You're intentionally not factoring the impact Covid had on the economy in 2020 and after. If that's the only way you can make Biden look bad, that's just downright sad.

                                                          As for the rest of the drivel you posted, it's literally propaganda directly from the White House website.
                                                          Comment
                                                          • ericc
                                                            SBR Hall of Famer
                                                            • 08-05-08
                                                            • 8278

                                                            #64
                                                            Comment
                                                            • jackpot269
                                                              SBR Posting Legend
                                                              • 09-24-07
                                                              • 12842

                                                              #65
                                                              Originally posted by guitarjosh
                                                              The largest deficits are due to the Covid lockdowns and aftermath. Did you think we shouldn't have locked down and been more like Sweden? At the time, the vast majority of democrats in congress voted for all of that. If you look at annual deficits as a % of GDP, 2021 & 2022 had larger deficits than 2017, 2018, & 2019. Covid messed everything up. Nice try not putting things in proper context.

                                                              The problem is your article admits that a significant amount of inflation is due to extra government spending.

                                                              You keep claiming that Biden's policies lowered inflation, but you haven't shown a shred of evidence to back it up.

                                                              I've been saying it for less than a year, in fact, I really haven't soured on the economy until the past couple of months. The stock market is in irrational exuberance mode, the unemployment is roughly what it was before Covid hit, the vast majority of those jobs aren't new, they're people getting their old jobs back after Covid, and wages are falling when you adjust for inflation.
                                                              Not putting things in context is your wheelhouse, If you going to blame everything bad at the end of Trumps term on covid, (sure covid was bad but he is not the first POTUS to lead during a crisis, but he complained more than all the rest combined) then you have to say that about inflation when the economy was opening back up under Biden.

                                                              Pick a position and stick with it. Either a POTUS is reasonable for the country and what happens when in office, or have your but, but, but, but, but, but, post to make excuses for them. Pick one or the other, not the one that suits you at the time.

                                                              GOP supporters are hypocrites. They want to change the way we look at things on how it looks best for them. Then switch back when it doesn't.
                                                              Comment
                                                              • jackpot269
                                                                SBR Posting Legend
                                                                • 09-24-07
                                                                • 12842

                                                                #66
                                                                Originally posted by guitarjosh
                                                                The arguments that the democrats make about being good for the economy are taking credit for the lowest interest rates in 30 years & the internet going mainstream under Bill Clinton + the lowest average interest rates ever and the most proactive Fed in history buying up trillions of assets under Obama.

                                                                Speaking of blame, the left called the global financial crisis the Bush Recession, as if Bush was the president of the world. But again, this is what narcissists do, blame everyone else for anything bad and take credit for anything good.


                                                                Thats Mr. trump to a T I guess he is a narcissists. blame everyone else for anything bad and take credit for anything good. Thats definds Trump
                                                                Comment
                                                                • guitarjosh
                                                                  SBR Hall of Famer
                                                                  • 12-25-07
                                                                  • 5784

                                                                  #67
                                                                  Originally posted by jackpot269
                                                                  Not putting things in context is your wheelhouse, If you going to blame everything bad at the end of Trumps term on covid, (sure covid was bad but he is not the first POTUS to lead during a crisis, but he complained more than all the rest combined) then you have to say that about inflation when the economy was opening back up under Biden.

                                                                  Pick a position and stick with it. Either a POTUS is reasonable for the country and what happens when in office, or have your but, but, but, but, but, but, post to make excuses for them. Pick one or the other, not the one that suits you at the time.

                                                                  GOP supporters are hypocrites. They want to change the way we look at things on how it looks best for them. Then switch back when it doesn't.
                                                                  I'm simply playing the left's game. They claim the economy of December 2019 is due to Obama, the economy of 2020 is because of Trump, the economic growth and job creation from January 2021 - today is because of Biden, but the inflation is Trump's fault. This is a narcissistic trait and they should be called out for being toxic and having their allegiance to their party and not their country.

                                                                  Originally posted by jackpot269
                                                                  [/B]
                                                                  Thats Mr. trump to a T I guess he is a narcissists. blame everyone else for anything bad and take credit for anything good. Thats definds Trump
                                                                  Yeah, he is. You evil narcissists deserve him.
                                                                  Comment
                                                                  • JIBBBY
                                                                    SBR Aristocracy
                                                                    • 12-10-09
                                                                    • 83686

                                                                    #68
                                                                    I support Trump because the Left is trying everything to jail him right before the election.

                                                                    FBI, CIA, DA's in blue States and the DOJ all run by crooked Democrats now. Weaponized and politicized! : (
                                                                    Comment
                                                                    • guitarjosh
                                                                      SBR Hall of Famer
                                                                      • 12-25-07
                                                                      • 5784

                                                                      #69
                                                                      Originally posted by JIBBBY
                                                                      I support Trump because the Left is trying everything to jail him right before the election.

                                                                      FBI, CIA, DA's in blue States and the DOJ all run by crooked Democrats now. Weaponized and politicized! : (
                                                                      Not only that, but both parties always claim that they want to "drain the swamp". Have you looked at DC and the surrounding suburbs in Virginia and Maryland? They're all deep blue! How will you drain the swamp when you vote the same way the swamp things vote?
                                                                      Comment
                                                                      • Fishhead
                                                                        SBR Aristocracy
                                                                        • 08-11-05
                                                                        • 40179

                                                                        #70
                                                                        Originally posted by jibbby
                                                                        i support trump because the left is trying everything to jail him right before the election.

                                                                        Fbi, cia, da's in blue states and the doj all run by crooked democrats now. Weaponized and politicized! : (

                                                                        true
                                                                        Comment
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