Hodad Posted June 9, 2023 Report Share Posted June 9, 2023 3 hours ago, CdnFox said: Ahhh the old joke about calling an insult 'Not an insult - factual statement" You were totally triggered and sorry, you can't excuse your way out of that. And you're a know-nothing fanboy, as demonstrated handily this, your most recent post. Can't excuse your way out of that. ? Quote It is a fact he still ran deficits for YEARS after the crisis was over (a crisis caused by dem policy to begin with, but that's another topic). And the only reason they came down is the fighting with the GOP over debt ceiling increases. Nobody "turns off" deficit spending. It's not a faucet. You gradually wind it down to avoid shocking and disrupting the recovery as growth closes the gap from the other side. You have no idea what you're talking about. Quote Biden did NOT inherit a financial crisis. He inherited a pandemic crisis. The moment that was over the finances began to right themselves. HIs overreaction and gross mishandling has lead to high interest rates and even higher inflation. The fact is that the crisis is over but it's still higher than it was under trump. Congrats. ^^This is now one of the dumbest things on the internet. You may be the only person in the world who believes that massive disruption to productivity, consumer activity, employment and supply chains do not constitute a financial crisis. And what you describe as Biden's overreaction was in fact less action than Trump (hence why the deficits decreased rather than increased) and the inflation is mostly a product of the supply chain disruption and the interest rates are standard remedy to inflation. You clearly do not understand how these things relate to one another in an economy. Quote Nothing grand perhaps - but i never claimed there was Good tho - yep it was good. As we've previously noted GDP went up nicely - far better than obama's and almost instantly after trumps tax cuts. And gdp per capita, not just gdp. As who previously noted? Regardless, it's more fanboy crap. The GDP under Trump was not better, let alone "far better." Coming out of the Great Recession while reducing deficits the Obama economy was nearly identical to what Trump managed--except that Trump had no recovery to manage while growing the deficits. Quote AND YOUR OWN GRAPH SHOWS THAT TRUMP'S AVERAGE DEFICIT WAS STILL LOWER THAN OBAMA'S - right up until covid. You literally posted the proof that trump was better in your own graph. WTF is wrong with you? Do you really think the average deficit of an administration recovering from the Great Recession should be compared to the average deficit of a post-recovery administration facing no such challenge? That's asinine. What you should be paying attention to is the direction that the administrations moved--the turning points. No POTUS has control over what they inherit. Instead, fiscal responsibility is graded on what they do with the hands they were dealt. Obama started with a huge recovery deficit and brought it down gradually over his time in office as the recovery allowed. And in contrast, Trump took the progress made reducing deficits and reversed course to drive them back up--for various stupid reasons, but mostly fan service. And again, contrasted with Biden, who inherited a dumpster fire and has been navigating a recovery while still reducing deficits. None of these presidents is going to go down in history as fiscal conservatives, but the contrast between the two who were trying to put out (or at least manage) raging fires of deficit and the one who threw thought it would be fun to throw on more gas. Quote Link to comment Share on other sites More sharing options...
West Posted June 9, 2023 Report Share Posted June 9, 2023 On 6/2/2023 at 6:53 AM, NYLefty said: I really feel for right wingers who are stepping over each other to prove they're not Nazi Racists. Gives me a belly laugh when seeing them in the local Mexican eateries trying to be friendly to the Mexican staff who's no doubt spitting in their enchiladas ?? Who's stepping over themselves ?.. Most of the time we just pity you for being such a delusional scumbag 4 hours ago, CdnFox said: Ahhh the old joke about calling an insult 'Not an insult - factual statement" You were totally triggered and sorry, you can't excuse your way out of that. It is a fact he still ran deficits for YEARS after the crisis was over (a crisis caused by dem policy to begin with, but that's another topic). And the only reason they came down is the fighting with the GOP over debt ceiling increases. Biden did NOT inherit a financial crisis. He inherited a pandemic crisis. The moment that was over the finances began to right themselves. HIs overreaction and gross mishandling has lead to high interest rates and even higher inflation. The fact is that the crisis is over but it's still higher than it was under trump. Nothing grand perhaps - but i never claimed there was Good tho - yep it was good. As we've previously noted GDP went up nicely - far better than obama's and almost instantly after trumps tax cuts. And gdp per capita, not just gdp. AND YOUR OWN GRAPH SHOWS THAT TRUMP'S AVERAGE DEFICIT WAS STILL LOWER THAN OBAMA'S - right up until covid. You literally posted the proof that trump was better in your own graph. ROFLMAO - seeing as you just proved yourself wrong... .maybe that's advice YOU should be following Trump's economy - Jobs up, Wages up, GDP up. Business investment up. Stock market up. The gains he was hoping for after the tax hikes were fizzling and he needed to do more to keep it going but he only got 3 years before covid hit. For the time he was in office - comparing his first term to obama's second - (when the crisis was long over), Trump did better by a modest amount. Trigg'd lefty.. how predictable Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.