Bidenomics - Everything's Going Just Great!

[Nostra]

If Trump got 8 years he would have spent 17 trillion. Obama 10 trillion.

Hey sealybobo some friendly advice. Never talk numbers again. Here, or anywhere. EVER.

You really suck at numbers. Obama spend $10 trillion?

Facts show he spent over $23 TRILLION.

2010 $1,531.019 $2,902.397 -$1,371.378 2011 $1,737.678 $3,104.459 -$1,366.781 2012 $1,880.489 $3,018.975 -$1,138.486 2013 $2,101.832 $2,281.070 -$719.238 2014 $2,285.926 $2,800.231 -$514.305 2015 $2,479.518 $2,948.773 -$469.255 2016 $2,457.785 $3,077.942 -$620.157 2017 $2,465.566 $3,180.429 -$714.863

US Federal Budgetary Spending by Year – Polidiotic

 

[Faun]

Hey sealybobo some friendly advice. Never talk numbers again. Here, or anywhere. EVER.

You really suck at numbers. Obama spend $10 trillion?

Facts show he spent over $23 TRILLION.

2010 $1,531.019 $2,902.397 -$1,371.378 2011 $1,737.678 $3,104.459 -$1,366.781 2012 $1,880.489 $3,018.975 -$1,138.486 2013 $2,101.832 $2,281.070 -$719.238 2014 $2,285.926 $2,800.231 -$514.305 2015 $2,479.518 $2,948.773 -$469.255 2016 $2,457.785 $3,077.942 -$620.157 2017 $2,465.566 $3,180.429 -$714.863

US Federal Budgetary Spending by Year – Polidiotic

Whereas Trump spent $18t in 4 years. Per year average...

Obama: $2.9t
Trump: $4.6t

 

[sealybobo]

Hey sealybobo some friendly advice. Never talk numbers again. Here, or anywhere. EVER.

You really suck at numbers. Obama spend $10 trillion?

Facts show he spent over $23 TRILLION.

2010 $1,531.019 $2,902.397 -$1,371.378 2011 $1,737.678 $3,104.459 -$1,366.781 2012 $1,880.489 $3,018.975 -$1,138.486 2013 $2,101.832 $2,281.070 -$719.238 2014 $2,285.926 $2,800.231 -$514.305 2015 $2,479.518 $2,948.773 -$469.255 2016 $2,457.785 $3,077.942 -$620.157 2017 $2,465.566 $3,180.429 -$714.863

US Federal Budgetary Spending by Year – Polidiotic

Fake news! Dude, I'm in Florida right now. Why is food soooo expensive here?

 

[Esoteric Inkling]

 

[dudmuck]

No stupid, Bidenflation has far outpaced any wage increases. Holy shit you are dumb.

d

 

[sealybobo]

I don't rent, I own...

Kimmel Tricks Trump Voters Into Revealing What They Really Think About Trump

The late-night comedian’s crew pulled a “Debate and Switch” on fans of the former president.

www.huffpost.com

Go to 7 minutes in. Jimmy shows how Fox News is bipolar news. One program they are telling viewers how great the economy is but then in other programs they have talking heads talking about what a disaster Biden's economy is. Unbelievable.

Then after that he shows how bipolar trump supporters are. They asked the woman what do you think about Biden suggesting covid could be cured by using a bright light inside the body. She said "clearly he's a dementia and it's an uneducated statement. Then the interviewer said "oops, I got my notes mixed up. Can I start over? Then she asked the same question only Trump said it and suddenly the woman thought the idea was brilliant?

 

[sealybobo]

Oh really?

Inflation is at 9% like it was?

No?

It’s down in the 3% range?

Yeah… that 9% inflation is in the past

and the causes of ( brought about by actions of BOTH Biden and Trump) it are as well.

"We don't think there is much scope for Trump to repeat the fiscal expansion and tax breaks which boosted equities during his first term in office; instead, we think the policy most likely to move markets this time would be escalating the 'trade war' with China and potentially imposing universal tariffs on US imports,"

For his part, Trump said earlier this month that he would consider implementing a sky-high 60% tariff on Chinese goods if he were re-elected. That would be significantly more than the tariffs Trump implemented in 2018, and not only would it disrupt global trade, but it would undo a lot of the progress the Federal Reserve has made in combatting inflation.

"His tariff proposals would probably trigger a rebound in inflation which could persuade the FOMC to raise interest rates,"
So Trump's trade war with China that he lost caused inflation? Of course it did. My company had a hard time ordering one of our machines that is made in China.

I know blue collar Republicans aren't affected when Trump disrupts the flow of business but I am.

And now I see this also played a role in causing inflation. Add this to the list of reasons inflation is Trump's fault.

Ron DeSantis and Chris Christie Call Out Trump for Adding to Federal Debt​

"He owes it to you to defend his record where they added $7.8 trillion to the debt that set the stage for the inflation that we have."​

 

[debbiedowner]

"We don't think there is much scope for Trump to repeat the fiscal expansion and tax breaks which boosted equities during his first term in office; instead, we think the policy most likely to move markets this time would be escalating the 'trade war' with China and potentially imposing universal tariffs on US imports,"

For his part, Trump said earlier this month that he would consider implementing a sky-high 60% tariff on Chinese goods if he were re-elected. That would be significantly more than the tariffs Trump implemented in 2018, and not only would it disrupt global trade, but it would undo a lot of the progress the Federal Reserve has made in combatting inflation.

"His tariff proposals would probably trigger a rebound in inflation which could persuade the FOMC to raise interest rates,"
So Trump's trade war with China that he lost caused inflation? Of course it did. My company had a hard time ordering one of our machines that is made in China.

I know blue collar Republicans aren't affected when Trump disrupts the flow of business but I am.

And now I see this also played a role in causing inflation. Add this to the list of reasons inflation is Trump's fault.

Ron DeSantis and Chris Christie Call Out Trump for Adding to Federal Debt​

"He owes it to you to defend his record where they added $7.8 trillion to the debt that set the stage for the inflation that we have."​

They think the economy is bad now just wait until Trump imposes the tariffs.

Trumponomics? He would impose the equivalent of a huge tax hike​

MSN

www.msn.com

If Donald Trump becomes president again, one of his first moves will take money out of your pocket just as a tax hike would.

Trump hasn't outlined much of an economic program, but he has promised to impose a massive increase in tariffs on imports from almost all foreign countries — everything from bananas and baby formula to computer chips and machine parts.

And that’s the equivalent of a tax hike, because the costs of tariffs are paid almost entirely by the buyers of imported goods, whether they are Walmart shoppers or U.S. businesses that rely on foreign components.

Trump boasts that the tariffs he imposed in 2018 and 2019 brought billions of dollars into the Treasury, and promises a similar revenue increase in a second term. “The United States will make an absolute FORTUNE,” his campaign website says.

Here’s the problem: Contrary to what the former president seems to think, tariffs aren’t paid by foreign companies or governments. They’re initially paid by the U.S. companies that import the goods, but those importers almost always pass the cost on to consumers in the form of higher prices.

This time, Trump is proposing a “universal” tariff of 10% on goods from every country in the world. He has also mused about megatariffs of more than 60% that he wants to slap on China in hopes of forcing Beijing to lower its tariffs and treat U.S. companies fairly.

 

[sealybobo]

They think the economy is bad now just wait until Trump imposes the tariffs.

Trumponomics? He would impose the equivalent of a huge tax hike​

MSN

www.msn.com

If Donald Trump becomes president again, one of his first moves will take money out of your pocket just as a tax hike would.

Trump hasn't outlined much of an economic program, but he has promised to impose a massive increase in tariffs on imports from almost all foreign countries — everything from bananas and baby formula to computer chips and machine parts.

And that’s the equivalent of a tax hike, because the costs of tariffs are paid almost entirely by the buyers of imported goods, whether they are Walmart shoppers or U.S. businesses that rely on foreign components.

Trump boasts that the tariffs he imposed in 2018 and 2019 brought billions of dollars into the Treasury, and promises a similar revenue increase in a second term. “The United States will make an absolute FORTUNE,” his campaign website says.

Here’s the problem: Contrary to what the former president seems to think, tariffs aren’t paid by foreign companies or governments. They’re initially paid by the U.S. companies that import the goods, but those importers almost always pass the cost on to consumers in the form of higher prices.

This time, Trump is proposing a “universal” tariff of 10% on goods from every country in the world. He has also mused about megatariffs of more than 60% that he wants to slap on China in hopes of forcing Beijing to lower its tariffs and treat U.S. companies fairly.

Every time Republicans control the country they ruin a good thing. Trump's trade war with China slowed growth in 2019 to 2.3%. Biden is over 3% in 3rd quarter. Greatest president ever by Trump's standards.