You know better. You told us with the endless attacks on Trump. Progs are frauds. For there is less and less return with massive printing of fiat currency legislation agendas. Would we survive a 1980 or so Paul Volcker prime rate in double digits? Massive taxes are being collected with the two years of high inflation combined. Many of the peasants on wages and retirement income are falling behind. Privileged unions and tax hiding investments are not as affected as bad. Many will never catch up for the rest of their lives.
Deficit will fall 1.7 trillion in a year - the steepest deficit decline in American history
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You lying fag, Trump vetoed the spending bill because it was not big enough. Trump wanted to buy popularity with $2,000 covid handouts instead of $600.
bripat9643
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You don't discuss economics with Trump supporters because they cut everything you say to ribbons.
bripat9643
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How can a spending bill have deficit reduction?
Which party sent the spending bills to a president that they did everything to minimize His actions?Remember when republicans wouldn’t stop complaining about the deficit under Obama? They stopped since we know the deficit blew up under Trump.
Now under Biden? Deficit will see steepest decline.
Why has the deficit fallen? in part because of the record job growth, reduced spending, and better revenue stream.
Biden administration forecasts $1.03T deficit, down $400B
The Biden administration is forecasting that this year’s budget deficit will be nearly $400 billion lower than it estimated back in March, due in part to stronger than expected revenues, reduced spending, and an economy that has recovered all of the jobs lost during the multi-year pandemic. In...www.yahoo.com
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Do you believe that tax cuts for the wealthy pay for themselves, benefit the poor and middle class, and do not add to the deficit?
dudmuck
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What's In the Inflation Reduction Act? | Committee for a Responsible Federal Budget
2022-07-28-Update (9/7/2022): The Congressional Budget Office has released an official score of the final version of the Inflation Reduction Act
its a combination of savings and new revenue.
Mac1958
Diamond Member
As usual, none of this has anything to do with what I have said.
Deflection: Always a good sign.
Mac1958
Diamond Member
In your minds, yes.
Mac1958
Diamond Member
Trying to change the subject isn't going to work on me. The FACT is, your orange saint made Keynes himself turn over in his grave with his actions and then bragged about the results. Of course, then you and the rest of the rubes have bragged too, illustrating your ignorance.
In a non-recessionary period, he signed a massive spending bill, pushed the Fed to INCREASE QE, and pushed the Fed to DECREASE INTEREST RATES.
Highly inflationary, but he didn't care. He just wanted the brag to soothe his profoundly brittle self esteem. You can't change that. Tough shit.
bripat9643
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facts are what are in my mind. Fantasy is what's in yours.
bripat9643
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What "savings?" Revenue is not a spending bill, dumbass. The bill is a total lie. It's a giant pile of pork.What's In the Inflation Reduction Act? | Committee for a Responsible Federal Budget
2022-07-28-Update (9/7/2022): The Congressional Budget Office has released an official score of the final version of the Inflation Reduction Actwww.crfb.org
its a combination of savings and new revenue.
elektra
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Congress spends the money, not the president.
bripat9643
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Quit pretending you actually care about deficit spending. We all know that's just a charade. Biden signed trillions and trillions of deficit spending into law, and you cheered him.Trying to change the subject isn't going to work on me. The FACT is, your orange saint made Keynes himself turn over in his grave with his actions and then bragged about the results. Of course, then you and the rest of the rubes have bragged too, illustrating your ignorance.
In a non-recessionary period, he signed a massive spending bill, pushed the Fed to INCREASE QE, and pushed the Fed to DECREASE INTEREST RATES.
Highly inflationary, but he didn't care. He just wanted the brag to soothe his profoundly brittle self esteem. You can't change that. Tough shit.
Toddsterpatriot
Diamond Member
Trying to change the subject isn't going to work on me.
You're not aware of the QT that happened during Trump's term?
I'm not surprised.
Mac1958
Diamond Member
Of course I am. I've already described it.
Your orange saint made Keynes turn over in his grave, and you just can't bring yourself to admit it.
You probably don't even know what I'm talking about. Tough shit.
Toddsterpatriot
Diamond Member
You described the Trump QT? How large was it?
How true....must got the idea from Obama?
Obama Signs $1.8 Trillion Tax And Spending Bill Into Law
Obama Signs $1.8 Trillion Tax And Spending Bill Into Law
What party gave Him the money.....
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