The Inconvenient Truth About The Economy: Democrats Do It Better

[Arresmillao]

Actually, adding each year's inflation rate under Biden totals over 20%.
Inflation rates are cumulative, add upon those of previous year(s).
Rare is the negative, reduced inflation rate, and that often is short lived and quickly exceeded.

Administrations come and go, some more effective than others, in general Democrats have been more fiscally responsible, Republicans have cause almost all recessions including the great recession, and great depression, and that's OK, however, we never had anyone like trump, a felon, that covers all the bases when it comes to malice, a lifelong con man responsible for the demise of a multitude of finanocial debacles by stiffing contractors, accused by 25 women of rape in addition to being ordered to pay almost $100 million for raping and defaming E Jean Carroll, a pedophile mentioned over 38,00 times in Epstein files. Yet despite all this, controls a cult of millions of morons, that as long as he supports his racist ways, they support him

 

[rightwinger]

Depends on which numbers one uses and how they are spun.
Theoretically, the Conservative/Republicans are pro: For Profit ~ Free Enterprise ~Capitalism, which tends to be the Wealth Creation formula.
The Pseudo-Liberal(socialist)/Democrats are pro: Central Control Economics, Government Directed, Socialist Systems; which tend to be Wealth Redistribution formula.

Would imply that real, objective numbers would show in favor of the Right.
Manipulated and distorted numbers/data will favor the Left.

Republican fantasy that the economy does better with a Republican in office

Republicans bring recessions, few jobs and worse performing stock market

 

[rightwinger]

Actually, adding each year's inflation rate under Biden totals over 20%.
Inflation rates are cumulative, add upon those of previous year(s).
Rare is the negative, reduced inflation rate, and that often is short lived and quickly exceeded.

Interesting how you blame Biden for COVID related inflation but give Trump a pass for COVID related job loss and stock market crash

 

[Hafar1014]

Interesting how you blame Biden for COVID related inflation but give Trump a pass for COVID related job loss and stock market crash

What crash DOW is over 50,000. Inflation was caused by Bidens debt based spending and increase in oil prices caused by his suppression of production keeping it below demand so we would all be forced to buy EV cars. Biden just kept spending money we had to borrow and thats the real cause of inflation.
Trump gave us the vaccine Biden increased covid deaths. His open birder brought in thousands of infected illegals

 

[rightwinger]

What crash DOW is over 50,000. Inflation was caused by Bidens debt based spending and increase in oil prices caused by his suppression of production keeping it below demand so we would all be forced to buy EV cars. Biden just kept spending money we had to borrow and thats the real cause of inflation.
Trump gave us the vaccine Biden increased covid deaths. His open birder brought in thousands of infected illegals

Inflation was GLOBAL and was caused by COVID related supply chain interruptions and Ukraine war fuel shortages

Biden got inflation down to 3 percent by the end of his term

 

[Hafar1014]

Inflation was GLOBAL and was caused by COVID related supply chain interruptions and Ukraine war fuel shortages

Biden got inflation down to 3 percent by the end of his term

Inflation was caused by Biden. End of his term who cares it crushed the middle class for 4 years. His American Rescue plan, green new deal were all funded by debt which means printed money. His oil policies increased oil costs and our entire geonomy is based on oil. These were failed democrat policies. Buy votes by giving people money. Manipulate people to force them to buy EV cars by making gas cars expensive to drive. How did that work out. Biden wrecked the economy and his own party fired him. Then they appointed the dunmbest women in America to run for president.

 

[rightwinger]

Inflation was caused by Biden. End of his term who cares it crushed the middle class for 4 years. His American Rescue plan, green new deal were all funded by debt which means printed money. His oil policies increased oil costs and our entire geonomy is based on oil. These were failed democrat policies. Buy votes by giving people money. Manipulate people to force them to buy EV cars by making gas cars expensive to drive. How did that work out. Biden wrecked the economy and his own party fired him. Then they appointed the dunmbest women in America to run for president.

How did Biden domestic policies cause GLOBAL inflation?

 

[Hafar1014]

How did Biden domestic policies cause GLOBAL inflation?

There is no such thing inflation is local. Youre just making dumb excuses for a prseident who was a total failure. Inflation in lower Slobovia has no effect on our economy.
Biden came into 1.2% inflation and in 1 year drove it up to 9.1%. He inherited a 6.4% GDP and passed the American rescue plan. You dont pump trillions in debt into a 6.4% GDP that causes inflation. We never needed to be Resuced. We had robust recovery thanks to Trumps economy.

 

[AntonToo]

Where do you think 9% inflation came from. Bidens printed money economy

THE HISTORIC PANDEMIC

I know you've been getting you head beat in by rw politico mouthpieces for the last few years, but maybe at some point it's time to wake up, put down the partisan crack pipe and get with some basic facts of the matter, so you don't sound completely deranged.

Primary inflationary drivers were huge distortions in global supply and demand balance caused by the pandemic. Which is exactly why the pattern of inflation was a global phenomenon, not isolated to specific countries with specific fiscal policies.

Stop being lazy, take the time to read and understand serious economic analysis:

Loading…

www.federalreserve.gov

Was fiscal and monetary policy part of the demand side distortion? For sure, but then to say that administration's huge spending and the Fed's big expansion of balances under Trump in 2020 somehow had nothing to do with anything is ******* nuts.

Trump policies have put up way more debt and Fed's balance sheets exploded in 2020.

 

[Hafar1014]

THE ******* HISTORIC PANDEMIC

Is anyone home in squirrel brain of yours?

Viruses dont cause inflation. Debt based government spending does combined with driving up the cost of oil. Add a president with a non functioning brain

We had the virus when Trump was president and inflation was 1.2%.
Biden comes in and in 1 year 9.1%
It seems even a squirrel is smarter then you are. Maybe you should eat more walnuts

 

[AntonToo]

Viruses dont cause inflation.

Yes they do dumbass, Covid 19 affected how we live, how we work, how we consume, and what our government is doing about it.

Stop posting bullshit and take your time to understand serious macroeconomic analysis of global post-pandemic inflation.

You sound like someone with a mental development of a 10 year old.

 

[Hafar1014]

Yes they do dumbass, Covid 19 affected how we live, how we work, how we consume, and what our government is doing about it.

Stop posting bullshit and take your time to understand serious macroeconomic analysis of global post-pandemic inflation.

You sound like someone with a mental development of a 10 year old.

Then why was inflation so low when Trump was president and we had covid. Youre defending the failure of a senile president what does that say about how smart you are.
Trump president inflation low
Biden president inflation high.
Both had the covid problem.
One was a businessman the other a mental vegetable

 

[AntonToo]

We had the virus when Trump was president and inflation was 1.2%.
Biden comes in and in 1 year 9.1%

Yes dum dum, because demand was down DURING the recession, which contracted inflation. It's when society started opening back up that demand exploded, while crippled supply chains couldn't keep up.

This is not rocket science here, all you have to do is put down the partisan crack pipe for two min and SIMPLY READ.

 

[AntonToo]

Then why was inflation so low when Trump was president and we had covid. Youre defending the failure of a senile president what does that say about how smart you are.
Trump president inflation low
Biden president inflation high.
Both had the covid problem.
One was a businessman the other a mental vegetable

Mental midgetry 101.

 

[Lockback]

Mental midgetry 101.

Says the brainwashed one.

 

[Hafar1014]

Mental midgetry 101.

Lame excuses from a defender of failure

 

[AntonToo]

Says the brainwashed one.

Too bad you fools can't reasonably support anything you say.

This is like shooting fish in a barrel - gets boring quickly.

 

[Toddsterpatriot]

Again, just more dumb nonsense, if Biden didn't sign even a cent of new deficit spending there would still be 4 trillion dollar debt accumilation.

If you have serious policy analisys that shows something other than Trump1 policy adding twice the deficit of what Biden signed then lets see it, otherwise I told you what to do already.

Again, just more dumb nonsense, if Biden didn't sign even a cent of new deficit spending there would still be 4 trillion dollar debt accumilation.

If Biden didn't like Trump's middle class tax cuts, he could have raised middle class taxes.
If he didn't like Trump's business tax cuts, he could have raised business taxes.
He had the House and Senate.

His Green New Deal boondoggle was open ended. His open border idiocy cost us hundreds of billions.

You can keep dreaming that he was a budget hawk, I'll keep pointing and laughing.

 

[Stryder50]

Yes dum dum, because demand was down DURING the recession, which contracted inflation. It's when society started opening back up that demand exploded, while crippled supply chains couldn't keep up.

This is not rocket science here, all you have to do is put down the partisan crack pipe for two min and SIMPLY READ.

It was mostly State governments that ordered the shut downs during Covid's first year (2020), the majority had Democrat governors. My State was one of those.

 

[Hafar1014]

Again, just more dumb nonsense, if Biden didn't sign even a cent of new deficit spending there would still be 4 trillion dollar debt accumilation.

If Biden didn't like Trump's middle class tax cuts, he could have raised middle class taxes.
If he didn't like Trump's business tax cuts, he could have raised business taxes.
He had the House and Senate.

His Green New Deal boondoggle was open ended. His open border idiocy cost us hundreds of billions.

You can keep dreaming that he was a budget hawk, I'll keep pointing and laughing.

Trump has in one year lowered the annual deficit from 2.6 to 1.7 trillion thanks to tariffs