The Inconvenient Truth About The Economy: Democrats Do It Better

If Biden didn't like Trump's middle class tax cuts, he could have raised middle class taxes.

...that's your absolution of Trump signed policies? Biden and Congress not undoing all of them? :cuckoo:

I guess desperately partisan positions need equally desperate arguments.
 
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:



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.

September-2025-MTS-annual-deficits-since-2005.png


US-Fed-balance-sheet-2024-07-05-treasury.png
You do realize that first chart shows that total deficits during Biden's four years are more than double that of Trumps previous four years. ?

Probably not since you are the economic midget/idiot here.
 
Too bad you fools can't reasonably support anything you say.

This is like shooting fish in a barrel - gets boring quickly.
Try this in place of your pravda, commie, Leftist idiot.
...
The table displays historical inflation rates with annual figures from 1914 to the present. These inflation rates are calculated using the Consumer Price Index, which is published monthly by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor.
...

Far right side column shows annual average.
Note that annual inflation adds on top of all the previous inflations.

The chart shows that Trump's first term, 2017-2020 had total of 7.5% inflation.
Biden's term, 2021-2024 had total of 19.7% inflation.
About 2 1/2 times that during Trump.
 
You do realize that first chart shows that total deficits during Biden's four years are more than double that of Trumps previous four years. ?

Probably not since you are the economic midget/idiot here.

You don't understand the data in the chart.

These are Fiscal Year budgets.

FY2021 budget was from July 2020 to June 2021. Biden got into office in January 2021.


Over the course of President Trump’s four years in office, the gross national debt grew from $19.95 trillion to $27.75 trillion – a $7.8 trillion
 
...that's your absolution of Trump signed policies? Biden and Congress not undoing all of them? :cuckoo:

I guess desperately partisan positions need equally desperate arguments.

Biden had no recession but added even more debt than Trump isn't an absolution of Trump.
 
You don't understand the data in the chart.

These are Fiscal Year budgets.

FY2021 budget was from July 2020 to June 2021. Biden got into office in January 2021.


Over the course of President Trump’s four years in office, the gross national debt grew from $19.95 trillion to $27.75 trillion – a $7.8 trillion
From your typing does that mean the federal 2025 budget is roughly the same for Trump from Joe?
 
It is a very inconvenient truth for the GOP, that since WW2, the economy has performed significantly better under Democrats than Republicans. The exact reasons are debated, but the numbers are the numbers.
  • Economic growth, job creation, and stock-market performance have historically been stronger, on average, during Democratic presidencies.
  • Every Republican president over roughly the last 50 years has experienced a recession during their term.
  • The overwhelming majority of net job creation over the past half-century occurred under Democratic presidents.
  • Deficits widen during Republican administrations and narrow during Democratic ones (often after Democrats inherited large deficits).

Vote with your pocket book next election folks.


View attachment 1216704



The U.S. economy has performed much better under Democratic presidents than Republican presidents in the modern era. In almost every measure of the U.S. economy including total job growth, unemployment, economic growth, manufacturing job growth, manufacturing investment, small business creation, and contribution to the national debt, economic performance is stronger under Democrats. While there are many factors contributing to these trends, the throughline is clear that Democratic administrations consistently help the U.S. economy perform better than Republican administrations.

 
Horseshit, as was clearly explained already, but I guess learning something is not for you.

Yeah, budget predictions 10 years into the future are always super accurate.
And you should definitely ignore what was actually borrowed and spent.
 
Yeah, budget predictions 10 years into the future are always super accurate.
And you should definitely ignore what was actually borrowed and spent.
They are not budget predictions, they are professional policy deficit effect estimates.

Do you have a more reasonable policy deficit contribution comparison? Or do you simply believe whatever your bleeding little rightwing heart desires?
 
They are not budget predictions, they are professional policy deficit effect estimates.

Do you have a more reasonable policy deficit contribution comparison? Or do you simply believe whatever your bleeding little rightwing heart desires?
The CBO uses a static projection method and its never right and its nit supposed to be. Its broad indicator
 
You don't understand the data in the chart.

These are Fiscal Year budgets.

FY2021 budget was from July 2020 to June 2021. Biden got into office in January 2021.


Over the course of President Trump’s four years in office, the gross national debt grew from $19.95 trillion to $27.75 trillion – a $7.8 trillion
Weren't labeled or marked as such.
Even still, Biden's years were more than Trump's pre-COVID ones.
 
Dummy it doesn't show relevant historic comparison, doesn't show claimed 2.6T budget deficit for 2024.

Why don't you take a look at the very graph you've quoted earlier and tell me what you see for 2024 and 2025.
Shows 2.9 for 2024 (Biden) versus 2.6 for 2025 (Trump).
 
15th post
Biden's years were more than Trump's pre-COVID ones.
Pre-Covid?

I guess that's what it takes for rightwingers to try to argue that economy does better under Republican administrations....just ignore all the bad years whenever a Republican is in office. :auiqs.jpg:
 
I'll give you one more try, with special aid:

View attachment 1217525

Think you can get it right just this once?
I was citing from here, and thought that is what you referenced;

If we are considering the chart you just showed, then total years 2022-2025 for the Biden budget bill. Comes out to about $6.7T.
 
Four years of Joey Xiden and the Dems left s majority of the country worse off

Today we have normal inflation rate, dows over 50k and the gpd is at 4.4 percent

Trump does it better then you all
Will Democrats read your comments and the following report?

The worst depression of all times was when FDR was president. Truman suffered his too. Carter suffered his.

1770755116202.webp
 
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