The Inconvenient Truth About The Economy: Democrats Do It Better

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?

Yeah, they're bullshit estimates.
 
Chart you present in that thread looks to show Biden added @ $8.55T to the Debt.
 
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.
I don't want the government "doing" the economy.
 
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:
You guys do nothing but add taxes and play favorites. And the nation declined due to it. Tens of millions of manufacturing employment gone. Replaced by the future King of the planet, China who you love and we will loathe for a long time. Arguing over resources will really come to the head of the class when we have less to spend on social agendas.
 
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.

View attachment 1217532
Didn't the left change that definition after Xiden and the Dem Congress gave us two consecutive qtrs of decline in GDP?

  • Q1 2022: Real GDP decreased at an annual rate of 1.6%.
  • Q2 2022: Real GDP decreased at an annual rate of 0.6% (initially reported as 0.9% before revisions).
 
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.
I get tired of debunking this silly nonsense, but I'll do it again. Recessions are determined by which party controls the House since they enact and originate the most bills. Of the past 10 recessions, Democrats have controlled the House during nine of them. The lone exception was the 2000-01 dot.com bubble in which Clinton was asleep at the wheel while chasing chubby interns, leaving America unprepared for the 9-11 attacks.
 
Last edited:
Lame excuses from a defender of failure

maga-turds like you have no concept of "reason" or reality, here nis something for you :omg:

1770761509701.webp



1770761675625.webp
 
I was citing from here, and thought that is what you referenced;

So you were citing inflation rate data table for....budget deficits?

200w.gif
 
Yeah, they're bullshit estimates.

Because.....what? Your politics don't like what they show?


I'll ask the question again, see if you can answer it THIS TIME:

Do you have a more reasonable policy deficit contribution comparison?
 
Because.....what? Your politics don't like what they show?


I'll ask the question again, see if you can answer it THIS TIME:

Do you have a more reasonable policy deficit contribution comparison?

They've always been bullshit in the past.
I haven't seen any improvement.
 
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
Not quite Charlie ...
...
Every year, the U.S. Congress begins work on a federal budget for the next fiscal year. The federal government’s fiscal year runs from October 1 of one calendar year through September 30 of the next.

And the annual budget covers three spending areas:

  • Mandatory spending - funding for Social Security, Medicare, veterans benefits, and other spending required by law. This typically uses over half of all funding.
  • Discretionary spending - federal agency funding. Congress sets funding levels for these each year. This usually accounts for around a third of all funding.
  • Interest on the debt - this usually uses less than 10 percent of all funding.


NOT, July to June :rolleyes:
 
15th post
What was inflation when Trump took office?
What was inflation over 4 years when Biden was president. What does one day, say nothing. Prices were still high as well. Biden was a disaster you cant cover tht up
 
What was inflation over 4 years when Biden was president. What does one day, say nothing. Prices were still high as well. Biden was a disaster you cant cover tht up
Irrelevant.

By the time Biden left office inflation was down to 3%.
Inflation now is within decimal points of that

Trump has done nothing
 
Irrelevant.

By the time Biden left office inflation was down to 3%.
Inflation now is within decimal points of that

Trump has done nothing
100% relevant. What was inflation when Biden took office? 1.4% 1 year later 9.1%
Trump cut oil costs which lowered the rate if increase of inflation.
 

New Topics

Back
Top Bottom