The Inconvenient Truth About The Economy: Democrats Do It Better

[IM2]

Joe argued it was too big especially since so much of it wasn't paid for. Democrats could have stepped up and made the rich, but no........couldn't do that even though that is what they ran on.

Again, fixing the infrastructure was not too big. I do think they tried but again Joe Manchin. However, I have no problem paying to fix roads, bridges, and things like that.

 

[pknopp]

Again, fixing the infrastructure was not too big. I do think they tried but again Joe Manchin. However, I have no problem paying to fix roads, bridges, and things like that.

I didn't say it was too big. I said Manchin said it was too big because of the lack of financing it.

 

[IM2]

I didn't say it was too big. I said Manchin said it was too big because of the lack of financing it.

Manchin had issues. That's why he opposed taxing the rich. There was money to pay for this. It's time for us to stop falling for the we don't have the money line. We always seem to have the money to fight wars or do covert actions when we are "broke".

 

[pknopp]

Manchin had issues. That's why he opposed taxing the rich.

Bugger off. Democrats refused to tax the rich.

There was money to pay for this. It's time for us to stop falling for the we don't have the money line. We always seem to have the money to fight wars.........

Yeah, Bidens billions to Ukraine.

 

[AntonToo]

Yes, you should continue to believe the BS projections.

There is no reason to think they are BS, you simply want to belive that and you do.

It really is that primitive.

 

[Toddsterpatriot]

There is no reason to think they are BS, you simply want to belive that and you do.

It really is that primitive.

Illinois started a program to give healthcare to illegal aliens 65 and older.
They projected it would cost $4 million for the first year. It cost $67 million.

That worked so well, the next year they expanded it to also cover illegal aliens 42-64 years old.
They projected the expanded program would cost $125 million in the first year.
It cost $187 million.

The third year, they estimated it would cost $222 million, it cost $643 million.

When Medicare was created in 1965, they projected the cost in 1990 would be $12 billion,
they actual 1990 cost was $90 billion.

As far as Biden's IRA cost........

DURR

 

[Mac1958]

Too many variables, too many potential lagging effects of policy, too many domestic and global economic or news events creating cross currents that tug things here and there.

One thing I'd like to know is, when one party has control, how much it added to our debt as a percentage of the GDP at the time.

 

[Hafar1014]

Too many variables, too many potential lagging effects of policy, too many domestic and global economic or news events creating cross currents that tug things here and there.

One thing I'd like to know is, when one party has control, how much it added to our debt as a percentage of the GDP at the time.

Democrats are the party of tax and spend borrow and spend. Trump is trying to cut spending and democrats fight him every step of the way. Democrats use tax funded social programs to pay off their supporters.

 

[citygator]

Democrats are the party of tax and spend borrow and spend. Trump is trying to cut spending and democrats fight him every step of the way. Democrats use tax funded social programs to pay off their supporters.

 

[Hafar1014]

The deficit dropped from 2.6 to 1.7 trillion since Trump was elected.
The U.S. federal budget deficit in Fiscal Year (FY) 2025 was approximately $1.78 trillion, a slight decrease from the $1.8 trillion deficit in FY 2024. Deficits have remained elevated, exceeding $1 trillion annually since 2020 due to increased spending on social programs, interest on debt, and pandemic-era spending, with a record deficit of over $2.7 trillion in 2021.
It will be zero in 3 years thanks to tariffs

 

[Toddsterpatriot]

Yeah, the Dems did a great job.

Obama and Biden, in 12 years, added about $18 trillion to the national debt.

 

[AntonToo]

Illinois started

Wtf does a specific estimate in specific state have to do with the estimates on policy effects in question? Some estimates are great, some are bad and some fall somewhere in between. Not any one of them is a rule-make for all the others.

Wtf does it have to do with answering the question of forming opinion on best estimates available, as opposed to simply believing whatever you want to because they are not always perfect?

NOTHING

 

[AntonToo]

The deficit dropped from 2.6 to 1.7 trillion since Trump was elected.

The U.S. federal budget deficit in Fiscal Year (FY) 2025 was approximately $1.78 trillion, a slight decrease from the $1.8 trillion deficit in FY 2024.

You two crazies need to hash this out....because Biden was the president in 2024, not Trump.

 

[Toddsterpatriot]

Wtf does a specific estimate in specific state have to do with the estimates on policy effects in question? Some estimates are great, some are bad and some fall somewhere in between. Not any one of them is a rule-make for all the others.

Wtf does it have to do with answering the question of forming opinion on best estimates available, as opposed to simply believing whatever you want to because they are not always perfect?

NOTHING

Government spending estimates are bad at the state level but good at the federal level?

 

[AntonToo]

Government spending estimates are bad

What is good?

Can you at least acknowledge the question instead of constantly talking past it like it doesn't exist?

What is a better method to comparing how policy of two presidents contributes to deficits?

 

[citygator]

Yeah, the Dems did a great job.

Obama and Biden, in 12 years, added about $18 trillion to the national debt.

Trump added $8T in 4 years which is $24T over 3 terms equivalent.

 

[Hafar1014]

You two crazies need to hash this out....because Biden was the president in 2024, not Trump.

Its end of year not begining

 

[Toddsterpatriot]

Trump added $8T in 4 years which is $24T over 3 terms equivalent.

Biden added $8.5T in 4 years, which is $25.5T over 3 terms equivalent.

 

[Greenbeard]

Democrats are the party of tax and spend borrow and spend. Trump is trying to cut spending and democrats fight him every step of the way. Democrats use tax funded social programs to pay off their supporters.

The cuts are coming automatically. 7% cuts to Social Security by the end of the next administration, quickly thereafter escalating to 28% cuts. Be patient!

 

[berg80]

Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate​

Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation firms at 3%

The core PCE price index was expected to increase 3% from a year ago in December. GDP was projected to rise at a 2.5% pace in Q4.

www.cnbc.com

Time to fire the folks who compile the data.