What would right wing media be saying about the Biden admin if.............

[kyzr]

Wait a minute…
You mean that vaccine that MAGA said didn’t work and killed people?
The vaccine MAGA refused to take
The vaccine Trump wouldn’t allow pictures of him an Melania being vaccinated?

1. The vaccine worked
2. Some MAGA folks didn't want to be forced to take it.
3. They were vaccinated

https://www.cnn.com/2021/03/01/politics/trump-melania-vaccinated-white-house/

 

[kyzr]

By allocating resources any prez would have allocated to create a vaccine MAGAists claimed was experimental and resisted taking because they claimed it infringed on their "liberty?" You mean like that?

Democrat presidents are generally incompetent.
1. Recall the Obamacare rollout? It was a train-wreck. Solyndra?
2. Biden is a moron. Open borders, War on energy. AFG disaster. Too stupid t do a press conference, etc.

Trump and Pence had to get the vaccine right the first try, and did. If people don't want the vaccine, let them die.

 

[kyzr]

You got it backwards low rates more borrowing. Why would people want high interest loans over low interest? Makes no sense. It sounds to me like your trying to say that lower rates lead to less revenue made on interest which would be true if the borrowing remained constant. But that’s not reality. When rates go down people get more loans. More money circulates and inflation goes up.

1. Don't confuse Federal borrowing adding to the $37T DEBT, with people borrowing on credit cards, two different things.

2. The Federal government pays $1T or so in INTEREST on the $37T DEBT.

3. By lowering the Fed rate 1% that saves us $300b in interest cost on the $37T.

4. Explained by google AI:

5. This is why Trump is badgering Powell. The "neutral rate" is about 2.5%, and the current rate is 4.5%, so Trump feels the Fed can cut and still have a restrictive rate, but not a ridiculously high rate that hurts the economy/GDP.

 

[Conservative from Georgia]

........jobs numbers had been revised downward to this degree?

The July jobs report showed nonfarm payrolls expanded by 73,000 last month, well beneath the consensus estimate from economists polled by Dow Jones that called for a 100,000 increase to payrolls. Prior months were significantly revised down. June job growth totaled just 14,000, down from 147,000. The May count came down to 19,000 from 125,000, signaling the labor market has been weakening for a while now.
https://www.cnbc.com/2025/07/31/stock-market-today-live-updates.html

It would be saying Biden lied to hide a weakening economy.

For the same numbers, they would say it was bad if Biden was president and good or great when Trump is president.

 

[Slade3200]

Doesn’t seem so, not when you missed 2022 like that

I didn’t miss 2022

 

[Slade3200]

1. Don't confuse Federal borrowing adding to the $37T DEBT, with people borrowing on credit cards, two different things.

I’m not confusing that. I’m talking about bank loans. That process of borrowing which is stimulated by low rates is what creates new money and spending in the economy which is a driver of inflation.

 

[Slade3200]

2. The Federal government pays $1T or so in INTEREST on the $37T DEBT.

Yes it does. Who does it pay the majority of that money to?

 

[Admiral Rockwell Tory]

Oh?

No jobs lost in red states?

Yeah! Those US government jobs shuttered by Biden. My employer could not hire employees during this period despite losing several to COVID. We all had to work from home if we could. I sat in my home for 6 weeks drawing a paycheck without lifting a finger to do any work because the Army was having difficulty securing secure computers to work from home. I was the team supervisor and 20 of my employees either worked with no supervision or were in the same boat as me. Fortunately, my company couldn't afford to lose anyone, so they kept us all on the payroll until we could work from home. They didn't have to do that, as many others didn't keep their employees. They simply shut down.

I think you are just terminally clueless, and your brain is rotting due to your liberal indoctrination.

 

[Admiral Rockwell Tory]

Wait a minute…

You mean that vaccine that MAGA said didn’t work and killed people?
The vaccine MAGA refused to take
The vaccine Trump wouldn’t allow pictures of him an Melania being vaccinated?

Exaggerate much?

I had three friends and family dies of COVID before the vaccine. After the vaccine, exactly zero got seriously sick and none were ever hospitalized. My wife had COVID 3 times. My daughter had it 4 times. Bad colds were far worse. That works for me and flies in the face of your statement.

I got COVID positive test on a Monday. MY PCP got me the monoclonal antibody infusion on Saturday. By then, I had already recovered fully from COVID and never had it again except once testing positive one additional time when my wife had it and I developed no symptoms.

 

[Lesh]

I said illegals, you said immigrants

They aren’t the same thing

Immigrants whether illegal or not

Stupid

 

[kyzr]

I’m not confusing that. I’m talking about bank loans. That process of borrowing which is stimulated by low rates is what creates new money and spending in the economy which is a driver of inflation.

You are typing stuff generically. I'm being specific. The Fed should lower the rate, but keep it above the "neutral rate" so you don't cause inflation. Here is the AI man'splain;
"Lowering credit card interest rates does not directly cause inflation; rather, it can stimulate spending by making borrowing cheaper, which may contribute to inflation if demand increases significantly. Inflation is primarily influenced by broader economic factors, including supply and demand dynamics and monetary policy decisions by central banks."

 

[kyzr]

Yes it does. Who does it pay the majority of that money to?

Foreign lenders who buy US bonds.

 

[Slade3200]

4. Explained by google AI:

Did you read the whole thing? Economic impact… it says exactly what I’ve been saying. Lower rates stimulates borrowing and economic activity and drives inflation.

 

[Slade3200]

5. This is why Trump is badgering Powell. The "neutral rate" is about 2.5%, and the current rate is 4.5%, so Trump feels the Fed can cut and still have a restrictive rate, but not a ridiculously high rate that hurts the economy/GDP.

Trump is looking for short term solutions and headlines because that’s how he operates

 

[kyzr]

Did you read the whole thing? Economic impact… it says exactly what I’ve been saying. Lower rates stimulates borrowing and economic activity and drives inflation.

Yes, but inflation would not increase with small cuts in interest rates above the neutral rate.

If the Fed cuts rates to 1% (below the neutral rate) then yes, inflation would probably happen.

 

[Slade3200]

You are typing stuff generically. I'm being specific. The Fed should lower the rate, but keep it above the "neutral rate" so you don't cause inflation. Here is the AI man'splain;
"Lowering credit card interest rates does not directly cause inflation; rather, it can stimulate spending by making borrowing cheaper, which may contribute to inflation if demand increases significantly. Inflation is primarily influenced by broader economic factors, including supply and demand dynamics and monetary policy decisions by central banks."

Increased borrowing increases the money supply and that drives inflation. That’s why the stimulus payments and low rates during COVID lead to a massive rise in inflation.

 

[kyzr]

Trump is looking for short term solutions and headlines because that’s how he operates

Balancing the budget is the long term solution. Paying down the $37T debt is a long term solution.
Cutting $1.5T off Biden's last budget is a long term solution.
True, Trump likes splashy headlines.

 

[kyzr]

Increased borrowing increases the money supply and that drives inflation. That’s why the stimulus payments and low rates during COVID lead to a massive rise in inflation.

What was the Fed rate then? Hint: ZERO

What is the Fed rate today? Hint: 4.5%

What is the neutral rate? Hint: 2.5%

There is room to cut rates a percent or two, saving $300b to $600b off the budget for interest.

 

[Slade3200]

Foreign lenders who buy US bonds.

You think foreign lenders are receiving the majority of interest payments? I’d take another look at that if I were you

 

[Lesh]

Yeah! Those US government jobs shuttered by Biden. My employer could not hire employees during this period despite losing several to COVID. We all had to work from home if we could. I sat in my home for 6 weeks drawing a paycheck without lifting a finger to do any work because the Army was having difficulty securing secure computers to work from home. I was the team supervisor and 20 of my employees either worked with no supervision or were in the same boat as me. Fortunately, my company couldn't afford to lose anyone, so they kept us all on the payroll until we could work from home. They didn't have to do that, as many others didn't keep their employees. They simply shut down.

I think you are just terminally clueless, and your brain is rotting due to your liberal indoctrination.

What are you whining about?

You didn’t like Covid? No one did