DefenderAO Posted November 7 Share Posted November 7 2 hours ago, Dr. Strangelove said: What is inflation now? What is it compared to the rest of the world? If inflation is currently a problem (it isn't) what is Trump's solution? You have the internet. This is likely misplaced, but I believe in you! The best part of this conversation - "What is Trump's solution?" The world couldn't handle another flip-flopping warmongering politician. 1 Link to comment
DefenderAO Posted November 7 Share Posted November 7 19 minutes ago, Lorewarn said: Try to keep up. The conversation is about where the economy is at the end of one presidency and into the other, not what happened during parts of terms. What did Biden inherit at the start? What is Trump in heriting at the start? Not what happened a year in. Keep up? You've been lapped. "Ignore the entire tenure, focus on the facts within the guardrails I've chosen." The real conversation is the tragedy that is Leftist radical ideology. Biden's war torn four years are coming to an end. His black eyes, a window to his soul, have a scheduled Jan. '25 exit. Kamala was a joke of a candidate. Installed by Dems, aided by a mockingbird MSM, to try and keep the country in its slide. What's more impressive, Biden's inflation numbers in his four years of presidency or the amount of wars he was able to involve us in? Or, the fact we haven't started a new war month-to-date is the highlight we need to embrace... 1 Link to comment
NebraskaHarry Posted November 7 Share Posted November 7 27 minutes ago, DefenderAO said: Keep up? You've been lapped. "Ignore the entire tenure, focus on the facts within the guardrails I've chosen." The real conversation is the tragedy that is Leftist radical ideology. Biden's war torn four years are coming to an end. His black eyes, a window to his soul, have a scheduled Jan. '25 exit. Kamala was a joke of a candidate. Installed by Dems, aided by a mockingbird MSM, to try and keep the country in its slide. What's more impressive, Biden's inflation numbers in his four years of presidency or the amount of wars he was able to involve us in? Or, the fact we haven't started a new war month-to-date is the highlight we need to embrace... So goes Ukraine I suppose. Link to comment
DefenderAO Posted November 7 Share Posted November 7 16 minutes ago, NebraskaHarry said: So goes Ukraine I suppose. Full auto money printer needs a break. 3 Link to comment
Moiraine Posted November 7 Share Posted November 7 9 minutes ago, DefenderAO said: Full auto money printer needs a break. We get a net financial benefit from helping Ukraine. 2 Link to comment
Archy1221 Posted November 7 Share Posted November 7 1 hour ago, Lorewarn said: Try to keep up. The conversation is about where the economy is at the end of one presidency and into the other, not what happened during parts of terms. What did Biden inherit at the start? What is Trump in heriting at the start? Not what happened a year in. Well, if we are gonna do the “compared to our peers” thing with other measurements like you all want to do, then Biden inherited an economy exceeding its peer countries. 1 1 1 Link to comment
Nebfanatic Posted November 7 Share Posted November 7 Any inflation felt within the last 4 years can easily be attributed to Trumps administration. Covid is the obvious driver but let's remember Trump increased the deficit at a rate never before seen in US history and that was BEFORE covid. Fiscal conservatives should be appalled. 5 3 Link to comment
BigRedBuster Posted November 7 Share Posted November 7 So, I am in the middle of holding two day company meetings with management. Yesterday, we went through a SWOT analysis. It was all a good discussion, as always. I'll say, I believe I am a vast minority in the room as someone who did not vote for Trump. That was clear throughout the meeting based on various comments. We got to the point of "threats". Someone else, mentioned the "economy". I thought that was interesting. Someone else asked....why is that a threat? I simply said, what if Trump actually does what he says he's going to do? Again, I wasn't the one that brought up the economy. Everyone was like...what do you mean? I started listing them. 1) Mass tariffs on everything imported. 2) Mass deportation of millions of people. 3) Mass layoffs of government workers which would increase unemployment. That's all I got out before everyone started rolling their eyes and proclaiming..."oh...he's not going to do all that". I found all this very interesting. These people who all voted for Trump and all are so happy he won....doesn't think he's going to do what he's said he's going to do so they don't see any of it as a threat to the economy at all....and don't even want to consider it. I changed the subject because I didn't want the meeting to plunge into a typical crap conversation about politics. But, they didn't even want to consider the thought that his policies can have any negative affect. 3 3 Link to comment
Archy1221 Posted November 7 Share Posted November 7 8 hours ago, Nebfanatic said: Covid is the obvious driver but let's remember Trump increased the deficit at a rate never before seen in US history and that was BEFORE covid. Will you be providing a source for this statement? 1 1 Link to comment
Popular Post Nebfanatic Posted November 7 Popular Post Share Posted November 7 19 minutes ago, Archy1221 said: Will you be providing a source for this statement? https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/ I was a bit mistaken. Deficit was higher after the largest financial crisis of our lifetime. So you could say he increased the deficit at the fastest rate in US history not as a result of a response to crisis. If you take out 2008/2009(financial crisis engineered by republican governance) and Covid, Trump increased the deficit during his presidency more than anyone else in history. And that was with a good economy. 7 3 Link to comment
Archy1221 Posted November 7 Share Posted November 7 46 minutes ago, Nebfanatic said: https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/ I was a bit mistaken. Deficit was higher after the largest financial crisis of our lifetime. So you could say he increased the deficit at the fastest rate in US history not as a result of a response to crisis. If you take out 2008/2009(financial crisis engineered by republican governance) and Covid, Trump increased the deficit during his presidency more than anyone else in history. And that was with a good economy. I’ll pick just one year for an example for you then you can go back and check your statements…….from 2015 fiscal year to 2016 fiscal year the debt increased by $1.4 trillion. And that’s from a lower baseline than Trump when he added $1.2 trillion each the two years before Covid. Still way way too much IMO but the only saving grace was he was giving us back more of our own money to spend. Outlays should have been cut too. The tax cuts have certainly done the job it was designed to do. Corresponding cuts haven’t happened which kinda sucked so here we are. https://www.statista.com/statistics/187867/public-debt-of-the-united-states-since-1990/ 2 Link to comment
Nebfanatic Posted November 7 Share Posted November 7 5 minutes ago, Archy1221 said: I’ll pick just one year for an example for you then you can go back and check your statements…….from 2015 fiscal year to 2016 fiscal year the debt increased by $1.4 trillion. And that’s from a lower baseline than Trump when he added $1.2 trillion each the two years before Covid. Still way way too much IMO but the only saving grace was he was giving us back more of our own money to spend. Outlays should have been cut too. The tax cuts have certainly done the job it was designed to do. Corresponding cuts haven’t happened which kinda sucked so here we are. https://www.statista.com/statistics/187867/public-debt-of-the-united-states-since-1990/ On your own graph there draw a trend line. Where is it steeper? Obama or Trump? Also I'm not sure why I would amend my statement based on your graph of national debt when I am talking about the national deficit which are two different things though related. Every year under Trump the deficit went up. Fiscal conservatives should want the books balanced. Last time we ran a surplus was under a Democrat, but Republicans sure care about you and your dollar. Those tax cuts weren't just a blind give away to the wealthy. Donald Trump isn't using the Federal government to pay your hard earned dollars to him and his buddies. The economy will be HUGE! 2 Link to comment
Archy1221 Posted November 7 Share Posted November 7 5 minutes ago, Nebfanatic said: On your own graph there draw a trend line. Where is it steeper? Obama or Trump? Earlier you just stated to not include Covid years? And it’s not my graph. And are you now talking raw numbers or percentages like before? 2 Link to comment
Nebfanatic Posted November 7 Share Posted November 7 5 minutes ago, Archy1221 said: Earlier you just stated to not include Covid years? And it’s not my graph. And are you now talking raw numbers or percentages like before? It's the graph you brought into the discussion. Not a graph of the national deficit which is what I said in my statement but it's information nonetheless I suppose. I also think it's funny you asked for my source then completely ignored it inserting somewhat irrelevant information of your own to distract from the information that was brought to the table. Good tactic I appreciate the attempt to subvert the subject and twist it into your own reality. 1 1 Link to comment
Archy1221 Posted November 7 Share Posted November 7 1 minute ago, Nebfanatic said: It's the graph you brought into the discussion. Not a graph of the national deficit which is what I said in my statement but it's information nonetheless I suppose. It’s shows the deficit for each year by using simple addition (or subtraction, whoever you want to look at it). Now to give you another number to chew on…Joe Biden has been adding over $2 trillion per year on average to the debt. Even after COVID. We are on track for a $2 trillion deficit this year (in great economic times as you say). Any chance you want to amend your first dunk attempt? The (never before seen in history) DJT was increasing the debt about 6% first year and 5% second year (if my math is correct 😬)a year pre COVID, which is too much as I’ve stated before but at least we got more of our own money to keep. BHO increased the debt by 9.6% from ‘10 to ‘11 ( if my math is correct). And 8.1% from ‘11 to ‘12. 7% from ‘13 to ‘14 and not much the next year and then 8.3% from ‘15 to ‘16 and 2 Link to comment
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