Not yet a member? No problem!
Sign-up just takes a second.
Forgot your password?
Recover it now.
Already signed up?
Log in now.
Forgot your password?
Recover it now.
Not yet a member? No problem!
Sign-up just takes a second.
Remember your password?
Log in now.
7 Comments
bobknight33says...Joe and his party has accelerated the American economy on a downward spiral.
This has been decades in the making.
Trump spent a lot, but so did Obama and Biden.
The question is whats being done now to to correct the economy?
What is the answer?
Higher interest rates are not helping, not at the rate of change that has been put forth.
newtboysays...Trump took the healthy economy off a cliff to the worst economy, employment, and gdp in history. It took him <4 years….and was responsible for over 1 million unnecessary deaths of Americans because of his lack of response to Covid. Downward spiral?! Trump put us in rocket assisted free fall. Biden accelerated the crawling failing economy into an upward spiral.
Obama and Biden spent a lot, but in 4 years Trump spent far more than their 10 years combined while lowering the amount the government brings in on multiple fronts (so increased the debt and deficit in two ways, spending more while making less), and Obama inherited a recession and left a boom, Trump inherited a boom and left a recession….Biden inherited economic collapse, active terroristic sedition, horrific unemployment, and pandemic…all 4 issues are better today than they were on Jan 20, 21.
The inflation reduction act, Bobby. That’s what’s being done.
Also student debt forgiveness.
Edit-Also raising interest rates, finally. Can’t blame Biden for the federal reserve’s hesitation, however….he doesn’t control them and can only make suggestions.
That’s the answer.
Almost every Republican opposed it (them) and voted against it (them), nearly every Republican then went home and took credit for it (them) and said it (they) was a great thing for their constituents (but pretended they hadn’t been against it (them) with every fiber of their being because it’s (they’re) really popular)….just like they did with the infrastructure bill.
Higher interest rates ARE helping, just not enough yet. It definitely should have started earlier than March…. .25% interest rates were just insanely low. Inflation has lowered, but as you well know, Trump’s administration just printed over 1/5 of every dollar in 2020….just made 20% more dollars while gdp went to -32.9% and unemployment skyrocketed to unheard of levels. This causes 20% inflation or more all by itself…Joe’s administration kept that below 10% miraculously.
If bankruptcy boy was still running the economy, we would have 20% inflation, more oil infrastructure sold to the Saudis (they bought the biggest refinery in America in secret under Trump and cut production), higher gas and oil prices, no infrastructure funding, no inflation plan, Ukraine would no longer exist, NATO would still be impotent, ….bankrupting a country is much worse than bankrupting 6 businesses. Trump did both.
Thanks Biden….
P.S.- Nice deflection from the undeniable hypocrisy the video is about. Way to completely ignore the right now taking credit for the popular and helpful Biden legislation they all opposed….praising it, explaining what a great thing it is for their states, economy, and constituents while pretending they didn’t ALL vote against it out of pure spite which outweighs any wish for America to succeed. Their sudden love for the law they diametrically and insultingly opposed is absolute proof they oppose beneficial legislation simply to avoid letting Biden succeed.
Edit: Will you ever get tired of begging for attention for being 100% wrong 99.6% of the time?
Joe and his party [haven’t fixed the multifaceted disaster they inherited yet].
surfingytsays...i lub watchin bewb squirm like the little weasel republican he is
Sigilsays...Yeah, the Pandemic, China Trade War, and the Russian War had nothing to do with it. On that subject, your comment has nothing to do with this subject. You have not addressed the Republican hypocrisy on this subject. They publicly vote against help, but privately ask for help.
At least you admit that it was already in a downward spiral.
Joe and his party has accelerated the American economy on a downward spiral.
This has been decades in the making.
Trump spent a lot, but so did Obama and Biden.
The question is whats being done now to to correct the economy?
What is the answer?
Higher interest rates are not helping, not at the rate of change that has been put forth.
luxintenebrissays...for answers, might look at causes and things that haven't worked. possibility of realizing what ISN'T the leading cause -
https://www.youtube.com/watch?v=7Z7tEc5t-Wg&ab_channel=RobertReich
- and addressing those that DO and the answers reveal themselves more readily.
altering the subject a bit, OPEC is working on throwing a wrench into the works. i'd suggest not letting them alter our course by re-electing the group that has no desire/experience/answers in solving anything. *
kinda like...if the boat is sinking locate the ones helping to bail and those who aren't - and toss the R̶e̶p̶u̶b̶l̶i̶c̶a̶n̶s̶ slackers overboard and keep the actual help.
rather have folks that try, than all those that cry, cry, cry.
*sans deals w/the devil, war mongering, or weathering the rich while damning the poor = last forty years
newtboysays...The last 3 major recessions were under and 100% due to Republican “leadership”, the last 3 economic booms were under Democratic leadership. Democrats caused the last budget surplus the country will likely ever see, actually paying down the debt until Bush fucked it all up.
Who’s causing downward economic spirals again?
The idea that Republicans are better on the economy is just ignorant belief in propaganda. Consistently the economy does better under democratic leadership and spirals down under Republicans….usually directly because of their policies like in 08 and 2020. Both 100% caused by Republican policies (like banking deregulation or Covid denial), policies opposed by the left.
This has been the case for decades.
Republicans spend like drunken sailors, then cry poverty the instant democrats hold the purse strings.
Joe and his party has accelerated the American economy on a downward spiral.
This has been decades in the making.
Trump spent a lot, but so did Obama and Biden.
The question is whats being done now to to correct the economy?
What is the answer?
Higher interest rates are not helping, not at the rate of change that has been put forth.
newtboysays...Corporate profits are up 54% while labor costs are only up <8% over the last 18 months. What’s driving inflation again?
The largest refinery in America (and the Shell name and distribution rights) was sold to the Saudis in a non publicized deal in 2017, and they have reduced production and raised prices ever since. So much for the energy independence lie, even our oil in country was sold off to the Saudis. Thanks Trump.
For Biden to have control over the main driving factors, he would have to nationalize all industry. That is the answer to the current main driving factors of the current inflation rates. Severely limiting outrageous corporate profits would cut inflation by more than half. Is that what you advocate, or are you just lobbing blame at your enemies despite them having little involvement or control?
Joe and his party has accelerated the American economy on a downward spiral.
This has been decades in the making.
Trump spent a lot, but so did Obama and Biden.
The question is whats being done now to to correct the economy?
What is the answer?
Higher interest rates are not helping, not at the rate of change that has been put forth.
Discuss...
Enable JavaScript to submit a comment.