Lightbringer
Loves Me Some Souls
No it didn't.
Consumer Spending Grows by Just 0.1 Percent in May, Inflation Remains High
- Thread starter ptif219
- Start date
No it didn't.
Presidents take credit and make claims for all kinds of crap that are not true--including both Biden and Trump.
Actually he had a lot to do with it. Perhaps not all, but he got people vaccinated and safe.
Vaccinations did very little
Geeko Sportivo
Verified User
I don't like bankruptcy laws, but Congress passed them so we are stuck with them until Congress stiffins them up.
I don't have a problem with restructuring your debts, but a full pardon- NO, that is wrong.
And if you believe that the pardoning off the student loans was wrong, you would also agree with me.
America's economy is now to a great degree illusionary, and the Fed will be forced to continue to raise rates.
However....where America is going is collapse....this is worse than the shit and fan analogy.
If the economy was good Bamkruptcies would not be increasing
They are still lower than pre COVID level, you forgot that little factoid.
“Bankruptcy filings rose slightly for the 12-month period ending March 31, 2023, but new bankruptcy cases remain sharply lower than before the start of the coronavirus (COVID-19) pandemic.”
https://www.uscourts.gov/news/2023/...tics released by,14,467 in the newest report.
Three years ago MAGAs practically guaranteed us an unprecedented economic depression if Americans dared to elect Biden.
Now they are plumbing the depths of economic data to find anything that even remotely indicates Biden can be blamed for something economic.
Geeko Sportivo
Verified User
It's not a perfect world. So you better get used to it!
Into the Night
Verified User
Cherry picking fallacy. Inversion fallacy. It is YOU that is cherry picking. We are still in economic depression. Businesses can't find people because they still choose to remain on welfare. Shortages are everywhere. High inflation is an ongoing problem. The 'federal' debt is now over $32 trillion. The budget just to service this debt will soon exceed the cost of the entire military. Velocity is low. Massive printing of dollars faster than wealth being created is still happening. Open violent crime and looting have made conducting business in the cities near impossible.
And you STILL continue to ignore what's right in the face of people trying to survive in all this.
Want a fiddle so you can play it like Nero?
Into the Night
Verified User
Trump ended the economic depression that started in late 2008. Taxes were lowered for EVERYONE, and regulations were REMOVED that were strangling businesses. The result was an economic boom that was greater than at any time in the history of the nation. NAFTA was successfully renegotiated to better benefit the U.S. It stayed this way until DEMOCRATS shut down the economy using Covid fear mongering, starting the current economic depression.
Into the Night
Verified User
Absolutely correct. Those going on this permanent welfare disappear from the unemployment roles.
Meanwhile, of course, the businesses that managed to somehow survive the destruction by Democrats during the peak of the Covid fear mongering can't find enough people. People prefer to stay on welfare.
Into the Night
Verified User
Biden certainly does. Can you provide examples for Trump?
Sure. T[FONT="]he Veterans’ Access to Care through Choice, Accountability, and Transparency Act of 2014 passed under Obama Trump takes credit for.
The "largest tax cut in historyl"
The "best economy in history"
The largest inauguration crowd
Winning the popular vote in 2016
Winning the presidential election in 2020
And many more...[/FONT]
Into the Night
Verified User
mRNA shots are treatments not a vaccine.
'Vaccination' against Covid was unnecessary and unsafe.
Living in cities that have open violent crime, looting, and arson is NOT SAFE.
DEMOCRATS CAUSED the lockdowns. They DID NOT LIFT IT. Republicans did!
Vaccination mandates create a paradox which you are STILL making; paradox V:
1) I get the Covid 'vaccination' to protect myself from Covid.
2) I demand YOU get the Covid 'vaccination' because mine doesn't work.
Into the Night
Verified User
Trump doesn't control the deficit. CONGRESS DOES. DEMOCRATS.
You are cherry picking. Fallacy. High unemployment didn't occur until DEMOCRATS shut down the economy and DESTROYED BUSINESSES using Covid fear mongering. Until that happened unemployment rate was as low as 3%.
Are you really that clueless and forgetful?
Excuses by blaming it on others.
Into the Night
Verified User
You did. Don't try to deny your own posts. Anyone can read them.
The Federal Reserve is a government agency, created and managed by CONGRESS, dope.
Shortages caused by executive orders from Biden is a CAUSE OF INFLATION. It also caused a worldwide rise in oil prices as U.S. oil supplies went off the market. Other executive orders implementing nonsense like price controls cause shortages AND ARE AN ECONOMIC FACTOR.
Obama's policies converted a downturn into a 9 year economic depression.
Trump did not cause the 'pandemic' and did not shut down the economy. DEMOCRATS DID.
Biden CAUSED high inflation through executive orders.
Obama and DEMOCRATS CAUSED economic depression by attempting to nationalize the used car market, the health insurance market, the energy market, and the automotive market, all the while printing massive amounts of money and increasing the debt.