buddha Posted November 20, 2021 Posted November 20, 2021 On 11/19/2021 at 11:48 PM, Tiger337 said: The Republicans spend a ton of money too and then they cut taxes, mostly for the wealthy. They both do the same thing. I prefer the stuff the Democrats spend it on. Expand i agree. Quote
Triggerwarning Posted November 22, 2021 Posted November 22, 2021 (edited) Even Larry Summers thinks Biden's fiscal and print and spend polcies are a horrible failure. Summers was Obama's Treasury Secretary. “These are the least responsible fiscal macroeconomic policy we’ve have had for the last 40 years,” Summers said. Edited November 22, 2021 by Triggerwarning Quote
gehringer_2 Posted November 22, 2021 Posted November 22, 2021 On 11/22/2021 at 6:23 PM, Triggerwarning said: Even Larry Summers thinks Biden's fiscal and print and spend polcies are a horrible failure. Summers was Obama's Treasury Secretary. “These are the least responsible fiscal macroeconomic policy we’ve have had for the last 40 years,” Summers said. Expand Summers was a measure of how economically conservative Obama really was. If the old-school GOP still existed that's were Summers would be by ideology, but being ensconced in liberal academia he stays a Dem and remains just about the most rightward of nominally Democratic economists. Quote
Triggerwarning Posted November 22, 2021 Posted November 22, 2021 (edited) On 11/22/2021 at 6:29 PM, gehringer_2 said: Summers was a measure of how economically conservative Obama really was. If the old-school GOP still existed that's were Summers would be by ideology, but being ensconced in liberal academia he stays a Dem and remains just about the most rightward of nominally Democratic economists. Expand Does is make you feel better about yourself to try to make your political party of preference less extreme? Biden wants to spend trillions of dollars during runaway inflation. Too bad Biden isn't and old school Democrat because the likes of Obama and Clinton don't exist anymore in today Democratic party. Edited November 22, 2021 by Triggerwarning Quote
gehringer_2 Posted November 22, 2021 Posted November 22, 2021 (edited) On 11/22/2021 at 6:32 PM, Triggerwarning said: Does is make you feel better about yourself to try to make your political party of preference less extreme? Biden wants to spend trillions of dollars during runaway inflation. Too bad Biden isn't and old school Democrat because the likes of Obama and Clinton don't exist anymore in today Democratic party. Expand LOL - Larry Summers doesn't make me feel anything about myself bro. Get over your rookie self Edited November 22, 2021 by gehringer_2 1 1 5 Quote
pfife Posted November 22, 2021 Posted November 22, 2021 On 11/22/2021 at 6:32 PM, Triggerwarning said: Does is make you feel better about yourself to try to make your political party of preference less extreme? Biden wants to spend trillions of dollars during runaway inflation. Too bad Biden isn't and old school Democrat because the likes of Obama and Clinton don't exist anymore in today Democratic party. Expand Trump kept QE going while bragging about having the greatest economy ever. Your house is glass at best. 2 Quote
pfife Posted November 22, 2021 Posted November 22, 2021 On 11/22/2021 at 6:23 PM, Triggerwarning said: Even Larry Summers thinks Biden's fiscal and print and spend polcies are a horrible failure. Summers was Obama's Treasury Secretary. “These are the least responsible fiscal macroeconomic policy we’ve have had for the last 40 years,” Summers said. Expand even larry summers has an opinion Quote
ewsieg Posted November 22, 2021 Author Posted November 22, 2021 On 11/22/2021 at 6:23 PM, Triggerwarning said: Even Larry Summers thinks Biden's fiscal and print and spend polcies are a horrible failure. Summers was Obama's Treasury Secretary. “These are the least responsible fiscal macroeconomic policy we’ve have had for the last 40 years,” Summers said. Expand If I'm reading this right, you're saying that Biden is worse than every president in the last 40 years, except for Reagan? Quote
Jim Cowan Posted November 22, 2021 Posted November 22, 2021 On 11/22/2021 at 6:49 PM, gehringer_2 said: LOL - Larry Summers doesn't make me feel anything about myself bro. Get over your rookie self Expand Lol!!! Quote
Motown Bombers Posted November 22, 2021 Posted November 22, 2021 The last two Republicans left office in economic ruin and yet those same people still lecture us on the economy. Quote
Tiger337 Posted November 22, 2021 Posted November 22, 2021 On 11/22/2021 at 7:02 PM, pfife said: Trump kept QE going while bragging about having the greatest economy ever. Your house is glass at best. Expand They started to raise interest rates in the second year of Trump's presidency. This hurt the market which hurt Trump's feelings. Then, it seemed like Trump intimidated them into dropping the rates again. Great economic policy there! Quote
Tiger337 Posted November 22, 2021 Posted November 22, 2021 On 11/22/2021 at 6:49 PM, gehringer_2 said: LOL - Larry Summers doesn't make me feel anything about myself bro. Get over your rookie self Expand Gehringer makes a lot of brilliant posts, but this might be his best of the year. Quote
John_Brian_K Posted November 22, 2021 Posted November 22, 2021 So apparently we are supposed to approve spending bills like this almost every year...or at least propose them. When was the last one? America First? What about before that? I am sure this is not a unique thought, but I wonder if we are supposed to have a spending bill almost every year...in years we do not....do we just stock pile money? Quote
pfife Posted November 22, 2021 Posted November 22, 2021 On 11/22/2021 at 7:47 PM, Tiger337 said: They started to raise interest rates in the second year of Trump's presidency. This hurt the market which hurt Trump's feelings. Then, it seemed like Trump intimidated them into dropping the rates again. Great economic policy there! Expand oh yes he definitely applied pressure to Jerome Powell on exactly this. It's hilarious that people come here and talk about inflation but don't have anything to say about this. Quote
Tiger337 Posted November 22, 2021 Posted November 22, 2021 On 11/22/2021 at 9:19 PM, John_Brian_K said: So apparently we are supposed to approve spending bills like this almost every year...or at least propose them. When was the last one? America First? What about before that? I am sure this is not a unique thought, but I wonder if we are supposed to have a spending bill almost every year...in years we do not....do we just stock pile money? Expand No money is being stockpiled. The debt is 29 trillion! And that has been accumulating for a long time regardless of the party in power. Quote
mtutiger Posted November 22, 2021 Posted November 22, 2021 On 11/22/2021 at 6:23 PM, Triggerwarning said: Even Larry Summers thinks Biden's fiscal and print and spend polcies are a horrible failure. Summers was Obama's Treasury Secretary. “These are the least responsible fiscal macroeconomic policy we’ve have had for the last 40 years,” Summers said. Expand Is this the same Larry Summers who is enthusiastically backing the BBB Act? 1 1 Quote
pfife Posted November 22, 2021 Posted November 22, 2021 On 11/22/2021 at 9:43 PM, mtutiger said: Is this the same Larry Summers who is enthusiastically backing the BBB Act? Expand LOL! Looks like someone needs to talk to Archie about consuming media that doesn't feed him a narrative Quote
pfife Posted November 23, 2021 Posted November 23, 2021 Thanks for saving Christmas, Brandon!!! Quote
mtutiger Posted November 23, 2021 Posted November 23, 2021 (edited) On 11/23/2021 at 2:05 AM, pfife said: Thanks for saving Christmas, Brandon!!! Expand I noticed someone in the comments talking about Thanksgiving reporting on the cost of the dinner being higher this year. Kroger ran a promo where they gave us a free turkey because we spent $100 on groceries last week lol Edited November 23, 2021 by mtutiger Quote
Triggerwarning Posted November 23, 2021 Posted November 23, 2021 On 11/22/2021 at 7:18 PM, ewsieg said: If I'm reading this right, you're saying that Biden is worse than every president in the last 40 years, except for Reagan? Expand Those are Larry Summers words not mine. But nice baiting. Quote
Triggerwarning Posted November 23, 2021 Posted November 23, 2021 On 11/23/2021 at 2:55 AM, mtutiger said: I noticed someone in the comments talking about Thanksgiving reporting on the cost of the dinner being higher this year. Kroger ran a promo where they gave us a free turkey because we spent $100 on groceries last week lol Expand Well hells bells. I guess a Kroger free Turkey must mean supply chain issues, run away inflation , increased gas prices , etc don’t matter. Just give the plebs their freaking free Kroger Turkey and tell them to shut up and stuff their pie hole. Quote
mtutiger Posted November 23, 2021 Posted November 23, 2021 On 11/23/2021 at 3:09 AM, Triggerwarning said: Well hells bells. I guess a Kroger free Turkey must mean supply chain issues, run away inflation , increased gas prices , etc don’t matter. Expand Did I say that? On 11/23/2021 at 3:09 AM, Triggerwarning said: Just give the plebs their freaking free Kroger Turkey and tell them to shut up and stuff their pie hole. Expand Did I say that? Quote
mtutiger Posted November 23, 2021 Posted November 23, 2021 On 11/23/2021 at 3:07 AM, Triggerwarning said: Those are Larry Summers words not mine. But nice baiting. Expand Is this the same Larry Summers who is enthusiastically backing the BBB Act? Quote
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