Biden's presidency

[buddha]

2 hours ago, 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.  

i agree.

[pfife]

Finally.

 

[Triggerwarning]

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

[gehringer_2]

3 minutes ago, 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.

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.

[Triggerwarning]

3 minutes ago, 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.

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

[gehringer_2]

17 minutes ago, 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. 

LOL - Larry Summers doesn't make me feel anything about myself bro. Get over your rookie self

Edited November 22, 2021 by gehringer_2

[pfife]

29 minutes ago, 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. 

Trump kept QE going while bragging about having the greatest economy ever.  Your house is glass at best.

[pfife]

39 minutes ago, 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.

even larry summers has an opinion 

[ewsieg]

53 minutes ago, 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.

If I'm reading this right, you're saying that Biden is worse than every president in the last 40 years, except for Reagan?

[Jim Cowan]

48 minutes ago, gehringer_2 said:

LOL - Larry Summers doesn't make me feel anything about myself bro. Get over your rookie self

Lol!!!

[Motown Bombers]

The last two Republicans left office in economic ruin and yet those same people still lecture us on the economy. 

[Tiger337]

42 minutes ago, pfife said:

Trump kept QE going while bragging about having the greatest economy ever.  Your house is glass at best.

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!

[Tiger337]

58 minutes ago, gehringer_2 said:

LOL - Larry Summers doesn't make me feel anything about myself bro. Get over your rookie self

Gehringer makes a lot of brilliant posts, but this might be his best of the year.  

[John_Brian_K]

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?

[pfife]

1 hour ago, 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!

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.

[Tiger337]

5 minutes ago, 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?

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.  

 

[mtutiger]

3 hours ago, 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.

Is this the same Larry Summers who is enthusiastically backing the BBB Act?

[Motown Bombers]

 

[pfife]

1 hour ago, mtutiger said:

Is this the same Larry Summers who is enthusiastically backing the BBB Act?

LOL!  Looks like someone needs to talk to Archie about consuming media that doesn't feed him a narrative

[pfife]

Thanks for saving Christmas, Brandon!!!

 

[mtutiger]

50 minutes ago, pfife said:

Thanks for saving Christmas, Brandon!!!

 

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

[Triggerwarning]

7 hours ago, 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?

Those are Larry Summers words not mine. But nice baiting. 

[Triggerwarning]

12 minutes ago, 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

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.

[mtutiger]

Just now, 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.

Did I say that?

2 minutes ago, Triggerwarning said:

Just give the plebs their freaking free Kroger Turkey and tell them to shut up and stuff their pie hole.

Did I say that?

[mtutiger]

7 minutes ago, Triggerwarning said:

Those are Larry Summers words not mine. But nice baiting. 

Is this the same Larry Summers who is enthusiastically backing the BBB Act?