Biden's Economy?

[Vēritās]

Senators Shaheen, Collins, Cardin, and Rubio authored the Paycheck Protection Program. It was a $953-billion business loan program established during the Trump administration in 2020. Sorry, buddy, the the GOP is going to own this one.

God, you MAGAs are hypocrites with short memories.

- Doc

BS. You know how we each stood on this issue at the time. The PPP loans were abused and lasted way longer than necessary. We were back working under Death Santis's direction for years before you lazy cowards ever went back to work. This was an orchestrated and deliberate destruction of the US economy with a democratic socialist stimulus Trojan horse that used the China virus as an excuse.

jackie-chan-meme.gif

[canpakes]

This was an orchestrated and deliberate destruction of the US economy with a democratic socialist stimulus Trojan horse that used the China virus as an excuse.

ajax, what was the entity responsible for the “orchestrated and deliberate destruction of the US economy with a democratic socialist stimulus Trojan horse”, and why did they do it?

[Doctor CamNC4Me]

Senators Shaheen, Collins, Cardin, and Rubio authored the Paycheck Protection Program. It was a $953-billion business loan program established during the Trump administration in 2020. Sorry, buddy, the the GOP is going to own this one.

God, you MAGAs are hypocrites with short memories.

- Doc

BS. You know how we each stood on this issue at the time. The PPP loans were abused and lasted way longer than necessary. We were back working under Death Santis's direction for years before you lazy cowards ever went back to work. This was an orchestrated and deliberate destruction of the US economy with a democratic socialist stimulus Trojan horse that used the China virus as an excuse.

Conspiracy brain at its finest. Remember this when talking with Xanax.

- Doc

[Gadianton]

This was an orchestrated and deliberate destruction of the US economy with a democratic socialist stimulus Trojan horse that used the China virus as an excuse.

this is one of the dumbest sentences I've ever read.

[Vēritās]

So I'm seeing all these MAGAs telling me how miserable everyone in America is because they can't afford gas or the lift kit on their pickup trucks. But they can afford to travel the world at a record pace? There is a reason why Royal Caribbean Cruise Line stock has jumped 196% over the past 12 months. Carnival is up 147% since January. Delta stock is up 47% since January. This wouldn't be happening unless Americans are feeling more confident in their current financial situations.

traveling.jpg

[Doctor CamNC4Me]

Imagine a Trumper complaining about cheap money …

Speaking of cheap money. It looks like the Fed's correction and Biden's deft handling of our country's affairs has the S&P Indexx hitting 4545 today. Aaaaaaah, feels good man.

edit: whoops! It's at 4558 now. MY BAD.

[ajax18]

Imagine a Trumper complaining about cheap money …

Speaking of cheap money. It looks like the Fed's correction and Biden's deft handling of our country's affairs has the S&P Indexx hitting 4545 today. Aaaaaaah, feels good man.

edit: whoops! It's at 4558 now. MY BAD.

I guess it's the President's economic policy rather than Russia that is responsible for the performance of the economy after all. It should say something about how bad the economy generally is that 3% year over year inflation is perceived now as such a victory. That's not even counting the fact that groceries and other essentials never seem to come back down once they go up.

[Doctor Steuss]

I hope you enjoy paying the $31 trillion debt.

Yup, it's going to suck for future generations when the bill finally comes due. The current burden for each taxpayer is $253,005 (US Debt Clock). Bush increased it by 57% in eight years. Obama increased it by 58% in eight years. Trump, wanting to be the best at socialism, increased it by 33% in only 4 years. Before them, Clinton reduced it by 1%, Bush Sr. increased it by 36%, and Reagan, the greatest socialist marxist communist of them all, increased it by 142%.

Deficit by FY:

FY 2021: $966 billion budgeted WITHOUT pandemic spending
FY 2020: $1.083 trillion budgeted WITHOUT pandemic spending
FY 2019: $984 billion
FY 2018: $779 billion (Trump, and the Republican majority's first budget -- more socialist than the last 5 years of Barack HUSSEIN Obama)
FY 2017: $665 billion. (This was Obama's last budget, which Trump asked to revise to spend even more... because he's a Marxist socialist. Congress said no.)
FY 2016: $585 billion
FY 2015: $442 billion
FY 2014: $485 billion
FY 2013: $680 billion

Link

[Doctor Steuss]

It should say something about how bad the economy generally is that 3% year over year inflation is perceived now as such a victory. That's not even counting the fact that groceries and other essentials never seem to come back down once they go up.

So, inflation is caused by a bad economy?

Well, that'd explain why Trump's fed chair wanted to indirectly cause job losses in order to reduce inflation. Or not.

[Vēritās]

I hope you enjoy paying the $31 trillion debt.

Yup, it's going to suck for future generations when the bill finally comes due. The current burden for each taxpayer is $253,005

That's what they said 40 years ago when Reagan crossed us over the $1 trillion debt milestone. I was my grandfather's grandson at the time and yet I'm now 53, and don't ever remember having to write out a huge check to the government to pay for my share of the debt.

So when is this infamous and elusive "due date" supposed to come?


(hint: never)