Mortdooley wrote on Feb 2
nd, 2021 at 11:45pm:
Big Donger wrote on Feb 2
nd, 2021 at 10:45am:
Mortdooley wrote on Feb 2
nd, 2021 at 12:04am:
Biden Will Shatter Our Economy
Don't act like we didn't all see this coming.
Who do you think is giving Biden orders through his ear piece?
Oh, I'd say Darkie, Mort, for sure. But do you know?
We predicted Dear Leader would be an economic disaster and you said ooh. We even showed the accounting by Price Waterhouse: Hillary versus Trump, with his tax cuts and expensive promises.
Trump, of course, surpassed even that. Who could tell Trump would
triple the government deficit in one term -
before covid?I hate talking politics, but the jury's out. Trump turned Obama's GFC deficit of 9 tril into a deficit of 29 - in one term, before covid.
Obama picked up a global financial crisis and turned it around. George W Bush took a Clinton surplus and spent it on war. Clinton took on a George HW deficit and turned it into a surplus, and on and on it goes.
Read my lips: no new taxes, no?
Democrat presidents have been cleaning up after Republican deficits since WWII. Biden's left with the mess created by Trump.
Now forgive me, Mort, for taking your predictions with a grain of salt.
We will make America great again, no?
Darkie, do you mean Susan Rice? That is so racist!
Apparently you don't understand economics any better than biden. The consumer or end user always pays for the increases, these fat cats you want to pay their fair share just pass the taxes on. When prices go up, demand goes down. Demand goes down and tax revenue goes down. Less taxes collected, lower return for raising taxes.
Trumps four years added seven trillion, obama added nine trillion while letting our military preparedness degrade. We saw what happened when Trump sent the budget back to congress, they either shut down the government and blamed him or he signed it and they blamed him for increasing the deficit. That was one of the reasons for part of the deficit. If other countries would pay their fair share we could spend less protecting you!
Obama inherited a democrat created financial mess, when you loan billions of dollars to people who can't pay it back there are consequences.
Democrat Presidents have always "kicked the can down the road" and left the incoming Republican Administration to catch up! All they care about is personal power and feeding their greed. The best way to do that is to continually grow government, bigger government means more power for them.
No, dear. Obama added 8.75 trill to your government debt. Mr Trump added 8.53, prior to the covid stimulous, which gets added to next year's budget.
On the military, Mr Trump continued the funding trajectory of Obama, which was largely bi-partisan. The Senate passed the funding 89 votes in favour to 8 against. It cost 700 billion, not 8.53 trill.
Democrats supported a higher pay rise for troops, which was declined. You know that, everybody knows. Obama gave troops pay rises each budget.
Fact check:
https://www.cnn.com/2019/07/01/politics/trump-didnt-give-troops-first-raise/inde...Now stop pretending. Obama inherited a GFC from a Republican administration. His debt paid for economic stimulous. Trump's debt paid for corporate tax cuts, which amounted to your government borrowing money to fund a rise to Wall Street stock prices.
Bush W did the same, after inheriting a surplus from Clinton. His debt funded two wars and a rise to health care stocks.
Biden's left with a mess, which of course, you'll blame him for. You plan to blame next year's budget fallout on Biden. Oh yes, you'll say, but Obama was in before Trump, so it's his fault, or Biden's wasted money on stimulous. You watch, you'll try every trick in the book to pretend your Dear Leader, Mr Trump, was not the most ineffective and destructive prez you've ever had, hands down.
But I'm curious. Why do you bother? What's in it for you?