Trump Policy has Given us this Inflation

[The5thHorseman]

If you are somehow trying to argue that Obama did not inherit the worst economy ever,

It's clear he didn't.
The recession ended in June 2009. It lasted 18 months and GDP dropped 5.1%.
4 recessions since 1900 lasted longer.
The average recession between 1845-1919 lasted 21.6 months.
1929-1933, GDP declined 26.7%.
1937-193, GDP declined 18.2%.
1945, GDP declined 12.7%.

You're an even bigger drama queen than Obama. LOL!

A) in which of these cases did a new administration inherit the disaster?

B) why might GDP have declined in 1945?

 

[The5thHorseman]

They shouldn't have limited Obama's spending?
How was it even possible for them to do so, Obama being such a budget hawk and all?
DURR

What is it about the numbers that you refuse to grasp?

 

[excalibur]

Now we know why Trump gave us 25% of our total debt in just 4 years.
Trump and the Republicans passed massive spending bills from the very start of the Trump presidency, and they ramped up the deficit massively before covid hit.
Covid is not an excuse for the massive Trump debt, as Trump signed $4.7T pre-covid, and Trump gave us 25% of our total debt in jst 4 years.

Republicans own our out of control debt because they caused it, and let's not forget about what GW Bush did to the deficit.

The $4.7 trillion of debt signed into law by President Trump is on top of the current $17.2 trillion debt held by the public and the $9.2 trillion we were already expected to borrow over the next decade absent these proposals.

The December 2019 spending deal added $500 billion of debt by tacking onto ordinary appropriations a number of tax cuts. Most significantly, the bill permanently repealed three taxes meant to fund the Affordable Care Act, including the Cadillac tax that economists agree would have slowed health care cost growth and significantly reduced deficits over the long term. The legislation also revived a series of temporary special-interest zombie tax breaks, most of which had been expired for two years.

President Trump has Signed $4.7 Trillion of Debt into Law | Committee for a Responsible Federal Budget

2020-01-08-Our US Budget Watch 2020 project analyzes, estimates, and explains the fiscal implications of proposals introduced during the presidential campaigns.

www.crfb.org

You are deranged.

 

[Toddsterpatriot]

Yea exactly, the only time worse was the great depression moron.

I guess you are just 16 years old and not alive in 2009. Because anybody alive then knows how bad the economy was after Bush destroyed it.

Your argument is a joke and a fail.

Get back to us when a republican can actually have a presidential term where they don't crash the economy and give us trillions in debt. because it hasn't happened in like 100 years

Yea exactly, the only time worse was the great depression moron.

When you said "ever", you forgot about the Great Depression? You fucking idiot!

There were many recessions before the Great Depression that were deeper and
lasted longer than the 2007-2009 recession.

 

[Toddsterpatriot]

FACTS:

President Trump has Signed $4.7 Trillion of Debt into Law | Committee for a Responsible Federal Budget

2020-01-08-Our US Budget Watch 2020 project analyzes, estimates, and explains the fiscal implications of proposals introduced during the presidential campaigns.

www.crfb.org

The $4.7 trillion of debt signed into law by President Trump is on top of the current $17.2 trillion debt held by the public and the $9.2 trillion we were already expected to borrow over the next decade absent these proposals.

You don't have any math that shows Trump added $4.7 trillion in pre-covid spending?
DURR

 

[Toddsterpatriot]

A) in which of these cases did a new administration inherit the disaster?

Obama inherited 7.8% unemployment and an economy that came out of recession
in June 2009. Poor guy!

 

[The5thHorseman]

Yea exactly, the only time worse was the great depression moron.

When you said "ever", you forgot about the Great Depression? You fucking idiot!

There were many recessions before the Great Depression that were deeper and
lasted longer than the 2007-2009 recession.

 

[The5thHorseman]

Obama inherited 7.8% unemployment and an economy that came out of recession
in June 2009. Poor guy!

Post the cumulative job losses and real GDP for q1, 2009.

Just the numbers.

 

[The5thHorseman]

You don't have any math that shows Trump added $4.7 trillion in pre-covid spending?
DURR

Show your original math for the FY 2009 budget...

 

[Toddsterpatriot]

What is it about the numbers that you refuse to grasp?

I grasp that the Republican Congress forced Obama to spend less than he wanted.

I can still hear him whining about it.

You saying Obama deserves credit for those spending restrictions reminds me of
Obama fighting as hard as he could against domestic energy and then bragging
about all the new domestic oil and gas production.

 

[Toddsterpatriot]

View attachment 834625

And?
Now post all the pre-Great Depression data.

 

[gipper]

So...

Trump spending inflationary and bad. Biden spending not inflationary and good.

Because.

And you think you are any different than the Trump simps. No, Banker, you are identical except you shill for the other side. It is always telling when a left or right winger points at the other side and bitches about supporting the exact same things they support.

It is amazing how similar the partisan fanatics of the duopoly are. Yet they’re blind to it.

 

[Toddsterpatriot]

Post the cumulative job losses and real GDP for q1, 2009.

Just the numbers.

Will that make banker stop crying?

 

[Toddsterpatriot]

Show your original math for the FY 2009 budget...

Trump wasn't president in 2009.

 

[The5thHorseman]

I grasp that the Republican Congress forced Obama to spend less than he wanted.

I can still hear him whining about it.

You saying Obama deserves credit for those spending restrictions reminds me of
Obama fighting as hard as he could against domestic energy and then bragging
about all the new domestic oil and gas production.

Toddy,

If a Republican congress was the difference, what happened from 2002 to 2006?

 

[The Banker]

You don't have any math that shows Trump added $4.7 trillion in pre-covid spending?
DURR

Thats your response.

I posted a factual research piece that proved Trump spendt $4.7T and added it to the debt.

Here ya go retard, you lose again:

The $4.7 trillion of debt signed into law by President Trump is on top of the current $17.2 trillion debt held by the public and the $9.2 trillion we were already expected to borrow over the next decade absent these proposals.

President Trump has Signed $4.7 Trillion of Debt into Law | Committee for a Responsible Federal Budget

2020-01-08-Our US Budget Watch 2020 project analyzes, estimates, and explains the fiscal implications of proposals introduced during the presidential campaigns.

www.crfb.org

 

[The5thHorseman]

Will that make banker stop crying?

Just do it, Toddy.

 

[The5thHorseman]

Trump wasn't president in 2009.

JUST FUCKING DO IT.

 

[The Banker]

You are deranged.

I post facts.
These facts scare you because they destroy your fake reality.

Trump spent wildly before covid. He added $4.7T to the deficit

The $4.7 trillion of debt signed into law by President Trump is on top of the current $17.2 trillion debt held by the public and the $9.2 trillion we were already expected to borrow over the next decade absent these proposals.

 

[The Banker]

If no democrats voted for it...it wouldn't have passed the senate.

Republicans controled the Senate, here's the votes:

Tax Cuts and Jobs Act - Wikipedia

en.wikipedia.org

You are completely delusional about the massive amount of debt and spending the Republicans had.

Republicans own this debt, their policies caused it. And let's not forget Bush started his presidency with a balanced budget and he left office with trillion dollar deficits, the economy in ruin, and the balanced budget destroyed.