Biden’s Spending Plans Would Boost Economy, Not Spark Inflation: Moody’s

That's cool. I don't care about boss tweed.

 

Again, you are using 2017 with Trump. He had to over come Obama-Biden's 1.7% and spiraling downwards economy. And, Obama said himself that the economy would never go above 2% again. Wrong! Trump had it above 4% before the pandemic. Now, Biden will mess things up because he has gotten rid of everything Trump did and back to Obama's economy and worse. You have to see this, don't you?

 

False.

2017: 2.3%
2018: 3.0%
2019: 2.2%
2020: -3.5%

• Real GDP growth rate by year in the U.S | Statista

 

You are conflating different measuring tools. Here you go. And, also, you showed 2020 again and I've pointed out that's nothing to do with Trump's agendas.
Current-dollar GDP increased 4.1 percent, or $847.5 billion, in 2019 to a level of $21.43 trillion, compared with an increase of 5.4 percent, or $1,060.8 billion, in 2018 (table 1 and table 3). - https://www.bea.gov/news/2020/gross...nd-year-2019-third-estimate-corporate-profits
The economy was far better under Trump. It was ready to spike up even more and then the pandemic hit in 2020. Now, we will see Obama's prediction come true with Biden because of Biden's stupidity killing the economy. The economy may show growth this year but not because of anything Biden has done. It may because of in spite of what Biden has done. The stupid neck sniffing of girls butthead.

 

Real GDP. From the link.



Nowhere near 4.0%, even broken down by quarter. No spikes. 2019 looks like 2016.

 

Trump spent more in his 4-year term than any other President has in a 4-year term ever

 

Did Trump spend it or was it congress?

 

Trump signed every bill, so it was Trump

 

Both. It's always both.

 

deleted

 

Congress spent. Congress authorizes spending. Trump requested and never received budget cuts. Time to get the Dems and RINOS's out and more fiscal conservatives to pass sane budgets and manage our government finances is there is a never ending stream of taxpayer money and a print press.

 

The Republicans spend even more money than the Democrats. They borrow and spend creating more debt now and in the future. The Democrats spend and tax. At least they cover their spending with tax revenues. Until the Republicans come along and lower the taxes without lowering the spending.

 

I get it now. The GQP is holding up Biden's infrastructure spending in order to sabotage the economy and make Biden look bad.

They're a bunch of self-serving traitors who are failing to live up to their oaths, just like the satanic figure they sold out to over the last four years.

 

Transitory and in the long run are operative. If there is even transitory inflation then it creates inflation. Sure what he does today might not matter in 30 years as far as inflation, but that doesn't mean it makes it worth the risk.

Right now the economy is having problems that more asphalt and free baby sitters isn't going to fix. I spoke to a woman today who owns two local restaurants. Her labor costs have gone from 30% of revenue to 50% and the cost of supplies have gone from 30% to 55% so she is underwater before paying any other expenses and has no idea how long she will remain open. She said one of her suppliers told her with the government having essentially paid so many farmers to produce nothing this year combined with the droughts, he has no idea if he will even have supplies for her this winter.

 

I said FISCAL CONSERVATIVES. Not RINO's. The Republicans are the ONLY party that has produced balanced budgets and very close to them heading that way. You REALLY think this Democrat Congress with a Democrat president are going to spend less than Republican even with their RINO's?

So again

We need fiscal conservatives in office to get the budget and fiscal and monetary policy back in order and stop with this Democrat idea that the government can just print money and hand out to people and everyone's life will be just honky dory and we don't even have to work and we'll still get a check folly.

Do you disagree? If so why?

 

Nothing explains Biden's "plan" better than this photo:

 

I have noticed shortages at the local grocery stores.

 

Who did you vote for last November?

 

Any spending must be approved by congress.

 

The GOP is holding up the bill until it is finished.

 

Those who were the most fiscal conservative. Who do you think that would be? Who did you vote for?

 

Oh and I'm sure you would have been on the front lines defending him had he shutdown the government instead of signing those budgets to keep it operating. Give me a break.

Yea at some point a President has to take the best deal they can, that's how government works they come together and pound out agreements.

 

I have not directly but have been told we may end up having a carrot shortage because of the inability to find driver when the bulk of the crop came in. I mean things like the cleaning supply aisle at the Dollar General stays picked to the bones but you can find the same stuff other places. I suspect they probably have just stopped ordering as much stuff because of shoplifting of those products. A local owned store I go to has less meat out at any given time and it is a lot more expensive so we may be heading in that direction but aren't quite there yet.

 

and the President

 

Sadly, this is so true.