Post by Olaf Plunket on Jul 5, 2024 11:11:48 GMT
Jul 5, 2024 8:39:35 GMT dk56 said:
I actually have a clue. I have been watching it very closely for over forty years now. I have tried to explain.
You seem to be willing to excuse Trump for covid, but not Biden. That reminds me of something I have seen all these forty years. Did Clinton stop the deficits for a time or was it tax increases by his predecessor G.H.W. Bush? You appear to have an attitude that we should only focus on the moment, like goldfish.
1.9 trillion is the projected 2024 deficit. Nothing to do with Covid. That’s double trump’s highest pre Covid deficit. Biden bragged nonstop that he reduced the deficit by record amounts, so why is it so high.
Now are you done pretending to be retarded?
Are you finished telling me things I already know better than you?
Here is a graph of the national debt from 1977 (Carter) to 2023 (Biden) It is color coded for Republican and Democrat administrations.
Notice the slope of the line has been steadily increasing. Notice the slope is lower for 2022 to 2023? But I am not going to brag about that because even if your prediction comes true it will be just the continuation of the previous slope. This is not a deficit-to-GDP graph for reasons I explained before. (The national debt as a percentage of GDP has a similar slope, but more clearly shows Clinton's "success" in bringing it down.)
The increase in the slope for the covid shutdown is obvious, I'll grant that. But the increase all the rest of the time is a somewhat smooth curve.
You want to blame Biden for covid, but Trump was the idiot who played (or was) stupid and failed to get a reasonable response to covid. The shutdown happened during his administration, imagine people blaming him. Recently some Trumpers wanted to give Trump credit for taking covid less seriously He needed to take his job more seriously.
No, the end of the shutdown did not return the economy instantly to where it was before. Your expectation that it would is the party in power delusion I mentioned.
Had enough yet?