Debt Ceiling and Economics: For those of you who blame the Biden administration for the debt and inflation perhaps you should study global and basic economics. It takes 4 (FOUR) YEARS...

Spazazer

For those of you who blame the Biden administration for the debt and inflation perhaps you should study global and basic economics.

It takes 4 (FOUR) YEARS for an administration's policies to affect the economy! Those quote un-quote years of low inflation WAS because of the Obama administration, NOT Trump administration.

WE ARE FEELING THE impact of Trump's 25% tariffs to OUR allies and foes AND his HISTORY MAKING ACTIONS of the HIGHEST debt included during an administration!

Raising the Debt Ceiling is done FOR MONEY ALREADY SPENT! If the Republicans knew this, you can negotiate the BUDGET after you pay the bills.

Be responsible Americans.

WinkyTink Loc: Hill Country, TX

Spazazer wrote:

For those of you who blame the Biden administratio... (show quote)

Day drinking again?

Liberty Tree

Spazazer wrote:

For those of you who blame the Biden administratio... (show quote)

Another short term troll

Spazazer

The reason for the recent bank failures... Trump administration loosened the safety standards that were established by Obama administration bc of the many bank failures during the global economic crisis of 2007-2008 by the policies instituted by the Bush administration.

Perhaps this will help you understand....if your financial institution was effected now or in the past.

BBZ Loc: Long Island, NY

Spazazer (new user) Joined: May 17, 2023 Posts: 3

For those of you who blame the Biden administration for the debt and inflation perhaps you should study global and basic economics.

EmilyD

Spazazer wrote:

The reason for the recent bank failures... Trump administration loosened the safety standards that were established by Obama administration bc of the many bank failures during the global economic crisis of 2007-2008 by the policies instituted by the Bush administration.

Perhaps this will help you understand....if your financial institution was effected now or in the past.

Most banking institutions, especially Credit Unions, are composed of regular middle-class people with balances that are not considered "wealth". It's the banks that hold the big money - money from large corporations and organizations with millions and billions in their accounts - that suffer when one of their 'customers' closes out an account.

A few smaller accounts that close out in standard banking institutions won't affect their bottom line.

This bank crash thing is just another fearmongering trick that won't work. That fearmongering ship sailed when we learned the media is a biased tool of the left that is used to spread propaganda.

Stop trying to sell that 💩....we don't buy it anymore.

American Scene

Spazazer wrote:

For those of you who blame the Biden administratio... (show quote)

An excellent analysis of what maga conservatives try to ignore

Part of the problem with the current debt ceiling is the 8 trillion dollars that trump rang up is just 4 years, and

those bills are now needing to be paid for, and the maga cons ignore that fact.

And no matter what the maga cons demand now, they will demand more in September as the new fiscal year starts

EmilyD

Rinaldi wrote:

An excellent analysis of what maga conservatives try to ignore

Part of the problem with the current debt ceiling is the 8 trillion dollars that trump rang up is just 4 years, and

those bills are now needing to be paid for, and the maga cons ignore that fact.

And no matter what the maga cons demand now, they will demand more in September as the new fiscal year starts

Every other president ran up the debt, too. You can try to make it look like it was only Trump that did it, but no one except you gullible left nincompoops ever buy it.

And just in case you don't realize it....we LIKE being called MAGA's!!!

Making America Great Again is not a bad thing, rinaldi, it is a good thing. I know you don't understand how it could be possible that Americans actually love their country, but the fact remains that we do love it, warts and all.

Go ahead and keep calling us what we love to hear!!!

MAGA 2024 ..... TRUMP 2024 !!!!!!!!!

American Scene

EmilyD wrote:

Every other president ran up the debt, too. You ca... (show quote)

Forum rules prevent the most appropriate terms for trump and his supporters.

However, the magas can and do use every vile name for democrats, liberals and independent thinkers.

And these same magas use insults, attacks and slurs, whine and cry to admin when their geezer feelings

are hurt and they feel offended.

EmilyD

Rinaldi wrote:

Forum rules prevent the most appropriate terms for trump and his supporters.

However, the magas can and do use every vile name for democrats, liberals and independent thinkers.

And these same magas use insults, attacks and slurs, whine and cry to admin when their geezer feelings

are hurt and they feel offended.

Again....you should come up with something that actually offends us when you try to smear us. MAGA just doesn't cut it - we LIKE it when you call us that!

Got it?????

American Scene

EmilyD wrote:

Again....you should come up with something that actually offends us when you try to smear us. MAGA just doesn't cut it - we LIKE it when you call us that!

Got it?????

Why should I want to offend you?

Being a maga conservative is offensive enough all by itself.

EmilyD

Rinaldi wrote:

Why should I want to offend you?

Being a maga conservative is offensive enough all by itself.

I don't know why you want to offend me, or anyone. It seems to be part of your innate nature.

Maybe you should ask yourself why that is.....

Spazazer

You don't understand global banking and global economics. You don't know what you don't know. Have a good day.

EmilyD

Spazazer wrote:

You don't understand global banking and global economics. You don't know what you don't know. Have a good day.

Globalism is what we are trying to avoid....not condone. We have always been a nationalist country ruled by ourselves, and most of us don't want that to stop! If we become a global Socialist country, we become nothing more than another Venezuela. And it will happen in the blink of an eye if we don't stop it -- soon!!

Global banking and economics is one socialist step away from communism....

elledee

Rinaldi wrote:

An excellent analysis of what maga conservatives try to ignore

Part of the problem with the current debt ceiling is the 8 trillion dollars that trump rang up is just 4 years, and

those bills are now needing to be paid for, and the maga cons ignore that fact.

And no matter what the maga cons demand now, they will demand more in September as the new fiscal year starts

Presidents don't spend money demonrat congresses do.....DUH!!!!