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[–]sproketboy 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (10 children)

Coming from a commie leftist scum FED who can't do math. LOL

[–]ActuallyNot 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (9 children)

Don't want to accuse you of trying to drag down the conversation on the pyramid of debate, but you seem to have made one or two mistakes in this post.

from my link:

END OF FISCAL YEAR DEBT (IN BILLIONS, ROUNDED) DEBT-TO-GDP RATIO MAJOR EVENTS BY PRESIDENTIAL TERM
2017 $20,245 104% Congress raised the debt ceiling
2018 $21,516 105% Trump tax cuts
2019 $22,719 107% Trade wars
2020 $27,748 129% COVID-19 and 2020 recession
2021 $29,617 124% COVID-19 and American Rescue Plan Act
2022 $30,824 123% Inflation Reduction Act and student loan forgiveness

Now, you'll notice that at the end of 2020, the national debt was $27,648 Billion. And at the end of 2022 it was $30,824 Billion.

$30,824 Billion - $27,748 Billion = $3,076 Billion.

Not $4,300 Billion.

How do non-leftist scum do subtraction?

Or are you claiming that $4.2 Trillion = $3.076 Trillion?

In either case, you're lying, or simply wrong. Is "scum" your word for people who aren't lying?

[–]CarCrusher 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

!!chat_widget

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Can you tell I have a big wiener in this picture?

🌭

[–]Questionable 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

Your numbers look accurate, and I see no discrepancy in your statements.

[–]sproketboy 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

The scum part is your assertion that this had something specific to do with Trump and ignoring covid. But I get it - TDS is a very sad thing.

[–]ActuallyNot 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

The scum part is your assertion that this had something specific to do with Trump

There was a record increase in debt during his presidency, due in part to Trump's tax cuts for his rich mates. It is known that tax cuts for the poor better stimulate the economy because that money gets spent immediately, so the "trickle up" is a much more dominant effect. Inequality and economic growth: Trickle-down effect revisited. In an economic crisis, it may not work at all. Negative Trickle-Down and the Financial Crisis of 2008

The article is very anti-biden, and as you so often get with such a political position, they need to straight up lie to get to support that point of view. The first two years of the Biden presidency did not see a 4.2 trillion increase in national debt. It saw a $3.1 trillion increase. That was not more than in any two year period in American history. The last two years of the Trump presidency were more than twice that.

Covid certainly had an impact. But surely straight up lying about the figures in order to make Biden seem worse to people who don't fact check, seems a lot more scum to me than giving the correct figures, even without including an analysis of the economic environment behind them. I think in a two sentence comment, the first sentence of which is "nope" a simple correction of (some of) the facts is reasonable.

What's the "can't to math" part?

[–]sproketboy 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Trump's tax cuts for his rich mates.

Tell that to all the middle class that got it.

Trickle-Down

ROFL. Now I know you don't know what you're talking about. FOUND THE FED.

[–]ActuallyNot 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

ROFL. Now I know you don't know what you're talking about. FOUND THE FED.

Oh learned one, please enlighten me why referencing trickle down economics allows you this insight.

It's not sufficiently obvious from your comment what your deep and obviously correct line of reasoning actually is.