I'll wait.
I'll wait.
yes, you will.
But...but...but...what about that HORRIBUL BIDEN INFLAYSHUN??
Public opinioin is pessimistic about the economy, the result of a RepubliQ campaogn on FAKE NOOZE and social media. But the numbers show that we're doing pretty damn well.
This is where stupid Tommie-poo posts a link to an article from the Idiot Times about the price of tomatoes, or something.
I'm still waiting!!!
If I borrow $100,000 and schedule a dozen trips and then go finance a new $80,000 car, am I doing well? That's what our government is doing. The US financial future is bleek.
https://www.cnbc.com/2023/10/30/treasury-to-borrow-776-billion-in-the-final-three-months-of-the-year.html
Originally posted by: Boilerman
If I borrow $100,000 and schedule a dozen trips and then go finance a new $80,000 car, am I doing well? That's what our government is doing. The US financial future is bleek.
https://www.cnbc.com/2023/10/30/treasury-to-borrow-776-billion-in-the-final-three-months-of-the-year.html
DAT HORRIBUL BIDEN ECOMONY!!!!!!! EEEEEEEEEK!
Originally posted by: Kevin Lewis
DAT HORRIBUL BIDEN ECOMONY!!!!!!! EEEEEEEEEK!
Pretty easy to ho on a trip with borrowed money. The pain of payment comes later.
Trump borrowed 9 trillion and Boilerman raves about his economy.
Trump also had zero pct interest rates....and a FED that was artifically propping up the bond and mortgage markets by purchasing their securities. Biden has normalized both of those fronts while simultaneously increasing employment and killing inflation. Thats never been done before.
But he is old. So there's that.
Originally posted by: Boilerman
Pretty easy to ho on a trip with borrowed money. The pain of payment comes later.
Pretty easy to not pay your bills and just run away--like your hero, Trump. Or like your RepubliQ pals who want to shut down the government instead.
Originally posted by: PJ Stroh
Trump borrowed 9 trillion and Boilerman raves about his economy.
Trump also had zero pct interest rates....and a FED that was artifically propping up the bond and mortgage markets by purchasing their securities. Biden has normalized both of those fronts while simultaneously increasing employment and killing inflation. Thats never been done before.
But he is old. So there's that.
Yeah, Boiler bleats about borrowing putting the burden of paying the bills onto future taxpayers; then he crows about the economy while the Orange Turd was "President"; then he doesn't acknowledge that the Turd committed that very sin he bleats so long and loud about--massive borrowing.
I wonder if Boiler even realizes that during that wonderful Trump economy, the Turd slashed government revenues in half, to please his donors--and the money still had to come from somewhere. Borrowing was the only way out, and it still is.