Kitchen Sink- ENTER WITH CAUTION - Is America Better Off ?

tom

Jul 1, 2022
1:35pm

Originally posted by: PJ Stroh

GDP goes down when the trillion dollars of government stimulus goes away along with the free money from the FED. If you support reigning in both of those government stimulus programs then you also support the consequences that comes with it..

If you just want to be a crybaby then you can pretend taking a trillion dollars out of the economy doesnt impact GDP. Its a free country - you can take what ever positon you want. It just comes down to if you want to be serious or a crybaby.

So pj admits the Biden economy is a house of cards built on money the govt doesn't have.

PJ Stroh

Jul 1, 2022
1:46pm

Block User

Originally posted by: tom

So pj admits the Biden economy is a house of cards built on money the govt doesn't have.

Feel free to send back your govnrment checks, Tom....the ones you brag about in the context of "Trump's economy". ANd since you admit thats money the government doesnt have it begs the question as to why you would brag about its impact under Trump. If the deficit is your thing then we are much better off under Biden's economy.

The S&P 500 doesnt trade at 22 times earnings unless the government is writing checks and loanng money out for free. People who recognize that needs to end underdstand the current environment. People who just want to cry because they realized their Truth Social stock (sym: DWAC) is now worth as much as a degree from Trump UNiversity have my sympathy but are not worth taking seriously.

Kevin Lewis

Jul 1, 2022
1:47pm

Block User

Stupid Tommie-poo, PJ neither said nor "admitted" any such thing. Don't lie in addittion to being a stupid fuck.

I notice you refer to "the Biden economy" when you want to bitch about something but "the Trump economy" when you want to praise your orange master. Let me school you, stupid Tommie-poo: both the Trump and the Biden administrations have operated during times of budget deficits, which means the government borrows "money the govt doesn't have." Nothing new about that. The last government surplus was during a Democratic administration.

But you oppose government borrowing? Then you need to decry Trump's tax cuts for the rich, which put the nation in a multi-trillion-dollar hole, or his pandemic handouts, which dug that hole even deeper. I expect to hear you tell us how irresponsible that was.

Stupid Tommie-poo.