So much for the Trump economy:

Hell yeah he did! And it was about time. The fucking chinese have been giving us wedgies and taking our lunch money for years. And thank you, you helped me find the ONLY thing pResident walking dead has done that I even remotely approve of:

https://www.cnn.com/2022/01/26/politics/china-tariffs-biden-policy/index.html
Then you approve of inflation and supply chain issues.

trump never understood tariffs. He killed countless soybean farmers, and created the problems we have today. You are correct...this is trump's fault.

But...I don't fault you for agreeing with the concept of weaning ourselves off of Chinese crap. What you don't understand is that doing so causes short term pain early on.

That's where we are now. Stop blaming Biden. In fact, Republicans refused to allow funding to bring jobs back home.

Why is that?
 
Who did that?

Paris_Tuileries_Garden_Facepalm_statue.jpg
 
Then you approve of inflation and supply chain issues.

trump never understood tariffs. He killed countless soybean farmers, and created the problems we have today. You are correct...this is trump's fault.

But...I don't fault you for agreeing with the concept of weaning ourselves off of Chinese crap. What you don't understand is that doing so causes short term pain early on.

That's where we are now. Stop blaming Biden. In fact, Republicans refused to allow funding to bring jobs back home.

Why is that?

Then you approve of inflation and supply chain issues.

Inflation is too much money chasing too few goods. That was not the pre-pandemic situation. Supply chain problems are, to the best of my knowledge, a lingering issue from the shutdown with a little vaccine mandate thrown in. I understand there’s a shortage of about 80,000 truck drivers out there and there are cargo laden ships off California still waiting to unload. ‘Tater head promised to fix this, how I do not know and we have seen no discernible progress.

trump never understood tariffs. He killed countless soybean farmers, and created the problems we have today. You are correct...this is trump's fault.

Trump understood the concepts of a trade war perfectly. It’s why he gave the economy it’s head without interference, so it could get robust enough to withstand the turbulence ahead. And if you were listening, Trump warned us about this. Trump’s “fault”? Well, he started the war, but NOBODY here predicted that china’s arsenal included an engineered pandemic. THAT is the cause of this whole mess. Face it, china played dirty.

Stop blaming Biden.

No problem. That would be hypocritical seeing as in a rare bout of lucidity, he’s keeping the Trump tariffs in place. What I will blame him for is his failure to do anything meaningful to halt the virus(which is supposedly the main reason he was “elected”), or to “fix” the economy, which he said could only be “fixed” by halting the virus.

In fact, Republicans refused to allow funding to bring jobs back home.

Why is that?

Are you talking about build back broke? TRILLIONS of dollars printed up and injected into the economy. And what goods and services is those trillions supposed to chase? Talk about your inflation! Thankfully manchin and sinema saw that coming. You want to bring jobs home? Here’s an idea, the “Bring Business Back” bill! Drop the sanctimonious climate change BS(that includes pulling out of the stupid Paris climate accords…again), offer businesses no interest long term government loans to build infrastructure. Drop environmental regulations so these companies can mine their own raw materials here, get the government boot off the neck of the energy industry, allow these newly repatriated industries to pay their workers on the same scale the chinese paid their people, and make all this tax free for at least 10 years. Good luck getting that past the squad though. And good luck finding hundreds of thousands of smug, self-righteous college educated factory workers who thought they were going to be running these companies instead of assembling iPhones and Nike sneakers.

Actually, I think your best shot would be to drop the voting rights BS, take your lumps in November, and quietly back away from this whole mess in 2024 by turning it over to the GOP. You guys never had a plan in the first place.
 
Appears one doesn’t understand the concept of demand pull inflation, the effects of an imbalance in aggregate supply and demand, was always going to happen, but it isn’t structural

Buzzword fallacies. Try English. It works better.

Inflation is structural. It pervades throughout the entire economy. Inflation isn't profit.
 
Corporations, despite getting billions in Fed handouts since the trump virus shut down the economy, are hiking prices despite record profits and record cash on hand.

You mean the corporations that no longer exist? The ones that were DESTROYED by fear mongering by Democrats?
 
Why do you keep skipping the obvious, Covid caused it,
No. DEMOCRATS caused it.
did you think life was going to go on as normal when a killer virus
Covid19 does not kill.
with no vaccines or natural immunity
Natural immunity has always existed. The vaccines seem to be little more than placebos.
was rapidly spreading thru social contact?
Covid19 is an airborne virus, dumbass. It's in the air everywhere and on every surface.
You had a number of Red States who didn’t lockdown, yet they suffered the same economic fate, how does that fit into your framing
They didn't. Their economies are working, and idiot Democrats are trying to claim their success.
 
This is an addition to tRump's crashed economy at not making America great again but putting the domestic and global economies at the brink of a complete second great depression scenario. Fortunately, the majority voter and uncorrupted electoral college and unhacked election this time in 2020 rose to the occasion at giving tRump and his lawlessly hacked in sewer mob the boot! The legacy of what tRump did to America in terms of a legacy of crap:

5 Ways the Trump Administration’s Policy Failures Compounded the Coronavirus-Induced Economic Crisis
The Trump administration’s failure to respond to the coronavirus pandemic and the subsequent economic fallout has exacerbated both crises in the United States.

The Trump administration’s failed public health response is mirrored by its failure to respond to the economic crisis, which has led to an economic fallout that sets the United States apart from other high-income nations.

With some 37.6 million Americans filing for unemployment insurance since the beginning of March and the official unemployment rate reaching 14.7 percent in April—a level not seen since the Great Depression—the American economy is in a disastrous state, with repercussions expected for years to come. The level of economic and public health pain that Americans are now experiencing, however, was not inevitable, but rather the consequence of a series of policy failures that started well before the coronavirus outbreak. The Trump administration’s past actions weakened the United States’ ability to respond to the pandemic, and its current actions continue to exacerbate the dual public health and economic crises. Although Congress was able to pass a series of stimulus measures that have blunted the economic pain for families, this relief happened in spite of the Trump administration, not because of it.

The weakness of the Trump administration’s economic response to the coronavirus crisis—much like the failure of its public health response—can be seen in comparison with the United States’ international peers. As demonstrated by the experiences of peer nations, a rapid and coordinated public health response could have contained the pandemic more effectively and reduced the mounting economic losses. Instead, it seems as though the United States is getting the worst of both: the highest death toll of any country and what will likely be the sharpest economic contraction in American history."
https://www.americanprogress.org/ar...mpounded-coronavirus-induced-economic-crisis/

Covid19 does not kill. It was DEMOCRATS that shut down the economy.
 
Inflation is too much money chasing too few goods. That was not the pre-pandemic situation. .
Inflation is more complex than Tucker Carlson is telling you.

trump started both the supply chain issues, and inflation when he started his losing trade war with China. The price of appliances went up immediately, and the wait to get them was months. The trump virus shut down a lot of the economy, but not all of it. People sat home and drove Amazon share price through the roof.

If trump had any brains, he would have pushed for American manufacturing lending with all of the money Americans paid in tariffs.

But he chose to golf instead.

When trump was run out of office, the economy was able to reopen thanks in large part to Biden's aggressive vaccine push. But the trump tariffs created massive back logs in Chinese made goods, which came to the fore when the Biden economy took off (like rocket fuel that was promised by those who created the tax giveaway to billionaires).

trump's Fed poured billions into corporations during Covid, but despite record profits and cash on hand, they still hiked prices which is responsible for a lot of the inflation.

Name one thing that Biden has done to create inflation, or supply chain issues.
 
Name one thing that Biden has done to create inflation, or supply chain issues.

This is getting weird. I can't believe I'm taking that demented fossil's side again, but if we accept that Trump started the trade war, and we accept your explanation that it caused inflation and supply chain issues, then biden is at least responsible for exacerbating the situation by continuing the tariffs. Which I support...:palm:

Something inflationary that he's DIRECTLY responsible for is the shit storm he's turned the American energy sector into. The transportation costs of everything have gone through the roof, and that has nothing to do with chinese tariffs.
 
First - I despise BOTH Trump and Biden as POTUS.

True or false, please?

The 'Covid Depression' was caused by the lockdowns...period.
That means that when the lockdowns were lifted...the economy would automatically rebound back to pre-lockdown levels?

True or false, please?

True.
 
Inflation is more complex than Tucker Carlson is telling you.

trump started both the supply chain issues, and inflation when he started his losing trade war with China. The price of appliances went up immediately, and the wait to get them was months. The trump virus shut down a lot of the economy, but not all of it. People sat home and drove Amazon share price through the roof.

If trump had any brains, he would have pushed for American manufacturing lending with all of the money Americans paid in tariffs.

But he chose to golf instead.

When trump was run out of office, the economy was able to reopen thanks in large part to Biden's aggressive vaccine push. But the trump tariffs created massive back logs in Chinese made goods, which came to the fore when the Biden economy took off (like rocket fuel that was promised by those who created the tax giveaway to billionaires).

trump's Fed poured billions into corporations during Covid, but despite record profits and cash on hand, they still hiked prices which is responsible for a lot of the inflation.

Name one thing that Biden has done to create inflation, or supply chain issues.

Reduced the country's fuel supply. Next!
 
”U.S. economy grew 5.7 percent in 2021 in rebound from 2020 recession”

“The U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with resilience from 2020′s brief but devastating recession. GDP had shrunk 3.4 percent in 2020, the steepest full-year drop since an 11.6 percent plunge in 1946“

“The nation’s gross domestic product — its total output of goods and services — expanded 5.7 percent in 2021. It was the strongest calendar-year growth since a 7.2 percent surge in 1984 after a previous recession. The economy ended the year by growing at an unexpectedly brisk 6.9 percent annual pace from October through December, the Commerce Department reported Thursday.”

https://www.politico.com/news/2022/01/27/u-s-economy-grew-2021-2020-recession-00002678

News you won’t see on Tucker and Sean

And because I know the “but, but, but inflation” is going arise let me borrow from the news to explain demand pull inflation so even the wingers can understand it:

“The resurgence in demand was so robust, in fact, that it caught businesses off guard. Many struggled to acquire enough supplies and workers to meet a swift increase in customer orders. Shortages became especially acute for goods ordered for homes, from appliances to sporting goods to electronic equipment. And with computer chips in especially short supply, auto dealers were left desperately short of vehicles.

“Factories, ports and freight yards were overwhelmed and supply chains became ensnarled. Inflation began to accelerate.”

Least Biden won’t be lying like Donnie when he points out he did inherited a lousy economy

So much for the Biden economy.

https://www.justplainpolitics.com/s...022-GDP-growth-only-0-1&p=4923497#post4923497
 

Actually, kudos to President Biden's economy versus the shit economy on Earth with the cheetolini tRump's disaster area:

Biden is delivering the fastest economic recovery in history. Why hasn't anyone noticed?

Democrats are faced with a sticky problem: The economy is nearing full employment after businesses added 210,000 jobs in November, labor force participation climbed to its highest level since the pandemic and wages are rising across many industries. Yet most voters are increasingly pessimistic about President Biden’s economic stewardship.

“I’m not exactly sure why what’s happening isn’t being characterized as a booming recovery from a worldwide shutdown,” Hawaii Sen. Brian Schatz (D) mused in a tweet last month. The answer involves a bit of Democratic over-optimism and a whole lot of Republican messaging the Biden administration has been slow to counter.

Schatz is largely right: Under Biden, the American economy has recovered from its Trump-era lows with remarkable speed. Just a year ago, the unemployment rate sat stubbornly at 6.7 percent. Today, only 4.2 percent of Americans are out of work. Similar economic recoveries have normally taken three times as long. The Biden administration is delivering on the fastest sustained economic recovery in American history, yet its messaging struggles to tell that story."
https://thehill.com/opinion/white-h...astest-economic-recovery-in-history-why-hasnt
 
Something inflationary that he's DIRECTLY responsible for is the shit storm he's turned the American energy sector into. The transportation costs of everything have gone through the roof, and that has nothing to do with chinese tariffs.
You haven't tied this to Biden.
 
Back
Top