Republicans are generally bad for the economy

HURRY !!!HURRY!! ANYTHING TO DISTRACT FROM BIDENPOCALYPSE...!!!


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BartenderElite said:
We really can't ignore the history on this. You have to go back to Reagan's 1st term to cite a time when a Republican President actually improved the economy in a sustainable way.
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Trump's first three years.......eat your heart out.......we have to go all the way back to January of 2021 before we find evidence that Biden has totally fucked the US economy over.........you know, when he blocked US oil production.........he pledged to bankrupt the oil companies......you fucks didn't realize he would take the rest of us with it.........
 
PostmodernProphet said:
Trump's first three years.......eat your heart out.......we have to go all the way back to January of 2021 before we find evidence that Biden has totally fucked the US economy over.........you know, when he blocked US oil production.........he pledged to bankrupt the oil companies......you fucks didn't realize he would take the rest of us with it.........
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How was Trump's 4th year?

How was it when he left office?
 
BartenderElite said:
We really can't ignore the history on this. You have to go back to Reagan's 1st term to cite a time when a Republican President actually improved the economy in a sustainable way.

Bush Sr. left us w/ a Recession, Bush Jr. left us with a crash, and Trump lost more jobs than any President in modern history.

I don't necessarily disagree w/ some of the fiscal conservatism that USED to characterize the GOP. But austerity measures in general don't work during times like this. They would have been a disaster in Obama's 1st year, when everyone on the right was saying his stimulus would lead us to a Depression. Once again, they were wrong - it ended the downward spiral Obama inherited, and spurred the longest recovery we've had in the modern era.

Fool me once, shame on you & all that. Give Biden time - it's only been a year and a half, which is hardly any time at all in economic cycles. Don't buy the Republican promise that they can "fix" anything. They never have, at least w/ economics.
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Here and now Biden proves you 100% wrong. He is worse than Jimmy Carter. The other Democrat President fuck up.
 
BartenderElite said:
We really can't ignore the history on this. You have to go back to Reagan's 1st term to cite a time when a Republican President actually improved the economy in a sustainable way.

Bush Sr. left us w/ a Recession, Bush Jr. left us with a crash, and Trump lost more jobs than any President in modern history.

I don't necessarily disagree w/ some of the fiscal conservatism that USED to characterize the GOP. But austerity measures in general don't work during times like this. They would have been a disaster in Obama's 1st year, when everyone on the right was saying his stimulus would lead us to a Depression. Once again, they were wrong - it ended the downward spiral Obama inherited, and spurred the longest recovery we've had in the modern era.

Fool me once, shame on you & all that. Give Biden time - it's only been a year and a half, which is hardly any time at all in economic cycles. Don't buy the Republican promise that they can "fix" anything. They never have, at least w/ economics.
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But but but......You told us you were generally a Republican. You mean you have been voting for people to crash the economy every time you voted prior to 2020? Sounds like bullshit to me..
 
Stone said:
But but but......You told us you were generally a Republican. You mean you have been voting for people to crash the economy every time you voted prior to 2020? Sounds like bullshit to me..
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I have literally never said the bolded on this site, or anywhere.

Wow, do you guys just lie with ease.
 
I do have to admit......Clinton didn't fuck up too bad while Gingrich had a tight hand on Congress......but Carter, Obama and Biden?.......total disasters....
 
Grokmaster said:
Horse shit. The 2008 economelt was due , ENTIRELY to Democrat polices, starting with the CRA (Clinton), and the rescinding of long-standing exec orders blocking investment houses from dealing in mortgage=backed securities, people frmo going directly from an administration into the field they were regulating, etc.(ALSO CLINTON), and then, the placuing the US taxpayer, via Fannie & Freddie (The GSEs etc.) on the hook for all the SUBPRIME LOANS the CRA CAUSED, and investment houses full of former Clinton Adm. members invested in, then blaming it all on GW Bush.

Just like the Dunce-o-crats now try to "BLAME TRUMP" for the SHUTDOWNS THAT WERE ENTRIELY THEIR DOING, AND THE DAMAGE THEY CAUSED.
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Seditious, insurrectionist, moral rot and treasonous repukes are generally, as demonstrated, atrocious toward anything of a civilized nature as tRumo corrupted creatures who are not only incapable of supporting any economy as embezzling sleaze balls but also incapable of also supporting anything of a civilized nature on Earth. This comes to the repuke atrocity basically being a U.S. and global liability of common savages at whoring it up with foreign enemies and on the taxpayer dime:

Historically, the United States economy has performed better on average under the administration of Democratic presidents than Republican presidents since World War II."

https://en.wikipedia.org/wiki/U.S._... States economy,presidents since World War II.
 
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Grokmaster said:
Horse shit. The 2008 economelt was due , ENTIRELY to Democrat polices, starting with the CRA (Clinton)
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The CRA had nearly nothing to do with the 2008 Housing Crisis, because the houses covered by it were not involved. The CRA came into force under Carter, and had mostly been sidestepped by the Clinton Era. 29 year old mortgages were not the problem in 2008, it was the one and two year old mortgages that were a problem.
 
cawacko said:
My apologies if I misunderstood but that was my interpretation of your 'letting it run its course' comment. Keeping easy money flowing is just going to prolong inflation (you said the Fed has hit the limit of taking aggressive action - i.e. they don't need to raise rates anymore). Yes, I believe the Fed needs to continue raising rates until we've wrung inflation out of the system (in a similar method to Volker).
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Raising rates doesn't stop the inflation. The Fed is still printing money faster than wealth is being created. That is the direct cause of inflation.
 
LV426 said:
I have very, very, very, very bad news for you.

Raising interest rates right now isn't going to affect inflation at all because it's not inflation we are experiencing...it is price gouging.

You know it's not inflation because wages haven't inflated at the same rate, and inflation affects every dollar equally.

So the real inflation rate is whatever the rate is for wage growth and everything above that is just greed.
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No. It is inflation. Wages usually lag inflation. That's why inflation is a bad thing for workers.
 
LV426 said:
Nope. Wrong.

Completely fucking wrong.

A lie.

It was the Bush Administration that put the kibosh on the bipartisan GSE reform in 2005, NOT DEMOCRATS you fucking liar:

"Strong opposition by the Bush administration forced a top Republican congressman to delay a vote on a bill that would create a new regulator for mortgage giants Fannie Mae and Freddie Mac."
https://www.marketwatch.com/story/oxley-pulls-fannie-freddie-bill-under-heat-from-bush

"Despite what appeared to be a broad consensus on GSE regulatory reform, efforts quickly stalled. A legislative markup scheduled for October 8, 2003, in the House of Representatives was halted because the Bush administration withdrew its support for the bill"
https://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.392.8455&rep=rep1&type=pdf

So you're lying again because you don't know what the fuck you're talking about.
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Bush isn't the House of Representatives.
 
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