Jump to content

What did we gain? To all you people that thought a stimulus was necessary


Recommended Posts

13 minutes ago, DriftBusta said:

Who cheers for more government spending?!  Its about only thing most of us agree on.

When you cast a vote for the worst peacetime spender in history I’d say that is unequivocally “cheering” spending

  • Like 1
  • Haha 1
Link to comment
Share on other sites

13 minutes ago, f7ben said:

When you cast a vote for the worst peacetime spender in history I’d say that is unequivocally “cheering” spending

But he ran a casino, into the ground.  :lol:

Link to comment
Share on other sites

20 minutes ago, DriftBusta said:

Who cheers for more government spending?!  Its about only thing most of us agree on.

Well not openly cause it’s gotten a very negative connotation to it in some circles.  A lot of us recognize however that when NAGA’s cheered Trump’s successes such as GDP numbers, job growth, DJI to the moon, etc., that these gains were underpinned by a rapid increase in the money supply.  Yes, there were tax cuts, yayyy, but massive spending as well.  If we went back and ran the same experiment again but this time just without the spending, you’d see lower increase in the overall money supply, and lower economic metrics overall.  Of course these policies aren’t sustainable long term without consequences like inflation but Trump only needed to keep the economy juiced for 4 years to win in 2020; he could care less what happened after.  If Corona hadn’t put a damper on things, he’d have pulled off his magic trick in the minds of most and easily sailed on to re-election.  
 

In summary, bragging up Trumps economic victories carries with it an intrinsic support of the spending that occurred because they aren’t mutually exclusive.  

  • Like 2
Link to comment
Share on other sites

2 minutes ago, Plissken said:

Well not openly cause it’s gotten a very negative connotation to it in some circles.  A lot of us recognize however that when NAGA’s cheered Trump’s successes such as GDP numbers, job growth, DJI to the moon, etc., that these gains were underpinned by a rapid increase in the money supply.  Yes, there were tax cuts, yayyy, but massive spending as well.  If we went back and ran the same experiment again but this time just without the spending, you’d see lower increase in the overall money supply, and lower economic metrics overall.  Of course these policies aren’t sustainable long term without consequences like inflation but Trump only needed to keep the economy juiced for 4 years to win in 2020; he could care less what happened after.  If Corona hadn’t put a damper on things, he’d have pulled off his magic trick in the minds of most and easily sailed on to re-election.  
 

In summary, bragging up Trumps economic victories carries with it an intrinsic support of the spending that occurred because they aren’t mutually exclusive.  

It’s insane that people can disagree with what you just typed. Water is wet and the sky is blue but not in MAGA world.

Link to comment
Share on other sites

45 minutes ago, DriftBusta said:

Who cheers for more government spending?!  Its about only thing most of us agree on.

The blowhard seems to think I’m cheering for spending in spite of the many times I’ve pointed out wasteful spending, and I don’t care who does it it’s not ( hmmm,? What’s that word the globull warmers bleat,,,,).   Oh SUSTAINABLE! 

Link to comment
Share on other sites

48 minutes ago, f7ben said:

When you cast a vote for the worst peacetime spender in history I’d say that is unequivocally “cheering” spending

Oh.  That simple huh?   Smh. Your thought processes need a calibration friend.

Link to comment
Share on other sites

36 minutes ago, Plissken said:

Well not openly cause it’s gotten a very negative connotation to it in some circles.  A lot of us recognize however that when NAGA’s cheered Trump’s successes such as GDP numbers, job growth, DJI to the moon, etc., that these gains were underpinned by a rapid increase in the money supply.  Yes, there were tax cuts, yayyy, but massive spending as well.  If we went back and ran the same experiment again but this time just without the spending, you’d see lower increase in the overall money supply, and lower economic metrics overall.  Of course these policies aren’t sustainable long term without consequences like inflation but Trump only needed to keep the economy juiced for 4 years to win in 2020; he could care less what happened after.  If Corona hadn’t put a damper on things, he’d have pulled off his magic trick in the minds of most and easily sailed on to re-election.  
 

In summary, bragging up Trumps economic victories carries with it an intrinsic support of the spending that occurred because they aren’t mutually exclusive.  

I dont engage in revisionist hindsight bs either.  Its easy to say that Trump should have done this or that, at the time his goal was to stimulate the economy and this notion of modern modern monetary theory was making its way through all the think tanks, and then there are the Keynesians….point is many at the time thought this initial budget was the pivot from 8 years of Obama policy.  He stated his second budget was not going to be remotely like the first.  Then there some who think he shouldnt have increased military spending.  Says who?  Many analysts for years have noted our readiness had deteriorated under Obama.  Then Covid, which added 6 trillion to the debt side. I’ll comtinue to prefer Trump style guidance any fucking day of the week to what the left is peddling these days.

Edited by DriftBusta
  • Like 1
Link to comment
Share on other sites

17 minutes ago, DriftBusta said:

I dont engage in revisionist hindsight bs either.  Its easy to say that Trump should have done this or that, at the time his goal was to stimulate the economy and this notion of modern modern monetary theory was making its way through all the think tanks, and then there are the Keynesians….point is many at the time thought this initial budget was the pivot from 8 years of Obama policy.  He stated his second budget was not going to be remotely like the first.  Then there some who think he shouldnt have increased military spending.  Says who?  Many analysts for years have noted our readiness had deteriorated under Obama.  Then Covid, which added 6 trillion to the debt side. I’ll comtinue to prefer Trump style guidance any fucking day of the week to what the left is peddling these days.

Quit fucking babbling about military readiness. If we can’t have a military that’s “ready”  while spending 30% of our budget on it and more less outspending the rest of the world combined than just fire the whole DoD....asking the military if they need more money is like asking a crack head if he want another hit. 

Edited by f7ben
  • Like 1
Link to comment
Share on other sites

  • Platinum Contributing Member

It’s “revisionist history” to bring up ANYTHING a Republican at any level has done in the past but that goddamn Obama!!!🤣🤣

Edited by Jimmy Snacks
Link to comment
Share on other sites

1 hour ago, DriftBusta said:

Who cheers for more government spending?!  Its about only thing most of us agree on.

Nobody does, but some cry like cunts about it when their guy isn't in office, and act completely different when their guy is in office, you know like constantly posting memes about the other side when their own side spent more, but no memes ever posted.

Link to comment
Share on other sites

38 minutes ago, DriftBusta said:

I dont engage in revisionist hindsight bs either.  Its easy to say that Trump should have done this or that, at the time his goal was to stimulate the economy and this notion of modern modern monetary theory was making its way through all the think tanks, and then there are the Keynesians….point is many at the time thought this initial budget was the pivot from 8 years of Obama policy.  He stated his second budget was not going to be remotely like the first.  Then there some who think he shouldnt have increased military spending.  Says who?  Many analysts for years have noted our readiness had deteriorated under Obama.  Then Covid, which added 6 trillion to the debt side. I’ll comtinue to prefer Trump style guidance any fucking day of the week to what the left is peddling these days.

Despite inheriting 4.8UE rate and spending more in his first 3 years than Obama's last 4, he never had a better GDP than 2015, look at the 4th quarter GDP for 2019, we also were in a manufacturing recession too.  Keep in mind Trump needed 4.4% GDP growth to just cover the tax cuts. As far as military spending I guarantee there are just as many or more who will say the opposite.

Link to comment
Share on other sites

1 hour ago, Sleepr2 said:

The blowhard seems to think I’m cheering for spending in spite of the many times I’ve pointed out wasteful spending, and I don’t care who does it it’s not ( hmmm,? What’s that word the globull warmers bleat,,,,).   Oh SUSTAINABLE! 

You point out wasteful spending while voting for the greatest spender in our lifetime, that is most certainly cheering him on, not to mention you never ever posted one of your famous memes against the spender in chief.

Link to comment
Share on other sites

2 minutes ago, 1jkw said:

You point out wasteful spending while voting for the greatest spender in our lifetime, that is most certainly cheering him on, not to mention you never ever posted one of your famous memes against the spender in chief.

Hardcore smack down 

  • Like 1
Link to comment
Share on other sites

  • Platinum Contributing Member
1 hour ago, 1jkw said:

You point out wasteful spending while voting for the greatest spender in our lifetime, that is most certainly cheering him on, not to mention you never ever posted one of your famous memes against the spender in chief.

You keep repeating spender in chief, yet seem to ignore Biden is the reason everything is costing us more right now, if we can get. Hes making a huge mess and yet you still have a huge crush on Trump for some reason.

  • Like 1
Link to comment
Share on other sites

5 minutes ago, Steve753 said:

You keep repeating spender in chief, yet seem to ignore Biden is the reason everything is costing us more right now, if we can get. Hes making a huge mess and yet you still have a huge crush on Trump for some reason.

No , Trumps insane spending is a big part of this current inflation. 

Link to comment
Share on other sites

46 minutes ago, Steve753 said:

You keep repeating spender in chief, yet seem to ignore Biden is the reason everything is costing us more right now, if we can get. Hes making a huge mess and yet you still have a huge crush on Trump for some reason.

No, I'm not ignoring anything, you seem to forget that Trump's stimulus was bigger than Biden's and only about 50% of the money he doled out was spent during his time in office, further he out spent in his first 3 years Obama's last 4, his reckless spending prior to the pandemic never yielded a GDP greater than 2015. I don't have a crush on Trump I'm just not a cult member who refuses to see what he really did. Then Biden did add to the problem with his own stimulus. There were supply issues even prior to the pandemic, the pandemic made it much worse as did the sudden demand once the economy was opened back up and people had money to spend.

Link to comment
Share on other sites

  • Platinum Contributing Member
1 hour ago, Steve753 said:

You keep repeating spender in chief, yet seem to ignore Biden is the reason everything is costing us more right now, if we can get. Hes making a huge mess and yet you still have a huge crush on Trump for some reason.

Is Trump responsible for anything he did while in office?

Link to comment
Share on other sites

2 hours ago, 1jkw said:

Despite inheriting 4.8UE rate and spending more in his first 3 years than Obama's last 4, he never had a better GDP than 2015, look at the 4th quarter GDP for 2019, we also were in a manufacturing recession too.  Keep in mind Trump needed 4.4% GDP growth to just cover the tax cuts. As far as military spending I guarantee there are just as many or more who will say the opposite.

I just disagree, ok.  Everything that Biden has done, has made things worse.  I appreciate all the statistics and all, and are you factoring leading indicators vs lagging?

  • Like 1
Link to comment
Share on other sites

 

1 minute ago, Jimmy Snacks said:

Is Trump responsible for anything he did while in office?

Yeah being a blowhard and relying too much on Washington insiders, but I dont think he had much choice on the latter.  If the media gave him a fair shake it would be one thing, bit it became pretty clear that the deck was rigged against him from the start.  These Marxist/leftists cheat way worse than the Pubs do.  And Im excusing neither.

  • Like 1
Link to comment
Share on other sites

Just now, DriftBusta said:

I just disagree, ok.  Everything that Biden has done, has made things worse.  I appreciate all the statistics and all, and are you factoring leading indicators vs lagging?

Well of course you do. Leading.    Took over the longest bull market in history, record emerging markets in 2017, low inflation, just to name a few.  Trump claimed 5or 6% GDP yet never did any better than 2015, despite his tax breaks deregulation and reckless spending.

Link to comment
Share on other sites

  • Platinum Contributing Member
32 minutes ago, Jimmy Snacks said:

Is Trump responsible for anything he did while in office?

Trumps not the president right now is he?

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
  • Trying to pay the bills, lol

×
×
  • Create New...