What has disgusted you with Biden/Dems?
by OrangeJubilee (2024-02-26 16:33:14)

In reply to: If Trump wasn’t such a tool he would easily win people back  posted by Inigomontoya


I mean this seriously, I do not think much has really changed in the last 3 years, so not sure what would move needle much from 2020. If anything I would think the economy has improved.


As a Libertarian, Biden was "harmless" last 4 years
by rflor  (2024-02-26 17:04:31)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Cannot reply

He didn't cause a lot of damage, mainly because he couldn't get any transformative legislation through Congress aside from the CHIPS act, which I am in huge favor of due to the outsized risk concentrating chip manufacturing in Taiwan.

Where he did cause damage was the last stimulus. He pulled the trigger way too soon and threw gasoline on the inflation fire. I have no evidence to prove this, but I expect inflation is going down just as much because the lower --> middle class has burned through all their stimulus cash and have run out of credit card headroom.

He's in clear cognitive decline, and I worry what our adversaries will exploit over the next 4 years. I was genuinely worried last week that the AT&T network outage was a hack...it's only a matter of time.

One item no one is talking about -- what's going to happen when the Trump tax cuts expire at end of 2025. Likely we will have a split administration one way or the other, so neither party will get their way.


On the stimulus
by Kali4niaND  (2024-02-26 17:12:25)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Cannot reply

How would you feel if GDP growth were halved coming out of the Covid recovery and unemployment rates were several points higher?


I’d be absolutely fine with it.
by rflor  (2024-02-26 19:37:25)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Cannot reply

You’re describing GDP and unemployment rates closer to historical norms. I’d take that if it meant showing some restraint in allowing the economy to react and absorb the previous stimuli combined with the adoption of widespread vaccines.


I think what Biden was trying to avoid
by Kali4niaND  (2024-02-26 19:45:52)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Cannot reply

was the eight years of economic bashing that Obama received from the GOP because he didn't fix the shitshow that he inherited from them fast enough.

In the rearview mirror, the ARP likely wasn't need at the scale it was passed on, but we were just on the cusp of Covid vaccine availability, so, did we really know? He went with better safe than sorry. I can live with that.

And I do think that some of the quick reduction in unemployment and consumer spending that stimulated GDP growth came along with the uptick in inflation.


Would that have been the outcome had he not passed the
by krudler  (2024-02-26 18:55:16)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Cannot reply

last stimulus? Was that the Inflation Reduction Act? I've seen no evidence to support your claim. It can also be argued that those directly contributed to inflation, and higher interest rates.