91d
@Metal-Brain saidYou already wrote and posted links about relative spending between presidents. I think it was notable that the comparison included signed pieces of legislation that reduced spending, where trump approved $500 billion in cuts while Biden has approved $1.5 trillion so far. If you're running a big deficits, more cuts are better!
This thread is about spending, not debt. You can tax more to spend more with less debt. That is what the inflation tax does.
A thread about spending should be about spending, not debt alone.
And we still have this undisputable fact:
Trump spending contributed twice as much to debt as Bidens spending
91d
@wildgrass saidSo the inflation tax does not count?
You already wrote and posted links about relative spending between presidents. I think it was notable that the comparison included signed pieces of legislation that reduced spending, where trump approved $500 billion in cuts while Biden has approved $1.5 trillion so far. If you're running a big deficits, more cuts are better!
And we still have this undisputable fact:
Trump spending contributed twice as much to debt as Bidens spending
Once again, you can tax more to spend more so there is less debt.
Why are you pretending to not understand this?
91d
@Metal-Brain saidI understand. Yes, to not go into debt taxes should be higher if you want to increase federal spending. For some reason, the Trump administration did not do this. They raised spending and lowered taxes. Doh! You think that's why the debt figure is so appalling?
So the inflation tax does not count?
Once again, you can tax more to spend more so there is less debt.
Why are you pretending to not understand this?
Its not smart.
@wildgrass saidInflation is a tax. Biden is taxing us to death with inflation to avoid racking up more debt than Trump, but it may not work.
I understand. Yes, to not go into debt taxes should be higher if you want to increase federal spending. For some reason, the Trump administration did not do this. They raised spending and lowered taxes. Doh! You think that's why the debt figure is so appalling?
Its not smart.
Biden is projected to surpass Trump's debt by the end of his term.
@Metal-Brain saidProjected? Err, no. That's impossible, based on current numbers.
Inflation is a tax. Biden is taxing us to death with inflation to avoid racking up more debt than Trump, but it may not work.
Biden is projected to surpass Trump's debt by the end of his term.
Trump's spending contributed to double the amount of current debt compared to Biden.
@wildgrass saidI provided you with my source. Go back and look.
Projected? Err, no. That's impossible, based on current numbers.
Trump's spending contributed to double the amount of current debt compared to Biden.
90d
@Metal-Brain saidYeeeah. I saw it. Your statement is incorrect.
I provided you with my source. Go back and look.
@wildgrass saidYour whole thread is incorrect. You said "spending" and your source only listed debt. Biden's spending exceeded debt because he taxed people with inflation. Biden's "spending" is projected to exceed Trump's "spending".
Yeeeah. I saw it. Your statement is incorrect.
@Metal-Brain saidOh good lord, read the source material nimrod. If you can afford it, spend it.
Your whole thread is incorrect. You said "spending" and your source only listed debt. Biden's spending exceeded debt because he taxed people with inflation. Biden's "spending" is projected to exceed Trump's "spending".
Neither president could afford their spending, but Trump's spending contributed double to the debt.
@wildgrass saidDouble of who? Biden's term is not over yet. You cannot say it is double his.
Oh good lord, read the source material nimrod. If you can afford it, spend it.
Neither president could afford their spending, but Trump's spending contributed double to the debt.
You have to wait until Biden's first term is over. Until then all we have to rely on are projections.
@Metal-Brain saidNo we don't
Double of who? Biden's term is not over yet. You cannot say it is double his.
You have to wait until Biden's first term is over. Until then all we have to rely on are projections.
@Metal-Brain saidNo, still u haven't read the report so you cannot coherently critique it.
You are a shameless liar. Biden's term is not over yet.
@wildgrass saidBiden's term is not over yet.
No, still u haven't read the report so you cannot coherently critique it.
@Metal-Brain saidIt's ok, you lost this one. No need to get so defensive.
Biden's term is not over yet.