President Joe Biden - Kamala Harris Administration

#36,452
#36,452
Majors said:
Eliminate the debt in 8 years was the campaign. So your first line is misleading in that his term was 4 years with a "pandemic in an election year". So yes, he should own that spending in that it was his pen. But I'll side on that spending as a recovery under the circumstances of what was conveniently happening in the world. You can hold him to the fire on that one if you choose.
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He said easily eliminate. Are you trying to say he would have even slowed the debt clock in the following 4 years? Seems like he really made it harder by adding several trillion before going after it

If i choose? He signed off on the spending. He was cool with his buddy getting a half trillion with no tracking. Trump and his admin own it as did anyone calling themselves a conservative and still supporting him. You aren't making the same excuses for Biden
 
#36,454
#36,454
Majors said:
The left oligarch chose for those others to step aside.
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Fixed your post, since we don't have anyone on either side of the aisle that crosses, we obviously have one entity in charge that is pulling all the strings.
 
#36,455
#36,455
utvolpj said:
He said easily eliminate. Are you trying to say he would have even slowed the debt clock in the following 4 years? Seems like he really made it harder by adding several trillion before going after it

If i choose? He signed off on the spending. He was cool with his buddy getting a half trillion with no tracking. Trump and his admin own it as did anyone calling themselves a conservative and so supporting him. You aren't making the same excuses for Biden
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Just a few off the top that get attached to a President
Bush 1 said no new taxes
Clinton health care reform and eliminate debt by 2012
Bush 2 no child left behind
Obama keep your doctor
Trump eliminate debt in 8 years.

All didn't happen under campaign promises. So if I'm understanding your stance correctly, you were ok with him not signing the recovery act and leaving families/people/business to figure it out? All because of what he said with prior to a worldwide pandemic?
Just FYI- Biden said he would unify the country and eliminate the covid virus.
 
#36,456
#36,456
Majors said:
Just a few off the top that get attached to a President
Bush 1 said no new taxes
Clinton health care reform and eliminate debt by 2012
Bush 2 no child left behind
Obama keep your doctor
Trump eliminate debt in 8 years.

All didn't happen under campaign promises. So if I'm understanding your stance correctly, you were ok with him not signing the recovery act and leaving families/people/business to figure it out? All because of what he said with prior to a worldwide pandemic?
Just FYI- Biden said he would unify the country and eliminate the covid virus.
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easily wiping out $30T in debt is a tad bit different than no new taxes or a Dr. When did Clinton promise to eliminate the debt?

Yes I would have encouraged him to veto if he was serious about spending. It weeks have been overridden anyways. Or he could have at least called them out for the thieves they were being.
 
#36,457
#36,457
utvolpj said:
easily wiping out $30T in debt is a tad bit different than no new taxes or a Dr. When did Clinton promise to eliminate the debt?

Yes I would have encouraged him to veto if he was serious about spending. It weeks have been overridden anyways. Or he could have at least called them out for the thieves they were being.
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It was under 20T when he took office, yes the 7T pre pandemic was excessive. He promoted selling off 16T in government assets.

The Clinton/Gore Administration: Largest Surplus in History on Track A few lines down
 
#36,458
#36,458
utvolpj said:
easily wiping out $30T in debt is a tad bit different than no new taxes or a Dr. When did Clinton promise to eliminate the debt?

Yes I would have encouraged him to veto if he was serious about spending. It weeks have been overridden anyways. Or he could have at least called them out for the thieves they were being.
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Politicians make all sorts of dumb promises...

The main difference in Bush 43, Obama, Trump and the current idiot in charge is that they weren't dealing with 8.2% inflation. Or continuing to spend money like lunatics while doing so including stupidity like student loan forgiveness.

Ignoring inflation won't make it go away.
 
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#36,459
#36,459
Majors said:
It was under 20T when he took office, yes the 7T pre pandemic was excessive. He promoted selling off 16T in government assets.

The Clinton/Gore Administration: Largest Surplus in History on Track A few lines down
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That was based on the budgets and was closer to reality than Trump ever was. They actually had something to back it instead of just throwing out things the maga voters would believe since many of them couldn't even balance a checkbook. We'll just never know because we spent the next 2 decades spending trillions in a useless war pushed by the mic.
 
#36,460
#36,460
Grand Vol said:
Politicians make all sorts of dumb promises...

The main difference in Bush 43, Obama, Trump and the current idiot in charge is that they weren't dealing with 8.2% inflation. Or continuing to spend money like lunatics while doing so including stupidity like student loan forgiveness.

Ignoring inflation won't make it go away.
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Those you listed helped cause this inflation. Don't bitch about spending now if you haven't been bitching about it thru all those admins.
 
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#36,461
#36,461
utvolpj said:
That was based on the budgets and was closer to reality than Trump ever was. They actually had something to back it instead of just throwing out things the maga voters would believe since many of them couldn't even balance a checkbook. We'll just never know because we spent the next 2 decades spending trillions in a useless war pushed by the mic.
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Sure, useless 20 year war in the name of attacks on the World Trade Center. But also got hit with Clintons housing market crash in late 2000's that finally came to light. Which both were kicked into W and Obama. Neither would be part of the MAGA voter party that is tossed around but both increased spending continuation.
 
#36,462
#36,462
Majors said:
Sure, useless 20 year war in the name of attacks on the World Trade Center. But also got hit with Clintons housing market crash in late 2000's that finally came to light. Which both were kicked into W and Obama. Neither would be part of the MAGA voter party that is tossed around but both increased spending continuation.
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No one in Iraq attacked the wtc. Only a few from Afghanistan did either. We should have been out of just Afghanistan in early 2002

Are you really blaming Clinton for the housing crash a decade after he left office? This is happygovol level stuff
 
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#36,465
#36,465
utvolpj said:
No one in Iraq attacked the wtc. Only a few from Afghanistan did either. We should have been out of just Afghanistan in early 2002

Are you really blaming Clinton for the housing crash a decade after he left office? This is happygovol level stuff
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I said in “the name of WTC”. It gave reason for Bush to invade.

And yes I am blaming Clinton. He allowed for lenders to loosen up restrictions on getting loans over the amount a person could afford.
 
#36,466
#36,466
utvolpj said:
No one in Iraq attacked the wtc. Only a few from Afghanistan did either. We should have been out of just Afghanistan in early 2002

Are you really blaming Clinton for the housing crash a decade after he left office? This is happygovol level stuff
Click to expand...

Fannie/ Freddie cooked the **** out of the books to acquiesce to Clinton’s desire to put more minorities in homes. Google Franklin Raines and Jamie Gorelick. Mutual funds and banks sold these loans As investments. Clinton absolutely contributed to the housing crash. Your remark about being out of Afghanistan is completely correct. Actually we really should have never been there as Clinton had two shots to deal with Bin Laden. Technically 3 and he screwed all 3 of them up. Bush had 8 months after he took office and I don’t think anyone in his administration mentioned Bin Laden by name until the summer, even though there was an indictment for him in the SDNY.
 
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#36,467
#36,467
sonofUT62 said:
Fannie/ Freddie cooked the **** out of the books to acquiesce to Clinton’s desire to put more minorities in homes. Google Franklin Raines and Jamie Gorelick. Mutual funds and banks sold these loans As investments. Clinton absolutely contributed to the housing crash. Your remark about being out of Afghanistan is completely correct. Actually we really should have never been there as Clinton had two shots to deal with Bin Laden. Technically 3 and he screwed all 3 of them up. Bush had 8 months after he took office and I don’t think anyone in his administration mentioned Bin Laden by name until the summer, even though there was an indictment for him in the SDNY.
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So it took 10yrs for the faulty loans to come to fruition? That's ridiculous. If anyone was interested in changing it they could have.
 
#36,470
#36,470
utvolpj said:
So it took 10yrs for the faulty loans to come to fruition? That's ridiculous. If anyone was interested in changing it they could have.
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You do realize most of the spending comes to a head years after the ink is dry? Many have argued it was Regan's policies that allowed for Clinton to have a positive impact on the economy during his tenure.

25 People to Blame for the Financial Crisis - TIME quick and easy reference to let you know who the 25 players were.
 
#36,472
#36,472
utvolpj said:
So it took 10yrs for the faulty loans to come to fruition? That's ridiculous. If anyone was interested in changing it they could have.
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Doing what? The contracts were signed. The people were happy living in their houses until their adjustable rates went through the roof and they got foreclosed on. The investment firms were happy to keep raking in the profits. Even when it went South the taxpayers bailed them out. Much like the events of 9/11 no one got too worked up about it until it was too late. All of the so called banking reforms came about after the wolves got fed and the sheep got slaughtered.
 
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#36,473
#36,473
Grand Vol said:
They're all idiots to an extent...

But even you can admit with the inflation rate, what Biden is doing is stupid.
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Since Clinton they’ve all been stupid. He was the last one that attempted to pretend to practice any fiscal responsibility. He did wreck the housing market but that was probably inadvertently. What the guy after him did was no accident.
 
#36,474
#36,474
sonofUT62 said:
Doing what? The contracts were signed. The people were happy living in their houses until their adjustable rates went through the roof and they got foreclosed on. The investment firms were happy to keep raking in the profits. Even when it went South the taxpayers bailed them out. Much like the events of 9/11 no one got too worked up about it until it was too late. All of the so called banking reforms came about after the wolves got fed and the sheep got slaughtered.
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How soon many forget about those ARM rates.
 
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