The Trump Effect

#351
#351
jmacvols1 said:
it has been shown prices are not going up in any meaningful way.....exporters are taking the hit by taking less profits hence importers>consumers not seeing large price increases....the left's wet dream of skyhigh prices, collapsing economy and failing America has not materialized...



Click to expand...

It's still just a hidden tax that we all pay. It's weird for so many Republicans to celebrate it. Taxes ok when not done by the IRS maybe? Trump's found a way not to repeat Bush's "no new taxes" fiasco..
 
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#353
#353
FLVOL_79 said:
It's still just a hidden tax that we all pay. It's weird for so many Republicans to celebrate it. Taxes ok when not done by the IRS maybe? Trump's found a way not to repeat Bush's "no new taxes" fiasco..
Click to expand...
the inflation numbers show very little is getting passed on to the consumer......evidently the left wants to go back to Biden's 9% inflation and failed policies....Trump has done a good job cleaning up Biden's mess so fast but still a ways to go.....interest rates are much bigger problem than inflation right now in cost to people/businesses....

 
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#354
#354
Dude. Bidens "mess" was from Covid and exasperated by how Trump and others handled it. Biden didnt do sh!t, which was part of the problem. I see the numbers being thrown around by Trump fans but almost no one can actually articulate real world examples of any benefit. Like what has Trump done and how is your life better? You cant say deportations or Kamala not being president. For me personally, nothing. Gas might be a few cents cheaper but it has nothing to do with him. The uncertainty he is causing is the problem. Economies work better with certainty. Science.
 
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#355
#355
FLVOL_79 said:
Dude. Bidens "mess" was from Covid and exasperated by how Trump and others handled it. Biden didnt do sh!t, which was part of the problem. I see the numbers being thrown around by Trump fans but almost no one can actually articulate real world examples of any benefit. Like what has Trump done and how is your life better? You cant say deportations or Kamala not being president. For me personally, nothing. Gas might be a few cents cheaper but it has nothing to do with him. The uncertainty he is causing is the problem. Economies work better with certainty. Science.
Click to expand...
you try to revise history and forget about all the trillion dollars Biden wasted on programs like his inflation reduction act which had nothing to do with inflation but went towards climate scam. The legislative acts listed below does no include hundreds billions more in waster money....all this spending and printing created 9% inflation. Below are just the legislative acts over one trillion

GROK:
The Biden administration passed several major legislative packages with costs exceeding or approaching $1 trillion, aimed at economic recovery, infrastructure, climate initiatives, and social programs. Below is a summary of the key trillion-dollar programs, based on available information:

  1. American Rescue Plan Act (2021) - $1.9 trillion
    • Purpose: Provided economic relief during the COVID-19 pandemic.
    • Key Provisions: Included direct payments to Americans ($1,400 per adult for eligible households), extended unemployment benefits, increased Child Tax Credits, and subsidies for COVID-19 testing and vaccination programs.
    • Impact: Added approximately $1.9 trillion to the national debt by 2031, per Congressional Budget Office (CBO) estimates. Critics argued it contributed to inflation, while supporters noted it aided economic recovery.
  2. Infrastructure Investment and Jobs Act (2021) - $1.2 trillion
    • Purpose: Invested in physical infrastructure like roads, bridges, railroads, ports, broadband, and water systems.
    • Key Provisions: Allocated funds for upgrading transportation networks, expanding internet access, and improving water infrastructure. Estimated to cost $375 billion over 10 years in direct spending, with total authorizations reaching $1.2 trillion.
    • Impact: Described as a bipartisan effort to modernize infrastructure, with long-term economic benefits projected, though only a fraction of funds had been spent by 2024.
  3. Build Back Better Act (2021, scaled down) - ~$1.85 trillion
    • Purpose: Aimed to fund social programs, education, healthcare, and climate initiatives.
    • Key Provisions: Included paid family and medical leave, expanded Medicare, and climate-related investments. Originally proposed at $3.5 trillion, it was reduced to $1.85 trillion after negotiations. The bill passed the House but faced challenges in the Senate and was not fully enacted as initially proposed.
    • Impact: The CBO estimated it would add $367 billion to the deficit by 2031. Combined with the Infrastructure Investment and Jobs Act, these bills represented roughly $3 trillion in investments.
  4. Inflation Reduction Act (2022) - ~$1 trillion in investments catalyzed
    • Purpose: Focused on climate change, clean energy, and healthcare, with tax credits and spending to reduce carbon emissions and lower drug prices.
    • Key Provisions: Included $240 billion in deficit reduction through tax increases and prescription drug savings, but also spurred over $1 trillion in private-sector investments in clean energy, semiconductors, and manufacturing. The Greenhouse Gas Reduction Fund alone allocated $27 billion for clean energy projects.
    • Impact: While the act itself was scored as reducing deficits, it catalyzed significant private investment, with $446 billion for semiconductors, $182 billion for electric vehicles, and $188 billion for clean power by 2024. Critics noted slow implementation of some programs.

  5. Omnibus Spending Bill (2022) - $1.7 trillion
    • Purpose: Funded government operations through September 2023, with additional aid for Ukraine and disaster relief.
    • Key Provisions: Increased domestic spending by 6% ($772.5 billion) and defense spending by 10% ($858 billion). Included $15.3 billion for earmarked community projects and $55 billion in Ukraine aid through supplemental appropriations.
    • Impact: Ensured government continuity but faced criticism from some Republicans for excessive spending


More wasteful spending after Trump won the election:



GROK:

Key Spending Actions Post-Election (November 5, 2024 – January 20, 2025):
  1. American Relief Act and Social Security Fairness Act:
    • In his final weeks in office, Biden signed these two pieces of legislation, which together added an estimated $380 billion to the ten-year debt, according to CRFB estimates.
    • American Relief Act: This likely included emergency or supplemental funding, though specific details on its components are not fully outlined in the sources. It may have addressed ongoing economic or disaster relief needs.
    • Social Security Fairness Act: This act eliminated penalties for certain Social Security recipients (e.g., those with public pensions), increasing federal outlays. The exact cost breakdown between the two is not specified, but the combined impact was significant.
  2. Executive Actions:
    • Biden’s executive actions during his term, including those in the lame-duck period, contributed to the overall debt. However, no specific new executive actions post-election are detailed in the sources with precise costs. Earlier actions, like the student loan repayment pause ($165 billion) and the SAVE plan ($260 billion), were implemented before the election, but their ongoing costs may have continued to accrue.
    • A vehicle emissions rule, estimated to cost $170 billion over ten years by increasing electric vehicle tax credit uptake, was finalized earlier but could have had residual budgetary effects during this period.
  3. Appropriations and Supplemental Spending:
    • Biden signed appropriations bills for Fiscal Year (FY) 2025, which included spending levels that deviated from the caps set by the Fiscal Responsibility Act (FRA) of 2023. These bills, combined with supplemental appropriations, added to the debt, but exact post-election figures are not isolated in the sources. For context, FY 2022–2024 appropriations bills added $1.6 trillion to the ten-year debt, and some FY 2025 spending likely continued this trend.
    • Supplemental funding requests for Ukraine, Israel, Gaza, and disaster relief were under consideration before the election, but no specific post-election enactment is confirmed in the provided data.
Total Estimated Spending:
  • The CRFB estimates that Biden approved $4.7 trillion in new ten-year debt through his entire term (January 2021 – January 2025), with $380 billion explicitly attributed to the American Relief Act and Social Security Fairness Act signed in his final weeks post-election.

  • Excluding the American Rescue Plan ($2.1 trillion), Biden’s non-COVID-related actions totaled $2.6 trillion in net new ten-year debt, with a portion of this occurring post-election. However, precise spending after November 5, 2024, is not fully disaggregated beyond the $380 billion noted.
  • The national debt grew from $27.6 trillion in January 2021 to $36.2 trillion by May 2025, a $8.6 trillion increase under Biden. Not all of this is directly attributable to his post-election actions, as much of the debt stems from pre-existing mandatory spending (e.g., Social Security, Medicare) and interest costs ($4.8 trillion over ten years due to inflation-induced rate hikes).
Limitations and Context:
  • Data Gaps: The sources do not provide a complete breakdown of daily or monthly spending post-election, making it difficult to pinpoint exact figures beyond the $380 billion for the two named acts. Federal spending includes mandatory programs (e.g., Social Security, Medicare, Medicaid), which account for nearly two-thirds of outlays and continue automatically, not directly tied to Biden’s post-election decisions.


  • Inflation and Interest Costs: The CRFB notes that inflation-driven interest rate hikes increased net interest costs by $4.8 trillion over ten years, a significant factor during Biden’s term but not specific to post-election actions.


  • Lame-Duck Constraints: Post-election, Biden’s ability to initiate new spending was limited by the transition period and Republican control of Congress, which likely curtailed major new initiatives beyond the noted legislation.
Critical Perspective:
While the $380 billion from the American Relief Act and Social Security Fairness Act is a concrete figure, critics argue Biden’s broader spending, including pre-election executive actions, contributed to unsustainable deficits and inflation. Supporters contend that post-election spending addressed urgent needs (e.g., Social Security fairness, disaster relief) and that much of the debt increase stems from bipartisan or mandatory spending, not unilateral actions. The lack of granular post-election data limits precision, and some sources (e.g., Heritage Foundation) claim Biden’s executive spending was excessive, though they don’t isolate post-election actions.


Final Answer:
Biden approved approximately $380 billion in new ten-year debt through legislation (American Relief Act and Social Security Fairness Act) after Harris’s election loss to Trump on November 5, 2024. Additional post-election spending from appropriations or ongoing executive actions is likely but not precisely quantified in available data. The total debt increase during Biden’s term was $8.6 trillion, but most of this predates the election and includes mandatory spending and interest costs

============================

The Biden administration allocated $7.5 billion through the 2021 Infrastructure Investment and Jobs Act (Bipartisan Infrastructure Law) to build a national network of electric vehicle (EV) charging stations, with a goal of 500,000 chargers by 2030.

not including stealing an election, dementia, allowing violent criminals into the country murdering American.
 
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#358
#358
jmacvols1 said:
you try to revise history and forget about all the trillion dollars Biden wasted on programs like his inflation reduction act which had nothing to do with inflation but went towards climate scam. The legislative acts listed below does no include hundreds billions more in waster money....all this spending and printing created 9% inflation. Below are just the legislative acts over one trillion

GROK:
The Biden administration passed several major legislative packages with costs exceeding or approaching $1 trillion, aimed at economic recovery, infrastructure, climate initiatives, and social programs. Below is a summary of the key trillion-dollar programs, based on available information:

  1. American Rescue Plan Act (2021) - $1.9 trillion
    • Purpose: Provided economic relief during the COVID-19 pandemic.
    • Key Provisions: Included direct payments to Americans ($1,400 per adult for eligible households), extended unemployment benefits, increased Child Tax Credits, and subsidies for COVID-19 testing and vaccination programs.
    • Impact: Added approximately $1.9 trillion to the national debt by 2031, per Congressional Budget Office (CBO) estimates. Critics argued it contributed to inflation, while supporters noted it aided economic recovery.
  2. Infrastructure Investment and Jobs Act (2021) - $1.2 trillion
    • Purpose: Invested in physical infrastructure like roads, bridges, railroads, ports, broadband, and water systems.
    • Key Provisions: Allocated funds for upgrading transportation networks, expanding internet access, and improving water infrastructure. Estimated to cost $375 billion over 10 years in direct spending, with total authorizations reaching $1.2 trillion.
    • Impact: Described as a bipartisan effort to modernize infrastructure, with long-term economic benefits projected, though only a fraction of funds had been spent by 2024.
  3. Build Back Better Act (2021, scaled down) - ~$1.85 trillion
    • Purpose: Aimed to fund social programs, education, healthcare, and climate initiatives.
    • Key Provisions: Included paid family and medical leave, expanded Medicare, and climate-related investments. Originally proposed at $3.5 trillion, it was reduced to $1.85 trillion after negotiations. The bill passed the House but faced challenges in the Senate and was not fully enacted as initially proposed.
    • Impact: The CBO estimated it would add $367 billion to the deficit by 2031. Combined with the Infrastructure Investment and Jobs Act, these bills represented roughly $3 trillion in investments.
  4. Inflation Reduction Act (2022) - ~$1 trillion in investments catalyzed
    • Purpose: Focused on climate change, clean energy, and healthcare, with tax credits and spending to reduce carbon emissions and lower drug prices.
    • Key Provisions: Included $240 billion in deficit reduction through tax increases and prescription drug savings, but also spurred over $1 trillion in private-sector investments in clean energy, semiconductors, and manufacturing. The Greenhouse Gas Reduction Fund alone allocated $27 billion for clean energy projects.
    • Impact: While the act itself was scored as reducing deficits, it catalyzed significant private investment, with $446 billion for semiconductors, $182 billion for electric vehicles, and $188 billion for clean power by 2024. Critics noted slow implementation of some programs.
  5. Omnibus Spending Bill (2022) - $1.7 trillion
    • Purpose: Funded government operations through September 2023, with additional aid for Ukraine and disaster relief.
    • Key Provisions: Increased domestic spending by 6% ($772.5 billion) and defense spending by 10% ($858 billion). Included $15.3 billion for earmarked community projects and $55 billion in Ukraine aid through supplemental appropriations.
    • Impact: Ensured government continuity but faced criticism from some Republicans for excessive spending


More wasteful spending after Trump won the election:



GROK:

Key Spending Actions Post-Election (November 5, 2024 – January 20, 2025):
  1. American Relief Act and Social Security Fairness Act:
    • In his final weeks in office, Biden signed these two pieces of legislation, which together added an estimated $380 billion to the ten-year debt, according to CRFB estimates.
    • American Relief Act: This likely included emergency or supplemental funding, though specific details on its components are not fully outlined in the sources. It may have addressed ongoing economic or disaster relief needs.
    • Social Security Fairness Act: This act eliminated penalties for certain Social Security recipients (e.g., those with public pensions), increasing federal outlays. The exact cost breakdown between the two is not specified, but the combined impact was significant.
  2. Executive Actions:
    • Biden’s executive actions during his term, including those in the lame-duck period, contributed to the overall debt. However, no specific new executive actions post-election are detailed in the sources with precise costs. Earlier actions, like the student loan repayment pause ($165 billion) and the SAVE plan ($260 billion), were implemented before the election, but their ongoing costs may have continued to accrue.
    • A vehicle emissions rule, estimated to cost $170 billion over ten years by increasing electric vehicle tax credit uptake, was finalized earlier but could have had residual budgetary effects during this period.
  3. Appropriations and Supplemental Spending:
    • Biden signed appropriations bills for Fiscal Year (FY) 2025, which included spending levels that deviated from the caps set by the Fiscal Responsibility Act (FRA) of 2023. These bills, combined with supplemental appropriations, added to the debt, but exact post-election figures are not isolated in the sources. For context, FY 2022–2024 appropriations bills added $1.6 trillion to the ten-year debt, and some FY 2025 spending likely continued this trend.
    • Supplemental funding requests for Ukraine, Israel, Gaza, and disaster relief were under consideration before the election, but no specific post-election enactment is confirmed in the provided data.
Total Estimated Spending:
  • The CRFB estimates that Biden approved $4.7 trillion in new ten-year debt through his entire term (January 2021 – January 2025), with $380 billion explicitly attributed to the American Relief Act and Social Security Fairness Act signed in his final weeks post-election.

  • Excluding the American Rescue Plan ($2.1 trillion), Biden’s non-COVID-related actions totaled $2.6 trillion in net new ten-year debt, with a portion of this occurring post-election. However, precise spending after November 5, 2024, is not fully disaggregated beyond the $380 billion noted.
  • The national debt grew from $27.6 trillion in January 2021 to $36.2 trillion by May 2025, a $8.6 trillion increase under Biden. Not all of this is directly attributable to his post-election actions, as much of the debt stems from pre-existing mandatory spending (e.g., Social Security, Medicare) and interest costs ($4.8 trillion over ten years due to inflation-induced rate hikes).
Limitations and Context:
  • Data Gaps: The sources do not provide a complete breakdown of daily or monthly spending post-election, making it difficult to pinpoint exact figures beyond the $380 billion for the two named acts. Federal spending includes mandatory programs (e.g., Social Security, Medicare, Medicaid), which account for nearly two-thirds of outlays and continue automatically, not directly tied to Biden’s post-election decisions.


  • Inflation and Interest Costs: The CRFB notes that inflation-driven interest rate hikes increased net interest costs by $4.8 trillion over ten years, a significant factor during Biden’s term but not specific to post-election actions.


  • Lame-Duck Constraints: Post-election, Biden’s ability to initiate new spending was limited by the transition period and Republican control of Congress, which likely curtailed major new initiatives beyond the noted legislation.
Critical Perspective:
While the $380 billion from the American Relief Act and Social Security Fairness Act is a concrete figure, critics argue Biden’s broader spending, including pre-election executive actions, contributed to unsustainable deficits and inflation. Supporters contend that post-election spending addressed urgent needs (e.g., Social Security fairness, disaster relief) and that much of the debt increase stems from bipartisan or mandatory spending, not unilateral actions. The lack of granular post-election data limits precision, and some sources (e.g., Heritage Foundation) claim Biden’s executive spending was excessive, though they don’t isolate post-election actions.


Final Answer:
Biden approved approximately $380 billion in new ten-year debt through legislation (American Relief Act and Social Security Fairness Act) after Harris’s election loss to Trump on November 5, 2024. Additional post-election spending from appropriations or ongoing executive actions is likely but not precisely quantified in available data. The total debt increase during Biden’s term was $8.6 trillion, but most of this predates the election and includes mandatory spending and interest costs

============================

The Biden administration allocated $7.5 billion through the 2021 Infrastructure Investment and Jobs Act (Bipartisan Infrastructure Law) to build a national network of electric vehicle (EV) charging stations, with a goal of 500,000 chargers by 2030.

not including stealing an election, dementia, allowing violent criminals into the country murdering American.
Click to expand...
All of this and you literally didnt even read the few few sentences that I wrote: Biden didnt do sh!t, which was part of the problem

Whatever the opposite of TDS is, you got it. TWS? Trump Worship Syndrome?
 
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#359
#359
FLVOL_79 said:
All of this and you literally didnt even read the few few sentences that I wrote: Biden didnt do sh!t, which was part of the problem

Whatever the opposite of TDS is, you got it. TWS? Trump Worship Syndrome?
Click to expand...
Is he a Tuck?
 
#369
#369
Orangeburst said:
I kinda feel sorry for auto mfg as they cant long term plan with EV mandates, tariffs, etc..

Then I realize they make ****** overpriced planned obsolescent vehicles these days and dont feel so bad.
Click to expand...
Just let me buy a Chinese car and be done with it. America is scared of having to face the free market.
 
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