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Is this serious? It's because the country went through the great recession and was attempting to pull out and avoid financial collapse. Look at Revenue per ye
by BoiledCabbage 12d ago
Is this serious?
It's because the country went through the great recession and was attempting to pull out and avoid financial collapse.
Look at Revenue per year as a % of GDP and look at Expenses per year as a % of GDP. It's pretty clear.
Expenses went up avoiding a depression which was done successfully, and revenue dropped due to the falling economy. The president was handed a collapsing economy and saved it.
The issue is the other party that keeps getting handed great economies since the late 90s and fails to do anything but make the problem worse.
- Frieren 12d agoTo some extend I hope that the Republican party wins the next election. They should be the ones fixing the economy, raising taxes, and doing something responsible for once. If Democrats win they are going to be blamed for being the "bad guys" for increasing taxes, controlling inflation and trying to get the economy back to shape. For Republicans to burn down the economy during their mandates has paid of as the next government needs to focus on firefighting instead of doing the good that it could have been done.
- rayiner 12d ago> To some extend I hope that the Republican party wins the next election. They should be the ones fixing the economy, raising taxes, and doing something responsible for once. The last small-government Republican was Herbert Hoover. Reagan paid lip service to the concept, but he maintained high spending levels to keep former FDR democrats in the fold.
- stdatomic 12d agoThey'll just say economy was doomed because of Biden anyway, and that it's not their fault.
- masklinn 12d ago> To some extend I hope that the Republican party wins the next election. They should be the ones fixing the economy, raising taxes, and doing something responsible for once. Why would you ever think they’d be interested in doing any of that? A non-insignificant fraction of the gop wants to collapse the US entirely.
- immibis2 11d agoAnd then nobody will vote for them ever again, and it'll be a utopia after the rebuild. Playing the long game.
- cindyllm 11d ago[dead]
- dctoedt 11d ago> And then nobody will vote for them ever again, and it'll be a utopia after the rebuild. Playing the long game. (Sarcasm noted.) There was a bitter joke about Islamist takeovers by elections after the Arab Spring: "One man [literally], one vote, one time."
- masklinn 11d agoTrump floated that trial balloon a few months back, though currently the administration is proceeding with the much more American plan of widespread voter suppression, intimidation, and bribery, if in the most ham-fisted and unconstitutional way possible.
- TheCoelacanth 11d agoGenuine question: I think making things worse to motivate later making them better is a relatively common idea. Are there any historical examples of it actually working well? To me, it seems more likely to concentrate power among people who don't want to make things better and make it easier for them to resist ever changing.
- mindslight 11d agoThe Republican plan appears to be to run the de jure government into the ground so that the corporations can occupy more and more governmental roles, eliminating what little shreds still remain of our Constitutional/natural rights. So no, I wouldn't assume that there will be some clean collapse, nor that said collapse will leave a power vacuum in which a democratic government could be rebuilt.
- rayiner 11d agoThe current GOP plan is “if you can’t best them, join them.” So it’ll be a game of both sides buying votes from their constituencies until we need an Argentina-like reset.
- mindslight 11d agoYou really do seem to love this type of "Democrats made them do it" excuse. At a certain point you've got to ask yourself if you're trying to convince others or mainly just yourself.
- rayiner 10d agoThrowing money at recent immigrants in return for votes was a pillar of the FDR coalition and it’s a core pillar of the Obama coalition. It’s simply inevitable as the culture of the United States converges to be similar to those of the other countries in the hemisphere. There is no constituency for fiscal responsibility in any of these countries.
- mindslight 10d agoYour game here seems to be throwing out simplistic partisan tripe, to either prompt an equally-inflammatory opposite-partisan response that will leave you feeling vindicated, or you can always fall back to arguing the shreds of truth in it while continuing to ignore the big picture. I would ask you to "do better", but the whole problem is that once you've bought into the contradictions of destructionism, there is no doing better without coming to terms with what you're actually advocating. Talking about an "an Argentina-like reset" you're closer than most, but I suspect that's due to a better ability for rationalization. In other conversations of ours, you've gone on about the need to preserve American culture in the face of immigration. So once again I will implore you personally, to do your part by working to adopt our culture rather than proudly championing the exact zero-sum politics you're bemoaning (regardless of having changed the color of the partisan flag you're waving). A core tenet of American culture is personal responsibility (for better and for worse), and so these types of choices right here are where the rubber meets the road.
- rayiner 12d ago[dead]
- jsisto 12d agoYes bailing out the banks was great for the common man. This is sarcasm
- jmye 12d ago[dead]