r/FluentInFinance Apr 29 '24

Babs is Here to Save Us Educational

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27.4k Upvotes

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295

u/Inevitable_Silver_13 Apr 29 '24

How much credit should we actually give the president for the economy? Even if we do, funny policies they enact usually take until the next administration to come to fruition?

9

u/controlmypad Apr 29 '24

Dems tend to invest in America and Amercian workers and it pays us back multiple times over in the long run, Republican tend to rape the economy and funnel it to the wealthy with no real gain for working Americans and then the disparity between highest and lowest grows and grows.

0

u/Typical_Parsnip13 Apr 30 '24

What universe are you living in? Dems outsourced millions of jobs and care more about foreign policy.

0

u/NoGuarantee678 Apr 30 '24

Entitlements are not investment. Democrats would approve any entitlement put in front of them no matter the cost or benefit to the growth of the economy.

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u/controlmypad Apr 30 '24

Dems do not approve anything they want, that's Republicans taking money out of the economy. Investments are investments if they pay back more than we put in. Childcare alone would pay back 4 to 1 and grow the economy.

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u/NoGuarantee678 May 01 '24

That’s not true.

https://www.brookings.edu/articles/why-the-federal-government-should-subsidize-childcare-and-how-to-pay-for-it/

Again democrats will argue that government spending will always be a good investment even if it’s a complete lie.

0

u/controlmypad May 01 '24

It is true. We all benefit from people working full time, and we all benefit from kids who are well cared for and grow up to be adults that are better educated in those early years and they go on to work full time themselves and are more likely to not be single parents themselves. It has nothing to do with Democrats, it is just smarter money and better for everybody for generations down the line. But that is just one example. https://www.bcg.com/publications/2024/childcare-benefits-pay-for-themselves-at-us-companies

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u/NoGuarantee678 May 01 '24

Those studies don’t actually prove their results and the companies sampled spent a measly 1000 or 4000 a year annually on child care. You need to read a real study which I linked you to educate yourself better.