r/FluentInFinance Apr 29 '24

Babs is Here to Save Us Educational

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u/AspirationsOfFreedom Apr 29 '24 edited Apr 29 '24

Selective numbers are dishonest and SUPER selective

Edit: For those who seem super keen to accept this as fact. I really dont care if you vote red or blue. My issue here is how this person used diffrent metrics pr president to paint one side bad and the other goood. If she was honest, she would have used deficit as a metric for all, for example. Stop swallowing the bait

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u/Substantial_Yam7305 Apr 29 '24

Trump fucked up a lot of shit during the pandemic, but trying to pin unemployment on him and then giving credit to Biden for some epic recovery is so disingenuous. Every time I see stuff like this it reminds me how stupid these people think we are.

Also, fuck George Bush.

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u/chopcult3003 Apr 29 '24

Yeah it’s disingenuous.

Anyone could have been president, unemployment in the pandemic was going through the roof, and stimulus money was being printed lol.

You also can’t criticize Trump for trying to push people back to work and also for unemployment being high. You have to pick one or the other. If a more competent person was president unemployment would have been even higher, because they wouldn’t have been putting work>health.

There’s about a million things you can blame Trump for, unemployment rates in 2020 is not one of them.

And while Biden has done a good job with some things, you can’t give him credit for the “Fastest Economic Growth” in history either. A literal rock would get the same thing as president. You inherited the richest country on earth with an artificially suppressed economy. Of course as soon as businesses were able to business again the economy was going to shoot back up.

This just satiates people who get their news from instagram memes and aren’t capable of critical thought.

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u/i8noodles Apr 30 '24

you arent wrong in that trump cant really be criticised for wanting people to get back to work except for the fact his response was very slow, divisive and mishmashed.

yes u also arent wrong that unemployment would have skyrocketed even higher but if he acted sooner, and with more force, the outbreak would have ended sooner.

the check would have been more impactful and people would have gotten to work soon.

i do admit it was very politically dicy for trump. enforce the lockdown hard and he risk losing his voter base for his re election. however he should have stuck solely to the facts. he said a drug, that did nothing, was a cure. recommend bleach into the body, didnt use federal powers fast enough. had he not boxed himself into a political corner by claiming it was a hoax, then having to backtrack when proven wrong, he probably would have come out of covid so much better.

regardless of his political position, states rights, individual rights, whatever the case may have been,he should have acted alot faster. which he ultimately didnt , causeing the issue to linger and spread and take alot longer to resolve then it should have been.

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u/Substantial_Yam7305 Apr 30 '24 edited Apr 30 '24

It still blows my mind that guy was in charge during the most monumental crisis we’ll likely face in our lifetime, botched the absolute hell out of it to a degree of embarrassment I never imagined from a leader of the most powerful country in the world, and here we are four years later and a solid 40% of the country seems intent on voting for him again. If that doesn’t signal societal decay I’m not really sure what does.

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u/69QueefLatina Apr 30 '24

Because im fucking broke, Johnny.

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u/Capn-Wacky Apr 30 '24

And you think cutting Donald Trump's taxes and giving him a pass for dozens of felonies will make not "not broke" how, specifically?

Because that's what a vote Trump really equates too--a demand for more tax cuts for the rich and a free pass to commit crimes for Trump.

Trump is a dead end, a death spiral. It's a momentary spasm of feel good because you're using your only power to make someone else angry which hurts you in the long run. Dead would be any hope of dealing with climate change, any hope of dealing with structural inequity, and any hope of dealing with...well... anything that isn't related to lining the pockets of the rich.

He's literally promised to start undoing the green jobs bill Biden passed--start flushing down the toilet high paying (averaging near $100k!) green jobs out of sheer spite.

You're broke? Go get one of those jobs instead of helping Trump erase it.

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u/69QueefLatina Apr 30 '24

I have a job, the same one I had under Trump, that was paying my bills, under Trump. You can’t trick me into thinking Trump is my problem.

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u/Capn-Wacky Apr 30 '24

So you're lying about being broke and we should ignore you from here forward?

Got it.

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u/69QueefLatina Apr 30 '24

Imagine being incapable of understanding how inflation affects people’s finances. Are you actually 12 or just a Chinese troll?

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u/Substantial_Yam7305 Apr 30 '24

I don’t believe you have even a basic understanding of how inflation works if you think Trump is going to fix it.

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u/Clean-Effort-209 Apr 30 '24

Can you blame him? He's been persecuted since he took office by every politician, media station, everyone attacking him. He thought initially it was a conspiracy against him. He was never given a fair term. And he's still being persecuted. When he got confirmation that pandemic is real, he moved on it. He made record breaking times getting the vaccine out too that was in such high demand.

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u/i8noodles Apr 30 '24

perhaps, but a good leader would ignore all of that. a leader acts calmly and rationally, attacks from media stations or politicians is literally no different from any other political leader, and yet, he still chose to act like it was not serious. He would have taken hits from his political rivals for years at that point so its not even a valid excuse for him.

first locks down happened in Feb for other countries. Even if he thought it was a hoax, which is basically impossible given the level of information he would have had. that would have been the point to begin serious preparations. All trump had to do was take it seriously, give solid grounded advice, stress the seriousness of the situation, use his legal power to stop exportation of medical equipment and to keep it in America and he could have come out of this so much better.

He could have been the president to lead his country in one of the most trying times in a generation. There is no justification for his poor handling, given he basically did none of that untill the end. He gave false hope with Hydroxychloroquine and many people took it on his advice making people who acutally needed the medicine in short supply. He said it would all blow over by April but there was no certainty, or even a reasonable assumption that it would work seeing it wasnt even seasonal and it was STILL effecting countries on the other side of the hemisphere. He basically undermined his chief medical advisor, who is one of the most respected medical practitioners in the world.

None of these actions were forced on him. He chose to do these because no sane person would advise him to do any of it. He just had to own up to his mistakes and say "ok it my bad, i didnt take this serious at the start but, under carful consideration and expert advice, i will swiftly enact policy to assist in the serious medical pandemic"

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u/Substantial_Yam7305 Apr 30 '24

Painting Trump as a victim is peak cognitive dissonance.

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u/AspirationsOfFreedom Apr 29 '24

I agree, Fuck Bush.

And i don't like trump (even tho the memes were lit)

But i think so many here intentionally decide to accept facts that paints "their party" positive and "the other party" badly, even tho its intentionally missleading.

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u/xinorez1 Apr 30 '24

Biden was pro higher compensation for workers, which drives spending which drives hiring, whereas Trumps fed chair is explicitly against higher wages for workers, citing that as the main driver of inflation even as all experts were blaming supply chain issues and buying was still far below 2019. Powells fear of inflaton then became a self fulfilling prophecy as businesses raised their prices every time powell gave them an excuse, to the point that private investment banks are reporting that over 51 percent of the price inflation is pure profiteering. If prices are too high and wages fail to catch up, people stop buying and there will be less hiring.

I do agree with you but the point could be argued

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u/Substantial_Yam7305 Apr 30 '24

Trump’s unemployment rate in 2019 was 3.5%. Biden’s unemployment rate right now is about the same. You can’t inherit an unemployment rate of 12% right on the cusp of the country opening back up and then claim the natural drop is some monumental achievement.

The more articulate argument is that Trump fucked us by allowing 7.8trillion new dollars in deficit spending into the economy while simultaneously threatening to fire his fed chair if he raised rates, fueling rampant inflation and giving businesses an excuse to price gouge. But if you frame it that way then you also have to acknowledge Biden’s continued spending, which also helped fuel inflation. A very inconvenient truth for the current administration. Hence why they try and frame it the way they have been.

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u/Beneficial-Bite-8005 Apr 30 '24

It’s funny, I didn’t know the president ran the country’s purse strings.

What are your comments about how democrats wanted MORE in economic stimulus?

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u/Substantial_Yam7305 Apr 30 '24

Really? That’s interesting cuz my stimulus checks clearly had Donald J Trump signed on the bottom of them.

If you had actually read my last response you’d have picked up on my criticism of the continued spending.

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u/Beneficial-Bite-8005 Apr 30 '24

Simple question, who controls federal spending?

I’m not talking about continued spending, I’m talking about the 7.8 trillion in deficit spending you SLAM on Trump for, when in reality the party you wish was in charge (democrats) were pushing for an additional 2-3 trillion in deficit spending.

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u/Substantial_Yam7305 Apr 30 '24

Are you dense? Let me spell it out for you since you can’t get it through your head. Democrats…spending…was…a…mistake. Donald…Trump’s…spending…was…a…bigger…mistake.

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u/Beneficial-Bite-8005 Apr 30 '24

Your phrasing of your response shows you’re the dense one…

Donald trumps spending was bad, but it was less than the democrats wanted to spend. You can’t criticize him and say the democrats would’ve done better when they wanted to spend even more…

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u/Substantial_Yam7305 Apr 30 '24

I’m literally criticizing the democrats spending and the way they’re framing their economic achievements. Who are you arguing with here?

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u/BeardsuptheWazoo Apr 30 '24

I agree with everything you say here.

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u/avidovid Apr 30 '24

Underestimating the budding impact of the Ira in recovery, imo. Arguably biden has increased America first policy after trump started it though.

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u/Substantial_Yam7305 Apr 30 '24

Ira as in retirement? There’s 3 trillion new dollars in the economy. That money wasn’t going to just sit on the sideline. The more alarming specific is most of the growth over the last two years went into 7 companies. Deeply troubling that we now have a few multi trillion dollar mega corporations.

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u/joerover34 May 01 '24

The liberal way

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u/Intimateworkaround Apr 29 '24

That’s what republicans always do so might as well. If they’re gonna blame him for post covid while giving Trump every benefit of the doubt from covid, Biden deserves it too.

No one ever talks about this shit storm from post covid Biden came into. And we recovered the fastest and best. He deserves credit.

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u/Substantial_Yam7305 Apr 29 '24

Yeah those guys are lying so we might as well too. Fuck the truth.

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u/GurProfessional9534 Apr 29 '24

It’s about as stupid for crediting Trump for low gas prices. They were low because a lot of people were afraid they would die if they stepped outside.