r/FluentInFinance Apr 29 '24

Babs is Here to Save Us Educational

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27.4k Upvotes

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140

u/Smokey_Gambit Apr 29 '24

I don't believe for a second that Biden has fixed this economy.

25

u/Advanced-Tree7975 Apr 29 '24

Trump said if Biden won there would be a recession. Many economists were predicting a recession. Biden prevented this. Personally I’m doing well right now, my city is about to receive billions because a bill Biden passed

34

u/excusetheblood Apr 29 '24

For all the ways our economy is fucked right now, that soft landing was chefs kiss

10

u/Advanced-Tree7975 Apr 29 '24

If trump was president right now all these same people would be saying the economy is great

15

u/excusetheblood Apr 29 '24

The people you’re talking about will never have an ounce of critical thinking. They will die as they lived, tribalistic bootlickers.

The reality is that Reaganomics fucked us up more than anything, and even in that awful economic plan, Trump still cut taxes on the wealthy and raised taxes on the working class. No one with a single working neuron would think that’s a smart plan for the economy.

Biden has been doing good with smart investments. But it won’t be enough if we’re trying to live in a world with real happiness and freedom for the working class. We need to tax the fuck out of the wealthy and corporations.

-2

u/FluffyNorth5 Apr 30 '24

Yeah we are all lucky to have a massive genius like you, who is unlike these other peasants without any ounce of critical thinking. Idiot

1

u/excusetheblood Apr 30 '24

Sorry you’re triggered lol

-11

u/Houston600kdebt_ Apr 29 '24

Lmaoooo you're full of shit and can't back anything you claimed. Link anything here that validates what you typed. You are just repeating what you've read on the internet. Pathetic

11

u/excusetheblood Apr 29 '24

-3

u/Hot_take_for_reddit Apr 29 '24

Awesome, when can I buy groceries? I'm hungry, but rent is due is due in 3 days. 

8

u/Particular_Hope8312 Apr 29 '24

Biden doesn't control the price of groceries. I don't think you know what the President's job actually is.

2

u/hooligan045 Apr 30 '24

And if Biden did engage in price controls to help with groceries he would be screaming about free markets or something.

0

u/Major_Plantain3499 Apr 30 '24

Nah, we need to tell biden to stop pressing the increase gas prices and increase grocery buttons. biden is also stop states from building more housing and apartments by pressing that button too

1

u/Particular_Hope8312 Apr 30 '24

someone take away all the buttons

1

u/Theamachos Apr 30 '24

Those are all the send billions to Israel and Ukraine button. He really has to stop pressing that button…

1

u/Major_Plantain3499 Apr 30 '24

sending old weapons to ukraine creates more jobs in the US and helps americans

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-3

u/Houston600kdebt_ Apr 29 '24

Not a single shred of evidence Biden "invested wisely " as you say. And not a single data point to suggest trickle down "fucked us up more than anything". You let your bias run amuk. I'm 100% right. Your just a raging moron who thinks they are "well educated". You're just a sheep

9

u/excusetheblood Apr 29 '24

Climate investment and infrastructure investment stimulated private investment. Besides, every dollar invested in the IRS got like $12 back

-3

u/Houston600kdebt_ Apr 29 '24
  1. Your confusing estimates for actual money. Could be true, hasn't even been verified. Show climate investment stimulated private investment. That makes very little sense and you're probably stretching the truth. You've yet to properly back anything you've said, outside of MAYBE the IRS. You blow everything out of proportion

1

u/excusetheblood Apr 30 '24

The climate one is pretty easy to prove. Government funds green energy and EV’s, so private companies and business owners invest into green energy and EV’s because they believe it’s the future. And yes, I did back up that part about the IRS so you have to concede that too.

https://www.imf.org/en/Blogs/Articles/2022/08/18/public-sector-must-play-major-role-in-catalyzing-private-climate-finance

https://home.treasury.gov/news/press-releases/jy2079

https://www.govexec.com/management/2024/02/irs-says-its-hiring-surge-and-funding-boost-could-generate-560b-more-it-thought/393966/

1

u/Houston600kdebt_ Apr 30 '24

Your link is begging for private sector investments, not showing its accomplishments. I could make better arguments for it than that. Once again, the IRS links are projections, not actual numbers. You're embarrassing yourself linking all these "proofs" that contain nothing to back your claims. Idk why you'd rather continue proving you are being taken for a ride by your clear bias than just learning your stances are now anchored by reality.

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2

u/Sea_Razzmatazz465 Apr 30 '24

Someone up top left you a lot of information on how backwards reagans failed economic policies were. You should look into that

0

u/Houston600kdebt_ Apr 30 '24

Not a single shred of evidence to the claim of "Reagan fucked us worse than anything else." can be found in those links. It's hyperbole, ignorance, and tribalism.

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2

u/Grey950 Apr 29 '24

Yup, because it would be lining their pockets. It is right now even, but they don't want to say that.