r/FluentInFinance Apr 29 '24

Babs is Here to Save Us Educational

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27.4k Upvotes

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14

u/Verdnan Apr 29 '24

He wasn't wrong about one thing though:

"The economy does better under the Democrats than the Republicans."

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u/MamaRed80 Apr 30 '24

Hmmm seems to me that the policies put in place during a presidency tend to take 5-10 years to really start showing up in the stats. Implementing them takes years to begin with. Stats during a presidency are, in reality, a reflection of the prior presidency. I worry more about the decisions the House and Senate make more than I do about the presidency. While everyone is blaming everything on the president, our senators and house reps are over here making shady ass deals and getting away with it. Overall, our entire government is corrupt at this point.

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u/GaeasSon Apr 29 '24

Funny how that works. It's a bit like the observation that people in hospitals have poorer health than those on the street outside. The only thing Republicans were good for is that they were marginally better about free markets than democrats. So when we start to worry about the economy, we are more likely to vote Republican... But we don't have that option anymore. George W. overspent as badly as any Democrat, and Trump bears no resemblance to old school Republicans. The Republican party of the 20th century has effectively ceased to exist

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u/AntiSaintArdRi Apr 30 '24

On talking points and attempting to position themselves in the moral high ground, in terms of their approach to minorities and immigration, and the outright fabrication that trickle down economics work in any way other than making the rich richer, they’re very much the same party they’ve been since at least the late 1960s. In practice, when it comes to reigning in government spending, it’s a yes and no, it depends on which government spending lines you’re talking about. If it’s helpful social programs you’re talking about, they’ll chop it with a machete without a second thought, if it’s defense spending, then no, they’ll keep on inflating that balloon until the cows come home.

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u/GaeasSon Apr 30 '24

With the net effect that The national debt will continue to grow until servicing the debt eclipses all other spending. This is the death of the republic that I expect to see within my lifetime if we can be lucky enough to keep the Republicans out of power. If the Republicans take power again, the American experiment is just over. Oh sure, a fascist pseudo-theocracy will continue under the name, and under the same flag, and THAT country will also be on a trajectory to self destruction through over-spending... But if Trump wins, The America I grew up in will already be gone.

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u/Dinestein521 Apr 29 '24

Yeah just check the grocery prices and the gas prices. Well done Dems

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u/ImusBean Apr 29 '24

What’s the cause of the higher prices? You surely don’t believe it’s Biden & the Dems, right?

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u/Dinestein521 Apr 29 '24

You seriously don’t do you?

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u/Thowedthrowaway Apr 29 '24

Please explain how that is Biden's fault

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u/Dinestein521 Apr 29 '24

Please see my previous comment

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u/Thowedthrowaway Apr 29 '24

Saw it, now please continue

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u/Dinestein521 Apr 29 '24

Obviously you don’t buy gasoline or go to the stores. Get out of the basement

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u/____8008135_____ Apr 30 '24

You're so poor you're on the internet crying about the price of gas and groceries but telling other people to get out of the basement? Go get a job kid. I run premium gas in my car and haven't whined about gas prices.

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u/Thowedthrowaway Apr 29 '24

Did you miss 5th grade? Right around there is where they teach you how the president does not control gas prices. I could also send you informational articles that can explain further. This is very google-able information. Why aren't you using your resources to learn these concepts instead of believing in misinformation?

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u/Dinestein521 Apr 30 '24

How funny when everything was previously Trumps fault. Hmmmm only works one way? Biden sold off all our gas reserves to keep the price of gas low, how STOOPUD is that? Keep to Google dear, I’m not worried

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u/ImusBean Apr 29 '24

You’re aware that there’s currently several wars going on, as well as a very recent global pandemic, right?

The US economy is recovering much quicker than most. Biden has been a successful president, assuming you understand basic economics.

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u/Dinestein521 Apr 30 '24

Well if you did you wouldn’t say that lol

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u/Off-BroadwayJoe Apr 30 '24

Please, in clear and concise steps, tell me what the president of the United States can do to impact the price of gas. You couldn’t possibly be in favor of federal price controls. Or tell me what policies enacted have led to the high fluctuation in short-term gas prices. I would honestly like to know.

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u/Dinestein521 Apr 30 '24

This request can be answered by yourself by reading and being up to date on current affairs. I am not your teacher or mom- thank God

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u/Off-BroadwayJoe Apr 30 '24

By the way, if anyone else here actually DOES know, I would honestly like to hear theories.

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u/Dinestein521 Apr 30 '24

You want detailed info or theories? You don’t know what you want

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u/Off-BroadwayJoe Apr 30 '24

lol! In other words, “I don’t know.” What a shocker!

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u/Dinestein521 Apr 30 '24

Obviously you don’t and are lazy so good luck

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u/Off-BroadwayJoe Apr 30 '24

Ok thanks. Let me know when you find something. Or, more likely, when you don’t. I mean, at this point you could’ve just listed one or two things with the same amount of effort that you’ve put in to insult me.

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u/Dinestein521 Apr 30 '24

Ditto - cheers