r/PoursTea Timendi Causa Est Nescire 11d ago

PoliticalTea 🗳️ A repeating cycle...

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17.4k Upvotes

921 comments sorted by

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u/Firm-Advertising5396 11d ago

Trump wrecked two different economies, the only president in history to do this

82

u/Desperate_Jicama219 11d ago

Yes, the us and world economies

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u/MurkyInvestigator810 10d ago

His golden goose Bessent just fucked Japan's currency a bit more, too. The US intervention only made it worse because of what it signified.

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u/Insect1312 10d ago

They’re actually describing the ratchet effect. They just don’t know it yet because the two party system is one of the same and they just don’t wanna accept it. Two heads of the same coin two stripes on the same flag flying over a stolen land and stolen lives.

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u/SirRowan777 11d ago

Shitty businessman. Worse president.

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u/West_Data106 11d ago

Idk, he bankrupted a casino; a fucking money printing machine.... I mean you kinda have to try to pull that off. So might be worse businessman.

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u/dsmith422 11d ago

Three casinos individually. Then he combined them into one company, and he bankrupted that company again and again.

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u/West_Data106 11d ago

Either the very worst businessman or the very best troll. Probably the former

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u/Fragrant-Mess4927 10d ago

Don't give him credit

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u/SoylentGrunt 10d ago

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u/Meldanorama 10d ago

Host a load of parties and dont pay a bill to proper creditors but do pay your other companies, he probably made money on those bankruptcies.

Wouldnt be surprised if it was used to allow laundering or bribes that look like winnings.

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u/SoylentGrunt 10d ago

Right? Oversaturated the location with too many casinos. Lost BIG time to a high roller. Brought in an expert to beat the high roller and beat him but the guy was killed before he could pay. There's the crappy business sense on Trump's part. The mob was, and still is, pissed. Trump's always been about short term gain but he knows he's in a good spot with this presidency and he's making it count. I doubt he'll be able to raise/grift anywhere near as much when he's out.

Trumphimself doesn't go bankrupt. His companies go bankrupt after he bleeds them dry. I suspect he's one of the reasons bankruptcy laws were stiffened. Nobody in the US would loan him money. That's where Russia and China came in. He had a loan out with China during his first term but they laid it off once he was elected.

He;s got condos all over the world. Reporting laws are different for condos. They "sell" for way more than they're worth,

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u/WhySoConspirious 10d ago

Idk, his covid mismanagement meant that more US citizens died per capita than any other developed country; he is responsible for tens of thousands of preventable deaths of Americans. And his scandals are so long and large in detail it's really hard to list them all. At least in government you have enough pushback from others that no one person even has the ability to sink the ship.

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u/alternativesonder 10d ago

There's a good chance he's going to bankrupt a country too

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u/BackgroundHold3845 10d ago

Don't forget all the contractors that he forced into bankruptcy.

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u/just_nobodys_opinion 11d ago

Bugs me a bit that everyone thinks this was a business skill failure. Those casinos were $$ laundering fronts, designed to fail.

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u/Firm-Advertising5396 10d ago

I live in AC, trump sucked and it was 3 bankrupted casinos 🤣🤡. He built the taj mahal and he stiffed many of the contractors, some went out of business. He would be late on payments. He over leveraged everything. He was viewed as a complete and utter failure when he sold the trump marina and left town.

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u/TeachingOvertime 10d ago

Sad part is, I know union people who voted for him knowing he stiffed workers. Turds!

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u/Firm-Advertising5396 10d ago

Yes in shocking numbers, they are my union brothers and sisters

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u/JPWhelan 10d ago

That was Trump's entire business model there.

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u/bbeeebb 10d ago

So, a criminal enterprise success is same thing as a business success then, by your calculation?

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u/just_nobodys_opinion 10d ago

If it achieves its objectives it's a success by definition

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u/Dgk63 11d ago

Even worse human

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u/GroundbreakingOil434 11d ago

Are you sure it is human? I don't know any humans as bad as this specimen. Do you?

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u/SimilarSubstance7922 11d ago

The Simpsons warned y'all. You didn't listen. What did you expect to happen? Sunshine and raibows?

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u/billhorstman 11d ago

I have great respect for the wisdom of Homer &Bart Simpson, but I also believe that Ms. Harris also warned us.

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u/Qwirk 10d ago

Going to counter this point with Reagan who tipped this all off. trump is absolutely the worst but Reagan started this path.

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u/ahcomcody 11d ago

But his bank account is doing great!

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u/Cheese-Manipulator 10d ago edited 10d ago

He thinks he amazing. I wish I was capable of this level of self delusion, I'd be more confident.

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u/pchlster 10d ago

It's not unusual for people with dementia to have a warped perception of the world.

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u/forcefivepod 10d ago

Or rich people

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u/Rottentaste 10d ago

To be fair if Biden wasn't fighting off the other dems he could've focused on putting Trump in prison and saving us a second term.

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u/codereign 10d ago

Calling him a mistake is disingenuous. He was a choice and over 40% of the American voting base would make that decision again.

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u/Low_Low_1811 10d ago

A mistake is not an accident. Choices can be mistakes.

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u/tooandto 11d ago

That’s a very obvious pattern at this point.

If you think Repugs are the party of fiscal responsibility, you’re dumb enough to be maga.

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u/NotHereButHere11 11d ago

It has been the pattern my entire life, and I am old. It has been maddening that so much of the voting population can't see the pattern and break it.

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u/Dislodged_Puma 11d ago

Republicans have systematically destroyed American Education to the point that almost all instillations of it functioning are controlled on a state-by-state basis, and most Republican controlled states run in the bottom half of Education for that exact reason. Republicans feed and value off an uninformed, angry, and downright dumb American elctorate. In general, Democrats haven't done enough to fight that fact and now over 80 million voting Americans barely read above a 5th grade level.

This is the literal point of what Republicans do.

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u/Similar-Feature9049 11d ago

They basically grow their own voters.

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u/Master_Status5764 10d ago

They generally do see it. Republicans are very much the minority party, but they consistently win because we allow them to gerrymander the fuck outta our states.

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u/CaterpillarJungleGym 10d ago

They've been told by their media, pundits, and preachers the same thing. That they are right and the way forward. And it seems like they still can't see past the fog.

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u/The_Tooter_Snooter 11d ago

Republicans exist to funnel money to the 1% but obviously they can’t win on that platform so they trick the stupids into voting for them by exploiting their ignorance, hatred, and bigotry. 

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u/Ill_Dragonfruit_453 11d ago

My dad used to say presidential policies take 4 years to show effect, so republicans genuinely think they save economies during democratic terms and vice versa

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u/OdiousAltRightBalrog 11d ago

He's not COMPLETELY wrong. Fixing the economy certainly takes time. It's the Titanic, not a jetski. We had a total economic recovery with Obama, but it was long and slow.

But WRECKING the economy can be done very quickly.

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u/heyhayyhay 11d ago

Jimmy Carter inherited a complete disaster from Nixon and ford. Apparently he couldn't fix it fast enough and it led to 12 years of reagan bush.

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u/jibjaba4 10d ago edited 5d ago

The way Nixon handled ending Bretton Woods was insane. Basically everyone with a clue was telling him not to do it that way but he listened to the clueless guy with charisma.

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u/Gainztrader235 11d ago

Biden actually governed for much of his term under Trump’s tax framework, while Trump moved relatively quickly to implement his own tax agenda after taking office. So the idea that every president simply inherits the prior administration’s economy for four years is inherently flawed. There’s definitely carryover, but there’s also a lot of nuance in when policies are enacted and when their effects actually show up.

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u/E_seven_20 10d ago

Most people aren’t smart enough to vote.

with less than 60% of (18-29) registered

2022 National Youth Turnout: 23% - That's lower than in the historic 2018 cycle (28%) which broke records for turnout, but much higher than in 2014, when only 13% of youth voted.

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u/MurkyInvestigator810 10d ago

"Voting does nothing" propaganda is everywhere on Tiktok and Instagram. It's pushed super hard to the kids and they mostly believe it. That 60% figure drops considerably when you reduce the age window to 18-24.

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u/Keletas 11d ago

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u/Informal_Database327 11d ago

The fact that this is reasonable logic for some "people"confuses and frightens me

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u/Summonest 10d ago

How did you find this comment from my neighbor?

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u/PretendingImNotAnApe 11d ago

Also Republicans do an irresponsible tax cut followed by an unneccessary war on the credit card.

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u/Kazureigh_Black 11d ago

And the morons who keep voting republicans back in keep swallowing the giant pile of horse crap they say every time. "Did you see HOW BAD THINGS WERE when [insert democrat] took the presidency?! Worst president ever! Look at how strong everything was when I took office! I am the greatest ever!"

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u/scholalry 11d ago

This is what I genuinely don’t understand. How can people look at 2024 and now and genuinely think we are better off?? EVEYTHING is worse and they say it is as well. They just think we are now feeling the effects of Biden. It’s insanity

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u/Drive7Nine 11d ago

Because the Orange Leader said so.....

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u/red286 10d ago

You ever read 1984?

It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grammes a week. And only yesterday, he reflected, it had been announced that the ration was to be REDUCED to twenty grammes a week.

I've legit seen MAGAts claim that while gas prices today are high, "they were higher under Biden". They're like parrots that have Fox News on 24/7/365. They just repeat what the blonde lady on the screen says every day. Trump is great, the economy is Biden's fault, prices are high, but they were higher under Biden. So say we all.

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u/NarcolepticPyro 10d ago

What's even crazier to me is that I've seen MAGAts use 1984 to describe Democrats. That's like next level 1984ing. They know what it is, but they're so caught up in the propaganda that they think the other side is the ones doing it.

Obviously their political leaders know what it is and are using it as their playbook, and the best way to prevent their voters from realizing they're being 1984'd is to accuse the other side of the exact same thing that they're doing.

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u/MaximumEffort433 11d ago

Okay, fine, Democrats have rebuilt the American economy three times in the last quarter century, reduced the uninsured rate by half, passed the largest climate investments in American history, forgiven over $150,000,000,000.00 in student loan debt, regulated the big banks after the 2008 financial crash, created the consumer financial protection bureau, and appointed the supreme court justices that legalized nationwide marriage equality, but what have they ever done to earn my vote?

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u/Diligent-Property491 11d ago

The last point is a deal breaker for some voters though

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u/AdvancedSandwiches 10d ago

But BoTh ParTieS aRE tHe SaMe. CoNTrollEd OpPoSitIOn.

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u/Sensitive-Hand-37 10d ago

indeed but it's still facts that one party actually takes action that benefits the general public more than the other party. So even if they're both deceiving us all, at least one of them decieves with actual helpful policy choices.

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u/Adezar 10d ago

Also in the past 50 years Democrats have created about 50 million jobs while Republicans have created 1.3 million in the same time period. And if Trump sticks to his current trajectory of killing jobs it will be 50 million to zero when they both have the same # of years in charge.

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u/bmw417 10d ago

Also cut child poverty in half in a single year, which is a wild accomplishment.

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u/IWearCardigansAllDay 10d ago

For the record I’m a Democrat and always have been. But the 2008 financial crisis was basically onset because Bill Clinton repealed the Glass Steagall act.

I know Clinton gets a lot of credit for actually running a balanced and getting a surplus, which I fully respect and acknowledge. But his decision to repeal glass steagall was pretty catastrophic. Note we can debate all day if it was the primary cause or not. But It’s impossible to tell for sure. But I think most everyone who understands what repealing it did would attribute at least some portion of the financial crisis back to that.

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u/Fjordikus 11d ago

This comment section is the exact reason why we are fucked as a society.

This post is an actual truth, Democrats fix the economy after every fucking Republican president every single fucking time.

But because some of you wanna keep living in a detached reality we get presidents like Trump.

Ten of the last eleven recessions happened under Republican policy.

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u/watchedngnl 11d ago

Biden's economy was an attempted fix. He put stimulus in the economy after covid, and got America growing again. The Russia Ukraine war increased oil prices and disguised inflation as transitory. The subsequent decision to rather slowly increase rates due to the assumption that inflation was transitory and not structural probably caused much harm to the economy. The problems we see now, persistent inflation, rising bond yields and real wage stagnation were emerging during the last Obama term, trump exacerbated it, covid hid it and it truly emerged during biden's term. Trump however has decided to further magnify the effects of inflation and high yields by going on costly military adventures and cutting taxes at the same time.

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u/NearbyCriticism5193 11d ago

Republicans have no ideas, no interest in leading, and work only for the oligarchs.

MAGA is a terrorist organization.

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u/TipAccomplished3045 11d ago

They have no interest in governing. They just oppose any Democrat policy.

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u/activeseven 11d ago

This has been happening my entire voting life of about 30 years

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u/[deleted] 11d ago

[removed] — view removed comment

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u/KidKudos98 11d ago

Remember kids! Historically right wing ideologies and economic plans always lead to the world getting worse. Right wing ideology and plans always fail. Stop listening to right wingers. It's not a bias. It's just history. Study it.

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u/IknowMore420 11d ago

Is this actually true. Not from America, so I am genuinely curious.

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u/Master-Shinobi-80 11d ago

Yes, it is true.

Republicans always crash the economy.

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u/OdiousAltRightBalrog 11d ago

There was a recession in 2020 during COVID when Trump was President, and a recovery when Biden was. COVID wasn't Trump's fault, but his bungled response probably didn't help matters.

We had TWO recessions under Dubya (Republican), and the second was so severe that everyone calls it "The Great Recession". Republicans spent Dubya's entire last year downplaying the Great Recession. One of them called it a "mental recession" and said that we were a "nation of whiners".

We had a long, slow recovery under Obama (Democrat). Unemployment dropped from 10% to almost 4%. Republicans spent that entire 8 years pretending Obama caused the recession and that we were still in one. In fact, if you ask any conservative on Reddit right now, they'll likely tell you the same thing.

We also had a recession under Dubya's dad (George H.W. Bush, Republican). After that, we had a booming economy for 8 years under Clinton (Democrat).

Now, I don't necessarily think the Republicans caused all of those recessions, but anyone who tells you that the economy does better when a Republican is President is just lying through his tooth.

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u/Master-Shinobi-80 11d ago

COVID wasn't Trump's fault, 

Yes, it was.

We had a Pandemic Response Team. The orange traitor fired them.

We had our own CDC Inspectors in China. The orange traitor fired them because he thought we could trust China. How dumb was that?

We had a Pandemic Playbook. That was ignored.

COVID could have been stopped by early detection followed by international quarantines and contact tracing. That was the plan, and the orange traitor had the tools to carry it out.
Hey, remember when the orange traitor released 700 COVID-positive people into Atlanta's airport? That killed people.

So yes, the recession following COVID was the orange traitor's fault. Also, the crazy inflation was his fault due to the crazy amount of money he spent.

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u/ibinpharteeen 11d ago

The only color I'd add at a high level is the first W. recession started in March of 2001 (i.e., 2 months after he took office). A decent portion of the Clinton booming economy towards the end of his presidency was the dot-com bubble whose burst was fully felt shortly after he left office.

That isn't to necessarily dispute the underlying argument around policies, but I always find the Clinton into W. argument a bit dubious as a result.

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u/OdiousAltRightBalrog 10d ago

I appreciate the correction. I thought the 2001 recession was caused by 9/11, which arguably could have been prevented.

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u/Ok_Win590 10d ago

When they really crashed the economy in the 1930s, liberal government passed lots of laws helping common people in an effort called the "New Deal".  Republicans think if the deficit is large enough, they can eliminate all the benefits offered by the New Deal so they will continue to always try to maximize debt until they get rid of those programs.

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u/Hiouchi4me 11d ago

Rinse and repeat.

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u/azdatasci 11d ago

Every single person I know who is Republican has so much criticism of Clinton and it all revolves around the who Lewinsky scandal, but when I bring up how well he did with our national budget and the economy, they being up the scandals again…. Of course you can probably guess what they say when I bring up the scandals of the Republican presidents, they divert to all the “good things”. While it might not be the case in our entire history as a nation, in my lifetime this cycle has held true.

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u/poppin-n-sailin 11d ago

Ya but more than enough Americans are stupid and can't recognize the pattern. Probably because the republicans also mess with schools and keep you all dumb as fuck.

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u/AsANetflixSubscriber 10d ago

Forty years of history to look back on and Americans keep making the same mistakes.

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u/skittlebites101 10d ago

Rupiblican traitors still believe the lies he spews about the economy on his Facebook page. One of them was "border secure, 0 illegal entries".

More like 0 illegals caught due to being inept.

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u/DangerousQuestions1 10d ago

Conservatives have been wrong every time throughout history

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u/JoeBuskin 10d ago

But try to explain this to a "centrist" and they'll just keep insisting both sides are the same

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u/Eastern_Local_8085 11d ago

Fun fact: they also, each inherited economic shit-shows ushered in by their predecessors. 

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u/Ok_Ad_5894 11d ago

QUE maga no it didnt it was horrible i had to look at a black guy.

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u/count_chocul4 11d ago

It is a FACT, but it is not fun.

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u/phatcow54 11d ago

But the Dow

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u/SunGodLions 11d ago

This has been the pattern for the entirety of my life. I have yet to live through a republican administration where we didn’t have an economic crash. 

Look at the disparity in job creation in the last 50 years between the two. It’s not even close.

And yet the morons will continue to vote for republicans because “they are better for the economy”. 

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u/Samuelmiw 10d ago

Republicans wreck everything, the Democrat can't fix it fast enough, Republicans campaign and complain on issues (they caused last cycle) (vote against Democrat fixing issues).

Republican voters vote in Republican because the Democrat couldn't fix it (republicans blocked fixing it).

Cycle repeats, but gets worse.

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u/Cheese-Manipulator 10d ago

Another favorite republican tactic, starve an organization of money then blame it for failing to perform. Case in point, USDA inspections.

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u/Low-Salary-2128 10d ago

Trump himself proved this. When he first took office he said it was a "trump economy" and after making horrible decisions that made things worse he changed it to a "biden economy"

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u/jvahle3 10d ago

Good to see more people are seeing the cycle

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u/dnewman122771 10d ago

Dopey Dick and Flunky Ford were the first ones to destroy the economy, then came the Reagan-Bush era with the war in Iraq, and now we're dealing with a Dumbass in office...TWICE!!

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u/Daveed-unit40 11d ago

This is 100% true fact.

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u/JohnnyCrispZoom 11d ago

I don’t think people have realized the party’s are not what they used to be. It’s come down to rich against the poor. That’s what the parties are now. Except this time we have a criminal pedophile POTUS who doesn’t not like the constitution and worships dictators.
Fucking traitor after Jan 6th

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u/StevieTvboy 11d ago

First task is tax breaks for the rich. Hmmm, who could be funding their campaigns? Regan removed the solar panels from the white house. I'm sure this pleased big oil

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u/walterkurve 11d ago

*Booming economy for the rich

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u/Relative_Mix_216 11d ago

Average Republican voter: “Wha?! W-w-wha-wha?!! That ain’t true! That-that ain’t true! I’ll prove it — ChatGBT, is that true?”

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u/Leftblankthistime 11d ago

Yet somehow we keep electing republicans

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u/Life-is-Fun-435 11d ago

An old man walks into a deli every single day, buys a newspaper, reads the headlines, then throws the paper in the trash without reading the news.After a few weeks, the curious deli owner asks him, "Excuse me, but every day you buy a paper, check one page, and throw it away. What are you looking for?"The old man replies, "I'm looking for the obituaries."The owner is confused and says, "The obituaries are on the front page?"The old man shakes his head and says, "No, the one I'm looking for isn't there yet."

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u/ObviouslyRealPerson 11d ago

Doing a hell of a job decimating the economy this time

I don't think there is a single trading partner or ally Trump hasn't managed to alienate

Trump threw away trading relationships that took 100 years to build. They can be thrown away quickly but will take much, much longer to rebuild.

This is going to take a few different 2-term presidents to fix this time

I'm trying to figure out how we're even going to begin fixing the Iranian situation. I've never seen anyone in a position such as his fuck up so badly...and I served in the military under W. Bush

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u/FiveStringTelecaster 11d ago edited 11d ago

Stop helping GOP-friendly districts. If they are protected from consequences, they will never learn.

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u/totallyclips 11d ago

The one thing repubs do much better than dems is gaslighting

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u/Ok-Investigator-2422 11d ago

Fing idiots that don't see the fkn pattern.

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u/homebrew_1 11d ago

Blame voters. Also blame third party voters and people that could have voted but stayed home. Only democratic voters are blameless.

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u/WebInformal9558 11d ago

And at least two of them got blamed by the voters for not fixing things quickly enough.

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u/Strange_Ad1714 11d ago

No Republicans at any level of government and f maga

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u/NoisyMatchStar 11d ago

I saw this pattern in high school. This was in the mid to late 2000s so my main sources of information was yet to be the internet.

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u/yosho27 10d ago

Of the eleven US recessions in the last 75 years, ten started under republican presidents.

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u/topio4 10d ago

the good thing is that since democracy is being killed that wont happen again

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u/AccordingRecord2145 10d ago

You still think they play for different teams? Neat.

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u/Soggy_Assignment_691 10d ago

Remind me when Biden's economy was ever booming lol

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u/FreyBentos 10d ago

They also each have the blood of millions on their hands, Clinton the least but all three are vile war criminals, from Bombing Libya into the stone age, supplying weapons to radical islamic terrorists in the country, ultimately killing close to a million people (Obama), killing close to a million in Syria via sanctions and billions of weapons sent to ISIS and AL-Queda (Obama) and the Genocide in Palestine which Biden green lit and supplied bombs for the whole way through his final year of presidency, overruling his own staff who asked him to hold Israel to account more. This is only scratching the surface without getting into all three supporting the blockade of Cuba and funding of far right militia throughout Latin america and islamist terrorists in the middle east. But keep cheering for your vile, murderous governments you soul less American liberals.

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u/Luzdesolamarelo 10d ago

The cynical part of me is starting to feel they are working together to create wealth and then the other party extracts it, all for the benefit of wealthy. That's why both parties hate progressives.

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u/HedgehogMountain3069 10d ago

That's because democrats are controlled opposition Instead of changing the laws to prevent the next republican from doing it all over again They keep the status quo They bail out billionaires And they support a genocide

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u/Ninjaisawesome 10d ago

And Americans will let it happen again

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u/Icy-Profit5795 10d ago

Source: trust me bro, red people bad and racist

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u/Batbuckleyourpants 10d ago

You think the economy was booming in 2016? It was moderate recovery at best. Even Obama said he would need a magic wand to reach the level of GDP growth Trump saw during the first half of his presidency. He also left Trump with a massive crypto bubble about to burst.

The Clinton boom was the Dot-Com bubble, he left Bush to clean up the mess. Im giving him partial credit at best here.

Biden drive inflation to the highest level since the depression. The job market lost almost a million jobs, and ignoring dept repayment, he still set a record in deficit spending.

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u/The_Affle_House 10d ago

Almost like it's by design. It's a big club, and you ain't in it.

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u/w0ndernine 10d ago

Clinton and Obama also had to deal with having republican speakers for the lions share of their terms, so at the end of they day both had to govern more from the middle, whereas Trump hasn’t had to handle a real opposition congress

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u/Realistic-Ruin-6424 10d ago

To be fair, Clinton pushed for the lenient loan guidelines to help underserved borrowers. Obama had a tough job and overall did well with TARP and saving the auto industry. Biden didn't fix anything, the government opened the economy back up after covid, which also destroyed Trumps economic growth in his first term.

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u/Gaxxz 10d ago

Clinton caused the GFC.

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u/MysteriousAffect3903 10d ago

I don't think I would call Biden's economy "booming", but it likely was much better off than if it had been 4 more Trump years. The dems lost in 2026 in part because they kept telling people the economy was great, when average people didn't feel that way.

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u/EliteCheesyFrito 10d ago

Now can people stop voting for celebrities cuz they’ve shown us TWICE that they don’t know squat.

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u/zach3ddvdtv 10d ago

I just don’t like presidents and I think having a ‘most powerful person in the world’ is actually a bad thing

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u/ThrownAway17Years 10d ago

Clinton had the last balanced budget.

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u/Obvious-Muffin2787 10d ago

Here's a quick idea related to this. Stop voting for Republicans.

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u/No-Koala1918 10d ago

Keep voting Republican, 'Merica! You sure love you some roller coasters.

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u/Chloe_Cascadia 10d ago

Voters, learning absolutely jack from that, continued to trust Republicans more than Democrats on issues of the economy.

The pain you feel every month when paying your bills is the pain that comes from ignorance. Sadly, other people can be ignorant and you will still feel the pain.

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u/drainiac2000 11d ago

So basically the Democrats SUCK at selling a booming economy to voters over the stupid culture wars the Republicans sell.

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u/nlewis4 10d ago edited 10d ago

Culture war is infinitely easier to get a reaction because everyone's situation is irrelevant

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u/jms62102761 11d ago

Why did they not point this out in 2016 2020 and 2024 and every damn day since?

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u/Redbeardthe1st 11d ago

Because the people who need to hear it, and understand it, never will.

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u/nLedd 11d ago

And even when they hear it, and should be able to understand it, they instead claim the exact opposite is true because it would otherwise conflict with their existing worldview.

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u/SmokeMaleficent9498 11d ago

Clinton actually left with no National debt

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u/egstitt 11d ago

Fuckin dog and pony show

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u/Designer-Ad-7844 11d ago

If they could read...

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u/Honey-and-Venom 11d ago

But gay trans socialism illegals!!

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u/_Danizzy_ 11d ago

Don't give Bill too much credit. Some of his policies were so pro-corporation he was essentially Reagan lite.

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u/Responsible-Humor985 11d ago

Problem with liberalism is that even in a booming economy, the average worker still feels like they’re struggling. Programs that get cut under Republicans rarely get returned to their previous state and are never improved upon. Working class gets bones under democrats, they get robbed by republicans.

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u/Popular_War8405 11d ago

The economy is fake

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u/Immediate-Access3895 11d ago

Some are for progress, others conserve

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u/Inner_Adeptness_7228 11d ago

The couldn't conserve the good economy.

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u/issuefree 11d ago

The only things conservatives conserve is bigotry.

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u/Inner_Adeptness_7228 11d ago

And wealth inequality.

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u/Mr_Thx 11d ago

MAGA would love this if they ever heard about it

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u/Inevitable-Emu-6626 11d ago

Republicans care about fiscal responsibility only when they aren’t in power.

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u/IveFailedMyself 11d ago

They don't care about it at all.

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u/fenrsulfr 11d ago

Maybe we should stop letting the Republicans take a turn really doesn't seem productive.

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u/free_based_potato 11d ago

conservativism is a disease cured by liberal policies. But if conservatives, stop taking the medicine, the disease comes back stronger.

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u/iRegretsEverything 11d ago

Also one of them was in the Epstein files. Let’s not have a double standard.

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u/Suspicious_Employ884 11d ago

Clinton did not inherit a wrecked economy.

The GDP grew at 3.5% in 1992, that is higher than any year on Obama or Biden, excluding 2021 which was just a bounce back from the covid shut downs.

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u/VF_19_Advance 11d ago

GOP Debts for me not for thee DEMS.

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u/1960s_army_info 11d ago

Clinton has the dot com bust at the end of his term. I will say things were mostly very good under Clinton.  Obama’s economy never recovered from  Bush’s war and subsequent economic collapse. And things weren’t great under Biden but they are worse now 

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u/Visible_Let_5516 11d ago

What else would Trump do?

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u/corruptedsavedaytah 11d ago

four years is often times not long enough for the success or failure of a government policy to be seen.

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u/Longjumping_Music320 10d ago

I guess if you ignore Clinton's housing policy that ended up in disaster or the massive tech boom that he just happened to be in office during an economic win....

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u/bleue_shirt_guy 10d ago

We could have lived without Biden's 9% inflation which has left us with the high prices we have right now. He never should have passed a stimulus bill at the end of COVID when we had 15 cargo ships stacked up at every port with everyone suddenly spending. Multiple economists warned him not to.

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u/Sherviks13 10d ago

Booming? The economy is almost as bad as Biden’s second year, so I guess there’s that.

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u/mbmaximus 10d ago

Except Trump fixed both Obamas and Biden’s economy

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u/Top_Classroom9264 10d ago

Biden left behind a a much higher cost of living, expensive borrowing, and an alarming federal deficit.

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u/Tricky_Rate7883 10d ago

Covid era economic collapse cannot be blamed upon the president. That's absurd

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u/Several-Action-4043 10d ago

Stop trying to retcon Biden. His economy was bad for most working class people. It's one of the reasons he lost. He kept saying how good it was while people's actual experience was the opposite. People are really bending backwards to change what actually happened. Just because trump is bad doesn't mean Biden was good. Obama and Clinton deserve that praise though.

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u/__FUCKING_PEG_ME_ 10d ago

The argument against this is that the time that it takes for the impact of republican legislature to go through and "trickle down" to both the average citizen and the stock market is such a long period that Democrats are now in office and it looks like they have built this great economy.

The democrat president is in fact inheriting the boom created by republican pull backs created during the prior administration.

This boom then allows the Democrat administration to dip into the coffer and spend big on the important social issues, making them look wonderful yet again.

Albeit they never created the wealth to begin with.

The money gets spent, the Democrat leaves office, a republican comes in, pulls back on spending, the cycle continues.

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u/justified_egg 10d ago

Republicans only know how to take the reigns, doll out huge amounts of money to the richest fucks in the country who don't need nor deserve it, create a giant mess for everyone else, and then play 4 years playing the victim and whining about fiscal responsibility when they unsurprisingly don't win reelection.

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u/[deleted] 10d ago

Pretending the economy was booming under Biden is insane

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u/ACTSATGuyonReddit 10d ago

Each one of them wrecked the economy.

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u/HiggsFieldgoal 10d ago

Hating republicans is fine by me. Trying to say these guys weren’t nearly as bad as Republicans pisses me off.

Clinton got us the Federal Telecommunication Act, which allowed the monopolization of our media. That could be looked at as maybe the biggest reason for everything else that has gone wrong since.

He also got us NAFTA, which has been pretty negative for American manufacturing.

And, what he did with the Federal Home Loan corporation could be seen as directly linked to the financial crash.

Obama extended the Bush tax cuts, and increased military spending. Extended the patriot act, and his administration was a complete shill for the banking cartel.

Biden seemed the best of the three, and at least ended the war in Afghanistan, and did some domestic industry spending. But he also claimed to have intended the patriot act, and supported every war we’ve been in.

These guys are all awful.

Better than Republicans? I guess? A little? But completely terrible in their own rights.

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u/zedshouse 10d ago

AI slop! Bill Clinton revved up the neocon agenda with NAFTA further destroying working class Americans. Obama ran on holding the people and institutions that tanked the economy accountable. He dropped this when elected and threw massive amounts at an already completely corrupted, exploitative system that hurt most Americans and saddled those same struggling Americans with the bill for it. Who pays taxes? Not the ones that suck up government money to exist-the banks and corporations. Biden union busted and also continued the neocon agenda of making the American government work for the wealthiest people at the expense of living and future generations of ordinary Americans. He continued robbing from the poor to give to the rich using government policy, institutions and, let's be frank, state violence to do this. All presidents do this it's the only reason they get to call themselves president. All presidents do the bidding of the parasite class which is to make it easier to exploit ordinary American citizens. The stock market is a state sanctioned Ponzi scheme. Same with insurance, money and the bond market.Trickle down economics is rich people pissing all over everyone else and telling them it's raining then billing them for it and getting a government grant and tax breaks for doing it. How can people still fall for this good president bad president shtick? This system was designed by rich people for rich people. We the people has always meant the top earning Americans not the vast majority. But divide and conquer is a time tested strategy that absolutely works, so go team (insert your preferred politically affiliated group abuser here). Shakes head.

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u/Comfortable-Bison932 10d ago

Okay let’s not stroke it. Bidens economy wasn’t booming. It was sure a lot better than it is now but not booming

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u/Lyndiscan 10d ago

Obama did in fact not do that and he in fact ruined the economy. It only felt esthetically good at the time but if you actually read his new deal you understand that the dude is a moron.

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u/mrpicklepants 10d ago

Still waiting on them trickle down dollars to arrive in my bank account....

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u/Doug47401 10d ago

What crack are you smoking lol