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Federal Government Spending - comparing two presidential terms

Federal Government Spending - comparing two presidential terms

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w

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@Metal-Brain said
This thread is about spending, not debt. You can tax more to spend more with less debt. That is what the inflation tax does.

A thread about spending should be about spending, not debt alone.
You already wrote and posted links about relative spending between presidents. I think it was notable that the comparison included signed pieces of legislation that reduced spending, where trump approved $500 billion in cuts while Biden has approved $1.5 trillion so far. If you're running a big deficits, more cuts are better!

And we still have this undisputable fact:

Trump spending contributed twice as much to debt as Bidens spending

MB

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@wildgrass said
You already wrote and posted links about relative spending between presidents. I think it was notable that the comparison included signed pieces of legislation that reduced spending, where trump approved $500 billion in cuts while Biden has approved $1.5 trillion so far. If you're running a big deficits, more cuts are better!

And we still have this undisputable fact:

Trump spending contributed twice as much to debt as Bidens spending
So the inflation tax does not count?
Once again, you can tax more to spend more so there is less debt.

Why are you pretending to not understand this?

w

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@Metal-Brain said
So the inflation tax does not count?
Once again, you can tax more to spend more so there is less debt.

Why are you pretending to not understand this?
I understand. Yes, to not go into debt taxes should be higher if you want to increase federal spending. For some reason, the Trump administration did not do this. They raised spending and lowered taxes. Doh! You think that's why the debt figure is so appalling?

Its not smart.

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@wildgrass said
I understand. Yes, to not go into debt taxes should be higher if you want to increase federal spending. For some reason, the Trump administration did not do this. They raised spending and lowered taxes. Doh! You think that's why the debt figure is so appalling?

Its not smart.
Inflation is a tax. Biden is taxing us to death with inflation to avoid racking up more debt than Trump, but it may not work.

Biden is projected to surpass Trump's debt by the end of his term.

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@Metal-Brain said
Inflation is a tax. Biden is taxing us to death with inflation to avoid racking up more debt than Trump, but it may not work.

Biden is projected to surpass Trump's debt by the end of his term.
Projected? Err, no. That's impossible, based on current numbers.

Trump's spending contributed to double the amount of current debt compared to Biden.

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@wildgrass said
Projected? Err, no. That's impossible, based on current numbers.

Trump's spending contributed to double the amount of current debt compared to Biden.
I provided you with my source. Go back and look.

w

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@Metal-Brain said
I provided you with my source. Go back and look.
Yeeeah. I saw it. Your statement is incorrect.

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@wildgrass said
Yeeeah. I saw it. Your statement is incorrect.
Your whole thread is incorrect. You said "spending" and your source only listed debt. Biden's spending exceeded debt because he taxed people with inflation. Biden's "spending" is projected to exceed Trump's "spending".

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@Metal-Brain said
Your whole thread is incorrect. You said "spending" and your source only listed debt. Biden's spending exceeded debt because he taxed people with inflation. Biden's "spending" is projected to exceed Trump's "spending".
Oh good lord, read the source material nimrod. If you can afford it, spend it.

Neither president could afford their spending, but Trump's spending contributed double to the debt.

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@wildgrass said
Oh good lord, read the source material nimrod. If you can afford it, spend it.

Neither president could afford their spending, but Trump's spending contributed double to the debt.
Double of who? Biden's term is not over yet. You cannot say it is double his.
You have to wait until Biden's first term is over. Until then all we have to rely on are projections.

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@Metal-Brain said
Double of who? Biden's term is not over yet. You cannot say it is double his.
You have to wait until Biden's first term is over. Until then all we have to rely on are projections.
No we don't

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@wildgrass said
No we don't
You are a shameless liar. Biden's term is not over yet.

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@Metal-Brain said
You are a shameless liar. Biden's term is not over yet.
No, still u haven't read the report so you cannot coherently critique it.

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@wildgrass said
No, still u haven't read the report so you cannot coherently critique it.
Biden's term is not over yet.

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@Metal-Brain said
Biden's term is not over yet.
It's ok, you lost this one. No need to get so defensive.

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