Joe Biden's Presidency

[nyyfan555]

That was very insightful. Biased but insightful.
I noticed it neglected to give credit to Congress by not hamstringing companies with additional requirements the government feels is necessary thus allowing income to grow.

Another claim without evidence. That's right on par for you.

[brett05]

Another claim without evidence. That's right on par for you.

You are asking for evidence of something that did not happen. How does that work exactly?

[nyyfan555]

You are asking for evidence of something that did not happen. How does that work exactly?

This was your post:

"I noticed it neglected to give credit to Congress by not hamstringing companies with additional requirements the government feels is necessary thus allowing income to grow. "

Where is the evidence of this?

[brett05]

This was your post:

"I noticed it neglected to give credit to Congress by not hamstringing companies with additional requirements the government feels is necessary thus allowing income to grow. "

Where is the evidence of this?

Again, you ask for evidence of them not doing something. How does that work?

[Hawkeye15]

No, they are guilty of spending more than taking in. Unless I am wrong, the last time we had success in obeying a budget was under the Republican Congress with House Leader Newt Gingrich.

Now there is a group of uneducated folks referring to the MASSIVE increase under the previous administration without qualifying that there was an epidemic on the hands of not just the US but the world.

2 things:

yes, you are wrong. Republicans add more to the deficit, without question. You mention Newt, the president at the time with Bill Clinton. Speaking of Newt, he was very complimentary of Joe Biden's first 2 years in office. Ironic..

secondly,

do the same people that blame Biden for inflation also have the brain capacity to understand the needed pandemic response was partially to blame? Do you understand the same logic you are attempting to use should also then be used when reviewing Obama's spending his first term?

[Hawkeye15]

see last 12-24 hours of posts in this thread.

which one?

[nyyfan555]

Again, you ask for evidence of them not doing something. How does that work?

Your sentence says that the article did not give credit to congress for something associated with the surplus at the time. What did congress do?

If that's not what you meant, then restate your sentence.

[brett05]

2 things:

yes, you are wrong. Republicans add more to the deficit, without question. You mention Newt, the president at the time with Bill Clinton. Speaking of Newt, he was very complimentary of Joe Biden's first 2 years in office. Ironic..

secondly,

do the same people that blame Biden for inflation also have the brain capacity to understand the needed pandemic response was partially to blame? Do you understand the same logic you are attempting to use should also then be used when reviewing Obama's spending his first term?

1) Zero to show for it. I at least gave you an example.
2) Of course there is residual. Almost all of the initial happened thanks to the failed policies of the Democrats however. And for President Obama, you mean the one that raised healthcare costs with his policies and bailed out car companies (much respect for Ford that said, thanks but no thanks)

[brett05]

which one?

the posts in this thread of the last 12-24 hours.

[brett05]

Your sentence says that the article did not give credit to congress for something associated with the surplus at the time. What did congress do?

If that's not what you meant, then restate your sentence.

They did not come in with burdensome regulations to businesses. Help me understand how you keep missing that and how I am to show proof of that?

[nyyfan555]

They did not come in with burdensome regulations to businesses. Help me understand how you keep missing that and how I am to show proof of that?

Your term "burdensome regulations" is very broad.

Here are some regulations imposed on businesses/corporations/top earners:

https://www.thebalancemoney.com/pres...licies-3305559

First, he raised taxes with the Omnibus Budget Reconciliation Act of 1993, his first budget. The Deficit Reduction Act:

Raised the top income tax rate from 28% to 36% for those earning more than $115,000, and 39.6% for income above $250,000
Increased the corporate income tax from 34% to 36% for corporations with incomes over $10 million
Ended some corporate subsidies,
Taxed Social Security benefits for high-income earners
Created the earned income tax credit for incomes under $30,000
Raised the gas tax by 4.3 cents per gallon
Limited the ability of corporations to claim entertainment tax deductions


So what were you referring to? And after you make your claim, please provide evidence.

[spliff(TONE)]

the posts in this thread of the last 12-24 hours.

I swear: your posts should all be automatically changed to tHiS tYpE oF fOnT.

[valade16]

What’s odd about applauding the lack of “burdensome” regulation in the late 90’s is that the lack of such regulation led to the financial collapse of 2007/2008. The problem during those times was not too much government regulation, it was too little.

[nyyfan555]

What’s odd about applauding the lack of “burdensome” regulation in the late 90’s is that the lack of such regulation led to the financial collapse of 2007/2008. The problem during those times was not too much government regulation, it was too little.

fIsCaL cOnSeRvAtIsM

And there was regulation back in the 90s. Taxes were increased and some loopholes were removed.

[dbroncos78087]

What’s odd about applauding the lack of “burdensome” regulation in the late 90’s is that the lack of such regulation led to the financial collapse of 2007/2008. The problem during those times was not too much government regulation, it was too little.

It's a rinse and repeat cycle. They create deregulation and then complain about the problem. They never fix any problem, just creating new ones and blaming others for it.