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Trump charged with four counts over 2020 election


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2 minutes ago, candide said:

Other G7 economies have experienced a similar situation. Yet the US is leading by far for GDP growth compared to pre-pandemic level, has a record low unemployment, and now the lowest inflation in G7.

USA has Apple, Telsa etc. Nothing to do with Biden.

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2 hours ago, placeholder said:

False. 

 

"President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

https://www.forbes.com/sites/chuckjones/2020/02/01/trumps-deficits-are-racing-past-obamas/?sh=3b3d7b814819

Irrelevant. The forecast was obviously wrong anyway.

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The annual inflation rate in the US slowed to 3% in June of 2023, the lowest since March of 2021 and compared to 4% in May and expectations of 3.1%. The slowdown is partly due to a high base effect from last year when a surge in energy and food prices pushed the headline inflation rate to 1981-highs of 9.1%

https://tradingeconomics.com/united-states/inflation-cpi

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1 minute ago, nauseus said:

Irrelevant. The forecast was obviously wrong anyway.

irrelevant to what? The fact that deficits increased under Trump? And you think that the people who made this prediction should have foreseen that because there was going to be a  Covid pandemic their projections should have been higher?

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Just now, placeholder said:

irrelevant to what? The fact that deficits increased under Trump? And you think that the people who made this prediction should have foreseen that because there was going to be a  Covid pandemic their projections should have been higher?

Irrelevant to the post you responded to from Big Bird concerning Covid spending.

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1 minute ago, bignok said:

The annual inflation rate in the US slowed to 3% in June of 2023, the lowest since March of 2021 and compared to 4% in May and expectations of 3.1%. The slowdown is partly due to a high base effect from last year when a surge in energy and food prices pushed the headline inflation rate to 1981-highs of 9.1%

https://tradingeconomics.com/united-states/inflation-cpi

Right wingers and most right wing economists were predicting continued high inflation. If anything, the inflation rate is still exaggerated because of the way shelter costs are computed in the usa.

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8 hours ago, Keep Right said:

Maybe so, but we still had old sleepy Joe in the 80s and you know how bad that turned out.

4 decades of being re-elected to the senate.

 

2 hours ago, nauseus said:

It's actually less but what's a trillion here and there?

Don't ever complain bout the foreign debt.

 

2 hours ago, James Roderick said:

Didn't Bill Clinton do something similar - does the name Lewinski ring a bell!!

 

It was either fine for both of them or bad for both of them, which is it?

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1 minute ago, placeholder said:

What, Big Bird claimed that the jump in deficits was due to Covid spending. The article I cited relates to the 3 years before covid hit. And it showed rapidly increasing deficits. So no, the increase in deficits was ongoing before the Covid pandemic. Is that clear now?

Any increases then were not "rapid" or of any scale not seen before.

 

Obama post GFC deficits were all 1.5 - 1.1T+ until 2012. Trump's were never >1T pre Covid.

 

https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/

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8 minutes ago, nauseus said:

Any increases then were not "rapid" or of any scale not seen before.

 

Obama post GFC deficits were all 1.5 - 1.1T+ until 2012. Trump's were never >1T pre Covid.

 

https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/

An increasse of 74% before covid isn't rapid? hmmmm.

 

Before you claimed that it's not fair to include Trump's covid deficit. But on the other you believe that it is fair to include Obama's deficits which occurred  after he inherited a U.S. economy rocked by the biggest shock to the world's economy since the Great Depression. Double standards much"

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2 minutes ago, placeholder said:

An increasse of 74% before covid isn't rapid? hmmmm.

 

Before you claimed that it's not fair to include Trump's covid deficit. But on the other you believe that it is fair to include Obama's deficits which occurred  after he inherited a U.S. economy rocked by the biggest shock to the world's economy since the Great Depression. Double standards much"

Where does your 74% come from?

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1 hour ago, placeholder said:

"President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

https://www.forbes.com/sites/chuckjones/2020/02/01/trumps-deficits-are-racing-past-obamas/?sh=3b3d7b814819

I can't read this link. The US economy continued to grow.

 

I assume that you are directly comparing '15 straight to '19. Carry on.

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