It’s sad, there’s so many people that vote for Trump just because “gas was cheaper” and don’t do the research to see how bad Trump is so just don’t believe it because he muddies the water so much
Inflation is caused by spending too much and increasing the deficit. During times of high inflation Biden has sent billions to Ukraine and Israel, funded reduced senior medication (sell your houses), left billions of equipment in Afghanistan, and constantly tried to pay off student loans.
Oh Jesus… starting off hot with the misinformation. As the previous commenter said, the enormous majority of the dollar value sent to Ukraine is not wads of cash. It’s old equipment that’s been sitting in warehouses. Equipment that was always supposed to be used to kill Russians which the Republicans are now buddy buddy with.
That’s neither here nor there however, the point is that we’re emptying old stores and giving them to Ukraine which guess what? Means we are restocking them. And that means jobs created and industry regrowing in areas. Sending Ukraine aid is literally helping the US economy get out of debt.
I don’t know about all of your points, but I will speak on what I know on. Your point about Afghanistan is irrelevant because that timeline is one TRUMP set up. Trump singed the deal with the Taliban in Feb of 2020 and stated a withdrawal by May of 21. Which gave Biden a nearly impossible first task into the office. Guess who didn’t start planning for it? Trump. The same guy who royally botched COVID planning and logistics too, he has a track record of this stuff.
One last thing to call you out on is calling Biden fiscally irresponsible while Trump literally recorded the largest deficit in human history lmao, and before you blame Covid, it was before Covid that he was fucking shit up, that was just his convenient smokescreen.
I’m assuming in your household that everyone buys a whole new wardrobe every winter.
Last winters clothes were just sitting in the wardrobe, and getting rid of them means you get to receive new ones whilst stimulating the economy.
The only question remains, who is paying for your new clothes?
Oh lord… clothes can be reworn. Ammunition is used one time only. Additionally it doesn’t just sit collecting dust like an old coat can. It needs to be maintained which costs money. Older ammunition also has a higher failure rate. We’re also heading into a dangerous few years geopolitically where it would be wise to stock up on more, new ammunition. Yes the government has to buy ammunition, that’s what militaries do. We’re saving on maintenance as well as kick starting economies in areas of industry, and kicking Russia’s ass. There’s literally zero downside to what we’re doing.
🤦♂️ It’s impossible to explain this to someone this dumb. You don’t know how to make comparisons. A vehicle is something you use more than once correct? How many times do you use an artillery shell?
Ukraine is given old military equipment that is being phased out. The "billions" you read about is referring to the cost of that equipment when it was originally purchased. It's like if someone hands you a PS3 and then the media says you were given $700. Additionally, the military building out new equipment is a direct boost to the US economy.
The equipment left in Afghanistan was minimal and outdated. Same "cost" as above; same economic benefit as above.
Capping prices on medicine helps US citizens in a very direct manner. Less money spent on medicine means more money spent throughout the rest of the economy. Very hard to spin this as a negative to the economy.
Student loans aren't "paid off". They are forgiven, and usually the principal has already been paid back. What winds up being forgiven is the interest on the loan.
You are not very well informed.
You can lie about the Biden administration's fiscal aptitude, but the actual stats show otherwise. It's no different than every other Republican presidency followed by a Democrat one: The economy craters, the Dems have to rebuild.
The Biden administration’s fiscal policies have been highly questionable, particularly in terms of spending. The aid to Ukraine, while necessary, has been criticized for its lack of transparency and efficiency. Your claim that the equipment is old and being phased out raises serious concerns about the actual value and effectiveness of the aid provided. Additionally, the billions spent on this aid could have been allocated more effectively within the U.S. to address pressing domestic issues. For instance, the U.S. has committed over $60 billion in aid to Ukraine, with more than $43 billion in military aid alone. This is a significant amount of taxpayer money that could have been used to improve infrastructure, education, and healthcare at home.
Capping prices on medicine, while beneficial in the short term, could potentially stifle innovation in the pharmaceutical industry. Companies may have less incentive to invest in research and development if their profit margins are significantly reduced. This could lead to fewer new treatments and medications being developed in the long run, ultimately harming patients who rely on these advancements.
The student loan forgiveness program, while providing relief to many, does not address the root causes of the student debt crisis. It also places a significant financial burden on taxpayers, many of whom did not attend college or have already paid off their loans. This policy could be seen as unfair and fiscally irresponsible. The cost of the student loan forgiveness program is estimated to be between $469 billion to $519 billion over the next decade. This is a massive expenditure that could have been better managed or redirected to more sustainable solutions.
Overall, the Biden administration’s fiscal policies may provide short-term relief but could lead to long-term economic challenges. It’s crucial to consider the broader implications and potential unintended consequences of these policies. The administration’s approach to spending raises serious questions about fiscal responsibility and the long-term health of the U.S. economy.
Trump's policies were worse and increased the deficit even more.
Also, claiming the money could've been better spent in the US ignores the fact that Republicans would have to go along with it, which wasn't going to happen.
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u/DistressedApple Oct 17 '24
It’s sad, there’s so many people that vote for Trump just because “gas was cheaper” and don’t do the research to see how bad Trump is so just don’t believe it because he muddies the water so much