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Author Topic:   the Biden administration is reducing the deficit
teasel
Knowflake

Posts: 22036
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Registered: Apr 2009

posted May 10, 2022 02:23 PM     Click Here to See the Profile for teasel     Edit/Delete Message   Reply w/Quote
http://twitter.com/WHCOS/status/1523822268018790401


Not just our assertion. Not just our claim.

Now
@CBO
certified: the Biden administration is reducing the deficit (which helps reduce inflationary pressures).

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teasel
Knowflake

Posts: 22036
From:
Registered: Apr 2009

posted May 10, 2022 02:24 PM     Click Here to See the Profile for teasel     Edit/Delete Message   Reply w/Quote
http://www.cbo.gov/publication/57974

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Randall
Webmaster

Posts: 157228
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009

posted May 10, 2022 04:33 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
But inflation has not been reduced, has it? And it is going to go much higher. If Biden wanted to reduce inflation, he would open up American energy, but he won't do that because he is owned by the far left, and they hate the oil industry. Why doesn't Biden take some of those billions he throws away and ramp up production of baby formula? We had 140,000 babies born in this country last year.

Now, allow me to educate you. Biden did absolutely nothing to lower the deficit. He and his administration wouldn't even know how to do so. Those idiots actually wanted to spend trillions more and claimed it would cost nothing! Here is what really happened: The deficit soared after the pandemic hit in 2020, so it was inevitably going to lower all on its own, and pandemic spending ended this year, so abracadabra, the deficit lowered. So, you go and try to find something else that Biden did that was positive. Good luck with that.

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jwhop
Knowflake

Posts: 17570
From: Madeira Beach, FL USA
Registered: Apr 2009

posted May 10, 2022 11:39 PM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Randall:
But inflation has not been reduced, has it? And it is going to go much higher. If Biden wanted to reduce inflation, he would open up American energy, but he won't do that because he is owned by the far left, and they hate the oil industry. Why doesn't Biden take some of those billions he throws away and ramp up production of baby formula? We had 140,000 babies born in this country last year.

Now, allow me to educate you. Biden did absolutely nothing to lower the deficit. He and his administration wouldn't even know how to do so. Those idiots actually wanted to spend trillions more and claimed it would cost nothing! Here is what really happened: The deficit soared after the pandemic hit in 2020, so it was inevitably going to lower all on its own, and pandemic spending ended this year, so abracadabra, the deficit lowered. So, you go and try to find something else that Biden did that was positive. Good luck with that.


What Randall said!

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PhoenixRising
Knowflake

Posts: 2464
From:
Registered: May 2011

posted May 11, 2022 07:33 AM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
Fed has decided to keep the inflation running. Governments have no choice. Sri Lanka is burning.

Read about my posts on how your government has been sold to the rich and worldly. Wake up now!

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