Posts: 3797
From:
Registered: May 2011

posted June 09, 2025 12:00 PM            

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Obama truly gave Trump an amazing economy.
Trump and Biden are the 2 seniles who ruined it.

Now Musk is calling for a new party to be formed comprising of 80% moderates for no reason other than its going to get worst for America.

| Fiscal Year | Deficit | President in Office |
| ----------: | --------: | ----------------------- |
| **2011** | \$1,300 B | **Obama** |
| **2012** | \$1,077 B | Obama |
| **2013** | \$680 B | Obama |
| **2014** | \$485 B | Obama |
| **2015** | \$442 B | Obama |
| **2016** | \$585 B | Obama |
| **2017** | \$665 B | **Trump** |
| **2018** | \$779 B | Trump |
| **2019** | \$984 B | Trump |
| **2020** | \$3,132 B | Trump (covid stimulus) |
| **2021** | \$2,772 B | **Biden** |
| **2022** | \$1,376 B | Biden |
| **2023** | \$1,684 B | Biden (estimated) |
| **2024** | \~\$921 B | Biden (projected) |

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Posts: 31213
From: Here
Registered: Apr 2009

posted June 09, 2025 07:44 PM            

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It was doing fine under Biden - he handed trump a great economy, and trump ruined it, because that's what he does.

The inflation was due to greed from CEOs of companies, who inflated prices during covid (which is still around). They finally admitted the obvious. Trump also admitted that high gas prices were high because of him. Something he did right around the time of the election in 2020. A deal he made.

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Posts: 205208
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009

posted June 09, 2025 09:37 PM            

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You really shouldn’t opine on the economy. The Biden economy was horrible. Corporate greed? Biden’s policies and spending created the highest inflation since the 1970s. But Biden adopted low inflation from President Trump. Crickets! So, no, it wasn’t corporate greed from Covid. Inflation happened under Biden. Biden created inflation by his anti energy policies. Thus, everything went up when energy did. Plus, he flooded the economy with money. He spent trillions of dollars with the Green New Scam. When Biden took over, inflation was very low. Biden had two consecutive months of negative GDP growth of 1.6% and .9%.

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