this post was submitted on 22 Sep 2024
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[–] [email protected] 5 points 2 weeks ago (3 children)

Bro you need some serious education on economics, what biden did basically saved the ass of the US economy. Trump fucked it up with his populist politics that had no basis. Biden did the exactly right thing what a government needs to do. Governments should save money for bad times and then spend that for projects that help the economy and people get through bad times, a country isn't a company that needs to be profitable. It seems like you really lack proper education regarding economics, id recommend you to read a book about it, its a interesting topic that is very helpful in life.

[–] [email protected] -5 points 2 weeks ago (2 children)

Don’t try to lecture anyone on economics if you think Biden saved anything. The economy wasn’t bad until Biden screwed it up.

The only person lacking an education is you. No economist has ever stated the things you just said. Why do you think that is?

[–] [email protected] 4 points 2 weeks ago (1 children)

As you can see, the actual numbers say biden didn't spend much more than trump, and during a global crisis that is normal

Here you can see that biden, in difference to trump actually increased the number of employed people.

And here you can see the inflation curve, this curve is majorly influenced by Russias war in Ukraine and Chinese covid 19, the fact that inflation is falling again is due to significant economic investments done by biden to fight the consequences of trumps incompetence and global problems.

I've literally studied Economics and Business informatics with a masters degree. I know what im talking about, in difference to you.