REALITY-- The Success of the Biden/Harris Administration

[DrSchadenfreude]

[DrSchadenfreude]

McCarthy mocked POTUS's age & mental acuity in public, while privately telling allies the opposite
www.politico.com/news/2023/10/04/white-house-mccarthy-downfall-00119933

October 4, 2023

..."McCarthy mocked Biden’s age and mental acuity in public, while privately telling allies that he found the president sharp and substantive in their conversations — a contradiction that left a deep impression on the White House."

When McCarthy met with Biden in person, he typically presented himself as a sober negotiator, clear-eyed about the give-and-take of bipartisan governance. Then he would go out in public and brag about his refusal to bend on conservative demands.

On a particularly sensitive matter, McCarthy mocked Biden’s age and mental acuity in public, while privately telling allies that he found the president sharp and substantive in their conversations — a contradiction that left a deep impression on the White House.

McCarthy’s willingness to sign off on an impeachment inquiry without holding a vote was seen as a cynical ploy that sapped any goodwill among Biden’s closest advisers. The decision to renege on a debt ceiling deal he brokered directly with Biden, meanwhile, signaled his hold over those in his own party was waning.

If the White House took a dim view of McCarthy’s character, Biden and his aides also believed they had more or less figured out how to maneuver around him — dismissing much of his public bluster as showmanship meant to keep his right flank in line and maintaining a narrow, businesslike relationship with him behind closed doors.

[DrSchadenfreude]

[cbisbig]

Oct 4, 2023 20:36:17 GMT -5 DrSchadenfreude said:

www.newsweek.com/fact-check-biden-obama-clinton-deficit-presidents-1695614

Mostly False.

There is an element of truth to the claim that Obama and Clinton indeed achieved deficit reduction during their respective tenures as president. But the question of fiscal responsibility has to factor in growth rates, and when the deficit figures are linked to the GDP, the result shows several other presidents over the past 50 years did so too. Additionally, while Biden's planned budget could add him to that crowd on paper, it is simply a projection that is subject to changes from Congress and unforeseen off-budget expenses. We therefore rate the claim as mostly false.

[DrSchadenfreude]

US job growth smashes expectations

www.reuters.com/markets/us/us-job-growth-beats-expectations-september-unemployment-rate-unchanged-38-2023-10-06/

October 6, 2023

[DrSchadenfreude]

Today's jobs report is a top news story.

So, naturally, the Trumpsters are frantically posting non-news stories.

[Walter]

Redhats want America to fail...It's who they are.

[DrSchadenfreude]

NU started an alternate MAGA reality fiction thread called, "The Trump Boom and the Biden Bust."

People in the Trump cult create their own imaginary reality.

[cbisbig]

Reposting for the blueball circle jerkers...



www.newsweek.com/fact-check-biden-obama-clinton-deficit-presidents-1695614

Mostly False.

There is an element of truth to the claim that Obama and Clinton indeed achieved deficit reduction during their respective tenures as president. But the question of fiscal responsibility has to factor in growth rates, and when the deficit figures are linked to the GDP, the result shows several other presidents over the past 50 years did so too. Additionally, while Biden's planned budget could add him to that crowd on paper, it is simply a projection that is subject to changes from Congress and unforeseen off-budget expenses. We therefore rate the claim as mostly false.

[DrSchadenfreude]

Oct 7, 2023 12:57:22 GMT -5 cbisbig said:

Reposting for the blueball circle jerkers...



www.newsweek.com/fact-check-biden-obama-clinton-deficit-presidents-1695614

Mostly False.

There is an element of truth to the claim that Obama and Clinton indeed achieved deficit reduction during their respective tenures as president. But the question of fiscal responsibility has to factor in growth rates, and when the deficit figures are linked to the GDP, the result shows several other presidents over the past 50 years did so too. Additionally, while Biden's planned budget could add him to that crowd on paper, it is simply a projection that is subject to changes from Congress and unforeseen off-budget expenses. We therefore rate the claim as mostly false.

Dead wrong, C-Bis.

Study the slope (deltas) of the debt curves.

Clinton dramatically reduced the growth rate of the Reagan/Bush national debt-- by increasing the top tax rate in 1993.

Obama was able to reduce the growth rate of the Bush-Cheney national debt, but it took time.

Obama inherited the Great Bush-Cheney Recession, the Bush-Cheney tax cuts, and two multi-trillion dollar Bush-Cheney wars.

Trump mushroomed the national debt by $8 trillion in 4 years with his 2017 tax cuts for billionaires and corporations.

[DrSchadenfreude]