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President Biden
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<blockquote data-quote="BMWMC" data-source="post: 5030887" data-attributes="member: 37461"><p>Well Biden's the second Democrat to win the White House and have to immediately deal with a collapsing economy and/or a financial crisis/pandemic at the same time. Bush left Obama with a cratering economy and Trump left Biden the another cratering economy. It's so not fair to judges democrats when that the economy that Bush was left with by Clinton had falling unemployment levels and a balanced Federal Budget budget. In fact the US budget on day 1 of Bush presidency was projected to be 5 trillion in surplus over the next 8 years. Then 911 happened.</p><p></p><p>911 shouldn't have really changed the budgets trajectory but Bush and the military industrial complex took a 5 trillion surplus and turn it into a 5 trillion dollar deficit by 2008. War pays a handsome dividend for corporate America and to the ends of political power, which in the end is also about cash. That's a 10 trillion dollar move. More than Obama borrowed to help the US come out of Bushes housing bubble financial collapse implosion.</p><p>Trump was handed a growing economy, falling unemployment, and falling deficits. He reversed all of that. After the blip of his tax cuts for the rich wore off the economy started "growing " at a far smaller rate than Trump had projected and even below Obama's economy and with higher inflation.</p><p></p><p>Facts matter and these statements are backed by real data.</p></blockquote><p></p>
[QUOTE="BMWMC, post: 5030887, member: 37461"] Well Biden's the second Democrat to win the White House and have to immediately deal with a collapsing economy and/or a financial crisis/pandemic at the same time. Bush left Obama with a cratering economy and Trump left Biden the another cratering economy. It's so not fair to judges democrats when that the economy that Bush was left with by Clinton had falling unemployment levels and a balanced Federal Budget budget. In fact the US budget on day 1 of Bush presidency was projected to be 5 trillion in surplus over the next 8 years. Then 911 happened. 911 shouldn't have really changed the budgets trajectory but Bush and the military industrial complex took a 5 trillion surplus and turn it into a 5 trillion dollar deficit by 2008. War pays a handsome dividend for corporate America and to the ends of political power, which in the end is also about cash. That's a 10 trillion dollar move. More than Obama borrowed to help the US come out of Bushes housing bubble financial collapse implosion. Trump was handed a growing economy, falling unemployment, and falling deficits. He reversed all of that. After the blip of his tax cuts for the rich wore off the economy started "growing " at a far smaller rate than Trump had projected and even below Obama's economy and with higher inflation. Facts matter and these statements are backed by real data. [/QUOTE]
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