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Just because I hate Trump doesn't automatically mean I like Biden.

Just because I hate Trump doesn't automatically mean I like Biden. | OH, YOU'RE UNDER THE ASSUMPTION I'M A FAN OF BIDEN JUST BECAUSE I HATE TRUMP? LET ME TELL YOU A LITTLE SOMETHING. I DON'T LIKE BIDEN EITHER. HE'S BARELY BETTER THAN THE PREVIOUS IDIOT. | image tagged in willy wonka blank,joe biden,donald trump,willy wonka | made w/ Imgflip meme maker
400 views 3 upvotes Made by Blue_and_Yellow_Patriot 2 years ago in politics
Willy Wonka Blank memeCaption this Meme
10 Comments
[deleted]
5 ups, 2y
Barely better….

With thinking like that, it’s no wonder you support the ukraine
[deleted]
4 ups, 2y
Barely better.

Oh! No mean tweets.
[deleted]
1 up, 2y,
1 reply
Barely better?

Trump wasn't trying to destroy America. He didn't leave 30,000 American civilians behind in the hands of the Taliban.

Trump wasn't put in office by the World Economic Forum.

Trump didn't tell the Federal Reserve to print money nonstop causing skyrocket inflation.

Trump didn't stop cargo ships from docking causing shortages all across the US.

Trump never disrupted the supply chain.

Trump got us off of being dependent on foreign oil, Biden made us dependent.

Trump never sold our strategic oil reserves to China and other countries.

Trump caused an economic boom, Biden caused a recession.

Trump never passed a tax increase, whereas Biden passes a tax increase on everyone AFTER he his massive inflation.

Trump never paid farmers to stop producing and then makes a "prediction" that there will be food shortages.

It is more than obvious that Biden is NOT working FOR America, instead he is working FOR the World Economic Forum, the UN, China, the Ukraine and Russia.

If you think that Biden is "barely better" you're clearly not paying attention. Biden has not done one good thing in his entire term. He's the worst nightmare we have had in office, in my lifetime. He's worse than Obama and Obama was the worst before Biden.

The best thing Biden can do for America is retire and go home. And he needs to take Kamala and Nancy with him.
1 up, 2y,
1 reply
TRUMP BIDEN | made w/ Imgflip meme maker
"Trump didn't tell the Federal Reserve to print money nonstop causing skyrocket inflation."

The guy currently in charge of the FED, Jerome Powell, was selected by Trump in 2018 and is still currently chairman of the FED.

So ya idk.. you might want to axe at least one of those things because your list of grievances seems to be suffering from a little inflation of its own.
[deleted]
0 ups, 2y,
1 reply
The one thing I wondered (because I never heard of any reports about it) was if Trump shut down the printing of currency that started with Bush. Bush used quantitative easing once. Then when Obama came in he started quantitative easing as a non-stop policy and turned on the printing presses his entire presidency. I had hoped that Trump had shut it down but I never heard anyone reporting on it and I never thought to look it up.

However, under Trump, the economy soared so high that it compensated for the excessive printing. We had only minor inflation under Trump. Inflation did hit pretty hard during Obama but not nearly as bad as under Biden. We're still not at the Carter rate (the highest inflation rates ever) but now that the "Inflation Reduction Act" has passed we should be seeing Carter inflation rates soon.

So while Trump didn't tell the Feds to print more money, he never told them to stop and that was bad. But then there was a lot of things I didn't like about Trump. He was just a whole lot better than Biden. Trump, in his sometimes retarded way, actually tried to make America a better place. Biden, under direction of the World Economic Forum is working on collapsing the US dollar and our economy with the WEF's idiotic notion that they will "Build Back Better". They are going to make life unbearable. They want to take away all private ownership and all privacy rights. They want lending companies to lend money based on ESG scores instead of FICO scores. That type of mentality is exactly what caused the crash of 2007.
0 ups, 2y,
1 reply
made w/ Imgflip meme maker
Looks to me like the amount of $$ in circulation has overall been going up and up and up regardless of who was president. The FED does have a stated goal of at least some inflation. (2%)

The economy was good under Obama and under Trump. QE was what got us out of the recession turd Obama was handed. Biden got handed the Covid turd and unfortunately vaccines have not been able to solve that problem and one thing that sucks about being a global economy is being subject to things like the global supply chain.

Bold prediction as far as you claiming Carter inflation rates will be happening soon ..... I guess we'll see what happens.
[deleted]
0 ups, 2y,
1 reply
QE is a very, very, very dangerous game to play. It is what killed the Wiemar Republic of Germany. It caused Argentina's hyperinflation, twice.

Compared to Biden Obama's economy was good. Compared to everyone else Obama presided over the worst unemployment since FDR. Just over half of the country was receiving some kind of government assistance. He was a dismal president who, as it was recently revealed, was actually stopped by the Tea Party. He would have been just as bad as Biden because, unlike Biden, he was a true communist. That all he knew and it is what he was raised on.

Biden is criminal who discovered political life was a legal form of crime. He is one of the ones who got rich from politics. He would sell his grandmother, if she was still alive. He is wholly owned by China and the Ukraine through Hunter Biden. Hunter just launders the money that China and the Ukraine funnels to Joe. He set that deal up while vice president. Now he is just a puppet because of senility. He's not running the country, he's just doing what they are telling him to do.

If you notice in that graph the printing got steeper under Obama and then again under Biden. Like I said, Trump never turned off the faucet that Obama left open. That is to his detriment.

It is not a prediction. It is what is happening. This is the Great Reset. The WEF, Biden and everyone else involved in the Reset are proponents of Modern Monetary Theory. QE is just how it manifested a few times. MMT is the idiotic notion that if the government needs huge sums of cash to spend on something, like the Green New Deal, they just print it. Lots of it. However many trillions they need. And although the Green New Deal failed in Congress, it is being piece mealed into law through the White House.

The "economists" who are proposing MMT all fear inflation but they believe that the government will be able to control it through legislation. This is why we have the Inflation Reduction Act which is guaranteed to create more inflation. The morons are not living in reality. They have a theory which any economist (even the ones proposing it) knows will cause inflation. It is not might cause inflation but will cause inflation. Too many dollars chasing too few goods.

We are on the road to hyper-inflation and we have passed all of the exits unless we get the Democrats out of power before it happens. But even then it is probably too late.
0 ups, 2y,
1 reply
Looks like unemployment was going up pretty steeply with the recession prior to obama... and then actually declined for most of Obama's presidency.

And as far as the 2 previous currency graphs getting steeper.... yes. It got steeper under Obama, under Biden, and under Trump!

And to circle back to QE...... we're actually currently doing the exact opposite of that.... (QT). In addition to raising interest rates.
[deleted]
0 ups, 2y,
1 reply
Look up the Labor Participation Rate, sometimes called the Civilian Labor Force Participation Rate or just Labor Force Participation Rate.

For some reason unemployment stats are taken by the number of people who have filed for unemployment compensation. But unemployment compensation is only supposed to last for a period of time. If a person is still unemployed after that period of time then they are no longer counted as unemployed. Obama kicked the duration of unemployment compensation to 2 years but that still wasn't long enough.

There is a lesser known statistic kept by the Bureau of Labor Statistics called the Labor Participation Rate. This rate is the number of employed vs the number of working age adults. It has nothing to do with unemployment compensation, therefore, it is a better picture of what our true employment rate is.

You see, under Obama, jobs were killed off. There were none. People began to drop off of the unemployment stat that is most frequently used. That is why your graph looks like Obama was doing a good job. Perhaps that is why presidents use that statistic and not the labor participation rate because it can make them look better than they are.

The Labor Participation Rate skyrocketed under Obama. The higher the percentage the more people are not working.

It may be a little hard to find right now. I have found it before quite easily at the BLS.gov website but I looked just now and the charts are there but they are broken down by age, sex and gender but not by specific years. So you might have to do some work or maybe you'll find it easier than I did. I only took about 2 minutes in my search.

The QE graph didn't look like it deviated under Trump. It looked like the Trump years were just a continuation of Obama's QE. I am not saying that is a good thing. I am disappointed that Trump (with a BS in economics) wasn't better on the economy than he was. Perhaps he is a more of a Keynesian and less of a free market guy. Your graph shows a definite spike when Obama took office and when Biden took office but not when Trump took office.

Do do the proper level of QT to reverse this inflation the Feds need to shut down the presses and raise the interest rates up over 40% to pull all of that excess cash back in to be destroyed. The problem with that is if they raised rates that high it would collapse the economy. So we are not really doing much on the QT side. We're still printing at an accelerated rate.
1 up, 2y
Ok so if we are now looking at the labor force participation as the metric of "jobs" you are talking about..... There were apparently "no jobs" during Obama, "no jobs" in most of the 80's, and "no jobs" during Trump.

"The Labor Participation Rate skyrocketed under Obama. The higher the percentage the more people are not working." ?? That seems opposite what I thought it was. maybe I'm wrong about that idk.

And as far as the currency graphs, the trump years were not "just a continuation of Obama". 2020 had a very clear increase.
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OH, YOU'RE UNDER THE ASSUMPTION I'M A FAN OF BIDEN JUST BECAUSE I HATE TRUMP? LET ME TELL YOU A LITTLE SOMETHING. I DON'T LIKE BIDEN EITHER. HE'S BARELY BETTER THAN THE PREVIOUS IDIOT.