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Deficit spending is destroying the middle class

Deficit spending is destroying the middle class | DOESN'T MATTER
WHO IS IN OFFICE; INFLATION IS CAUSED 
BY PRINTING MONEY | image tagged in inflation | made w/ Imgflip meme maker
135 views 8 upvotes Made by CraigThompson 1 month ago in politics
38 Comments
3 ups, 1mo
I'm republican but it started with Nixon taking us off the gold standard, that decision allowed for our money to become as valuable as the money in a monopoly box.
3 ups, 1mo,
2 replies
Inflation was recently caused by Joe Biden's Electric Car idea and the oil shortage he created . When the cost of transporting goods goes up the price does too
4 ups, 1mo,
2 replies
Joe Biden's policies were definitely inflationary. His war on energy, especially. Worst of all was his deficit spending. No one in history has printed as much money as Joe Biden.
3 ups, 1mo,
2 replies
Snowcones | THE CLAIM THAT "NO ONE IN HISTORY HAS PRINTED AS MUCH MONEY AS JOE BIDEN" IS FALSE AND A COMMON POLITICAL TALKING POINT THAT LACKS CONTEXT. | image tagged in snowcones | made w/ Imgflip meme maker
When looking at the national debt, both the Trump and Biden administrations have overseen massive increases, much of it related to COVID-19 relief.
The national debt increased by over $8 trillion during Trump's single term.
Projections indicate the debt accumulated during Biden's four-year term could exceed Trump's amount in raw dollar terms.
However, President Franklin D. Roosevelt oversaw the largest percentage increase in national debt in modern history, primarily due to World War II.
3 ups, 1mo,
2 replies
OK. Under President Biden, the Fed expanded the money supply by more than any other American President in history. New money was created to cover the largest deficit in history. Paradise, you knew what I meant. Why have we got to do the shithouse lawyer routine?
3 ups, 1mo
Simple...

Printing money" vs. Money Supply: The phrase "printing money" is often used as shorthand for increasing the overall money supply (M2) or federal spending/national debt, rather than the physical printing of currency. The amount of physical currency printed has not changed significantly
0 ups, 1mo
No, it was under Trump, not Biden.
3 ups, 1mo,
2 replies
I know President Trump is still printing money. That was what I was complaining about, Paradise. It seems you only understand the world in binary terms. There are lots of things about President Trump I don't like, but I do not regret voting for him instead of Kamala. Sorry that is so complicated for you to understand.
2 ups, 1mo
You did not vote for either of them.
2 ups, 1mo,
2 replies
Would you say your life is better now than it was one year ago? If so, how?
2 ups, 1mo,
1 reply
Inflation is down. Less of my savings is evaporating. I feel safer. Woke is slowly fading. P. Trump is less embarrassing than P. Biden, even though Trump still says dumb shit. Yes, things are improving.
2 ups, 1mo,
1 reply
Inflation is not down.
In America, anyways.
1 up, 1mo,
2 replies
In America, inflation is down. Isn't that where it counts? If Great Britain and the EU want to spend money that they don't have, that's their business.
2 ups, 1mo
No, it Is not.
The inflation rate was lowering, then went to 2.4%, and then has been rising ever since, getting to the 3% we see now which is the same rate it was here in the US back in January.

Nobody here is paying less for groceries. Other than eggs.
Prices are still high, and will continue to be so.

The USD is weakening in comparison to the Euro and GBP. Even the CAD has been strengthening. As you already know, this is the complete opposite trend to what had been happening with the currencies when Biden was president.
0 ups, 1mo
Cheap gas does not equal lower inflation!!!!
1 up, 1mo
Eggs, bro, eggs are cheaper than earlier this year.
1 up, 1mo,
1 reply
Trump printed more and continues to do so.
2 ups, 1mo,
1 reply
Do you know Trump printed more money, or are you just making stuff up? Modda, you never do the research. TDS has got the best of you.
1 up, 1mo,
1 reply
You are aware that you can look this up you know. You are, aren't you?
2 ups, 1mo,
1 reply
The original meme was accusing both Biden and Trump of spending too much money. It's not a partisan issue, so stop trying to make it one. TDS must be a bitch.
1 up, 1mo,
2 replies
I didn't bother looking at the "B-B-But Biden" Trump adulating OP meme.

Trump Delusional Syndrome truly is an itch that foreign bot bootlickers can't reach.
1 up, 1mo,
1 reply
Lol
1 up, 1mo,
1 reply
Hey, it happens
1 up, 1mo
Absolutely.
1 up, 1mo,
1 reply
What about the original meme? You can't say anything about it because you know it's true. The Uniparty wants to spend money. Inflation is stealing wealth from the middle class.
0 ups, 1mo,
2 replies
You're just trying to get me to copypaste my comment for your perusal so I can get a timer for insulting myself again by reposting my own comment, aren't you?
2 ups, 1mo,
1 reply
Not even close. I'm trying to convince you to think critically. Defending one side or the other is not critical thinking; it's just following the other lemmings off the cliff.
0 ups, 1mo
So maybe you shouldn't do it then?

My gosh, despite your lord's claim that he's going to live for 200 years, he he ain't. What are you going when he ascends back to Heaven again?
2 ups, 1mo
It goes to eleven.
0 ups, 1mo,
1 reply
2 ups, 1mo,
2 replies
Car companies like Ford couldn't sell EVs because no one wanted them. Biden's subsidies and regulations did not work. The Green New Deal was a bust in so many ways. Nothing causes an energy shortage like regulation. Just ask Germany.
2 ups, 1mo
Yeah... billions appropriated to build charging stations under Biden... and how many were actually built?

LOL
0 ups, 1mo,
1 reply
No.

How old are you and from where you said? Because Germany energy shortage?
0 ups, 1mo,
1 reply
Germany closed down nuclear plants and coal plants and replaced them with Russian natural gas and renewables. Russian gas is cut off, and renewables proved to be unreliable. Energy prices skyrocketed, adding to inflation. Modda, do the research. I don't pull shit out of my ass.
0 ups, 1mo,
1 reply
Correct, you did not. You pulled it from your experience in Germany.

No need for me to do any research. We lived through it here. According to you, you lived here and at the time as well. No research required. It should be part of your memory.

That's why I asked you what you said your age was, or roundabouts. What you're suggesting would be like asking someone here to Google the 2016 Election or Hurricane Katrina. We don't have to research what we lived through. We lived through it.
0 ups, 1mo,
1 reply
I am flattered that you put in so much thought about my person, and at the same time, a little creeped out. I'm really not interested in a relationship with you, Modda. You seem a bit unstable. Good luck.
0 ups, 1mo,
1 reply
That's nice.

Where are you from that you are not aware of a world famous world changing energy crisis here? In America, anyways. After all, according to TwitterX, most MAGA accounts are actually from Pakistan and Bangladesh.
0 ups, 1mo
Please parse that sentence and try again using the English language this time. That is almost a word salad. I have no idea what point you are trying to make.
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    DOESN'T MATTER WHO IS IN OFFICE; INFLATION IS CAUSED BY PRINTING MONEY