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Stinky The Clown

(68,953 posts)
Wed Aug 14, 2024, 10:40 AM Aug 2024

Welp . . . . looks like Joe hadda do it again . . . . clean up another Fat Elvis mess . . . .

. . . . . with inflation now in the high 2% range . . . . down from the Fat Elvis induced 9% plus.

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Welp . . . . looks like Joe hadda do it again . . . . clean up another Fat Elvis mess . . . . (Original Post) Stinky The Clown Aug 2024 OP
No doubt about it bucolic_frolic Aug 2024 #1
2 Santas scheme... Hermit-The-Prog Aug 2024 #7
Fat Nixon Aviation Pro Aug 2024 #2
You could call the convicted felon Fat Smelvis Jerry2144 Aug 2024 #6
That is what Dems do,.. magicarpet Aug 2024 #3
Yup. The GOP elephant comes in, leaves a huge mess and the Dems do clean up. surfered Aug 2024 #4
Never ends, been doing it for years/decades! elleng Aug 2024 #5
And all that the M$M can do BlueMTexpat Aug 2024 #8

bucolic_frolic

(55,387 posts)
1. No doubt about it
Wed Aug 14, 2024, 10:45 AM
Aug 2024

Tax cuts for the rich, and the GOP covid relief bill. It threw money at the top more than the bottom. Grocery shelves emptied because the money was there and retailers figured it out fast.

Hermit-The-Prog

(36,631 posts)
7. 2 Santas scheme...
Wed Aug 14, 2024, 01:24 PM
Aug 2024
First, when Republicans control the federal government, and particularly the White House, spend money like a drunken sailor and run up the US debt as far and as fast as possible. This produces three results – it stimulates the economy thus making people think that the GOP can produce a good economy, it raises the debt dramatically, and it makes people think that Republicans are the “tax-cut Santa Claus.”

Second, when a Democrat is in the White House, scream about the national debt as loudly and frantically as possible, freaking out about how “our children will have to pay for it!” and “we have to cut spending to solve the crisis!” This will force the Democrats in power to cut their own social safety net programs, thus shooting their welfare-of-the-American-people Santa Claus.

[ ... ]

To make this work, the Republicans would first have to turn the classical world of economics — which had operated on a simple demand-driven equation for seven thousand years — on its head. (Everybody understood that demand — aka “wages” — drove economies because working people spent most of their money in the marketplace, producing demand for factory output and services.)

In 1974 Wanniski invented a new phrase — "supply side economics" — and suggested that the reason economies grew wasn't because people had money and wanted to buy things with it but, instead, because things were available for sale, thus tantalizing people to part with their money.

https://www.salon.com/2018/02/12/thom-hartmann-how-the-gop-used-a-two-santa-clauses-tactic-to-con-america-for-nearly-40-years_partner/

Jerry2144

(3,286 posts)
6. You could call the convicted felon Fat Smelvis
Wed Aug 14, 2024, 01:23 PM
Aug 2024

But I just prefer using his current, properly earned, job title, Convicted Felon

magicarpet

(18,777 posts)
3. That is what Dems do,..
Wed Aug 14, 2024, 10:50 AM
Aug 2024

... their main job is to clean up the dirty diapers and properly dispose of them, that their ReThug predecessors hid although the White House and the government.

Toxic human waste abandoned for your successors to attend to and clean up - SOP for ReThugs.

BlueMTexpat

(15,697 posts)
8. And all that the M$M can do
Wed Aug 14, 2024, 01:31 PM
Aug 2024

is to keep iterating and reiterating how MUCH MORE voters trust tsf on the economy!

Sickening!

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