Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

PatrickforB

(15,499 posts)
6. I thought of this too, but...
Thu Oct 7, 2021, 11:35 AM
Oct 2021

If you take the percentage of one year of time already elapsed, and apply that to the rest of Biden's term, we find that he is on track to run up around $3.534 trillion in debt - this against Trump's $7.8 trillion.

There is another but, though.

When we are talking about raising the debt ceiling at this juncture, almost all of that debt applies to Trump.

Ironically, Biden's package really does pay for itself, mostly, through some strategic tax increases. We can only wonder why the 'moderate' Democrats are opposing this package...too much spending is a poor excuse at best. We threw over $4 trillion at the wars in Iraq ($2.4 trillion) and Afghanistan ($1.8 trillion). WHY DON'T WE HAVE HEALTHCARE? In fact, what has the Republican party, or the so-called moderates, done over the last...maybe two or three decades...that has materially helped the average American family over the long term?

Oh, we had the stimulus payments, sure, but for me that went toward MEDICAL costs, so kind of a wash there. I'd rather have a universal system not tied to employment where I don't have to be wheeled through accounting to figure out how I'll 'handle' the financially crippling copays to get actual medical care. And yeah, there might be a wait (gasp!) for some procedures, but you know what? I ALREADY have to wait because I have to save up the copay BEFORE we can line up any procedure, so when I do that, the equation looks like this:

The time required to save up for the financially crippling copay + the wait time for the actual appointment = what we have now - crummy, rationed healthcare with financially crippling copays. And you know what else? As a member of an HMO (employer provided), I do NOT have access to the very latest in care.

But, hey, we can spend $4 trillion on forever wars, and further drain the treasury by $3 trillion with a feckless, irresponsible tax cut for billionares and corporations rammed through by Republicans in 2017. But we can't have ANYTHING that actually makes our lives better? That is pretty fucked up.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Retired Forums»Video & Multimedia»Trump spending Vs. Presid...»Reply #6