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Related: About this forumTrump spending Vs. President Biden Spending... Pass this along The GOP are the big spenders
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Joinfortmill
(14,248 posts)This chart should be enlarged and taken to every town hall in every state. Then this needs to be on every billboard the Dems can get, in every state . This is could be our 2022 winning strategy.
chia
(2,235 posts)Beartracks
(12,761 posts)That would help people grasp how it happened.
"Hey, I remember when McConnell did that. It cost THAT much?? Wow!"
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cstanleytech
(26,087 posts)the voters off with money as they lost their jobs due to the pandemic.
Worked for the most part to help the Republicans in the Senate overall but not so much in the House.
Of course the amount might be smaller had the Republicans not rammed through their crippling tax cut for the ultra wealthy and corporations though hopefully that can be addressed sooner rather than later by the Democrats in some way.
GoodRaisin
(8,889 posts)amongst those numbers. About $150 billion a year unpaid for until we are able to reign some of it back in.
Pure Republican/Trump larceny against the American people.
IbogaProject
(2,696 posts)That compares a whole 4 years against part of one year. The repukes will be unmoved. Better to compare the last 40 years and show how much if the debt is from Republican waste. Regan nearly quadrupled the debt. Each od the Bushes pushed it up a lot. We have to show TFG as a typical Republican rather than as a singular anomaly.
PatrickforB
(14,516 posts)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.
IbogaProject
(2,696 posts)The crazy thing is universal healthcare would save money for us a a nation. There might be some issues the first years until more doctors are trained to replace some older doctors who are likely to quit in protest. The main savings from universal health insurance are administration and from more care happening during business hours rather than emergency departments. 30% of health care is administrative costs medicare's admin cost is about 3%. 27% uninsured. Then medical care grows, the administrative part shrinks. And after a transition over 5-10 years we get increased savings. Just the reduced emergency care leads to expected lower cost as soon as the first whole year.
H2Oart
(97 posts)That is not the point of the chart or the video. The point is, as President Biden has only been in office for 1 year, the fact is the debt ceiling needs to be elevated to pay for the debt run up in the last term. If they want to say anything about the Biden administrations debt, well that is pennies compared to what McConnell and Trump set.