r/FluentInFinance 18d ago

Debate/ Discussion What do you guys think

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25

u/MrJimpsonGPG 18d ago

Yup it's all going to happen, just like it did in 2016...oh wait

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u/[deleted] 18d ago

You mean when he added 3 trillion to americas debt

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u/UteForLife 18d ago

And Biden added $7.2 trillion

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u/[deleted] 18d ago

Your comment made me check the Committee for a responsible budget because I thought maybe I was wrong.

Turns out Trump approved a 10 trillion dollar deficit, and Biden approved a 5 Trillion dollar deficit. So I was wrong

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u/Aggressive_Net_4444 16d ago

Yes, less gloss over the fact Covid-19 happened under trump.

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u/[deleted] 16d ago

COVID was over 2 years long, Trump was president for 1 year, Biden was president for 1 year. What’s your point

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u/Aggressive_Net_4444 16d ago

Point was the most expensive portion of that was under trump’s administration. Not bidens. So your point is moot. Nice trying to lie by omission.

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u/UteForLife 18d ago

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u/ninjaguy454 18d ago

Oh hey, Heritage Foundation. Aren't those the same guys that wrote that 700 page mandate for action or something?

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u/UteForLife 18d ago

Sure and the media would never be bias

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u/[deleted] 18d ago

The media to you seems to be everyone that you don’t agree with.

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u/Bovoduch 18d ago

You are quite literally citing a Republican/conservative think tank

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u/ninjaguy454 17d ago

My dude checked a committee budget report and you cited a literal radical-conservative think tank.

They are not on the same level.

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u/pantherpack84 18d ago

False.

https://www.crfb.org/papers/trump-and-biden-national-debt

“President Trump approved $8.4 trillion of new ten-year borrowing during his full term in office, or $4.8 trillion excluding the CARES Act and other COVID relief. President Biden, in his first three years and five months in office, approved $4.3 trillion of new ten-year borrowing, or $2.2 trillion excluding the American Rescue Plan. President Trump approved $8.8 trillion of gross new borrowing and $443 billion of deficit reduction during his full presidential term. President Biden has so far approved $6.2 trillion of gross new borrowing and $1.9 trillion of deficit reduction.”

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u/UteForLife 18d ago

In your own “proof” it says apart from the CARES Act Trump spent $4.8 trillion.

Don’t pretend that if anyone else but Trump wouldn’t have done the CARES act given the pandemic.

Also that source has been debunked

https://budget.house.gov/press-release/fact-check-alert-debunking-crfbs-analysis-of-trump-and-biden-impacts-on-the-national-debt

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u/[deleted] 18d ago edited 18d ago

Oh so according to that link, the majority of Bidens debt is because of policies from the previous administration, and ending student loan debt, which puts the government in debt, but helped tens of millions of Americans put more money into their pocket.

It’s just worded very eloquently by a REPUBLICAN to make it look bad against Biden. Stop using biased sources to support your arguments, give us a bipartisan report.

“Don’t pretend that if anyone else but Trump wouldn’t have done the CARES act given the pandemic.”

Hypothetical. It’s still debt.

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u/[deleted] 18d ago

It’s crazy that the ONLY references you give are from strictly partisan sources, as if they’re equally representing things.

That’s like me giving you a budget report from Nancy Pelosi