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Are we on the verge of a civil war?
(08-16-2023, 09:00 PM)GMDino Wrote: One more thing about the "per capita" comparison.  I was thinking about this on the way home.

Let's say four states of equal population distribute an equal amount of welfare.

$1000 per state.

Each state has 1000 people.

When asked who gives out the most welfare they would all be equal.

But each state has unique requirements for who is eligible for all the different kinds of welfare so each state distributes that $1000 to a different number of people.

State A gives $1 to all 1000 citizens.
State B gives $5 to 200 citizens.
State C gives $10 to 100 citizens.
State D gives $1000 to 1 citizen.

Ranked per capita "D" obviously gives the most even though they all give the exact same amount.

I think that's the way it would be.

I don't think the 63% of Americans who say Biden's economy sucks could care less about this crap. Why? Because the 63% are not getting handouts. They are not getting investment loans students paid to colleges eliminated or a lot of the debt removed. They are the ones who could not afford to go to college, now they see Biden wanting to give another 40 billion dollars to Ukraine. 

The 63% number includes all parties so the largest party Democrat has many of their own hurting financially under Biden. Today was the 1 year anniversary of the Biden reduction inflation act. Biden admitted he lied, it was not an inflation act. 

https://www.bloomberg.com/news/articles/2023-08-16/total-cost-of-joe-biden-s-inflation-reduction-act-is-rising-one-year-later#xj4y7vzkg

Over 1 trillion dollars and we have inflation again moving in the wrong direction. At this pace, inflation under Biden will be 30% and Biden has added almost 5 trillion of debt.

https://news.yahoo.com/fact-check-biden-tells-three-230033705.html?fr=yhssrp_catchall
He also lies every time he discusses the economy. 
In addition, Biden repeated one false and previously debunked political boast. As he did earlier this year and during the 2022 midterm elections, he wrongly asserted that he has significantly reduced the national debt, which has actually increased significantly during his presidency. He was once again mixing up the debt with the deficit; the White House made a correction in the official transcript, as it previously did with a transcript in February when Biden did the same thing.

Biden and the national debt

Biden claimed, “And unlike the last president, in my first two years in office, even with all we’ve done – I’m the first one to cut the federal debt by $1 trillion $700 billion.”

Facts First: This is false, as the White House implicitly acknowledged in the official transcript by striking through the word “debt” and replacing it with “deficit.” As CNN noted in February, when Biden made a near-identical claim, Biden has not reduced the national debt (the accumulation of federal borrowing plus interest owed); in fact, the national debt has increased from about $27.8 trillion on Biden’s first day in office in 2021 to about $32.7 trillion today, though it’s important to note that debt increases are not solely the fault of any current president. It is the federal deficit – the one-year difference between spending and revenues – that declined by roughly $1.7 trillion between fiscal 2020 and fiscal 2022, from about $3.1 trillion to about $1.4 trillion.

And the debt-versus-deficit mix-up is not the only issue with Biden’s claim.

As CNN has repeatedly noted, it is highly questionable how much credit Biden deserves for the $1.7 trillion decline in the deficit, since the decline happened overwhelmingly because emergency pandemic spending from the end of President Donald Trump’s administration expired as planned. In fact, independent analysts say Biden’s own new laws and executive actions have significantly added to current and projected future deficits, not reduced those deficits.
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First 6 years BB - 41 wins and 54 losses with 1-1 playoff record with 2 teams Browns and Pats
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RE: Are we on the verge of a civil war? - Luvnit2 - 08-16-2023, 09:27 PM

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