Obama - 0.8T; Trump 3.6T; Biden - $1.9T plus $2T jobs bill to come

mark46 · Mar 1, 2021

Republicans fought and whined about the Obama stimulus package for 10 years. It totaled $0.8T.

Under Trump, the total of the three packages was $3.6T.

Under Biden, the first law will total about $1.9T or perhaps a bit less. The BBB (Build Back Better) law will likely be about the same size (and require the same 50 votes in the Senate). If we estimate $1.7B, the Biden total will equal the Trump total.

LET'S BE CLEAR
The economy may "need" $1T of stimulus. As long as interest rates can be kept down (after the latest increase), the economy will boom, now including the entertainment, travel and tourist and restaurant sectors.

In-Christ-Alone · Mar 1, 2021

mark46 said:
Republicans fought and whined about the Obama stimulus package for 10 years. It totaled .8T.

Under Trump, the total of the three packages was $3.6T.

Under Biden, the first law will total about $1.9T or perhaps a bit less. The BBB (Build Back Better) law will likely be about the same size (and require the same 50 votes in the Senate).
I we estimated $1.7B, the Biden total will equal the Trump total.

LET'S BE CLEAR
The economy may "need" $1T of stimulus. As long has interest rates can be kept down (after the latest increase), the economy will boom, now including the entertainment, travel and tourist and restaurant sectors.

Obama and Biden are the WORST that has happened to the USA! Both totally USELESS POTUS!

Pommer · Mar 1, 2021

In-Christ-Alone said:
Obama and Biden are the WORST that has happened to the USA! Both totally USELESS POTUS!

Thank you for your strong opinions on the matter!
Please tell us how much better it was with President Trump!

Halbhh · Mar 1, 2021

mark46 said:
Republicans fought and whined about the Obama stimulus package for 10 years. It totaled .8T.

Under Trump, the total of the three packages was $3.6T.

Under Biden, the first law will total about $1.9T or perhaps a bit less. The BBB (Build Back Better) law will likely be about the same size (and require the same 50 votes in the Senate).
I we estimated $1.7B, the Biden total will equal the Trump total.

LET'S BE CLEAR
The economy may "need" $1T of stimulus. As long has interest rates can be kept down (after the latest increase), the economy will boom, now including the entertainment, travel and tourist and restaurant sectors.

Yes, in theory one could overheat the economy and get to inflation, which would be something we haven't seen much of in a really long time, due to the powerful deflationary forces in the world like the Global excess savings glut, and the continuing powerful increases in manufacturing productivity over the last 20 years. I'm...not at all convinced we can make inflation pick up a lot tho. We are still in some strong trends that work against it. It would take watching. One could easily help against any future inflation and future rising interest rates in a future booming economy though with some carefully balanced future tax increases to reduce deficit spending. If we greatly reduced deficit spending in that situation, it would moderate inflation.

In-Christ-Alone · Mar 1, 2021

Pommer said:
Thank you for your strong opinions on the matter!
Please tell us how much better it was with President Trump!

firstly, what Trump did on the issue of "legal murder", as in abortion, is one of the best things ever done by a leader. This is a huge issue around the world. I am not a big fan of Trump.

Halbhh · Mar 1, 2021

In-Christ-Alone said:
firstly, what Trump did on the issue of "legal murder", as in abortion, is one of the best things ever done by a leader. This is a huge issue around the world. I am not a big fan of Trump.

One of the things Trump did: brought back federal executions --

In Trump’s final days, a rush of federal executions

The Catholic church pro life position is against the death penalty, and not only because it sometimes kills entirely innocent people wrongly convicted of crimes they did not commit. That is one real problem. Very real.

Innocenceproject.org › exonerate
Exonerate the Innocent To date, 375 people in the United States have been exonerated by DNA testing, including 21 who served time on death row.

But not even the primary reason I think. Instead, this is:
Reasonably, a Christian could imagine a sinner being converted, even in prison....

Remember how Trump wanted to execute the Central Park Five -- even took out a big ad.... and then years later it was discovered they were entirely innocent of that crime....

Remember? You might not be old enough to remember that. But I am.

Soyeong · Mar 1, 2021

mark46 said:
Republicans fought and whined about the Obama stimulus package for 10 years. It totaled .8T.

Under Trump, the total of the three packages was $3.6T.

Under Biden, the first law will total about $1.9T or perhaps a bit less. The BBB (Build Back Better) law will likely be about the same size (and require the same 50 votes in the Senate).
I we estimated $1.7B, the Biden total will equal the Trump total.

LET'S BE CLEAR
The economy may "need" $1T of stimulus. As long has interest rates can be kept down (after the latest increase), the economy will boom, now including the entertainment, travel and tourist and restaurant sectors.

The problem that everyone should have with stimulus bills is with all of the pork that is added to them. If they wanted pass a bill that only refund a percentage of the taxes that were deducted from our checks, then I don't think that most Republicans would have had a problem with that. However, we need to be able to get back to work much more than we need a stimulus.

In-Christ-Alone · Mar 1, 2021

Halbhh said:
One of the things Trump did: brought back federal executions --

In Trump’s final days, a rush of federal executions

The Catholic church pro life position is against the death penalty, and not only because it sometimes kills entirely innocent people wrongly convicted of crimes they did not commit. That is one real problem. Very real.

Innocenceproject.org › exonerate
Exonerate the Innocent To date, 375 people in the United States have been exonerated by DNA testing, including 21 who served time on death row.

But not even the primary reason I think. Instead, this is:
Reasonably, a Christian could imagine a sinner being converted, even in prison....

So the Holy Bible, God's Infallible Word to the human race, is wrong, when it very clearly says that murder is punishable by death? Just because man-made "laws" say otherwise?

Genesis 9:6, "Whoso sheddeth man's blood, by man shall his blood be shed: for in the image of God made he man."

Exodus 24:14, "But if a man acts with premeditation against his neighbor, to kill him by treachery, you shall take him from My altar, that he may die"

Leviticus 21:17, “Whoever takes a human life shall surely be put to death."

Numbers 35:20-21, " And if he pushed him out of hatred or hurled something at him, lying in wait, so that he died, or in enmity struck him down with his hand, so that he died, then he who struck the blow shall be put to death. He is a murderer. The avenger of blood shall put the murderer to death when he meets him"

Numbers 35:31, “Moreover, you shall accept no ransom for the life of a murderer, who is guilty of death, but he shall be put to death”

Matthew 5:21-22, “You have heard that it was said to those of old, ‘You shall not murder, and whoever murders will be in danger of the punishment.’ Moreover, I say to you that whoever is angry with his brother without a cause shall be in danger of the punishment. And whoever says to his brother, ‘Raca!’ shall be in danger of the council. But whoever says, ‘You fool!’ shall be in danger of hell fire. .”

Revelation 21:8, "But the cowardly, the unbelieving, the vile, the murderers, the sexually immoral, those who practice magic arts, the idolaters and all liars—they will be consigned to the fiery lake of burning sulfur. This is the second death.”

Halbhh · Mar 1, 2021

In-Christ-Alone said:
So the Holy Bible, God's Infallible Word to the human race, is wrong, when it very clearly says that murder is punishable by death? Just because man-made "laws" say otherwise?

Genesis 9:6, "Whoso sheddeth man's blood, by man shall his blood be shed: for in the image of God made he man."

Exodus 24:14, "But if a man acts with premeditation against his neighbor, to kill him by treachery, you shall take him from My altar, that he may die"

Leviticus 21:17, “Whoever takes a human life shall surely be put to death."

Numbers 35:20-21, " And if he pushed him out of hatred or hurled something at him, lying in wait, so that he died, or in enmity struck him down with his hand, so that he died, then he who struck the blow shall be put to death. He is a murderer. The avenger of blood shall put the murderer to death when he meets him"

Numbers 35:31, “Moreover, you shall accept no ransom for the life of a murderer, who is guilty of death, but he shall be put to death”

Matthew 5:21-22, “You have heard that it was said to those of old, ‘You shall not murder, and whoever murders will be in danger of the punishment.’ Moreover, I say to you that whoever is angry with his brother without a cause shall be in danger of the punishment. And whoever says to his brother, ‘Raca!’ shall be in danger of the council. But whoever says, ‘You fool!’ shall be in danger of hell fire. .”

Revelation 21:8, "But the cowardly, the unbelieving, the vile, the murderers, the sexually immoral, those who practice magic arts, the idolaters and all liars—they will be consigned to the fiery lake of burning sulfur. This is the second death.”

you could please read the rest of that post you responded to, about executing entirely innocent people.. but then there is a 2nd thing...below, about the actually guilty:

3 The teachers of the law and the Pharisees brought in a woman caught in adultery. They made her stand before the group 4 and said to Jesus, “Teacher, this woman was caught in the act of adultery. 5 In the Law Moses commanded us to stone such women.Now what do you say?” 6 They were using this question as a trap,in order to have a basis for accusing him.

But Jesus bent down and started to write on the ground with his finger. 7 When they kept on questioning him, he straightened up and said to them, “Let any one of you who is without sin be the first to throw a stone at her.” 8 Again he stooped down and wrote on the ground.

9 At this, those who heard began to go away one at a time, the older ones first, until only Jesus was left, with the woman still standing there. 10 Jesus straightened up and asked her, “Woman, where are they? Has no one condemned you?”

11 “No one, sir,” she said.

“Then neither do I condemn you,” Jesus declared. “Go now and leave your life of sin.”

In-Christ-Alone · Mar 1, 2021

Halbhh said:
One of the basic ideas in 'stimulus' during very large downturns in an economy is to try to moderate/slow down/reduce millions of homeowners that lost jobs from also losing their homes and thus crashing the economy in all the foreclosures and banking crisis (banks collapsing) that would come of it.

3 The teachers of the law and the Pharisees brought in a woman caught in adultery. They made her stand before the group 4 and said to Jesus, “Teacher, this woman was caught in the act of adultery. 5 In the Law Moses commanded us to stone such women.Now what do you say?” 6 They were using this question as a trap,in order to have a basis for accusing him.

But Jesus bent down and started to write on the ground with his finger. 7 When they kept on questioning him, he straightened up and said to them, “Let any one of you who is without sin be the first to throw a stone at her.” 8 Again he stooped down and wrote on the ground.

9 At this, those who heard began to go away one at a time, the older ones first, until only Jesus was left, with the woman still standing there. 10 Jesus straightened up and asked her, “Woman, where are they? Has no one condemned you?”

11 “No one, sir,” she said.

“Then neither do I condemn you,” Jesus declared. “Go now and leave your life of sin.”

Did you not read the word "murder" in my response? Genesis 9:6 tells you why this is very serious

Halbhh · Mar 1, 2021

In-Christ-Alone said:
Did you not read the word "murder" in my response? Genesis 9:6 tells you why this is very serious

Listen to Christ.

mark46 · Mar 1, 2021

Halbhh said:
. We are still in some strong trends that work against it. It would take watching. One could easily help against any future inflation and future rising interest rates in a future booming economy though with some carefully balanced future tax increases to reduce deficit spending. If we greatly reduced deficit spending in that situation, it would moderate inflation.

I agree, but we are likely talking about $10T of additional deficits under Trump and Biden, $7B just from the COVID bills. I doubt that we will see any significant tax increases in the next 4 years.

Pommer · Mar 1, 2021

In-Christ-Alone said:
firstly, what Trump did on the issue of "legal murder", as in abortion, is one of the best things ever done by a leader. This is a huge issue around the world. I am not a big fan of Trump.

And what did President Trump do that you found appropriate?

mark46 · Mar 1, 2021

Soyeong said:
The problem that everyone should have with stimulus bills is with all of the pork that is added to them. If they wanted pass a bill that only refund a percentage of the taxes that were deducted from our checks, then I don't think that most Republicans would have had a problem with that. However, we need to be able to get back to work much more than we need a stimulus.

When we talk about "going back to work", we are primarily talking about restaurants, entertainment, travel and tourism. Real stimulus money (direct checks and unemployment) will be spent, helping the economy, and lifting these industries.

In-Christ-Alone · Mar 1, 2021

Pommer said:
And what did President Trump do that you found appropriate?

Opinion | Trump's anti-abortion agenda has begun an all-out war on women's rights

Halbhh · Mar 1, 2021

mark46 said:
I agree, but we are likely talking about $10T of additional deficits under Trump and Biden, $7B just from the COVID bills. I doubt that we will see any significant tax increases in the next 4 years.

That's likely correct one would think. But...imagine a far better scenario: so much economic growth, so strong and big, that finally actual meaningful inflation does start -- ...well, if you think on it, that's a great problem to have...then ideally you'd reduce deficit spending, and be in a relatively better situation than we've seen in decades.

friend of · Mar 2, 2021

OKay, but Biden isn't even 2 full months into his tenure and he's already at 1.9T

mnorian · Mar 2, 2021

In-Christ-Alone said:
firstly, what Trump did on the issue of "legal murder", as in abortion, is one of the best things ever done by a leader. This is a huge issue around the world. I am not a big fan of Trump.

Do you campaign against abortion in the UK?

Abortion is available legally throughout the United Kingdom of Great Britain and Northern Ireland. In Northern Ireland abortion does not constitute a criminal offence after sections of the Offences against the Person Act 1861 were repealed in October 2019.

What are the UK's laws on abortion?

KCfromNC · Mar 2, 2021

friend of said:
OKay, but Biden isn't even 2 full months into his tenure and he's already at 1.9T

Yes, there's a pattern of incoming Democratic administrations needing to prop up the failed economic policies of the previous GOP presidents - Trump, Bush Jr. and Bush Sr.. all left economies in trouble, the first two after large tax cuts for the rich. When responsible adults were elected, they're left to clean up that mess, which naturally costs money.

whatbogsends · Mar 2, 2021

friend of said:
OKay, but Biden isn't even 2 full months into his tenure and he's already at 1.9T

Trump supposedly had "the best economy ever", but the deficit increased under his stewardship. He was artificially pumping up the economy with debt, which will ultimately need to be paid for.

Obama - 0.8T; Trump 3.6T; Biden - $1.9T plus $2T jobs bill to come

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