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Economy/Business / Re: First-quarter GDP growth revised down to 1.3% rate
« Last post by LMAO on Today at 06:20:06 pm »As a obsessvie fiscal hawk, heere is my POTUS grades of my lifetime,
Biden- F The worst of my lifetime, man is taking us off a cliff
Trump- D- Promised fiscal restraint. Not only didn't deliver, but incurred more debt (even inflation adjusted) than any prior POTUS. Did like regulatory restraint, which was a good start
Obama- F- QE I, QEII, QEIII. He was a pioneer in loving exponential excessive debt.
Bush II- D All I want to add is just what was the return on investment of the WOT? Sucked
Clinton- D+ Favorable only and mostly because Newt's congressional initiatives. Deep down Slick Willie was still a tax and spend liberal.
Bush I- C- Cratered to the left by ditching the main taxation tenants of Reagonomics.
Reagan- B- Actually the gold standard of our lifetime, but still was no Calvin Coolidge.
Carter- F Laughng stock, in financial terms, who was way over his head. As bad as Jimmuh was, he still doesn't touch Biden
Ford- D WIN (Whip Inflation Now) The original RINO was convinced we could manage the malaise with slogans
Nixon- D+ Wage Price Controls, Off fold standard, Then watch inflation rise up to 12%, and GDP losses approaching 5%? Yeah, he inheritied some of the damage, but he didn't do much to improve the situation
I’ve been watching this Javier Milei of Argentina and, even though I’m heterosexual, I get aroused.
Chile was an economic and inflationary mess with government owning industries and stifling regulations and protectionist tariffs until Pinochet. The difference is Milei was elected.
If he succeeds, Argentina will become an economic success story