1/23
@
Remittancegirl@mstdn.social
I always knew this, vaguely - that the myth of Republican fiscal responsibility and restraint was a lie, but this graphic really brings it home:
2/23
@
caragraph@f.cz
@Remittancegirl We need two more columns that show how much of that burden was shifted to redistribute wealthIn republican administration's the top 1% have been systematically siphoning off as much as they possibly can, as allowed by constituencies and the lawAnd in this current administration, those guardrails have vanished
3/23
@
monkeyben@mastodon.sdf.org
@caragraphYep, they don't create that deficit by spending on public services, it's all tax breaks for the billionaires.@Remittancegirl
4/23
@
EndicottAuthor@mastodon.social
@Remittancegirl I've always wondered if the point of Republican administrations is to trash the economy and make the Democrats clean up after them. Perhaps the idea is that Dems can't pass social reform when the economy is in tatters.
5/23
@
nazokiyoubinbou@mastodon.social
@EndicottAuthor @Remittancegirl No, you give them *FAR* too much credit for thinking ahead.It's just as simple as they trash everything they can trying to make a buck for themselves and their sponsors without caring about the future one way or the other.The two biggest things keeping Democrats from passing social reform is that A. 3/4 of them are conservatives who just didn't want to take up the swastika and B. diehard Republicans like Mitch McConnel do everything possible to stop progress.
6/23
@
dumbledope@mastodonapp.uk
@EndicottAuthor @Remittancegirl
The GOP used a Two Santa Clauses tactic to con America for nearly 40 years
7/23
@
waltertross@mastodon.online
@Remittancegirl I and possibly others would need a source for this data before boosting
8/23
@
boscoandpeck@universeodon.com
@waltertross @Remittancegirl have to agree with this. Seems too good to be true
9/23
@
Puck@y.cubalibre.social
@waltertrossThat's true! I removed my boost.Going to boost again if and when some kind of source is provided.@Remittancegirl
10/23
@
Twig@mastodonapp.uk
@Remittancegirl I'm guessing this is similar in the UK
11/23
@
claudelavoie@mstdn.ca
@Remittancegirl source(s)? please
12/23
@Remittancegirl
@claudelavoie no idea. The numbers are pretty plain. I guess you can search them
13/23
@
stalbaum@mastodon.social
@Remittancegirl which is kind of hard to talk about when most Republicans I know can't define the deficit, it's relationship to national debt, or to distinguish either from trade deficits. Blame the Wharton School for Trump believing that a trade imbalance is the same thing as national debt. As long as the Dunning-Krugers rule this country, explaining that it is the toaster burning your dikk simply is not going to help. Sadly.
14/23
@
walshman23@mastodon.social
@Remittancegirl You'll be unshocked to learn that this pattern is seen also in real GDP growth, inflation, unemployment, stock market returns, real income growth, and even corporate profits. The small N makes *some* of these associations *statistically* insignificant, but I think it's fair to consider them, at a minimum, as food for thought.
U.S. economic performance by presidential party - Wikipedia
15/23
@vruz
@Remittancegirl There are various different, non-exclusive ways to read this.One is the obvious that they're Nazi monsters, and they transferred obscene amounts of wealth from the working class to the elites, their bankrollers, and other groups of interest.Another is that Democrats didn't transfer as much to those same groups, but at the same time they didn't do anything to restore to the working class what had been stolen from them.
16/23
@
old_hippie@veganism.social
@Remittancegirl
What does every Wall Street crash have in common? Republicans
17/23
@
Christo_459@mastodon.me.uk
@Remittancegirl And I'd bet most of that went into their pockets
18/23
@
zoeking@mastodon.social
@Remittancegirl the same is true in Canada. Conservatives have a(n unearned) reputation for being good with money, but they regularly run up debt. Provincially, NDP frequently clean up the fiscal messes the Cons make.
19/23
@
hllizi@hespere.de
@Remittancegirl #alttext4uJimmy CarterAdded $25 billionto the deficit.George H.W. BushAdded $102 billionto the deficit.Ronald ReaganAdded $74 billion.That seemed badat the time; justyou wait.Bill ClintonReduced the deficit by$383 billion, leavingthe budget in surpluswhen he left officeGeorge W. BushAdded $1.54 trillionto the deficit.Donald TrumpAdded $2.1 trillionto the deficit.Barack ObamaGot the deficit downto $585 billion; thatis, he reduced it by$825 billion.
20/23
@
hllizi@hespere.de
@Remittancegirl Joe BidenReduced thedeficit by about$942 billion.
21/23
@Remittancegirl
@hllizi thank you!!! Copied and pasted in the alt text!
22/23
@
rasterweb@mastodon.social
@Remittancegirl Source of some information...
How the past five presidents affected the deficit
23/23
@
Minnesota411988@mastodon.social
@Remittancegirl Having lived this since my first election as a voter in 1980, the fact that this has almost been a secret has been very frustrating. What we see with our own eyes in real time gets memory-holed. At some point will American voters see what is before them and remember?
To post posts in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
. Furthermore what happened after ?
