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slurpeesoforion@startrek.website to News@lemmy.world · 1 year ago

‘No end in sight’: Blackstone CEO doesn't think the US can handle another term under President Biden — or what he calls 'four more years' of debt misery. But is it really that bad?

finance.yahoo.com

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‘No end in sight’: Blackstone CEO doesn't think the US can handle another term under President Biden — or what he calls 'four more years' of debt misery. But is it really that bad?

finance.yahoo.com

slurpeesoforion@startrek.website to News@lemmy.world · 1 year ago
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Plus the billionaire's reasons for remaining optimistic about 2024.
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  • dhork@lemmy.world
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    1 year ago

    If you’re concerned about the deficit, you should vote for the Democrat.

    https://www.politifact.com/factchecks/2019/jul/29/tweets/republican-presidents-democrats-contribute-deficit/

    Reagan took the deficit from $70 billion to $175 billion. Bush 41 took it to $300 billion. Clinton got it to zero. Bush 43 took it from zero to $1.2 trillion. Obama halved it to $600 billion. Trump’s got it back to a trillion."

    Politifact rates that Mostly True. This is dated before the Biden Administration, of course.

    • Diplomjodler@feddit.de
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      1 year ago

      You can bet your ass that this fucker knows this perfectly well. Just the fact that this dude has the gall to tell such a bald faced lie shows how little facts count in US politics.

  • Blackbeard@lemmy.world
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    6 months ago

    .

  • nicetriangle@kbin.social
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    1 year ago

    This is that fucking leach of a company that has been buying up shitloads of single family homes around the US to extort insane rent out of everybody.

    If this slimy fuck doesn’t like the current admin, then it must be doing something right.

  • slurpeesoforion@startrek.websiteOP
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    1 year ago

    I didn’t want to editorialize my post. But fuck this guy.

  • breadsmasher@lemmy.world
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    1 year ago

    https://lemmy.world/pictrs/image/97810b8f-ebcb-4135-9120-855e4bb8b0d3.png

    When was Biden elected? When was trump elected? Hmm

    Facts First: Biden’s claim is correct. The national debt, now more than $31 trillion, increased by just under $8 trillion during Trump’s four years in office, in part because of Trump’s major tax cuts.

    https://edition.cnn.com/politics/live-news/biden-state-of-the-union-2023/h_5b5f31cc803b23a2f169ce9a5fe3452d

  • originalucifer@moist.catsweat.com
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    1 year ago

    this is the same old song and dance whenever a democrat is in office… we suddenyl cant afford anything, and were about to collapse… but when a republican gets into office its tax-cuts alll the way regardless of debt. debt is never even mentioned.

    this is all a complete waste of time… ‘news’

  • queermunist she/her@lemmy.ml
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    1 year ago

    He’s half right, but it’ll be because the QOP is going push open secession. The debt is dork shit, I’m keeping my eyes on the Texas border 👀

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