Comments by "" (@charlesvan13) on "Biden blames ‘mega MAGA’ for economic woes" video.

@nonameissafer.8457 "Economy was in the tank when he took office." Not true. Inflation was 1.4%, a bull stock market and low unemployment. Democrat politicians were paying laborers to not work. That caused supply chain shortages. Instead of addressing the supply chain shortages, Biden dumped a trillion dollars of cash on it with the ARP. That caused inflation immediately to jump to 5%. The Democrats then ignored the problem and passed another huge spending bill in Fall 2021 causing 10% inflation. That then caused the stock market to tank in 2022.
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@BigKandRtv That was compensation for government shutdowns. And Democrats complained that he didn't shut things down enough.
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@BigKandRtv It's not complicated. There were supply chain problems, causing shortages. The ARP dumped cash on the demand said, when the supply side had serious problems. Inflation is caused by too much cash chasing too few goods. "Trump's lowest Dow Jones numbers were: 25,349. Biden's lowest Dow Jones number is: 25,204." Is that supposed to make Biden look good? The major indexes Dow, S and P 500, are basically where they were when Trump left. The crash in 2022 wiped out all gains in 2021. The S & P 500 gained 17% in 2020, even with the COVID shut down.
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Has Biden ever took responsibility for any of the problems he has caused?
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I knew this was going to happen. The average 401k lost $35000 in just one year. Bidenomics is a big punch in the gut for the middle class.
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"Trickle down" actually characterizes the democrats. He gives you a $1000 check in March 2021, and then from the inflation and taking stock market, the average American lost $40,000. Except, "trickle down" implies a positive but small gain. I F-ing lost $39000 in a single year.
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@BigKandRtv You talking gibberish. Governments mandated economic shutdowns. Businesses were compensated. The economy had already recovered in 2020. The stock market gained over 20% in 2020. But Biden killed the recovery in 2021 with his stupid bills.
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@BigKandRtv Biden passed 2 major spending bills in 2021, the "American Rescue Plan" and the Infrastructure Bill in the Fall. Those combined cased 10% inflation. Then in 2022 POTATUS passed the "Inflation Reduction Act" to skeeze more money from the taxpayers. High spending causes inflation, as we have seen. Nobody believes your lies. We saw Biden tank the economy. The average 401k lost $35000 in just this year.
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@BigKandRtv Give it up. I'm not a fool to these desperate tactics. Biden caused inflation with excessive spending during supply shortages. That's not in dispute.
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@BigKandRtv US inflation by month December 31, 2020 1.36% January 20, 2021 POTATUS installed January 31, 2021 1.40% March 11, 2021. ARP signed by POTATUS March 31, 2021 2.62% May 31, 2021 4.99% June 30, 2021 5.39% October 31, 2021 6.22% November 15 2021 POTUS infrast. BIll December 31, 2021 7.04% March 31, 2022 8.54% June 30, 2022 9.06% It's too late, people already hate Biden, and his teem of fools.
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@BigKandRtv So Biden has even failed you Commies. The public has become poorer and the corporations have become rich. Except that's bs. The stock market tanked this year. When you have high inflation, people run out of spending money and the economy shrinks. Thus stagflation.
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@BigKandRtv I have a life outside of comments. And you Biden cultists are just really silly. Biden is the most incompetent president in over a century. All he's done is thoroughly discredit Keynesian economics. He's made all of us poorer, but he has destroyed the credibility of the Democrats.
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@carlostuggle6515 The inflation rate was <1.5% when Trump left, and it didn't start going up until Biden passed the ARP in March 2021. Dude, blaming Trump for Biden's wrecking of economy is not working. These were Biden policies -- supply chain problems and excessive spending. The public isn't buying this lie.
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@nonameissafer.8457 LOL The unemployment rate December 2020 was 3.9%. Dude. You guys are losing big time. Because you can't lie to people that they're better off with 8.5% inflation, tanking stock market, and recession.
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