Posted on 03/13/2022 3:06:28 PM PDT by Rummyfan
The press has set the bar so low for Joe Biden that when he makes a public appearance, it is considered a triumph if he manages to stay upright. No one expects anything he says to be coherent, and blatant disregard of the facts is overlooked. But it isn’t only Slow Joe: the Democrats’ policies have run head-on into reality, and none of their leaders can comment publicly without telling whoppers.
Like Nancy Pelosi, who assures us in this clip–deemed notable by The Hill, generally a Democratic Party mouthpiece–that government spending reduces the national debt and doesn’t contribute to inflation:
The Hill
@thehill
.@SpeakerPelosi: "When we're having this discussion, it's important to dispel some of those who say, well it's the government spending. No, it isn't. The government spending is doing the exact reverse, reducing the national debt. It is not inflationary."
This is a new contribution to economic theory that we could dub Pelosinomics: if only we increase government spending enough, we can eliminate the national debt!
(Excerpt) Read more at powerlineblog.com ...
nazis diaper changer says nazi is full of it
So then why was government spending on military needs and the border wall bad Nanzi?
Why is ANY government spending bad then, Nanzi?
“This is a new contribution to economic theory that we could dub Pelosinomics: if only we increase government spending enough, we can eliminate the national debt!”
It’s called “Modern Monetary Theory”, and it’s what’s currently buried deeply in all of our asses/wallets.
“Loopy Friedman” on his best day couldn’t have concocted this B.S.
how can we be out of money?
there are still checks in the checkbook
She knows it’s ludicrous,,
she says this to rub her tyrant genitals in our face.
Mean as$ b!tch.
.
They also consider income tax deductions “spending”, but it only increases debt…
…meanwhile, “Trump’s tax cuts” resulted in record tax revenue.
They’re whacked, from the top (Pelosi) to the bottom (Smollet)…
I call them Keystone Keynesians (think Keystone Cops).
Where Keynes proposed counter cycle spending a Keystone Keynesian sees bad times as demanding more spending and good times as an opportunity to spend more.
Really they’re past even that low state of affairs as they are no longer pump priming but engaged in economic masturbation … they are legislatively wanking off into the economy with a greedy lust that would shock the sex fiend from the novel Dr Sax.
Why don’t they just pass a 20 trillion spending bill right now and correct everything?
I dont know what the difference doing it all at once versus what they have done since 2008.
LOL! Sad, but true!
Wow.
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