Posted on 03/27/2025 5:38:25 PM PDT by MinorityRepublican
Team Trump is battling not only the Democrats and the stock market, but a huge and unproductive spending spree that Joe Biden unleashed in the final months of his presidency, On The Money has learned.
It was an attempt to goose the economy and the markets — so people could forget Kamala Harris was an empty suit on policy and get her elected last fall.
The good news: It didn’t work for Harris.
The bad news: The bill is coming due.
During the campaign, whispers of Sleepy Joe’s Harris-related spending spree leaked out of the Trump campaign from time to time. But now that the Trumpers are in the White House, they’re starting to tally it up.
The numbers are anywhere between $250 billion and $300 billion, depending on how you measure and classify the largesse. Robbert van Batenburg, of the influential Bear Traps market report, says his analysis backs up those estimates. Wall Street executives who delved into the matter say the Bidenistas were able to paper over the spending though the chicanery of rolling over short-term debt instead of issuing longer-dated bonds that would have caused a spike in interest rates, a stock market selloff and probably a recession.
However big the bill, everyone agrees that it’s a lot of money that the bloated federal government doesn’t have. You can’t roll over debt forever because investors get wise to the game and then keep demanding ever higher interest rates to lend the government money.
(Excerpt) Read more at nypost.com ...
Democrats Smearing Trump For the Biden Economy https://tinyurl.com/ycy7y4rx
Left doesn’t care.
later
Didn’t James O’Keefe get some government employee to admit they were just throwing money out the door?
This sums up the 4-years of Team Biden.
Hospice can be expensive.
Biden didnt do anything, his hired goons did it all..Biden was half dead, needed cookie crumbs like Hansel and Gretal to show him where to go
Left doesn’t care
They will always have the Praetorian Guard to cover for them.
I think they described it as ‘throwing gold bars off the Titanic’
Bottom line he AND they are responsible.
Bottom line he AND they are responsible.
Jill and everyone else knew/knows about his condition and they, all of them, gleefully took advantage of the situation.
They weren’t even his hired goons. Biden was like Capt. Crunch. His pucture was on the box, but that’s all.
bump
“Didn’t James O’Keefe get some government employee to admit they were just throwing money out the door?”
Actually, he admitted they were throwing “gold bars” out the door.
BTTT
"Bidenistas were able to paper over the spending though the chicanery of rolling over short-term debt instead of issuing longer-dated bonds that would have caused a spike in interest rates, a stock market selloff and probably a recession"
Yeppers, kinda like your parents going out of town.
PARTY
Biden didn’t know who he himself was much of the time, let alone others, before he even got into the big chair, so he likely had no clue about most things that went on during his 4 years stinking it up while he sat in it.
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