Destiny
👤 PersonAppearances Over Time
Podcast Appearances
Yeah. Okay. Wait, real quick. So for instance, like Donald Trump wanted to punish China and he wanted to bring a microprocessor manufacturer to the United States. Biden did that with legislation with the CHIPS Act. You talk about like spending being out of control. And I mean, I can agree with that. I think anybody that looks at the numbers has to agree with that.
Yeah. Okay. Wait, real quick. So for instance, like Donald Trump wanted to punish China and he wanted to bring a microprocessor manufacturer to the United States. Biden did that with legislation with the CHIPS Act. You talk about like spending being out of control. And I mean, I can agree with that. I think anybody that looks at the numbers has to agree with that.
Yeah. Okay. Wait, real quick. So for instance, like Donald Trump wanted to punish China and he wanted to bring a microprocessor manufacturer to the United States. Biden did that with legislation with the CHIPS Act. You talk about like spending being out of control. And I mean, I can agree with that. I think anybody that looks at the numbers has to agree with that.
But why not pass legislation like the Inflation Reduction Act, which is at least like spending neutral?
But why not pass legislation like the Inflation Reduction Act, which is at least like spending neutral?
But why not pass legislation like the Inflation Reduction Act, which is at least like spending neutral?
Okay, so then just to understand, so if somebody just did massive reductions in tax receipts, so tax cut after tax cut after tax cut, but they didn't change spending at all, you wouldn't consider that an increase in deficit spending or out-of-control spending? You would just say they're just tax cuts?
Okay, so then just to understand, so if somebody just did massive reductions in tax receipts, so tax cut after tax cut after tax cut, but they didn't change spending at all, you wouldn't consider that an increase in deficit spending or out-of-control spending? You would just say they're just tax cuts?
Okay, so then just to understand, so if somebody just did massive reductions in tax receipts, so tax cut after tax cut after tax cut, but they didn't change spending at all, you wouldn't consider that an increase in deficit spending or out-of-control spending? You would just say they're just tax cuts?
Okay. So then was it under Trump then when he did the tax?
Okay. So then was it under Trump then when he did the tax?
Okay. So then was it under Trump then when he did the tax?
I agree. But we're in a post, how many trillions of dollars have been dumped in worldwide that are leading to inflation? The inflation is a worldwide issue right now because of the economy shutting down for a year or two. It's not like those effects are gone and one year, right? COVID might be gone, but the after effects of all the stimulus spending and the unemployment and everything else.
I agree. But we're in a post, how many trillions of dollars have been dumped in worldwide that are leading to inflation? The inflation is a worldwide issue right now because of the economy shutting down for a year or two. It's not like those effects are gone and one year, right? COVID might be gone, but the after effects of all the stimulus spending and the unemployment and everything else.
I agree. But we're in a post, how many trillions of dollars have been dumped in worldwide that are leading to inflation? The inflation is a worldwide issue right now because of the economy shutting down for a year or two. It's not like those effects are gone and one year, right? COVID might be gone, but the after effects of all the stimulus spending and the unemployment and everything else.
Sure. I agree. But there's also the definition of when do you deficit spend is when economies are headed for recessions, right? Rather than when economies are doing really well, like they were under Trump and he was deficit spending, whereas Biden can at least make the argument that I ought to be deficit spending because the economy is heading for potentially
Sure. I agree. But there's also the definition of when do you deficit spend is when economies are headed for recessions, right? Rather than when economies are doing really well, like they were under Trump and he was deficit spending, whereas Biden can at least make the argument that I ought to be deficit spending because the economy is heading for potentially
Sure. I agree. But there's also the definition of when do you deficit spend is when economies are headed for recessions, right? Rather than when economies are doing really well, like they were under Trump and he was deficit spending, whereas Biden can at least make the argument that I ought to be deficit spending because the economy is heading for potentially
Every economist.
Every economist.