This is just another example of Trump's blatant dishonesty and malignant narcissism. He and his MAGA sycophantic courtiers take credit for something they had no part in.
AI Overview: "Most economists state that the law did very little to cool the immediate post-pandemic inflation spike, which was instead driven primarily by global supply chains and Federal Reserve monetary policy.
Critics and even some proponents note that the name was largely a misnomer; the legislation was fundamentally a climate, energy, and healthcare package rather than a direct tool to cut consumer prices in the short term."
"The United States national debt surpassed $40 trillion for the first time in August 2026.
The U.S. is on track to borrow more than $2 trillion this year alone, driven heavily by sweeping tax cuts, military spending, and surging interest payments on existing debt."
You never miss a chance to remind us about former President Biden's government spending, and yet never mention what Trump has done just this year alone.
The Trump Administration & HHS: President Donald Trump and Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. orchestrated a "grand bargain" with manufacturers. Utilizing the leverage of a "Most Favored Nation" (MFN) executive order, the administration pressured companies to align their U.S. pricing with the lower rates charged in other developed nations.
Eli Lilly and Novo Nordisk: Under federal pressure, these two leading GLP-1 manufacturers agreed to slash prices for their blockbuster medications—such as Zepbound, Mounjaro, Wegovy, and Ozempic—bringing costs down from over $1,000 to between $245 and $350 a month for eligible consumers.
The TrumpRx Platform: Launched in early 2026, this government-sponsored, direct-to-consumer online marketplace allows consumers to purchase heavily discounted medications directly out-of-pocket without navigating traditional insurance copays.
”The Trump administration is not solely responsible.While the White House credits its "most-favored-nation" deals and the TrumpRx platform for a 3.1% year-over-year drop in prescription drug prices, experts emphasize that market competition, generic product rollouts, and the Biden-era Inflation Reduction Act (which allows Medicare to negotiate prices) are major driving forces.” —PBS
”Experts lauded TrumpRx, the White House's website funneling Americans to the best deals on a variety of prescription drugs, for bringing a helpful resource and more price transparency to the public.
But they said it's unclear how many Americans are making use of the service. In addition, many of the brand-name drugs it has featured are cheaper with insurance or have lower-cost generic versions sold elsewhere.
The White House said the website has generated $700 million in savings for patients but didn't explain how it reached that figure. Democratic Sen. Elizabeth Warren of Massachusetts last week questioned that claim in a letter to the Trump administration, saying Health Secretary Robert F. Kennedy Jr. has admitted that TrumpRx doesn't store patient, health or prescription information.
"Without this information, the accuracy of any claim of savings made by the Trump administration is unreliable," she wrote.
Many consumers still face high drug costs – and rising health costs overall.”
-FJ... thanks for the AI generated response. But I'm sure if you ask your favorite AI "if the TrumpRx Platform actually lowered drug prices for Americans?" You'll get a little, or perhaps a lot more nuance in the answer. Not all good, not all bad.
The Biden IRA was a green-energy $ giveaway that only threw in some Medicaid offsets to sweeten the pot for the very few Democratic legislators that gave a sh*t.
Until the average citizens of this nation actually grasp that the national debt, the great economic inequalities, and the unending wars are actually the result of our capitalist economic and political realities and are built into the system nothing is going to change. It will only get worse.
All administration's since RWR's are responsible for the present circumstances to a greater or lesser degree. Because they have all supported the system responsible for causing it all.
Ms. Shaw, Both biden and trump have a large spending problem and both of them share responsibility for our massive debt. The democrats solution is to tax while the republicans solution is to keep spending. DOGE was a good idea with the wrong messenger and wrong leader. Instead of cutting waste it just increased the cesspool. It is not surprising that the loudest voices against DOGE were the politicians because the may get caught. The name of the bill wasn't a misnomer it was a outrages lie designed to deceive the American people, it worked.
Politicians do not want to curtail spending because it would require making tough decisions like going after fraud at all levels and not funding pet worthless projects in their districts. You believe politicians work for the people, I believe they work to increase their wealth and so far I have been proven right.
Paula, and biden accomplished what specifically. Falsi has been proven wrong with his mask and distance cry. His accomplice is now going to jail and the shutdown has proven to be a disaster harming children and industry.
Close down 750 military bases, curtail the war making budget and return it to a defense budget (say 200 billion), cut ALL association with the Zionist lobby that sucks billions from the USA, stop ALL support for thr genocidal Zionist regime in israel, get the hell out of the ME entirely and leave the region's people to control their own affairs and destiny. That would be just fir starters.
Take every dime saved and invest it in programs and policies that actually benefit the American working class and poor.
But Nooooo, the facist capitalists of greed, corruption, and control can have none of actually doing anything good that makes for a more equitable and economically sustainable life for the non wealthy.
Oh, did I mention eliminating Citizen United and begin taxing corporations and the wealthy that have escaped paying their fair share for far long.
As skud continues to regurgitate the reichwing kool-aid that his Reich Marshall's feed him on FAUX Snooze and OAN, and trump Social.
The economic history of our country, at least up until 1980 was this...
Spend in a crisis and when the crisis is past and when the economy is good, save and pay down the debt. It is a central tenet of US capitalism.
Ronald Reagan upended that system. Reagan was the first to say we can grow the economy so fast, it will overcome all the deficit spending and balance that budget. Since 1980, the Reagan mix of low taxes and surging deficits has become GOP theology, undebatable and a disaster for our nation.
During the 1980s when the GOP went all in on deficits don't matter and claimed we can grow ourselves out of all debt, our debt grew at a rate of over 250%.
Then, after President Clinton signed a series of balanced budgets, the GOP won the White House again in 2000. Under George W. Bush, the Reagan policies of tax cuts paired with heavy spending returned. The result was a staggering 640% negative reversal in our fiscal balance, completely erasing a $236 billion surplus and plunging the nation into a $1.29 trillion annual deficit by 2010.
Then the next decade saw even more spending as we dealt with the pandemic.
By all accounts, our debt is large and our spending out of control as a result of Republican financial policies. It started under Reagan, continued under GW Bush and is a lit fuse on a time bomb under Trump.
But it is not just the presidents. It is their party. In the 1990s while Clinton was president, Congress passed the Omnibus Budget Reconciliation Act of 1993. That bill is widely seen as the first step in finally ending the Reagan era policies of tax cuts AND increased spending. It was passed without a single GOP vote.
Here's what a few GOP leaders had to say about it...
Newt Gingrich... "I believe that that will in fact kill the current recovery and put us back in a recession."
Trent Lott... "The tax increase will kill jobs, kill economic growth, and kill any chance of real deficit reduction."
John Kasich... "This plan does not work... It will not get the deficit down. It is going to cost jobs... The problem with this plan is that it will stifle economic growth."
Phil Gramm... "I believe this program is going to break the economy... This program is a job killer... If we adopt this bill, the American people are going to pay a terrible price. I think the individual who will be shot through the heart by this bill is the average hard-working American."
Every one of these people were GOP leaders. The Democratic reconciliation bill had absolutely no GOP support. Yet everything the GOP claimed was shown to be false. The 1993 bill set the stage for the greatest economic decade in recent US history, completely reversing the illogical policies of the Reagan Admin.
Then Bush II brought the Reagan policies back again.
Sure, both Obama and Biden added to the debt. One following the greatest recession we'd seen in decades, and the other, following a worldwide pandemic. Both of those are perfect examples of times a government SHOULD spend to care for its people.
The Dems have not been perfect on the debt or our budget. But history shows the Dems have been the better party economically for the US. Since the end of the Reagan administration, the Republican Party has not proposed or sponsored a single piece of legislation designed to increase broad federal tax revenues.
The GOP financial record is clear and unassailable.
Based on their policies and actual legislation since the 1980s, the GOP, despite their words, does not believe in sound fiscal policy, federal government spending to benefit the American people, or a balanced budget.
President Trump and the current crop of MAGA Congressional leaders are just the latest in a nearly 50 year history of the GOP gaslighting the American people about our budget.
Now let's add another layer to the GOP claim, which Trump repeats ad nauseam, of fiscal sanity. Or insanity.
Since 1965 only three US presidents have actually cut US spending over the prior year. Anyone care to take a guess as to which presidents they were?
Here's a hint... there's not a Republican among them.
1965... Johnson 2010, 2012, 2013... Obama 2022, 2023... Biden
Did those three get everything right? Not at all. But did any other president in recent US history do what those three did, presiding over an actual drop in year over year US government spending?
No, they did not.
40 trillion in debt folks. While the Dems may be the party of tax and spend, to claim the GOP is the party of balanced budgets and fiscal responsibility is just plain fiction.
trump and his party (as well as those suporting them) are all dishonest. Either that, or they're just ignorant.
ReplyDeleteThe should have been named the great biden give away because as proven it didn't curtail inflation and wasteful government spending.
ReplyDeleteAI Overview: "Most economists state that the law did very little to cool the immediate post-pandemic inflation spike, which was instead driven primarily by global supply chains and Federal Reserve monetary policy.
DeleteCritics and even some proponents note that the name was largely a misnomer; the legislation was fundamentally a climate, energy, and healthcare package rather than a direct tool to cut consumer prices in the short term."
Skud, what do you have to say about this?
Delete"The United States national debt surpassed $40 trillion for the first time in August 2026.
The U.S. is on track to borrow more than $2 trillion this year alone, driven heavily by sweeping tax cuts, military spending, and surging interest payments on existing debt."
You never miss a chance to remind us about former President Biden's government spending, and yet never mention what Trump has done just this year alone.
He loves stolen valor and stealing other people's, like Biden's, accomplishments. Deplorable and despicable.
ReplyDeleteKey Figures and Initiatives
DeleteThe Trump Administration & HHS: President Donald Trump and Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. orchestrated a "grand bargain" with manufacturers. Utilizing the leverage of a "Most Favored Nation" (MFN) executive order, the administration pressured companies to align their U.S. pricing with the lower rates charged in other developed nations.
Eli Lilly and Novo Nordisk: Under federal pressure, these two leading GLP-1 manufacturers agreed to slash prices for their blockbuster medications—such as Zepbound, Mounjaro, Wegovy, and Ozempic—bringing costs down from over $1,000 to between $245 and $350 a month for eligible consumers.
The TrumpRx Platform: Launched in early 2026, this government-sponsored, direct-to-consumer online marketplace allows consumers to purchase heavily discounted medications directly out-of-pocket without navigating traditional insurance copays.
”The Trump administration is not solely responsible.While the White House credits its "most-favored-nation" deals and the TrumpRx platform for a 3.1% year-over-year drop in prescription drug prices, experts emphasize that market competition, generic product rollouts, and the Biden-era Inflation Reduction Act (which allows Medicare to negotiate prices) are major driving forces.” —PBS
Delete”Experts lauded TrumpRx, the White House's website funneling Americans to the best deals on a variety of prescription drugs, for bringing a helpful resource and more price transparency to the public.
DeleteBut they said it's unclear how many Americans are making use of the service. In addition, many of the brand-name drugs it has featured are cheaper with insurance or have lower-cost generic versions sold elsewhere.
The White House said the website has generated $700 million in savings for patients but didn't explain how it reached that figure. Democratic Sen. Elizabeth Warren of Massachusetts last week questioned that claim in a letter to the Trump administration, saying Health Secretary Robert F. Kennedy Jr. has admitted that TrumpRx doesn't store patient, health or prescription information.
"Without this information, the accuracy of any claim of savings made by the Trump administration is unreliable," she wrote.
Many consumers still face high drug costs – and rising health costs overall.”
-FJ... thanks for the AI generated response. But I'm sure if you ask your favorite AI "if the TrumpRx Platform actually lowered drug prices for Americans?" You'll get a little, or perhaps a lot more nuance in the answer. Not all good, not all bad.
DeleteThe Biden IRA was a green-energy $ giveaway that only threw in some Medicaid offsets to sweeten the pot for the very few Democratic legislators that gave a sh*t.
DeleteUntil the average citizens of this nation actually grasp that the national debt, the great economic inequalities, and the unending wars are actually the result of our capitalist economic and political realities and are built into the system nothing is going to change. It will only get worse.
ReplyDeleteAll administration's since RWR's are responsible for the present circumstances to a greater or lesser degree. Because they have all supported the system responsible for causing it all.
Ms. Shaw, Both biden and trump have a large spending problem and both of them share responsibility for our massive debt. The democrats solution is to tax while the republicans solution is to keep spending. DOGE was a good idea with the wrong messenger and wrong leader. Instead of cutting waste it just increased the cesspool. It is not surprising that the loudest voices against DOGE were the politicians because the may get caught. The name of the bill wasn't a misnomer it was a outrages lie designed to deceive the American people, it worked.
ReplyDeletePoliticians do not want to curtail spending because it would require making tough decisions like going after fraud at all levels and not funding pet worthless projects in their districts. You believe politicians work for the people, I believe they work to increase their wealth and so far I have been proven right.
Paula, and biden accomplished what specifically. Falsi has been proven wrong with his mask and distance cry. His accomplice is now going to jail and the shutdown has proven to be a disaster harming children and industry.
Close down 750 military bases, curtail the war making budget and return it to a defense budget (say 200 billion), cut ALL association with the Zionist lobby that sucks billions from the USA, stop ALL support for thr genocidal Zionist regime in israel, get the hell out of the ME entirely and leave the region's people to control their own affairs and destiny. That would be just fir starters.
ReplyDeleteTake every dime saved and invest it in programs and policies that actually benefit the American working class and poor.
But Nooooo, the facist capitalists of greed, corruption, and control can have none of actually doing anything good that makes for a more equitable and economically sustainable life for the non wealthy.
Oh, did I mention eliminating Citizen United and begin taxing corporations and the wealthy that have escaped paying their fair share for far long.
As skud continues to regurgitate the reichwing kool-aid that his Reich Marshall's feed him on FAUX Snooze and OAN, and trump Social.
Here's some history that bears a little heeding.
ReplyDeleteThe economic history of our country, at least up until 1980 was this...
Spend in a crisis and when the crisis is past and when the economy is good, save and pay down the debt. It is a central tenet of US capitalism.
Ronald Reagan upended that system. Reagan was the first to say we can grow the economy so fast, it will overcome all the deficit spending and balance that budget. Since 1980, the Reagan mix of low taxes and surging deficits has become GOP theology, undebatable and a disaster for our nation.
During the 1980s when the GOP went all in on deficits don't matter and claimed we can grow ourselves out of all debt, our debt grew at a rate of over 250%.
Then, after President Clinton signed a series of balanced budgets, the GOP won the White House again in 2000. Under George W. Bush, the Reagan policies of tax cuts paired with heavy spending returned. The result was a staggering 640% negative reversal in our fiscal balance, completely erasing a $236 billion surplus and plunging the nation into a $1.29 trillion annual deficit by 2010.
Then the next decade saw even more spending as we dealt with the pandemic.
By all accounts, our debt is large and our spending out of control as a result of Republican financial policies. It started under Reagan, continued under GW Bush and is a lit fuse on a time bomb under Trump.
But it is not just the presidents. It is their party. In the 1990s while Clinton was president, Congress passed the Omnibus Budget Reconciliation Act of 1993. That bill is widely seen as the first step in finally ending the Reagan era policies of tax cuts AND increased spending. It was passed without a single GOP vote.
Here's what a few GOP leaders had to say about it...
Newt Gingrich... "I believe that that will in fact kill the current recovery and put us back in a recession."
Trent Lott... "The tax increase will kill jobs, kill economic growth, and kill any chance of real deficit reduction."
John Kasich... "This plan does not work... It will not get the deficit down. It is going to cost jobs... The problem with this plan is that it will stifle economic growth."
Phil Gramm... "I believe this program is going to break the economy... This program is a job killer... If we adopt this bill, the American people are going to pay a terrible price. I think the individual who will be shot through the heart by this bill is the average hard-working American."
Every one of these people were GOP leaders. The Democratic reconciliation bill had absolutely no GOP support. Yet everything the GOP claimed was shown to be false. The 1993 bill set the stage for the greatest economic decade in recent US history, completely reversing the illogical policies of the Reagan Admin.
Then Bush II brought the Reagan policies back again.
Sure, both Obama and Biden added to the debt. One following the greatest recession we'd seen in decades, and the other, following a worldwide pandemic. Both of those are perfect examples of times a government SHOULD spend to care for its people.
The Dems have not been perfect on the debt or our budget. But history shows the Dems have been the better party economically for the US. Since the end of the Reagan administration, the Republican Party has not proposed or sponsored a single piece of legislation designed to increase broad federal tax revenues.
The GOP financial record is clear and unassailable.
ReplyDeleteBased on their policies and actual legislation since the 1980s, the GOP, despite their words, does not believe in sound fiscal policy, federal government spending to benefit the American people, or a balanced budget.
President Trump and the current crop of MAGA Congressional leaders are just the latest in a nearly 50 year history of the GOP gaslighting the American people about our budget.
And driving our country into a ditch. Again...
MAGAism isn't driving our country into a ditch, Dave. It's driving ot over the abyss.
ReplyDeleteNow let's add another layer to the GOP claim, which Trump repeats ad nauseam, of fiscal sanity. Or insanity.
ReplyDeleteSince 1965 only three US presidents have actually cut US spending over the prior year. Anyone care to take a guess as to which presidents they were?
Here's a hint... there's not a Republican among them.
1965... Johnson
2010, 2012, 2013... Obama
2022, 2023... Biden
Did those three get everything right? Not at all. But did any other president in recent US history do what those three did, presiding over an actual drop in year over year US government spending?
No, they did not.
40 trillion in debt folks. While the Dems may be the party of tax and spend, to claim the GOP is the party of balanced budgets and fiscal responsibility is just plain fiction.