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A comment on Joe Biden stands down as Democratic candidate. Parent comment

Re:Joe Biden stands down as Democratic candidate by vlovich123 on Sunday July 21, 2024 @03:11PM (#41027370)
Arguably he saved the US from a major recession that all the experts were predicting post COVID. But avoiding a disaster is harder to campaign on.
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Re:Joe Biden stands down as Democratic candidate by votepaunchy on Sunday July 21, 2024 @04:01PM (#41027682)
Difficult to have a recession when the federal deficit is 6.3% of GDP:

https://www.cbo.gov/publication/59727

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Re:Joe Biden stands down as Democratic candidate by seaal on Sunday July 21, 2024 @04:37PM (#41027889)
Looking at those charts makes Biden's presidency look even more successful to me given everything he walked into.
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Re:Joe Biden stands down as Democratic candidate by jeffbee on Sunday July 21, 2024 @06:18PM (#41028749)
The US economy is extremely robust right now and the European countries that took a balanced budget austerity approach are in shambles. Look at England. Just carnage over there.

Deficit spending makes sense when the spending invests in the future. Every mortgage holder understands this implicitly. If these deficit levels concern you the obvious first place to start would be on the revenue side, by letting the Trump 2017 tax cuts expire.

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