The Obama/Biden/Harris Economic Model: Spend Trillions, Borrow Trillions, Hire Gov’t Workers (Hand Our Grandchildren The HUGE Bill)

There have been to significant jumps in the Federal Debt. The first coming after the financial crisis of 2008 and election of Obama/Biden in 2008. The second with the outbreak of Covid in 2020 and the election of Biden/Harris in 2021.

The Federal (public) debt was just over $10 million when Obama/Biden were elected and it now stands at a staggering $35.7 trillion. That represents over a tripling of the Federal debt under Obama/Biden/Harris. So when asked what she would do diffeerent than Biden, Harris replied “Nothing comes to mind.” That means MORE spending, MORE debt and MORE unproductive Government jobs.

Here is a chart of public debt and GDP under the triumvirate of Obama, Biden and Harris. No, not Julius Caesar, Pompey, and Crassus). But it is feeling like the Roman Empire prior to its collapse.

Here is a chart of government jobs and government expenditures. Great for government workers, bad for everyone else.

Of course, SOMEBODY has to pay the growing gov’t debt burden. Rest assured it won’t be Obama/Biden/Harris.

Here is Obama holding court.

US Dollar Eroded-20% Under Biden/Harris Ring Of Fire (Federal Reserve Was Co-conspirator In Rampant Inflation)

The US has fallen into a Ring of Fire under Biden/Harris horrid economic policiies.

But Biden/Harris had help from their deep state partner, The Federal Reserve.

The purchasung power of the US dollar has fallen by a whopping -20% under Biden/Harris. No wonder Harris is afraid to talk to reporters about her plans.

The children in Congress went on a spending spree as a result of COVID resulting in record inflation.

The deep state’s financing arm, The Federal Reserve, certainly helped create inflation by ramping up M2 Money supply around Covid.

Of course, children in Congress and Harris/Walz will use ANY excuse to tax and spend (and borrow/spend). The most recent inflation report had CPI growng at 2.5% YoY resulting in a further decline of purchasing power of the US dollar of -2.5% YoY.

Harris/Walz fully intend to keep shoveling TRILLIONS into green energy transformation and supporting illegal immigrants.