The Real BIDENOMICS...

@whowasthatmaskedman Good thing the GOP cut $2.1 trillion from his spending spree huh?

@whowasthatmaskedman

@Experienced33 Well Yes.. From the international perspective it is. Or it would have been if any of it had been directed to repaying overseas borrowing. But it wasnt.. Maybe if they sold a few supercarriers.....😷

@whowasthatmaskedman We nned to spend more on defense and not less.

@HoraceGreenley That mirror got you again, didnt it? I dont mind you commenting. Its not as if you have actually facts to bring to the table. But you are entitled to speak, even if its gibberish and other peoples memes,...😷

@whowasthatmaskedman
Economic studies indicate that the optimal amount of money to spend on defense for a nation is 5% of GDP. For America, that means over $1 trill. Right now we are spending $800 billion.

@HoraceGreenley You outspend your nearest rival 2 to 1. And they have an economy that can afford it. You dont..The current US situation can lead Americas future defense down the same path Russia has taken since the Soviet union break up..😷

@whowasthatmaskedman Wrong. Read the studies and the books.

A good summary is "The Rise and Fall of the Great Powers" by Paul Kennedy

@HoraceGreenley Your "optimal amount" is based on the idea that your country pays its way in the world. It doesnt.😷

@whowasthatmaskedman Read the book

I don't know what you are trying to say

@HoraceGreenley No. I agree. You dont know what I am trying to say.. Everything you are claiming is based in two factors. One being that the next war will be a war of aggression like the last. It wont. And that America will be able to use its superior military threat to keep an enemy at a distance, which they wont. You enemy is already in the house and gutting the place and you wont know it till the roof comes down. China can send American industry into a coma simply by stopping component deliveries, and destroy the overseas trade position by removing the $US as the trade currency and forcing the US to pay in anything other than printed $.. And not a shot fired.. The standard of living of 90% of Americans will plummet within months.😷

@whowasthatmaskedman A lot of "deterioration" happened during the Carter years. That's why he was only a one term president, and it looks like Biden will be the same

@fanuc2013 I think its a mistake for Biden to run. Most because he said he would only go one term at the start😷