Federal Spending Continued To Increase On The Trump/GOP Watch. The Failure Of Republican Administrations Continue.

 The final numbers of Trump and his GOP's four fiscal years which began 9/30/17 and ended 9/30/21 are finally in by the Office of Management and Budget and federal spending follows the past pattern of previous GOP administrations of large increases.  The Office of Management and Budget and the CBO who issue the reports on the U.S. budgets call spending "outlays."

The report shows during Trump's four fiscal years federal spending (outlays) totaled $21.926 trillion, up $6.926 trillion from President Obama's last four fiscal years for a 46% increase in federal spending in just 4 short fiscal years.  By contrast, federal spending in Obama's 8 fiscal years was up only 18% in his first 4 fiscal years and then up only 7% in his last 4 fiscal years for a total increase in spending of 25% in his full 8 fiscal years.

Federal budget deficits in Trump's 4 fiscal years totaled $7.666 trillion, up $5.491 trillion from Obama's last 4 fiscal years ($2.175) for a whopping increase of 252% in deficit spending.  Trump's deficits were $779 billion,  $984 billion,  $3.131 trillion and $2.772 trillion.  Trump is the only President to have a single year budget deficit over 2 and 3 Trillion dollars and like every other republican President before him since President Eisenhower, Trump left office with a larger deficit than when he took office.  Trump is also the first President to pass the trillion dollar spending mark three times when he passed the 4,5 and 6 trillion dollar mark during his term in office.  Note: President George W. Bush left President Obama a $1.4 trillion deficit at the end of his last fiscal year, but President Obama finished his last fiscal year in office with a deficit of $666 billion.  A reduction of $734 billion.

During the past 40 years going back to the Reagan administration, the republican party has been the party of increased spending and increased deficit spending by a wide margin while the democratic party has been the more conservative on fiscal matters.  The following federal spending increases (outlays) took place as follows.

Ronald Reagan  Total increase for 8 fiscal years.  Up 75%    50% in his first term and 25% in second term.

George W. Bush   Total increase for 8 fiscal years.  Up 61%   28% in his first term and 33% in second term.

Donald Trump    Total increase for 4 fiscal years.   Up 46%

George Herbert Walker Bush   Total increase for 4 fiscal years   Up 28%

Bill Clinton   Total increase for 8 fiscal years.  28%    14% in first 4 fiscal years and 14% in last 4 fiscal years.

Barrack Obama  Total increase for 8 fiscal years.  25%   18% in first 4 fiscal years and 7% in last 4 fiscal years.

Yet the fairy tale and misinformation and outright lies about republicans being conservative and the democrats being the big spenders, is just that, a fairy tale of the GOP propaganda and the media's being their enablers in the big lie.  And Politidose commentary has been there with the facts and truths the past 12 years to set the record straight.  And if you are wondering, yes, Politidose commentary called the shot on what would take place on Trump's watch even before he took office because it was all predetermined by precedent.

Understanding the past mistakes is still the key to a better future.  For those who do not learn, the future will be like the failed past and that is the history of the GOP.  Understanding is the key as to why the democratic party is best at governing.  

This commentary written by Joe Lorio

Note:  If one looks at the numbers prior to the Reagan administration of the previous 40 years the results will not be much different.  All numbers taking from reports published by the Office of Management and Budget and the CBO.

The New Orleans Saints and The LSU Tigers Football Program Start A New Chapter.

 Both teams will start off the 2022 football season with a new head coach, Dennis Allen for the Saints and Brian Kelly for the Tigers.  As a result, no one really knows how their tenure will work out and or if it will lead to a consistent winning program.  To debate the past under coaches Payton and Orgeron is best forgotten and rest in the history books of their own making.

THE NEW ORLEANS SAINTS:

Saint's sport writers are giving their backing to Allen and predicting good things for the Saints.  But reality tells us being a success at head coaching is much different than being a defensive coordinator.  The responsibilities are greater on Allen now because he is responsible for the whole team, its direction and even for the decisions his coaches make.  His only tenure as a head coach was with the Raiders for only a few years and was replaced and all who follow sports have learned that great assistant coaches that were appointed head coaches never turned out well.  So Saint's fans in 2022 will just have to sit back, tune out all the hype of the sport's media and judge for themselves.

THE LSU TIGERS;

Brian Kelly has a great won-loss record, most coaching Notre Dame, an independent school that belong to no Conference.  The question that needs to be answered and will be in time is:  How well will Kelly do coaching LSU in a Conference loaded with talent that he will have to face playing five or six SEC teams each season and then a Conference championship game if LSU qualifies.  That is not a trick question!!!  LSU has made the BCS playoffs only once in the 8 years of its short history so Kelly and LSU will have something to shoot at that other teams have accomplished several times.

This writer suggestion to Saints and LSU fans is to just chill out this coming season, forget about all the hype and cliches of the sports media, take it as it comes and do not pay attention to what you hear on Bobby Hebert's radio show, "Sports Talk."

This commentary written by Joe Lorio  

Job Creation and The Unemployment Rate For January 2022.

 The U.S. Labor Department reported the economy added 467,000 jobs in January and the unemployment rate came in at 4%.  It was 3.9% in December.  The Department also reported that December job creation was a whopping 510,000 jobs added to the 199,000 jobs originally reported for December.  Also reported that November's jobs were under reported also  and that the two months combined November and December jobs totals increased by 709,000 more jobs,  It was the 12th straight month of positive job growth for the Biden administration. (Feb. 2021 - Jan.2022)

So in President Biden's first year in office the economy added over 6 million jobs for a monthly average of 524,000 jobs per month.  That was an American first for job creation.  In Trump's last year in office the economy lost over 9 million jobs, counting those created and those lost.  On another positive note wages were up 0.7% in January and for the year they were up 5.7% over 2020.  

The good news on the economy continues even though the GOP and the media's noise machine predicted doom and gloom for January's numbers and continue the drum beat of misinformation, lies and negative comments.  Fox News was wishing the job numbers for January would be bad so they could continue their negative rhetoric.  The good news on jobs should also change the Federal Reserve's attitude toward heavy increases in the interest rates they and the noise machine would like to see take place.  Higher interest rates than needed will put a scrimp in the economic recovery that is taking place.

January's good numbers should tell us that passing the President's BBB legislation is the correct thing for congress to do, especially if the Feds become too heavy handed in raising interest rates.  President Biden has ended his first year in office with positive accomplishments on the economy, especially after inheriting a meltdown of the U.S. economy and massive job losses.  Unemployment is down 2.3% from the 6.3% when Trump left office.  The GDP grew 5.7% in 2021 and never grew over 3% in any one of Trump's four annual years and the GDP was in minus territory in Trump's last year in office.  

The internet and general media will be full of stories by the GOP and the conservative media that are misleading, negative and even downright lies concerning the President's accomplishments because they have nothing left to offer the voters of America.  They cannot articulate any GOP accomplishments so being negative is all they know.  And sorry to say, the media will gladly carry their misinformation and negative comments that enable the GOP.

In the meantime, Politidose commentary will continue writing about the facts and how the country and its people are moving forward in a positive way for a long term lasting economy.  And President Biden was there from the very beginning.

This commentary was written by Joe Lorio

Note:  The Feds moved to quickly and too strong on raising interest rates in the early 80's when inflation was much, much higher than it is today.  The results was 10 straight months of unemployment over 10%.  It lasted from September 1982 to June 1983.  And as of this writing it was the longest and highest stretch of unemployment in the past 70 plus years.