Here is some WAPO Bezos spam, the only language a Democrat is fluent in.
Good news for Republicans: Biden is still running for president.
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186
Here is some WAPO Bezos spam, the only language a Democrat is fluent in.
The Washington Post never had to pay a billion dollar settlement for lying like FOX NEWS.
I have rentals from 25 years ago that have 7% mortgage rates. That is a normal rate.
We only had artificially low rates for two decades because the FED RESERVE was trying to respond to the financial crises caused by Bush and Trump.
So to get low mortgage rates we need Republicans to deregulate the economy and cause a recession or botch the response to a pandemic or be asleep at the wheel when terrorists are planning an attack. Then we get low rates, thanks to incompetence by Republicans.
Of course that led to massive unemployment and trillions in bailouts. Gee, what a great economy we got from Republicans
Fox News. Nonsense for morons.
Gas IS NOT high. In New Orleans, gas is $2.40 a gallon today.
The “Black Conservative Perspective” - what an expert on the economy!
Right, because people like you get their information from morons
On top of that, “Bidenomics” reminds too many people who lived through the 1980s and ‘90s of “Reaganomics,” a term that’s anathema in places like the Lehigh Valley of Pennsylvania, the swingiest districts in one of the swingiest states. This political bellweather region in northeast Pennsylvania, just an hour south of Biden’s hometown of Scranton, was once the heartbeat of American manufacturing. In 1995, when Bethlehem Steel shut down after almost 140 years in operation, many residents of the Lehigh Valley blamed unfair trade practices and the policies known as “Reaganomics.”
“It was a radical idea in 1981 — lower taxes, control spending, reduce regulation and bring down inflation — the four pillars of Reaganomics that changed the economic debate then and still dominate today.“
Lower taxes? For rich people. Reagan cut the top tax bracket from 70% to 28%. He also raised gasoline taxes. Trump cut taxes for rich people.
Control spending? Reagan tripled the National debt in 8 years and never once had a balanced budget. Congress had to raise the debt ceiling 21 times. Democrats, including Biden have not been as reckless as Reagan and Trump.
Reduce Regulation? So corporations can make more money sending jobs overseas. Biden has NOT reduced regulation.
Reduce inflation? By raising mortgage rates to 18%. Biden has a reasonable 7% mortgage rate.
Gee, Reaganomics is so great. If you’re a moron.
Bidenomics has nothing in common with Reaganomics.
Oh no! Bad news for the Orangeman fascist....
Oh no! Bad news for the Orangeman fascist....
What kind of moron gets their news from podcasts? From a podcaster wearing a beanie and a beard?
The kind who lives all alone and makes no money.
Also, a Biden supporter.
I'm guessing Putin just sent Trump $10 million for his campaign.
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@FLRW
Putin's high-energy trolling is clearly why Biden is polling at 33%. You could learn a thing or 2.
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@Greyparrot
How much does Putin pay you?
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@Greyparrot
You do realize that that score has to be maintained for a year for it to have any meaning?
Let me give you a clue. Wages now grow faster than prices.
Employment is growing.
The current wars are the only downside, but the point is that no US president would stop supporting Israel, and ceasing to support Ukraine means Putin wins.
So while polls reflect a current opinion, they dont reflect an opinion a year from now, and American's opinion has always been a flip flop.
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@Best.Korea
I am sure Biden will find the high-energy to charismatically orate a turnaround.
Wages now grow faster than prices.
Cool, let me know when that 20% price increase in all goods since 2020 is eliminated. That way people will say Biden didn't screw anything up.
You do realize that that score has to be maintained for a year for it to have any meaning?
Cool, I will update you every week in this thread on Biden's progress. (or lack of)
Republicans have been hammering the Biden administration over inflation. Democrats have tried to respond by blaming supply-chain shortages caused by the pandemic. But Republican senator Tom Cotton has a completely different theory: He blames inflation on Donald Trump’s poor selection to lead the Federal Reserve.
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@Greyparrot
let me know when that 20% price increase in all goods since 2020 is eliminated. That way people will say Biden didn't screw anything up.
You can do the math yourself. Its called statistics based on expected values.
Inflation per month: 3%
Wage growth per month: 6%
Difference: 3
20/3= close to 7
So 7 months.
But we already had 5 months of these values, so 2 more months.
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@Best.Korea
Its called statistics based on expected values.
Unfortunately, statistics over Biden's economy are extremely volatile.
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@Greyparrot
You do realize that everyone has more than they had in 2017-2019?
The lowering of wages which you refer to can only be called "lowering" when compared to sudden increase in wages in 2020, last year of Trump.
Why did sudden increase happen in 2020?
Because Trump put a bunch of money in economy, and increased unemployment. It was, by all means, temporary increase which could not have been sustained. Trump knew that, but it was his last year as president, so he went for it.
"Wages grew historically fast between 2019 and 2020—6.9% for the typical or median worker—but not for good reasons. Wages grew largely because more than 80% of the 9.6 million net jobs lost in 2020 were jobs held by wage earners in the bottom 25% of the wage distribution"
As I said, everyone has more than what they had in 2019.
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@Greyparrot
"Real weekly earnings for the median worker grew 1.7 percent between 2019 and 2023.[3] This means that one week of pay for the median worker now buys more than a week of pay did in 2019, despite higher prices."
And the growth continues.
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@Best.Korea
Unfortunately, statistics over Biden's economy are extremely volatile.
People don't like that. If Trump tried to pull the shit Biden did, he wouldn't have made it past the primary.
statistics over Biden's economy are extremely volatile.
Incoherent as usual
Greyparrot the way you simply talk past IWRA is entirely appropriate. Anything else qualifies as masochism.
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@Best.Korea
"Wages grew historically fast between 2019 and 2020—6.9% for the typical or median worker—but not for good reasons. Wages grew largely because more than 80% of the 9.6 million net jobs lost in 2020 were jobs held by wage earners in the bottom 25% of the wage distribution"As I said, everyone has more than what they had in 2019.
You're making major errors by invalid simplifications leading to contradictions.
"Everyone has more than what they had in 2019" then what about those 9.6 million people who lose their jobs?
I have personally recorded 20-50% inflation on many critical products including concrete, steel, lumber, meat, vegetables, fruit, grains, diesel, methane, and grid electricity.
No wage increases for me, none for anyone I know. Number of homeless apparently doubling (by counting tents).
When you don't trust the media you don't trust their numbers, they don't have to make a math error when they have control over the sample sets and definition of terms. The famous one is "full employment", they never mean "everyone who can work is working"; the only factor there is whether the deep state wants good numbers or bad numbers.
6%/month wage growth = BS
3%/month inflation = Might be true with the right sample, but who gives a shit. It's +50% since the plandemic and wages * workers most certainly is not 1.5 times.
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@ADreamOfLiberty
then what about those 9.6 million people who lose their jobs?
That was under Trump. Most of them got the jobs back under Biden. Biden has lowest unemployment rate.
No wage increases for me none for anyone I know
I guess we are just supposed to trust you over any official statistics.
Incoherent speech is a recurring character trait for MAGA MORONS
No wage increases for me, none for anyone I know.
That’s because you and the people you know have no skills. My pay has doubled in the last year.