Dow has Longest Winning Streak in 6 Years !!

[Cougarbear]

Not sure how Biden is doing it but the economy is doing great and unemployment numbers are best ever.

Keep it up Joe.

You are such an idiot. And, you actually vote? Biden created an enormous amount of inflation due to his stupid reversal on all of Trump's great economic decisions. Gasoline is still $5.00/gallon in California and other places. The blunders with gas and oil of Biden caused inflation to go u to 10%. You probably think that because inflation is now at 3% that costs of goods came back to where it was. No, it's up 3% from the 10% where it was. And, gasoline will never come down unless Biden renews all of the Trump energy strategies. Electricity is now much higher as well because of Biden and the other Democrat governors like Newsome who are causing havoc of the California economy. Newsome now is demanding Biden to help out California for California's stupid legislator which means the rest of the country is giving California money because of Newsome's handling of California. And, as far as unemployment, we lost 12 million jobs because of Biden's handling of Covi19 and his Democrat communists. Most of the nation has ended the stupid Covid shutdowns and nonsense. So, by that reason, is why employment is where it's at. Biden hasn't added any jobs with his stupid handling of the economy. They are jobs that came back on their own because of the people of the nation. Don't be stupid.

 

[Oldestyle]

So how does that make the rich richer?

Wow, are you slow!

 

[Catsnmeters]

The rich do not suffer with inflation as what we have currently. They are richer as tens of millions are poorer. It is semantics. Taxation works in reverse with inflation to the lower classes. When things get not good, government has a choice of deflation or inflation in declining economies. So, recession or depression can be manipulated only in that way. The inflation rate is moderate and uneven as to a basket of statistics. Uneven is homeowners who have mortgages or own their house from many years ago as to people who rent apartments as an example. That is not good. A housing collapse will reset things however it will make those who purchased homes the last few years suffer a little. Those who suffered in 2008 know this. Politicians can and do cause these things. Even if it is recognized as coming many people have families and cannot get out of a coming downturn.

But inflation has caused the fed to raise interest rates. Higher interests rates don't help big business.

 

[Cougarbear]

Of course the percentages are the same but in your scenario both the rich and and middle class get richer.

I am sure glad the stick market is doing well so both groups can get richer despite predictions it wouldn't.

Biden keeps defying the odds even without the anti inflation bill Republicans promised during their campaigns.

In the example, the rich gained $500,000 while the middle class gained $10,000 However, due to inflation and taxes, the middle class gave back their gains. The rich did not. In fact, the middle class income adjusted for inflation and tax increases has dramatically fallen. With Trump, the incomes dramatically rose even with inflation and taxes for the middle class. By the way, what about the poor? How did they make out with inflation and loss of jobs? Not so good at all. Very poorly. But, you Demorats don't care about the poor anymore. Communists always want to discount the poor and eliminate them. Just like Stalin and Mao did, killing 100 million people to prop up their economies.

 

[The Banker]

The stock market has nothing to do with whether there will be a recession. The market is so far down from it's height under Trump that we really have been in a recession.

say what?
the market is up from when Trump left, the annual deficit is down from Trump. that is what is down. And unemployment is down as Biden has the best labor market in US history


Stock market up, deficit and unemployment down. We are on the brink of another Bill Clinton Golden Age

Republicans give us debt, deficit and recessions. Democrats give us lower deficits and economic booms

 

[Catsnmeters]

You are such an idiot. And, you actually vote? Biden created an enormous amount of inflation due to his stupid reversal on all of Trump's great economic decisions.

That isn't why we have inflation but thanks to Biden's economic policies our inflation is lower then nearly every Western country on the planet.

Gasoline is still $5.00/gallon in California and other places.

Do you think Biden should seize control of oil companies and force them to lower prices?

The blunders with gas and oil of Biden caused inflation to go u to 10%. You probably think that because inflation is now at 3% that costs of goods came back to where it was. No, it's up 3% from the 10% where it was.

No shit Sherlock. Thank you for pointing out how well Biden handled inflation.

And, gasoline will never come down unless Biden renews all of the Trump energy strategies.

What Trump energy strategies? Was Trump going to seize control of the global oil markets?

Electricity is now much higher as well because of Biden and the other Democrat governors like Newsome who are causing havoc of the California economy.

My electricity bill has not increased in years. Why are you paying more?

Do you think Biden should seize control of electrical markets too?

Newsome now is demanding Biden to help out California for California's stupid legislator which means the rest of the country is giving California money because of Newsome's handling of California.

I have no idea what you are talking about here.

It's common knowledge that blue states typically pay more into federal coffers than red states.

And, as far as unemployment, we lost 12 million jobs because of Biden's handling of Covi19 and his Democrat communists.

That happened under Trump silly. Lol.

Biden pulled us back from the brink.

Most of the nation has ended the stupid Covid shutdowns and nonsense. So, by that reason, is why employment is where it's at. Biden hasn't added any jobs with his stupid handling of the economy. They are jobs that came back on their own because of the people of the nation. Don't be stupid.

That's odd. Another poster on here claimed those businesses went bankrupt and didn't come back. Are you saying that Biden saved thos businesses?

 

[Cougarbear]

say what?
the market is up from when Trump left, the annual deficit is down from Trump. that is what is down. And unemployment is down as Biden has the best labor market in US history


Stock market up, deficit and unemployment down. We are on the brink of another Bill Clinton Golden Age

Republicans give us debt, deficit and recessions. Democrats give us lower deficits and economic booms

LOL!!! Democrats can't help but lying. Another Democrat who loves to pay more for gasoline, eggs and everything else. Another Democrat who doesn't care about the poor and how higher energy costs have made it worse on the poor, as well as the middle class. Their billionaires, which Democrats have the most by far, aren't hurt. Just like their Hollywood cronies. Trump had the economy going better than any time in the past. Now, with inflation and tax adjusted income, people have less the live on than before Biden because of Biden. Biden's policies haven't helped one bit. They have hurt Americans and the world. We were at peace around the world between Obama and Biden. But, the warmongering Democrats need chaos in the world to survive. Kim throwing missiles at Japan on a regular basis now. Iran and Saudis controlling the price of oil again after Trump stopped that. Gasoline still up 2.5 times as high under Trump. Biden is the worst president of all time.

 

[Catsnmeters]

In the example, the rich gained $500,000 while the middle class gained $10,000 However, due to inflation and taxes, the middle class gave back their gains. The rich did not.

How were the rich able to keep all the money they lost in the stock market but the middle class didn't?

In fact, the middle class income adjusted for inflation and tax increases has dramatically fallen. With Trump, the incomes dramatically rose even with inflation and taxes for the middle class.

We didn't really have inflation with Trump although what happened during Trump's term certainly lead to future inflation. (Not necessarily the fault of Trump).

By the way, what about the poor? How did they make out with inflation and loss of jobs? Not so good at all. Very poorly. But, you Demorats don't care about the poor anymore.

They had rent deferment, loan deferment, stimulus checks, money for small businesses etc.

That isn't helping the poor?

Communists always want to discount the poor and eliminate them. Just like Stalin and Mao did, killing 100 million people to prop up their economies.

I am not sure what that has to do with this conversation.

Are you actually claiming that Democrats are communist and are trying to kill poor people?

 

[Cellblock2429]

“So far, there’s no evidence of a recession. So as long as there’s no evidence of recession, and I think the market will probably continue to melt up; people are chasing,” Steve Eisman, senior portfolio manager at Neuberger Berman, said on CNBC’s “Squawk Box.”

Joe "Bill Clinton 2.0" Biden has America on the brink of a Golden Age, just like Bill Clinton gave us.

When all the bullshit from post-covid and the war in Ukraine finally wind down, the economy is looking to explode and grow at 3+%
Party like its 1995, because the Bill Clinton Golden Age will be reborn.
Republicans are trying to teach children slavery was good, while Biden has the best labor market in US history and easing inflation.

Dow rises nearly 200 points, extends rally to 11 days for longest winning streak in six years: Live updates

Investors are bracing for a major Federal Reserve decision and an intense week of earnings from a broad array of companies.

www.cnbc.com

/----/ "Republicans are trying to teach children slavery was good,"
Another lie. But, what are democRATs trying to teach children behind their parent's back?

Teachers unions are indoctrinating kids â with Biden’s support

Schools are becoming indoctrination factories, trying to turn children against their country and their own parents’ values. It’s what the teachers unions intend.

nypost.com

 

[The Banker]

LOL!!! Democrats can't help but lying. Another Democrat who loves to pay more for gasoline, eggs and everything else. Another Democrat who doesn't care about the poor and how higher energy costs have made it worse on the poor, as well as the middle class. Their billionaires, which Democrats have the most by far, aren't hurt. Just like their Hollywood cronies. Trump had the economy going better than any time in the past. Now, with inflation and tax adjusted income, people have less the live on than before Biden because of Biden. Biden's policies haven't helped one bit. They have hurt Americans and the world. We were at peace around the world between Obama and Biden. But, the warmongering Democrats need chaos in the world to survive. Kim throwing missiles at Japan on a regular basis now. Iran and Saudis controlling the price of oil again after Trump stopped that. Gasoline still up 2.5 times as high under Trump. Biden is the worst president of all time.

Triggered !!!

Your cry rants make me happy !

GW Bush and Trump blew up the deficit, but had weak low growth economies. Trump ramped the deficit bigly every year of his failed presidency. And Trump had weak low gdp growth.

You need to educate yourself on the facts and data, Biden is crushing Trump and has lower deficits than Trump.

Enjoy Biden's booming economy with the best labor market in US history, easing inflation, and the tech and infrastructure boom. Obviously you hate it.

Joe Biden is competing with Bill Clinton for best economy of the modern era. Trump is competing with GWBush for worst president of the modern era because the economic data says this.

 

[Cougarbear]

How were the rich able to keep all the money they lost in the stock market but the middle class didn't?

Because the rich don't have all their money in one investment. The middle class do with their retirement plans. The middle class then have debt that is mostly more than what they have in their retirement accounts. The rich have money setting aside in banks and real estate and other investments. Uggg! Didn't you take an economics class?

We didn't really have inflation with Trump although what happened during Trump's term certainly lead to future inflation. (Not necessarily the fault of Trump).

Trump left with about 1% inflation which is needed to keep the economy moving forward. And, nothing Trump did lead to Biden's inflation. Biden removed the energy programs of Trump in his first month as President. The cost of gasoline and electricity shot upwards because of the huge rise in energy costs. Especially gasoline. That caused a chain reaction with goods expenses to rise dramatically as well.

They had rent deferment, loan deferment, stimulus checks, money for small businesses etc. That isn't helping the poor?
When you poor $7 trillion dollars into the economy like Biden did in just 2 years, that heats up inflation. For everyone! That inflicts the poor the most. Loan deferment is another way to raise inflation. Stimulus checks raised inflation quickly to cancel out the stimulus money. Yep! Did the stimulus help some? Sure! But, Biden's inflation cancelled out any gains and now hurting the poor the most.

Doesn't matter.

I am not sure what that has to do with this conversation.

Are you actually claiming that Democrats are communist and are trying to kill poor people?

Yes! The Democrat Party is now being run by the 60's and 70's communist rebels. They certainly aren't moving the country into a capitalist form of Government. They are making the Government bigger and we as people are losing are basic constitutional bill of rights. These Democrat party leaders have been promoting population control for decades. Also, they are attempting to destroy Christianity and Judaism. That is as clear as can be! Free speech is almost gone. Did you see how the Democrats would not allow RFK to speak at a congressional hearing on free speech. Why? Because RFK threaten's Biden and the Communist push. Open your eyes. Listen to others besides leftwing media the the VIEW.

 

[Harpy Eagle]

I remember the stock market was surging a few short years ago before covid and some here were not as impressed by that as they are now.

and some were far more impressed. Crazy how people view the stock market through a political lenses

 

[Catsnmeters]

Yes! The Democrat Party is now being run by the 60's and 70's communist rebels. They certainly aren't moving the country into a capitalist form of Government. They are making the Government bigger and we as people are losing are basic constitutional bill of rights. These Democrat party leaders have been promoting population control for decades. Also, they are attempting to destroy Christianity and Judaism. That is as clear as can be! Free speech is almost gone. Did you see how the Democrats would not allow RFK to speak at a congressional hearing on free speech. Why? Because RFK threaten's Biden and the Communist push. Open your eyes. Listen to others besides leftwing media the the VIEW.

Tucker? Is that you?

 

[justoffal]

under the new dem party the rich get richer while everyday Americans struggle with the skyrocketing costs of living .

Yeah I'm not sure what drug he's doing....most Americans are sinking fast.

 

[Orangecat]

How come the rich are getting richer?

Because they're smarter than you.

 

[Orangecat]

Higher interests rates don't help big business.

Barks are big business.

 

[Orangecat]

Tucker? Is that you?

Karl? Is that you?

 

[Catsnmeters]

Karl? Is that you?

Nope.

Odd sequence of posts from you.

Normally trolling one liners are not your thing.

I guess we all have our off days.

Hope things are going well for you.

 

[Orangecat]

Odd sequence of posts from you.
Normally trolling one liners are not your thing.

You seem abnormally obsessed with me.
Here's a one-liner for you: Not gay, not interested.

 

[themirrorthief]

Nope.

Odd sequence of posts from you.

Normally trolling one liners are not your thing.

I guess we all have our off days.

Hope things are going well for you.

and the rich get richer thanks poopy pants