Record High, After Record High; Even Fox News Is Celebrating Latest Economic News

So, that is a yes, you will take the wager?
Since I don't even know who I'm voting for I'm not making any bets. Just saying, the betting experts are ALL picking Trump, 100% of them and they aren't partisan fools. They believe Trump will be on the ballots, they don't believe Trump will be in jail, and they do believe the odds are all in favor of a Trump win. These people know much more than you and I do.
 
That's exactly what you morons don't understand. The inflation we have already had is cooked into today's prices. Even if inflation goes down to zero, prices are still 17% higher than when Biden took office. Unless Biden has a time machine to go back and correct his stupid policies which caused inflation, he's toast.
Wages are up 17% as well.
 
View attachment 891278

When you realize the significance of this chart, especially the massive uptick after 2020 - then you can make a ridiculous post like this and claim innocent due to insanity instead of just plain ignorant
IMG_0492.jpeg
 
Then why are their high foreclosures, high evictions, high auto defaults, high withdraws from retirement accounts, high credit card debt, and food banks are stressed to the gills?
All of those are well below levels of pre-covid. You keep trying to compare to a 12 month period where people were flooded with stimulus and landlords were barred from eviction.

Can you please just recognize that everything you listed is actually better than 2019 before the pandemic? It’s called normalizing.

IMG_0495.jpeg
 
All of those are well below levels of pre-covid. You keep trying to compare to a 12 month period where people were flooded with stimulus and landlords were barred from eviction.

Can you please just recognize that everything you listed is actually better than 2019 before the pandemic? It’s called normalizing.

View attachment 891343



 
"Eggs: 1.99 under Trump, 8.99 under Biden. Cost: 450% higher"

Ummm, poor poster Mechanic, if you are paying $9 for your eggs, well, I'd suggest you do one of several things.

First, cut down on your omelets.

Or, go back to high school and take the Home Economics course. You should learn there.....how to be a competent shopper.

More competent than a shopper who is paying $9 for a dozen eggs....when Kroger is selling 'em today at $1.49.

Good luck.
 
The American economy received multiple encouraging signals on Friday, and even Fox News' Sandra Smith couldn't put a negative spin on it.

First, the University of Michigan's consumer sentiment index showed a surge of optimism, as the index rose to the highest level it had seen in nearly three years.

According to the survey, consumers finally seem to be feeling the effects of cooling inflation."The stock market continues to hit record high after record high," she said. "You're looking at a fresh 300-point gain on the Dow right now.


The Biden ecnomy keeps rolling, and it's just the beginning of the first quarter, and a lot of construction projects around the country ramp up this year.
Not at all surprised to see people being optimistic in xiden’s last year in office
 
Trump would be bragging about the record stock market. That Democrats do is one reason I do not support many of them.

A record stock market does not mean the economy is good for many. As has been pointed out the very top owns by and far the most in the markets. That leaves the majority of people still struggling as we do everything to boost the markets while leaving them behind.
Of course trump would…the difference is that under trump the entire economy was doing better then now.

Demafascit brag about the S&P doing well, while a record number of Americans are worse off since xiden was elected

That’s the difference
 
Of course trump would…the difference is that under trump the entire economy was doing better then now.

No it wasn't. If it was actually doing good the banks would have been consistently raising rates. If it was Trump wouldn't have constantly been calling for the Fed to lower rates.


Demafascit brag about the S&P doing well, while a record number of Americans are worse off since xiden was elected

That’s the difference

It's simply the same as it's been for years.
 
No it wasn't. If it was actually doing good the banks would have been consistently raising rates. If it was Trump wouldn't have constantly been calling for the Fed to lower rates.




It's simply the same as it's been for years.
If it were the same, then a record number of people wouldn’t be saying they are worse off

The only reason to raise interest rates is to fight inflation to make it harder for people to borrow money.

When the economy is good, you don’t have to worry about that.
 
The American economy received multiple encouraging signals on Friday, and even Fox News' Sandra Smith couldn't put a negative spin on it.

First, the University of Michigan's consumer sentiment index showed a surge of optimism, as the index rose to the highest level it had seen in nearly three years.

According to the survey, consumers finally seem to be feeling the effects of cooling inflation."The stock market continues to hit record high after record high," she said. "You're looking at a fresh 300-point gain on the Dow right now.


The Biden ecnomy keeps rolling, and it's just the beginning of the first quarter, and a lot of construction projects around the country ramp up this year.
Yep, it’s the same regardless of who the POTUS is. The federal reserve is the defacto CPU of the economy. They control the interest rates and the money supply, and they also decide who wins and who looses. It’s a great economy if you own assets because the FR protects asset values, stocks, bonds, real estate etc.
 

Forum List

Back
Top