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You are the one who is a traitor. Biden has tried to help the middle class while Trump and the Republicans helped the rich.
Income inequality was down under Trump, first of all.You have no understanding how economics work. Income inequality is growing.
The wealthiest counties are surrounding DC, and made up of government workers, and they are overwhelmingly Democrat. They are largely protected from the consequences of the liberal policies they vote for, including inflation..
Once you understand that of the wealthiest zip codes in America the majority of them donate more money to Democrats than Republicans ...
You might actually figure out who has been lying to you ...
.
You have no understanding how economics work. Income inequality is growing.
/-----/ So you shorted the market...I’m retired and doing great under President Biden
My stocks and Real Estate holdings have gone up significantly
Have you been paying attention to what is happening right now, FA? Stocks are in a tailspin. The Fed is going to raise interest rates which means the stock market is going to nose dive.And?
The statement was very simple, stocks and real estate are up.
It was not the economy was doing great, Biden is doing well, we are better off or any other such nonsense. It was a simple and straightforward statement on calling what RW said was a lie when it was clearly not.
Stocks and real estate are up. That is just a fact.
What people seem to forget is that Trump had to absorb 5 Fed rate increases from the time he was elected until the time Covid shut down our economy. He did so and STILL grew the economy and shrank unemployment to record levels! Biden is about to get his FIRST rate increase and you can already see what it's going to do to stocks and to the economy!Income inequality was down under Trump, first of all.
Second, you’re saying that because some people are earning less than others - they’re lazy, or dumb, or not motivated, or undisciplined, or never went past high school, or whatever - we should just give them money to “equitize” them even if it means hurting the middle-class who prepared for a career, worked hard, and saved for retirement?
This right here is socialism. Give the low-income lots of money, at the expense of the middle-income, until they become more “equal“ - with no regard to the good decisions and traits that enabled the middle income to earn more in the first place,
No doubt.Have you been paying attention to what is happening right now, FA? Stocks are in a tailspin. The Fed is going to raise interest rates which means the stock market is going to nose dive.
I never said it would collapse, BB. I said it would "tank". You can expect major losses in the stock market as soon as the Fed announces higher interest rates. They will not be "moderate". They will be steep.
Simple question for you, BB! If wages go up by 1% but the cost of living goes up by 2%...are workers better off?
The pandemic is the "excuse" that the Biden Administration is using for not addressing the problems that THEIR policies have caused with the supply chain, BB! Would you care to take a crack at explaining why there weren't supply chain issues during Trump's last year? That was when the pandemic was at it's worst. Yet AMAZINGLY we didn't have rampant inflation or empty shelves!Inflation is due to the coronavirus which is wreaking havoc on supply chains. vThe unvaccinated are the reason we cannot put the coronavirus behind us.
You might want to look at the performance of the Stock Market for the month of January, BB...there is a TON of evidence of exactly what I've been saying!There is absolutely no evidence of that. The stock market scaling back would not be a bad thing.
LETS GO BRANDONLeftists always like to say how they want to help the lower- and middle-class, by giving away more free stuff of course, but their policies are KILLING the financial well-being of tens of millions of middle class people!
I am talking about retirees and near-retirees - the ones who did everything right to prepare for their golden years. They worked regular jobs all their lives, and saved and invested for 30 to 40 years.
But Biden (or his Marxist handlers) are buying votes - under the pretense of “equity” - with handouts for whatever specific group they deem worthy, be it parents earning $150,000 with a child, or proposing to abolish student loans, make college free, whatever. That has already driven inflation to a 40-year-high.
The result is that the Fed is now forced to take aggressive action to control Biden’s damage and has announced as many as five rate hikes this year. That not only means that borrowers with adjustable rates will be hit hard, but he has spooked the stock market in anticipation of rising (inflation-fighting) rates.
So, in order to give parents with six-figure incomes money, and with the threat of more handouts, including to illegals, elderly people like my mother living in an ALF off her savings is getting hit hard, and independent retirees, looking forward to a return to travel and other activities they saved for, will see their standard of living fall.
I’m retired and doing great under President Biden
My stocks and Real Estate holdings have gone up significantly
If you're retired and living on a fixed income...the inflation that Joe Biden's economic policies have created is doing a number on your spendable income.Amen!
And that’s not the worst of it, really. Because his inflation policies have taken us to the highest level in 40 years, the Fed is talking about five rate increases In 2022. That has spooked the markets, and retirees living on a modest SS supplemented by withdrawals from their retirement savings are really being screwed.If you're retired and living on a fixed income...the inflation that Joe Biden's economic policies have created is doing a number on your spendable income.
RWNJ's have been wanting to privatize social security since Reagan.And that’s not the worst of it, really. Because his inflation policies have taken us to the highest level in 40 years, the Fed is talking about five rate increases In 2022. That has spooked the markets, and retirees living on a modest SS supplemented by withdrawals from their retirement savings are really being screwed.
But it’s a socialist thing. They don’t care about older folks, who have lived responsibly, contributed to society for 40 years, and saved for their golden years. All they care about is handing out more money to lower-income people who keep having kid after kid after kid.
Your distractions aside, Biden has made it substantially worse. You don’t print money to hand out nilly-Willy to hordes of people when inflation is roaring. What part of supply and demand don’t you get?RWNJ's have been wanting to privatize social security since Reagan.
The same idiots who want to force women to have babies, even in instances of rape or incest.
Of course, RWNJ's are blaming Biden for a worldwide problem.
How?Your distractions aside, Biden has made it substantially worse.
7% isn't "roaring"?You don’t print money to hand out nilly-Willy to hordes of people when inflation is roaring.
What part don't you get?What part of supply and demand don’t you get?
How?
Inflation is a worldwide issue.
Inflation is the highest in 40 years, and that rate is an average. It’s up over 40% for gas, and double-digits for beef, eggs, milk, and more. It’s hitting the middle class HARD, but you socialists only care about elevating the low-income. If it comes at the expense of middle income, you like it - that’s equity!7% isn't "roaring"?
Yes, and the lack of supplies combined with handing people money is inflation. And one of the big reasons we have a lack of supplies is the labor shortage, which Biden is also making worse. Let the truckers deliver our goods without demanding they by vaxxed! He’s letting in the illegals without THEIR being vaxxed!What part don't you get?
Lack of supplies, products, and services are more expensive.
Abundant supplies, products, and services are less expensive.
Hence: INFLATION.
