Biden is ruining the economy, not fixing it

[sartre play]

We are a nation of spoiled brats. Tell people to pull them self's up by there boot straps out of one side of your mouth & whine & complain out the other side because things are tighter now. No surprise that the so called job creators made record profits & passed nothing down to those workers who made it happen. We have more of everything than most of the world. Grow a little gratitude.

 

[Not a Monkeys Uncle]

We are a nation of spoiled brats. Tell people to pull them self's up by there boot straps out of one side of your mouth & whine & complain out the other side because things are tighter now. No surprise that the so called job creators made record profits & passed nothing down to those workers who made it happen. We have more of everything than most of the world. Grow a little gratitude.

What the hell are you blabbing about

 

[Not a Monkeys Uncle]

 

[Not a Monkeys Uncle]

 

[Not a Monkeys Uncle]

 

[Not a Monkeys Uncle]

Biden misery index: Prices of cars, gas and food | 'American Agenda'
Newsmax TV

 

[ScorpioRising007]

Trish Shreds Biden's Economic Policy "Get Ready For More Inflation!"​

Electricity up 6.5%. Fuel oil up 59%. Firewood up 35%. Eggs up 12%. And, steak up 24%. The cost of everything is going up, up and away. Trish Regan warns it's about to get a whole lot worse.

What seems bad for some is a blessing for others. My wife and many lower income people are absolutely loving it right now. As a fast food worker all her life she is making more money now than she ever had made. She gets nice stimulus checks. She gets all kinds of free food now. Much easier to survive now. Her and other fast food workers she works with are celebrating and very happy.

 

[Not a Monkeys Uncle]

What seems bad for some is a blessing for others. My wife and many lower income people are absolutely loving it right now

Well if you aspire to be something more than a minimum wage loser then you will not be loving it. Of maybe your vision of America is reducing it down to third world status where everyone is a loser like you.

 

[Not a Monkeys Uncle]

 

[Not a Monkeys Uncle]

That guy's one of the dumbest posters on this forum

Said the pathological liar to the other pathological liar

 

[Not a Monkeys Uncle]

 

[Faun]

LOLOL

 

[Faun]

LOLOL

I like how that guy says we have the lowest labor force participation rate in 45 years. What he doesn't mention is how much that rate changed under Biden versus under Trump...

Labor force participation rate:

• Trump: -1.4 points (-2.2%)
• Biden: +0.5 point (+0.8%)

 

[Not a Monkeys Uncle]

The OP is correct​

Trish Shreds Biden's Economic Policy "Get Ready For More Inflation!"​

Electricity up 6.5%. Fuel oil up 59%. Firewood up 35%. Eggs up 12%. And, steak up 24%. The cost of everything is going up, up and away. Trish Regan warns it's about to get a whole lot worse.

 

[Not a Monkeys Uncle]

Markets Gone Wild​

The volatility in the stock market is about to grow much worse.

 

[Not a Monkeys Uncle]

For the Dems, some CNN

Why inflation is a political nightmare for Biden

Analysis: Why inflation is a political nightmare for Biden

Joe Biden's next political nightmare is inflation, a force that can destroy family budgets and political careers and is being driven by domestic and global factors tough for a president to quickly fix.

www.cnn.com

Joe Biden's next political nightmare is inflation, a force that can destroy family budgets and political careers and is being driven by domestic and global factors tough for a president to quickly fix.

Government data showing the cost of living rose 6.2% over the last 12 months -- the highest rate in 30 years -- set off White House alarm bells on Wednesday and offered a new opening for Republicans lambasting Biden over high energy prices.

 

[Indeependent]

LOLOL

I like how that guy says we have the lowest labor force participation rate in 45 years. What he doesn't mention is how much that rate changed under Biden versus under Trump...

Labor force participation rate:

• Trump: -1.4 points (-2.2%)
• Biden: +0.5 point (+0.8%)

Those are stats, not actual numbers.

 

[Indeependent]

What seems bad for some is a blessing for others. My wife and many lower income people are absolutely loving it right now. As a fast food worker all her life she is making more money now than she ever had made. She gets nice stimulus checks. She gets all kinds of free food now. Much easier to survive now. Her and other fast food workers she works with are celebrating and very happy.

It’s temporary.

 

[Not a Monkeys Uncle]

Inflation soars to 31-year high as holidays

Inflation already hurting Americans, and Biden's Build Back Better will make things even worse

Inflation already hurting Americans, and Biden's Build Back Better will make things even worse

Are you better off than you were two years ago? That’s what Republicans will ask voters a year from now.

www.foxnews.com

Unfortunately, Biden’s late-breaking awareness of our inflation problem did not come packaged with a solution. Instead, tin-eared Biden continues to hype his multitrillion-dollar Build Back Better bill, which he says will help bring prices down.

No, it won’t. And in fact, Biden expressly said so in his muddled remarks. As he expressed shock about the price of gasoline, Biden claimed, "That’s why it’s so important we do everything in our power to stabilize the supply chain…"

Nancy Mace: Economy is in 'shambles' amid rampant inflation, energy concernsVideo
Just for the record, the very real supply chain bottlenecks that are keeping goods from landing in stores have absolutely zip to do with rising gasoline prices. That’s on Joe Biden, who has discouraged U.S. oil and gas investment and also insulted and alienated the most influential person in OPEC, Mohammed bin Salman. OPEC is understandably unmoved by Biden’s pleas for more oil.

Biden also claimed, "At the same time, we’re also experiencing higher demand for goods because wages are up as well as people have money in the bank. And because of the strength of our economic recovery, American families have been able to buy more products."

In other words, consumers are flush, and our recovery is strong. So … what on earth are we doing spending trillions more on Biden’s favored bill? The same could have been argued (and we did) before the $1.9 trillion American Rescue Plan passed in March. We did not need to hype government spending then, and we do not need to do so now.

Democrats would argue that Build Back Better (BBB) is not about infusing the economy with more cash, but instead will tackle long-term problems like expensive child care that is keeping women out of the workforce.

Their solution is to subsidize child care for low-earning Americans, while also boosting wages for people working in that field.

But if you’re a middle-class family that must foot the bills on your own, you’re in trouble. Matt Bruenig, left-leaning president of the People’s Policy Project think tank, says the proposal will jack up child care costs by about $13,000 a year, to almost $29,000. Why? Because BBB demands infant care workers be paid the same as elementary school teachers, increasing wages by 138%.

BBB also purports to make home care for the elderly more affordable, but it is union organizers who are especially excited about the proposal. Mary Kay Henry, International SEIU head, cheers, "We have a chance to turn home care, the fastest-growing job in America, from poverty-wage employment into a good union job." Will that drive costs down? Of course not.

Are media downplaying inflation?Video
Why should this surprise anyone? Any industry that has a heavy government footprint, including education and health care, has seen costs soar way beyond overall inflation over time. Today, over 40% of higher education costs are funded by state and federal coffers; is it any wonder that the cost of attending a four-year college has increased at twice the level of inflation since 1985?

Or take health care, where the federal government accounts for over 40% of spending, and where total spending has increased 50-fold since 1970.

Federal programs are by definition inefficient; that’s the nature of the beast. Add to that Joe Biden’s push to ensure that workers added to provide home care, pre-K and other services be unionized, thus demanding higher pay, and you can rest assured the BBB will not lower inflation. Just the opposite.

Voters rejected Big Government this past Election Day. They should do so again in 2022. I’m guessing they will.

 

[Faun]

Markets Gone Wild​

The volatility in the stock market is about to grow much worse.

LOLOL

The Dow and S&P 500 are near all time highs, ya flamin' imbecile.

DJIA:
current: 35,629.33
High: 36,952.65

S&P 500:
Current: 4,589.38
High: 4,818.62