Is the Economy Doing Well?

[pknopp]

BS. It is doing better because of things Biden has done. And I don't now whereyou hear talk from because what I read is that the increased productvity behind this economy reduces the likliehood of infation.

I can't really speak on what you have heard.

 

[sealybobo]

Bullshit. Inflation has killed your "wonderful" economy. What matters is what people can afford. I could afford Christmas during the Trump years. No more.

Remember, inflation started on Trump's watch and his policies caused it too.

Inflation has "killed" the economy for whom?

Household wealth swelled at a record pace during the pandemic. From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. It’s the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall. Surging home values and rising stock ownership fed the surge.

Remember. If you were a loser on Biden's watch, you're probably still going to be a loser on Trump's watch too.

 

[sealybobo]

I can't really speak on what you have heard.

Unions won big on Biden's watch. You may not realize it but that helps all the blue collar people struggling that Trump says he's going to help. Biden has already helped them. They got raises that made up for inflation.

So it's non union blue collar who are struggling. What are you/Trump going to do for them?

 

[westwall]

Yes it is. Joe is handing off another STRONG economy to Trump (who will claim he did it)

An amazing accomplishment considering the smoking hole in the ground Biden was handed

Seven reasons why today’s economy is historically strong

Economic performance looms large in every presidential election year. In 2024, people’s perception of their own economic situation is high, yet their estimation of the economy’s performance more generally has been noticeably negative. It is often taken as given in economic commentary that the...

www.epi.org

No, it's not. The middle class is suffering no matter the propaganda you insist on posting.

 

[sealybobo]

You know this is a lie.
But then, that's all you have.

But they have to go pee in the men's bathroom?

 

[pknopp]

Unions won big on Biden's watch. You may not realize it but that helps all the blue collar people struggling that Trump says he's going to help. Biden has already helped them. They got raises that made up for inflation.

I'm not trying to defend Trump. I simply stated basic facts on how the economy works.

So it's non union blue collar who are struggling. What are you/Trump going to do for them?

Me? I'm going to remain retired. The question wasn't what anyone was going to do for anyone so I had no obligation to address that.

 

[sealybobo]

I'm not trying to defend Trump. I simply stated basic facts on how the economy works.




Me? I'm going to remain retired. The question wasn't what anyone was going to do for anyone so I had no obligation to address that.

Huh? You guys have been saying Biden's economy is not great, even though every way Trump measured his economy, Biden's is better. You sure did say you were going to fix inflation. That's doing for someone. That was a campaign promise. To fix what's wrong.

I want to see Trump lower what landlords charge in rent.

He aint gonna. What Republicans will say is go out and find another job that pays more. You should have got a raise under Biden. Did you not? So then why complain about inflation? You complain that these poor blue collar non union workers aren't making enough to survive. Now you're going to fix it. Can't wait!

 

[pknopp]

Huh? You guys

"You guys"

Bugger off.

 

[ColonelAngus]

Kamala gave $10 million to Beyonce, and does not have enough money to pay her campaign staff.

No way should she be in charge of $7T annual budget.

 

[pknopp]

Kamala gave $10 million to Beyonce, and does not have enough money to pay her campaign staff.

No way should she be in charge of $7T annual budget.

Trump owes cities for his rallies all over the country.

 

[sealybobo]

"You guys"

Bugger off.

Just remember, America has been doing great. Did great in the 70's, 80's, 90's, 2000's, 2010's and 2020's. We had a Bush Great Recession and Trump's was even worse but that shit happened all around the world. Do you know who got richer? Rich Americans.

Look at during Covid

Household wealth swelled at a record pace during the pandemic. From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. It’s the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall. Surging home values and rising stock ownership fed the surge.

If you’re a 50-something and you’re not worth a cool $1 million, do not despair. Those numbers are averages, and the super-rich drive them waaaay up.

50-somethings​

• Average net worth: $1,132,532 (ages 50-54), $1,442,075 (ages 55-59)
• Median net worth: $272,800 (ages 50-54), $320,700 (ages 55-59)

If you think the GOP is going to fix America for the Median, I got news for you.

 

[pknopp]

Just remember, America has been doing great. Did great in the 70's, 80's, 90's, 2000's, 2010's and 2020's. We had a Bush Great Recession and Trump's was even worse but that shit happened all around the world. Do you know who got richer? Rich Americans.

The one's the Democrats promised over and over and over to make them pay their fair share but then hit the middle class instead.

Look at during Covid

Household wealth swelled at a record pace during the pandemic. From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. It’s the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall. Surging home values and rising stock ownership fed the surge.

If you’re a 50-something and you’re not worth a cool $1 million, do not despair. Those numbers are averages, and the super-rich drive them waaaay up.

50-somethings​

• Average net worth: $1,132,532 (ages 50-54), $1,442,075 (ages 55-59)
• Median net worth: $272,800 (ages 50-54), $320,700 (ages 55-59)

If you think the GOP is going to fix America for the Median, I got news for you.

Bugger off, I've never said anything even close to that.

 

[sealybobo]

The one's the Democrats promised over and over and over to make them pay their fair share but then hit the middle class instead.




Bugger off, I've never said anything even close to that.

You're going to learn that Biden has been the most FDR president since FDR.

Remember Trump bragged no one's been better to blacks? Guess what? Based on Trump's numbers to come to that conclusion, Biden is now the best president EVER to black people. So how come blacks didn't vote for Kamala? It's cause they are stupid just like you.

Since taking office, President Biden has fought to build a fairer tax system that rewards work, not wealth; asks the wealthiest Americans and largest corporations to pay their fair share; and requires all Americans to play by the same rules and pay the taxes they owe. He has already secured historic legislation to make our tax code fairer, from enacting a corporate minimum tax so that billion-dollar companies can’t get away with paying $0 in Federal income taxes to giving the Internal Revenue Service (IRS) the tools it needs to make wealthy tax cheats pay the taxes they owe. President Biden will fight to stop Republican plans to add trillions to the deficit with tax cuts skewed to the wealthy and largest corporations. Republicans would rather add trillions to the national debt than take back even one dollar of the $150 billion annual rate cut corporations received under President Trump. Now, President Biden’s Budget will cut taxes for working families and lower deficits by trillions of dollars over a decade by making the wealthy and big corporations pay their fair share—and no one earning less than $400,000 per year will pay a penny in new taxes.

 

[pknopp]

You're going to learn that Biden has been the most FDR president since FDR.,

Well no, I'm not.

Remember Trump bragged no one's been better to blacks?

Bugger off. I'm not defending Trump.

 

[sealybobo]

Kamala gave $10 million to Beyonce, and does not have enough money to pay her campaign staff.

No way should she be in charge of $7T annual budget.

Trump had to pay Melania to show up.

 

[justoffal]

This is the second time Trump's being handed a great economy. Trump can pass massive tax breaks we can't afford and it could provide a very minor improvement to an already great economy. But then it will also eventually cause inflation or cause an excuse why we need to make cuts to social security and medicare.

The American people deserve what's coming.

Household wealth swelled at a record pace during the pandemic. From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. It’s the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall. Surging home values and rising stock ownership fed the surge.

If you’re a 50-something and you’re not worth a cool $1 million, do not despair. Those numbers are averages, and the super-rich drive them waaaay up.

How much will Republican policies fuck you depends on where you fall. If you fall in the average you will be okay. Median not so much. I'm hoping by 59 years old I have $1 million. I should. So I'm not in the median or the average.

50-somethings​

• Average net worth: $1,132,532 (ages 50-54), $1,442,075 (ages 55-59)
• Median net worth: $272,800 (ages 50-54), $320,700 (ages 55-59)

Adjusting for inflation my ass...
Personal debt is at record highs.
People buying groceries with credit cards. Still totally obtuse eh?

 

[sealybobo]

Jenner is not a drag show performer.

Need another example?

Republican Wants To Block First Openly Trans Congresswoman From Using The Bathroom​

Rep. Nancy Mace (R) introduced the resolution, saying it was "common sense" while using demeaning language about her future colleague.

Republican Rep. Nancy Mace (S.C.) introduced a measure to ban transgender women from using the women’s bathrooms at the Capitol, just weeks after the state of Delaware elected the first openly transgender member of Congress.
The resolution, if adopted, would prohibit those in Congress, officers and employees of the House of Representatives from using single-sex facilities “other than those corresponding to their biological sex.”

Mace said Tuesday that House Speaker Mike Johnson (R-La.) would include the measure in the House rules package next year, meaning it would almost certainly take effect.
“The speaker has said he’ll put it in the House rules package,” Mace told HuffPost after leaving a House Republican meeting where her proposal was favorably discussed. “If he doesn’t, I intend to amend the House rules package and/or bring a privileged motion to the floor.”

Mace said she introduced the resolution “100%” specifically in response to the arrival of Representative-elect Sarah McBride (D-Del.), who made history earlier this month when she won Delaware’s lone seat in the House.
During press conference after the meeting, Johnson refused to say if he would include the Mace measure in the House rules package, saying only that all members would be accommodated.

Johnson also refused to say, in response to a reporter’s question, if McBride is a man or a woman.
“I’m not going to get into this,” Johnson said. “We welcome all new members with open arms.”
Mace announced her resolution Monday on social media.
“Biological men in women’s restrooms is a complete invasion of our privacy,” Mace wrote on X, saying her resolution was “common sense” while using demeaning language about McBride.
Asked about the proposal by reporters later Monday, Mace said she wasn’t concerned about her future colleague’s opinions on the matter.
“No, Sarah McBride doesn’t get a say in this,” Mace said. “If you’re a biological man, you shouldn’t be in women’s restrooms.”

Trump said Bruce can use the ladies room in Trump Towers. But isn't that at odds with Trump?

McBride responded on X Monday, calling the proposal a “blatant attempt from far right-wing extremists to distract from the fact that they have no real solutions to what Americans are facing.”
“Every day Americans go to work with people who have life journeys different than their own and engage with them respectfully, I hope members of Congress can muster that same kindness,” she wrote. “…We should be focused on bringing down the cost of housing, health care, and child care, not manufacturing culture wars.”
“Delawareans sent me here to make the American dream more affordable and accessible and that’s what I’m focused on.”
McBride did not immediately reply to HuffPost’s request for comment on the matter.

 

[sealybobo]

Adjusting for inflation my ass...
Personal debt is at record highs.
People buying groceries with credit cards. Still totally obtuse eh?

No shit stupid. What happens when you buy a home? Aren't home prices high? So duh!!! If homes that used to cost $150K cost $300K now, you better believe it. But that may be bad for you but not us rich people who already own homes.

Household wealth swelled at a record pace during the pandemic. From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. It’s the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall. Surging home values and rising stock ownership fed the surge.

And what's funny is you guys didn't let us point to the stock market but the second Trump won and the stock market went up, you changed your tune fast. I don't know how many people asked me "do you have a 401K"? Yes I do. But I also had one when Biden was president and the stock market was great.

 

[pknopp]

Need another example?

Republican Wants To Block First Openly Trans Congresswoman From Using The Bathroom​

Rep. Nancy Mace (R) introduced the resolution, saying it was "common sense" while using demeaning language about her future colleague.

Republican Rep. Nancy Mace (S.C.) introduced a measure to ban transgender women from using the women’s bathrooms at the Capitol, just weeks after the state of Delaware elected the first openly transgender member of Congress.
The resolution, if adopted, would prohibit those in Congress, officers and employees of the House of Representatives from using single-sex facilities “other than those corresponding to their biological sex.”

Mace said Tuesday that House Speaker Mike Johnson (R-La.) would include the measure in the House rules package next year, meaning it would almost certainly take effect.
“The speaker has said he’ll put it in the House rules package,” Mace told HuffPost after leaving a House Republican meeting where her proposal was favorably discussed. “If he doesn’t, I intend to amend the House rules package and/or bring a privileged motion to the floor.”

Mace said she introduced the resolution “100%” specifically in response to the arrival of Representative-elect Sarah McBride (D-Del.), who made history earlier this month when she won Delaware’s lone seat in the House.
During press conference after the meeting, Johnson refused to say if he would include the Mace measure in the House rules package, saying only that all members would be accommodated.

Johnson also refused to say, in response to a reporter’s question, if McBride is a man or a woman.
“I’m not going to get into this,” Johnson said.

What? Johnson doesn't know what a woman is?

 

[justoffal]

No shit stupid. What happens when you buy a home? Aren't home prices high? So duh!!! If homes that used to cost $150K cost $300K now, you better believe it. But that may be bad for you but not us rich people who already own homes.

Household wealth swelled at a record pace during the pandemic. From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. It’s the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall. Surging home values and rising stock ownership fed the surge.

And what's funny is you guys didn't let us point to the stock market but the second Trump won and the stock market went up, you changed your tune fast. I don't know how many people asked me "do you have a 401K"? Yes I do. But I also had one when Biden was president and the stock market was great.

Ergo once again two completely different definitions for inflation. As I have said a hundred times before. Can Trump fix it? Doubtful.