Our Marxists friends who frequent this board, keep saying how great Mr. Potato Head Biden is doing for the economy, just another nail in the coffin.

Mikeoxenormous

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May 6, 2015
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Many baby boomers across the country are now coming to terms with the hard reality that working for your entire adult life is no longer enough to guarantee you’ll have a roof over your head in your later years.
Thanks in part to a series of recessions, high housing costs and a shortage of affordable housing, older adults are now the fastest-growing segment of America’s homeless population, according to a report in the Wall Street Journal, based on data from the Department of Housing and Urban Development.
There is news that GM is laying off autoworkers, Ford is closing EV plants that arent making any money, and now Homelessness is the new fad of Joe Biden's Bidenomics. This is like Obama's economic recovery where college educated graduates were Starbucks baristas. But, but, but.....Orange Man Bad....

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So, it is teh current POTUS that is responsible for.....Thanks in part to a series of recessions, high housing costs and a shortage of affordable housing
 
So, it is teh current POTUS that is responsible for.....Thanks in part to a series of recessions, high housing costs and a shortage of affordable housing
If your getting credit for the economy you get the blame too. The current admin is taking credit for inflation coming down but they didnt do anything to make that happen the Fed did.
 
If your getting credit for the economy you get the blame too. The current admin is taking credit for inflation coming down but they didnt do anything to make that happen the Fed did.
Inflation isnt coming down, but the rate of inflation is. People are still paying more every year just not as much more than when Mr. Potato head, first took office.
 
If your getting credit for the economy you get the blame too. The current admin is taking credit for inflation coming down but they didnt do anything to make that happen the Fed did.

Indeed. So, are you saying there has been a series of recessions during this current admin?
 
So, it is teh current POTUS that is responsible for.....Thanks in part to a series of recessions, high housing costs and a shortage of affordable housing
/----/ Yes, he is. Thanks for finally seeing the light. We're in this mess because of Dementia Joe and the democRATs who are spending us into oblivion. The Fed raised interest rates to curb runaway inflation, the worst in 29 years. That drove up the cost of everything.
 
/---/ But the Lame Stream Media, democRATs and Dementia Joe claim we aren't in a recession.

You are correct, we are not in a recession. But the first reason given for the homelessness of older people was a "series of recessions".

So, I am asking you to provide the dates of those recessions since the start of 2021.
 
MSN There is news that GM is laying off autoworkers, Ford is closing EV plants that arent making any money, and now Homelessness is the new fad of Joe Biden's Bidenomics. This is like Obama's economic recovery where college educated graduates were Starbucks baristas. But, but, but.....Orange Man Bad....
The downside of a blazing economy is more expensive housing which is solved with government programs for the less fortunate. The employment situation is amazing for workers even with the 0.4% workforce change by one company and manufacturing investment is off the hook. However you have zero interest in anything useful to be considered. The usual cast of dumbasses have followed up with nonsense posts.

Also you have no idea what Marxist is and simply use it to mean peope you dont like.


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/----/ Yes, he is. Thanks for finally seeing the light. We're in this mess because of Dementia Joe and the democRATs who are spending us into oblivion. The Fed raised interest rates to curb runaway inflation, the worst in 29 years. That drove up the cost of everything.

From your own link, which is seems you did not even read....

In a 2020 journal article for the American Society on Aging, Kushel wrote that of all the homeless single adults in the early 1990s, 11% were aged 50 and older. By 2003, she says that percentage grew to 37%.

Now, the over-50 demographic represents half of the homeless single adults in the U.S. — with no sign of their numbers slowing, leaving baby boomers (those aged 57 to 75) particularly vulnerable.
 
From your own link, which is seems you did not even read....

In a 2020 journal article for the American Society on Aging, Kushel wrote that of all the homeless single adults in the early 1990s, 11% were aged 50 and older. By 2003, she says that percentage grew to 37%.

Now, the over-50 demographic represents half of the homeless single adults in the U.S. — with no sign of their numbers slowing, leaving baby boomers (those aged 57 to 75) particularly vulnerable.
/-----/
1. It wasn't my link.
2. No, I didn't read it.
3. I didn't see the link until you mentioned it. I only read the summary.
4. Fu*c Joe Biden.
 
'recession' is a term government made up after the great depression, to quell of all the folks jumping outta wall street windows

the term has been used nefariously by them ever since

note the definition is inclusive of whatever government or fed officials want to construe it as>


IE> they can introduce and/or exclude economic components to support any economic outlook they'd like

However this is seen or accepted, it's usually addressing only a point in time , vs. the flow and flux of economic well being over a greater span of time

This is what one's focus of economic metric should be.....

~S~
 
The downside of a blazing economy is more expensive housing which is solved with government programs for the less fortunate. The employment situation is amazing for workers even with the 0.4% workforce change by one company and manufacturing investment is off the hook. However you have zero interest in anything useful to be considered. The usual cast of dumbasses have followed up with nonsense posts.

Also you have no idea what Marxist is and simply use it to mean peope you dont like.


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which is solved with government programs for the less fortunate.

 

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