The Economy has not Been this Good Since Slick Willy was in the White House

[Chillicothe]

Notably in tonight's newsfeeds:


"Robust holiday shopping sends economy soaring into 2024
The U.S. economy is in a far better place than just about anyone expected, zapping any hints of a recession and bolstering hope that people will keep opening their wallets in 2024.
By Rachel Siegel and Aaron Gregg

 

[Oddball]

Notably in tonight's newsfeeds:


"Robust holiday shopping sends economy soaring into 2024
The U.S. economy is in a far better place than just about anyone expected, zapping any hints of a recession and bolstering hope that people will keep opening their wallets in 2024.
By Rachel Siegel and Aaron Gregg

All on credit......Love me some revolving 20% interest rates!

 

[The Duke]

All on credit......Love me some revolving 20% interest rates!

Who has good savings account interest these days? Asking for a friend..

 

[Marener]

That's what Obama, the guy running things again for a 3rd illegal term right now did.

For 8 years, and now going on 11.

Inflation didn’t spike when Obama did it. It did spike when Trump did it.

 

[The Duke]

Inflation didn’t spike when Obama did it. It did spike when Trump did it.

Inflation didn't happen until Biden policies took effect; Shitbird liar.

 

[The Banker]

Inflation didn't happen until Biden policies took effect; Shitbird liar.

hey retard inflation has lag. Just like we have seen inflation plummet this year after policy was put in place in 2022 to lower it...

Trump printed all the money, Trump exploded the deficit, and trump handed out $trillions to everybody recklessly.
DeSantis said it best in the debate, Trump's reckless deficit and debt cause the inflation we have now.

 

[The Duke]

hey retard inflation has lag. Just like we have seen inflation plummet this year after policy wa spu in place in 2022 to lower it...

Trump printed all the money, Trump exploded the deficit, and trump handed out $trillions to everybody recklessly.
DeSantis said it best in the debate, Trump's reckless deficit and debt cause the inflation we have now.

STFU liar. Geez, you don't fool anyone with your lies.

 

[YoursTruly]

Trump printed all the fake money, Trump handed out all the fake money, Trump exploded the deficit to record levels, and trump is most responsible for those increases because of all the money he handed out to everybody.

Agreed. But you're dismissing the fact that Biden is doing the same thing Trump did.

 

[The Duke]

Agreed. But you're dismissing the fact that Biden is doing the same thing Trump did.

Trump cut useless government jobs, funding UNRWA that funds HAMAS, and had America energy independent.

The Biden Administration undid all that as fast as they could go, and screwed up more stuff, too.

Appliances, California water..yeah, these people are not for making Americans' lives better. In fact they're downright

hostile to it.

US taxpayer money bought and is buying HAMAS drones to drop bombs on innocent people with for Christmas.

 

[Marener]

Inflation didn't happen until Biden policies took effect; Shitbird liar.

It didn’t spike until the economy turned back on and people started spending the large quantities of money that the government blanketed the country with.

The conditions were primed as Trump left office.

You’re not a big fan of basic facts.

 

[Delldude]

There is no middle class in socialism.......how's that working out for them?

 

[justoffal]

Joe Biden has a significantly better economy than Trump or Bush because the results prove this.
When is a republican going to have an economy this good???

The results are undeniable now.
-Inflation has plummeted and is at the FED target. it has consistently came in at 0.1-0.3% MoM for the past many months.
-GDP is mega booming coming in at 4.9% last quarter and on pace for 3+% this year, better than anything Trump could ever do.
-Interest rates are set to be lowered because inflation has plumetted. Trump's economy was addicted to 0% rates and crashed in 2018 when they tried to raise them to a little 2%.
-Trump borrowed $trillions before and after covid, exploding the deficit before covid, and handing out $trillions to everybody all throughout his presidency. Trump had world record deficits, with world record FED balance sheet expansion, and world record fake money handouts to everybody causing the inflation we had in 2022. Biden has fixed ALL of that.
-Unemployment is at record lows and the jobs market is extremely good and strong. Jobs for all because of Biden's booming economy.
-Corporate earnings have been very good and very strong.

Bill Clinton was a great president with an incredible economy. Joe "Bill Clinton 2.0" Biden has a great economy that could be set to BOOM even more when the FED cuts rates early next year.
This could be the beginning of another Bill Clinton Golden Age, and there are a lot of similarities to 1995.

The U.S. economy is doing even better than the government thought

U.S. consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported.

www.cbsnews.com

Dude.....the economy sucks.
If you're talking about the top 1% then maybe you have a point?

 

[Chillicothe]

All on credit

Some, no doubt. Lots pay off their card each month. Lots don't.
But can we infer that with your mildly snarky response you don't trust Americans?
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Who has good savings account interest these days?

I dunno. I don't do 'savings' with banks.
So, if you are looking..... and seeking income as merely an individual taxable investor I'd suggest you check out short term bond funds in any of the mutual fund families that you can research in your subscription to Morningstar.
Good luck.
(ps...you can easily beat the pants off any of your local banks. Trust me.)

Inflation didn't happen until Biden policies took effect;

Which, you gotta admit, is pretty darn impressive for our President.
Per your suggestion Biden is responsible for the inflation throughout the world. Which, as you well know if you use Google, is pretty much higher than the US's.

For example, Turkey's is somewhere near 60% a year, Russia's 16%+, Czech Republic 8.5%, Cuba 37%, South Africa 5.9%. And so on.

Versus the U.S.'s at 3.1%.

So good on Joe.
Good on America.

 

[Delldude]

Lots pay off their card each month. Lots don't.

Stick with the don't part.

 

[Chillicothe]

"Dude.....the economy sucks."

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Actually, for most of America their economy doesn't suck.
Sorry 'bout your own, Offal.

After all, 'Hiring' signs are everywhere, retail sales are booming, restaurants are full, order files and lead times are full too, corporations reporting strong profits, many have record profits, employment is high, unemployment is low.

So really, Offal, we regret that you are having hard times.

Best wishes and good luck.

 

[The Duke]

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Actually, for most of America their economy doesn't suck.
Sorry 'bout your own, Offal.

After all, 'Hiring' signs are everywhere, retail sales are booming, restaurants are full, order files and lead times are full too, corporations reporting strong profits, many have record profits, employment is high, unemployment is low.

So really, Offal, we regret that you are having hard times.

Best wishes and good luck.

You know who doesn't have record profits? A supermajority of The American People.

 

[Chillicothe]

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Reactions:The Duke
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Fake News, Duke? No kidding?

Well, like with poster Offal we regret if your own personal economy sucks.
Especially when the rest of America is doing so well.

We hope you can turn your life, and your family's life....around.
Good luck.

 

[The Duke]

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Reactions:The Duke
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Fake News, Duke? No kidding?

Well, like with poster Offal we regret if your own personal economy sucks.
Especially when the rest of America is doing so well.

We hope you can turn your life, and your family's life....around.
Good luck.

Your lack of empathy for a supermajority of Americans you don't give a fuck about is duly noted.

 

[Chillicothe]

"Your lack of empathy for a supermajority of Americans you don't give a fuck about is duly noted"

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Ah, good poster Duke, it ain't my empathy or lack thereof that is determinative here.

Rather, too many of you QAnon'rs and MAGA's are sending too much money to Trump's campaign and legal defense fund and not enough to food banks, charities, missions to the poor, and homeless shelters.

So that's on you, and other QAnoners/MAGA's ---- not on my poor avatar (as we already do all that stuff).

You could be better Duke.

 

[The Duke]

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Ah, good poster Duke, it ain't my empathy or lack thereof that is determinative here.

Rather, too many of you QAnon'rs and MAGA's are sending too much money to Trump's campaign and legal defense fund and not enough to food banks, charities, missions to the poor, and homeless shelters.

So that's on you, and other QAnoners/MAGA's ---- not on my poor avatar (as we already do all that stuff).

You could be better Duke.

You could rise up from being sub-human; But you won't.