Who Made Life In The U.S. Unaffordable?

[Conservative from Georgia]

First off, it was Biden and the Democrats who had a four year inflation rate total of about 20%. So, when Trump has like 2.8% inflation, it gets added onto the inflation we already had under Democrats. So, prices under Trump are 22.8% higher than prices were four years ago. Then, you have to also consider that the blue states are the ones with higher prices and Trump can't do that much for blue state inflation. Democrats own that.


The Democrats have decided that “affordability” is the issue that will win the next election cycle. Are they daft? The most unaffordable states and cities in the country are Democrat strongholds.

Who Made Life In The U.S. Unaffordable?

The Democrats, of course.

issuesinsights.com

This OP is contradicting Trump who says the affordability debate is a hoax.

 

[Oddball]

Who Made Life In The U.S. Unaffordable?​

 

[midcan5]

Life in America is unaffordable, who knew, you learn something new every day but the trouble is the source and information is often kinda stupid as it is in this case. Oh well. Too funny actually that people are this narrow minded and dumb.

 

[Oddball]

Too funny actually that people are this narrow minded and dumb.

The voice of experience.

 

[LeftofLeft]

It wasn't flat. It was growing, low unemployment economy.

Trump1 Real GDP growth is in yellow, do you see any growth we didn't see under Obama? I don't.

View attachment 1193459

And what did Bush and Trump hand off? Steaming pile of crap to dig out of is what they handed off.

Obama’s average annual growth in GDP was an anemic 1.5 percent. As for unemployment, it took Obama six years to go from 9.6 percent to less than 6.0 percent. Trump got hit with a global pandemic in March 2020, unemployment shot up to 14.7 percent. By October 2020 - 6 months later, unemployment under Trump was under 7 percent. Point being - Obama dragged his ass on Unemployment for 6 years.

 

[Crepitus]

First off, it was Biden and the Democrats who had a four year inflation rate total of about 20%. So, when Trump has like 2.8% inflation, it gets added onto the inflation we already had under Democrats. So, prices under Trump are 22.8% higher than prices were four years ago. Then, you have to also consider that the blue states are the ones with higher prices and Trump can't do that much for blue state inflation. Democrats own that.


The Democrats have decided that “affordability” is the issue that will win the next election cycle. Are they daft? The most unaffordable states and cities in the country are Democrat strongholds.

Who Made Life In The U.S. Unaffordable?

The Democrats, of course.

issuesinsights.com

Billionaires.

 

[kyzr]

This OP is contradicting Trump who says the affordability debate is a hoax.

The hoax is blaming Trump or his tariffs for the "affordability" crisis.
Biden's 20% total inflation is the real cause of affordability, put the blame where it belongs.

https://thehill.com/homenews/administration/5636744-donald-trump-joe-biden-affordability-crisis/

Trump says Biden to blame for affordability crisis: ‘I’M FIXING IT’​

 

[TruthSeeker112125]

Over-reaction by tyrannical Democrat political leaders to a flu-like illness that resulted in economic shut-downs and un-neccesary disruption of supply and demand balance through un-needed and oppressive social and economic restrictions/constrictions.

i.e. socialist fascists like you fabricating a phony crisis to exert oppressive social controls and restraints.

Followed by "election" of a Democratic idiot for POTUS. (And other Democratic idiots in city and state governments)

I Disagree,..... Trump's Tarriffs, during his First Term, caused Massive Price increases that put a Severe Strain on the Middle Class, while the Upper Class benefited greatly. One example of these "Price increases" was a 250 ft roll of 12-2NM Wire, going from 30.00 a roll to $179.00 a roll! Another example was a 4ft x 8ft sheet of 26 Gauge metal went from #22.00 to $45.00! And one more example was a bag of 25ft long 6" Class 1 Flex pipe went from $18.00 a bag, to $40.00 a bag!

To make matters worse,..... With America's Manufacturers having largely "Moved overseas",..... Heating/Air Conditioning/Refrigeration Systems, & Parts also suffered a Massive Price Hike, AND,..... The "Trump Tarriffs, slowed down/or stopped their regular shipments to America!

What "Saved Trump's Ass", was the appearance of the "Man made Wuhan Flu", that brought about Lock-downs, & Shipping Disruptions, upon which he placed the blame on for rising prices. The Massive Price increases began, due to Trump's Actions, & They became much worse, during the "Wuhan Virus".

 

[Stryder50]

I Disagree,..... Trump's Tarriffs, during his First Term, caused Massive Price increases that put a Severe Strain on the Middle Class, while the Upper Class benefited greatly. One example of these "Price increases" was a 250 ft roll of 12-2NM Wire, going from 30.00 a roll to $179.00 a roll! Another example was a 4ft x 8ft sheet of 26 Gauge metal went from #22.00 to $45.00! And one more example was a bag of 25ft long 6" Class 1 Flex pipe went from $18.00 a bag, to $40.00 a bag!

To make matters worse,..... With America's Manufacturers having largely "Moved overseas",..... Heating/Air Conditioning/Refrigeration Systems, & Parts also suffered a Massive Price Hike, AND,..... The "Trump Tarriffs, slowed down/or stopped their regular shipments to America!

What "Saved Trump's Ass", was the appearance of the "Man made Wuhan Flu", that brought about Lock-downs, & Shipping Disruptions, upon which he placed the blame on for rising prices. The Massive Price increases began, due to Trump's Actions, & They became much worse, during the "Wuhan Virus".

Documentation~sources~links for your claims ???
Or is this just inflated opinion ?

BTW, you were OK with the USA subsidizing CCP's PRChina's weapons and military build-up which the CCP claims is for their eventual challenge, threats, and actions to reduce USA strength and influence globally and supplant with PRChina being the dominate global power. ~ ???

When blaming past government administrations (D & R) along with "America's Manufacturers" for "having largely "Moved overseas"" don't forget that the prime driver in all this was 'We the People', the American consumers. When we bought the $2 pancake-flipper made (with 'slave' labor) in PRChina, rather than the $4 pancake-flipper made in USA by "union labor" working in "America's Manufacturers" we sent a clear message to USA Business and Industries.; = "We want the cheaper stuff from China."

Hoisted on our own petard.

We now pay the price of our decades of folly, as we try to transition back to where things should have stayed in USA financials and industry, consumer products, etc.

 

[Stryder50]

I talk like someone who know basic macroeconomic data and facts.

You sound like a fantasy peddling hack who continiously posts counter-factual nonsense.

 

[AntonToo]

Obama’s average annual growth in GDP was an anemic 1.5 percent.

More bullshit, Obama averaged 2.3%...JUST LIKE TRUMP

U.S. Gross Domestic Product (GDP) Growth by President

Gross domestic product (GDP) growth is the most popular way to measure economic growth. Actions that the president takes while in office can influence GDP growth, as can events such as recessions, pandemics, or wars.

www.investopedia.com

And why the hell would you average in 2009 recession in a conversation about what Obama handed off to Trump in 2017? You just sound silly with a side of desperate.

 

[LeftofLeft]

More bullshit, Obama averaged 2.3%...JUST LIKE TRUMP

View attachment 1193960

U.S. Gross Domestic Product (GDP) Growth by President

Gross domestic product (GDP) growth is the most popular way to measure economic growth. Actions that the president takes while in office can influence GDP growth, as can events such as recessions, pandemics, or wars.

www.investopedia.com

And why the hell would you average in 2009 recession in a conversation about what Obama handed off to Trump in 2017? You just sound silly with a side of desperate.

All Presidents need have to deal with a recession, inherited or otherwise. It is how a President responds. Obama inherited the financial crisis that occurred during last two years of Bush administration because of Congressional push to lax financial qualifications for mortgages. Obama responded by pushing increased regulatory statutes in other sectors most prominent in Energy (“Energy prices must necessarily go up”).

Talk about desperation….. you ignore the impact of a global pandemic on Trump’s economy. The financial crisis impacting Obama’s economy was self-inflicted by US.

 

[citygator]

Why would anyone think the US is unaffordable? I mean Trump just did this to make life super affordable for the top 1%:

• The richest 1 percent of Americans will receive an average net tax cut of $66,000, many, many times more than the average tax cut received by other income groups.
• The richest 1 percent of Americans will receive a total of $117 billion in net tax cuts in 2026. The middle 20 percent of taxpayers on the income scale, a group that has 20 times the number of taxpayers as the richest 1 percent, will receive less than half that much, $53 billion in net tax cuts that year.
• The $117 billion in net tax cuts going to the richest 1 percent next year will exceed the amount going to the entire bottom 60 percent of taxpayers (about $77 billion).
• More than 70 percent of the net tax cuts will go to the richest fifth of Americans in 2026, only 10 percent will go to the middle fifth of Americans, and less than 1 percent will go to the poorest fifth.
• The richest 5 percent alone will receive 45 percent of the net tax cuts next year.
• The effects of President Trump’s tariff policies alone offset most of the tax cuts for the bottom 80 percent of Americans. For the bottom 40 percent of Americans, the tariffs impose a cost that is greater than the tax cuts they will receive under this legislation.
• Even foreign investors who own shares in U.S. companies will benefit more than many Americans. These foreign investors will enjoy $32 billion in tax cuts in 2026 compared to just $1.5 billion for the bottom 20 percent of Americans.

Analysis of Tax Provisions in the Trump Megabill as Signed into Law: National and State Level Estimates

President Trump has signed into law the tax and spending “megabill” that largely favors the richest taxpayers and provides working-class Americans with relatively small tax cuts that will in many cases be more than offset by Trump's tariffs.

itep.org

 

[Rambunctious]

California used to be the place where people went to chase dreams. Today, it’s the place where fiscal discipline goes to die. The Golden State, which is home to Hollywood glitz, Silicon Valley billionaires and the highest state taxes in America, is broke again. It's staring down another multibillion-dollar deficit that exposes just how unstable and dysfunctional its financial model has become. In short, the Golden State isn’t so golden anymore.

For years, politicians like Democrat Gov. Gavin Newsom have insisted that California is the shining example of fiscal sensibility that America should follow. But when you peel back the layers, what you really find is a state government that can’t stop spending, can’t plan for the future and is now caught in a structural budget crisis of its own making

 

[Woodznutz]

We spent 40 years voting over anger at a welfare queen half a country away, instead of voting for our own, economic self interests.

It takes more than voting. People have to make better financial decisions once the money is in their hands.

 

[Hafar1014]

Why would anyone think the US is unaffordable? I mean Trump just did this to make life super affordable for the top 1%:

• The richest 1 percent of Americans will receive an average net tax cut of $66,000, many, many times more than the average tax cut received by other income groups.
• The richest 1 percent of Americans will receive a total of $117 billion in net tax cuts in 2026. The middle 20 percent of taxpayers on the income scale, a group that has 20 times the number of taxpayers as the richest 1 percent, will receive less than half that much, $53 billion in net tax cuts that year.
• The $117 billion in net tax cuts going to the richest 1 percent next year will exceed the amount going to the entire bottom 60 percent of taxpayers (about $77 billion).
• More than 70 percent of the net tax cuts will go to the richest fifth of Americans in 2026, only 10 percent will go to the middle fifth of Americans, and less than 1 percent will go to the poorest fifth.
• The richest 5 percent alone will receive 45 percent of the net tax cuts next year.
• The effects of President Trump’s tariff policies alone offset most of the tax cuts for the bottom 80 percent of Americans. For the bottom 40 percent of Americans, the tariffs impose a cost that is greater than the tax cuts they will receive under this legislation.
• Even foreign investors who own shares in U.S. companies will benefit more than many Americans. These foreign investors will enjoy $32 billion in tax cuts in 2026 compared to just $1.5 billion for the bottom 20 percent of Americans.

Analysis of Tax Provisions in the Trump Megabill as Signed into Law: National and State Level Estimates

President Trump has signed into law the tax and spending “megabill” that largely favors the richest taxpayers and provides working-class Americans with relatively small tax cuts that will in many cases be more than offset by Trump's tariffs.

itep.org

Trumps tax cuts target the middle class and seniors. They will get a large refund ad paychecks will increase as withholdings drop. Every democrat voted against middle class tax cuts. Wages hav also increased under Trump.

 

[AntonToo]

All Presidents need have to deal with a recession, inherited or otherwise. It is how a President responds. Obama inherited the financial crisis that occurred during last two years of Bush administration because of Congressional push to lax financial qualifications for mortgages. Obama responded by pushing increased regulatory statutes in other sectors most prominent in Energy (“Energy prices must necessarily go up”).

Talk about desperation….. you ignore the impact of a global pandemic on Trump’s economy. The financial crisis impacting Obama’s economy was self-inflicted by US.

CONCENTRATE.

Don't wander off, don't post irrelevant tangents and counterfactual bs.

just CONCENTRATE:

Obama handed off to Trump a solid economy.

Not a single word you've just said has anything to do with refuting that and your prior attempt was based on bad data that you misused.

 

[Hafar1014]

CONCENTRATE.

Obama handed off to Trump a solid economy.

CONCENTRATE.

Don't wander off, don't post irrelavant tangents.

just CONCENTRATE:

Obama handed off to Trump a solid economy.

Not a single word you've just said has anything to do with refuting that.

Obama gave Trump a declining GDP an an economy based on debt. The economy didnt improve until Trump cut taxes and canceled 1200 Obama regulations.
Then Biden destroyed it with inflation and high oil prices

 

[citygator]

Trumps tax cuts target the middle class and seniors. They will get a large refund ad paychecks will increase as withholdings drop. Every democrat voted against middle class tax cuts. Wages hav also increased under Trump.

You clearly didnt read. Almost all the benefit went to the top income earners. Life got more affordable for the affluent and less affordable for the rank and file. I dont care. I was just pointing out that if you think life is unaffordable you are just not rich enough and likely voted for that fact.

 

[AntonToo]

Obama gave Trump a declining GDP

More bullshit. Real GDP grew 1.8% in 2016. It did not decline (negative GDP).

You right wingers just can't help yourself to facts, can you?