8.3%
- Thread starter TarHeelEer
- Start date
Don't look at your 401k today, or this week, or this decade.
Did anyone hear creepy Joe out there touting "wage increases" as these inflation numbers were being announced? 2% wage increases don't keep pace with near double digit inflation (higher for food).
Hey, I just said what they told me to say, I don't understand any of it!
That's OK creepy Joe...we know how much of an absent minded slate you are. Just stick to being creepy, we're used to that!
Hey, I just said what they told me to say, I don't understand any of it!
That's OK creepy Joe...we know how much of an absent minded slate you are. Just stick to being creepy, we're used to that!
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I'm as blue collar dirty hands middle class as a American can get & I promise my paycheck does not even touch what it did a couple years ago . Unless you are getting government hand outs there is no way on earth you arehappy right now.
Or if you are a Leftist Socialist income redistribution type you're positively ecstatic over record deficit spending, higher taxes on wealth producers and corporations and men dressing as women thinking they can get pregnant.
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no way! I lived through Carter and he is the worse. Joe is definitely second, then crack pipe Obama.
uh oh. I hope they don't come to my houses. Damn, speaking out, or activism, could land you in jail.
I'm making stickers that say "Democrats did that" with a pic of Pelosi, Schumer, Manchin & Biden.
Gotta say surprised to see Lyn Alden getting posted here. She's awesome tho!
As for your first point on hoping we don't see war soon
Does the US know any other way to fix an economy?
Got to give Trump some props for getting energy sector on high production, producing 2 mill barrels more per day, exporting 1 mill, and getting the economy going pretty good without starting one. Too bad we never got the chance to see if it could be sustained
Everything that's happened since Joe Biden was installed has been set to deconstruct every positive policy for the economy Trump set up. Whatever he did that was working, this installed regime has set up a policy to destroy it. Your example is one, the wall is another, taxes are another, just pick any issue and you'll find the exact opposite set up by this regime to undo whatever good Trump's policies were doing for the country.
That's not by accident.
he lowered interest rates and increased the money supply more than any other president before him
its hard for me to tell if he did anything other than make the symptoms look a little better before **** hit the fan
He didn’t lower interest rates. The Fed did, which is independent of the office. And during his time, the Fed raised rates a couple of times.
Energy production is an unbelievable feather in his cap. The oil producers hated cheap oil but the population loved it. it would automatically lower the cost of transportation for everything.
did you vote for the fed chair? who appoints the fed chair?
he was bitching about them being too high he wanted them negative
he also was the president while the entire economy was put on pause which I believe most would agree led to all the trouble we have now
You're not counting all the repatriated dollars that came back home from overseas once he cut corporate tax rates. The money supply increased due to increased economic activity, not phony "stimulus". Inflation was low because GDP was expanding and while spending was increasing, we were generating more revenue coming into the treasury not less due to increased economic activity. What "supply line" issues were we having during the booming Trump years?
If you want to blame him for shutting the economy down OK...but then you're admitting he got bad advice from the so called "experts" who were warning of mass fatalities from the Covid menace if he didn't. Turns out all of that was not only wrong, but unnecessary. He didn't make the decision to shut the economy down, he followed the advice of the fear mongers warning him what would happen if he didn't.