While I think the economy is just MEh....I think that ppl like Manchin screwed up by not voting for more. I wanna know when the infrastructure money will start showing up in roads and new Bridges. Seems like it's way behind the votes. Dems suck at messaging on accomplishments tho too. Biden needs to get a better press person and campaign manager. It's time to start with all the total bullshit from both sides...but at least we don't hear about the post office guy or the education lady who was the millionaire inheritance of Amway doing crazy bullshit.You can forget about any infrastructure repair or upgrades. They will put money into fixing up beloved Israel and Ukraine after their little wars are over. This Country's leadership is a joke.
Remember when the guy who was in charge of the US post office decided he was going to just destroy Mass mail sorters, oh and by the way just before an election? You can't make that shit up - talk about right in your face fucking cheating Originally Posted by eyecu2
... President Biden's economy has be a DISASTER! ...How has it been a disaster? Just repeating that doesn’t make it so.
His presidency has brought war, poverty and weakness.
While the President on before him brought peace, prosperity and strength.
#### Salty Originally Posted by Salty Again
It just kills the Magas how well things are going. Originally Posted by royamcr
How has it been a disaster? Just repeating that doesn’t make it so.
War, poverty and weakness? Understand the first two, but weakness? Were you going for something prosaic there, amigo?
Peace, prosperity and strength under Trump. Yeah, you said that.
Salty, you really need to get a writing job with the Trump campaign. Your work has not gone unnoticed, Patriot!
HAHAHAHAHAHAHAHAHAHAH Originally Posted by Yssup Rider
How has it been a disaster? Just repeating that doesn’t make it so.Biden's government spent, borrowed, and printed trillions of dollars, inflation returned to levels not seen in 40 years with the currency becoming devalued 40%/ This leaves no choice. Powell raise the rates to fix Joes mistakes.
War, poverty and weakness? Understand the first two, but weakness? Were you going for something prosaic there, amigo?
Peace, prosperity and strength under Trump. Yeah, you said that.
Salty, you really need to get a writing job with the Trump campaign. Your work has not gone unnoticed, Patriot!
HAHAHAHAHAHAHAHAHAHAH Originally Posted by Yssup Rider
Biden's government spent, borrowed, and printed trillions of dollars, inflation returned to levels not seen in 40 years with the currency becoming devalued 40%/ This leaves no choice. Powell raise the rates to fix Joes mistakes. Originally Posted by HonestJohnInflation rates in other similar countries were just as high and higher in some countries. Is Biden to blame for that or maybe there are other factors to consider. Just as there were factors involved in the 2020 GDP being -2.8% under Trump.
Inflation rates in other similar countries were just as high and higher in some countries. Is Biden to blame for that or maybe there are other factors to consider. Just as there were factors involved in the 2020 GDP being -2.8% under Trump. Originally Posted by SpeedRacerXXX
Biden's policies promote long term systematic inflation, It is really that simple. Mostly with increased government regulations that increase the cost of business to operate.Your last statement may or may not be true but it is a fact that the reaction to Covid was the primary reason for the inflation rate being so high. The rate has eased considerable in 2023.
Your numbers just point out that all countries over reacted to Covid and totally fucked up the economy and increased inflation. Originally Posted by farmstud60
Inflation rates in other similar countries were just as high and higher in some countries. Is Biden to blame for that or maybe there are other factors to consider. Just as there were factors involved in the 2020 GDP being -2.8% under Trump. Originally Posted by SpeedRacerXXXFair enough and there's truth in what you're saying. However, inflation kicked off in the USA months before it did in other countries, because of the way-overdone fiscal stimulus resulting from Biden's American Rescue Plan (ARP). Larry Summers and Jason Furman, two top Democrat economists, were shouting from the rooftops at the time that it was a bad idea. Not only was it likely to juice inflation, but perhaps more importantly it ran up the national debt by another $1.9 trillion.
Whatever the case for the 1% or even the 10%, I know I felt more economically confident in early 2019 than I have ever since. Took the Grand kids for a drive through lunch and it was ~$50. Later on we got frozen Yogurt, and it was $40 . . .and that was for two adults and two kids.
Throw in the movie in between and the total amounted to what we spent on Christmas for them a few years ago!
Sure, the rate of inflation has come down, but we are still stuck with the inflated prices that came after Biden took office. Originally Posted by ICU 812