Biden’s economy

[Anonymous]

Anonymous wrote:2017 I making
Monthly paycheck 2400
Rent 2 bedroom apartment $550
grocery shopping. $200
Power. $50
Eating out 3x a week. $100
Internet. $25
Car payment. $200
Car issuance. 50
Other. $200
Savings about $1000

Now
Pay. 3000
Rent. $1800
Grocery shopping $800 ( for one)
Internet. $100
Power. $100
I don’t have a car anymore had to sell it.

I haven’t gone to out ton restaurant in since 2021

Where TF we’re renting a 2 bedroom for 550?

[Anonymous]

Another day, another bad economic report as new home starts in March (-14.7%) came in worse than consensus (-7%).

Bidenomics continues to ruin the US economy.

[Anonymous]

Anonymous wrote:2017 I making
Monthly paycheck 2400
Rent 2 bedroom apartment $550
grocery shopping. $200
Power. $50
Eating out 3x a week. $100
Internet. $25
Car payment. $200
Car issuance. 50
Other. $200
Savings about $1000

Now
Pay. 3000
Rent. $1800
Grocery shopping $800 ( for one)
Internet. $100
Power. $100
I don’t have a car anymore had to sell it.

I haven’t gone to out ton restaurant in since 2021

That's one way to point out that you're on a DC blog and not even remotely familiar with DC real estate

[Anonymous]

Yes, just horrible.

[Anonymous]

Anonymous wrote:

Yes, just horrible.

Inflation is too high though. It is becoming more and more apparent that the only way out of sticky inflation is to cause a recession. This is the 70s all over again.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Yes, just horrible.

Inflation is too high though. It is becoming more and more apparent that the only way out of sticky inflation is to cause a recession. This is the 70s all over again.

Yet inflation in the US is better than anywhere else. What is the GOP solution to address inflation? Everything Trump is proposing will make it worse.

[Anonymous]

Anonymous wrote:

Anonymous wrote:2017 I making
Monthly paycheck 2400
Rent 2 bedroom apartment $550
grocery shopping. $200
Power. $50
Eating out 3x a week. $100
Internet. $25
Car payment. $200
Car issuance. 50
Other. $200
Savings about $1000

Now
Pay. 3000
Rent. $1800
Grocery shopping $800 ( for one)
Internet. $100
Power. $100
I don’t have a car anymore had to sell it.

I haven’t gone to out ton restaurant in since 2021

Where TF we’re renting a 2 bedroom for 550?

Exactly. And no rent control at all. I don’t believe that person. They must have been living in Newberry South Carolina and moved to Hilton Head, South Carolina. We know it’s not the DCUM area.

[Anonymous]

The 10-year note yield is now up 90 basis points YTD and nearing 4.70% for the first time since November 2023. As treasury yields rise, we are seeing further pressure on stocks and other risky assets.

Meanwhile, the base case now shows just 2 interest rate cuts in 2024. Higher for longer is officially back and interest rates are surging quickly.

We will likely see 8% mortgages return soon and credit card interest rates will cross above 25%.

Bidenomics working!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Yes, just horrible.

Inflation is too high though. It is becoming more and more apparent that the only way out of sticky inflation is to cause a recession. This is the 70s all over again.

Yet inflation in the US is better than anywhere else. What is the GOP solution to address inflation? Everything Trump is proposing will make it worse.

No it’s not, stop lying:

https://tradingeconomics.com/country-list/inflation-rate-


Inflation rate in the U.S. is worse than Canada, the Eurozone, Japan, UK, and China.


Everything Biden does makes inflation worse. Thank god he dumped an unnecessary trillion dollars into the economy with stimi checks and spending as soon as he got into office. Now our entire life’s savings pay the price.

[Anonymous]

Anonymous wrote:The 10-year note yield is now up 90 basis points YTD and nearing 4.70% for the first time since November 2023. As treasury yields rise, we are seeing further pressure on stocks and other risky assets.

Meanwhile, the base case now shows just 2 interest rate cuts in 2024. Higher for longer is officially back and interest rates are surging quickly.

We will likely see 8% mortgages return soon and credit card interest rates will cross above 25%.

Bidenomics working!

Yup, the markets aren’t lying. Biden inflation is becoming entrenched. Because of it, we may have high interest rates for years.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The 10-year note yield is now up 90 basis points YTD and nearing 4.70% for the first time since November 2023. As treasury yields rise, we are seeing further pressure on stocks and other risky assets.

Meanwhile, the base case now shows just 2 interest rate cuts in 2024. Higher for longer is officially back and interest rates are surging quickly.

We will likely see 8% mortgages return soon and credit card interest rates will cross above 25%.

Bidenomics working!

Yup, the markets aren’t lying. Biden inflation is becoming entrenched. Because of it, we may have high interest rates for years.

what's Turmp's plan?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The 10-year note yield is now up 90 basis points YTD and nearing 4.70% for the first time since November 2023. As treasury yields rise, we are seeing further pressure on stocks and other risky assets.

Meanwhile, the base case now shows just 2 interest rate cuts in 2024. Higher for longer is officially back and interest rates are surging quickly.

We will likely see 8% mortgages return soon and credit card interest rates will cross above 25%.

Bidenomics working!

Yup, the markets aren’t lying. Biden inflation is becoming entrenched. Because of it, we may have high interest rates for years.

what's Turmp's plan?

You do realize that a perfectly good plan is to simply do nothing, and that cutting spending helps inflation, right?


All Biden's plans include are stimi spending, billions in student loan forgiveness, rent moratoriums they were outrageouslyong, more free handouts, and never ending streams of cash injections into the economy that keep blowing up inflation and making everything worse.

Simply not spending money like a moron and allowing the Federal reserve's rate hikes to work is good for starters. Trump won't be doing stupid stimi spending and handing out so much free cash. He will also increase oil production, which will go a long way at reducing transportation costs. Everything the Biden administration does makes inflation worse and is blowing up all of our life's savings.

[Anonymous]

Nothing to see here... FOUR MORE YEARS!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The 10-year note yield is now up 90 basis points YTD and nearing 4.70% for the first time since November 2023. As treasury yields rise, we are seeing further pressure on stocks and other risky assets.

Meanwhile, the base case now shows just 2 interest rate cuts in 2024. Higher for longer is officially back and interest rates are surging quickly.

We will likely see 8% mortgages return soon and credit card interest rates will cross above 25%.

Bidenomics working!

Yup, the markets aren’t lying. Biden inflation is becoming entrenched. Because of it, we may have high interest rates for years.

what's Turmp's plan?

You do realize that a perfectly good plan is to simply do nothing, and that cutting spending helps inflation, right?


All Biden's plans include are stimi spending, billions in student loan forgiveness, rent moratoriums they were outrageouslyong, more free handouts, and never ending streams of cash injections into the economy that keep blowing up inflation and making everything worse.

Simply not spending money like a moron and allowing the Federal reserve's rate hikes to work is good for starters. Trump won't be doing stupid stimi spending and handing out so much free cash. He will also increase oil production, which will go a long way at reducing transportation costs. Everything the Biden administration does makes inflation worse and is blowing up all of our life's savings.

Oil prices are global. The USA doesn’t have the raw materials to effect global prices even if every single drop was squeezed out of our land and oceans. Rent moratoriums started with Trump.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The 10-year note yield is now up 90 basis points YTD and nearing 4.70% for the first time since November 2023. As treasury yields rise, we are seeing further pressure on stocks and other risky assets.

Meanwhile, the base case now shows just 2 interest rate cuts in 2024. Higher for longer is officially back and interest rates are surging quickly.

We will likely see 8% mortgages return soon and credit card interest rates will cross above 25%.

Bidenomics working!

Yup, the markets aren’t lying. Biden inflation is becoming entrenched. Because of it, we may have high interest rates for years.

what's Turmp's plan?

You do realize that a perfectly good plan is to simply do nothing, and that cutting spending helps inflation, right?


All Biden's plans include are stimi spending, billions in student loan forgiveness, rent moratoriums they were outrageouslyong, more free handouts, and never ending streams of cash injections into the economy that keep blowing up inflation and making everything worse.

Simply not spending money like a moron and allowing the Federal reserve's rate hikes to work is good for starters. Trump won't be doing stupid stimi spending and handing out so much free cash. He will also increase oil production, which will go a long way at reducing transportation costs. Everything the Biden administration does makes inflation worse and is blowing up all of our life's savings.

Oil prices are global. The USA doesn’t have the raw materials to effect global prices even if every single drop was squeezed out of our land and oceans. Rent moratoriums started with Trump.

Wrong. US is the #1 producer in the world for oil when we want to be.

Moratoriums were under Trump during the peak of COVID, but Biden prolonged them unnecessarily for years and years and years.

Oh, so nothing to say about Biden dumping $1T into the economy, which wasn't even needed, within a few weeks getting into office?

Get a grip. Inflation is bad, it isn't going away, and voters 10000% are going to blame the crap out of Biden and the Dems for it. Everything is outrageously expensive now, and everyone's savings are being ruined in a matter of a few years under this administration. It is terrible.