Biden’s economy

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I’m a firm believer that the economy is still strong for the average person. My friend/family group seems to be doing really well. Nobody is unemployed, which is almost never the case, and around half of us have upgraded their jobs. It’s a group of about 75 ranging from mostly working class to UMC. I just got a new job with a 30% increase, which is crazy, but even crazier I know a bunch of people that have done the same which never used to happen!

There is $$ out there, go get a piece!


I disagree. Yes, I agree that I don't know anyone who is unemployed. And everywhere I go, the service industry is desperate for employees. But my DH and I are nearing retirement. He is pretty much topped out at his career and is only getting cost of living increases. Only his COL increases are now BELOW inflation. So we are losing money. We have stopped going out to eat weekly like we used to. DH has an automobile that gets excellent mpg but he drives 30 miles each way to work. He used to spend $25 a week to gas up his car - its now over $50 a week. That's double what he was paying a year ago. Our grocery bill has skyrocketed. We're concerned about our 401K/IRA accounts.

Now our just graduated college DS is starting his first job making an insane amount of money - he got four fantastic job offers. So there are segments of the population that are doing great but there are also segments that are impacted by this inflation.

I hear you OP. But remember in retirement you will have less expenses and I’d wager inflation declines in a year. It’s already receding. I would like Congress to stop the price gouging but that would require Republicans to vote yes. Seems their play is to block everything that would lower costs and blame Democrats.


Retiree here.
Yes - expenses are less, but we are also on a fixed income. And, our expenses have increased substantially in the last year.
We were doing well with our budget, but the gas prices and food prices have forced us to totally redo our budget. And, fear of relying on our retirement account in today's economy is a bit daunting.
We planned to travel some this summer, but those plans have been dropped. We need a new car, but won't be getting one for a while because of budget.
Everyone is experiencing the inflation and gas prices right now..... only the wealthy aren't impacted like the rest of us.
Anonymous
Anonymous wrote:Looks more and more like Trump is running in 2024. Thank God. Make America Great Again!


Well that's about the only way to guarantee a Biden second term. Trump has twice lost the popular vote. He won the office the first time on a electoral college strategy, but that will not work again.

While the last 2 years have been good for Republicans in general, they have not been good for Trump. He may still be very influential in the party, but his influence and his support have been slowly getting smaller. There is no way that Trump will get close to winning another election. He is still popular, but his support is almost entirely within his own party and no longer as dominant as it once was. Plus, he'll be older than Biden was when Biden ran and that was a big turn-off. He'll be primaried and will be lucky to get the nomination. He's got the Conservative-but-not-Trump camp, like Pence and he's got the Trump-supporter-heir-to the-throne camp like DeSantis that will divide the party. With his age, his inability to give up the Big Lie and his on-going legal problems, I can't seem him actually surviving the primaries, but even if he does, he may be the only candidate that can possibly lose to Biden. Trump running will essentially hand the election to the Democrats. It's almost as bad as Clinton running. She handed the election to Trump.
Anonymous
Meanwhile the world's largest automaker by sales (Toyota) produced 692,259 vehicles last month, a 9.1% drop from the same month last year, and falling short of an earlier plan of making about 750,000 vehicles worldwide.

Nothing to see here people... all is well!

https://www.reuters.com/business/autos-transportation/toyota-misses-april-global-production-target-due-covid-parts-shortage-2022-05-30/
Anonymous
Anonymous wrote:Meanwhile the world's largest automaker by sales (Toyota) produced 692,259 vehicles last month, a 9.1% drop from the same month last year, and falling short of an earlier plan of making about 750,000 vehicles worldwide.

Nothing to see here people... all is well!

https://www.reuters.com/business/autos-transportation/toyota-misses-april-global-production-target-due-covid-parts-shortage-2022-05-30/


Did you even bother to read the article that you linked? The opening paragraph says the cause that the automaker blamed:

Japan's Toyota Motor Corp (7203.T) on Monday said it missed its global production target for April as COVID-19 outbreaks and a parts shortage slowed its post-pandemic recovery.[/quote]

So, Biden has been trying to renew the Covid relief funds, but the Senate Republicans have been blocking that. The parts shortage is not something that the POTUS can do anything about.
Anonymous
Deflect and pivot is a trademark of this administration

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I’m a firm believer that the economy is still strong for the average person. My friend/family group seems to be doing really well. Nobody is unemployed, which is almost never the case, and around half of us have upgraded their jobs. It’s a group of about 75 ranging from mostly working class to UMC. I just got a new job with a 30% increase, which is crazy, but even crazier I know a bunch of people that have done the same which never used to happen!

There is $$ out there, go get a piece!


Similar to what I see, literally no one is unemployed. Most seem to be spending more as well, upgrading houses or cars, although they do complain about gas prices. The news says bad, and maybe it will happen, but right now today things look pretty good on an individual levels. Personally I got a big promotion and my wife got a nice pay bump, friends seem to be doing well.



Our observation as well. We also know all sorts of folks (servers, gym trainers, teachers, tech folks, phds). It runs the economic spectrum and no one is out of work. Even my HS-aged niece and nephew have jobs. The economy has been bumpy due to pandemic, huge HUGE supply chain problems, the boomers retiring, and a war.


Inflation + gas prices will destroy our economy.

Biden has no answers.

But he’s happy to spend spend spend:


5 more months til November

What’s the Republican solution for inflation?


Not introducing a bill knowing the policies raised inflation by 3% in less than 9 months?

So what’s the Republican solution? Since according to the GOP Biden is doing everything wrong, what would be their plan? Wait, let me guess: deregulation and tax cuts for the wealthy?

Serious - if you think your dumb party would do something better, what would they do?
Anonymous
Anonymous wrote:
Anonymous wrote:


According to Republicans it's Biden's fault

Republicans aren’t serious. They just want to cut taxes for the wealthy and otherwise return America to 1840. They don’t care about inflation or people at all.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I’m a firm believer that the economy is still strong for the average person. My friend/family group seems to be doing really well. Nobody is unemployed, which is almost never the case, and around half of us have upgraded their jobs. It’s a group of about 75 ranging from mostly working class to UMC. I just got a new job with a 30% increase, which is crazy, but even crazier I know a bunch of people that have done the same which never used to happen!

There is $$ out there, go get a piece!


Similar to what I see, literally no one is unemployed. Most seem to be spending more as well, upgrading houses or cars, although they do complain about gas prices. The news says bad, and maybe it will happen, but right now today things look pretty good on an individual levels. Personally I got a big promotion and my wife got a nice pay bump, friends seem to be doing well.



Our observation as well. We also know all sorts of folks (servers, gym trainers, teachers, tech folks, phds). It runs the economic spectrum and no one is out of work. Even my HS-aged niece and nephew have jobs. The economy has been bumpy due to pandemic, huge HUGE supply chain problems, the boomers retiring, and a war.


Inflation + gas prices will destroy our economy.

Biden has no answers.

But he’s happy to spend spend spend:


5 more months til November

What’s the Republican solution for inflation?


Not introducing a bill knowing the policies raised inflation by 3% in less than 9 months?

So what’s the Republican solution? Since according to the GOP Biden is doing everything wrong, what would be their plan? Wait, let me guess: deregulation and tax cuts for the wealthy?

Serious - if you think your dumb party would do something better, what would they do?


They wouldn’t engage in naked vote buying by pumping more free money into an overheated economy. They sure as shit wouldn’t be dumb enough to entertain student loan forgiveness.
Anonymous
More lies from the bully pulpit.

Anonymous
Captain Obvious

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I’m a firm believer that the economy is still strong for the average person. My friend/family group seems to be doing really well. Nobody is unemployed, which is almost never the case, and around half of us have upgraded their jobs. It’s a group of about 75 ranging from mostly working class to UMC. I just got a new job with a 30% increase, which is crazy, but even crazier I know a bunch of people that have done the same which never used to happen!

There is $$ out there, go get a piece!


Similar to what I see, literally no one is unemployed. Most seem to be spending more as well, upgrading houses or cars, although they do complain about gas prices. The news says bad, and maybe it will happen, but right now today things look pretty good on an individual levels. Personally I got a big promotion and my wife got a nice pay bump, friends seem to be doing well.



Our observation as well. We also know all sorts of folks (servers, gym trainers, teachers, tech folks, phds). It runs the economic spectrum and no one is out of work. Even my HS-aged niece and nephew have jobs. The economy has been bumpy due to pandemic, huge HUGE supply chain problems, the boomers retiring, and a war.


Inflation + gas prices will destroy our economy.

Biden has no answers.

But he’s happy to spend spend spend:


5 more months til November

What’s the Republican solution for inflation?


Not introducing a bill knowing the policies raised inflation by 3% in less than 9 months?

So what’s the Republican solution? Since according to the GOP Biden is doing everything wrong, what would be their plan? Wait, let me guess: deregulation and tax cuts for the wealthy?

Serious - if you think your dumb party would do something better, what would they do?


They wouldn’t engage in naked vote buying by pumping more free money into an overheated economy. They sure as shit wouldn’t be dumb enough to entertain student loan forgiveness.


But that's exactly what they did, except for the student loan forgiveness.
Anonymous
Looking forward to the message for this year's July 4th.

Anonymous
Way to go Joe!


Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I’m a firm believer that the economy is still strong for the average person. My friend/family group seems to be doing really well. Nobody is unemployed, which is almost never the case, and around half of us have upgraded their jobs. It’s a group of about 75 ranging from mostly working class to UMC. I just got a new job with a 30% increase, which is crazy, but even crazier I know a bunch of people that have done the same which never used to happen!

There is $$ out there, go get a piece!


Similar to what I see, literally no one is unemployed. Most seem to be spending more as well, upgrading houses or cars, although they do complain about gas prices. The news says bad, and maybe it will happen, but right now today things look pretty good on an individual levels. Personally I got a big promotion and my wife got a nice pay bump, friends seem to be doing well.



Our observation as well. We also know all sorts of folks (servers, gym trainers, teachers, tech folks, phds). It runs the economic spectrum and no one is out of work. Even my HS-aged niece and nephew have jobs. The economy has been bumpy due to pandemic, huge HUGE supply chain problems, the boomers retiring, and a war.


Inflation + gas prices will destroy our economy.

Biden has no answers.

But he’s happy to spend spend spend:


5 more months til November

What’s the Republican solution for inflation?


Not introducing a bill knowing the policies raised inflation by 3% in less than 9 months?

So what’s the Republican solution? Since according to the GOP Biden is doing everything wrong, what would be their plan? Wait, let me guess: deregulation and tax cuts for the wealthy?

Serious - if you think your dumb party would do something better, what would they do?


DP. Why does there always have to be a "plan"? Doing nothing would have been better than all these spending "plans" Democrats always come up with.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I’m a firm believer that the economy is still strong for the average person. My friend/family group seems to be doing really well. Nobody is unemployed, which is almost never the case, and around half of us have upgraded their jobs. It’s a group of about 75 ranging from mostly working class to UMC. I just got a new job with a 30% increase, which is crazy, but even crazier I know a bunch of people that have done the same which never used to happen!

There is $$ out there, go get a piece!


Similar to what I see, literally no one is unemployed. Most seem to be spending more as well, upgrading houses or cars, although they do complain about gas prices. The news says bad, and maybe it will happen, but right now today things look pretty good on an individual levels. Personally I got a big promotion and my wife got a nice pay bump, friends seem to be doing well.



Our observation as well. We also know all sorts of folks (servers, gym trainers, teachers, tech folks, phds). It runs the economic spectrum and no one is out of work. Even my HS-aged niece and nephew have jobs. The economy has been bumpy due to pandemic, huge HUGE supply chain problems, the boomers retiring, and a war.


Inflation + gas prices will destroy our economy.

Biden has no answers.

But he’s happy to spend spend spend:


5 more months til November

What’s the Republican solution for inflation?


Not introducing a bill knowing the policies raised inflation by 3% in less than 9 months?

So what’s the Republican solution? Since according to the GOP Biden is doing everything wrong, what would be their plan? Wait, let me guess: deregulation and tax cuts for the wealthy?

Serious - if you think your dumb party would do something better, what would they do?


They wouldn’t engage in naked vote buying by pumping more free money into an overheated economy. They sure as shit wouldn’t be dumb enough to entertain student loan forgiveness.


But that's exactly what they did, except for the student loan forgiveness.

+1 Trump issued another round of stimulus right before the Georgia Senate runoff.
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