Biden’s economy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Based on the relatively low bankruptcy filings compared to some of wat we've seen in recent history, I don't get the sense that credit card use is problematic.

We're a year or two away from the looming consumer credit default crisis.

If Trump's elected and he predictably runs the economy into the ground again, this is very possible.

Why do you think we will be forced to shut down again?

Dp.

Because everything Trump touches, dies.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Based on the relatively low bankruptcy filings compared to some of wat we've seen in recent history, I don't get the sense that credit card use is problematic.

We're a year or two away from the looming consumer credit default crisis.

If Trump's elected and he predictably runs the economy into the ground again, this is very possible.

Why do you think we will be forced to shut down again?

Under republicans the deficit soars. Republicans have a tendency to destroy the healthy economies they inherit — see W, Trump as most recent examples.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Based on the relatively low bankruptcy filings compared to some of wat we've seen in recent history, I don't get the sense that credit card use is problematic.

We're a year or two away from the looming consumer credit default crisis.

If Trump's elected and he predictably runs the economy into the ground again, this is very possible.

Why do you think we will be forced to shut down again?

Under republicans the deficit soars. Republicans have a tendency to destroy the healthy economies they inherit — see W, Trump as most recent examples.

This mostly happens under Presidents who aren't popularly elected.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Based on the relatively low bankruptcy filings compared to some of wat we've seen in recent history, I don't get the sense that credit card use is problematic.

We're a year or two away from the looming consumer credit default crisis.

If Trump's elected and he predictably runs the economy into the ground again, this is very possible.

Why do you think we will be forced to shut down again?

Under republicans the deficit soars. Republicans have a tendency to destroy the healthy economies they inherit — see W, Trump as most recent examples.

This mostly happens under Presidents who aren't popularly elected.

It happens when there is a bad leader. For the last 50 years, that has mostly been republicans.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Based on the relatively low bankruptcy filings compared to some of wat we've seen in recent history, I don't get the sense that credit card use is problematic.

We're a year or two away from the looming consumer credit default crisis.

Household income has had strong growth lately and personal bankruptcies are very low. There are no issues for consumers to service their debt loads (although Giuliani has lots of issues!). Interest rate cuts, likely, over the next 2 years should further support consumers ability to service debt.

The consumer is strong, there is no pending consumer credit crisis. Commercial real estate on the other hand is a slow moving concern, but lots of variables and time to hopefully resolve.

You're a year or two behind reality hitting. Not Biden's fault. Not Trump's fault.

[Anonymous]

“The year began with a recession forecast but ended with substantial wage growth & record union contracts for hundreds of thousands of workers.

2023 was “genuinely a banner year for the working class & low-paid workers.”
https://www.washingtonpost.com/business/2023/12/30/2023-strikes-workers-american-wages-labor/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Based on the relatively low bankruptcy filings compared to some of wat we've seen in recent history, I don't get the sense that credit card use is problematic.

We're a year or two away from the looming consumer credit default crisis.

If Trump's elected and he predictably runs the economy into the ground again, this is very possible.

Why do you think we will be forced to shut down again?

Under republicans the deficit soars. Republicans have a tendency to destroy the healthy economies they inherit — see W, Trump as most recent examples.

Sorry, you're certifiably crazy. Deficits have never ballooned like now under Joe. And why? Aren't we supposed to have a great economy, with full employment?

[Anonymous]

Anonymous wrote:“The year began with a recession forecast but ended with substantial wage growth & record union contracts for hundreds of thousands of workers.

2023 was “genuinely a banner year for the working class & low-paid workers.”
https://www.washingtonpost.com/business/2023/12/30/2023-strikes-workers-american-wages-labor/

Biden did that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Based on the relatively low bankruptcy filings compared to some of wat we've seen in recent history, I don't get the sense that credit card use is problematic.

We're a year or two away from the looming consumer credit default crisis.

If Trump's elected and he predictably runs the economy into the ground again, this is very possible.

Why do you think we will be forced to shut down again?

Under republicans the deficit soars. Republicans have a tendency to destroy the healthy economies they inherit — see W, Trump as most recent examples.

Sorry, you're certifiably crazy. Deficits have never ballooned like now under Joe. And why? Aren't we supposed to have a great economy, with full employment?

Clearly you didn't pay attention to the Trump Administration, which blew the debt by 25%. Biden has managed to get it reigned in as a percentage of GDP

https://fred.stlouisfed.org/series/GFDEBTN

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Based on the relatively low bankruptcy filings compared to some of wat we've seen in recent history, I don't get the sense that credit card use is problematic.

We're a year or two away from the looming consumer credit default crisis.

If Trump's elected and he predictably runs the economy into the ground again, this is very possible.

Why do you think we will be forced to shut down again?

Under republicans the deficit soars. Republicans have a tendency to destroy the healthy economies they inherit — see W, Trump as most recent examples.

Sorry, you're certifiably crazy. Deficits have never ballooned like now under Joe. And why? Aren't we supposed to have a great economy, with full employment?

"Joe" spent the money because we hadn't had an infrastructure bill to upgrade to the 21st century in more than a decade - something Trump couldn't do at all. The money was also spent to prevent a Great Depression style collapse after what Trump left. So far, it has all been succcessful as the money has been pumped back into our economy with more jobs, higher wages and upgraded infrastructure, more foundation for a green economy and yes, the "disasterous" CHIPS act which brings high tech manufacturing back to the US.

What did we get for the $7.8 Trillion dollars in debt the Trump Administration and GOP brought us? Higher concentrated wealth to the .5% and that is it. Please explain why that is a win and if the growth in debt between 2017 and 2021 was worth it to the American people.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Based on the relatively low bankruptcy filings compared to some of wat we've seen in recent history, I don't get the sense that credit card use is problematic.

We're a year or two away from the looming consumer credit default crisis.

If Trump's elected and he predictably runs the economy into the ground again, this is very possible.

Why do you think we will be forced to shut down again?

Under republicans the deficit soars. Republicans have a tendency to destroy the healthy economies they inherit — see W, Trump as most recent examples.

Sorry, you're certifiably crazy. Deficits have never ballooned like now under Joe. And why? Aren't we supposed to have a great economy, with full employment?

Clearly you didn't pay attention to the Trump Administration, which blew the debt by 25%. Biden has managed to get it reigned in as a percentage of GDP

https://fred.stlouisfed.org/series/GFDEBTN

+2. The numbers are out there to verify and Trump BALLOONED the deficit. If you're gonna lie, at least do it with stuff that can't be easily verified and thrown in your face. You're wrong. You're a liar.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Based on the relatively low bankruptcy filings compared to some of wat we've seen in recent history, I don't get the sense that credit card use is problematic.

We're a year or two away from the looming consumer credit default crisis.

If Trump's elected and he predictably runs the economy into the ground again, this is very possible.

Why do you think we will be forced to shut down again?

Dp.

Because everything Trump touches, dies.

Not sure about that, but for sure everything Biden touches either becomes much more expensive or goes burst in a total war. The guy is a genius.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Based on the relatively low bankruptcy filings compared to some of wat we've seen in recent history, I don't get the sense that credit card use is problematic.

We're a year or two away from the looming consumer credit default crisis.

If Trump's elected and he predictably runs the economy into the ground again, this is very possible.

Why do you think we will be forced to shut down again?

Dp.

Because everything Trump touches, dies.

Not sure about that, but for sure everything Biden touches either becomes much more expensive or goes burst in a total war. The guy is a genius.

What war is the US in?
And yo are blaming a president for the cost of things? Ok, how much is gas? I just paid $2.90.

Thanks Joe!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Based on the relatively low bankruptcy filings compared to some of wat we've seen in recent history, I don't get the sense that credit card use is problematic.

We're a year or two away from the looming consumer credit default crisis.

If Trump's elected and he predictably runs the economy into the ground again, this is very possible.

Why do you think we will be forced to shut down again?

Dp.

Because everything Trump touches, dies.

Not sure about that, but for sure everything Biden touches either becomes much more expensive or goes burst in a total war. The guy is a genius.

Insulin is not more expensive, in fact...

Thanks Joe!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Based on the relatively low bankruptcy filings compared to some of wat we've seen in recent history, I don't get the sense that credit card use is problematic.

We're a year or two away from the looming consumer credit default crisis.

If Trump's elected and he predictably runs the economy into the ground again, this is very possible.

Why do you think we will be forced to shut down again?

Dp.

Because everything Trump touches, dies.

Not sure about that, but for sure everything Biden touches either becomes much more expensive or goes burst in a total war. The guy is a genius.

What war is the US in?
And yo are blaming a president for the cost of things? Ok, how much is gas? I just paid $2.90.

Thanks Joe!

Some folks are hilarious I guess.

The US has already spent over a hundred billion dollars supporting two wars. Even you can name them -- just do it!

In terms of inflation, gas has indeed come down -- what about everything else? Last time I checked the dollar has lost 20% purchasing power in just two years, a true record!!