Biden’s economy

[Anonymous]

Anonymous wrote:Current situation on Wall Street after the inflation report:

1. Bonds are trading like rate HIKES are coming

2. Gold is trading like rate CUTS are coming

3. Stocks are trading like the “soft landing” is gone

4. Oil prices are trading like the Fed avoided a recession

5. Housing prices are rising like interest rates are at 3%

Nothing adds up here

Rate cuts are NOT coming. Trust me. They are having trouble auctioning treasuries now with the rate. They are not attractive at the present rates. They're going to have to raise rates for buyers to bid at auctions.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Another day, another bad economic report as March inflation came in higher (0.4%) than concensus (0.3%). Annual inflation is now at 3.5%, well above the feds 2% target...

Bidenomics working!!!

Today’s inflation print is all about real estate prices. Grocery prices are only up 0.1% month over month. What’s the Republican solution to control real estate prices?

+1

The dems have provided through legislation, grants for affordable housing construction. There are also new incentives proposed for first time home buyers. the GOP opposed the measures.

Those subsidies help politicians pushing them while ultimately leading to price increases. Good for Biden, bad for homebuyers in general but why pay attention to anything but good for Biden.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Biden just lied again during his short presser.

He claims that inflation was skyrocketing when he took office. WRONG!!!!

Inflation skyrocketed a year into his presidency. Because of his out of control spending. And, we are still seeing the effects of it today.

Either he is blatantly lying, or his staff is gaslighting him into believing what he says.

REALITY: Inflation has averaged 5.5% year-over-year under Biden — and averaged 1.9% under President Trump.

The economy crashed under Trump and recovered exceptionally under Biden. Inflation was global caused by the pandemic.

[Anonymous]

I used to make $125 a month in 2014 & I somehow had enough money to buy breakfast/snack before school every day and go to the movies each week. I still had about $5-100 -left over a month. 10 years later I am making 3000 a month and don't have any left

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Biden just lied again during his short presser.

He claims that inflation was skyrocketing when he took office. WRONG!!!!

Inflation skyrocketed a year into his presidency. Because of his out of control spending. And, we are still seeing the effects of it today.

Either he is blatantly lying, or his staff is gaslighting him into believing what he says.

REALITY: Inflation has averaged 5.5% year-over-year under Biden — and averaged 1.9% under President Trump.

The economy crashed under Trump and recovered exceptionally under Biden. Inflation was global caused by the pandemic.

Braindead. Delusional.
The economy was tremendous under Trump. You want to look up gas prices in Jan 2020? The Pandemic crashed the economy. You see any Democrat anywhere that wasnt in support of completely locking down? Or you remember how many Democrats that even wanted everything shut down indefinitely until 2021.

[Anonymous]

Anonymous wrote:I used to make $125 a month in 2014 & I somehow had enough money to buy breakfast/snack before school every day and go to the movies each week. I still had about $5-100 -left over a month. 10 years later I am making 3000 a month and don't have any left

You must be eating too much breakfast. Netflix is much cheaper than going to the movies.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Biden just lied again during his short presser.

He claims that inflation was skyrocketing when he took office. WRONG!!!!

Inflation skyrocketed a year into his presidency. Because of his out of control spending. And, we are still seeing the effects of it today.

Either he is blatantly lying, or his staff is gaslighting him into believing what he says.

REALITY: Inflation has averaged 5.5% year-over-year under Biden — and averaged 1.9% under President Trump.

The economy crashed under Trump and recovered exceptionally under Biden. Inflation was global caused by the pandemic.

Braindead. Delusional.
The economy was tremendous under Trump. You want to look up gas prices in Jan 2020? The Pandemic crashed the economy. You see any Democrat anywhere that wasnt in support of completely locking down? Or you remember how many Democrats that even wanted everything shut down indefinitely until 2021.

Trump was and is a corrupt incompetent idiot. Trump started a trade war before Covid that broke up supply chains and generated retaliatory tariffs that crashed the farm economy. He destabilized every economic sector and every trade and foreign policy alliance and every domestic policy and program because he was clueless about how anything worked and spent all his time trying to loot everything and everyone for his personal benefit. Nancy Pelosi saved his dumb ass by taking over and negotiating deals on the budget and appropriations and Covid response while Trump spent every day tweeting dumb shit and arguing with his own advisors over his daily moronic ideas and suggestions. He was no competent at any aspect of the job.

[Anonymous]

Is this Trump's fault too?

https://finance.yahoo.com/news/housing-market-2024-home-prices-155502907.html

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Biden just lied again during his short presser.

He claims that inflation was skyrocketing when he took office. WRONG!!!!

Inflation skyrocketed a year into his presidency. Because of his out of control spending. And, we are still seeing the effects of it today.

Either he is blatantly lying, or his staff is gaslighting him into believing what he says.

REALITY: Inflation has averaged 5.5% year-over-year under Biden — and averaged 1.9% under President Trump.

The economy crashed under Trump and recovered exceptionally under Biden. Inflation was global caused by the pandemic.

Braindead. Delusional.
The economy was tremendous under Trump. You want to look up gas prices in Jan 2020? The Pandemic crashed the economy. You see any Democrat anywhere that wasnt in support of completely locking down? Or you remember how many Democrats that even wanted everything shut down indefinitely until 2021.

You're measuring the state of the economy with gas prices? What university did you go for that economic degree?

[Anonymous]

Anonymous wrote:Is this Trump's fault too?

https://finance.yahoo.com/news/housing-market-2024-home-prices-155502907.html

Are you saying this is good...or bad?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Biden just lied again during his short presser.

He claims that inflation was skyrocketing when he took office. WRONG!!!!

Inflation skyrocketed a year into his presidency. Because of his out of control spending. And, we are still seeing the effects of it today.

Either he is blatantly lying, or his staff is gaslighting him into believing what he says.

REALITY: Inflation has averaged 5.5% year-over-year under Biden — and averaged 1.9% under President Trump.

The economy crashed under Trump and recovered exceptionally under Biden. Inflation was global caused by the pandemic.

Braindead. Delusional.
The economy was tremendous under Trump. You want to look up gas prices in Jan 2020? The Pandemic crashed the economy. You see any Democrat anywhere that wasnt in support of completely locking down? Or you remember how many Democrats that even wanted everything shut down indefinitely until 2021.

You look up the stock market in January 2020 vs. now?

[Anonymous]

Grocery prices 40% higher..ouch..

https://www.breitbart.com/economy/2024/04/05/analysis-grocery-prices-nearing-40-percent-higher-than-2019/amp/

A closer look at the jobs report also shows all these new jobs are part time. Full time jobs are actually down
https://www.advisorperspectives.com/dshort/updates/2024/04/09/a-closer-look-at-full-time-and-part-time-employment

Ouch…Americans can’t find full time work thanks to Bidenomics.

I remember early last year DCUM users were saying me using Bidenomics wouldn’t catch on. Well here we are…unfortunately for the American people Bidenomics is here in full force.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Biden just lied again during his short presser.

He claims that inflation was skyrocketing when he took office. WRONG!!!!

Inflation skyrocketed a year into his presidency. Because of his out of control spending. And, we are still seeing the effects of it today.

Either he is blatantly lying, or his staff is gaslighting him into believing what he says.

REALITY: Inflation has averaged 5.5% year-over-year under Biden — and averaged 1.9% under President Trump.

The economy crashed under Trump and recovered exceptionally under Biden. Inflation was global caused by the pandemic.

Braindead. Delusional.
The economy was tremendous under Trump. You want to look up gas prices in Jan 2020? The Pandemic crashed the economy. You see any Democrat anywhere that wasnt in support of completely locking down? Or you remember how many Democrats that even wanted everything shut down indefinitely until 2021.

You look up the stock market in January 2020 vs. now?

stock market doesn’t translate to the kitchen table.

I mean I know democrats are the party of the wealthy elite but the average American can’t afford groceries

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Biden just lied again during his short presser.

He claims that inflation was skyrocketing when he took office. WRONG!!!!

Inflation skyrocketed a year into his presidency. Because of his out of control spending. And, we are still seeing the effects of it today.

Either he is blatantly lying, or his staff is gaslighting him into believing what he says.

REALITY: Inflation has averaged 5.5% year-over-year under Biden — and averaged 1.9% under President Trump.

The economy crashed under Trump and recovered exceptionally under Biden. Inflation was global caused by the pandemic.

Braindead. Delusional.
The economy was tremendous under Trump. You want to look up gas prices in Jan 2020? The Pandemic crashed the economy. You see any Democrat anywhere that wasnt in support of completely locking down? Or you remember how many Democrats that even wanted everything shut down indefinitely until 2021.

You look up the stock market in January 2020 vs. now?

stock market doesn’t translate to the kitchen table.

I mean I know democrats are the party of the wealthy elite but the average American can’t afford groceries

What is it you think is driving food prices besides "Bidenomics"? If you could get into that a little bit, people might take your posts more seriously.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Biden just lied again during his short presser.

He claims that inflation was skyrocketing when he took office. WRONG!!!!

Inflation skyrocketed a year into his presidency. Because of his out of control spending. And, we are still seeing the effects of it today.

Either he is blatantly lying, or his staff is gaslighting him into believing what he says.

REALITY: Inflation has averaged 5.5% year-over-year under Biden — and averaged 1.9% under President Trump.

The economy crashed under Trump and recovered exceptionally under Biden. Inflation was global caused by the pandemic.

Braindead. Delusional.
The economy was tremendous under Trump. You want to look up gas prices in Jan 2020? The Pandemic crashed the economy. You see any Democrat anywhere that wasnt in support of completely locking down? Or you remember how many Democrats that even wanted everything shut down indefinitely until 2021.

You look up the stock market in January 2020 vs. now?

stock market doesn’t translate to the kitchen table.

I mean I know democrats are the party of the wealthy elite but the average American can’t afford groceries

+1

When Republicans talked about the stock market doing well, Democrats said the same thing. While many Americans do have money in the stock market (directly or through pensions/401(k) accounts), this is cold comfort when they need to buy day-to-day things like groceries and gas. We were told inflation was transitory due to the Covid-19 pandemic, but that isn't the case. Inflation is clearly a very "sticky" problem caused by too much money (including massive gov't spending) chasing too few goods. Inflation is not caused by price gouging (if it were that simple, a company could gain market share by not doing so).