Biden’s economy

Anonymous
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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).


And the solution is?
Anonymous
Keep the left (democrats and RINOS) away from finance and economics.
Anonymous
Anonymous wrote:Keep the left (democrats and RINOS) away from finance and economics.


Republicans massively spend and add to the deficit every time they're in charge. So what is the solution?
Anonymous
Anonymous wrote:
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.



There no way you were able to eat breakfast everyday back in 2014, and go to the movies every week with just $125, maybe you sneak in and didn't pay for it?
Anonymous
Anonymous wrote:
Anonymous wrote:
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.



There no way you were able to eat breakfast everyday back in 2014, and go to the movies every week with just $125, maybe you sneak in and didn't pay for it?


Nothing about PP makes any sense so you just have to write posters like this off as clowns and not credible. I mean they made $125 per month, bought breakfast everyday before school, went to the movies every week, and ended up with upwards of $100. Trumponomics...just lie about everything.
Anonymous
Now that rate cuts are off the table, interest on US debt - currently the second biggest government outlay at $1.1 trillion - will surpass social security and become the single biggest US expense before the end of 2024 at $1.6 trillion.

We have a spending problem. Just cut it!
Anonymous
Anonymous wrote:Now that rate cuts are off the table, interest on US debt - currently the second biggest government outlay at $1.1 trillion - will surpass social security and become the single biggest US expense before the end of 2024 at $1.6 trillion.

We have a spending problem. Just cut it!


Which party is going to do that?
Anonymous
Anonymous wrote:Now that rate cuts are off the table, interest on US debt - currently the second biggest government outlay at $1.1 trillion - will surpass social security and become the single biggest US expense before the end of 2024 at $1.6 trillion.

We have a spending problem. Just cut it!


So we spend more on interest than the defense? Say it ain't so.
Anonymous
Anonymous wrote:
Anonymous wrote:Now that rate cuts are off the table, interest on US debt - currently the second biggest government outlay at $1.1 trillion - will surpass social security and become the single biggest US expense before the end of 2024 at $1.6 trillion.

We have a spending problem. Just cut it!


Which party is going to do that?



Anonymous
Rut Ruh

BREAKING: US credit-card delinquency rates were the highest on record in the fourth quarter, according to a Federal Reserve Bank of Philadelphia report.
Anonymous
Anonymous wrote:Keep the left (democrats and RINOS) away from finance and economics.


You don’t like economic growth? Republican President = Recession. It’s what they do.
Anonymous
Anonymous wrote:Rut Ruh

BREAKING: US credit-card delinquency rates were the highest on record in the fourth quarter, according to a Federal Reserve Bank of Philadelphia report.


How about what happened at the most recent Treasury auction. The market is going to add to the cost of capital. Buying $1 trillion dollars every 100 days isn’t something that is sustainable.
Anonymous
Anonymous wrote:Now that rate cuts are off the table, interest on US debt - currently the second biggest government outlay at $1.1 trillion - will surpass social security and become the single biggest US expense before the end of 2024 at $1.6 trillion.

We have a spending problem. Just cut it!

What do you suggest for people to do when Republicans undercut workers’ pay everywhere? The wealthy just keep making money off the backs off middle and working class people and screwing them out of living wages.
Anonymous
NEW: The average family has lost $23,760 paying for the increased cost of living under Biden, according to the Joint Economic Committee, including:

— $4,170 more on energy.
— $3,206 more on food.
— $3,981 more on shelter.
— $8,455 more on transportation.

Now THAT'S Bidenomics!
Anonymous
Anonymous wrote:Keep the left (democrats and RINOS) away from finance and economics.


Bush 41, Bush 43 and Trump all left recessions and economic dumpster fires.
Clinton, Obama and now Biden have provided stable and growing economies.

96% of the job creation in the US since 1989 has been under democratic presidents.

Trump grew the debt by 25% on his own.

Why should the GOP be in charge of the economy again?
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