Biden’s economy

[Anonymous]

Anonymous wrote:Just ripping progressives out of office will improve life immensely.

How is Biden a progressive??? Congress blocks everything so is not like he could pass anything progressive

[Anonymous]

Anonymous wrote:

Anonymous wrote:Just ripping progressives out of office will improve life immensely.

How is Biden a progressive??? Congress blocks everything so is not like he could pass anything progressive

Congress does not block everything. Not by a long shot. Where have you been?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Just ripping progressives out of office will improve life immensely.

How is Biden a progressive??? Congress blocks everything so is not like he could pass anything progressive

I've been told repeatedly he's one of the most successful legislative Presidents in history. Mark Hamill just said it today or yesterday. So it keeps going.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

That’s inflation adjusted real GDP, great run we are on!

In spite of the dip-sheet leftist academics with no actual real world experience he has around his policy table. Thank you America’s workers and businesses!

Who cares? What matters is money in my pocket. Inflation is real and has been going on the entire time Biden was prez and he most likely worsened it with his massive spending and IJIA and debt forgiveness.

And that's why most people give Biden terrible marks on the economy. They feel poorer because they are poorer due to inflation. Rents shooting up, food costs still high, gas prices now going back up. It's that simple.

By "debt forgiveness" do you mean PPP? Or student loans? Oh wait-- PPP was Trump, wasn't it? The idea that student loan forgiveness is contributing to inflation, rather than it being corporations driving prices higher to generate bigger profits (as demonstrated by the egg price fixing case, the oil company collusion, etc) is just economically illiterate and willfully obtuse.

[Anonymous]

Anonymous wrote:Everyday I see people cry at the gas station. I meet this guy who haven’t seen his kids in 5 weeks because he doesn’t have gas money. I was crying for him when I heard it. Then we both started yelling let’s go Brandon the only thing that makes us happy

Sorry to hear your life is so bad and you live in such a miserable place. Where I am there is traffic from everyone going to work, the restaurants are full, and people complain about the lines at the retail stores. Economy is great in my suburb. Maybe consider moving from that depressed place and follow opportunity?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just ripping progressives out of office will improve life immensely.

How is Biden a progressive??? Congress blocks everything so is not like he could pass anything progressive

I've been told repeatedly he's one of the most successful legislative Presidents in history. Mark Hamill just said it today or yesterday. So it keeps going.

That was in the first two years before the GOP House sh!tshow.

[Anonymous]

Anonymous wrote:

How can the economy be bad for people when real gdp per capita is up strongly under Biden? This is real gdp, after inflation!

The vast majority say that they personally are doing well. It’s only when you ask them how the overall economy is doing that many say poorly. Its all the press and narrative.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just ripping progressives out of office will improve life immensely.

How is Biden a progressive??? Congress blocks everything so is not like he could pass anything progressive

I've been told repeatedly he's one of the most successful legislative Presidents in history. Mark Hamill just said it today or yesterday. So it keeps going.

That was in the first two years before the GOP House sh!tshow.

So he was a progressive then... and he still is but the House is blocking him.

[Anonymous]

back in 2020- I used to go to FIVE GUYS AND spend $10 for fries, soda, and burger now its $20.00

I remember eating Chinese food SIT IN place $5 lunch special I used to drink water so it was only $5.30 I used to being coins because they never had "Changed" now it like 10 .00

[Anonymous]

Anonymous wrote:back in 2020- I used to go to FIVE GUYS AND spend $10 for fries, soda, and burger now its $20.00

I remember eating Chinese food SIT IN place $5 lunch special I used to drink water so it was only $5.30 I used to being coins because they never had "Changed" now it like 10 .00

I make $40k more per year than I did in 2020.

[Anonymous]

Anonymous wrote:

Anonymous wrote:back in 2020- I used to go to FIVE GUYS AND spend $10 for fries, soda, and burger now its $20.00

I remember eating Chinese food SIT IN place $5 lunch special I used to drink water so it was only $5.30 I used to being coins because they never had "Changed" now it like 10 .00

I make $40k more per year than I did in 2020.

I make $12 in 2020
now $15 in 2024- n really raise

[Anonymous]

43% of small businesses can't pay the rent, Bloomberg reports.

For restaurants, 52% can't pay the rent.

That's the highest number since the depths of the lockdowns. And it's very odd considering "blockbuster" official statistics on GDP and unemployment.

[Anonymous]

CBS: "Two-thirds of voters think the economy was better under President Trump!"

HAKEEM JEFFRIES: "That's just not the case."

It is, in fact, the case:

— Inflation has averaged 5.6% under Biden; it averaged 1.9% under Trump.

— Real average weekly earnings are down 3.9% under Biden; they were up 8.2% under Trump.

— The average 30-year fixed mortgage rate was ~2.7% when Biden took office; it's ~7.3% today.

— Gas prices are ~53% higher than when Biden took office.

[Anonymous]

Anonymous wrote:CBS: "Two-thirds of voters think the economy was better under President Trump!"

HAKEEM JEFFRIES: "That's just not the case."

It is, in fact, the case:

— Inflation has averaged 5.6% under Biden; it averaged 1.9% under Trump.

— Real average weekly earnings are down 3.9% under Biden; they were up 8.2% under Trump.

— The average 30-year fixed mortgage rate was ~2.7% when Biden took office; it's ~7.3% today.

— Gas prices are ~53% higher than when Biden took office.

-- Average rents rose 25% between January 2020 and March 2024. There are political observers who think the increase in rental prices will drive a fair amount of the swing vote.

[Anonymous]

Anonymous wrote:

Anonymous wrote:CBS: "Two-thirds of voters think the economy was better under President Trump!"

HAKEEM JEFFRIES: "That's just not the case."

It is, in fact, the case:

— Inflation has averaged 5.6% under Biden; it averaged 1.9% under Trump.

— Real average weekly earnings are down 3.9% under Biden; they were up 8.2% under Trump.

— The average 30-year fixed mortgage rate was ~2.7% when Biden took office; it's ~7.3% today.

— Gas prices are ~53% higher than when Biden took office.

-- Average rents rose 25% between January 2020 and March 2024. There are political observers who think the increase in rental prices will drive a fair amount of the swing vote.

People aren’t too smart. They forget Trump was President all of 2020. It started under Trump, took time to fix but Biden likely won’t get the credit. Rent inflation has been very low this last year.