Biden’s economy

[Anonymous]

This trend also coincides with a lot of NEW and CHEAP automation

We can expect more changes in jobs

[Anonymous]

It’s not bad, just a fact

[Anonymous]

Anonymous wrote:This trend also coincides with a lot of NEW and CHEAP automation

We can expect more changes in jobs

I’m seeing this among white collar jobs in FinTech right now. It’s been rough at my brothers company and it’s only going to get worse.

[Anonymous]

Yes. I think it’s fine.I really hate lawyers and I think they’ll be among the first to go. I just don’t think it’s fair to blame a California governor when seismic shifts are also at play

[Anonymous]

Anonymous wrote:

Anonymous wrote:Wut?

Funny, I can think of like 20 places in Manhatten to get a $5 ice cream cone. I can also think of about a thousand places to get a pint of Ben and Jerrys there for under $6.

That cone looks extra expensive. Should we have a lesson on internet click bate?

[Anonymous]

Anonymous wrote:we are in a Great Depresssion now.

Riiiiggghttt! Unemployment is under 4%. Incredible. At the same time, I understand that people are suffering from an affordability crisis. What worries me is that we continue to try to use pre-pandemic solutions to address a post pandemic economy. We don't really have the tools to address our housing and child care crisis.

Trump is not going to be any better. In fact, he wants tariffs and reduce immigration - 2 things that will significantly increase inflation.

I want both parties to find new solutions to improve this new economic reality. According to economists, affordability has been decreasing since Obama was President and has continued to be problem during Trump and Biden, but interest rates were so low, no one was paying attention.

I worry that once interests rates decrease, housing costs will explode again.

[Anonymous]

[Anonymous]

Anonymous wrote:

Anonymous wrote:we are in a Great Depresssion now.

Riiiiggghttt! Unemployment is under 4%. Incredible. At the same time, I understand that people are suffering from an affordability crisis. What worries me is that we continue to try to use pre-pandemic solutions to address a post pandemic economy. We don't really have the tools to address our housing and child care crisis.

Trump is not going to be any better. In fact, he wants tariffs and reduce immigration - 2 things that will significantly increase inflation.

I want both parties to find new solutions to improve this new economic reality. According to economists, affordability has been decreasing since Obama was President and has continued to be problem during Trump and Biden, but interest rates were so low, no one was paying attention.

I worry that once interests rates decrease, housing costs will explode again.

Trump gave us money. Trump gave us $600 to stay home when I was unemployed.. I was making $975 a week from March 20th TO Mid June. Then I went back to work and start making way 23.00 an hour, so I was making more unemployed than I was working. TILL THIS DATE I think Trump paid me more to stay home than I make at the company I work at.

[Anonymous]

https://www.youtube.com/watch?v=CH1epmVuBKk

This why I am voting for Trump.
BIG AND TASTY WERE ONLY $1 BACK THEN.


Today I just came back from Mcdonald's they no longer have all day breakfast like they had pre 2020..
AT 10:35 I had to buy a BIG MAC MEAL $10.50 It too much

[Anonymous]

Anonymous wrote:

Anonymous wrote:we are in a Great Depresssion now.

Riiiiggghttt! Unemployment is under 4%. Incredible. At the same time, I understand that people are suffering from an affordability crisis. What worries me is that we continue to try to use pre-pandemic solutions to address a post pandemic economy. We don't really have the tools to address our housing and child care crisis.

Trump is not going to be any better. In fact, he wants tariffs and reduce immigration - 2 things that will significantly increase inflation.

I want both parties to find new solutions to improve this new economic reality. According to economists, affordability has been decreasing since Obama was President and has continued to be problem during Trump and Biden, but interest rates were so low, no one was paying attention.

I worry that once interests rates decrease, housing costs will explode again.

No, the unemployment rate just rose to 4 percent, highest in two years.

[Anonymous]

[youtube]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Wage suppression through immigration is the entirety of the Biden administration’s anti inflation strategy.

The bill called the Inflation Reduction Act actually has been successful in keeping inflation in the US lower than per countries globally.

You can’t be serious. Even liberal institutes like the Brookings Institute have acknowledged the act increased inflation.

Inflation has not increased since the IRA was passed.

Prices are still UP, not down, and that’s what’s impacting his abysmal approval ratings, not the inflation rate/

As for the act: AP news reported

“I can’t think of any mechanism by which it would have brought down inflation to date,” said Harvard University economist Jason Furman.

…

Alex Arnon, an economic and budget analyst for the University of Pennsylvania’s Penn Wharton Budget Model, offers a similar assessment.

“We can say with pretty strong confidence that it was mostly other factors that have brought inflation down,’’ he said. “The IRA has just not been a significant factor.’’

When the Inflation Reduction Act was proposed, the Congressional Budget Office said its impact on inflation would be “negligible.”

…
“I wish I hadn’t called it that because it has less to do with reducing inflation than it has to do with providing alternatives that generate economic growth,” Biden said.

Look at the corresponding record corporate profits. It isn't inflation, it is price gauging.

Unless you want a president to become an authoritarian and have a socialistic government where the president sets retail prices, then I am not sure what you want Biden to do about it?

Ridiculous argument. Corporations didn’t suddenly become more greedy when Biden became president. We are seeing a result of his policies, not price gouging, and all of this was predicted (and Biden ignored it).

[Anonymous]

So true

[Anonymous]

Anonymous wrote:https://www.youtube.com/watch?v=CH1epmVuBKk

This why I am voting for Trump.
BIG AND TASTY WERE ONLY $1 BACK THEN.


Today I just came back from Mcdonald's they no longer have all day breakfast like they had pre 2020..
AT 10:35 I had to buy a BIG MAC MEAL $10.50 It too much

You didn't HAVE to buy a big mac meal. You wanted a big mac meal and were willing to pay $10.50 for it.

That is called capitalism.

[Anonymous]

Anonymous wrote:[youtube]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Wage suppression through immigration is the entirety of the Biden administration’s anti inflation strategy.

The bill called the Inflation Reduction Act actually has been successful in keeping inflation in the US lower than per countries globally.

You can’t be serious. Even liberal institutes like the Brookings Institute have acknowledged the act increased inflation.

Inflation has not increased since the IRA was passed.

Prices are still UP, not down, and that’s what’s impacting his abysmal approval ratings, not the inflation rate/

As for the act: AP news reported

“I can’t think of any mechanism by which it would have brought down inflation to date,” said Harvard University economist Jason Furman.

…

Alex Arnon, an economic and budget analyst for the University of Pennsylvania’s Penn Wharton Budget Model, offers a similar assessment.

“We can say with pretty strong confidence that it was mostly other factors that have brought inflation down,’’ he said. “The IRA has just not been a significant factor.’’

When the Inflation Reduction Act was proposed, the Congressional Budget Office said its impact on inflation would be “negligible.”

…
“I wish I hadn’t called it that because it has less to do with reducing inflation than it has to do with providing alternatives that generate economic growth,” Biden said.

Look at the corresponding record corporate profits. It isn't inflation, it is price gauging.

Unless you want a president to become an authoritarian and have a socialistic government where the president sets retail prices, then I am not sure what you want Biden to do about it?

Ridiculous argument. Corporations didn’t suddenly become more greedy when Biden became president. We are seeing a result of his policies, not price gouging, and all of this was predicted (and Biden ignored it).

Then why is inflation lower in the US than other countries?

[Anonymous]

Anonymous wrote:

Anonymous wrote:[youtube]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Wage suppression through immigration is the entirety of the Biden administration’s anti inflation strategy.

The bill called the Inflation Reduction Act actually has been successful in keeping inflation in the US lower than per countries globally.

You can’t be serious. Even liberal institutes like the Brookings Institute have acknowledged the act increased inflation.

Inflation has not increased since the IRA was passed.

Prices are still UP, not down, and that’s what’s impacting his abysmal approval ratings, not the inflation rate/

As for the act: AP news reported

“I can’t think of any mechanism by which it would have brought down inflation to date,” said Harvard University economist Jason Furman.

…

Alex Arnon, an economic and budget analyst for the University of Pennsylvania’s Penn Wharton Budget Model, offers a similar assessment.

“We can say with pretty strong confidence that it was mostly other factors that have brought inflation down,’’ he said. “The IRA has just not been a significant factor.’’

When the Inflation Reduction Act was proposed, the Congressional Budget Office said its impact on inflation would be “negligible.”

…
“I wish I hadn’t called it that because it has less to do with reducing inflation than it has to do with providing alternatives that generate economic growth,” Biden said.

Look at the corresponding record corporate profits. It isn't inflation, it is price gauging.

Unless you want a president to become an authoritarian and have a socialistic government where the president sets retail prices, then I am not sure what you want Biden to do about it?

Ridiculous argument. Corporations didn’t suddenly become more greedy when Biden became president. We are seeing a result of his policies, not price gouging, and all of this was predicted (and Biden ignored it).

Then why is inflation lower in the US than other countries?

It's not. The U.S. currently has the highest inflation of the G7 countries.