Biden’s economy

[Anonymous]

Anonymous wrote:MAGA is bad for business.

Businesses like to have consistency in the rules, in the standards and in the markets. MAGA represents a break from all of that. Sure, the oligarchs support trump, but people who are actually running businesses want nothing to do with him.

[Anonymous]

Anonymous wrote:

Anonymous wrote:MAGA is bad for business.

Businesses like to have consistency in the rules, in the standards and in the markets. MAGA represents a break from all of that. Sure, the oligarchs support trump, but people who are actually running businesses want nothing to do with him.

It's an illusion that big business is behind Trump.

[Anonymous]

Anonymous wrote:

Anonymous wrote:MAGA is bad for business.

Businesses like to have consistency in the rules, in the standards and in the markets. MAGA represents a break from all of that. Sure, the oligarchs support trump, but people who are actually running businesses want nothing to do with him.

the ceo of MCDONALDS WILL BE VOITNG FOR HIM. IDC WHAT BIG 20 CEO SAYS. I LIKE TRUMP

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:MAGA is bad for business.

Businesses like to have consistency in the rules, in the standards and in the markets. MAGA represents a break from all of that. Sure, the oligarchs support trump, but people who are actually running businesses want nothing to do with him.

It's an illusion that big business is behind Trump.

Business Leaders for Trump
Blacks for Trump
Gays for Trump
Trans for Trump

They are all illusions.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:America has plenty of money. Tax the billionaires and pay our bills.

Classic Democrat who speaks in ideas over facts. The billionaires do not, in fact, have enough to pay our bills. Being a Democrat requires ignoring facts and relying on feelings.

Once again, the fact that debt is growing faster than the economy portends economic doom in the long run. Innumerate Dems will be surprised, but the math always wins.

Here I drew you a picture.

Under Biden, we currently have an annual deficit of $2T, and you post a picture claiming net debt of $4T for ten years? Innumerate or lying via omission of relevant data.

[Anonymous]

Wham! There go 40 Hooters restaurant locations.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:America has plenty of money. Tax the billionaires and pay our bills.

Classic Democrat who speaks in ideas over facts. The billionaires do not, in fact, have enough to pay our bills. Being a Democrat requires ignoring facts and relying on feelings.

Once again, the fact that debt is growing faster than the economy portends economic doom in the long run. Innumerate Dems will be surprised, but the math always wins.

Here I drew you a picture.

Under Biden, we currently have an annual deficit of $2T, and you post a picture claiming net debt of $4T for ten years? Innumerate or lying via omission of relevant data.

I guess you forgot about the growing GDP side of the equation.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:America has plenty of money. Tax the billionaires and pay our bills.

Classic Democrat who speaks in ideas over facts. The billionaires do not, in fact, have enough to pay our bills. Being a Democrat requires ignoring facts and relying on feelings.

Once again, the fact that debt is growing faster than the economy portends economic doom in the long run. Innumerate Dems will be surprised, but the math always wins.

Here I drew you a picture.

Under Biden, we currently have an annual deficit of $2T, and you post a picture claiming net debt of $4T for ten years? Innumerate or lying via omission of relevant data.

Read more here: Trump ran up the national debt by about twice as much as Biden, according to a new analysis of their fiscal track records.
https://www.axios.com/2024/06/24/trump-biden-debt-deficits-election?utm_source=twitter&utm_medium=social&utm_campaign=editorial

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:America has plenty of money. Tax the billionaires and pay our bills.

Classic Democrat who speaks in ideas over facts. The billionaires do not, in fact, have enough to pay our bills. Being a Democrat requires ignoring facts and relying on feelings.

Once again, the fact that debt is growing faster than the economy portends economic doom in the long run. Innumerate Dems will be surprised, but the math always wins.

Here I drew you a picture.

Under Biden, we currently have an annual deficit of $2T, and you post a picture claiming net debt of $4T for ten years? Innumerate or lying via omission of relevant data.

I guess you forgot about the growing GDP side of the equation.

No because the real growth (after subtracting inflation) has been poor. Again, we have a $2T deficit and annual growth of around $1.7T. I use numbers because they favor me. You use words and concepts in a poor attempt to distract from the fact that the data do not support your contention. You tried data once, and it was so absurd that you should be embarrassed for floating it given every other relevant economic number.

This is what happens when you exist in a bubble: you can't see how patently ridiculous your beliefs are because no one challenges them. The left's bubble is especially pernicious because it is insulated by the fact that the average lefty is smarter than the average conservative. Of course, it's far different and the tails of those distributions, but most people aren't sophisticated enough to differentiate, so they roll with the average as if it's meaningful.

[Anonymous]

Another day, another bad report while someone continues day 5 at debate camp....

[Anonymous]

Anonymous wrote:Another day, another bad report while someone continues day 5 at debate camp....

This isn't a bad report, this is by design. This is the slowdown the Fed wants to confirm a "soft landing" from the COVID recovery.

[Anonymous]

Seattle mandates a delivery fee of $4.99 on Uber Eats orders and deliveries crash 45%.

Yeah, couldn't see that coming.

https://www.wsj.com/business/hospitality/delivery-drivers-got-higher-wages-now-theyre-getting-fewer-orders-d2e416c0

[Anonymous]

Anonymous wrote:Seattle mandates a delivery fee of $4.99 on Uber Eats orders and deliveries crash 45%.

Yeah, couldn't see that coming.

https://www.wsj.com/business/hospitality/delivery-drivers-got-higher-wages-now-theyre-getting-fewer-orders-d2e416c0

Which has nothing to do with the economy and everything to do with an unsustainable business model.

[Anonymous]

Anonymous wrote:

Anonymous wrote:About that inflation everyone on the right is blaming Biden for...

Who was president in August, 2020?
Who appointed the Fed Chair?

+1 As I’ve said here before, every economic policy that Trump championed was inflationary. Unfunded tax cuts are inflationary. Increasing the deficit is inflationary. Deregulating businesses is inflationary. Tariffs are inflationary. Severely limiting immigration is inflationary. All of those things Trump did before Covid, then Covid came, exacerbated much of the above that was already going on, and the recovery from it spiraled wages and prices to where they are now. I am a realist so I know Biden gets the blame for this, but a ton of it would have happened even if Trump won again because Trump put all the pieces in place. This is from 2018. https://www.washingtonpost.com/opinions/the-coming-trump-inflation/2018/03/04/f7d51a64-1e3d-11e8-ae5a-16e60e4605f3_story.html

Hey look, sixteen Nobel Prize winners in Economics agree with me.

Scoop: 16 Nobel economists see a Trump inflation bomb: Sixteen Nobel prize-winning economists are jumping into the presidential campaign with a stark warning: Former President Trump's plans would reignite inflation and cause lasting harm to the global economy if he wins in November.
https://www.axios.com/2024/06/25/nobel-prize-winners-biden-economy-trump-inflation

[Anonymous]

Anonymous wrote:

Anonymous wrote:MAGA is bad for business.

Businesses like to have consistency in the rules, in the standards and in the markets. MAGA represents a break from all of that. Sure, the oligarchs support trump, but people who are actually running businesses want nothing to do with him.

I’m not in business but… yeah. I know that many have forgotten (or allowed themselves to forget) just how chaotic Trump was. “Policy” established via tweet in the middle of the night, undone the next morning by someone trying to talk Trump off whatever ledge he’d gotten himself onto, re-established weeks later when the staffer who talked Trump onto the ledge got it in writing… up, down, up, down. Tariff this, prohibit that, stop this, support that. It was insanity.