Biden’s economy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's so bizarre that people think Trump understands the economy. All of his plans will make inflation worse: tax cuts and tariffs.

https://www.nbcnews.com/business/economy/tariffs-economists-dont-rcna176164

https://taxpolicycenter.org/taxvox/note-governors-cutting-taxes-will-make-inflation-worse-not-better

My property taxes and insurance are more than my house payment. Where TF have YOU led us?

DP. I'm confused. Property taxes are county government and insurance is private sector and neither of them have anything to do with the Presidency.

And insurance is dictated primarily by losses on property - you know, climate change (i.e., flooding, wildfires, hurricanes, etc.). If PP lives anywhere near the coast, then it should be no surprise their rates are skyrocketing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's so bizarre that people think Trump understands the economy. All of his plans will make inflation worse: tax cuts and tariffs.

https://www.nbcnews.com/business/economy/tariffs-economists-dont-rcna176164

https://taxpolicycenter.org/taxvox/note-governors-cutting-taxes-will-make-inflation-worse-not-better

My property taxes and insurance are more than my house payment. Where TF have YOU led us?

Who GAF? Stay on topic.

[Anonymous]

[Anonymous]

In January of 2020, gold was $1,500 an ounce.

Today, gold is $2,750 an ounce.

[Anonymous]

Anonymous wrote:In January of 2020, gold was $1,500 an ounce.

Today, gold is $2,750 an ounce.

FOX News: "And here's why that's an absolute disaster."

[Anonymous]

Anonymous wrote:ADP jobs report, 233k job gain in October (double estimates) Pay up 4.6%.

Gains strong across all sectors except manufacturing, due to 33k on strike at Boeing.

This huge gain overcame the large strikes and the hurricanes! Economy thriving, wage grow double the inflation rate!

Just in: Boeing strike is over

[Anonymous]

FACT CHECK ALERT: Debunking CRFB’s Analysis of Trump and Biden Impacts on the National Debt

https://budget.house.gov/press-release/fact-check-alert-debunking-crfbs-analysis-of-trump-and-biden-impacts-on-the-national-debt

[Anonymous]

Anonymous wrote:

They’ve been crying wolf for the past 4 years.

[Anonymous]

Anonymous wrote:Barack Obama (2009 to 2017):
When looking at which president added the most to the national debt in dollar amounts, President Barack Obama takes the lead.

Obama’s efforts to spur recovery from the Great Recession through his $832 billion stimulus package and $858 billion in tax cuts contributed to the rise of national debt during his presidency.

National Debt Continues to Rise Under President Biden:
The national debt has grown by over $7.29 trillion since Biden took office in 2021, largely driven by COVID-19 relief measures. If we measure from the start of the new fiscal year on October 1, 2021, the debt has grown by over $6.69 trillion under President Biden.
According to estimates by the Congressional Budget Office (CBO), Biden’s American Rescue Plan is projected to add $1.9 trillion to the national debt by 2031.

Plus, mortgage rates will skyrocket under Kamala.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Barack Obama (2009 to 2017):
When looking at which president added the most to the national debt in dollar amounts, President Barack Obama takes the lead.

Obama’s efforts to spur recovery from the Great Recession through his $832 billion stimulus package and $858 billion in tax cuts contributed to the rise of national debt during his presidency.

National Debt Continues to Rise Under President Biden:
The national debt has grown by over $7.29 trillion since Biden took office in 2021, largely driven by COVID-19 relief measures. If we measure from the start of the new fiscal year on October 1, 2021, the debt has grown by over $6.69 trillion under President Biden.
According to estimates by the Congressional Budget Office (CBO), Biden’s American Rescue Plan is projected to add $1.9 trillion to the national debt by 2031.

Plus, mortgage rates will skyrocket under Kamala.

Nope. Sorry but they certainly will if Trump implements his tariffs and kicks off a nasty retaliatory trade war. It'll make the recent pandemic inflation shock look mild by comparison.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

They’ve been crying wolf for the past 4 years.

Crying wolf and praying for disaster. The GOP needed Biden to be a failure and he just wasn’t. We ended up with the strongest economy in the world with the lowest inflation; it would have been a thousand times worse had Trump won because Trump never really had any plans, he just flew by the seat of his pants. And Trump, more than any other lone person, was the cause of the economy plummeting.

[Anonymous]

Oh hey look Republicans started thinking the economy is good again.

[Anonymous]

[Anonymous]

Companies are already starting to lay off, pre-purchase and suspend end of year bonuses because of the threat of tariffs.

the Trump Tankage is already starting.

[Anonymous]

"U.S. retail closures have reached the highest level since the COVID-19 pandemic, according to recent estimates.

As of Nov. 8, retailers have announced 6,481 store closures this year, an increase of 336 closures in just the past week, according to the latest data from Coresight Research. The majority of these closures were driven by American Freight, which is shutting all 329 of its locations as part of its parent company’s bankruptcy proceedings.

Coresight also recorded 5,363 store openings this year as of Nov. 8, including 30 openings last week. However, closures are still outpacing openings, a shift from the trend of the past two years, John Mercer, Coresight’s head of global research, told FOX Business. "

https://www.foxbusiness.com/lifestyle/us-retail-closures-hit-highest-level-since-pandemic