Anonymous wrote:Hassett on American consumers: "Credit card spending is through the roof. They're spending more on gasoline, but they're spending more on everything else too."
This isn't the flex he thinks it is.
https://bsky.app/profile/atrupar.com/post/3ml6s3s3pod2c
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imagine where the economy and the S&P 500 would be with $60 oil and a 4.25% 30yr as it was before this time last year (ie the Biden economy the right like to disparage)
Yes, I was, in fact, better off financially under Biden.
How so?
DP
We knew that the economy was in the hands of an adult cleaning up the COVID and supply chain mess left by Trump.
Employment was growing, the economy was growing and things had stabilized.
Totally the opposite of where we are now.
The economy had nowhere to go but up. Thankfully Trump fast tracked vaccines.
What was your 401k value four years ago?
What was your salary.
What was the value of your home?
DP: People without jobs don't have salaries, 401Ks, or homes. In the U.S., 7.2 million people (over 4%) are currently unemployed.
Further, do you understand that in the U.S., about 60% of employed Americans are hourly workers who don't have a "salary" or guaranteed schedule of work hours let alone a 401K, and an additional 10-13% of non-salaried workers are gig workers. As for home value, 42.5 million households in are renters, and half of them spend over 30% of income on rent with nothing left for a retirement plan.
1. They don't care
2. Their attitude is "your 401k goes up every year regardless of who is president so shut up" and "your salary goes up every year regardless of who is president so shut up" and also "your home equity rises so shut up"
It is totally some rich MAGA shill
The question was “Are you better off today than you were four years ago?”
It’s a simple yes or no question constantly being answered with political diarrhea of the mouth here.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imagine where the economy and the S&P 500 would be with $60 oil and a 4.25% 30yr as it was before this time last year (ie the Biden economy the right like to disparage)
Yes, I was, in fact, better off financially under Biden.
How so?
DP
We knew that the economy was in the hands of an adult cleaning up the COVID and supply chain mess left by Trump.
Employment was growing, the economy was growing and things had stabilized.
Totally the opposite of where we are now.
The economy had nowhere to go but up. Thankfully Trump fast tracked vaccines.
What was your 401k value four years ago?
What was your salary.
What was the value of your home?
DP: People without jobs don't have salaries, 401Ks, or homes. In the U.S., 7.2 million people (over 4%) are currently unemployed.
Further, do you understand that in the U.S., about 60% of employed Americans are hourly workers who don't have a "salary" or guaranteed schedule of work hours let alone a 401K, and an additional 10-13% of non-salaried workers are gig workers. As for home value, 42.5 million households in are renters, and half of them spend over 30% of income on rent with nothing left for a retirement plan.
1. They don't care
2. Their attitude is "your 401k goes up every year regardless of who is president so shut up" and "your salary goes up every year regardless of who is president so shut up" and also "your home equity rises so shut up"
It is totally some rich MAGA shill
Hassett on American consumers: "Credit card spending is through the roof. They're spending more on gasoline, but they're spending more on everything else too."
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imagine where the economy and the S&P 500 would be with $60 oil and a 4.25% 30yr as it was before this time last year (ie the Biden economy the right like to disparage)
Yes, I was, in fact, better off financially under Biden.
How so?
DP
We knew that the economy was in the hands of an adult cleaning up the COVID and supply chain mess left by Trump.
Employment was growing, the economy was growing and things had stabilized.
Totally the opposite of where we are now.
The economy had nowhere to go but up. Thankfully Trump fast tracked vaccines.
What was your 401k value four years ago?
What was your salary.
What was the value of your home?
DP: People without jobs don't have salaries, 401Ks, or homes. In the U.S., 7.2 million people (over 4%) are currently unemployed.
Further, do you understand that in the U.S., about 60% of employed Americans are hourly workers who don't have a "salary" or guaranteed schedule of work hours let alone a 401K, and an additional 10-13% of non-salaried workers are gig workers. As for home value, 42.5 million households in are renters, and half of them spend over 30% of income on rent with nothing left for a retirement plan.
Anonymous wrote:Anonymous wrote:Our HHI is lower after spouse got laid off and took 7 months to find a job which is lower paying.
Sorry to hear, how old is he?
Anonymous wrote:During that time could not contribute to 401k
I bet your 401k is still higher than it was 4 years ago. That’s what people are missing.
Anonymous wrote:Savings took a dip
Mine as well because I’m paying college tuition.
Anonymous wrote:You ignore every time I post which reinforces that you are likely astoturfing to push a specific narrative and just ignore posts that detract.
People fail to realize they have more equity in their homes, higher salaries and larger balances in their 401k than 4 years ago. Higher gas and food prices don’t offset that.
Anonymous wrote:Care to comment on the job loss under Trump? He has been abysmal at jobs. US literally hemorrhaged jobs this past year except for in healthcare (which will soon be impacted given Medicaid/Medicare cuts).
The unemployment rate is half a point higher than 4 years ago.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imagine where the economy and the S&P 500 would be with $60 oil and a 4.25% 30yr as it was before this time last year (ie the Biden economy the right like to disparage)
Yes, I was, in fact, better off financially under Biden.
How so?
DP
We knew that the economy was in the hands of an adult cleaning up the COVID and supply chain mess left by Trump.
Employment was growing, the economy was growing and things had stabilized.
Totally the opposite of where we are now.
The economy had nowhere to go but up. Thankfully Trump fast tracked vaccines.
What was your 401k value four years ago?
What was your salary.
What was the value of your home?
Anonymous wrote:Anonymous wrote:Our HHI is lower after spouse got laid off and took 7 months to find a job which is lower paying.
Sorry to hear, how old is he?
Anonymous wrote:During that time could not contribute to 401k
I bet your 401k is still higher than it was 4 years ago. That’s what people are missing.
Anonymous wrote:Savings took a dip
Mine as well because I’m paying college tuition.
Anonymous wrote:You ignore every time I post which reinforces that you are likely astoturfing to push a specific narrative and just ignore posts that detract.
People fail to realize they have more equity in their homes, higher salaries and larger balances in their 401k than 4 years ago. Higher gas and food prices don’t offset that.
Anonymous wrote:Care to comment on the job loss under Trump? He has been abysmal at jobs. US literally hemorrhaged jobs this past year except for in healthcare (which will soon be impacted given Medicaid/Medicare cuts).
The unemployment rate is half a point higher than 4 years ago.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Our HHI is lower after spouse got laid off and took 7 months to find a job which is lower paying.
Sorry to hear, how old is he?
Anonymous wrote:During that time could not contribute to 401k
I bet your 401k is still higher than it was 4 years ago. That’s what people are missing.
Anonymous wrote:Savings took a dip
Mine as well because I’m paying college tuition.
Anonymous wrote:You ignore every time I post which reinforces that you are likely astoturfing to push a specific narrative and just ignore posts that detract.
People fail to realize they have more equity in their homes, higher salaries and larger balances in their 401k than 4 years ago. Higher gas and food prices don’t offset that.
Anonymous wrote:Care to comment on the job loss under Trump? He has been abysmal at jobs. US literally hemorrhaged jobs this past year except for in healthcare (which will soon be impacted given Medicaid/Medicare cuts).
The unemployment rate is half a point higher than 4 years ago.
I'm sure voters will ignore high gas and food prices because their 401k is up. Great message for a campaign
Anonymous wrote:Anonymous wrote:Our HHI is lower after spouse got laid off and took 7 months to find a job which is lower paying.
Sorry to hear, how old is he?
Anonymous wrote:During that time could not contribute to 401k
I bet your 401k is still higher than it was 4 years ago. That’s what people are missing.
Anonymous wrote:Savings took a dip
Mine as well because I’m paying college tuition.
Anonymous wrote:You ignore every time I post which reinforces that you are likely astoturfing to push a specific narrative and just ignore posts that detract.
People fail to realize they have more equity in their homes, higher salaries and larger balances in their 401k than 4 years ago. Higher gas and food prices don’t offset that.
Anonymous wrote:Care to comment on the job loss under Trump? He has been abysmal at jobs. US literally hemorrhaged jobs this past year except for in healthcare (which will soon be impacted given Medicaid/Medicare cuts).
The unemployment rate is half a point higher than 4 years ago.
Anonymous wrote:Our HHI is lower after spouse got laid off and took 7 months to find a job which is lower paying.
Anonymous wrote:During that time could not contribute to 401k
Anonymous wrote:Savings took a dip
Anonymous wrote:You ignore every time I post which reinforces that you are likely astoturfing to push a specific narrative and just ignore posts that detract.
Anonymous wrote:Care to comment on the job loss under Trump? He has been abysmal at jobs. US literally hemorrhaged jobs this past year except for in healthcare (which will soon be impacted given Medicaid/Medicare cuts).
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Imagine where the economy and the S&P 500 would be with $60 oil and a 4.25% 30yr as it was before this time last year (ie the Biden economy the right like to disparage)
Yes, I was, in fact, better off financially under Biden.
How so?
DP
We knew that the economy was in the hands of an adult cleaning up the COVID and supply chain mess left by Trump.
Employment was growing, the economy was growing and things had stabilized.
Totally the opposite of where we are now.
The economy had nowhere to go but up. Thankfully Trump fast tracked vaccines.
What was your 401k value four years ago?
What was your salary.
What was the value of your home?