Bidenomics
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@Jolly said in Bidenomics:
Take away their government subsidies such as housing, food and welfare money, and see where they are at.
Actually, only about 10% of the country are on government assistance programs, meaning half of the poor receive nothing. As a percentage of GDP, government handouts are at a pretty low point…
wrote on 2 Jan 2025, 17:11 last edited by@LuFins-Dad Excluding social security and Medicare.
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@Jolly said in Bidenomics:
... the essential truth is that many of the poor in the U.S. have what they do because of government programs that do not exist in many other countries.
Can the same be said of the rich?
wrote on 2 Jan 2025, 17:25 last edited by@Axtremus said in Bidenomics:
@Jolly said in Bidenomics:
... the essential truth is that many of the poor in the U.S. have what they do because of government programs that do not exist in many other countries.
Can the same be said of the rich?
Tax code.
The Golden Rule.
Them that has the gold, rules.
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wrote on 14 Jan 2025, 09:37 last edited by
Now that the election is over conservatives can finally be honest about the economy, though most will wait until March or so.
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wrote on 14 Jan 2025, 11:35 last edited by
One of the wonderful things about the Internet is that one can find anyone saying anything with increasing ease.
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One of the wonderful things about the Internet is that one can find anyone saying anything with increasing ease.
wrote on 14 Jan 2025, 17:07 last edited by@Jolly Semi serious/semi joking question.
At what point in time do we start measuring how President Trump is doing with the economy?
Do we start from election day? Inaugeration day? some other time frame?
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@Jolly Semi serious/semi joking question.
At what point in time do we start measuring how President Trump is doing with the economy?
Do we start from election day? Inaugeration day? some other time frame?
wrote on 14 Jan 2025, 17:49 last edited by@taiwan_girl said in Bidenomics:
@Jolly Semi serious/semi joking question.
At what point in time do we start measuring how President Trump is doing with the economy?
Do we start from election day? Inaugeration day? some other time frame?
If we use the Jon Scale, it will be from inauguration until the next President assumes office.
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@taiwan_girl said in Bidenomics:
@Jolly Semi serious/semi joking question.
At what point in time do we start measuring how President Trump is doing with the economy?
Do we start from election day? Inaugeration day? some other time frame?
If we use the Jon Scale, it will be from inauguration until the next President assumes office.
wrote on 14 Jan 2025, 18:05 last edited by@Jolly said in Bidenomics:
it will be from inauguration
I know its early, but.................... LOL
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wrote on 14 Jan 2025, 20:19 last edited by
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wrote on 14 Jan 2025, 20:48 last edited by Renauda
I listened to a presentation last week by a Goldman Sachs analyst about Trump, Trade and Tariffs. One point made that really stood out was that Trump has repeatedly shown in past that he is very sensitive to how the market reacts to any of his policies. When the markets react like bears he tends to adjust his policies and statements to turn the markets into bulls.
Jon, your take on that?
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wrote on 16 Jan 2025, 02:31 last edited by
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I listened to a presentation last week by a Goldman Sachs analyst about Trump, Trade and Tariffs. One point made that really stood out was that Trump has repeatedly shown in past that he is very sensitive to how the market reacts to any of his policies. When the markets react like bears he tends to adjust his policies and statements to turn the markets into bulls.
Jon, your take on that?
wrote on 16 Jan 2025, 09:13 last edited by@Renauda said in Bidenomics:
I listened to a presentation last week by a Goldman Sachs analyst about Trump, Trade and Tariffs. One point made that really stood out was that Trump has repeatedly shown in past that he is very sensitive to how the market reacts to any of his policies. When the markets react like bears he tends to adjust his policies and statements to turn the markets into bulls.
Jon, your take on that?
I would agree with that. He plays to the crowd, thinks of the stock market as his score card (though he’s likely to get to know the bond markets this term), and isnt embarrassed to do a volte face.
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wrote on 11 Mar 2025, 22:24 last edited by jon-nyc 3 Nov 2025, 22:24
What’s the high water mark for real wages? Not 1971.
2025
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That's a bold arrow. For that graphic artist to be claiming that those numbers are going up. Stunning and brave.
wrote on 25 Mar 2025, 11:50 last edited by@Horace said in Bidenomics:
That's a bold arrow. For that graphic artist to be claiming that those numbers are going up. Stunning and brave.
Personally I thought the chart was going from right to left, so I am very happy to have seen the arrow.
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wrote on 25 Mar 2025, 11:52 last edited by
@jon-nyc said in Bidenomics:
I hope Trump doesn’t fuck this up but it’s not looking good.
I'm no economist. What are the implications of this. Does this mean people are being paid more (of course) but doesn't that also mean it's expensive as shit to build anything here? Or is this all sunshine and roses if you live in the US of A?
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wrote on 25 Mar 2025, 12:18 last edited by Horace
So that’s why restaurants seemed so cheap in France. Maybe this retiring to Europe thing isn’t so bad.
