Bidenomics
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wrote on 28 Jun 2023, 19:48 last edited by
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wrote on 28 Jun 2023, 20:00 last edited by
And his plan to do that’s what, exactly? Spend even more money we don’t have?
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wrote on 28 Jun 2023, 21:39 last edited by
Ah, to be a young person in the housing market now, looking at interest rates that will soon be double what they were when The Resident moved into the White House, and contemplating my shrinking (real dollars) paycheck...
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wrote on 22 Jul 2023, 10:18 last edited by
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Ah, to be a young person in the housing market now, looking at interest rates that will soon be double what they were when The Resident moved into the White House, and contemplating my shrinking (real dollars) paycheck...
wrote on 22 Jul 2023, 10:53 last edited by@Jolly said in Bidenomics:
…and contemplating my shrinking (real dollars) paycheck...
That’s no longer the case, since June wage growth is higher than inflation.
Still a lot of ground to recover, of course, but they’re not shrinking anymore.
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wrote on 22 Jul 2023, 12:41 last edited by
Every day I hear more and more American workers saying "Mr. Biden empowered me."
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wrote on 22 Jul 2023, 13:00 last edited by
@Copper said in Bidenomics:
Every day I hear more and more American workers saying "Mr. Biden empowered me."
They won't stop saying that, it's sort of weird. All I wanted was a double cheeseburger.
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wrote on 22 Jul 2023, 13:26 last edited by Jolly
I'm just an ordinary guy. Sometimes, if I have several different items to buy ( oil & filter, 40 lb bag of dog food, general staples) I'll shop at Walmart.
I know everyday prices. Without hesitation, better than any of you. I know the $2 can of cat food I bought for my barn cats, was $1.32, six months ago. I know the 2L bottle of house brand soda that's $1.18 was 88 cents, six months ago. I know the cheap hot dogs I give the pooch pills in, has gone from 99 cents to $1.19. Liquid coffee creamer has gone from $3.49 to $4.00.
And don't get me started on other things, like the price of a compact tractor, new truck, building materials or the price of fertilizers and seed.
You can point to every fucking graph in the world and shower the ignorant with statistics, but I know what my checking account looks like. Most other people that I know, grumble about the same things. Now, I don't hang out with the gibmedats nor do I run in Jon's financial circles. And I'm willing to admit regional bias.
But I have looked at more than one national poll. The majority of people in this country don't think too well of Bidenomics.
What's the old saying about pigs and lipstick?
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wrote on 4 Sept 2023, 12:06 last edited by
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wrote on 4 Sept 2023, 13:50 last edited by
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wrote on 5 Sept 2023, 12:15 last edited by
The Washington Post...
https://www.washingtonpost.com/business/2023/09/03/us-debt-deficit-rises-interest-rate/
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wrote on 21 Sept 2023, 14:42 last edited by
Bidenomics? More like we’re all going to starve in the streets and compete with rats for food enomics.
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wrote on 21 Sept 2023, 15:43 last edited by
Biden has tried to turn the word definition around, with a positive spin.
He's going to fail.
Tha GOP, a political party that doesn't always know how to get elected and govern, won't get as much mileage out of this as they should.
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wrote on 22 Sept 2023, 15:22 last edited by
Just an opinion, but some things the GOP needs to run on...
- Biden economy vs. Trump economy. Before COVID, we were doing better than we had in years, with real wage gains and a rise in minority employment.
- Border security. More people get it, than last time.
- Military preparedness. Not just how much money we're spending, but what we are spending it on. Couple that with the woke ideology infecting the upper branches of the military.
- The Just-us Department. All Americans should live under the same rules and be afforded blind justice. I'd also pound the stump on all laws applying to all Americans. Including Congress. (Insert insider trading and Washington pols getting rich here).
- Abortion. The GOP is not getting the single-issue, under-40 female vote on this one. What they can do, is better explain the SCOTUS decision to the public. Then, they can run as anti-abortion or with a moderate position allowing early term (15 weeks?) abortion, but ultimately leaving it up to individual states.
- Climate change. One can agree that we are seeing some changes, but also point out that the science is not settled on why change is happening. And why many of the proposed and costly "remedies" may or may not work.
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wrote on 19 Jan 2024, 23:40 last edited by
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wrote on 19 Jan 2024, 23:44 last edited by
We’ll be seeing that in November.
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wrote on 20 Jan 2024, 01:48 last edited by
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wrote on 20 Jan 2024, 05:57 last edited by
https://www.theguardian.com/business/2024/jan/19/us-economy-consumer-sentiment-rises
The S&P 500 recoded a new all-time high. The Guardian article attributes that to easing inflation expectations. Some also speculate that the Federal Reserve may start cutting interest rates.
