Skip to content
  • Categories
  • Recent
  • Tags
  • Popular
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Collapse

The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Bidenomics At Work

Bidenomics At Work

Scheduled Pinned Locked Moved General Discussion
262 Posts 14 Posters 10.4k Views
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • JollyJ Jolly

    Wage problems?

    Doctor PhibesD Online
    Doctor PhibesD Online
    Doctor Phibes
    wrote on last edited by
    #10

    @Jolly said in Bidenomics At Work:

    Wage problems?

    They're offering 80-90K for the technician job.

    I was only joking

    1 Reply Last reply
    • JollyJ Offline
      JollyJ Offline
      Jolly
      wrote on last edited by
      #11

      Well, that's a used Corolla and a studio apartment on the East Coast...

      “Cry havoc and let slip the DOGE of war!”

      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

      jon-nycJ Aqua LetiferA 2 Replies Last reply
      • JollyJ Jolly

        Well, that's a used Corolla and a studio apartment on the East Coast...

        jon-nycJ Online
        jon-nycJ Online
        jon-nyc
        wrote on last edited by
        #12

        @Jolly said in Bidenomics At Work:

        Well, that's a used Corolla ...

        What more could a person ask for?

        Only non-witches get due process.

        • Cotton Mather, Salem Massachusetts, 1692
        1 Reply Last reply
        • MikM Offline
          MikM Offline
          Mik
          wrote on last edited by
          #13

          Jon - living beneath his means - in cars, anyway. 😆

          “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

          1 Reply Last reply
          • jon-nycJ Online
            jon-nycJ Online
            jon-nyc
            wrote on last edited by
            #14

            Inflation since the passing of the inflation reduction act.

            IMG_9702.jpeg

            Only non-witches get due process.

            • Cotton Mather, Salem Massachusetts, 1692
            1 Reply Last reply
            • CopperC Offline
              CopperC Offline
              Copper
              wrote on last edited by
              #15

              Up every month

              Thanks Joe

              1 Reply Last reply
              • JollyJ Offline
                JollyJ Offline
                Jolly
                wrote on last edited by Jolly
                #16

                Now, give me the debt figures since the IRA...

                “Cry havoc and let slip the DOGE of war!”

                Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                AxtremusA 1 Reply Last reply
                • JollyJ Jolly

                  Now, give me the debt figures since the IRA...

                  AxtremusA Offline
                  AxtremusA Offline
                  Axtremus
                  wrote on last edited by Axtremus
                  #17

                  @Jolly said in Bidenomics At Work:

                  Now, give me the debt figures since the IRA Reagan ...

                  JollyJ 1 Reply Last reply
                  • jon-nycJ Online
                    jon-nycJ Online
                    jon-nyc
                    wrote on last edited by
                    #18

                    GOLDMAN SACHS: "The CHIPS Act and Inflation Reduction Act are boosting US manufacturing construction substantially.  New incentives have boosted spending on manufacturing-related construction and should boost manufacturing equipment investment and employment soon too."

                    Only non-witches get due process.

                    • Cotton Mather, Salem Massachusetts, 1692
                    1 Reply Last reply
                    • AxtremusA Axtremus

                      @Jolly said in Bidenomics At Work:

                      Now, give me the debt figures since the IRA Reagan ...

                      JollyJ Offline
                      JollyJ Offline
                      Jolly
                      wrote on last edited by
                      #19

                      @Axtremus said in Bidenomics At Work:

                      @Jolly said in Bidenomics At Work:

                      Now, give me the debt figures since the IRA Reagan ...

                      The goalposts are at the back of the end zone, not across the street from the parking lot.

                      “Cry havoc and let slip the DOGE of war!”

                      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                      1 Reply Last reply
                      • JollyJ Jolly

                        Well, that's a used Corolla and a studio apartment on the East Coast...

                        Aqua LetiferA Offline
                        Aqua LetiferA Offline
                        Aqua Letifer
                        wrote on last edited by
                        #20

                        @Jolly said in Bidenomics At Work:

                        Well, that's a used Corolla and a studio apartment on the East Coast...

                        In rural Delaware maybe.

                        Please love yourself.

                        1 Reply Last reply
                        • RichR Online
                          RichR Online
                          Rich
                          wrote on last edited by
                          #21

                          I dunno...inventory at all price points is crazy low, but someone in that income range should be able to get a decent little house in the $250-275k range.... at least in much of Connecticut. (of course, pre-covid these were $150-180K houses)

                          George KG 1 Reply Last reply
                          • RichR Rich

                            I dunno...inventory at all price points is crazy low, but someone in that income range should be able to get a decent little house in the $250-275k range.... at least in much of Connecticut. (of course, pre-covid these were $150-180K houses)

                            George KG Offline
                            George KG Offline
                            George K
                            wrote on last edited by
                            #22

                            @Rich said in Bidenomics At Work:

                            a decent little house in the $250-275k range

                            Three years ago, a conventional (30 year) 80% mortgage on that house would have cost you about $1137 a month.

                            Today, the same loan is $1746. More than $7,000 a year more.

                            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                            George KG 1 Reply Last reply
                            • jon-nycJ Online
                              jon-nycJ Online
                              jon-nyc
                              wrote on last edited by jon-nyc
                              #23

                              We’re setting oil production records under Biden.

                              U.S. oil production is forecast to average an all-time high of 12.8 million barrels a day this year and keep growing to 13.1 million in 2024, the federal Energy Information Administration said in its latest forecast. That’s up from the most recent trough of 5 million barrels a day in 2008, and probably enough to help the U.S. to keep its title as the No. 1 global crude oil producer.

                              But what about federal lands?

                              In fact, though, oil production from federal lands and waters has risen on Biden’s watch, reaching past 3 million barrels per day last year. The high mark during President Donald Trump’s term was 2.75 million barrels a day.

                              Only non-witches get due process.

                              • Cotton Mather, Salem Massachusetts, 1692
                              George KG taiwan_girlT 2 Replies Last reply
                              • JollyJ Offline
                                JollyJ Offline
                                Jolly
                                wrote on last edited by
                                #24

                                Just think what it would be if Biden hadn't fucked with the oil industry...

                                “Cry havoc and let slip the DOGE of war!”

                                Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                1 Reply Last reply
                                • JollyJ Offline
                                  JollyJ Offline
                                  Jolly
                                  wrote on last edited by
                                  #25

                                  BTW, you probably still have contacts in the industry. What do they think of Mr. Biden?

                                  “Cry havoc and let slip the DOGE of war!”

                                  Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                  1 Reply Last reply
                                  • jon-nycJ jon-nyc

                                    We’re setting oil production records under Biden.

                                    U.S. oil production is forecast to average an all-time high of 12.8 million barrels a day this year and keep growing to 13.1 million in 2024, the federal Energy Information Administration said in its latest forecast. That’s up from the most recent trough of 5 million barrels a day in 2008, and probably enough to help the U.S. to keep its title as the No. 1 global crude oil producer.

                                    But what about federal lands?

                                    In fact, though, oil production from federal lands and waters has risen on Biden’s watch, reaching past 3 million barrels per day last year. The high mark during President Donald Trump’s term was 2.75 million barrels a day.

                                    George KG Offline
                                    George KG Offline
                                    George K
                                    wrote on last edited by
                                    #26

                                    @jon-nyc said in Bidenomics At Work:

                                    We’re setting oil production records under Biden.

                                    U.S. oil production is forecast to average an all-time high of 12.8 million barrels a day this year and keep growing to 13.1 million in 2024, the federal Energy Information Administration said in its latest forecast. That’s up from the most recent trough of 5 million barrels a day in 2008, and probably enough to help the U.S. to keep its title as the No. 1 global crude oil producer.

                                    But what about federal lands?

                                    In fact, though, oil production from federal lands and waters has risen on Biden’s watch, reaching past 3 million barrels per day last year. The high mark during President Donald Trump’s term was 2.75 million barrels a day.

                                    At that rate, how long will it take to replenish the SPR?

                                    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                    1 Reply Last reply
                                    • taiwan_girlT Online
                                      taiwan_girlT Online
                                      taiwan_girl
                                      wrote on last edited by taiwan_girl
                                      #27

                                      alt text

                                      What would be reasons to take oil out of the strategic reserve? Not exactly sure why people were upset when oil was taken out a couple of years ago.

                                      Appears that the US govt made money on it. (Of course I am sure they had no idea of exactly where oil prices would go, so kind of risky if they were just doing it for money)

                                      "On March 31, 2022, President Joe Biden announced that his administration would release 1 million barrels of oil per day from the reserve for the next 180 days, selling it at an average price of $96 per barrel. After oil prices declined during the second half of the year, in December the administration announced it would begin replenishing the SPR in early 2023, expecting to purchase oil at a lower price than it was sold, a process that would take months or years to complete."

                                      1 Reply Last reply
                                      • AxtremusA Offline
                                        AxtremusA Offline
                                        Axtremus
                                        wrote on last edited by
                                        #28

                                        https://www.washingtonpost.com/business/2023/10/06/september-jobs-report-unemployment/

                                        Economy adds 336,000 jobs in September, in a stunning gain
                                        The unemployment rate held at 3.8%
                                        .
                                        The average hourly wage rose in September by 4.2 percent over the previous 12 months to $33.88 an hour, a sharper annual increase than inflation, which climbed to 3.7 percent in August.

                                        George KG 1 Reply Last reply
                                        • LuFins DadL Offline
                                          LuFins DadL Offline
                                          LuFins Dad
                                          wrote on last edited by
                                          #29

                                          https://apnews.com/article/consumer-confidence-spending-economy-inflation-67bf8bcf0542bc077e878012efcac637

                                          Most troubling was the decline in the index measuring future expectations, which tumbled to 73.7 in September from 83.3 in August. Readings below 80 for future expectations historically signal a recession within a year.

                                          The Brad

                                          1 Reply Last reply
                                          Reply
                                          • Reply as topic
                                          Log in to reply
                                          • Oldest to Newest
                                          • Newest to Oldest
                                          • Most Votes


                                          • Login

                                          • Don't have an account? Register

                                          • Login or register to search.
                                          • First post
                                            Last post
                                          0
                                          • Categories
                                          • Recent
                                          • Tags
                                          • Popular
                                          • Users
                                          • Groups