Biden’s Scorecard

[UNI88]

That market correction people have been warming us about. Oh boy, its happeneing.

Yes sir

Well it looks like the lying Biden administration is not going to be able to hide the truth about their pathetic economy any longer

Unemployment soaring

Banks hemorrhaging

the SP 500 has basically been kept afloat by seven or eight tech stocks that are now entering correction territory

all the inflation pain we’ve been dealing with for the last three years was due to JoBozo and his pathetic vice president. The Dems and the totally unnecessary stimulus back in 2021 and guess who had the deciding vote? That’s right …Carella de Vil.

The real crisis in this country your grandchildren will be facing is the astronomical national debt, but nobody in school knows about that as they’re too indoctrinated on climate change.

The United States is flat broke…. Just one More reason why we are a true banana republic now.

The modern democrat is a scum sucking loser

You're not wrong that our "grandchildren will be facing is the astronomical national debt" is a "real crisis" and that the "United States is flat broke" but you're delusional if you think it's just the fault of Democrats. trump himself contributed to the situation with his tax cut. The last POTUS who had a reasonable budget was Slick Willy.

[kalm]

Yes sir

Well it looks like the lying Biden administration is not going to be able to hide the truth about their pathetic economy any longer

Unemployment soaring

Banks hemorrhaging

the SP 500 has basically been kept afloat by seven or eight tech stocks that are now entering correction territory

all the inflation pain we’ve been dealing with for the last three years was due to JoBozo and his pathetic vice president. The Dems and the totally unnecessary stimulus back in 2021 and guess who had the deciding vote? That’s right …Carella de Vil.

The real crisis in this country your grandchildren will be facing is the astronomical national debt, but nobody in school knows about that as they’re too indoctrinated on climate change.

The United States is flat broke…. Just one More reason why we are a true banana republic now.

The modern democrat is a scum sucking loser

You're not wrong that our "grandchildren will be facing is the astronomical national debt" is a "real crisis" and that the "United States is flat broke" but you're delusional if you think it's just the fault of Democrats. trump himself contributed to the situation with his tax cut. The last POTUS who had a reasonable budget was Slick Willy.

And unemployment is “soaring” either at least yet. It’s around what Reagan averaged his entire 8 years.

Both parties are salves to Wall Street. Trump is making overtures to crypto now but that doesn’t solve the fundamentals.

[Caribbean Hen]

You're not wrong that our "grandchildren will be facing is the astronomical national debt" is a "real crisis" and that the "United States is flat broke" but you're delusional if you think it's just the fault of Democrats. trump himself contributed to the situation with his tax cut. The last POTUS who had a reasonable budget was Slick Willy.

And unemployment is “soaring” either at least yet. It’s around what Reagan averaged his entire 8 years.

Both parties are salves to Wall Street. Trump is making overtures to crypto now but that doesn’t solve the fundamentals.

Not much to argue on 88s reasonable post

Klams? Right out of the Harris Salad of nothingness

[kalm]

And unemployment is “soaring” either at least yet. It’s around what Reagan averaged his entire 8 years.

Both parties are salves to Wall Street. Trump is making overtures to crypto now but that doesn’t solve the fundamentals.

Not much to argue on 88s reasonable post

Klams? Right out of the Harris Salad of nothingness

I basically agreed with and was saying the same thing. So you’re begrudgingly now agreeing with me as well. Cool!

If I wanted to comparison I would point out the Dow close today twice as high as Trump left it. :green:

[BDKJMU]

Not much to argue on 88s reasonable post

Klams? Right out of the Harris Salad of nothingness

I basically agreed with and was saying the same thing. So you’re begrudgingly now agreeing with me as well. Cool!

If I wanted to comparison I would point out the Dow close today twice as high as Trump left it. :green:

Wrong. Not even remotely close.

Rounded to nearest 100:
31.2k day Trump left office
38.7k today

24% higher is basically about the same inflation adjusted.

[GannonFan]

Yes sir

Well it looks like the lying Biden administration is not going to be able to hide the truth about their pathetic economy any longer

Unemployment soaring

Banks hemorrhaging

the SP 500 has basically been kept afloat by seven or eight tech stocks that are now entering correction territory

all the inflation pain we’ve been dealing with for the last three years was due to JoBozo and his pathetic vice president. The Dems and the totally unnecessary stimulus back in 2021 and guess who had the deciding vote? That’s right …Carella de Vil.

The real crisis in this country your grandchildren will be facing is the astronomical national debt, but nobody in school knows about that as they’re too indoctrinated on climate change.

The United States is flat broke…. Just one More reason why we are a true banana republic now.

The modern democrat is a scum sucking loser

You're not wrong that our "grandchildren will be facing is the astronomical national debt" is a "real crisis" and that the "United States is flat broke" but you're delusional if you think it's just the fault of Democrats. trump himself contributed to the situation with his tax cut. The last POTUS who had a reasonable budget was Slick Willy.

The thing is, when you look at federal debt versus GDP, the Trump tax cuts don't look too bad. Probably because they propelled a surge in GDP, debt as related to GDP was largely unchanged for much of his administration. The two biggest culprits of jumps in debt vs GDP came after the 2008 economic collapse and then even more so during the lethargic economic growth under Obama, and then more recently the spike in spending to deal with COVID (mostly Trump) and then the additional government blowout to try to reinvent the economy (under Biden). The Trump tax cuts don't even really figure into things when compared with those much larger impacts.

https://fred.stlouisfed.org/series/GFDEGDQ188S

[Caribbean Hen]

Nobody can answer the question not even Janet, why is she paying more interest on a 30/60/90 day treasury bill than a longer-term treasury bill?

Because the Chinese have stopped buying?

She needs to keep up with the reckless spending of this horrific administration?

Whatever the reason is it’s costing her billions to pay back the interest….

Why not make the interest the investor makes on the treasury bills tax free?

House of cards

[BDKJMU]

On Thur Biden convened 1st cabinet meeting in close to a year- last was Oct 2, 2023. Virtually unheard of to go that long without a cabinet meeting. The meeting was largely run by..Jill Biden.

Welcome to the presidency of Woodrow Wilson Biden.

[BDKJMU]

Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023

KEY POINTS

*The consumer price index increased a seasonally adjusted 0.2% for the month, putting the annual inflation rate at 2.4%. Both were 0.1 percentage point higher than forecast.

*Excluding food and energy, core prices rose 0.3% on the month, putting the annual rate at 3.3%. Both core readings also were 0.1 percentage point above forecast.

*Initial filings for unemployment benefits took an unexpected turn higher, hitting as seasonally adjusted 258,000 for the week ending Oct. 5, the highest total since Aug. 5, 2023….

https://www.cnbc.com/2024/10/10/cpi-inf ... -2024.html

[Caribbean Hen]

Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023

KEY POINTS

*The consumer price index increased a seasonally adjusted 0.2% for the month, putting the annual inflation rate at 2.4%. Both were 0.1 percentage point higher than forecast.

*Excluding food and energy, core prices rose 0.3% on the month, putting the annual rate at 3.3%. Both core readings also were 0.1 percentage point above forecast.

*Initial filings for unemployment benefits took an unexpected turn higher, hitting as seasonally adjusted 258,000 for the week ending Oct. 5, the highest total since Aug. 5, 2023….

https://www.cnbc.com/2024/10/10/cpi-inf ... -2024.html

Inflation not dead by any means

The 50 basis point cut is one of the big reasons inflation is spiking again and all that rate cut was was a gift to Jobozo.

Powell said the goal was 2% and he never got their

Can Joey and Scamala the nervous wreck just resign now so Trump can take office and start drilling … cost of gas goes down and prices will follow or at least stay put as prices generally don’t go down.

[UNI88]

https://www.cnbc.com/2024/10/10/cpi-inf ... -2024.html

Inflation not dead by any means

The 50 basis point cut is one of the big reasons inflation is spiking again and all that rate cut was was a gift to Jobozo.

Powell said the goal was 2% and he never got their

Can Joey and Scamala the nervous wreck just resign now so Trump can take office and start drilling … cost of gas goes down and prices will follow or at least stay put as prices generally don’t go down.

We'll see what happens if he implements his tariffs.

[kalm]

Inflation not dead by any means

The 50 basis point cut is one of the big reasons inflation is spiking again and all that rate cut was was a gift to Jobozo.

Powell said the goal was 2% and he never got their

Can Joey and Scamala the nervous wreck just resign now so Trump can take office and start drilling … cost of gas goes down and prices will follow or at least stay put as prices generally don’t go down.

We'll see what happens if he implements his tariffs.

And deports 11 million undocumented immigrants. That can affect inflation too.

[Caribbean Hen]

We'll see what happens if he implements his tariffs.

And deports 11 million undocumented immigrants. That can affect inflation too.

never going to happen. He should go after the criminals and that will be close to a million

[Caribbean Hen]

Inflation not dead by any means

The 50 basis point cut is one of the big reasons inflation is spiking again and all that rate cut was was a gift to Jobozo.

Powell said the goal was 2% and he never got their

Can Joey and Scamala the nervous wreck just resign now so Trump can take office and start drilling … cost of gas goes down and prices will follow or at least stay put as prices generally don’t go down.

We'll see what happens if he implements his tariffs.

all the Tariff talk could be a lot of bluster coming from Trump to use as a bargaining chip

no doubt tariffs will make prices go up, but he's floating other ideas to offset those costs like tax cuts and even eliminating the IRS

Win Win for the American people is what his goal is, something Dems never think about

[BDKJMU]

We'll see what happens if he implements his tariffs.

And deports 11 million undocumented immigrants. That can affect inflation too.

That would still leave 20 or so million here. More than enough.

[kalm]

We'll see what happens if he implements his tariffs.

all the Tariff talk could be a lot of bluster coming from Trump to use as a bargaining chip

no doubt tariffs will make prices go up, but he's floating other ideas to offset those costs like tax cuts and even eliminating the IRS

Win Win for the American people is what his goal is, something Dems never think about

I can see how quickly the bluster and saber rattling explanations are taking hold.

Show me the numbers for how tax cuts reduce inflation in the long term.

Next show me the link between tax cuts or elimination lead to sustainable prosperity…especially for the working class.

[kalm]

And deports 11 million undocumented immigrants. That can affect inflation too.

That would still leave 20 or so million here. More than enough.

So you’re fine with some undocumented workers? Which ones? And 1/3 of that workforce being removed won’t increase employment costs?

Ok.

[Gil Dobie]

Just watch, Trump will bring peace to the Ukraine. Art of the Deal.

[BDKJMU]

That would still leave 20 or so million here. More than enough.

So you’re fine with some undocumented workers? Which ones? And 1/3 of that workforce being removed won’t increase employment costs?

Ok.

No. But you’re not going to remove 30 million. 10 million is doable. At least that many came in under Biden. And we were fine with 10 million less pre Covid. Newsflash: They‘re not all working.

[kalm]

So you’re fine with some undocumented workers? Which ones? And 1/3 of that workforce being removed won’t increase employment costs?

Ok.

No. But you’re not going to remove 30 million. 10 million is doable. At least that many came in under Biden. And we were fine with 10 million less pre Covid. Newsflash: They‘re not all working.

So a certain level of undocumented is fine.

Newsflash, how accurate are your numbers since they’re, you know, undocumented.

[BDKJMU]

No. But you’re not going to remove 30 million. 10 million is doable. At least that many came in under Biden. And we were fine with 10 million less pre Covid. Newsflash: They‘re not all working.

So a certain level of undocumented is fine.

Newsflash, how accurate are your numbers since they’re, you know, undocumented.

Wrong- not what I said.

And how accurate are your numbers? Govt before Biden said 11-12 million, and govt admits 10 million added under Biden.

[Caribbean Hen]

all the Tariff talk could be a lot of bluster coming from Trump to use as a bargaining chip

no doubt tariffs will make prices go up, but he's floating other ideas to offset those costs like tax cuts and even eliminating the IRS

Win Win for the American people is what his goal is, something Dems never think about

I can see how quickly the bluster and saber rattling explanations are taking hold.

Show me the numbers for how tax cuts reduce inflation in the long term.

Next show me the link between tax cuts or elimination lead to sustainable prosperity…especially for the working class.

Link?

Those have never proven anything

[kalm]

I can see how quickly the bluster and saber rattling explanations are taking hold.

Show me the numbers for how tax cuts reduce inflation in the long term.

Next show me the link between tax cuts or elimination lead to sustainable prosperity…especially for the working class.

Link?

Those have never proven anything

Links? You mean those things that can lead you to quality researched information and data?

That’s like saying books? School? Libraries? Research scientists?

Never prove anything!

[Caribbean Hen]

Link?

Those have never proven anything

Links? You mean those things that can lead you to quality researched information and data?

That’s like saying books? School? Libraries? Research scientists?

Never prove anything!

Not the ones you post

[kalm]

Links? You mean those things that can lead you to quality researched information and data?

That’s like saying books? School? Libraries? Research scientists?

Never prove anything!

Not the ones you post

How would you know?