When does Biden drop out of the race?

[Caribbean Hen]

Gimme a break

we just witnessed almost 4 years of the most dumbest, idiotic president that couldn’t even string a sentence together. A totally fake presidency and a cover-up. And you wanna talk about George W. Bush.

Sure. Iraq, debt, Great Recession vs. economic recovery and infrastructure investment.

History will look far more kindly on Biden than Bush or Trump.

Never
not in my history book …

In fact, any Biden’s economic plan was crushed by his crushing inflation…

[kalm]

Sure. Iraq, debt, Great Recession vs. economic recovery and infrastructure investment.

History will look far more kindly on Biden than Bush or Trump.

Never
not in my history book …

In fact, any Biden’s economic plan was crushed by his crushing inflation…

How’s our economic recovery and inflation compared to the rest of the world?

[Caribbean Hen]

Never
not in my history book …

In fact, any Biden’s economic plan was crushed by his crushing inflation…

How’s our economic recovery and inflation compared to the rest of the world?

Definitely a book the 81 million should be reading

[houndawg]

Sure. Iraq, debt, Great Recession vs. economic recovery and infrastructure investment.

History will look far more kindly on Biden than Bush or Trump.

Never
not in my history book …

In fact, any Biden’s economic plan was crushed by his crushing inflation…

yours only has pictures

[houndawg]

How’s our economic recovery and inflation compared to the rest of the world?

Definitely a book the 81 million should be reading

...don't answer the question, its a trap!

[Caribbean Hen]

Never
not in my history book …

In fact, any Biden’s economic plan was crushed by his crushing inflation…

yours only has pictures

Yep

A picture is worth a thousand words

[kalm]

yours only has pictures

Yep

A picture is worth a thousand words

[houndawg]

yours only has pictures

Yep

A picture is worth a thousand words

not when its in crayon

[Caribbean Hen]

Yep

A picture is worth a thousand words

That graph is saying thank you Donald Trump

[kalm]

That graph is saying thank you Donald Trump

[GannonFan]

Yep

A picture is worth a thousand words

Now do real wages of Americans from Q1 2021 to now. I mean, the rich are doing great, curious how the build up and build out from the lower and middle classes is going.

[kalm]

Now do real wages of Americans from Q1 2021 to now. I mean, the rich are doing great, curious how the build up and build out from the lower and middle classes is going.

That would indeed be interesting and not surprising if it remained stagnant or declined lectures done of and on since the early 70’s.

Manufacturing build outs snd infrastructure have been on the rise so perhaps that starts…wait for it…trickling down.

[GannonFan]

Now do real wages of Americans from Q1 2021 to now. I mean, the rich are doing great, curious how the build up and build out from the lower and middle classes is going.

That would indeed be interesting and not surprising if it remained stagnant or declined lectures done of and on since the early 70’s.

Manufacturing build outs snd infrastructure have been on the rise so perhaps that starts…wait for it…trickling down.

Yeah, it's down. 373 in Q1 2021 and 368 right now as of Q2 2024. First President since Bush 1 to have a lower real wage at the end of their term than what it was when they started their term. And the elder Bush presided through a recession, not a booming economy like Biden has. Another example of the pernicious impact of mistakenly letting inflation get out of control in the first place - those impacts to real people last quite a long time.

https://fred.stlouisfed.org/series/LES1252881600Q

[kalm]

That would indeed be interesting and not surprising if it remained stagnant or declined lectures done of and on since the early 70’s.

Manufacturing build outs snd infrastructure have been on the rise so perhaps that starts…wait for it…trickling down.

Yeah, it's down. 373 in Q1 2021 and 368 right now as of Q2 2024. First President since Bush 1 to have a lower real wage at the end of their term than what it was when they started their term. And the elder Bush presided through a recession, not a booming economy like Biden has. Another example of the pernicious impact of mistakenly letting inflation get out of control in the first place - those impacts to real people last quite a long time.

https://fred.stlouisfed.org/series/LES1252881600Q

1) aren’t you leaving out the impact of covid?

2). Biden was a neoliberal his entire career.

[GannonFan]

Yeah, it's down. 373 in Q1 2021 and 368 right now as of Q2 2024. First President since Bush 1 to have a lower real wage at the end of their term than what it was when they started their term. And the elder Bush presided through a recession, not a booming economy like Biden has. Another example of the pernicious impact of mistakenly letting inflation get out of control in the first place - those impacts to real people last quite a long time.

https://fred.stlouisfed.org/series/LES1252881600Q

1) aren’t you leaving out the impact of covid?

2). Biden was a neoliberal his entire career.

COVID is a catchall for any argument trying to find a scapegoat, and in this case, it doesn't work. As bad as COVID was to the economy, it wasn't a real recession - there wasn't anything wrong with the economy. We turned the switch off, and then turned it back on. Sure, things didn't all restart as well as they could've, but a fairly strong economy before COVID came back strong very close to when we started back up. In fact, it was that surging economy coming out of COVID that was the prime reason why there were so many pundits sounding the warning bells when Biden took office and started talking about "COVID Relief" that was clearly no longer necessary and could, true it turned out, could spike inflation.

To emphasize that, GDP took a nose dive in Q2 2020, a whopping -29.9%, when we turned the switch off (Q1 2020 was impacted too at the tail end of that quarter). That made sense, we panicked and didn't know what to do with COVID. When we realized much of life could go on, especially work life, with some adjustments, we turned the switch back on and the economy continued to move along well, with and even bigger jump in GDP versus the drop in Q3 2020 (35.3%) with great growth in the quarters after that. However, you start to see inflation's toll as we go through 2021 as we hit a technical recession through Q1 2022 and Q2 2022 as that transitory inflation turned out to be much worse, historically worse. But the further and further we get from the huge surge in the money supply that caused the inflation (Biden's spending splurge and the Fed's slow reaction to it) the better the GDP is. So the GDP has basically been fine, the economy is growing well. But real people, and wages, are always the last to recover from an inflation mess and we're still not there yet, almost 4 years out from when politicians let inflation get out of control.

https://www.statista.com/statistics/188 ... in-the-us/

I don't get the neoliberal reference, how does that come into this discussion?

[kalm]

1) aren’t you leaving out the impact of covid?

2). Biden was a neoliberal his entire career.

COVID is a catchall for any argument trying to find a scapegoat, and in this case, it doesn't work. As bad as COVID was to the economy, it wasn't a real recession - there wasn't anything wrong with the economy. We turned the switch off, and then turned it back on. Sure, things didn't all restart as well as they could've, but a fairly strong economy before COVID came back strong very close to when we started back up. In fact, it was that surging economy coming out of COVID that was the prime reason why there were so many pundits sounding the warning bells when Biden took office and started talking about "COVID Relief" that was clearly no longer necessary and could, true it turned out, could spike inflation.

To emphasize that, GDP took a nose dive in Q2 2020, a whopping -29.9%, when we turned the switch off (Q1 2020 was impacted too at the tail end of that quarter). That made sense, we panicked and didn't know what to do with COVID. When we realized much of life could go on, especially work life, with some adjustments, we turned the switch back on and the economy continued to move along well, with and even bigger jump in GDP versus the drop in Q3 2020 (35.3%) with great growth in the quarters after that. However, you start to see inflation's toll as we go through 2021 as we hit a technical recession through Q1 2022 and Q2 2022 as that transitory inflation turned out to be much worse, historically worse. But the further and further we get from the huge surge in the money supply that caused the inflation (Biden's spending splurge and the Fed's slow reaction to it) the better the GDP is. So the GDP has basically been fine, the economy is growing well. But real people, and wages, are always the last to recover from an inflation mess and we're still not there yet, almost 4 years out from when politicians let inflation get out of control.

https://www.statista.com/statistics/188 ... in-the-us/

I don't get the neoliberal reference, how does that come into this discussion?

It’s in your explanation. Real people and wages are the last to benefit if at all from neoliberal economics.

You’re downplaying the effects of covid. It created world wide economic issues and changes in economics from supply chains to manufacturing to remote work, medicine, and education…some of which are still being felt.

[UNI88]

COVID is a catchall for any argument trying to find a scapegoat, and in this case, it doesn't work. As bad as COVID was to the economy, it wasn't a real recession - there wasn't anything wrong with the economy. We turned the switch off, and then turned it back on. Sure, things didn't all restart as well as they could've, but a fairly strong economy before COVID came back strong very close to when we started back up. In fact, it was that surging economy coming out of COVID that was the prime reason why there were so many pundits sounding the warning bells when Biden took office and started talking about "COVID Relief" that was clearly no longer necessary and could, true it turned out, could spike inflation.

To emphasize that, GDP took a nose dive in Q2 2020, a whopping -29.9%, when we turned the switch off (Q1 2020 was impacted too at the tail end of that quarter). That made sense, we panicked and didn't know what to do with COVID. When we realized much of life could go on, especially work life, with some adjustments, we turned the switch back on and the economy continued to move along well, with and even bigger jump in GDP versus the drop in Q3 2020 (35.3%) with great growth in the quarters after that. However, you start to see inflation's toll as we go through 2021 as we hit a technical recession through Q1 2022 and Q2 2022 as that transitory inflation turned out to be much worse, historically worse. But the further and further we get from the huge surge in the money supply that caused the inflation (Biden's spending splurge and the Fed's slow reaction to it) the better the GDP is. So the GDP has basically been fine, the economy is growing well. But real people, and wages, are always the last to recover from an inflation mess and we're still not there yet, almost 4 years out from when politicians let inflation get out of control.

https://www.statista.com/statistics/188 ... in-the-us/

I don't get the neoliberal reference, how does that come into this discussion?

It’s in your explanation. Real people and wages are the last to benefit if at all from neoliberal economics.

You’re downplaying the effects of covid. It created world wide economic issues and changes in economics from supply chains to manufacturing to remote work, medicine, and education…some of which are still being felt.

Yes, the effects of Covid are still being felt but they pail in comparison to the effects of the oxymoronically named Inflation Reduction Act and other biden initiatives. You wouldn't be trying to surreptitiously shift responsibility for those effects to Covid would you?

[Caribbean Hen]

COVID is a catchall for any argument trying to find a scapegoat, and in this case, it doesn't work. As bad as COVID was to the economy, it wasn't a real recession - there wasn't anything wrong with the economy. We turned the switch off, and then turned it back on. Sure, things didn't all restart as well as they could've, but a fairly strong economy before COVID came back strong very close to when we started back up. In fact, it was that surging economy coming out of COVID that was the prime reason why there were so many pundits sounding the warning bells when Biden took office and started talking about "COVID Relief" that was clearly no longer necessary and could, true it turned out, could spike inflation.

To emphasize that, GDP took a nose dive in Q2 2020, a whopping -29.9%, when we turned the switch off (Q1 2020 was impacted too at the tail end of that quarter). That made sense, we panicked and didn't know what to do with COVID. When we realized much of life could go on, especially work life, with some adjustments, we turned the switch back on and the economy continued to move along well, with and even bigger jump in GDP versus the drop in Q3 2020 (35.3%) with great growth in the quarters after that. However, you start to see inflation's toll as we go through 2021 as we hit a technical recession through Q1 2022 and Q2 2022 as that transitory inflation turned out to be much worse, historically worse. But the further and further we get from the huge surge in the money supply that caused the inflation (Biden's spending splurge and the Fed's slow reaction to it) the better the GDP is. So the GDP has basically been fine, the economy is growing well. But real people, and wages, are always the last to recover from an inflation mess and we're still not there yet, almost 4 years out from when politicians let inflation get out of control.

https://www.statista.com/statistics/188 ... in-the-us/

I don't get the neoliberal reference, how does that come into this discussion?

It’s in your explanation. Real people and wages are the last to benefit if at all from neoliberal economics.

You’re downplaying the effects of the governments response to covid. It created world wide economic issues and changes in economics from supply chains to manufacturing to remote , medicine, and education…some of which are still being felt.

Fixed it

We did it to ourselves. Covid didn’t do it.

[kalm]

It’s in your explanation. Real people and wages are the last to benefit if at all from neoliberal economics.

You’re downplaying the effects of the governments response to covid. It created world wide economic issues and changes in economics from supply chains to manufacturing to remote , medicine, and education…some of which are still being felt.

Fixed it

We did it to ourselves. Covid didn’t do it.

Yes…governments around the world just decided to fuck their own economies for no reason.

[Caribbean Hen]

Fixed it

We did it to ourselves. Covid didn’t do it.

Yes…governments around the world just decided to fuck their own economies for no reason.

The government should’ve just told the truth

[BDKJMU]

Fixed it

We did it to ourselves. Covid didn’t do it.

Yes…governments around the world just decided to fuck their own economies for no reason.

Like lemmings.

[kalm]

Yes…governments around the world just decided to fuck their own economies for no reason.

Like lemmings.

Some lemmings still jumped from the cliff.

[Caribbean Hen]

Like lemmings.

Some lemmings still jumped from the cliff.

and some perfectly healthy lemmings went to football games on gorgeous Saturday afternoons wearing a mask and ensuring nobody was within 6 feet of them … all the while watching young men on the field give each other life long brain damage from multiple concussions

[UNI88]

Some lemmings still jumped from the cliff.

and some perfectly healthy lemmings went to football games on gorgeous Saturday afternoons wearing a mask and ensuring nobody was within 6 feet of them … all the while watching young men on the field give each other life long brain damage from multiple concussions

and some lemmings believed a charlatan and stormed the Capitol after he told them "if you don't fight like hell, you're not going to have a country anymore".

Lots more lemmings push the fake news that it was just a mostly peaceful protest.

[Caribbean Hen]

and some perfectly healthy lemmings went to football games on gorgeous Saturday afternoons wearing a mask and ensuring nobody was within 6 feet of them … all the while watching young men on the field give each other life long brain damage from multiple concussions

and some lemmings believed a charlatan and stormed the Capitol after he told them "if you don't fight like hell, you're not going to have a country anymore".

Lots more lemmings push the fake news that it was just a mostly peaceful protest.

Still squeezing on that turnip looking for blood huh