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Posted: 5/11/2024 2:31:55 PM EDT
[#1]
Quote HistoryOriginally Posted By Ekie: Meaning Executive Order 13990 had no effect on our current economy? Is this an attempt at humor? If so what is the punch line? Quote HistoryOriginally Posted By Ekie: Originally Posted By Keekleberrys: Presidents don’t control the economy. Don’t be ridiculous. Meaning Executive Order 13990 had no effect on our current economy? Is this an attempt at humor? If so what is the punch line? Executive orders can have a small localized effect. Obviously, Wars can have an effect. But typically, the President has little immediate effect on the macro economy. Any changes they make, don’t become apparent until years later. For some reason, people have an innate “KING” or “Messiah” mentality, where everything Good, or Bad, is ascribed to the dear leader. I think it’s genetically hard wired. Our brains crave simplicity. BTW, Our own OIL SME has said that the keystone pipeline wasn’t important to today’s international oil trading world. We are getting A Lot of oil from Guyana, and will continue to for the future. |
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Posted: 5/11/2024 2:38:32 PM EDT
[#2]
Quote HistoryOriginally Posted By durtychemist: I love republicans using the term Bidenomics after claiming Ronnie was such a great President. Reagenomics wasn't exactly great for the working class but we still have to believe he was such a great President.  Please move back to CA. |
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USA
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Posted: 5/11/2024 2:41:28 PM EDT
[#3]
Quote HistoryOriginally Posted By LineOfDeparture: Fuck that guy. He ruined my dreams of owning an M240 when I was 1 month old. Quote HistoryOriginally Posted By LineOfDeparture: Originally Posted By durtychemist: I love republicans using the term Bidenomics after claiming Ronnie was such a great President. Reagenomics wasn't exactly great for the working class but we still have to believe he was such a great President. Fuck that guy. He ruined my dreams of owning an M240 when I was 1 month old. |
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Posted: 5/11/2024 2:43:00 PM EDT
[Last Edit: buck19delta]
[#4]
The good news is… these are actually the good old days of plenty vs where we will be after 4 more years of Biden. Buckle up ! Maybe buy a Geiger counter.
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Posted: 5/11/2024 3:04:53 PM EDT
[#5]
Quote HistoryOriginally Posted By Brok3n: Please move back to CA. Quote HistoryOriginally Posted By Brok3n: Originally Posted By durtychemist: I love republicans using the term Bidenomics after claiming Ronnie was such a great President. Reagenomics wasn't exactly great for the working class but we still have to believe he was such a great President. Please move back to CA. Dang it, man! Now you done it. He's very sensitive about California. Seriously. |
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Posted: 5/11/2024 3:20:46 PM EDT
[#6]
Quote HistoryOriginally Posted By durtychemist: I love republicans using the term Bidenomics after claiming Ronnie was such a great President. Reagenomics wasn’t exactly great for the working class but we still have to believe he was such a great President. LOL. Reagan won 49 states. The only state he didn't win was infested with socialist Finns. |
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AZ, USA
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Posted: 5/11/2024 3:45:07 PM EDT
[#7]
Quote HistoryOriginally Posted By durtychemist: I love republicans using the term Bidenomics after claiming Ronnie was such a great President. Reagenomics wasn’t exactly great for the working class but we still have to believe he was such a great President. Wait, what? Reagan wasn't the best on everything but lower taxes (the linchpin of Reaganomics) isn't helpful to the working class? Don't worry scro, lots of tards live great lives now.... |
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Posted: 5/11/2024 3:57:46 PM EDT
[#8]
Quote HistoryOriginally Posted By simple06: Dang it, man! Now you done it. He's very sensitive about California. Seriously. Quote HistoryOriginally Posted By simple06: Originally Posted By Brok3n: Originally Posted By durtychemist: I love republicans using the term Bidenomics after claiming Ronnie was such a great President. Reagenomics wasn't exactly great for the working class but we still have to believe he was such a great President. Please move back to CA. Dang it, man! Now you done it. He's very sensitive about California. Seriously. The hubris that comes out of leftists and so-called moderates from CA is something that should be studied in a lab. They move to other states because they can't afford to stay in the paradise they voted for but refuse to acknowledge the failed policies that forced them to move. Instead they double down on the information warfare as they turn the new home into the same shit hole as before while thumbing their noses at the locals for calling them out for it. |
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Posted: 5/11/2024 4:25:10 PM EDT
[#9]
Quote HistoryOriginally Posted By JLPettimoreIII: years from now you'll look back and realize 2024 was the salad days. /media/mediaFiles/sharedAlbum/vladimir-putin-laugh-987.gif Quote HistoryOriginally Posted By JLPettimoreIII: Originally Posted By crashburnrepeat: My wages down 25% Got laid off 5 months ago. Job market is flaming shit due to interest rates New job I just started pays less than previous job /media/mediaFiles/sharedAlbum/vladimir-putin-laugh-987.gif Bloody fookin' hell, man. 
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OH, USA
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Posted: 5/11/2024 4:30:41 PM EDT
[#10]
Quote HistoryOriginally Posted By Keekleberrys: Presidents don’t control the economy. Don’t be ridiculous. But they influence consumer sentiment via their policies and politics. Ergo, Trump was great for the economy, whether you liked his politics or his policies. Same for Reagan. And Bush. And lesser so, Clinton. Abeit for different reasons. |
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NV, USA
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Posted: 5/11/2024 4:33:47 PM EDT
[#11]
Quote HistoryOriginally Posted By Wobblin-Goblin: I swear this place is overrun with blue activists. deff seems that way... Living up to the phrase " liberalism is cancer" and they're sure spreading like one. |
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Posted: 5/11/2024 4:35:50 PM EDT
[#12]
Quote HistoryOriginally Posted By BillofRights: Does your screen name allude to a career cooking methamphetamines? People ignorantly blame or credit the President, when in fact, the Economy is moved by the Fed lowering and raising interest rates. Look it up, and stop blathering stupid shit. It might go over well at DU, but here, people are a little more informed. Quote HistoryOriginally Posted By BillofRights: Originally Posted By durtychemist: Originally Posted By exponentialpi: This kind of prosperity is a wealth builder. Wages outpacing inflation, stock market running to all time highs. Joe should get re-elected easily.
I love republicans using the term Bidenomics after claiming Ronnie was such a great President. Reagenomics wasn’t exactly great for the working class but we still have to believe he was such a great President. Does your screen name allude to a career cooking methamphetamines? People ignorantly blame or credit the President, when in fact, the Economy is moved by the Fed lowering and raising interest rates. Look it up, and stop blathering stupid shit. It might go over well at DU, but here, people are a little more informed. |
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Posted: 5/11/2024 4:38:35 PM EDT
[#13]
Quote HistoryOriginally Posted By Scalped: Bloody fookin' hell, man. you bring your tomahawk and i'll bring my shovel.  |
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Posted: 5/11/2024 4:50:32 PM EDT
[#14]
Quote HistoryOriginally Posted By Taft: WORST.PRESIDENT.EVER |
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Posted: 5/11/2024 4:52:17 PM EDT
[#15]
Quote HistoryOriginally Posted By uboat534: Shit Even prices at the commissary are catching up with the regular stores. Politics aside how are the die hards affording to eat? They will starve before they admit handing Joe the election was a mistake. Heck they would still support him if he starts WW3 or a Civil War here. |
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Posted: 5/11/2024 4:56:51 PM EDT
[#16]
Quote HistoryOriginally Posted By JLPettimoreIII: you can be my wingman in the trenches when we get drafted for WWIII. you bring your tomahawk and i'll bring my shovel. https://upload.wikimedia.org/wikipedia/commons/0/08/Shovel%2C_trench_%28AM_1926.195.21-3%29.jpg Quote HistoryOriginally Posted By JLPettimoreIII: Originally Posted By Scalped: Bloody fookin' hell, man. you bring your tomahawk and i'll bring my shovel. https://upload.wikimedia.org/wikipedia/commons/0/08/Shovel%2C_trench_%28AM_1926.195.21-3%29.jpg Time is a flat circle.. JPIII & Scalped at 00:50  Cold Mountain - Battle of the Crater (Seige of Petersburg) HD |
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Posted: 5/11/2024 5:00:14 PM EDT
[#17]
Quote HistoryOriginally Posted By Scalped: Time is a flat circle.. JPIII & Scalped at 00:50  https://www.youtube.com/watch?v=x5fbYJMEyes  what kind of american are you? battlefield pickup suppressed short 5.45 AK/357 motherfuckin' magnum Ruger single action/beans/white toyota Hilux turbodiesel 4x4/ESEE 6/estwing hatchet/cold steel Spetsnaz shovel/Scarpa Grand Dru mountain boots |
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USA
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Posted: 5/11/2024 5:04:13 PM EDT
[#18]
Quote HistoryOriginally Posted By Wobblin-Goblin: Clearly you weren't alive during Ronald Reagan's two terms as president. I swear this place is overrun with blue activists. Quote HistoryOriginally Posted By Wobblin-Goblin: Originally Posted By durtychemist: I love republicans using the term Bidenomics after claiming Ronnie was such a great President. Reagenomics wasn’t exactly great for the working class but we still have to believe he was such a great President. Clearly you weren't alive during Ronald Reagan's two terms as president. I swear this place is overrun with blue activists. It's infested with democratards. |
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USA
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Posted: 5/11/2024 5:11:34 PM EDT
[#19]
Quote HistoryOriginally Posted By Kraquine: Na, he'd be issuing tariffs left and right forcing production in the U.S. and giving corporations an excuse to raise prices even higher...................benefitting the 1% of course. Quote HistoryOriginally Posted By Kraquine: Originally Posted By Notcalifornialegal: Imagine how much better off we'd be if Trump was still in.  Na, he'd be issuing tariffs left and right forcing production in the U.S. and giving corporations an excuse to raise prices even higher...................benefitting the 1% of course. Why were things so much better under Trump then? |
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Posted: 5/11/2024 5:31:31 PM EDT
[#20]
Quote HistoryOriginally Posted By motoguzzi: They will starve before they admit handing Joe the election was a mistake. Heck they would still support him if he starts WW3 or a Civil War here. Yep, they would happily cut the throats of their families if a (D) tells them to. Agenda ya know. Insane. |
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Posted: 5/11/2024 5:52:21 PM EDT
[#21]
Quote HistoryOriginally Posted By JLPettimoreIII: bunny stew. https://media0.giphy.com/media/12jP74j7UwwemQ/giphy.gif?cid=6c09b952qwkn7luwpy9644z1oik3iksphirii1b615lx2qgf&ep=v1_gifs_search&rid=giphy.gif&ct=g what kind of american are you? battlefield pickup suppressed short 5.45 AK/357 motherfuckin' magnum Ruger single action/beans/white toyota Hilux turbodiesel 4x4/ESEE 6/estwing hatchet/cold steel Spetsnaz shovel/Scarpa Grand Dru mountain boots Quote HistoryOriginally Posted By JLPettimoreIII: Originally Posted By Scalped: Time is a flat circle.. JPIII & Scalped at 00:50 https://www.youtube.com/watch?v=x5fbYJMEyeshttps://media0.giphy.com/media/12jP74j7UwwemQ/giphy.gif?cid=6c09b952qwkn7luwpy9644z1oik3iksphirii1b615lx2qgf&ep=v1_gifs_search&rid=giphy.gif&ct=g what kind of american are you? battlefield pickup suppressed short 5.45 AK/357 motherfuckin' magnum Ruger single action/beans/white toyota Hilux turbodiesel 4x4/ESEE 6/estwing hatchet/cold steel Spetsnaz shovel/Scarpa Grand Dru mountain boots Boner! Oh I got you, fam:  Attached File Attached File |
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USA
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Posted: 5/11/2024 5:56:29 PM EDT
[#22]
Quote HistoryOriginally Posted By motoguzzi: They will starve before they admit handing Joe the election was a mistake. I actually hope they do and live like the 3rd world tards they desire to be. |
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USA
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Posted: 5/11/2024 5:59:44 PM EDT
[#23]
Quote HistoryOriginally Posted By snackle: Why were things so much better under Trump then? Mortgages were 3% Gas was $2 A Big Mac was $3.50 Terrorists were actually afraid of the US Putin had no intention to get stupid That's just a few I could think of off the top of my head |
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Posted: 5/11/2024 6:00:05 PM EDT
[#24]
Quote HistoryOriginally Posted By Scalped: Boner! Oh I got you, fam: https://www.ar15.com/media/mediaFiles/496432/29fdd2aa-b2c6-4850-8478-111_jpeg-3211841.JPG https://www.ar15.com/media/mediaFiles/496432/Screenshot_2024-05-11_145141_jpg-3211844.JPG  linky? |
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Posted: 5/11/2024 6:00:58 PM EDT
[#25]
Quote HistoryOriginally Posted By Lawmonkey: Mortgages were 3% Gas was $2 A Big Mac was $3.50 Terrorists were actually afraid of the US Putin had no intention to get stupid That's just a few I could think of off the top of my head You should move to a small town where the rule of law still exists. You will not survive here. You are not a wolf. And this is the land of wolves now. |
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Posted: 5/11/2024 6:08:42 PM EDT
[#26]
 FJB |
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Posted: 5/11/2024 6:17:16 PM EDT
[#27]
Quote HistoryOriginally Posted By JLPettimoreIII: https://media3.giphy.com/media/cALkoAIov3Y9a/giphy.gif?cid=6c09b952q808i3bio6n0umvd9r8k1jbiyqtwtyjm2meithu2&ep=v1_gifs_search&rid=giphy.gif&ct=g linky? Quote HistoryOriginally Posted By JLPettimoreIII: Originally Posted By Scalped: Boner! Oh I got you, fam: https://www.ar15.com/media/mediaFiles/496432/29fdd2aa-b2c6-4850-8478-111_jpeg-3211841.JPG https://www.ar15.com/media/mediaFiles/496432/Screenshot_2024-05-11_145141_jpg-3211844.JPG linky? Do it! 20 oz of pencil lightness https://hausoftools.com/products/estwing-gp18-gad-pry-bar-18-forged-geological-tool |
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Posted: 5/11/2024 6:19:20 PM EDT
[#28]
Quote HistoryOriginally Posted By snackle: Why were things so much better under Trump then? Quote HistoryOriginally Posted By snackle: Originally Posted By Kraquine: Originally Posted By Notcalifornialegal: Imagine how much better off we'd be if Trump was still in. Na, he'd be issuing tariffs left and right forcing production in the U.S. and giving corporations an excuse to raise prices even higher...................benefitting the 1% of course. Why were things so much better under Trump then? Because Trump was riding Obama's residuals |
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Posted: 5/11/2024 6:19:26 PM EDT
[#29]
Quote HistoryOriginally Posted By Scalped: Do it! 20 oz of pencil lightness https://hausoftools.com/products/estwing-gp18-gad-pry-bar-18-forged-geological-tool  |
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Posted: 5/11/2024 6:24:13 PM EDT
[Last Edit: Scalped]
[#30]
Quote HistoryOriginally Posted By Kraquine: Because Trump was riding Obama's residuals Can't be a liberal without blaming Trump for everything bad, and discrediting him in the context of something good
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USA
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Posted: 5/11/2024 6:26:58 PM EDT
[#31]
Quote HistoryOriginally Posted By motoguzzi: They will starve before they admit handing Joe the election was a mistake. Heck they would still support him if he starts WW3 or a Civil War here. Quote HistoryOriginally Posted By motoguzzi: Originally Posted By uboat534: Shit Even prices at the commissary are catching up with the regular stores. Politics aside how are the die hards affording to eat? They will starve before they admit handing Joe the election was a mistake. Heck they would still support him if he starts WW3 or a Civil War here. Reminds me of a Venezuelan I talked to last year. He said he voted for Chavez the first time. After that, voting didn’t matter. I’ve come to the realization that it’s going to have to get much, much worse to shake some people out of their COVID/George Floyd/Orange Man Bad Stupor. Look at Minnesota. The state government sat back and let riots and destruction go on all summer. Then they went jack booted thug on bars and restaurants 6+ hours away from the capitol that defied the lockdown. Their reward - the Governor was re-elected and the Democrats took control of both houses in the legislature. You truly are on your own. Prepare accordingly. |
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Posted: 5/11/2024 6:31:33 PM EDT
[#32]
Quote HistoryOriginally Posted By Scalped: Can't be a liberal without blaming Trump for everything bad, and discrediting him in the context of something good Quote HistoryOriginally Posted By Scalped: Originally Posted By Kraquine: Because Trump was riding Obama's residuals Can't be a liberal without blaming Trump for everything bad, and discrediting him in the context of something good No blame given. It's just a fact that policy changes aren't usually instantaneous and can take an indeterminate amount of time to produce whatever outcome. |
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Posted: 5/11/2024 6:39:22 PM EDT
[#33]
Quote HistoryOriginally Posted By AmericanKulak: Reminds me of a Venezuelan I talked to last year. He said he voted for Chavez the first time. After that, voting didn't matter. I've come to the realization that it's going to have to get much, much worse to shake some people out of their COVID/George Floyd/Orange Man Bad Stupor. Look at Minnesota. The state government sat back and let riots and destruction go on all summer. Then they went jack booted thug on bars and restaurants 6+ hours away from the capitol that defied the lockdown. Their reward - the Governor was re-elected and the Democrats took control of both houses in the legislature. You truly are on your own. Prepare accordingly. |
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Posted: 5/11/2024 6:51:19 PM EDT
[Last Edit: 917-30]
[#34]
Quote HistoryOriginally Posted By Kraquine: Because Trump was riding Obama's residuals Quote HistoryOriginally Posted By Kraquine: Originally Posted By snackle: Originally Posted By Kraquine: Originally Posted By Notcalifornialegal: Imagine how much better off we'd be if Trump was still in. Na, he'd be issuing tariffs left and right forcing production in the U.S. and giving corporations an excuse to raise prices even higher...................benefitting the 1% of course. Why were things so much better under Trump then? Because Trump was riding Obama's residuals  Attached FileFBHO had the lowest growth numbers for the economy of any president in modern history. After he began his term with the World Apology Tour (snubbing Israel) he told us that the US sucked and that we needed to accept that we would never see good growth numbers again. Try again. |
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Posted: 5/11/2024 6:56:02 PM EDT
[#35]
Quote HistoryOriginally Posted By 917-30: FBHO had the lowest growth numbers for the economy of any president in modern history. After he began his term with the World Apology Tour (snubbing Israel) he told us that the US sucked and that we needed to accept that we would never see good growth numbers again. Try again. Good ole' Barack Hussein "citizen of the world" Obama |
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Posted: 5/11/2024 7:08:28 PM EDT
[#36]
Lol. You guys are far removed from the poor.
They're hurting bad and moving in with each other so their food stamps and EBT can go longer. They're pissed at Biden's economy. 
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Posted: 5/11/2024 7:10:54 PM EDT
[#37]
Quote HistoryOriginally Posted By exponentialpi: Reagan nominated Greenspan as Fed chair and that started 40 years of decreasing rates and massive printing. Quote HistoryOriginally Posted By exponentialpi: Originally Posted By BillofRights: Originally Posted By durtychemist: Originally Posted By exponentialpi: This kind of prosperity is a wealth builder. Wages outpacing inflation, stock market running to all time highs. Joe should get re-elected easily.
I love republicans using the term Bidenomics after claiming Ronnie was such a great President. Reagenomics wasn’t exactly great for the working class but we still have to believe he was such a great President. Does your screen name allude to a career cooking methamphetamines? People ignorantly blame or credit the President, when in fact, the Economy is moved by the Fed lowering and raising interest rates. Look it up, and stop blathering stupid shit. It might go over well at DU, but here, people are a little more informed. Do you think the President controls the Fed, or the Fed controls who’s President? Tell the truth. |
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USA
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Posted: 5/11/2024 8:16:16 PM EDT
[#38]
Quote HistoryOriginally Posted By 917-30: https://www.ar15.com/media/mediaFiles/440308/1000035778_jpg-3211904.JPG FBHO had the lowest growth numbers for the economy of any president in modern history. After he began his term with the World Apology Tour (snubbing Israel) he told us that the US sucked and that we needed to accept that we would never see good growth numbers again. Try again. Quote HistoryOriginally Posted By 917-30: Originally Posted By Kraquine: Originally Posted By snackle: Originally Posted By Kraquine: Originally Posted By Notcalifornialegal: Imagine how much better off we'd be if Trump was still in. Na, he'd be issuing tariffs left and right forcing production in the U.S. and giving corporations an excuse to raise prices even higher...................benefitting the 1% of course. Why were things so much better under Trump then? Because Trump was riding Obama's residuals https://www.ar15.com/media/mediaFiles/440308/1000035778_jpg-3211904.JPG FBHO had the lowest growth numbers for the economy of any president in modern history. After he began his term with the World Apology Tour (snubbing Israel) he told us that the US sucked and that we needed to accept that we would never see good growth numbers again. Try again. He also told us the Russians and Putin were our friends and only boomer FUDDs stuck in the 50s believed otherwise. |
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Posted: 5/11/2024 8:25:46 PM EDT
[#39]
Quote HistoryOriginally Posted By Tiberius: He also told us the Russians and Putin were our friends and only boomer FUDDs stuck in the 50s believed otherwise. Quote HistoryOriginally Posted By Tiberius: Originally Posted By 917-30: Originally Posted By Kraquine: Originally Posted By snackle: Originally Posted By Kraquine: Originally Posted By Notcalifornialegal: Imagine how much better off we'd be if Trump was still in. Na, he'd be issuing tariffs left and right forcing production in the U.S. and giving corporations an excuse to raise prices even higher...................benefitting the 1% of course. Why were things so much better under Trump then? Because Trump was riding Obama's residuals https://www.ar15.com/media/mediaFiles/440308/1000035778_jpg-3211904.JPG FBHO had the lowest growth numbers for the economy of any president in modern history. After he began his term with the World Apology Tour (snubbing Israel) he told us that the US sucked and that we needed to accept that we would never see good growth numbers again. Try again. He also told us the Russians and Putin were our friends and only boomer FUDDs stuck in the 50s believed otherwise. Then sold the russians 20% of all our future uranium production in a deal that netted FHRC at least $145M while she was Secretary of State. Oddly enough, as soon as Trump announced that he was running for president, the russians suddenly became our worst enemy again and Trump was literally in bed with them. |
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OH, USA
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Posted: 5/11/2024 8:29:58 PM EDT
[#40]
Quote HistoryOriginally Posted By Keekleberrys: Presidents don’t control the economy. Don’t be ridiculous. Yep. Carter, Obama and the potato are just coincidental failures. |
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Posted: 5/11/2024 8:38:18 PM EDT
[#41]
Quote HistoryOriginally Posted By BillofRights: Do you think the President controls the Fed, or the Fed controls who’s President? Tell the truth. Quote HistoryOriginally Posted By BillofRights: Originally Posted By exponentialpi: Originally Posted By BillofRights: Originally Posted By durtychemist: Originally Posted By exponentialpi: This kind of prosperity is a wealth builder. Wages outpacing inflation, stock market running to all time highs. Joe should get re-elected easily.
I love republicans using the term Bidenomics after claiming Ronnie was such a great President. Reagenomics wasn’t exactly great for the working class but we still have to believe he was such a great President. Does your screen name allude to a career cooking methamphetamines? People ignorantly blame or credit the President, when in fact, the Economy is moved by the Fed lowering and raising interest rates. Look it up, and stop blathering stupid shit. It might go over well at DU, but here, people are a little more informed. Do you think the President controls the Fed, or the Fed controls who’s President? Tell the truth. Neither. Now if Powell will just do the needful. |
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Posted: 5/11/2024 8:58:21 PM EDT
[#42]
It seems like wages are up a good bit for lower earners - like finding $20+ an hour isn't exactly difficult for someone who was making $12/hr not that long ago. So sure, their earnings are up well above the headline inflation figures but they're so utterly fucked when it comes to housing that I doubt they care if groceries are 4% of their budget now instead of 5%.
On the other end of the spectrum, plenty of mid career earners are not seeing wages increase at the rate of inflation, and are seeing a modest reduction in QoL / how far their money goes. The big caveat will be that people who bought houses 5+ years ago are doing 'okay' but still feeling the pinch. |
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Posted: 5/11/2024 9:43:07 PM EDT
[#43]
Quote HistoryOriginally Posted By Wobblin-Goblin: Clearly you weren't alive during Ronald Reagan's two terms as president. I swear this place is overrun with blue activists. Quote HistoryOriginally Posted By Wobblin-Goblin: Originally Posted By durtychemist: I love republicans using the term Bidenomics after claiming Ronnie was such a great President. Reagenomics wasn’t exactly great for the working class but we still have to believe he was such a great President. Clearly you weren't alive during Ronald Reagan's two terms as president. I swear this place is overrun with blue activists. I was a working class twenty-something during Reagan's two terms. I started out Jimmy Carter-poor and ended up swimming in money. Yes, we have a lot of Biden sniffers here. |
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OR, USA
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Posted: 5/11/2024 10:00:52 PM EDT
[#44]
Quote HistoryOriginally Posted By Mech2007: Biden's constituents don't care. They "work" minimum wage jobs, if any, and exist on a combination of that, governmental and societal handouts and criminal enterprises. As long as the scrap value of catalytic converters holds true, the world is their oyster. .  Attached File |
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USA
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Posted: 5/11/2024 11:44:11 PM EDT
[#45]
Quote HistoryOriginally Posted By NH556: It seems like wages are up a good bit for lower earners - like finding $20+ an hour isn't exactly difficult for someone who was making $12/hr not that long ago. So sure, their earnings are up well above the headline inflation figures but they're so utterly fucked when it comes to housing that I doubt they care if groceries are 4% of their budget now instead of 5%. On the other end of the spectrum, plenty of mid career earners are not seeing wages increase at the rate of inflation, and are seeing a modest reduction in QoL / how far their money goes. The big caveat will be that people who bought houses 5+ years ago are doing 'okay' but still feeling the pinch. Bolded part for sure. A very large percentage of people at work used to go out to lunch or have it delivered multiple times a week if not every day. I hardly ever see food deliveries anymore and break room fridges are fuller with packed lunches than I have probably ever seen them. But there's no recession coming according to the permabulls. |
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Posted: 5/12/2024 12:55:00 AM EDT
[#46]
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Posted: 5/12/2024 12:55:30 AM EDT
[#47]
Quote HistoryOriginally Posted By Trunalimunumaprzure: Bolded part for sure. A very large percentage of people at work used to go out to lunch or have it delivered multiple times a week if not every day. I hardly ever see food deliveries anymore and break room fridges are fuller with packed lunches than I have probably ever seen them. But there's no recession coming according to the permabulls. Quote HistoryOriginally Posted By Trunalimunumaprzure: Originally Posted By NH556: It seems like wages are up a good bit for lower earners - like finding $20+ an hour isn't exactly difficult for someone who was making $12/hr not that long ago. So sure, their earnings are up well above the headline inflation figures but they're so utterly fucked when it comes to housing that I doubt they care if groceries are 4% of their budget now instead of 5%. On the other end of the spectrum, plenty of mid career earners are not seeing wages increase at the rate of inflation, and are seeing a modest reduction in QoL / how far their money goes. The big caveat will be that people who bought houses 5+ years ago are doing 'okay' but still feeling the pinch. Bolded part for sure. A very large percentage of people at work used to go out to lunch or have it delivered multiple times a week if not every day. I hardly ever see food deliveries anymore and break room fridges are fuller with packed lunches than I have probably ever seen them. But there's no recession coming according to the permabulls. Not defending Biden at all, but I see this as a Good thing. People are incredibly foolish with their money when interest rates are below inflation. The era of free money led to excesses in the style of the Roaring 20’s. It’s high time people learned to be Frugal. You shouldn’t be spending 10% of your income on Lunch. |
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Posted: 5/12/2024 12:56:43 AM EDT
[#48]
Quote HistoryOriginally Posted By JKH62: Yep. Carter, Obama and the potato are just coincidental failures. Quote HistoryOriginally Posted By JKH62: Originally Posted By Keekleberrys: Presidents don’t control the economy. Don’t be ridiculous. Yep. Carter, Obama and the potato are just coincidental failures.  Happened under Trump. |
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Posted: 5/12/2024 1:11:31 AM EDT
[#49]
Quote HistoryOriginally Posted By Keekleberrys: https://www.ar15.com/media/mediaFiles/12422/48E959B1-7E66-4138-ACAE-1BD67FE035B8-2804104.png Happened under Trump. Quote HistoryOriginally Posted By Keekleberrys: Originally Posted By JKH62: Originally Posted By Keekleberrys: Presidents don’t control the economy. Don’t be ridiculous. Yep. Carter, Obama and the potato are just coincidental failures. https://www.ar15.com/media/mediaFiles/12422/48E959B1-7E66-4138-ACAE-1BD67FE035B8-2804104.png Happened under Trump. Some of that may have happened under Trump, but he certainly didn’t have the power to do it on his own. You should break out of the libtard plantation for a few hours, and really look into what happened. I’m annoyed with Trump for not being a fiscal conservative, but I highly doubt he could have prevented that. It’s a terrible thing which happened. Blaming only Trump, is the all time height of willful ignorance. |
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TX, USA
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Posted: 5/12/2024 1:15:42 AM EDT
[#50]
Quote HistoryOriginally Posted By durtychemist: I love republicans using the term Bidenomics after claiming Ronnie was such a great President. Reagenomics wasn’t exactly great for the working class but we still have to believe he was such a great President. Lol, we were in an arms race with the Soviets, Ronnie won. And people were making good money after the socialists fucked the entire country in the 60’s and 70’s. |
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