The Biden Economy

[donquixote99]

Originally Posted by BlueStreak

January of 2021; "The Biden crash will happen by this summer!"

Summer of 2021; "Get ready for it, Folks! Start burying cash in the yard because Biden is after every penny! By Christmas, you'll be in the worst shape ever!"

At least twice a month, throughout 2022; "THE MARKET IS SIGNALLING IT COULD COLLAPSE ANY DAY NOW!".

All year long in 2023; "This is the worst economy since 1930! Americans are starving to death, some are resorting to cannibalism! WE'RE ALL GONNA DIE! OH, SWEET LORD TRUMP! PLEASE SAVE US....!".

And then you go out in the real world and there they are, dining out, cruising around in their boats, living in $500,000 homes and driving brand new SUVs.
Yeah, 1930......Soup lines and selling apples in the street.... Oh, STFU.

Wow! Is that Tucker, or who?

[RickeyM]

I have to LOL everytime I see these TV (yes I partake) commercials saying the country and economy are going to hell in a handbasket so you better buy gold now!

[Rajoo]

When one cannot accomplish things, people criticize others or downplay their accomplishments. This is very typical in the workplace.

Since the Bush II presidential selection, what has the Republican party accomplished?

2004, Assault weapon ban was reversed and now mass shootings are commonplace
2010, Citizens United permanently corrupting our elections and democracy
2022, Roe vs Wade repealed

Corruption of the Supreme Court, an Insurrection and now a corrupt immoral seditious moron is their candidate for yet another term to degrade America again.

[Chicks]

Another problem in DeSatan's Florida: High inflation
https://finance.yahoo.com/news/anoth...143102723.html

Living costs in Florida are now rising at more than twice the national average, according to the Labor Department’s latest inflation data. DeSantis and other Republicans have dinged President Biden for high inflation, but now the story is flipping. The nationwide inflation rate has dropped sharply during the last year. Floridaflation is stickier.

The year-over-year inflation rate in Tampa is 7.3%. In Miami, it’s 6.9%. Those two Florida cities now rank highest among 21 metro areas the Labor Department reports on every month. The nationwide inflation rate is 3%.

Oops. Whell's World.

[finnbow]

Real wages since 2019:

* Germany: down 3%
* Italy: down 3.5%
* Spain: down 3.5%
* Greece: down 6%
* U.S.: UP 6%

https://www.wsj.com/articles/europea...onomy-255eb629

[Rajoo]

Back when inflation was out of control, Republicans railed against the purported failure of “Bidenomics,” a sobriquet they coined as a pejorative. But recently, Biden has stolen the term and begun touting “Bidenomics” as an unqualified success: falling inflation, rising wages and jobs for all who want to work. And while what Americans feel about the economy often lags behind what the numbers say, last week there was a sign that perception is catching up with reality: The University of Michigan’s benchmark measure of consumer sentiment jumped to 72.6 percent in July from 64.4 percent in June — the biggest single-month jump since 2005.

Thank you Mr. President, you are one of the best. The TFG was one of the worst.
What a difference in about 30 months.

The numbers were improving, but the incessant noise from the right wing made people to repeat what they heard rather than see and understand what is going on.

From NATO’s summit to the economy, Biden is racking up wins

https://www.washingtonpost.com/opini...nomy-momentum/

[Chicks]

Poor Whell is going to have to crawl back under his rock for a while - none of his dire Reich-wing bullshit has come to fruition. Sad little man.

[whell]

Originally Posted by finnbow

Real wages since 2019:

* Germany: down 3%
* Italy: down 3.5%
* Spain: down 3.5%
* Greece: down 6%
* U.S.: UP 6%

https://www.wsj.com/articles/europea...onomy-255eb629

Go back a bit further, and its another story:

https://www.wsj.com/articles/inflati...ng-11658050200

[whell]

Originally Posted by Chicks

Poor Whell is going to have to crawl back under his rock for a while - none of his dire Reich-wing bullshit has come to fruition. Sad little man.

What are you babbling about now? I've made no dire statements about the future of the economy. You live a life of delusion, you ass pimple.

[finnbow]

Originally Posted by whell

What are you babbling about now? I've made no dire statements about the future of the economy. You live a life of delusion, you ass pimple.

Other than your constant predictions about an upcoming (or already existent) recession?