#46 President Joe Biden

Halifax2TheMax

JB16057 said:

Halifax2TheMax said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

What data do you have that backs that claim up? People struggle to pay their bills all the time, it’s called personal responsibility and life. Why even POOTWH struggles to pay his bills, particularly his legal bills and he’s a billionaire!

You can look up your own data or talk to your neighbors and ask them how they are doing. America has record high credit card debt. That's not good. 

You made a claim that you can’t back up and basically equates to what most conspiracy theorists, POOTWH supporters and cultists tell you, “do your own research.” Got it.

PS: my neighbours are doing fine, just fine.

Bentleyspop

JB16057 said:

https://www.washingtontimes.com/news/2023/oct/25/fbi-had-40-informants-tracking-biden-family-financ/

More than 40 confidential sources were providing information to the FBI about the Biden family and they produced credible evidence of corruption, the Senate’s most senior lawmaker said Wednesday.

But the allegations ran into resistance from biased officials at the FBI and Justice Department, who led an effort to hinder probes into President Biden, his brother James Biden and his son Hunter Biden, said Sen. Charles E. Grassley, Iowa Republican.

The senator also said he has found out that the FBI had information as far back as October 2020 that contradicted then-candidate Joe Biden’s claims that he wasn’t aware of Hunter Biden’s business dealings.

Washington times? Seriously?
Nothing from oan, breitbart, newsmax, infowars or the daily stormer?

Halifax2TheMax

Bentleyspop said:

JB16057 said:

https://www.washingtontimes.com/news/2023/oct/25/fbi-had-40-informants-tracking-biden-family-financ/

More than 40 confidential sources were providing information to the FBI about the Biden family and they produced credible evidence of corruption, the Senate’s most senior lawmaker said Wednesday.

But the allegations ran into resistance from biased officials at the FBI and Justice Department, who led an effort to hinder probes into President Biden, his brother James Biden and his son Hunter Biden, said Sen. Charles E. Grassley, Iowa Republican.

The senator also said he has found out that the FBI had information as far back as October 2020 that contradicted then-candidate Joe Biden’s claims that he wasn’t aware of Hunter Biden’s business dealings.

Washington times? Seriously?
Nothing from oan, breitbart, newsmax, infowars or the daily stormer?

Gotta go with the Moonie Cult publication. 

mrussel1

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

HughFreakingDillon

JB16057 said:

Gern Blansten said:

JB16057 said:

https://www.washingtontimes.com/news/2023/oct/25/fbi-had-40-informants-tracking-biden-family-financ/

More than 40 confidential sources were providing information to the FBI about the Biden family and they produced credible evidence of corruption, the Senate’s most senior lawmaker said Wednesday.

But the allegations ran into resistance from biased officials at the FBI and Justice Department, who led an effort to hinder probes into President Biden, his brother James Biden and his son Hunter Biden, said Sen. Charles E. Grassley, Iowa Republican.

The senator also said he has found out that the FBI had information as far back as October 2020 that contradicted then-candidate Joe Biden’s claims that he wasn’t aware of Hunter Biden’s business dealings.

"said Sen Chuck Grassley"....devastating stuff man

Is the FBI disputing this? You'd think that if this wasn't true, the FBI would come out and say so. 

how often does the FBI call news conferences to address comments from a right wing newspaper and a shithead senator?

The Juggler

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Because of inflation, stemming from the pandemic. The reason why the Fed keeps raising interest rates is literally to slow the economy down. It continues to grow at much brisker rates than most economist predicted. 

Hey do you still need help with the search function? You never answered me last week. Happy to help. 

JB16057

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.bloomberg.com/news/articles/2023-05-17/almost-90-million-us-homes-struggle-with-expenses-census-says?embedded-checkout=true

Almost 90 Million American Adults Struggle to Make Ends Meet, Census Says

JB16057

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.bankrate.com/banking/federal-reserve/economy-inflation-harming-young-americans-finances/

Younger Americans’ finances were already trailing behind older generations. Then came inflation

The Juggler

Ol' JB's on a google search bender. My man found a bank rate article from March! You'd think he could utilize the search function in here....

lol

JB16057

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.investopedia.com/can-t-pay-your-bills-now-what-5179654

Approximately 61% of Americans live paycheck to paycheck, according to an April 2023 report.

mrussel1

JB16057 said:

Gern Blansten said:

JB16057 said:

https://www.washingtontimes.com/news/2023/oct/25/fbi-had-40-informants-tracking-biden-family-financ/

More than 40 confidential sources were providing information to the FBI about the Biden family and they produced credible evidence of corruption, the Senate’s most senior lawmaker said Wednesday.

But the allegations ran into resistance from biased officials at the FBI and Justice Department, who led an effort to hinder probes into President Biden, his brother James Biden and his son Hunter Biden, said Sen. Charles E. Grassley, Iowa Republican.

The senator also said he has found out that the FBI had information as far back as October 2020 that contradicted then-candidate Joe Biden’s claims that he wasn’t aware of Hunter Biden’s business dealings.

"said Sen Chuck Grassley"....devastating stuff man

Is the FBI disputing this? You'd think that if this wasn't true, the FBI would come out and say so. 

Do you recall the loan scandal from last week when Comer announced that James Biden paid Joe 200k?  SMOKING GUN! Well Comer forgot to tell you that other records show money transferring from Joe to James in that amount two months earlier.  So quite literally a loan. 

Yes another giant dud. But of course your information source only told you about the money James paid

JB16057

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.cnn.com/2023/08/03/politics/cnn-poll-economic-pessimism-joe-biden/index.html#:~:text=Despite%20months%20of%20increasingly%20positive,to%20a%20new%20CNN%20poll.

Despite months of increasingly positive economic indicators, the American public remains negative about the state of the nation’s economy, with 51% saying they think the economy is still in a downturn and getting worse, according to a new CNN poll.

mrussel1

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.investopedia.com/can-t-pay-your-bills-now-what-5179654

Approximately 61% of Americans live paycheck to paycheck, according to an April 2023 report.

Sure.  Now show me a 20 year trend on the same statement.  Do you really draw conclusions off one data point?

The Juggler

mrussel1 said:

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.investopedia.com/can-t-pay-your-bills-now-what-5179654

Approximately 61% of Americans live paycheck to paycheck, according to an April 2023 report.

Sure.  Now show me a 20 year trend on the same statement.  Do you really draw conclusions off one data point?

He's drawing conclusions on random google searches. What do you think?

JB16057

mrussel1 said:

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.investopedia.com/can-t-pay-your-bills-now-what-5179654

Approximately 61% of Americans live paycheck to paycheck, according to an April 2023 report.

Sure.  Now show me a 20 year trend on the same statement.  Do you really draw conclusions off one data point?

How about you show me a 20 year trend? 

Everyone here can't admit the economy is fucked. You all believe what you're told but look around. If the economy is doing so well, why do we have an all time high record amount of credit card debt? Do you not understand how bad that is or just too ignorant to admit that the cost of living keeps going up yet the government keeps telling how the economy is booming. Use some common sense. Americans are struggling to pay their bills and using credit card to do so. This bubble will burst. 

https://www.bankrate.com/finance/credit-cards/credit-card-debt-reaches-all-time-high/

• Nearly 50% of cardholders carry debt from month-to-month, up from 39% in 2021.

Merkin Baller

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

I blame the democrats. They want chaos. Kevin Mccarthy & Fox News told me so. 

Halifax2TheMax

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.cnn.com/2023/08/03/politics/cnn-poll-economic-pessimism-joe-biden/index.html#:~:text=Despite%20months%20of%20increasingly%20positive,to%20a%20new%20CNN%20poll.

Despite months of increasingly positive economic indicators, the American public remains negative about the state of the nation’s economy, with 51% saying they think the economy is still in a downturn and getting worse, according to a new CNN poll.

Now CNN polls are to be trusted? C'mon, man!

JB16057

The Juggler said:

mrussel1 said:

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.investopedia.com/can-t-pay-your-bills-now-what-5179654

Approximately 61% of Americans live paycheck to paycheck, according to an April 2023 report.

Sure.  Now show me a 20 year trend on the same statement.  Do you really draw conclusions off one data point?

He's drawing conclusions on random google searches. What do you think?

I don't see anyone proving me wrong with facts. Do you have some research you want to share? 

JB16057

Halifax2TheMax said:

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.cnn.com/2023/08/03/politics/cnn-poll-economic-pessimism-joe-biden/index.html#:~:text=Despite%20months%20of%20increasingly%20positive,to%20a%20new%20CNN%20poll.

Despite months of increasingly positive economic indicators, the American public remains negative about the state of the nation’s economy, with 51% saying they think the economy is still in a downturn and getting worse, according to a new CNN poll.

Now CNN polls are to be trusted? C'mon, man!

Where are your facts?

The Juggler

JB16057 said:

The Juggler said:

mrussel1 said:

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.investopedia.com/can-t-pay-your-bills-now-what-5179654

Approximately 61% of Americans live paycheck to paycheck, according to an April 2023 report.

Sure.  Now show me a 20 year trend on the same statement.  Do you really draw conclusions off one data point?

He's drawing conclusions on random google searches. What do you think?

I don't see anyone proving me wrong with facts. Do you have some research you want to share? 

What point do you think you are making? Please answer without googling. 

JB16057

The Juggler said:

JB16057 said:

The Juggler said:

mrussel1 said:

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.investopedia.com/can-t-pay-your-bills-now-what-5179654

Approximately 61% of Americans live paycheck to paycheck, according to an April 2023 report.

Sure.  Now show me a 20 year trend on the same statement.  Do you really draw conclusions off one data point?

He's drawing conclusions on random google searches. What do you think?

I don't see anyone proving me wrong with facts. Do you have some research you want to share? 

What point do you think you are making? Please answer without googling. 

What point do you think you are making? You aren't providing any information, just bullshit. 

The Juggler

JB16057 said:

The Juggler said:

JB16057 said:

The Juggler said:

mrussel1 said:

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.investopedia.com/can-t-pay-your-bills-now-what-5179654

Approximately 61% of Americans live paycheck to paycheck, according to an April 2023 report.

Sure.  Now show me a 20 year trend on the same statement.  Do you really draw conclusions off one data point?

He's drawing conclusions on random google searches. What do you think?

I don't see anyone proving me wrong with facts. Do you have some research you want to share? 

What point do you think you are making? Please answer without googling. 

What point do you think you are making? You aren't providing any information, just bullshit. 

I answered your initial question earlier. Scroll back through all your random links to find it. 

JB16057

The Juggler said:

JB16057 said:

The Juggler said:

JB16057 said:

The Juggler said:

mrussel1 said:

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.investopedia.com/can-t-pay-your-bills-now-what-5179654

Approximately 61% of Americans live paycheck to paycheck, according to an April 2023 report.

Sure.  Now show me a 20 year trend on the same statement.  Do you really draw conclusions off one data point?

He's drawing conclusions on random google searches. What do you think?

I don't see anyone proving me wrong with facts. Do you have some research you want to share? 

What point do you think you are making? Please answer without googling. 

What point do you think you are making? You aren't providing any information, just bullshit. 

I answered your initial question on the previous page. Scroll back through all your random links to find it. 

No, you gave your opinion. Not factual information. 

Gern Blansten

JB16057 said:

Gern Blansten said:

JB16057 said:

https://www.washingtontimes.com/news/2023/oct/25/fbi-had-40-informants-tracking-biden-family-financ/

More than 40 confidential sources were providing information to the FBI about the Biden family and they produced credible evidence of corruption, the Senate’s most senior lawmaker said Wednesday.

But the allegations ran into resistance from biased officials at the FBI and Justice Department, who led an effort to hinder probes into President Biden, his brother James Biden and his son Hunter Biden, said Sen. Charles E. Grassley, Iowa Republican.

The senator also said he has found out that the FBI had information as far back as October 2020 that contradicted then-candidate Joe Biden’s claims that he wasn’t aware of Hunter Biden’s business dealings.

"said Sen Chuck Grassley"....devastating stuff man

Is the FBI disputing this? You'd think that if this wasn't true, the FBI would come out and say so. 

well fuck no they won't...you think they put out statements for every fucked up thing someone says about the FBI? Plus...if there is any sort of investigation they won't say anything anyway.

Watch real news.

The Juggler

JB16057 said:

The Juggler said:

JB16057 said:

The Juggler said:

JB16057 said:

The Juggler said:

mrussel1 said:

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.investopedia.com/can-t-pay-your-bills-now-what-5179654

Approximately 61% of Americans live paycheck to paycheck, according to an April 2023 report.

Sure.  Now show me a 20 year trend on the same statement.  Do you really draw conclusions off one data point?

He's drawing conclusions on random google searches. What do you think?

I don't see anyone proving me wrong with facts. Do you have some research you want to share? 

What point do you think you are making? Please answer without googling. 

What point do you think you are making? You aren't providing any information, just bullshit. 

I answered your initial question on the previous page. Scroll back through all your random links to find it. 

No, you gave your opinion. Not factual information. 

You asked a question and I answered it without a random google search...because I know the subject matter.

Gern Blansten

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.cnn.com/2023/08/03/politics/cnn-poll-economic-pessimism-joe-biden/index.html#:~:text=Despite%20months%20of%20increasingly%20positive,to%20a%20new%20CNN%20poll.

Despite months of increasingly positive economic indicators, the American public remains negative about the state of the nation’s economy, with 51% saying they think the economy is still in a downturn and getting worse, according to a new CNN poll.

just because 51% "think" it's in a downturn is meaningless....of course if you ask any of you who only watch OAN, Newsmax, InfoWars, etc., you'll think that.

Halifax2TheMax

JB16057 said:

Halifax2TheMax said:

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.cnn.com/2023/08/03/politics/cnn-poll-economic-pessimism-joe-biden/index.html#:~:text=Despite%20months%20of%20increasingly%20positive,to%20a%20new%20CNN%20poll.

Despite months of increasingly positive economic indicators, the American public remains negative about the state of the nation’s economy, with 51% saying they think the economy is still in a downturn and getting worse, according to a new CNN poll.

Now CNN polls are to be trusted? C'mon, man!

Where are your facts?

On what?

mrussel1

JB16057 said:

mrussel1 said:

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.investopedia.com/can-t-pay-your-bills-now-what-5179654

Approximately 61% of Americans live paycheck to paycheck, according to an April 2023 report.

Sure.  Now show me a 20 year trend on the same statement.  Do you really draw conclusions off one data point?

How about you show me a 20 year trend? 

Everyone here can't admit the economy is fucked. You all believe what you're told but look around. If the economy is doing so well, why do we have an all time high record amount of credit card debt? Do you not understand how bad that is or just too ignorant to admit that the cost of living keeps going up yet the government keeps telling how the economy is booming. Use some common sense. Americans are struggling to pay their bills and using credit card to do so. This bubble will burst. 

https://www.bankrate.com/finance/credit-cards/credit-card-debt-reaches-all-time-high/

• Nearly 50% of cardholders carry debt from month-to-month, up from 39% in 2021.

Seriously dude, don't start arguing credit and credit cards with me.  The credit debt has a lot of factors that are not just connected to inflation.  Prior to the current record numbers, you had close to a decade of significant credit tightening based on the TARP rules that bled into reserve requirements for the lenders.  Because of the significant increase in the reserves required for anticipated losses based on vintage numbers, large banks reduced their lending into the sub and mid prime markets.  Secondly, the CARD Act and subsequent CFPB rule making reduced the max fees that banks could charge upfront to risky consumers.  This led to a general de-leveraging of credit in the macro economy as large national banks exited sub prime lending.  Fast forward 2018, Basil III requirements were released which again changed the reserve structure for banks.  It enabled them to loosen up the underwriting and that started in 2019.  By early 2020, banks were preparing for a dramatic rise in credit losses.  Bank of America, as an example added 700 internal collectors in NC and DE to prepare.  But then the gov't stimulus occurred along with the forbearance allowance for student loans.  BOA literally released them all without ever making one phone call. That created a massive de-leverage situation.  Look it up, you'll see it in the 2020-2022 numbers.  But then stimulus and PPP ends, and now the savings rates have tanked, while credit card has risen.  
Of course inflation plays a part.  But inflation is world wide, not just the US.  But seriously, don't throw out half baked statements like you do.  This is what I do and have done for 25 years.  

Regarding your paycheck to paycheck comment, don't throw out random comment and then expect me to prove the trendline.  It's your fucking argument.  Make it, and make it bullet proof.  If you can't, then don't make the argument.  At least be an adult about what you put forth.  I don't throw anything out there that is half baked.  And I was an analyst by training.  I'm not stupid enough to be gas lighted with one data point.  

JB16057

Gern Blansten said:

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.cnn.com/2023/08/03/politics/cnn-poll-economic-pessimism-joe-biden/index.html#:~:text=Despite%20months%20of%20increasingly%20positive,to%20a%20new%20CNN%20poll.

Despite months of increasingly positive economic indicators, the American public remains negative about the state of the nation’s economy, with 51% saying they think the economy is still in a downturn and getting worse, according to a new CNN poll.

just because 51% "think" it's in a downturn is meaningless....of course if you ask any of you who only watch OAN, Newsmax, InfoWars, etc., you'll think that.

If the economy is booming and inflation is dropping, why are day to day expenses still so high?

Gern Blansten

JB16057 said:

Gern Blansten said:

JB16057 said:

mrussel1 said:

JB16057 said:

Merkin Baller said:

Gern Blansten said:

https://twitter.com/byHeatherLong/status/1717519421466448075

“We were told a recession was coming.  Now the economy is booming.  Another broken Biden promise.”

That's great that the economy is "booming" but how do you explain that many American families are struggling to pay their month to month bills? 

Since when is that new? Did you just learn about lower middle class people? Do you really think no one struggled during Trump years? 

https://www.cnn.com/2023/08/03/politics/cnn-poll-economic-pessimism-joe-biden/index.html#:~:text=Despite%20months%20of%20increasingly%20positive,to%20a%20new%20CNN%20poll.

Despite months of increasingly positive economic indicators, the American public remains negative about the state of the nation’s economy, with 51% saying they think the economy is still in a downturn and getting worse, according to a new CNN poll.

just because 51% "think" it's in a downturn is meaningless....of course if you ask any of you who only watch OAN, Newsmax, InfoWars, etc., you'll think that.

If the economy is booming and inflation is dropping, why are day to day expenses still so high?

Christ man...prices are high because the economy is hot...demand is higher than supply