#46 President Joe Biden

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  • mrussel1mrussel1 Posts: 29,676
    JB16057 said:
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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?

    Let's try another thought experiment.  Answer these two questions:

    1. What is the most effective legislation this House has passed to combat inflation?  What is the name of the law?
    2. What more can the GOP do to combat inflation, other than the answer to #1 which must not be working?

    In other words, tell us the GOP actions to date to combat inflation, and what more will they do now that the Speaker is in order. 
  • The JugglerThe Juggler Posts: 48,908
    JB16057 said:
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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
    maga!
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  • mrussel1 said:
    JB16057 said:
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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?

    Let's try another thought experiment.  Answer these two questions:

    1. What is the most effective legislation this House has passed to combat inflation?  What is the name of the law?
    2. What more can the GOP do to combat inflation, other than the answer to #1 which must not be working?

    In other words, tell us the GOP actions to date to combat inflation, and what more will they do now that the Speaker is in order. 
    Do your own research, man!
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  • JB16057JB16057 Posts: 1,269
    mrussel1 said:
    JB16057 said:
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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?

    Let's try another thought experiment.  Answer these two questions:

    1. What is the most effective legislation this House has passed to combat inflation?  What is the name of the law?
    2. What more can the GOP do to combat inflation, other than the answer to #1 which must not be working?

    In other words, tell us the GOP actions to date to combat inflation, and what more will they do now that the Speaker is in order. 
    You answered my question with questions. Way to go. 
  • JB16057JB16057 Posts: 1,269
    JB16057 said:
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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
    And how is this good for America? We are on a downward spiral with Bidenomics. 
  • mrussel1mrussel1 Posts: 29,676
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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?

    Let's try another thought experiment.  Answer these two questions:

    1. What is the most effective legislation this House has passed to combat inflation?  What is the name of the law?
    2. What more can the GOP do to combat inflation, other than the answer to #1 which must not be working?

    In other words, tell us the GOP actions to date to combat inflation, and what more will they do now that the Speaker is in order. 
    You answered my question with questions. Way to go. 
    The answer is nothing... the House GOP has done nothing.  And the reason is that they know there is not much you can do about inflation other than what the Fed is doing.  It's not just macro, it's world-wide macro. 
  • Gern BlanstenGern Blansten Posts: 20,292
    JB16057 said:
    JB16057 said:
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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
    And how is this good for America? We are on a downward spiral with Bidenomics. 
    wow...a sure sign that you slept through Econ101
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

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  • Gern BlanstenGern Blansten Posts: 20,292
    mrussel1 said:
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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?

    Let's try another thought experiment.  Answer these two questions:

    1. What is the most effective legislation this House has passed to combat inflation?  What is the name of the law?
    2. What more can the GOP do to combat inflation, other than the answer to #1 which must not be working?

    In other words, tell us the GOP actions to date to combat inflation, and what more will they do now that the Speaker is in order. 
    You answered my question with questions. Way to go. 
    The answer is nothing... the House GOP has done nothing.  And the reason is that they know there is not much you can do about inflation other than what the Fed is doing.  It's not just macro, it's world-wide macro. 
    Exactly...is Biden responsible for inflation in every other country or just the USA?
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

    1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
    2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
    2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
    2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
    2020: Oakland, Oakland:  2021: EV Ohana, Ohana, Ohana, Ohana
    2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
    2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana
  • josevolutionjosevolution Posts: 29,571
    So if the economy does so well under republicans administration and majority in Congress wouldn’t they just keep winning all the elections? 
    jesus greets me looks just like me ....
  • JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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.
    interesting. I love how conservatives, all over the world, like to claim that inflation is only affected in their country (if their leader is liberal). 
    new album "Cigarettes" out Spring 2025!

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  • The JugglerThe Juggler Posts: 48,908
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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.
    interesting. I love how conservatives, all over the world, like to claim that inflation is only affected in their country (if their leader is liberal). 
    They know their base constituents will not bother to look at the issue with any sliver of objectivity or even curiosity....as evidenced here, this afternoon. 
    www.myspace.com
  • JB16057 said:
    “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 they are broke?
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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.
    dude, this is NOT new. 
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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.
    could it be that 51% of the americans are gaslit into thinking everything is terrible by right wind media and disinformation on twitter?
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • mrussel1 said:
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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?

    Let's try another thought experiment.  Answer these two questions:

    1. What is the most effective legislation this House has passed to combat inflation?  What is the name of the law?
    2. What more can the GOP do to combat inflation, other than the answer to #1 which must not be working?

    In other words, tell us the GOP actions to date to combat inflation, and what more will they do now that the Speaker is in order. 
    You answered my question with questions. Way to go. 
    The answer is nothing... the House GOP has done nothing.  And the reason is that they know there is not much you can do about inflation other than what the Fed is doing.  It's not just macro, it's world-wide macro. 
    to be fair, they are doing what they always do. hamstring the democrats and turn everything to shit so the sheep will vote red so they can seize power, and again do nothing.
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • static111static111 Posts: 4,889
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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.

    I think the Economy is fucked.  Prices keep going up at a rate higher than the income of my family and friends.  That's really the only data point I care about.  However, that would never be enough to sway me to voting for right wing policies.  Most of the current inflation is due to making sure to increase corpoate profits.  I'm sure they use all of the data available to see just how they can wring another $.29 out of every item.  Still though that has nothing to do with Biden and Democrats.  Historically tax cuts for the rich and tax write offs, tax incentives for business have been the modus operandi of the right wing governments.  The thing is that whenever the right gets in the drivers seat less and less seems to trickle down.
    Scio me nihil scire

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  • mickeyratmickeyrat Posts: 38,605
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    JB16057 said:
    mrussel1 said:
    JB16057 said:
    “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?

    Let's try another thought experiment.  Answer these two questions:

    1. What is the most effective legislation this House has passed to combat inflation?  What is the name of the law?
    2. What more can the GOP do to combat inflation, other than the answer to #1 which must not be working?

    In other words, tell us the GOP actions to date to combat inflation, and what more will they do now that the Speaker is in order. 
    You answered my question with questions. Way to go. 

    see previous post to this one. he answered you question and then some.
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  • mace1229mace1229 Posts: 9,367
    I found the last page funny. JB made some claims, was asked to provide evidence. He does, then is poked fun at for using Google search and for being conservative while citing CNN.
    But as far as the economy, it just defines how you define a strong economy. If your metrics are employment and wages, then it looks good. Employment is way down, wages are up.
    But if you consider other factors, it doesn't look as good. More Americans are living paycheck to paycheck, many of the raises haven't kept up with the record inflation we had last year. More Americans can't afford to buy a home. Workers will not be able to afford to retire until later.
    It seems to me the upper class has done well, the lower-middle class hasn't; and the gap has gotten wider.
    The housing is insane. If you don't own a house now, I don't see how you ever will unless you inherit one or come from an upper class family. Houses that sold for 200k 5 years ago are now selling for 500k, with 3 times the interest rate. 
  • Gern BlanstenGern Blansten Posts: 20,292
    edited October 2023
    mace1229 said:
    I found the last page funny. JB made some claims, was asked to provide evidence. He does, then is poked fun at for using Google search and for being conservative while citing CNN.
    But as far as the economy, it just defines how you define a strong economy. If your metrics are employment and wages, then it looks good. Employment is way down, wages are up.
    But if you consider other factors, it doesn't look as good. More Americans are living paycheck to paycheck, many of the raises haven't kept up with the record inflation we had last year. More Americans can't afford to buy a home. Workers will not be able to afford to retire until later.
    It seems to me the upper class has done well, the lower-middle class hasn't; and the gap has gotten wider.
    The housing is insane. If you don't own a house now, I don't see how you ever will unless you inherit one or come from an upper class family. Houses that sold for 200k 5 years ago are now selling for 500k, with 3 times the interest rate. 
    Can you please mention the evidence that was provided by JB? Are you talking about the Washington Times link? If so...

    And yes this economy is great for the upper middle and upper class. Just like always. But the GOP doesn't want to do anything about the lower class because that is socialism.

    The numbers are good...definitely worth bragging about when Fox/OAN are throwing out doom and gloom all the time. Our local Wendy's has been advertising $15/hour for weeks so there are jobs for the lower class around here at least. And I'm in red meat Indiana.

    Post edited by Gern Blansten on
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

    1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
    2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
    2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
    2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
    2020: Oakland, Oakland:  2021: EV Ohana, Ohana, Ohana, Ohana
    2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
    2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana
  • mrussel1mrussel1 Posts: 29,676
    mace1229 said:
    I found the last page funny. JB made some claims, was asked to provide evidence. He does, then is poked fun at for using Google search and for being conservative while citing CNN.
    But as far as the economy, it just defines how you define a strong economy. If your metrics are employment and wages, then it looks good. Employment is way down, wages are up.
    But if you consider other factors, it doesn't look as good. More Americans are living paycheck to paycheck, many of the raises haven't kept up with the record inflation we had last year. More Americans can't afford to buy a home. Workers will not be able to afford to retire until later.
    It seems to me the upper class has done well, the lower-middle class hasn't; and the gap has gotten wider.
    The housing is insane. If you don't own a house now, I don't see how you ever will unless you inherit one or come from an upper class family. Houses that sold for 200k 5 years ago are now selling for 500k, with 3 times the interest rate. 
    One data point is not evidence.  We all know that too many Americans live paycheck to paycheck.  But that's been the story for years.  Show the trendline over 20 years.  Were things really good until 2021 and now suddenly 10% of the population living P2P jumps from 10 to 50%?  I would seriously doubt it.  We're all capable of applying critical thinking.  Second, if you are going to criticize the president for that situation, then presumably there are legislative ways out of it that he isn't taking.  Well what are they?  What has the GOP led House done to abate inflation?  Do you know?
  • mace1229mace1229 Posts: 9,367
    mrussel1 said:
    mace1229 said:
    I found the last page funny. JB made some claims, was asked to provide evidence. He does, then is poked fun at for using Google search and for being conservative while citing CNN.
    But as far as the economy, it just defines how you define a strong economy. If your metrics are employment and wages, then it looks good. Employment is way down, wages are up.
    But if you consider other factors, it doesn't look as good. More Americans are living paycheck to paycheck, many of the raises haven't kept up with the record inflation we had last year. More Americans can't afford to buy a home. Workers will not be able to afford to retire until later.
    It seems to me the upper class has done well, the lower-middle class hasn't; and the gap has gotten wider.
    The housing is insane. If you don't own a house now, I don't see how you ever will unless you inherit one or come from an upper class family. Houses that sold for 200k 5 years ago are now selling for 500k, with 3 times the interest rate. 
    One data point is not evidence.  We all know that too many Americans live paycheck to paycheck.  But that's been the story for years.  Show the trendline over 20 years.  Were things really good until 2021 and now suddenly 10% of the population living P2P jumps from 10 to 50%?  I would seriously doubt it.  We're all capable of applying critical thinking.  Second, if you are going to criticize the president for that situation, then presumably there are legislative ways out of it that he isn't taking.  Well what are they?  What has the GOP led House done to abate inflation?  Do you know?
    I couldn't find anything that showed for the last 20 years. But every source I saw cited it increasing anywhere from 2% to 10% in just the last year.
    This one claims 6%. I'm not familiar with this source, so can't comment on them specifically, but was right in the middle of what I've been seeing.
    https://www.prnewswire.com/news-releases/survey-reveals-six-percent-increase-in-americans-living-paycheck-to-paycheck-in-just-one-year-301928853.html
  • Gern BlanstenGern Blansten Posts: 20,292
    mace1229 said:
    mrussel1 said:
    mace1229 said:
    I found the last page funny. JB made some claims, was asked to provide evidence. He does, then is poked fun at for using Google search and for being conservative while citing CNN.
    But as far as the economy, it just defines how you define a strong economy. If your metrics are employment and wages, then it looks good. Employment is way down, wages are up.
    But if you consider other factors, it doesn't look as good. More Americans are living paycheck to paycheck, many of the raises haven't kept up with the record inflation we had last year. More Americans can't afford to buy a home. Workers will not be able to afford to retire until later.
    It seems to me the upper class has done well, the lower-middle class hasn't; and the gap has gotten wider.
    The housing is insane. If you don't own a house now, I don't see how you ever will unless you inherit one or come from an upper class family. Houses that sold for 200k 5 years ago are now selling for 500k, with 3 times the interest rate. 
    One data point is not evidence.  We all know that too many Americans live paycheck to paycheck.  But that's been the story for years.  Show the trendline over 20 years.  Were things really good until 2021 and now suddenly 10% of the population living P2P jumps from 10 to 50%?  I would seriously doubt it.  We're all capable of applying critical thinking.  Second, if you are going to criticize the president for that situation, then presumably there are legislative ways out of it that he isn't taking.  Well what are they?  What has the GOP led House done to abate inflation?  Do you know?
    I couldn't find anything that showed for the last 20 years. But every source I saw cited it increasing anywhere from 2% to 10% in just the last year.
    This one claims 6%. I'm not familiar with this source, so can't comment on them specifically, but was right in the middle of what I've been seeing.
    https://www.prnewswire.com/news-releases/survey-reveals-six-percent-increase-in-americans-living-paycheck-to-paycheck-in-just-one-year-301928853.html
    Do you support increasing the minimum wage?
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

    1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
    2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
    2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
    2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
    2020: Oakland, Oakland:  2021: EV Ohana, Ohana, Ohana, Ohana
    2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
    2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana
  • mickeyratmickeyrat Posts: 38,605
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • mickeyratmickeyrat Posts: 38,605
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • The JugglerThe Juggler Posts: 48,908
    edited October 2023
    mace1229 said:
    I found the last page funny. JB made some claims, was asked to provide evidence. He does, then is poked fun at for using Google search and for being conservative while citing CNN.
    But as far as the economy, it just defines how you define a strong economy. If your metrics are employment and wages, then it looks good. Employment is way down, wages are up.
    But if you consider other factors, it doesn't look as good. More Americans are living paycheck to paycheck, many of the raises haven't kept up with the record inflation we had last year. More Americans can't afford to buy a home. Workers will not be able to afford to retire until later.
    It seems to me the upper class has done well, the lower-middle class hasn't; and the gap has gotten wider.
    The housing is insane. If you don't own a house now, I don't see how you ever will unless you inherit one or come from an upper class family. Houses that sold for 200k 5 years ago are now selling for 500k, with 3 times the interest rate. 
    What?
    He started off by asking questions and then either ignored the answers or didn't like the answers...hence his random google searches.
    www.myspace.com
  • mace1229mace1229 Posts: 9,367
    But paycheck to paycheck was just one point. Housing is crazy. Houses have doubled in 5 years, causing rent to go up as well. Interest rates have been way up in the last year. Inflation was way up. Cost of cars are way up. I read an article a few months ago that because more people can't afford new cars, the used market has gone way up and people are driving older cars much longer. Which makes repairs and maintenance more costly because auto shops are slammed try to keep older cars running longer than before. Good if you're a mechanic, bad if you're everyone else.  It shouldn't be a surprise that more Americans are finding it harder to live on what they make compared to a few years ago.
  • The JugglerThe Juggler Posts: 48,908
    mace1229 said:
    But paycheck to paycheck was just one point. Housing is crazy. Houses have doubled in 5 years, causing rent to go up as well. Interest rates have been way up in the last year. Inflation was way up. Cost of cars are way up. I read an article a few months ago that because more people can't afford new cars, the used market has gone way up and people are driving older cars much longer. Which makes repairs and maintenance more costly because auto shops are slammed try to keep older cars running longer than before. Good if you're a mechanic, bad if you're everyone else.  It shouldn't be a surprise that more Americans are finding it harder to live on what they make compared to a few years ago.
    He was given answers, by multiple people, for the reason these things are happening. He just wasn't happy that the answer wasn't "Joe Biden."
    www.myspace.com
  • Gern BlanstenGern Blansten Posts: 20,292
    mace1229 said:
    But paycheck to paycheck was just one point. Housing is crazy. Houses have doubled in 5 years, causing rent to go up as well. Interest rates have been way up in the last year. Inflation was way up. Cost of cars are way up. I read an article a few months ago that because more people can't afford new cars, the used market has gone way up and people are driving older cars much longer. Which makes repairs and maintenance more costly because auto shops are slammed try to keep older cars running longer than before. Good if you're a mechanic, bad if you're everyone else.  It shouldn't be a surprise that more Americans are finding it harder to live on what they make compared to a few years ago.
    There are upper class people that live paycheck to paycheck you know? Some people just are not good with money whether they make $25K/year or $250K/year. 

    You wouldn't believe how many people I see that make $250-$400K and have no investment income whatsoever.
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

    1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
    2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
    2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
    2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
    2020: Oakland, Oakland:  2021: EV Ohana, Ohana, Ohana, Ohana
    2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
    2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana
  • josevolutionjosevolution Posts: 29,571
    Well Trumpolinni did pass that great tax break package that is supposed to trickle down to middle class has it? 
    jesus greets me looks just like me ....
  • Gern BlanstenGern Blansten Posts: 20,292
    edited October 2023
    mace1229 said:
    But paycheck to paycheck was just one point. Housing is crazy. Houses have doubled in 5 years, causing rent to go up as well. Interest rates have been way up in the last year. Inflation was way up. Cost of cars are way up. I read an article a few months ago that because more people can't afford new cars, the used market has gone way up and people are driving older cars much longer. Which makes repairs and maintenance more costly because auto shops are slammed try to keep older cars running longer than before. Good if you're a mechanic, bad if you're everyone else.  It shouldn't be a surprise that more Americans are finding it harder to live on what they make compared to a few years ago.
    Another sign of a hot economy. Mechanics are doing great. I used to be able to call my mechanic and get my truck in for maintenance/repair within 1-2 days. Now it's like 10 days. Their prices have increased because of supply and demand. 

    Our economy ebbs and flows. Gas prices will decrease, food costs will decrease....and at the same time our economy will slow down. Then the GOP will scream about that. But again....they offer NO LEGISLATION to fix anything that they complain about.
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

    1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
    2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
    2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
    2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
    2020: Oakland, Oakland:  2021: EV Ohana, Ohana, Ohana, Ohana
    2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
    2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana
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