How is that Inflation Reduction Act……

[Eastmandawg]

It’s a character builder, maybe the best one. I have known hard working, honest, dignified poor.

Don’t think I have told this story on here before, but here it goes:

At the start of my life, I was born into a middle class family and lived that way until I was about 12 years of age. My Mom and Dad got divorced. That left my Mom (God rest her soul) to raise 2 boys. Our lifestyles changed very quickly, things were turned upside down.

We ended up moving to another town. The only place we could afford at the time were the “white” housing projects. Things were tough back then.

My Mom became a waitress and saved until we could get out and into a better place. She busted her butt, which I am very thankful for.

We stayed in the projects for about 3 years, what an education/experience.

A trailer park back then would have been an improvement over the housing projects. The change was definitely an eye opener for me/us compared to where we were.

I know what it’s like to be poor and think everybody should be that way at least once in their lifetime.You definitely learn a lot.

I say all of this with pride and not embarrassment. I wouldn’t change anything if I could, it made me who I am today. It certainly teaches you some values & life lessons.

I’ve told this before & will tell it again.

My parents couldn’t afford to send me to college, I was obviously on my own back then. So I worked and sent myself through. It took about 6 years, but I did it without any help or loans.

As you already know, we have now sent two girls through college (the last one finishes in a few months)………and did so without any loans I am proud to say.

I am lucky to be where I am today, but sometimes you make your own luck….it was probably a combination of both for me.

So again, I do understand both sides of the fence…….you’re a good man.

 

[Athens is Heaven]

Private manufacturing construction spending is off the charts: https://fred.stlouisfed.org/series/TLMFGCONS

Insulin has been capped at $35 a month for everyone

Free vaccines for Medicare patients

Since the IRA was passed, the US battery production capacity pipeline has experienced growth rates higher than Europe and even China; both Volkswagen and Northvolt put their European plans on hold this year to pursue US alternatives.

Since its passing, the private sector has announced more than $110 billion in new clean energy manufacturing investments, including more than $70 billion in the electric vehicle (EV) supply chain and more than $10 billion in solar manufacturing.

Hold times at the IRS are down from 28 minutes to 3 minutes...and then this:

Also:

View embedded media

La! La! La! Land!

 

[Athens is Heaven]

I agree that the RATE of inflation has come down. You should explain how great things are to a family having to choose between food and gas. The impact of inflation is cumulative. It will be felt by working class families until wages catch up, and of course rising wages are inflationary.

Inflation is outpacing real wages now.

 

[Athens is Heaven]

Don’t think I have told this story on here before, but here it goes:

At the start of my life, I was born into a middle class family and lived that way until I was about 12 years of age. My Mom and Dad got divorced. That left my Mom (God rest her soul) to raise 2 boys. Our lifestyles changed very quickly, things were turned upside down.

We ended up moving to another town. The only place we could afford at the time were the “white” housing projects. Things were tough back then.

My Mom became a waitress and saved until we could get out and into a better place. She busted her butt, which I am very thankful for.

We stayed in the projects for about 3 years, what an education/experience.

A trailer park back then would have been an improvement over the housing projects. The change was definitely an eye opener for me/us compared to where we were.

I know what it’s like to be poor and think everybody should be that way at least once in their lifetime.You definitely learn a lot.

I say all of this with pride and not embarrassment. I wouldn’t change anything if I could, it made me who I am today. It certainly teaches you some values & life lessons.

I’ve told this before & will tell it again.

My parents couldn’t afford to send me to college, I was obviously on my own back then. So I worked and sent myself through. It took about 6 years, but I did it without any help or loans.

As you already know, we have now sent two girls through college (the last one finishes in a few months)………and did so without any loans I am proud to say.

I am lucky to be where I am today, but sometimes you make your own luck….it was probably a combination of both for me.

So again, I do understand both sides of the fence.

Same as you my Dad passed when I was 8 and my Mom had to go to work. This was during WW2 I stayed with my older sisters during the summer so I would have someone to look after me while she worked. Had my first job at 11 years old a paper route. I worked and went to school and made it through 1 year college and finally finished tech school. Helped send my son through college and and he also worked. He is currently doing consulting for Ga Power on construction of the new nuclear power plants at Volkel. He retired from Ga. Power as the Radiation Protection Manager and they hired him as a consultant after that. He has sent 2 children through UGA. Ones a Speech Therapist and the other is a Doctor. So I am proud of all my family. I guess you could say I was pulled up by my boot straps instead of being raised but I think I turned out OK.

 

[cherrydawg]

I owned a 50-unit weekly-rent trailer park in Cedartown for 8 years. There’s not a lot you can tell me about the working poor and I can assure you my tenants did not eat out. And none of them had TV service or new iphones. It seems you really have no idea how people are living. HBO…..what a joke.

My units… I owned them all…. turned over an average of every six weeks. The park stayed full so that’s roughly nine tenants per unit per year times 50 units times 8 years. That’s a lot of poor folks. Most were crackheads, many on questionable disability, many on legitimate disability, and many were working trying to keep their heads above water. And this was before the three years of Bidenflation.

You might try softening your heart and get out more to see what’s out there. People are suffering and it’s not because they’re terrible with their money. Many times it’s because they aren’t very smart and have been kicked in the teeth more times than you could count. I find your post incredibly naive. You might have these conversations every day, but you and your fellow conversationalists really don’t know what you’re talking about. People eating out a lot with cable, internet, 1000 channels, and new iPhones are most definitely NOT the people most affected by this three-year string of inflation. The people hurt the most have nothing to cut. Their kids put water on their cereal.

and a lot of them probably vote dim because they promise everything for free. Obama did away with the requirement to work for the able bodied to receive benefits. What a socialist idiot.

 

[cherrydawg]

Yes....clearly I'm the one off base.

I dont think "crackheads can't survive joe-flation" is the argument you think it is...

Yes you are.

 

[Eastmandawg]

Same as you my Dad passed when I was 8 and my Mom had to go to work. This was during WW2 I stayed with my older sisters during the summer so I would have someone to look after me while she worked. Had my first job at 11 years old a paper route. I worked and went to school and made it through 1 year college and finally finished tech school. Helped send my son through college and and he also worked. He is currently doing consulting for Ga Power on construction of the new nuclear power plants at Volkel. He retired from Ga. Power as the Radiation Protection Manager and they hired him as a consultant after that. He has sent 2 children through UGA. Ones a Speech Therapist and the other is a Doctor. So I am proud of all my family. I guess you could say I was pulled up by my boot straps instead of being raised but I think I turned out OK.

You have a lot to be proud of.

 

[Athens is Heaven]

You have a lot to be proud of.

I thank my Lord for blessing me and my family everyday.

 

[deadduckdawg]

Don’t think I have told this story on here before, but here it goes:

At the start of my life, I was born into a middle class family and lived that way until I was about 12 years of age. My Mom and Dad got divorced. That left my Mom (God rest her soul) to raise 2 boys. Our lifestyles changed very quickly, things were turned upside down.

We ended up moving to another town. The only place we could afford at the time were the “white” housing projects. Things were tough back then.

My Mom became a waitress and saved until we could get out and into a better place. She busted her butt, which I am very thankful for.

We stayed in the projects for about 3 years, what an education/experience.

A trailer park back then would have been an improvement over the housing projects. The change was definitely an eye opener for me/us compared to where we were.

I know what it’s like to be poor and think everybody should be that way at least once in their lifetime.You definitely learn a lot.

I say all of this with pride and not embarrassment. I wouldn’t change anything if I could, it made me who I am today. It certainly teaches you some values & life lessons.

I’ve told this before & will tell it again.

My parents couldn’t afford to send me to college, I was obviously on my own back then. So I worked and sent myself through. It took about 6 years, but I did it without any help or loans.

As you already know, we have now sent two girls through college (the last one finishes in a few months)………and did so without any loans I am proud to say.

I am lucky to be where I am today, but sometimes you make your own luck….it was probably a combination of both for me.

So again, I do understand both sides of the fence…….you’re a good man.

That’s wonderful. And if you’ve never been there, you can at least try to understand it’s not so simple as “they don’t know how to manage money”, or “they’re eating out too much”, etc. Circumstances are complicated and digging out of a real hole requires herculean strength and willpower. That’s why I despise these weeny bureaucrats who have put so many people in a hole for no reason but their power grab. It’s just damned evil.

 

[deadduckdawg]

Same as you my Dad passed when I was 8 and my Mom had to go to work. This was during WW2 I stayed with my older sisters during the summer so I would have someone to look after me while she worked. Had my first job at 11 years old a paper route. I worked and went to school and made it through 1 year college and finally finished tech school. Helped send my son through college and and he also worked. He is currently doing consulting for Ga Power on construction of the new nuclear power plants at Volkel. He retired from Ga. Power as the Radiation Protection Manager and they hired him as a consultant after that. He has sent 2 children through UGA. Ones a Speech Therapist and the other is a Doctor. So I am proud of all my family. I guess you could say I was pulled up by my boot straps instead of being raised but I think I turned out OK.

And that’s wonderful, too.

 

[stray]

When the Saudi's close their Port Arthur Texas refinery prices will rise. The plant will need some "cleanup" around August.

Regular turn arounds at refineries are normal and necessary, but we all appreciate your attempt at a conspiracy theory.
Of course, they wouldn’t have that kind of influence if the Dems hadn’t strangled oil drilling and prevented the building of more refineries to increase capacity.

 

[zingerdawg]

Yes....clearly I'm the one off base.

I dont think "crackheads can't survive joe-flation" is the argument you think it is...

Yes. People are bad with money. That is true before inflation hit. You act like this is a new thing. Some of what you describe is true. But it is disingenuous to think this is the real problem. I see people managing their money just fine struggling. They are making more money, but what they are making now is still no where near enough. I have a family of six. It is 1500 a month different on my budget. I am fortunate I have enough to cover this, but in two years time this happened. Most people don’t. They have cut back. They are trying everything they can to stay afloat. To wait it out. We have the most credit card debt ever as a nation. And the car note defaults are at an all time high. When a first year teacher with a masters degree can’t get close to making ends meet with normal bills. No streaming. No phone bill. I pay that. Making 43000 a year. There is an issue. Studio apartment. Not high end. Car payment 340 dollars. She is 600-800 short. And that is with a coaching stipend. I paid for any hair, nails and makeup. I also paid her car insurance. Only way to even come close is to live in a dangerous area or take on roommates. She is now going to do this, but if someone with a masters degree has to do this in Athens. How bad do you think it is for the every day person. Or do you really think it is just bad money management.

Same apartment she moved out of last year is 200 a month higher a year later. That is a fact. What is being reported just isn’t factual. It is 30-100 percent higher for normal goods than in 2020 as a whole. The numbers are being manipulated. They just are. And like you, I see normal everyday folks everyday hanging on by a thread.

 

[zingerdawg]

My investment account is kicking ass and taking names.

When Trump was President, he mentioned 401K balances all the time, so if Trump was responsible for the market going up on his watch, it makes sense that Biden should get the credit for the current upturn.

I am not saying this is true. Just the politician way of responding which is funny to me. Trump says the market responded when they realized he is likely to be president again. lol. That’s funny to me. He is becoming a politician.

401k’s should be killing it. Who has more money right now. People with disposable income who can invest. Democrats are supposed to be anti rich bitch right? Who is benefitting the most from Joe’s policies. It damn sure isn’t the poor folks with the most credit card debt ever for our country or the ones massively defaulting on their car notes. They don’t have the money to invest. Glad your account is doing well while you keep pumping up the big guy.

 

[zingerdawg]

Same as you my Dad passed when I was 8 and my Mom had to go to work. This was during WW2 I stayed with my older sisters during the summer so I would have someone to look after me while she worked. Had my first job at 11 years old a paper route. I worked and went to school and made it through 1 year college and finally finished tech school. Helped send my son through college and and he also worked. He is currently doing consulting for Ga Power on construction of the new nuclear power plants at Volkel. He retired from Ga. Power as the Radiation Protection Manager and they hired him as a consultant after that. He has sent 2 children through UGA. Ones a Speech Therapist and the other is a Doctor. So I am proud of all my family. I guess you could say I was pulled up by my boot straps instead of being raised but I think I turned out OK.

Thank you for his post. And well done my friend!

 

[Eastmandawg]

Yes. People are bad with money. That is true before inflation hit. You act like this is a new thing. Some of what you describe is true. But it is disingenuous to think this is the real problem. I see people managing their money just fine struggling. They are making more money, but what they are making now is still no where near enough. I have a family of six. It is 1500 a month different on my budget. I am fortunate I have enough to cover this, but in two years time this happened. Most people don’t. They have cut back. They are trying everything they can to stay afloat. To wait it out. We have the most credit card debt ever as a nation. And the car note defaults are at an all time high. When a first year teacher with a masters degree can’t get close to making ends meet with normal bills. No streaming. No phone bill. I pay that. Making 43000 a year. There is an issue. Studio apartment. Not high end. Car payment 340 dollars. She is 600-800 short. And that is with a coaching stipend. I paid for any hair, nails and makeup. I also paid her car insurance. Only way to even come close is to live in a dangerous area or take on roommates. She is now going to do this, but if someone with a masters degree has to do this in Athens. How bad do you think it is for the every day person. Or do you really think it is just bad money management.

Same apartment she moved out of last year is 200 a month higher a year later. That is a fact. What is being reported just isn’t factual. It is 30-100 percent higher for normal goods in 2020 as a whole. The numbers are being manipulated. They just are. And like you, I see normal everyday folks everyday hanging on by a thread.

Same boat with oldest daughter. Got her MEd and in her 3rd year at a middle school. Have been helping out also.

Thinks teachers and law enforcement are both underpaid and underappreciated.

 

[zingerdawg]

Same boat with oldest daughter. Got her MEd and in her 3rd year at a middle school. Have been helping out also.

Thinks teachers and law enforcement are both underpaid and underappreciated.

Their salaries are government initiated. The inflation was too fast, and they are no where close to keeping the numbers straight. Like you I could go on a rant. But who wants to be a teacher, when you can’t even live normally starting out. She loved the kids. There are so many videos out there of kids our daughter’s age beginning to figure this out. I am not saying hard work and living hard isn’t good for you. And she shouldn’t be above it. I do feel her pain when she graduated with a masters degree in five years. Excellent grades. Busted her butt, and she doesn’t make enough with a good teaching job to make a normal life. With any to spare or not having to ask for help. No one is guaranteed anything, but I do feel for her. And my wallet.

 

[deadduckdawg]

Their salaries are government initiated. The inflation was too fast, and they are no where close to keeping the numbers straight. Like you I could go on a rant. But who wants to be a teacher, when you can’t even live normally starting out. She loved the kids. There are so many videos out there of kids our daughter’s age beginning to figure this out. I am not saying hard work and living hard isn’t good for you. And she shouldn’t be above it. I do feel her pain when she graduated with a masters degree in five years. Excellent grades. Busted her butt, and she doesn’t make enough with a good teaching job to make a normal life. With any to spare or not having to ask for help. No one is guaranteed anything, but I do feel for her. And my wallet.

You sort of have to be a two income household for one to be a teacher and live easily. My wife was a teacher in Cobb County for decades. She eventually got her doctorate and some other certifications that added to her salary. The pay gets pretty good after some years. I hope your daughter can hang in there. At the right school it can be tremendously rewarding. Especially if teaching the really smart ones or the challenged ones. The ones in the middle can be less rewarding. The best schools and the best kids are in the upper middle class areas. Some teachers are rewarded by trying to make a difference with the lower income kids and God love them.

 

[jlstone412]

Yes. People are bad with money. That is true before inflation hit. You act like this is a new thing. Some of what you describe is true. But it is disingenuous to think this is the real problem. I see people managing their money just fine struggling. They are making more money, but what they are making now is still no where near enough. I have a family of six. It is 1500 a month different on my budget. I am fortunate I have enough to cover this, but in two years time this happened. Most people don’t. They have cut back. They are trying everything they can to stay afloat. To wait it out. We have the most credit card debt ever as a nation. And the car note defaults are at an all time high. When a first year teacher with a masters degree can’t get close to making ends meet with normal bills. No streaming. No phone bill. I pay that. Making 43000 a year. There is an issue. Studio apartment. Not high end. Car payment 340 dollars. She is 600-800 short. And that is with a coaching stipend. I paid for any hair, nails and makeup. I also paid her car insurance. Only way to even come close is to live in a dangerous area or take on roommates. She is now going to do this, but if someone with a masters degree has to do this in Athens. How bad do you think it is for the every day person. Or do you really think it is just bad money management.

No...I don't think it's just bad money management and agree it would be disingenuous to say so which is why I qualified it ("some, not all"). I see people doing just fine who are making terrible financial decisions. But i would say an inflationary environment can compound the problem if you are bad with your money; and I have seen that up close and personal. Is that annectodal? Maybe, but all of our examples appear to be.

You might be surprised at the subset of our population that cannot balance a checkbook or don't understand basic concepts like "if you spend more than you make you will have no money". We have done a poor job educating our country on personal finance and financial literacy. It's astounding.

I dont disagree that some people from many different classes are struggling from inflation and I was not implying that they are not; sorry if it came across that way. I know many that are. But it is true that some are behind the 8-ball because of bad spending decisions + inflation....and they can/could have controlled their spending (bad decisions; I know some really smart people in this boat). Then there are others that are struggling just due to inflation alone. Just like there are some that are doing just fine. Just like there are some who would struggle in any environment. They are all true statements as evidenced in this thread.

On my point from my post about eating out, I would say that eating at a restaurant should be considered a luxury at this point and not an everyday occurrence as I see some families do (I honestly don't know how they do it). I have a really hard time justifying my family of 4 eating out more than once or twice a week, and that includes any fast food stop which is rare because those prices are insane too (that and the unhealthy aspect). Some weeks we just don't eat out. We cook most of our meals as we have found that's one of the best ways we can control our spending (and maintain our health, which in turn helps reduce medical costs; I have Crohn's). I typically have any leftovers for lunches. There's a trickle down effect...

On a personal note: I can relate to your daughters situation....came out of college on the tail end of the '08/09 financial crisis and all the uncertainty there. Scary times. It sucks when you start out with both hands tied behind your back and you need help; I hated asking my dad for help; HATED IT. I got 2 little girls and would do anything to help them get off to a good start. I applaud you sir. Let your daughter know: it does get better.

 

[SLC_Dawg]

Bottom line? It’s about money. When/if I hear Trump talk about cutting “entitlements” after saying he would touch SS the last time, I would be more likely to vote for Biden even though I detest the man. My wallet votes. Selfish? Tough shit.

 

[superdawg51]

The fact that Americans have suffered in all facets under Biden's Administration is not a fallacy. What are we suppose to do forget about that? FJB. The average investor hasn't recovered the gains made under Trump that were lost under Biden.

 

[dawgspecific]

Cool…….after 18% inflation thru 37 months, I hope you do not need to make an early withdrawal.

These people are politically ignorant. I guess you don't buy groceries, or pay car insurance, or buy gas where you are from. I have not gone into a grocery store and bought my whole list in several years. I break it up because of the dumbass in the Whitehouse ..

 

[dawgspecific]

The fact that Americans have suffered in all facets under Biden's Administration is not a fallacy. What are we suppose to do forget about that? FJB. The average investor hasn't recovered the gains made under Trump that were lost under Biden.

BINGO, I could not have said it any better!!!

 

[superdawg51]

Bottom line? It’s about money. When/if I hear Trump talk about cutting “entitlements” after saying he would touch SS the last time, I would be more likely to vote for Biden even though I detest the man. My wallet votes. Selfish? Tough shit.

I can only hope everyone will vote with their wallets. The inflation under Biden for "essentials" is up 18% under Biden since he took office. I commend you on your financial savvy but you are in the minority. Using your logic Trump should win in a landslide.

 

[jay5020]

The RATE of inflation has come down, but prices are still increasing every month and the cumulative effect of inflation since the idiots in charge took over is still very real and hurting American families in a bad way. If you government cheerleaders spent as much time worrying about what food and gas prices are doing to people as you spend looking for ways to justify the unnecessary spending policies contributing to inflation, you might be looked upon as both more believable and brighter. Not to mention more caring for the plight of fellow LEGAL citizens.

And what do you think the addition of 10 to 20 million new non-producing spenders will have on prices?

Prices remain high because corporations continue to rake in profits.....

 

[poorpreacher]

La! La! La! Land!

Yes. People are bad with money. That is true before inflation hit. You act like this is a new thing. Some of what you describe is true. But it is disingenuous to think this is the real problem. I see people managing their money just fine struggling. They are making more money, but what they are making now is still no where near enough. I have a family of six. It is 1500 a month different on my budget. I am fortunate I have enough to cover this, but in two years time this happened. Most people don’t. They have cut back. They are trying everything they can to stay afloat. To wait it out. We have the most credit card debt ever as a nation. And the car note defaults are at an all time high. When a first year teacher with a masters degree can’t get close to making ends meet with normal bills. No streaming. No phone bill. I pay that. Making 43000 a year. There is an issue. Studio apartment. Not high end. Car payment 340 dollars. She is 600-800 short. And that is with a coaching stipend. I paid for any hair, nails and makeup. I also paid her car insurance. Only way to even come close is to live in a dangerous area or take on roommates. She is now going to do this, but if someone with a masters degree has to do this in Athens. How bad do you think it is for the every day person. Or do you really think it is just bad money management.

Same apartment she moved out of last year is 200 a month higher a year later. That is a fact. What is being reported just isn’t factual. It is 30-100 percent higher for normal goods than in 2020 as a whole. The numbers are being manipulated. They just are. And like you, I see normal everyday folks everyday hanging on by a thread.

Very well said.

The bottom line is, it takes a lot of honkin money to live.

Rent is 1200
Gas is 3.00
Car payments
insurance
Cell phones, even straight talk types


And clothes. Being a preacher, suits and ties are pretty standard equipment. A decent suit can cost 500 dollars. Yes you can find them cheaper. You get what you pay for. A pair of dress shoes can easily run $150 bucks. I need to get 2-3 new suits now, but don't have an extra $1000 lying around.

We are in a very expensive season of life, I guess you could say. One son in college. One son is a junior in high school. My daughter is 8.

 

[DTwnDawg]

He is a good reminder that libs just spew whatever the government feeds them. They have little capacity for original thought. Of all the sources to believe……..the GOVERNMENT??? They wouldn’t recognize the truth if it was latched on to their little testes.

And, yep, here is where he copied his post. That is unless he’s the bullshit-for-the-masses writer at the White House. https://www.whitehouse.gov/briefing-room/statements-releases/2023/08/16/fact-sheet-one-year-in-president-bidens-inflation-reduction-act-is-driving-historic-climate-action-and-investing-in-america-to-create-good-paying-jobs-and-reduce-costs/#:~:text=Investments in clean energy and,to estimates by outside groups.

My guess is if you wanted to spend the time you could find the government horseshit from which every lib post is copied and pasted. With no source notes, I might add. I saw one a few days ago noted as “sourced from elsewhere.” I asked where elsewhere is and got no response.

He is a good reminder that libs just spew whatever the government feeds them. They have little capacity for original thought. Of all the sources to believe……..the GOVERNMENT??? They wouldn’t recognize the truth if it was latched on to their little testes.

And, yep, here is where he copied his post came from. That is unless he’s the bullshit-for-the-masses writer at the White House. https://www.whitehouse.gov/briefing-room/statements-releases/2023/08/16/fact-sheet-one-year-in-president-bidens-inflation-reduction-act-is-driving-historic-climate-action-and-investing-in-america-to-create-good-paying-jobs-and-reduce-costs/#:~:text=Investments in clean energy and,to estimates by outside groups.

My guess is if you wanted to spend the time you could find the government horseshit from which every lib post is copied and pasted. With no source notes, I might add. I saw one a few days ago noted as “sourced from elsewhere.” I asked where elsewhere is and got no response.

His posts reek of entitlement , silver spoon, trust fund baby, no real life business experiences, classroom brain washed, Tesla, Whole Foods, Starbucs, Twitter, the latest I Phone, you know the kind

 

[SLC_Dawg]

I can only hope everyone will vote with their wallets. The inflation under Biden for "essentials" is up 18% under Biden since he took office. I commend you on your financial savvy but you are in the minority. Using your logic Trump should win in a landslide.

I get a Cost of Living Allowance

 

[jlstone412]

The fact that Americans have suffered in all facets under Biden's Administration is not a fallacy. What are we suppose to do forget about that? FJB. The average investor hasn't recovered the gains made under Trump that were lost under Biden.

Are you asserting that the average investor has lost money in the stock market under Biden? Feel free to correct me if I'm wrong.

For the sake of the discussion, if an average investor had moved $100 (a small mount of money for a 2% inflation environment at the time) of their gains from 2017-2021 into an all world all cap index fund in January 2021 around bidens inauguration, and left it alone, their annualized return would be about 7.26% thru yesterday. (VOO would yield even better results)

However, you may in fact be right as the average investor typically makes knee jerk reactions and moves in and out of markets at the wrong time, and fails to keep up with the market. That cannot and should not be directly attributed to any president.

Over both presidencies, the all world all cap index has returned +10% annualized for the last 7 years...

I would be more inclined to agree with you in June 2022 and October 2022...But judging Biden on market performance as a black eye of his presidency is currently an uphill strategy in my opinion. Odds are, we are heading for another positive year (as most general election years are)...

 

[Athens is Heaven]

His posts reek of entitlement , silver spoon, trust fund baby, no real life business experiences, classroom brain washed, Tesla, Whole Foods, Starbucs, Twitter, the latest I Phone, you know the kind

Typical elites.

 

[Athens is Heaven]

Same boat with oldest daughter. Got her MEd and in her 3rd year at a middle school. Have been helping out also.

Thinks teachers and law enforcement are both underpaid and underappreciated.

And they both are the backbone of our society. That’s what makes it so crazy!