I still believe he is not running, but if he does he will lose because of the southern border. But, Bidenomics will be the second reason.
Bidenomics
- Thread starter atlanta cock#
- Start date
Voters are tired of the corruption that there’s no evidence of.
Henry Barbour, speaking to our Audrey Fahlberg, about the 2024 presidential race and the finances of the Republican National Committee: “If the election is about Biden’s miserable record, it won’t matter if we have $12 cash on hand, we will win. But for that to happen, Republican voters have to go with a new candidate, because if we nominate Donald Trump, the election is going to be all about Donald Trump. And we can have a billion dollars in cash on hand and lose just like we did the last few cycles.”
I will say that the nonsense that Colorado and now Maine have done to keep Trump off the ballot does have the chance to royally backfire and create “sympathy” for Trump among fair minded people who are repulsed by these political tactics.
Ah yes, 3.7% unemployment, 4.9% GDP growth, record stock market, rising real incomes, 2.6% inflation and what you focus on is pending home sales to show the economy isn’t perfect. Bravo!
You know he tried to put numbers out like this last year. Then had a correction later. Since they were complete horseshit.
FACT CHECK: Setting the Record Straight on Bidenomics | The U.S. House Committee on the Budget - House Budget Committee
The Official U.S. Congressional website of The Republican Budget Committee
budget.house.gov
This also corroborated my claim of my budget in another thread. Pretty much renders the entirety of your post incorrect. I hope you read it Payne.
Fact check: Biden makes false and misleading claims in economic speech | CNN Politics
President Joe Biden delivered a Thursday speech to hail economic progress during his administration and to attack congressional Republicans for their proposals on the economy and the social safety net.
Even cnn chimed in about the numbers claimed being bs. If the numbers get better, hallelujah. It will do that in its own.
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I really agree with you. But who are the repubs goinjg to elect now? DeSantis has absolutely blown it. Nikki Haley was strong but she now trying to backtrack, lie, etc..... Nobody else has name recognition. I like Tim Scott. And a few of the other candidates. But they do not stand a chance.
Those are literally numbers pulled from the most recent economic releases themselves. Quit trying to spin good economic news as bad to make a political point.
Which all turned out to be inflated last year. He never tells the truth. Ever. I just linked the two rebuttals from last years numbers. Same thing happened. One from the pubs. The other from cnn. Just to be balanced.
Why do so few like bidenomics if the numbers are so great? Because it is benefitting the wrong people. The last group you wanted to benefit. We had this talk about no tax increase for anyone unless you make over 400000. You stood on that remember. Turned out to be a lie. The people suffering are the middle and lower class income groups. Which are much larger. The middle class is shrinking and the gap between the Uber rich and others has gotten larger. The economy may look better on paper, but not where it matters. Rent increases. Gas. Groceries. Regular services. All more. Property value and the cost to rebuild is up. All paper money. If you don’t sell you home, your mortgage has gone up due to a massive rise in property taxes. Along with your insurance. If you do sell, you are paying way too much for any property.
So from here people have taken their equity. Which will run out. And when the correction on home values starts to happen. (Lowest sales since 2008) most people will end up under water on their homes. This is where we are thanks to Joe. He literally created the exact opposite of his promise.
https://www.bloomberg.com/news/newsletters/2023-07-08/why-america-s-middle-
class-is-so-stressed-out-week-of-big-take#:~:text=It's%20not%20shocking%3A%20The%20average,than%20%242%20trillion%20in%20wealth.
The real wealth of the middle class has decrease by 33000 according to this. The benefits given to immigrants are going to be taken from someone else as well.
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you win,
another comment from a solid Chat citizen;
Notice most
ignore some
you will be categorized
as insignificant
happy holidays troll
I’m not talking about anything Biden said. I’m literally talking about the economic numbers from this month in black and white. If you want to try and spin that the economy is awful because you cherry pick a few outlier stats, then that makes you dishonest as the economy is great.
Also, your article is 6 months out of date. Mean and median household wealth is up after inflation: https://fortune.com/2023/10/24/stan...ld-millionaires-federal-reserve-research/amp/
And inequality, while still too high is actually falling for the first time in years: https://fred.stlouisfed.org/series/SIPOVGINIUSA
And your point about equity in housing, while it did fall as interest rates rose, it’s now back to levels seen at the beginning of 2022: https://fred.stlouisfed.org/series/OEHRENWBSHNO
I know Payne. That is what I am saying. Those numbers in black and white turned out to be incorrect. Last year. They were worse than what was reported at year end. 6 months ago isn’t that long ago. And it has recovered some, but I promise you I am paying more per person in my house that I ever have. Things have to improve. They have no choice. But it is at a snails pace. Those numbers don’t tell the story at all. Or the economic approval rating would be better than 36 percent.
The thing I find strange is that people will point out housing stats as if there's not a huge corporate push to turn us all into renters. It's not political - it's shitty business practices run amok.
Same with income inequality. you can't be a cheerleader for Corporate America, anti-union, and anti-worker on the one hand and whine about income inequality on the other. the corporatocracy's role in this is clear.
BULL CRAP! Dim elitist libs don't want the average person owning or having anything. Anyone that doesn't see that is dumb blind and stupid.
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I would hope you could tell the difference between Biden saying a political message like the below:
“President Biden and Congressional Democrats are delivering historic Investments in America that are creating good jobs around the country and revitalizing our communities.” The President “put policies in place that have contributed to more than $470 billion in private sector investment commitments.”
And me saying a fact like the unemployment rate is 3.7% and GDP is 4.9%, which are really good. Yes, things change, but right now things are good and getting even better, but they may get worse or continue to get even better. Who knows, but acknowledge the economy is good
It isn’t good. They are cherry picked numbers. Like I said. I see some positive signs, but there are still tons of negative signs. Not to mention the country is facing an immigration bankruptcy at the moment as well. The housing market is in crisis. Rent is out of control. Commercial property is starting to crumble.
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you're not having fun here.
you're not adding value
You're just wasting time you could be spending with your family.
the mental gymnastics that the maggots go through to discount FACTS about our economy are amazing … they would rather pretend that our economy is failing than admit that it’s not - all part of the method - just say any good result from this administration is fake news from the media. Then attack the government bodies that issue the reports.
It is absurd.
Biden’s Approval Rating Hits New Low on Economic Worries, Poll Shows
President Joe Biden’s approval rating hit an all-time low, driven by concerns about high prices and security at the US-Mexico border, according to a new survey.
www.bloomberg.com
34 percent think the economy is good. Might be time to look in the mirror. The easy explanation is the people affected most are hard working people just getting by. 70 percent say they don’t believe Biden has handled inflation well. Pretty simple. The numbers mean jack. It doesn’t match the squeeze folks are feeling.
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I am having fun
You are the one that adds no value. You are a nothing more than a dim apologist spin and propaganda merchant.
I spend lots of time with my family. You on the other hand have to attend pussy hate wearer demonstrations to be close to a woman other than your mother.
You should just be quiet unless you are attending the local CCP meeting.
The dimterds believe evey lie the media and the dim gov tells them. You still believe hunters lap top is russian disinfo. LOL You leftist and what you will fall for.
Do you mean like when your side says inflation is subsiding but fail to admit it’s the *rate* of inflation (it’s still above normal) that has slowed down and that prices doubled and aren’t coming back down? I just want to confirm that you mean that type of mental gymnastics. Because your problem is everybody sees the BS and everybody understands the truth no matter what MSNBC and NYT spew.
Cherry picked? They are literally the 3 most important economic numbers and they are all great. The housing market is far from in crisis. Did higher rates slow it? Yes, but it’s rebounding as the Fed paused and it normalizes. And rents went up fast, a whole host of new supply is coming online and rents are now falling. Hey chicken little, the sky is not falling.
The average inflation rate under Trump in his four years in office was 1.925. The average inflation rate in three years under Biden is 5.33. No matter how someone spins this, that is a big hit ( financially )to ordinary working Americans no matter what their political beliefs are.
I wonder how many on here you would call a " Maggot " to their face....??
34 percent. It is for a reason. I hope the dnc has the same attitude you do. Keep saying it is all good. And we accept the new norm thrust upon us. The same way he has handled the border. Like he said. Just report it right. Keep that line of thinking and we will be rid of the vege. Who has the worst presidential rating mid term in modern history.
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It’s obvious that your wife does all the shopping. Food is. 30% higher than it was before Biden took office. Gas is $3.19 a gallon. Get out of here w this malarkey.
pls.
I don't approve of the name calling - always thought that people who called em "gayturds" were losers ... but
same goes for dims etc. that y'all use to belittle.
y'all wouldn't dare - OR - alternately - in person would have more class.
I didn't call him anything.....just a lowly maggot here with the others who don't espouse his beliefs and mantra. Couldn't give a damn what he thinks of me....rage on all he wants....sure it makes him feel better about himself. Mighty lawyer...
You mean not every category is exactly 3.4%???????? OMG, that's so groundbreaking.
Ppl like you may pay attention, but most don't. They read the headline then immediately back to their video game or porn hub.
While CPI inflation is at 3.4%, inflation is much lower in many basic necessities:
Health Insurance -27.1%
Eggs -23.8%
Lettuce -16.7%
Smartphones -14.4%
Utility gas -13.8%
Fuel oil and other fuels -11.8%
Major appliances -10.3%
Televisions -10.3%
Airfares -9.4%
Did I cherry-pick the data to make a point the right way?
Tell us you know nothing about economics without telling us.....wait, is that you Joe?
