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re: I’m ready to be back in a Trump economy!
Posted on 3/26/24 at 6:29 pm to texag7
Posted on 3/26/24 at 6:29 pm to texag7
quote:
The unemployment rate dropped more in three months under Trump than in 60 months under Obama
Yep, we were at full employment and Trump was still pumping money into the economy.
Its the opposite of good economics. Its called "overheating the economy" which leads to..
Inflation.
2
Posted on 3/26/24 at 6:32 pm to texag7
I currently make 25k more a year than I did in 2018. I own the same house, same truck, etc. but my standard of living is the same.
Im unbelievably thankful that ive been able to advance in my career during this time and get the raises that have kept me on pace with inflation.
Im unbelievably thankful that ive been able to advance in my career during this time and get the raises that have kept me on pace with inflation.
Posted on 3/26/24 at 6:32 pm to RogerTheShrubber
Home Prices Rose At Fastest Pace In More Than A Year As Unaffordability Crisis Persists
https://dailycaller.com/2024/03/26/home-prices-fastest-pace-year-unaffordability-crisis-persists/
https://dailycaller.com/2024/03/26/home-prices-fastest-pace-year-unaffordability-crisis-persists/
Posted on 3/26/24 at 6:33 pm to texag7
quote:
The unemployment rate dropped more in three months under Trump than in 60 months under Obama with record small business and manufacturing growth.
Be factual. Go look at any US unemployment rate chart and tell me where your statement is true.
What exactly are the months you are talking about?
Posted on 3/26/24 at 6:34 pm to RogerTheShrubber
Biden has done nothing to curb inflation in nearly 4 years. Just stop dude.
A family of 4 now pays $15,000 more per year for goods than when Trump was in office.
A family of 4 now pays $15,000 more per year for goods than when Trump was in office.
Posted on 3/26/24 at 6:34 pm to RogerTheShrubber
quote:
Yep, we were at full employment and Trump was still pumping money into the economy.
Its the opposite of good economics. Its called "overheating the economy" which leads to..
Inflation.
COVID. Your blue governors shut everything down. We were lucky they pumped money in.
This post was edited on 3/26/24 at 7:21 pm
Posted on 3/26/24 at 6:35 pm to texag7
I remember when people were just pleasant
White Comedians could make fun of blacks and blacks could make fun of whites and straights could make fun of gays and gays could make fun of straights and just the entire quality of living was 10000000 times better, friendlier, and everybody wasn’t so fricking uptight about EVERYTHING
Jesus.. we only live once and life is short as hell.. everybody just needs to be happy, nice to each other and not so fricking uptight about every single fricking thing. Makes me not even want to leave the fricking house
White Comedians could make fun of blacks and blacks could make fun of whites and straights could make fun of gays and gays could make fun of straights and just the entire quality of living was 10000000 times better, friendlier, and everybody wasn’t so fricking uptight about EVERYTHING
Jesus.. we only live once and life is short as hell.. everybody just needs to be happy, nice to each other and not so fricking uptight about every single fricking thing. Makes me not even want to leave the fricking house
This post was edited on 3/26/24 at 6:37 pm
Posted on 3/26/24 at 6:36 pm to loogaroo
quote:
COVID.
He was fricking with the economy long prior to Covid. Links I posted were from 2019.
Covid just made it far worse, when we bailed out everyone and paid people not to work.
Posted on 3/26/24 at 6:37 pm to texag7
B b b b the stock market is up!!
Just don’t mention that lunch costs $20 now
Just don’t mention that lunch costs $20 now
Posted on 3/26/24 at 6:37 pm to texag7
quote:
Biden has done nothing to curb inflation in nearly 4 years. Just stop dude.
True.
Biden is as bad or worse than trump. But thats a low bar
Posted on 3/26/24 at 6:37 pm to texag7
These people are beyond dishonest. frick em, they’re scum
Posted on 3/26/24 at 6:37 pm to FLTech
quote:
White Comedy guys could make fun of blacks and blacks could make fun of whites and just the entire quality of living was 10000000 times better, friendlier, and everybody wasn’t so fricking uptight about EVERYTHING
Behold the great unifier...
Posted on 3/26/24 at 6:39 pm to loogaroo
Deep State will release another virus if Trump wins, which is a concern
Posted on 3/26/24 at 6:39 pm to RogerTheShrubber
quote:
He was fricking with the economy long prior to Covid. Links I posted were from 2019.
We were rolling before covid. You used to be better than this before your hate for Trump.
Posted on 3/26/24 at 6:41 pm to loogaroo
quote:
We were rolling before covid.
On deficit spending and artificially low credit.
Deficit spending with full unemployment is a no no.
Posted on 3/26/24 at 6:42 pm to RogerTheShrubber
quote:
On deficit spending and artificially low credit.
Deficit spending with full unemployment is a no no.
Posted on 3/26/24 at 6:45 pm to Penrod
quote:
think Trump did a good job on the economy throughout his term.
quote:
Loose money was what we needed then
Ok so trump provided loose money into th economy
quote:
What we need now is austerity to fix Biden’s inflation.
But Biden caused inflation
This is why it's hard to have serious conversations on here.
Posted on 3/26/24 at 6:46 pm to RogerTheShrubber
For those of you who can read, here you go.
It lays things out well, if you cant understand it, its on you.
LINK
It lays things out well, if you cant understand it, its on you.
LINK
quote:
quote:
Over the past half-decade, in period of solid—if unspectacular—economic growth and historically low interest rates, the federal budget deficit has been going up. And up. And up.
That is not how it is supposed to work. In normal fiscal times (if there is such a thing), deficits are expected to rise when the economy slows and fall when times are good. Now, it seems, they rise even when the economy is at full employment.
quote:
But starting in 2015, all that reversed again. Congress abandoned even modest attempts to control discretionary spending growth. At the same time, it cut taxes in 2013, 2015, 2017, and 2019—reducing federal revenues by a combined amount of nearly $7 trillion over the 10 year window following passage of each of the bills.
quote:
President Trump raised tariffs on goods imported from China. The Chinese government responded by imposing new import taxes on US agricultural products such as soybeans. To help mollify the farmers who lost sales to China, Trump opened the federal trough and gave them $28 billion in cash payments and other subsidies. According to one analysis, just 82 agribusinesses got more than half the money.
So far, runaway full-employment budget deficits have had little impact on interest rates that remain at historically low levels. But those borrowing costs won’t stay low forever. Nor will the economy grow forever
Posted on 3/26/24 at 6:48 pm to texag7
Feb 2020 was Peak America.
Posted on 3/26/24 at 6:52 pm to RogerTheShrubber
quote:
President Trump raised tariffs on goods imported from China. The Chinese government responded by imposing new import taxes on US agricultural products such as soybeans. To help mollify the farmers who lost sales to China, Trump opened the federal trough and gave them $28 billion in cash payments and other subsidies. According to one analysis, just 82 agribusinesses got more than half the money.
We didn't lose any bean sales to China. They are still begging for our beans.
Explain to me how this had more impact on inflation than Biden's environmental regulations.
This post was edited on 3/26/24 at 6:54 pm
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