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re: Trump loses any economic debate---the numbers do not lie--GDP performing better now

Posted on 5/15/23 at 5:02 pm to
Posted by tarzana
TX Hwy 6--Brazos River Backwater
Member since Sep 2015
27064 posts
Posted on 5/15/23 at 5:02 pm to
My retirement portfolio would argue in the affirmative, to the OP. It was losing 1K - 2K DAILY for two weeks back in March/April 2020.

Thanks to Bidenomics, it's recovered to levels above where it peaked before the Trump collapse.

What I think is immediately worrisome is the discontinuation of Social Security payments following the likely debt ceiling debacle crafted by McCarthy and the Republicans. How could Trump, or any Republican candidate spin this to their advantage in a debate?
Posted by rhar61
Member since Nov 2022
5109 posts
Posted on 5/15/23 at 5:03 pm to
quote:

My retirement portfolio would argue in the affirmative, to the OP. It was losing 1K - 2K DAILY for two weeks back in March/April 2020.

Thanks to Bidenomics, it's recovered to levels above where it peaked before the Trump collapse.

What I think is immediately worrisome is the discontinuation of Social Security payments following the likely debt ceiling debacle crafted by McCarthy and the Republicans. How could Trump, or any Republican candidate spin this to their advantage in a debate?



The waterhead is here!
Posted by dcbl
Good guys wear white hats.
Member since Sep 2013
29895 posts
Posted on 5/15/23 at 5:36 pm to
quote:

My retirement portfolio would argue in the affirmative, to the OP. It was losing 1K - 2K DAILY for two weeks back in March/April 2020. Thanks to Bidenomics, it's recovered to levels above where it peaked before the Trump collapse.


The dollar amounts look good, and that’s great!

However, those dollars are worth FAR less right now; and that trend is continuing at an alarming rate

The real issue for “winning” this argument (for you or IB Chhinaman) is that working people don’t have as much spending power nor discretionary income - their rate of pay has not kept up with rising costs of necessities

But congrats on your investments - I’m happy for you, really, I am…
This post was edited on 5/15/23 at 5:41 pm
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
77346 posts
Posted on 5/15/23 at 8:59 pm to
quote:

My retirement portfolio would argue in the affirmative, to the OP. It was losing 1K - 2K DAILY for two weeks back in March/April 2020.

Thanks to Bidenomics, it's recovered to levels above where it peaked before the Trump collapse.

What I think is immediately worrisome is the discontinuation of Social Security payments following the likely debt ceiling debacle crafted by McCarthy and the Republicans. How could Trump, or any Republican candidate spin this to their advantage in a debate?




yoia re an economic idiot like all dems

morons like you love inflation over taxatio na nd regulation a nd loss of jobs. classic democrat stances.
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