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re: Credit card debt up more than 50% in 2023, Bidenomics working
Posted on 2/7/24 at 12:29 pm to East Coast Band
Posted on 2/7/24 at 12:29 pm to East Coast Band
quote:
Then why is the stock market rebounding so well over the past year?
Who is this benefitting?
Posted on 2/7/24 at 12:29 pm to RogerTheShrubber
quote:
I said older, not bigger, Einstein.
Both Biden and Trump tried to destroy the middle class, to the benefit of the wealthy.
What are they 3 years apart? Einstein?
8 trillion in debt. Loans forgiven to Big business and rich individuals. Trump doesn't care about anybody! He clearly has a Narcissist personality disorder. He's vindictive like a spoiled brat woman. He said himself he is going after woke companies. Not good for the economy and country. We can deal with Biden for 4 more years until Repubs get there ship together.
Posted on 2/7/24 at 12:30 pm to Rip Torner
quote:
The stock market is not a direct correlation to the economy. You do realize that, right?
You do know Trump bragged on the Stock Market every single day of his presidency as a direct correlation to the stock market and his hard work....until it tanked.
Posted on 2/7/24 at 12:32 pm to WaltWhite504
I’m not trying to convince you of anything son. All I’m saying is you’ll have to make a decision and that’s up to you. I know Trump is of poor moral character but if you don’t think Biden is also, then your head is in the sand. At this point, the decision comes down to who you think will be better for this country’s future. If you’d like the current direction the country is headed, go for it. If you don’t, then you vote for the other choice or not. I don’t care
Posted on 2/7/24 at 12:32 pm to NanNinjaDej
quote:
What are they 3 years apart? Einstein?
Something like that, Mr illiterate.
Reading my sentence would have clued you in as to what I was discussing.
But evidently thats too much to ask of you.
Posted on 2/7/24 at 12:34 pm to NanNinjaDej
Who is all the woke companies? Every tech company in the USA? Better get rid of those Iphones. Unless your a hypocrite. Better switch to Andriod.
Posted on 2/7/24 at 12:34 pm to minister of truth
quote:
Go look at 2020 stock market returns when the economy was shut down
The Cares Act Trump signed funneled trillions of US dollars directly to F500s for stock buy backs to increase values.
Trillions added to US debt for a temporary fix, Trump hoped would carry on to election. And it eventually tanked.
Posted on 2/7/24 at 12:35 pm to RogerTheShrubber
quote:
Something like that, Mr illiterate.
Reading my sentence would have clued you in as to what I was discussing.
But evidently thats too much to ask of you.
It was a bait question with only one answer. Who is older? Thats what ya got? Give me a break!
Posted on 2/7/24 at 12:37 pm to minister of truth
quote:
If you’d like the current direction the country is headed, go for it. If you don’t, then you vote for the other choice or not. I don’t care
My point is that i don't like either. If i offered you a plate of sh"t or a glass of piss, you can say no thank you, you do not have to pick.
Trump claims to have a majority - you don't need me - i can sit back and let the wasteland that used to be America decide which criminal they want to run Bartertown,
This post was edited on 2/7/24 at 12:41 pm
Posted on 2/7/24 at 12:38 pm to DaBike
It's not like Biden forced these people to take on this credit card debt. People are doing it to themselves.
Just yesterday I had an offer to attend a NBA game but the people were going to sit in a luxury section for 400 bucks. I said thanks but no thanks (and almost without exception they make less than me). I also drive a 12 year old car and use a four year old cell phone.
No-one from the Biden administration makes people buy a new car (or rather lease one) every two years, etc.
Just yesterday I had an offer to attend a NBA game but the people were going to sit in a luxury section for 400 bucks. I said thanks but no thanks (and almost without exception they make less than me). I also drive a 12 year old car and use a four year old cell phone.
No-one from the Biden administration makes people buy a new car (or rather lease one) every two years, etc.
Posted on 2/7/24 at 12:38 pm to WaltWhite504
I was replying to the poster, who stated that the economy was doing well because of stock market returns. The two do not necessarily correlate.
In regards to the national debt, blame could be laid at Obama‘s, trumps and Biden‘s feet, and probably at the feet of the next president as well
In regards to the national debt, blame could be laid at Obama‘s, trumps and Biden‘s feet, and probably at the feet of the next president as well
Posted on 2/7/24 at 12:38 pm to NanNinjaDej
quote:
It was a bait question with only one answer.
It wasnt a question, Mr Illiterate. It was a statement.
Youre just justifying voting for the oldest fool in the race.
Posted on 2/7/24 at 12:40 pm to WaltWhite504
Well, again, don’t pick. As I said before, that’s your choice. But you’re not going to convince me to vote for the Dim party.
Posted on 2/7/24 at 12:44 pm to WaltWhite504
You mean until he stupidly listened to the libs and needlessly shut the economy down? I know y’all like to pretend that you didn’t cheer every day at the mask mandates and social distancing but we remember so your faux outrage is amusing at the economy “tanking” under Trump. If the libs had their way everyone would be triple jabbed, double masked, with hundreds of billions in Ukraine funding. Yeah, that economy would be booming lol
Posted on 2/7/24 at 12:46 pm to minister of truth
quote:
Well, again, don’t pick. As I said before, that’s your choice. But you’re not going to convince me to vote for the Dim party.
Just trying to share some truth with the minister. If you are holding your nose to vote for Trump like many of my friends, so be it.
Unfortunately - I don't believe it will get better until it gets worse.
Posted on 2/7/24 at 12:49 pm to Rip Torner
quote:
You mean until he stupidly listened to the libs and needlessly shut the economy down
Even worse, he bailed them out. Also gave millions enough money to quit work for a year.
Thats how you destroy an economy. Until we let people fail and take some losses, the economy keeps growing and we lose purchasing power.
People pull back at the idea of deflation, but its damn near necessary. People will just have to take losses.
The only other option will be a dual economy, or massive subsidies to keep poor people alive.
Posted on 2/7/24 at 12:49 pm to Rip Torner
I knew when it was happening that the Democrats, who were largely responsible for shutting the states down, were going to eventually turn it around and blame Trump. No doubt Trump was misled and made poor decisions. But the economy stayed shut down for a much longer period than necessary because the Democrats were determined to damage Trump as much politically as possible for the election.
Posted on 2/7/24 at 12:51 pm to WaltWhite504
Well, I agree with you 100%. It will definitely get worse. I’m voting Trump because I’m praying the chances of Trump slowing the decay are better than the Democrats policies. I truly think that if Hillary would’ve been elected instead of Trump, this point would have passed long ago.
Posted on 2/7/24 at 12:54 pm to RogerTheShrubber
quote:
t wasnt a question, Mr Illiterate. It was a statement.
Youre just justifying voting for the oldest fool in the race.
Won't argue with that. It was a statement not a question, just a very stupid statement. A bait statement at that. Do you think for yourself or just let Trump and Maga tell you what to think?
Posted on 2/7/24 at 12:55 pm to NanNinjaDej
quote:
Won't argue with that. It was a statement not a question, just a very stupid statement.
That both are old fools?
What kind of estrogen you taking, child?
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