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re: Until Biden schooled us last night, how many of you knew our economy was kicking arse....
Posted on 3/8/24 at 8:00 am to ronricks
Posted on 3/8/24 at 8:00 am to ronricks
quote:
Trump was spending even before Covid was a thing. He was President in 2020. He deserves all of the blame. He was in change and fumbled the ball and it cost him the election in 2020. Paying people to sit at home and not work and allowing Fauci and Birx to take over policy for the country was fricking stupid to do but Trump did it anyway.
Pretty sure that spending was more than just the executive office, during a pandemic none the less controlled by evil aholes.
2
Posted on 3/8/24 at 8:01 am to lsuCJ5
quote:
i was down voted to no end for asking a similar question on the money board. stock market is rallying, but why? Houses and cars not selling because of high prices and interest rates. Good employees are hard to find.
T-boy is bragging about the investor economy which is booming because its built on debt.
The worker economy has been destroyed by immigration. T-boy doesnt care about workers, or managers.
Just his investment account built on the labor of others.
Posted on 3/8/24 at 8:01 am to Tigahs24Seven
I learned Ukraine was our 51st state
Posted on 3/8/24 at 8:01 am to TBoy
quote:
My investments are at 24% gain in the last 12 months. That’s outpacing inflation and good enough for me.
So when it crashes because the upper has to be paid at some point that’s ok as long as you get yours?
People are hurting financially now more than ever. Wages are lagging way behind inflation and that’s before you consider shrinkflation.
Posted on 3/8/24 at 8:02 am to TBoy
I thought you hated stocks and investing?
Posted on 3/8/24 at 8:02 am to momentoftruth87
quote:
Pretty sure that spending was more than just the executive office,
Trump kept signing record level bill after bill and whining no one was reading them.
Why didnt he read it?
Trumps economics are Bidens economics. Both are built on the back of borrowed money which cause inflation.
Both are basically practicing Modern Monetary Theory.
Posted on 3/8/24 at 8:03 am to momentoftruth87
quote:
Pretty sure that spending was more than just the executive office, during a pandemic none the less controlled by evil aholes.
Trump wanted even more stimulus than was given out. Congress wouldn't allow it. That's a fact.
Posted on 3/8/24 at 8:03 am to TBoy
quote:
My investments are at 24% gain in the last 12 months. That’s outpacing inflation and good enough for me.
As long as you are making money it's OK for the country to go to crap. Screw everyone else. Glad you are happy (and self centered).
Posted on 3/8/24 at 8:03 am to ronricks
quote:
Trump wanted even more stimulus than was given out.
Yep. The DEMOCRATS had to stop him.
Posted on 3/8/24 at 8:06 am to Sailjuggernaut
quote:
As long as you are making money it's OK for the country to go to crap. Screw everyone else. Glad you are happy (and self centered).
That sounds like BBonds25 to me. Thats his strategy as well.
Posted on 3/8/24 at 8:09 am to TBoy
quote:The people struggling are the ones who have taken credit card debt to record highs. They have no investments so that number is meaningless to them. And BTW - I seriously doubt the 24% number.
My investments are at 24% gain in the last 12 months. That’s outpacing inflation and good enough for me.
Posted on 3/8/24 at 8:12 am to RogerTheShrubber
quote:
My investments are at 24% gain in the last 12 months. That’s outpacing inflation and good enough for me.
The Democrats dilemma. Their usual voting base does not have this 24% gain. This is all fine and dandy for the white college educated middle upper class, but your average black or hispanic voter is getting all the higher prices and none of the benefits of the stock market. Which is why Biden is polling at historically low rates among those groups.
Posted on 3/8/24 at 8:12 am to Diamondawg
quote:
The people struggling are the ones who have taken credit card debt to record highs.
Right. Food prices dont affect people like T-boy like they to Leshanta and Juan.
But T-boy dont care. He came out slightly ahead (or he thinks he did)
Posted on 3/8/24 at 8:13 am to TBoy
quote:
My investments are at 24% gain in the last 12 months.
You sir, are a liar.
No doubt it’s been better the last 12 months (you are still lying about 24%) But go ahead and do me the last 36 months.
That money you lost during that time….you NEVER make up. EVER.
AND THAT IS JOE BIDEN’s FAULT!
This post was edited on 3/8/24 at 8:17 am
Posted on 3/8/24 at 8:15 am to TBoy
quote:
My investments are at 24% gain in the last 12 months. That’s outpacing inflation and good enough for me.
Fair. Biden is the president of Wall Street, not Main Street.
Those with the luxury to invest are doing better than those who work paycheck to paycheck. Minus the fact that the 24% you speak of is ~15% when you take into account the purchasing power you’ve lost the last three years. But I think you knew that already.
Posted on 3/8/24 at 8:16 am to wareagle7298
quote:
The Democrats dilemma. Their usual voting base does not have this 24% gain.
The rank and file Democrat is too stupid to realize that progressive politics fricks them over and helps the wealthy.
Its a "feel good protection racket."
Posted on 3/8/24 at 8:20 am to Pu2kph0
quote:
But go ahead and do me the last 36 months
My composite
quote:
3/8/2023 3/8/2024 10.51% 10.54%
3/8/2021 3/8/2024 2.20% 6.74%
Posted on 3/8/24 at 8:22 am to Tigahs24Seven
stocks are doing pretty well. I don’t think the economy is as bad as some people want it to be. But I also think if the Biden administration got out of the way it could be much better.
Posted on 3/8/24 at 8:23 am to RogerTheShrubber
India's economy is the best in the world.
Posted on 3/8/24 at 8:23 am to Pu2kph0
quote:
(you are still lying about 24%)
Spoken like someone who isn't invested in the market. 24% gain(s) is not out of the question recently depending on what he is invested in.
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