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re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks

Posted on 4/27/24 at 10:22 am to
Posted by Bring Da Wood
Texas
Member since Dec 2006
1647 posts
Posted on 4/27/24 at 10:22 am to
The majority of young voters voted for Biden. So basically they’re getting what they voted for. Elections have consequences and now GDP is falling while inflation continues to persist so rates will continue to be high as well.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27446 posts
Posted on 4/27/24 at 11:08 am to
quote:

The majority of young voters voted for Biden. So basically they’re getting what they voted for. Elections have consequences and now GDP is falling while inflation continues to persist so rates will continue to be high as well.

Biden is spending and printing like a drunken sailor, but at least he encouraged the raising of interest rates. Trump spent and printed like a drunken sailor and accused anyone who talked about raising interest rates to get in front of inflation of trying to sabotage his presidency. Both the right and left need to own their idiots.
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61489 posts
Posted on 4/27/24 at 11:34 am to
quote:

The majority of young voters voted for Biden. So basically they’re getting what they voted for. Elections have consequences and now GDP is falling while inflation continues to persist so rates will continue to be high as well.


The majority of young voters DON'T VOTE.

It has always been true that the 18-29 crowd is a low propensity voter. The Hamas supporters and political activist class on college campuses is a LOW PROPENSITY VOTING CLASS.

BY FAR, the largest chunk of votets is the older groups and it's not close.


Posted by Limitlesstigers
Lafayette
Member since Nov 2019
3007 posts
Posted on 4/27/24 at 11:50 am to
quote:

The majority of young voters voted for Biden. So basically they’re getting what they voted for. Elections have consequences and now GDP is falling while inflation continues to persist so rates will continue to be high as well.
Democrats generally get half or just under half of the boomer vote in just about every election anyway.

40% of the money printed happened during Republican administration's.

Shitty monetary policy is bipartisan. The only people you can't really point the finger at are people who voted for Ron Paul or Libertarian candidates.
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