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Biden-Harris pumping debt into the economy, hoping to create an illusion of prosperity

Posted on 10/22/24 at 10:32 am
Posted by L.A.
The Mojave Desert
Member since Aug 2003
65298 posts
Posted on 10/22/24 at 10:32 am
Posted by FreddieMac
Baton Rouge
Member since Jun 2010
24837 posts
Posted on 10/22/24 at 10:35 am to
This has been happening for 3 years, this is why prices are so high. To much gov't spending.
Posted by canyon
MM23
Member since Dec 2003
21431 posts
Posted on 10/22/24 at 10:37 am to
Part of the larger picture. But by all means protect demockCrazies.
Posted by ShoeBang
Member since May 2012
21790 posts
Posted on 10/22/24 at 10:38 am to
We know. The problem is that half the country likes being lied to because it makes them feel better about what their eyes see and their bank accounts feel
Posted by Doctor B
Member since Jul 2024
1055 posts
Posted on 10/22/24 at 10:49 am to
Think about how many people in their 20s 30s and 40s can't get through a phone conversation without dropping 12 F-bombs. And that's just in personal conversation.

They have no viable career path that involves communicating with the public in hospitality, customer service, etc.

That's how we got to Biden/Harris being able to promise prosperity by handing out loan cancellations, housing payments, food assistance, etc. Their audience has no other path.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295455 posts
Posted on 10/22/24 at 10:50 am to
quote:

This has been happening for 3 years,


Its been happening since 2009.

Our economy is built on debt.
Posted by MAADFACTS
Member since Jul 2021
1410 posts
Posted on 10/22/24 at 10:52 am to
quote:

Think about how many people in their 20s 30s and 40s can't get through a phone conversation without dropping 12 F-bombs. And that's just in personal conversation.



Who are you surrounding yourself with?
Posted by Bunk Moreland
Member since Dec 2010
66480 posts
Posted on 10/22/24 at 10:53 am to
Plan B is to give Trump a shite sandwich he can't deal with.
Posted by olemc999
At a blackjack table
Member since Oct 2010
15052 posts
Posted on 10/22/24 at 10:54 am to
This election is the people vs the system.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295455 posts
Posted on 10/22/24 at 10:55 am to
quote:

Plan B is to give Trump a shite sandwich he can't deal with.


Honestly I think this is why Dems have not put forth any decent candidates, they realize what is about to happen.

Posted by BCreed1
Alabama
Member since Jan 2024
6369 posts
Posted on 10/22/24 at 10:56 am to
That's not why they are doing it. They know they will not win. They know they can not cheat, it would be too extreme to believe and the backlash will be massive.

So the plan is to wreck the economy for the next president and say "I told you so".

Posted by Tantal
Member since Sep 2012
19039 posts
Posted on 10/22/24 at 10:56 am to
quote:

This election is the people vs the system.

Yeah. If Trump wins, that spigot will get shut off with a quickness and they'll blame it all on Trump even before he takes office.
Posted by BCreed1
Alabama
Member since Jan 2024
6369 posts
Posted on 10/22/24 at 10:57 am to
quote:

Plan B is to give Trump a shite sandwich he can't deal with.


Exactly. They are willing to wreck America and Americans as punishment for voting Trump in and try to make it his fault
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
465526 posts
Posted on 10/22/24 at 10:57 am to
quote:

Honestly I think this is why Dems have not put forth any decent candidates, they realize what is about to happen.


Posted by Doctor B
Member since Jul 2024
1055 posts
Posted on 10/22/24 at 10:58 am to
quote:

Who are you surrounding yourself with?


Walk around any downtown area for 5 minutes or go to a WalMart for a minute and you hear people on phones talking about some girl up the street or some ex-boyfriend or whoever......and it's Andrew Dice Clay mode from 1988.

A lot of people in the U.S. have no basic work skills for clerical work, hospitality, customer service, etc.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
465526 posts
Posted on 10/22/24 at 10:58 am to
quote:

They are willing to wreck America and Americans as punishment for voting Trump in and try to make it his fault

Wreck is a bit much.

This is going to happen at some point. There is a chance Trump can spend extra trillions more again to thwart it and hold off for a few years, too.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295455 posts
Posted on 10/22/24 at 11:05 am to
quote:

So the plan is to wreck the economy for the next president and say "I told you so".


I predict Trump will continue to use debt to stave off a recession.

Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
88641 posts
Posted on 10/22/24 at 11:50 am to
So now you’ve got “if they don’t cheat it proves there was no cheating in 2020” AND “The Dems are giving this to Trump” covered.

Sound logic.
Posted by MyNameIsTokyo
Member since Oct 2024
46 posts
Posted on 10/22/24 at 1:27 pm to
quote:

The problem is that half the country likes being lied to because it makes them feel better about what their eyes see and their bank accounts feel


AVERAGE HOURLY EARNINGS

January 2017 - $26.00
December 2020 - $29.81
October 2024 - $35.36

Over four years that is
+ $3.81 for Donald and
+ $5.55 for Biden/Harris

CURRENT-DOLLAR GDP

2017 (4th quarter) $19.75 trillion
2020 (4th quarter) $21.48 trillion
2024 (2nd quarter) $28.63 trillion

Over four years that is
+ $1.73 trillion for trump
+ $7.15 trillion for Biden/Harris


DOW AVERAGE

January 20, 2017 - 19,827
January 20, 2021 - 31,188
So far today - 42,921

Over four years that is
+ 11,361 for trump
+ 11,733 for Biden/Harris

quote:

..and their bank accounts feel



Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 10/22/24 at 1:28 pm to
quote:

This has been happening for 3 years


Way longer than that dude. You'd have to be partisan as hell to think both sides aren't running the printer full speed ahead....
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