Debates
29 Jul 21
31 Jul 21
@no1marauder saidIt is an inflation fueled recovery pumping up asset prices. Stocks are assets too. Stock prices increase with inflation and hold up well, like real estate. That is how they propped up real estate prices after the 2008 crash. Stock prices too.
US Real Gross Domestic Product grew by 6.5% in the Second Quarter and now is at an all-time high "real GDP surpassed its previous high from before the pandemic struck, in the final quarter of 2019." https://www.msn.com/en-us/money/markets/3-great-things-about-the-american-economy-in-the-gdp-report-and-one-bad-thing/ar-AAMIv69
Consumer spending, which accounts for more ...[text shortened]... about three times faster than the average 3.9% rate between 2017 and 2019."
Congratulations, Joe!
Wages are up because inflation is up and if you adjust wages to inflation they have gone down. People's wages are losing buying power.
Your Biden recovery is increasing the divide between the rich and the poor, creating an asset bubble and risking future economic instability just like bailout before that were funded with an inflation tax too.
We live in a plutocracy. Modern presidents do what the parasitic elites want them to do.
31 Jul 21
@metal-brain saidI read here that .....Dems are divisive. That has been going on big time. Ruining our country. Thanks libs. Your children will suffer. You will not likely justify that we Republican did it. We are preparing our kids big time. Y’all don’t even know what a QPRT is. A lot of tools still available.
It is an inflation fueled recovery pumping up asset prices. Stocks are assets too. Stock prices increase with inflation and hold up well, like real estate. That is how they propped up real estate prices after the 2008 crash. Stock prices too.
Wages are up because inflation is up and if you adjust wages to inflation they have gone down. People's wages are losing buying ...[text shortened]... ax too.
We live in a plutocracy. Modern presidents do what the parasitic elites want them to do.
31 Jul 21
@averagejoe1 saidThe price in my area actually went down.
Most here would disagree with you in their respective towns. Hey, anybody have just a 1 cent increase (or less) at their go-to gas purveyor? Naaa, I didn't think so.
31 Jul 21
@mott-the-hoople saidThat is just a shameless lie. You know, like the ones your boss tells.
one year ago gas price was $1.13 per gallon
over 100% increase in a year …dont tell libs though, they think dems are against the big rich guys
@metal-brain saidInvesting in stocks is available to everyone, or a person can grumble about it on the side lines. My first purchase was Ramada Inn many years ago, I bought 15 shares for $90. One has to start somewhere. Or do nothing, don't invest. Choices. $90 will buy a used apple watch too. Decisions, decisions.
It is an inflation fueled recovery pumping up asset prices. Stocks are assets too. Stock prices increase with inflation and hold up well, like real estate. That is how they propped up real estate prices after the 2008 crash. Stock prices too.
Wages are up because inflation is up and if you adjust wages to inflation they have gone down. People's wages are losing buying ...[text shortened]... ax too.
We live in a plutocracy. Modern presidents do what the parasitic elites want them to do.
I wish there were an emoji for Choices and for Decisions. Such things seem to be lacking in a mob-mentality society, where everyone just crutches on everyone else. (Is crutches a word??)
31 Jul 21
@averagejoe1 saidGas prices are higher this year than last year because there is a lot more demand for gas now than there was during the pandemic recession. People didn't want to travel a lot when there was a deadly, contagious disease running rampant:
Why is it so much higher? Yo must be related to Biden, maybe a nephew....who paints??? Why is it so much higher? It dropped during Trump years. Wish I would have filled up before last November .
Help me Rhonda, you people are really screwy. Always searching, as one of my coffee buddies put it. Another one said 'yeah, for other people's stuff'. Funny I thought that I was the only one who had figured that out.
"The issue of supply and demand is why prices at the pump have been low in 2020. Due to the outbreak of the novel coronavirus, global oil demand dropped by 5.6 million barrels per day in the first quarter of the year, compared to the previous year, according to the International Energy Agency.
With a steep decline in road traffic, “[g]asoline was the fuel with the largest absolute decline in demand related to Covid‑19 containment measures,” according to an April report from the IEA."
https://www.factcheck.org/2020/10/misleading-messages-on-gasoline-prices/
Gasoline prices rose under Trump until the pandemic:
"It’s also worth noting that in 2016, Obama’s last full year in office, regular gasoline averaged $2.14 per gallon, the cheapest it had been since 2004."
"The weekly average price for regular gasoline in the U.S. dropped from $2.58 at the beginning of the year (2020)".
@no1marauder saidHere is Marauder trying to revive a thread where the only traction was his. I checked many sources, find the ones you like best, but Biden is not given credit for genius or for the stock market rise.
The Biden recovery marches on: almost a million jobs added in July, unemployment rate drops from 5.9% to 5.4%, wages up, etc: https://www.cnbc.com/amp/2021/08/06/jobs-report-july-.html
Actually, what he is doing to the deficit will crash everything. Households cannot do in their own budgets what the government thinks they can do with their budget.
His admin is trying toend private equity tax break. It will cost jobs.
You are a pollyana, you have your head in the sand. Simply put, our monetary and fiscal stimulus response met the moment of crisis. But now it’s time to ensure we don’t over prescribe the patient by further stimulating an already strong recovery and therefore risk our ability to respond to future crises we are here to face. Does this make sense? Yes, but not to you and Joe. Liberal mania.
If your family cant budget something like this, how can the govt,?
And tell Suszianne er al that this is the reason that business men need to run the country, not politicians with their heads in the sand and Pollyanna ideas.
Really, everyone , we are pretty much draining the bank with a trillion here, a trillion there.
When the next crisis comes, there will be no way to pay for it. But put your head in the sand and maybe it will go away.
Idiots.
06 Aug 21
@averagejoe1 saidHow are you ever going to achieve social conservatism in your country when all you ever talk about is the economy ? 😛
Here is Marauder trying to revive a thread where the only traction was his. I checked many sources, find the ones you like best, but Biden is not given credit for genius or for the stock market rise.
Actually, what he is doing to the deficit will crash everything. Households cannot do in their own budgets what the government thinks they can do with their budget.
Hi ...[text shortened]... will be no way to pay for it. But put your head in the sand and maybe it will go away.
Idiots.
06 Aug 21
@averagejoe1 saidIn California gas prices rose steadily during the 4 years of Trump's term of office and now they remain at that price.
Depends where you are. Certainly not California. We could all move to Chicago, it is 59 cents there.
06 Aug 21
@AverageJoe1
You don't get it and seriously never will. We have MANY more serious issues going on here and all you want to do is tout how poor things are economically under Biden, even though he hasn't even finished out his first year yet.
You were castigating Biden on DAY ONE.
THAT is unconscionable, not even caring enough to give Biden ANY chance.
We gave your ex god king LOSER MONTHS also and he screwed up BIG TIME coming out of the gate.
For instance, the VERY first thing Trump TRIED to do on DAY ONE of him being POTUS was to TRY to kill the ETHICS committee.
OF COURSE that means ZERO to you, who gives a rats ass about stupid ETHICS anyway?
Machavelli said The end justifies the means and that is Trump's MO.
BTW, you probably don't know this one:
Trump keeps even to this day, a copy of Hitler's Mein Kampf on his nightstand or very close ALWAYS.
I guess to a Trump cultist like yourself you hope he reads even MORE Hitler if he wrote anything else so he can learn to be a REALLY vicious dictator.
You have to realize, even YOU have to realize Trump DESPARATELY wants to be king or dictator.
And you have to realize he REALLY is trying to subvert the IDEA of democracy in the US.
If you think otherwise, PROVE IT.
07 Aug 21
@averagejoe1 saidI could open a thread about the civil war going on in your country over whether America will be socially conservative or socially liberal.
Seriously, this would be a great topic, please start a thread on it. It would be interesting to see what is most impt to each country.
I was also thinking about starting a thread pasting a definition of conservative and liberal, and the difference between the two.
But I know that you guys will just turn it into a rant about communism and government control.
And giving away free stuff.
So ..... why bother ?
America will not be socialist under Biden.
And certainly not communist.
Period !!!!
Come on, Joe.
Talk about Roe v Wade and same sex marriage.
And talk about fornication.
I know you want to. 😛
07 Aug 21
@sonhouse saidI don’t see any proof from you Sonhouse, just conjecture. Why his nightstand has not one book on it. Neither one of us can prove such gibberish.
@AverageJoe1
You don't get it and seriously never will. We have MANY more serious issues going on here and all you want to do is tout how poor things are economically under Biden, even though he hasn't even finished out his first year yet.
You were castigating Biden on DAY ONE.
THAT is unconscionable, not even caring enough to give Biden ANY chance.
We gave your ex god ...[text shortened]... he REALLY is trying to subvert the IDEA of democracy in the US.
If you think otherwise, PROVE IT.