Politics and the real economy

[bgreene]

Our stock market is soaring, interest rates going down ,inflation eased, and as wealth on paper increases people spending. Things are going better for our economy .

Trump ……it’s all doom and gloom as he continually tries to scare folks that without him it’s all a disaster. And of course when anything goes wrong, he jumps into his blame routine.

Harris……..optimism, inclusiveness and no doom and gloom

An interesting reality

[oteps]

I don't know anything about stock market. Interest rates still high. Inflation may have leveled out.
But as a business owner things are not good at all. Yes on paper I make more $. But in the end after paying the sky high prices I make less. Every time I turn around prices are going up or someone has their hand out.
Groceries up.
Fuel up.
Vehicle registration way up.
Just wait till they assess your house again after people just payed double for the house next door.
Not sure where you get your info from. But mine is from real world spending. And thats a fact, prove me wrong. Tell me that your credit card interest dropped, how about the price of coffee? Drop? Heating your home? Up or down?

[bgreene]

Everything I wrote is accurate .

You think Trump is the savior for inflation ?
Wrong and our national debt soured as Trump cut corporate taxes, decreasing the tax revenue needed .

Trump does a great job SELLING himself as the savior and he does a great job SELLING blame for anything that goes wrong. That he does very well.

In proven reality trumps a lying, cheating, con man traitor who will eliminate our system of fair elections and eliminate our democracy if he wins

[oteps]

Like I said before, go out and talk to people at the store and let me know what they say. At the gas pump tell the next guy how Joe is doing a great job because gas cane down a dime. The young lady with 2 kids buying diapers at the store, tell her about the great economy and wealth on paper.

[bgreene]

Like I said before, go out and talk to people at the store and let me know what they say. At the gas pump tell the next guy how Joe is doing a great job because gas cane down a dime. The young lady with 2 kids buying diapers at the store, tell her about the great economy and wealth on paper.

You’re making the mistake, the mistake Trump sells of blaming Biden for the GLOBAL inflation. And it is global, not just here.

You’re also making the mistake of assumption, perhaps that I haven’t been affected by inflation and that I’m not aware . Each incorrect assumptions .

What I posted on this thread is simply what I wrote, and nothing more.
Assumptions are often the cause of many a mistake .

[oteps]

Dont assume I assumed you were not affected by inflation. Everyone is affected. But some more than others.
I understand you want to blame this on covid and Trump. But what has Joe or kamala done to help? Nothing. Has either owned a business? No. They are interested in power and $ in their pockets and not us.

[bgreene]

Dont assume I assumed you were not affected by inflation. Everyone is affected. But some more than others.
I understand you want to blame this on covid and Trump. But what has Joe or kamala done to help? Nothing. Has either owned a business? No. They are interested in power and $ in their pockets and not us.

You might just google President Bidens accomplishments ….

Blame ? nah I leave that to Trump the king of blamers

[oteps]

Joe has done nothing to reduce inflation. Just keep blaming Trump.

[bgreene]

Joe has done nothing to reduce inflation. Just keep blaming Trump.

Ok well……” In 2020, Trump famously predicted that “the stock market will crash” if Joe Biden became president. Biden did, and equity investors have since turned a handsome profit.

Since Biden took office, the S&P 500 stock index has risen a healthy 40%, capped by a five-month rally that kicked off last October and is still underway. At the same point in Trump’s presidential term, the S&P was up just 13%.

And the S&P 500 is up 15 % year to date

[oteps]

[QUOTE=bgreene;254290]Ok well……” In 2020, Trump famously predicted that “the stock market will crash” if Joe Biden became president. Biden did, and equity investors have since turned a handsome profit.

Since Biden took office, the S&P 500 stock index has risen a healthy 40%, capped by a five-month rally that kicked off last October and is still underway. At the same point in Trump’s presidential term, the S&P was up just 13%.

So inflation went down because of this? How did this help the average person? Like I keep saying go out tell random people how good you think Joe is doing. Let me know what theysay

[steplift20]

Wow just in time for the coming election. Amazing.
Trump,Vance 2024 M. A. G. A

[bgreene]

Wow just in time for the coming election. Amazing.
Trump,Vance 2024 M. A. G. A

Stock market 4 years of Biden ……up 40 %
Stock market 4 years of Trump …..up 13%

Gee wiz

[oteps]

Cost of groceries up 50% fuel up 50% cost of houses not affordable anymore for young people. Maga!

[bgreene]

Please explain why you think inflation Bidens fault

[oteps]

Already did. Do your research.

[bgreene]

As I’ve noted, the President is not particularly the cause of inflation as many other factor contribute .

COVID related shortages caused prices to rise ….roofer friend says during COVID his supplier said “ plywood price just jumped again to X take it or not someone else will pay.”
That was during TRUMP .

While it’s so easy to blame, economists explain that’s not reality, as attached


https://www.cnbc.com/2024/07/03/is-inflation-bidens-or-trumps-fault-the-answer-isnt-so-simple.html

[steplift20]

Anti gas, closing the pipe line. Also7nder the great Biden. Border crossing ,millions
Wars American soldiers dead,died under Biden
Gas
Open borders
Wars
Under Biden. Or was it Trump?
How many people died with Covid since Biden took office
How many died with drug overdose since Biden took office
Zero wars with Donald Trump ,Biden. The whole world is at war.
Crime,violence over doses wars , but
It***8217;s Trumps fault. Oh and yes. That B,S election was stolen .

[steplift20]

Biden and Harris did a great speech on the border crossing and Israel.
This is there speech.
,,,,,,,,,DONT,,,,,,,
What a great speech

[oteps]

Yes covid shortages helped inflation. Democrat governors shut down businesses causing it. Then put mandatory experimental shots if u want to keep your job. That wasn't a good idea. Plywood wasn't high during xovid so you got your info from a bad source. Yes I bought some. I wasn't allowed to work so I tore my roof off and made new trusses, put all new plywood and shingles on. It was normal Trump price.

[Pipe_Dream]

Kamala is going to stop price gouging when she takes office.

If price gouging is causing inflation, why isn't she stopping it now?

Because . . .

https://pbs.twimg.com/media/GVrj0c8XgAEY24E?format=jpg&name=medium

[oteps]

Wait didnt she keep saying bidenomics is working great? What happened?