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  #1  
Unread 08-24-2024, 04:38 PM
bgreene bgreene is offline
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Default Politics and the real economy

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
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  #2  
Unread 08-24-2024, 07:02 PM
oteps oteps is offline
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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?
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  #3  
Unread 08-25-2024, 03:56 AM
bgreene bgreene is offline
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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
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  #4  
Unread 08-25-2024, 07:33 AM
oteps oteps is offline
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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.
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  #5  
Unread 08-25-2024, 07:59 AM
bgreene bgreene is offline
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Quote:
Originally Posted by oteps View Post
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 .
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  #6  
Unread 08-25-2024, 11:16 AM
oteps oteps is offline
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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.
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  #7  
Unread 08-25-2024, 12:52 PM
bgreene bgreene is offline
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Quote:
Originally Posted by oteps View Post
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
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  #8  
Unread 08-25-2024, 02:13 PM
oteps oteps is offline
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Joe has done nothing to reduce inflation. Just keep blaming Trump.
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  #9  
Unread 08-25-2024, 02:57 PM
bgreene bgreene is offline
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Originally Posted by oteps View Post
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
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  #10  
Unread 08-25-2024, 03:36 PM
oteps oteps is offline
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[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
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