Oh oh! Bad news for The Party of Trump: the country is doing well...

You may want to temper your jubilation with a supplement of cold, hard reality:

https://www.foxbusiness.com/economy/treasury-dropped-financial-bomb-bidenomics-means-worst-yet-come
https://www.foxbusiness.com/media/larry-kudlow-here-warning-economy

And please understand, many of us who are REAL Conservatives are quick to blame Trump as well as Biden! The Fed had begun to take baby-steps toward sucking the 'pudge' out of all the Quantitative Easing madness of the Obama years (which it did purely to 'rescue' stock market gamblers), but in January 2019, Donald Trump came out railing and ranting against any further increase in interest rates -- and in fact, Trump was demanding NEGATIVE interest rates... the very thing that had been distorting and wrecking the economies of Europe! So, no, finding fault with "Bidenomics" is not (NOT) opining for some kind of non-existent "good old days" under Trump's leadership.

Trump got one thing absolutely right about the economy -- make the U. S. entirely energy independent! Much of the rest of what he advocated was merely an extension of "Stock markets über alles!"

 

I think that come election day everyone that voted for President Biden will remember what a terrible president tRaitor tRump was and, have the further motivation of knowing how he disgraced the office at the end of, and since, his presidency.

 

Paul Krugman just wrote an op-ed about the disconnect between how people feel about crime and the economy and what the data says. It's frustrating.

 

Forum rules state that links, references, etc... should be intended to support a point. Not to make your point for you. If you have a point to make, YOU will have to make the point yourself.

Feel free to try again...

 

That's what the peanut gallery on the left can't grasp. GDP counts borrowing (debt) and spending the borrowed funds twice. It double counts. If you borrow and spend $1.7 trillion, that's a GDP increase of $3.4 trillion. It's ****ing stupid.

 

But none of that is happening by any of that spending. Your comment on Trump is totally horse manure, either due to partisanship, lack of research or ignorance. Or maybe all three.

 

Such great news on the economy....must be why the DOW is down 400 points today.

 

Huh? YOU were the one who said it was because of the spending!

Make up your mind!

 

Nice try. Obfuscation as a defense. Well done. Conflating/confusing Biden v. Trump.

 

My 'point', Golem, was pretty clear -- just as yours was in the OP. I refute the idea that everything in "Bidenomics" is rosy, and I offered links to two articles that speak directly to the fact that Bidenomics has not (NOT) made things nearly so good as your and your faction want the rest of us to think it is. Never mind, though... go right on believing what you want to believe, even after the repossessions, layoffs, bankruptcies, and foreclosures ramp up shortly after the first of the coming year. By about the end of Q1, 2024, unless there's some kind of miracle, the reality of it all will become obvious to everyone.

 

Of course it's not! Only problem is nobody has said that. That claim exists only in the binary part of your brain. So you are basically debating yourself.

You can pick anybody, anything, anywhere and say "not everything is rosy". If THAT'S your point, it's already a nul-point. Like ALL binary statements are. It's the same as saying that you DON'T have a point.

This is very simple: if you want to rebut anything I said, quote it and rebut it. But using the thread to debate YOURSELF is not rational.

 

We are well over 100 billion taxpayer dollars into the proxy war in Russia.

 

So we haven't.

 

I had thought that you might be more receptive to a countervailing opinion on the current state of the economy if you were presented with thoughts expressed by well-known EXPERTS, like Jeff Sica, and Larry Kudlow, instead of a nobody like me (which is why I presented the links to those articles by them). But, I was wrong... you will not be receptive of anyone's opinions but your own, and those who think that Bidenomics is the greatest thing since "sliced bread". Silly me....

 

That would be not correct.
Raising interest rates checks inflation.
Inflation is caused by government spending.

 

Well standby, biden is going to make trump look like granpa handing out quarters.
And no, almost all of both trumps and bidens spending sprees did not raise the standard of living or improve anything or make new jobs.
It was pure pork spending that paid off political cronies and ended up stolen.

 

A simple question for everyone.
Are you better off now or 4 years ago?

 

not in this case, in this case they tried to address a supply issue with raising rates, that caused corps to lock in those newer higher prices vs letting them drop back to pre-pandemic levels

 

NOW!!! AbsaByGodLutely!!!!

 

So if that was the plan why haven't they dropped rates back?

 

AbsaByGodLutely NOT!!!
Inflation, gas prices.
We're retired, and are doing just fine but an extra $20 on a tank of gas and $60 for a cart of groceries sucks.
I don't see either biden or trump on the ballot.

 

That does not mean much to most people who are struggling to pay their grocery bills because of inflation.

 

good question, have to ask the Republican that leads the FED, is the FED just trying to hurt the Biden economy?

 

Which are few and far between. Wages are outstripping inflation.

 

Wait. Powell was appointed by trump but reappointed by biden last year.
You think powell is pulling some kind of scheme to get biden??
Don't think so....