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

Not even close even using the baloney numbers that exclude food gas and housing real wages have been in free fall since biden took over.

 

AbsaByGodLutely untrue.

 

You are as usual wrong.

 

JUST started - the miles.
lions before them and those still coming far outnumber those
quote=Noone]
Migrants overstaying their visa's isn't a South of the boarder problem, they don't have visa's. And it's far from a new problem.[/]quote] if they're here illegally it's still a problem

. Sorry your tTraitor tRump" bullshit, destroys any sense you tried to make. Have a day.

 

Which shows the problem, since March, has definitely turning in favor of Americans. And was only upside down for about 11 of 22 months. Which is better that the rest of the world has done and not bad coming out of a pandemic.

 

Sorry you don't like me calling tRaitor tRump ... tRraitor tRump. But if the shoe fits, and is sure does. What "YOU" think of it is irrelevant ... to me.

 

The graph above says otherwise.

 

Except the inflation graph is nonsense; if fails to show year over year compounding.

This is more representative of the effects of inflation:

 

That’s equally unfair, or even more so. Current CPI IS 4%, which is better than the graph I posted.

 

It's 5.4% on top of what it was last year. CPI is cumulative. as my chart shows.

 

No it’s not, it’s currently 4% calculated annually. So right now it’s 4% over this time last year.
https://www.bls.gov/cpi/

 

That's what I just said.

 

No it's not. You're chart says we're 300% over a 1984 base.
Which is totally misleading.

 

That's an index number - the value of the CPI.

 

Whatever. It’s misleading. Making inflation seem exponentially worse than it is.

If you believe your own numbers it’s no wonder you’re paranoid. But I believe you know better and are attempting to get the uneducated riled up by what amounts to propaganda.

In our current “Central Bank / Fiat Currency” paradigm some inflation is necessary, so even 4% is really only half as bad as it sounds.

But you know that and are relying on ignorance to get away with your misleading numbers.

 

You do realize that if we calculate inflation in the same manner that we did in the 1980’s our inflation would be around 13% right?

 

Try again Wrong chart.

 

You do realize that we don’t calculate it that way? And if we did tRaitor tRump’s administration would have looked horrible to. Your side wants to pull any stunt they can to make President Biden look bad.

 

I think it’s hard to say the economy is doing good when the average home takes an income of $117k a year. We are seeing a rise in homelessness for a reason and it’s the cost of essential needs. Everything has skyrocketed in prices and nothing has came down. I spent $260 dollars at the grocery store for a half cart full of food just last night. That’s ridiculous. I wouldn’t say it’s doing good. And when inflation goes up in consumer necessities it only stands to reason that consumer spending is also going up. I wouldn’t celebrate over any of this economy.

 

Except that it was Ronald Reagan that started us down this path of voodoo economics. TRaitor tRump’s tax cut, which was actually Mitch McConnell’s tax cut, was Voodoo-Trickel-Down 2.0.

President Biden is playing the post pandemic economic hand he was dealt. And, doing it better than anyone else in the world.

 

Good observation! And the really galling thing is that while Democrats cheer their inflated GDP numbers, they completely ignore (IGNORE) the fact that our national debt-versus-GDP is currently at 121%. As I've posted about dozen times, any ratio greater than 77% is considered to be a slow-walk into irreversible economic disaster!

Fact: We spend more money now on INTEREST on the national debt than we do on NATIONAL DEFENSE! Here's the TRUTH of the matter, written two days ago --

Link: https://finance.yahoo.com/news/america-now-paying-more-interest-113000593.html#:~:text=The U.S. is also currently,the Treasury's latest monthly statement.

"Happy days are here again"...? My ass!

 

So why is it under Biden that the cost of homes have hit record levels rather than under the ones you complain of? Trumps tax code works and it’s exactly why democrats didn’t change the tax code while they had all 3 offices and why seen a record number of tax receipts under this tax code.

I realize that the liberals see an abundance of sense in taxing the rich to give to the poor. Has a Robinhood sense to it. However, over taxing the rich hinders investment, R&A, and jobs. It has many side effects that are unintended. The poor are the economy movers, they spend. But if you hinder the economy creators other countries will have dominance in technology and growth.

 

EXCEPT!!!! the time tRaitor tRump and his MAGrateA’s are “AGAINING” about is when “the rich” were taxed at over 70%!

 

Dems are the champions of the unintended consequence. But really democrat tax codes have almost nothing to do with making the economy work for everyone and almost everything to do with trying to micromanage economic activity.

 

The graph above doesn't even address the topic.