White House says Americans feel better about their personal finances because of Biden's policies

Discussion in 'Political Opinions & Beliefs' started by Steve N, Jun 27, 2023.

  1. JonK22

    JonK22 Well-Known Member

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    If so why from 1945-1980 did the "rich" recieve 6%-10% of the entire piece of the pie (Total AGI in US) but jump up to 23% post Reaganomics? Think Gov't policy doesn't matter?

    https://taxfoundation.org/publications/latest-federal-income-tax-data/
     
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  2. Gateman_Wen

    Gateman_Wen Well-Known Member

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    Explain how.
     
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  3. Gateman_Wen

    Gateman_Wen Well-Known Member

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    Dooooooooooooood.

    That's not how math works, lol
     
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  4. Jolly Penguin

    Jolly Penguin Well-Known Member

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    I think most people probably feel things are more stable under Biden (even if they are not) just because of their respective public images. Trump was seen as less predictable and easily led by his ego, making him easy to manipulate. Biden is seen as an old man who would probably be seen as somewhat easy to manipulate too, but in a more predictable direction.
     
  5. Gateman_Wen

    Gateman_Wen Well-Known Member

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    Yeah, I just paid nearly $50K for a minivan, if you can believe that.

    On the plus side the Porsche is not depreciating at all.
     
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  6. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Seems like conservatives don't want to talk about the stock market today ;), or in recent weeks? I know, I know, it probably won't last, but enjoy your fleeting wealth in your 401k, at least for a weekend. I probably "made" +20k last week from stocks alone, although I won't know because I don't check my holdings constantly, unlike the day traders. If Trump was still in office, we'd have endless "thank you Trump" threads about this. MAGA, right?

    Note in edit: By posting this, I probably doomed the rally :).
     
    Last edited: Jun 30, 2023
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  7. nopartisanbull

    nopartisanbull Well-Known Member

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    I don’t know.

    All I know is my SOCIALIST farmer Great Grandpa immigrated from Norway to North Dakota in 1904, and the only thing he socialized is the Bank of North Dakota…..because back then, there was a necessity for socialism.

    However, he was also a doer and a go-getter…. In 1910, him and his brother started a “for-profit” construction company….still active today.

    Next Generation, mixed-economy FARMER Grandpa opened up a mechanical, welding, and electrical shop.

    Fast forward….Today, my family name owns at least 20% of my County’s economy.

    Isn’t that amazing?

    My question to you; Should the USCIS refuse “Socialists” in quotation?
     
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  8. JonK22

    JonK22 Well-Known Member

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    IT'S CALLED GOV'T POLICY, IT MATTERS

    [​IMG]



    Cool, I hope they recognize the obligation of paying it forward (TAXES) and not become hoarders like the Walton's, Mars, Koch's, etc

    NO, SOCIALISTS COME FROM Canada, Portugal , Bangladesh, India, etc
     
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  9. JonK22

    JonK22 Well-Known Member

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    Bank of ND
    https://thebndstory.nd.gov/years-of-desperation/the-bank-survives/

    Why isn't there a need now? Think health care should be driven by profit?

    How about we keep bailing out the Banksters? Ronnie Reagan did it with the S&L's, Clinton with the Latin America/Asia debt crisis, Dubya with the subprime crisis. When will the US decide these thieves aren't helping the USA?
     
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  10. Noone

    Noone Well-Known Member

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    WTF are you talking about. The guy holding the helmet is smiling, as are others. The black guy looks like he’s having a serious conversation with his Commander in Chief.

    The more you slander President Biden the more obvious it is you … have nothing.
     
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  11. Noone

    Noone Well-Known Member

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    The better question is if tRaitor tRump got the keys, how long would it take him to tank the economy … AGAIN?
     
  12. ToughTalk

    ToughTalk Well-Known Member

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    Oh you mean when I'm not talking about crazy inflation, the Southern border being an absolute gong show, growing racial and social divide...an inept pull out from Afghanistan, half the world is dropping our currency or the fact that we are the closest to WW3 than we have ever been since the Cuban missile crisis?

    That dude holding the helmet doesn't know what the **** is going on and it's clear Biden just decides to leave based on everyone scrambling to stand up in respect as he shuffles out to go get his next ice cream.

    Dude is done. He's mentally not there and his policies both social, economic and foreign haven't been great.
     
  13. nopartisanbull

    nopartisanbull Well-Known Member

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    State-owned Bank of North Dakota

    a. Total assets; $10 billion
    b. CEO/President 2022 compensation; $400,000
    c. 2022 profits transferred to the State’s General Fund; $150 million

    ———-

    As I stated, Norwegian immigrants socialized the Bank of North Dakota, and my Great Grandpa was an active member of the Nonpartisan League Party.
     
  14. nopartisanbull

    nopartisanbull Well-Known Member

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    Both policies and GREED.

    Note; Norwegian business owners aren’t greedy, and their employees are well paid.
     
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  15. Noone

    Noone Well-Known Member

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    Wow, you must have gotten high marks in your creative writing class, because ALL of that is bullshit. President Biden pulled us back from the social and economic meltdown tRaitor tRump created. He moves a little slow, talks a little slow but, he IS as sharp as a tack and laser focused on building a better United States than he inherited from tRaitor tRump.
     
    Last edited: Jul 1, 2023
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  16. Chrizton

    Chrizton Well-Known Member

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    Mine got better under Biden. Doesn't have anything to do with Biden though. It just has to do with where I am in life and my cheapskate ways that prioritizes paying as few people as possible. I literally owe nobody but the Department of Education money. Interest is the devil. People need to avoid having to pay it if at all possible.
     
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  17. nopartisanbull

    nopartisanbull Well-Known Member

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    I’m a Covid early retiree, left the labor force at age 58. 2019 take home pay; $145,000

    Sole proprietor since March 2022
    2023 estimated take home pay; $145,000

    Geeeeeeze, as a sole proprietor, how I managed to match my 2019 take home pay?

    Answer; Because I’m a Doer/Go-getter!

    As I stated, in this country, the real MAGA’s are the Doers and Go-getters, and certainly not the whiners/complainers.
     
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  18. ToughTalk

    ToughTalk Well-Known Member

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    LOL...

    I Honestly am thankful for every damn day that Biden doesn't have a stroke which would leave her in charge.

    But ya, sorry bud. Everything sucks right now. You can parade around like it's all well and good but the reality is inflation went through the roof. the border stats are a mess. half the world IS dropping our currency or planning on dropping our currency...and we are closer to WW3 then we have ever been. The trans **** being backed and pushed by the democrats in schools is a loser policy as is the CRT nonsense.

    If I were you? I'd swap horses to RFK
     
  19. Chrizton

    Chrizton Well-Known Member

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    I may be on my own at the end of this year. The owners of the company I work for plan to retire and shut down their business. They had planned to do it last December but decided to put it off for another year as there were things that would take awhile to wrap up. I am not 100% committed one way or the other. I am stockpiling my pennies and eyeballing Indeed at the same time. I just know I have zero intention of moving somewhere else for work. If nothing else, I can mow yards during the day and OnlyFans at night :rock_slayer: LOL. I won't be between a rock and a hard place either way I assume. I can always defer my student loan payments, obamacare my health insurance, and everything else is paid for, so I just need to keep the lights on and food in the fridge until I decide what is the best situation for me..
     
  20. Noone

    Noone Well-Known Member

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    Vice-President Harris just might step and surprise everybody. She’s not a great politician, but she’s a proven manager; she would probably make a GREAT executive.


    But, President Biden is doing an excellent job of leading OUR Country and, cleaning up tRaitor tRump’s mess.

    Actually considering we’re coming back from a pandemic, made much worse than it needed to be by tRaitor tRump, These United States are in remarkably GREAT shape! 8)
     
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  21. nopartisanbull

    nopartisanbull Well-Known Member

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    In addition to the above, here’s the full story;

    Back in mid 2021, I got a hint that Biden’s $1 trillion Infrastructure would allocate billions towards plugging orphaned oil&gas well.

    Bingo!

    From 1984 to 2019, I was a project coordinator for Big Oil&Gas, thus, in reference to said allocation of funds, I’ve long known the Contacts/Key individuals.

    At an auction, I bought a 450 Dually with Picker for $42,000……I needed a picker to hoist Horse-heads, Pump Jacks, and other heavy structures, both above and underground.

    Note; As a farm owner, I’ve already owned a mini excavator, a Bobcat, and a gooseneck trailer.

    Job Description;

    At X location, I initially remove several structures, and I also get paid approx. $200 a ton for scrap steel.

    Next, a Service Rig plugs the well…a two-day program.

    I then go back to same location to remove the well’s flow lines, both above and underground, and then, remediate the land.

    Easy work!……2023’s projected revenue; $325,000.

    I pay my helper $30/hr, and half of the job is travel time.

    In addition, I have no competition as my CONTACTS only want to do business with ME.

    Last, approx. 20 States have received said infrastructure funding, and mainly Red States.
     
    Last edited: Jul 1, 2023
  22. JonK22

    JonK22 Well-Known Member

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    Yeah I know, why don't we socialize ALL the banks instead of keep bailing them out, as I said, Reagan's S&L, Clinton's Lartin America/Asia debt crisis then Dubya's subprime fiasco

    upload_2023-7-3_16-53-40.png
     
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  23. Green Man

    Green Man Banned

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    Bailouts are not capitalism, that's called socialism. This specific kind of socialism is called corporatism.
     
  24. Steve N

    Steve N Well-Known Member Past Donor

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    Biden is causing financial pain on all Americans who aren’t being wired millions from China, Romania and Ukraine.

    Biden’s regulations costing Americans $10K per household: Watchdog

    A raft of regulations enacted by the Biden administration is pinching Americans’ wallets to the tune of nearly $10,000 per household as of the end of last year, according to a budget watchdog group.

    Should Biden’s regulatory trajectory keep pace with that of his former boss, Barack Obama, the cost will skyrocket to roughly $60,000 per household by the end of Biden’s possible second term in office, the Committee to Unleash Prosperity estimated in a recent report that measured “current and expected future costs.”



    https://nypost.com/2023/07/04/bidens-regulations-cost-households-10k-watchdog/
     
  25. JonK22

    JonK22 Well-Known Member

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    Total intentional misunderstanding of what setting goals means

    Committee to Unleash Prosperity, lol

    Steve Forbes
    Chairman and Editor-in-Chief of Forbes Media


    Dr. Arthur B. Laffer
    Founder & Chairman of Laffer Associates


    Steve Moore
    Club 4 Growth Founder, Heritage Economist, Wall Street Journal Writer

    https://committeetounleashprosperity.com/our-founders/

    REALLY CREDIBLE, LMAOROG
     

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