The Biden Economy

[Oerets]

The country may not be in fact a majority of spoiled entitled crybabies winning about high prices and low pay. Blaming the wrong causes for the current state of their lives. Just seems so by the coverage.

Focused on the top in a country that is not run by one man or party.
Yet!

Taking little self examinations blaming one political party in a Democracy. Like the reliance on fossil fuels supplied by countries hostile to our country. To the added costs of climate change and migration associated with these changes. Unchecked greed by the lack of regulations or enforcement.

The growing divisions in wealth and taxing inequality. The rich receiving a free ride when compared to the majority.

Then the added insult the only voices they seem to hear is one of hate and diversion.

This is why the message screening lair at the President will go further then the ones of positive results so far.

[Chicks]

Biden pledge to fix ‘unfair’ economy resonates with Americans
https://thehill.com/finance/3853209-...ith-americans/

Bad news for MAGAMorons! Biden can master populism as well as Donny, without the hate-mongering. Sorry, Whell!

[finnbow]

Originally Posted by Chicks

Biden pledge to fix ‘unfair’ economy resonates with Americans
https://thehill.com/finance/3853209-...ith-americans/

Bad news for MAGAMorons! Biden can master populism as well as Donny, without the hate-mongering. Sorry, Whell!

It is the hate-mongering and not the policies that make Trump popular with his base. He hates the same people they do.

[nailer]

People who want jobs can find them. Everybody in the areas of Dallas where I use my CC are hiring. Lots of low paying jobs out there. Many choose not to work. Pretty sure they are not counted in unemployment rate calculations.

Biden is doing and saying what the Democrat president would with regards to the economy. At present, what the Fed does is going to determine the state of the economy.

[Dondilion]

Originally Posted by nailer

People who want jobs can find them. Everybody in the areas of Dallas where I use my CC are hiring. Lots of low paying jobs out there. Many choose not to work. Pretty sure they are not counted in unemployment rate calculations.

Biden is doing and saying what the Democrat president would with regards to the economy. At present, what the Fed does is going to determine the state of the economy.

Yeah lots of low paying jobs. Here in Florida the argument is that more effort should be made to create jobs with living wage. The efforts on such like hospitality are self defeating. Workers cannot afford food, transport and shelter.

The verdict on the Fed and Biden wil be determined by the the supermarket. Supermarket is where it's at.

The cacophony in the economic arena cannot effectively confuse what occurs in supermarket.

[nailer]

Originally Posted by Dondilion

Yeah lots of low paying jobs. Here in Florida the argument is that more effort should be made to create jobs with living wage. The efforts on such like hospitality are self defeating. Workers cannot afford food, transport and shelter.

The verdict on the Fed and Biden wil be determined by the the supermarket. Supermarket is where it's at.

The cacophony in the economic arena cannot effectively confuse what occurs in supermarket.

Biden's verdict will be decided by a special jury in 2024, but only if he survives the primaries.

The Fed is the USA. Above the political fray when it counts most economically. All those dollars floating around out there carry the Federal Reserve brand which are backed by the economic strength of the country. Economic strength is to a certain degree perception ...

[Rajoo]

Originally Posted by nailer

Biden's verdict will be decided by a special jury in 2024, but only if he survives the primaries.

The Fed is the USA. Above the political when it counts most economically. All those dollars floating around out there carry the Federal Reserve brand which backed by the economic strength of country. Economic strength is to a certain degree perception ...

Finally a point we can agree on.

My own perception is that as long as we can run deficits indefinitely with once a decade "middle class" tax cuts to the rich as a nod to Reaganomics, our economy will do fine. Of course deficit reduction plans and debt ceiling fights are the annual drama we have to put up with, but not for the federal employees. If there is a shutdown, they will get a complementary paid vacation.

[whell]

Originally Posted by finnbow

It is the hate-mongering and not the policies that make Trump popular with his base. He hates the same people they do.

Strawman argument alert!

[whell]

Originally Posted by Rajoo

Finally a point we can agree on.

My own perception is that as long as we can run deficits indefinitely with once a decade "middle class" tax cuts to the rich as a nod to Reaganomics, our economy will do fine. Of course deficit reduction plans and debt ceiling fights are the annual drama we have to put up with, but not for the federal employees. If there is a shutdown, they will get a complementary paid vacation.

I recall a college history professor who, when the subject of US debt came up in class, observed that any entity's financial solvency is a function of assets outweighing liabilities. He suggested that when this logic was applied to the US government, the value of assets would far exceed liabilities.

This was in the late 1970's, when liabilities were already exceeding assets. At least he wasn't an Economics professor.

[Oerets]

Liabilities exceeding assets.....

The answer for some is pay as you go. Yet they want others to pay, choosing to keep their wealth. Not wanting to pay for others less fortunate then them.

Much like the long term care issue and the answer some choose to protect assets. Appears everyone is in agreement that receiving care should not cause financial ruin. That just because you have assets are treated differently then those who don't. Taking steps to protect assets by setting up trusts or other legal means. Forcing the rest of the country to pay your way.

The argument now of the national debt. Increasing revinue is the steps forward needed with increased oversight of where the money goes. There is not a lot of cutting left without serious pain and loss of our way of life.