The evil, vile, demented, brain-dead democrats have officially killed-off the American Dream once-n-for-all!
- Thread starter CaptainStabbin1
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It’s far from over. The American dream is worth fighting for and it’s never over until the last battle of the war. There is still a long way to go. Slow and steady wins the game and there are plenty of signs that positive incremental change is already happening.
Always be on the right side of history and that vision is certainly NOT the Democrat vision of the future for this country.
RealClearPolitics - Election Other - President Biden Job Approval
RealClearPolitics - Election Other - President Biden Job Approval
This will likely age about as well as your previous posts NJ. Time will tell, but your tack record is rather dismal.
so you are spending another Thanksgiving alone..........
Initial signs inflation is moderating
All it takes is the highest interest rates in 20+ years and even then inflation will hang around 5% unless we have a meaningful recession.
Folks are vaccinated.
Thanks to Trump. Of course vaccines developed under Biden aren't very effective against current variants.
And our unemployment rate is near a 50-year low.
Just a bit higher than it was under Trump and growing.
America’s best days are ahead.
Recession looming
- Record Debt & Interest
- Debt will continue to increase due to higher rates and $5 trillion above and beyond Biden spending
- Education outcomes are in the tank
- Border is wide open (human trafficking, rape, deaths, drugs)
Yep, everything is great NJ. As long as you stay inside your trading account bubble and keep your thermostat down this winter.
"Government energy specialists predict that it will cost $931 to warm the typical home that is heated with natural gas between this month and March. That is up 28% from a year earlier in nominal terms. If it gets colder than federal weather forecasters expect, heating bills could be 51% more than last year for homes with gas-fueled furnaces and boilers, which is nearly half of U.S. households. A 19% year-over-year jump is anticipated if it is a warm winter."
Household debt and credit that total borrowing during the third quarter increased by $351 billion from the prior quarter to $16.51 trillion. Overall borrowing is $2.36 trillion higher than the level seen at the end of 2019. Meanwhile more than 60% are living paycheck to paycheck.
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This is the land of opportunity. If you're not doing well, that's on you. Period.
Yep this Democrat is doing great!
Fine. Your wife lives off taxation and your wealth is the result of borrowing the future away. But don't give us this BS about how Dem policies are working for everybody. Because they are not.
You can live in your own little bubble like the Nancy Pelosi's of the world and pretend that all is well and you are bettering society. Truth is, you hide in a house with no windows and see the world only through a lens that is approved by The Party.
the unemployment rate blustering is a red herring, imo. The participation rate is low, so fewer people that could work are not looking for work, so unemployment rate is lower. What folks who tout low unemployment rate fail to mention is that as a result of low participation rate fewer open jobs are being filled. Quite a few companies can't find workers which has the effect of rising salaries which has another effect of adding to inflation.
One of the boards more intelligent posters - can't remember if it was stabbin or eng89 - started a post recently to the effect of....how do people eat if they're not working"/? well, we know the answer, government handouts.
Ha! That goes against everything the left stands for. Don’t you know it is always whitey’s fault?
The labor participation rate goes down whenever the government pays people not to work. During the mortgage crisis unemployment benefits were extended to 99 weeks. During Covid the government not only extended benefits they enhanced them dramatically. People are eager to take advantage and while most people eventually return to work many don't. A mother (what's that?) might decide to stay home and tend to the kids. A senior age 63 might decide to simply ride it out until 65/66. When this happens it takes a long time for things to get back to equilibrium.
Some of our representatives are too dumb to learn. Others simply don't care because buying votes is their first priority.
You shouldn't be emulating a tone deaf president. He's clueless, like you. Nothing is reducing in the areas of food. Americans are struggling, not that you care. Not once have I ever seen you show any empathy for what Americans are dealing with. Just your elitist nonsense.
I’d be willing to bet that NJ isn’t nearly as wealthy as he claims to be!
My friend if you are part of the US economy, you live off government $$ in some degree.
Government spending $$ are everywhere and ripple through every nook and cranny of the economy.
I don’t think you understand what inflation rate is. A decrease in inflation rate does not equal a”reducing in the area of food”.
Only ignorant people such as yourself would interpret it that way.
Ahh, yeah I do. I have an economics degree. I get inflation. You saying this is laughable. The guy that literally preached, inflation was temporary. The same bullsh&t, this tone deaf president said. You were both wrong. This brain dead idiot you voted for has zero economic background. Just like you. Both clueless.
You actually posted Biden's tweet a few months ago that inflation was zero. It wasn't remotely zero, it simply didn't change. Stop embarrassing yourself.
That was me. And it was somewhat of a rhetorical thread.
People like @NJPSU, for example, were the recipients of "handouts" via the Fed, so he could "retire."
On that you are correct. The question is this: Are we better off with this much "rippling." I would say no.
You, like Catch, would say that government handouts and lucrative public pensions are good because that money goes into the economy. What you fail to see is that money can only go into the economy because it first came out of the economy. It then passed through hands that took their cut, just like a mobster "helping" in a neighborhood.
I finally agree with you. In fact I’ve been telling Bdgan for years that he’s received far more wealth from the Federal Reserve than any poor has gotten in a stimmy check.
I recognize what the Fed has done for people like me who own real estate and financial assets.
Because the United States is the global reserve currency much of the negative impact of our money printing is not felt in the United States.
And when that changes it is bye bye to the American false sense of an entitled standard of living. I have been trying to say this for years. People do not understand that the world helped finance the Cold War and many other wars that we thought we could afford. Without the world being forced into dollars the American worker is worth nothing more than a worker with the same skills anywhere else in the world.
The reserve currency status is evident in our perpetually lopsided trade balance. When the world stops taking dollars we are going to be forced into fair trade, which means we had better have some manufacturing. The most valuable resources this country has are its fossil fuels and farm land. Foreign entities should not be allowed to own those resources, and we should not be stupid enough to ignore them. That is a national security nightmare, a ticking time bomb that could impoverish this country.
The Democratic Party leaders understand none of this, or they simply don't care if the American People become impoverished. Sadly, I think it is both.
You always start with a good point but then go completely blind partisan pretending your Party isn’t guilty of the same behavior. It’s remarkable that your brain functions that way. It’s almost as if you were brainwashed. It’s the only explanation for why you can’t see it.
Both parties are guilty. Your party is way, way more guilty.
Your party is so guilty that we are headed towards becoming a Marxist state.
It's not coming out of the economy if it is deficit financed. Besides, much of the stuff that is "paid" for by taxes is more useful to society. Like roads and schools and defense. That's money the inbred can't use for tattoos or beer or fireworks.
The Democratic party understands that labor is cheaper in other parts of the world. The Democratic party understands that innovation has killed millions of jobs but that is ok because there are plenty of remaining needs for American workers to fulfill.
Did you complain when debt was over $25 trillion during the Trump years. How did the economy work then but not now? A difference of $5 trillion or so?
Yes, many here did. You're a broken record and don't pay attention.
I most certainly did pay attention. Then try to understand why we can live with debt. That we have to live with debt.
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