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Post by ferris1248 on Jan 19, 2024 17:43:44 GMT -5
luapnor's too.
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BIDENOMICS
Jan 19, 2024 17:56:31 GMT -5
via mobile
Post by tonyroma on Jan 19, 2024 17:56:31 GMT -5
Ya, but, but…..that’s not the real economy. Ranch dressing is 5 bucks.
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Post by Tarponator on Jan 19, 2024 20:11:37 GMT -5
VFINX FTW!
Thanks Joe!
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Post by luapnor on Jan 19, 2024 21:22:24 GMT -5
Correct, sometimes they just go out of business. Gloom and doom is all you know. Businesses are seeing near record sales and profits. Productivity has increased, people are working more hours to keep up with demand. This causes wages to increase with no increases in cost of merchandise. Just admit you were wrong again. Doing what you do best... moving the goal posts to where you kicked. You should try harder to not make is so obvious. Just because your bookclub pretends to know what you are talking about doesnt make you right. |
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Post by Captj on Jan 20, 2024 7:55:52 GMT -5
Wages go up do to the competition for workers. Overhead is driven by many factors with wages being but one factor. Thing is, you can only increase volume to a certain point by limiting the amount of employees. Energy efficiency, sales motivators, infrastructure investment, retooling for greater efficiencies are but a few of the variables impacting how business can compete in a free market. It's easy to point out failure without investigating the underlying causes. How about executive bonuses in the multi millions? Or our competition against state run entities (China in particular) that are taking advantage of the free market. Not to be left out would be out government's complete lack of assistance in the export marketplace (with the exception of our military industrial machine) especially in the import export sector. Something I've knowledge about as I competed with Chinese exports of food to the Caribbean region for over 30 years. The bureaucracy in Washington is only interested in sound bites that make many of the less educated to business dealings feel comfortable. And the longevity of their jobs. Must be nice, I had to work for a living.
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Post by cadman on Jan 20, 2024 8:44:31 GMT -5
Gloom and doom is all you know. Businesses are seeing near record sales and profits. Productivity has increased, people are working more hours to keep up with demand. This causes wages to increase with no increases in cost of merchandise. Just admit you were wrong again. Doing what you do best... moving the goal posts to where you kicked. You should try harder to not make is so obvious. Just because your bookclub pretends to know what you are talking about doesnt make you right. You are funny and predictable, just one excuse or another when it is much simpler for you to say you were wrong. Wage increases are not inflation. I haven't moved any goal posts. Just proved your statement was WRONG! it can be due to many factors. Why make yourself look any dumber? |
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BIDENOMICS
Jan 22, 2024 16:38:48 GMT -5
via mobile
Post by biminitwisted on Jan 22, 2024 16:38:48 GMT -5
BREAKING: Dow Jones closes above 38,000 for the first time in history
Here’s why that’s bad for Joe Biden
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BIDENOMICS
Jan 22, 2024 17:08:52 GMT -5
via mobile
Post by PolarsStepdad on Jan 22, 2024 17:08:52 GMT -5
Sigh* gonna be a helluva crash when the damn breaks
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Post by biminitwisted on Jan 22, 2024 21:01:38 GMT -5
Like Trump said, the economy always does better under Democrats!
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Post by biminitwisted on Jan 22, 2024 21:18:16 GMT -5
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Post by OhMy on Jan 22, 2024 21:36:39 GMT -5
You are so near sighted. We are 3+ years into this mumble mouth's economy and he hit new highs today and you are proud? Trump in his 4 years had 126 new all-time highs I do not know why you think that would be a bragging point for Biden. Save this thread for Nov. 2024 and let me know how many new highs were recorded. BTW, we all know that stopped due to Covid. Trump did not create covid. Remember your response... let all the MAGA unvaccinated people die, they are killing society. It shows how your mind works, you are a follower not a leader. You believe anything the government tells you as long as it was some politician you voted for... |
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Post by biminitwisted on Jan 22, 2024 21:49:24 GMT -5
You are so near sighted. We are 3+ years into this mumble mouth's economy and he hit new highs today and you are proud? Trump in his 4 years had 126 new all-time highs I do not know why you think that would be a bragging point for Biden. Save this thread for Nov. 2024 and let me know how many new highs were recorded. BTW, we all know that stopped due to Covid. Trump did not create covid. Remember your response... let all the MAGA unvaccinated people die, they are killing society. It shows how your mind works, you are a follower not a leader. You believe anything the government tells you as long as it was some politician you voted for... Trump set the bar as the stock market being being the measure of a president's economic success. Trump said (and many others) said that the market would crash if Biden got elected. It didn't |
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Post by Tarponator on Jan 22, 2024 22:00:20 GMT -5
There's still some time!
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Post by dragonbait on Jan 23, 2024 7:14:55 GMT -5
You are so near sighted. We are 3+ years into this mumble mouth's economy and he hit new highs today and you are proud? Trump in his 4 years had 126 new all-time highs I do not know why you think that would be a bragging point for Biden. Save this thread for Nov. 2024 and let me know how many new highs were recorded. BTW, we all know that stopped due to Covid. Trump did not create covid. Remember your response... let all the MAGA unvaccinated people die, they are killing society. It shows how your mind works, you are a follower not a leader. You believe anything the government tells you as long as it was some politician you voted for... Tfg entered the office under the longest bull market evah, thanks Obama |
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Post by meateater on Jan 23, 2024 10:07:51 GMT -5
the market will crash if not this year then next. all the spending from covid till now will catch up with us soon. if its this year biden will blame trump, next year still blame trump if he is still in charge and if trumps in charge he will say told you so and blame biden. nobody in washington admits there mistakes.
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BIDENOMICS
Jan 23, 2024 14:21:29 GMT -5
via mobile
Post by dragonbait on Jan 23, 2024 14:21:29 GMT -5
Tell me again who's better for the economy?
The Dow topped 38k first time ever. Oil and gas production/exports is at an all-time high. Inflation is falling faster than Trump walking down a ramp. Low unemployment. Infrastructure projects in every state
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Post by deepdropper on Jan 23, 2024 14:25:31 GMT -5
If the economy is so bad then why is Trump hoping it tanks to help him get re-elected? Can't be both
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Post by nuevowavo on Jan 23, 2024 14:47:46 GMT -5
Trump in his 4 years had 126 new all-time highs I do not know why you think that would be a bragging point for Biden. Save this thread for Nov. 2024 and let me know how many new highs were recorded. Some fun facts. Spin them as you wish:
S & P 500 hit 68 new highs in Biden's 1st year. It was up 25% in that period. Trump had 61 new highs his 1st year.
Obama's 1st year the S & P was up 31%, vs. Trump's 1st year gain of 18%
Trump had the advantage of piggybacking on Obama's huge bull market. Biden had the bad luck to be President during the Fed's tightening moves starting in '22. But it could be said that the market's performance under Biden was more impressive, having reached a new high coming out of that bear market.
Not that any of them had a major effect on the market, and it's certainly not a reason to vote for anyone.
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Post by biminitwisted on Jan 23, 2024 14:51:59 GMT -5
Trump in his 4 years had 126 new all-time highs I do not know why you think that would be a bragging point for Biden. Save this thread for Nov. 2024 and let me know how many new highs were recorded. Some fun facts. Spin them as you wish:
S & P 500 hit 68 new highs in Biden's 1st year. It was up 25% in that period. Trump had 61 new highs his 1st year.
Obama's 1st year the S & P was up 31%, vs. Trump's 1st year gain of 18%
Trump had the advantage of piggybacking on Obama's huge bull market. Biden had the bad luck to be President during the Fed's tightening moves starting in '22. But it could be said that the market's performance under Biden was more impressive, having reached a new high coming out of that bear market.
Not that any of them had a major effect on the market, and it's certainly not a reason to vote for anyone.
Wait, so Trump is right when he says the economy does better under Democrats? I wonder why the cultists ignore that little fact? |
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Post by luapnor on Jan 23, 2024 15:26:24 GMT -5
Trump in his 4 years had 126 new all-time highs I do not know why you think that would be a bragging point for Biden. Save this thread for Nov. 2024 and let me know how many new highs were recorded. Some fun facts. Spin them as you wish:
S & P 500 hit 68 new highs in Biden's 1st year. It was up 25% in that period. Trump had 61 new highs his 1st year.
Obama's 1st year the S & P was up 31%, vs. Trump's 1st year gain of 18%
Trump had the advantage of piggybacking on Obama's huge bull market. Biden had the bad luck to be President during the Fed's tightening moves starting in '22. But it could be said that the market's performance under Biden was more impressive, having reached a new high coming out of that bear market.
Not that any of them had a major effect on the market, and it's certainly not a reason to vote for anyone.
So you are claiming that stock market highs are an indicator of a good economy? |
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Post by Captj on Jan 23, 2024 15:38:19 GMT -5
Like he said, if the market tanks it's Biden's fault. If it continues on it's current run it's all due to TRump's tax cuts. Another Magit win - in their own simple little minds.
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Post by nuevowavo on Jan 23, 2024 16:22:43 GMT -5
Some fun facts. Spin them as you wish:
S & P 500 hit 68 new highs in Biden's 1st year. It was up 25% in that period. Trump had 61 new highs his 1st year.
Obama's 1st year the S & P was up 31%, vs. Trump's 1st year gain of 18%
Trump had the advantage of piggybacking on Obama's huge bull market. Biden had the bad luck to be President during the Fed's tightening moves starting in '22. But it could be said that the market's performance under Biden was more impressive, having reached a new high coming out of that bear market.
Not that any of them had a major effect on the market, and it's certainly not a reason to vote for anyone.
So you are claiming that stock market highs are an indicator of a good economy?
I get the feeling that English isn't your first language.
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Post by luapnor on Jan 23, 2024 16:30:25 GMT -5
You were the one bragging about the stock market comparing jojos and bammers to trumps. Maybe you are the one struggling.
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Post by meateater on Jan 24, 2024 12:05:35 GMT -5
if your not in the stock market you dont give a shit so not gonna sway your vote, my shitty little 401k went crazy under trump then took a shit under biden just now its back to where it was 3 years ago so i havent gained or lost,, yippy thats my only experience with the stock market.
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Post by nuevowavo on Jan 24, 2024 14:17:38 GMT -5
if your not in the stock market you dont give a shit so not gonna sway your vote, my shitty little 401k went crazy under trump then took a shit under biden just now its back to where it was 3 years ago so i havent gained or lost,, yippy thats my only experience with the stock market.
Are you still contributing to the 401k? Because if you are, you should be happy the market went down. You bought much cheaper stock that since has appreciated . You should only care about the market level when you're close to retirement.
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Post by nuevowavo on Jan 24, 2024 14:19:50 GMT -5
You were the one bragging about the stock market comparing jojos and bammers to trumps. Maybe you are the one struggling.
I never compared market performance to the economy. Comprender?
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Post by Tarponator on Jan 24, 2024 14:42:16 GMT -5
Nope. In one ear and out the other.
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Post by meateater on Jan 24, 2024 15:45:39 GMT -5
if your not in the stock market you dont give a shit so not gonna sway your vote, my shitty little 401k went crazy under trump then took a shit under biden just now its back to where it was 3 years ago so i havent gained or lost,, yippy thats my only experience with the stock market.
Are you still contributing to the 401k? Because if you are, you should be happy the market went down. You bought much cheaper stock that since has appreciated . You should only care about the market level when you're close to retirement.
its a primerica account and i still contribute every month, i dont pick or choose anything just put money in it and check balance every month or 2. 22 years ive had it and for 5 years company i worked for did a match up to a certain amount so i did the max those 5 years , overall im pleased with it but i did see the drop few years back and have no clue why but its working its way back up. |
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Post by Tarponator on Jan 24, 2024 17:59:16 GMT -5
Covid was the reason.
Thankfully the adults are in charge again, at least partially.
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BIDENOMICS
Jan 25, 2024 14:17:11 GMT -5
via mobile
Post by dragonbait on Jan 25, 2024 14:17:11 GMT -5
GDP continues to grow at an amazing rate. Q4 jumped up another 3.3%. That is a stunning 25% since Biden took office
Thanks Joe
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