Consumer Spending Grows by Just 0.1 Percent in May, Inflation Remains High

[ptif219]

Obama has already gone down in history as being in the top 10 presidents, you go ahead and laud the guy coming in dead fucking last, it shows how fucking ignorant you are.

According to Democrats. Obama had the slowest economic recovery since the great depression because of his record number of regulations that hurt small business and the economy

 

[ptif219]

You wouldn't be happy! And you would also realize the Democrats are not really the problem.

You just hate people for no reason. It's because Fox News tells you who to hate! And you are a SUCKER!

You believe everything FOX News says.

No it is because Democrats are hateful racist and bigots that hate this country. You can see it when Reagan was presiden and the hate just keeps getting worse and worse

 

[ptif219]

Sez the grease ball truck driver

You are onr of those idiots that hate truck drivers but if truckers stopped you would see how important they are

 

[Port Tack]

According to Democrats. Obama had the slowest economic recovery since the great depression because of his record number of regulations that hurt small business and the economy

Funny that after a republican gave us the worst reccession in history you complain about a democrat who fixed it. You admit that democrat fixed it, your only complaint is that he did it slowly? Then another republican took over and left us in worse condition than when he started. Now we have another democrat in there and the economy once again is getting better by the day. When are you right wingers going to put 2 and 2 together and get 4 instead of 3? Republicans are the ones constantly fucking things up and leaving them for the democrats to fix.

 

[Hawkeye10]

Funny that after a republican gave us the worst reccession in history you complain about a democrat who fixed it. You admit that democrat fixed it, your only complaint is that he did it slowly? Then another republican took over and left us in worse condition than when he started. Now we have another democrat in there and the economy once again is getting better by the day. When are you right wingers going to put 2 and 2 together and get 4 instead of 3? Republicans are the ones constantly fucking things up and leaving them for the democrats to fix.

As we watch America collapse with a President who is the victim of elder abuse "The D's fixed it!" is not a winning narrative.

Have you anything else?

 

[Port Tack]

No it is because Democrats are hateful racist and bigots that hate this country. You can see it when Reagan was presiden and the hate just keeps getting worse and worse

Every openly racist group today like kkk is populated by nothing but right wing bigots and racists and every fucking one of them endorses republicans in every election.

 

[Port Tack]

As we watch America collapse with a President who is the victim of elder abuse "The D's fixed it!" is not a winning narrative.

Have you anything else?

Our economy is doing nothing but getting better under Biden regardless of how much you care to deny it. what is collapsing? We were told there was going to be a recession yet your hopes for that are long gone, it ain't happenning. Growth is now outpacing inflation and things will only get better between now and the election. It is becoming obvious to the women, the young and anyone willing to listen to the facts that republicans are a fucking dead end.

 

[Phantasmal]

With Biden as president that won't happen. Democrats think it is great that inflation is now twice as high as when Biden took office. Inflation is not going away

Lol, inflation is down and compared to other industrialized nations we did a lot better than they. Turkey’s is still at 39%.

 

[Althea]

But the left will lie and tell us it’s the best ever.

It’s impossible to have a reasonable discussion with democrats anymore

Conversely, it's impossible to explain to morons that the Fed is actually achieving it's goal of reduced inflation.

I'm loving the higher ROI from treasuries and CDs right now. Hope it keeps up for a few years.

 

[Althea]

Easy to cherry pick economics indicators, unemployment fell to 3.4%, Americans are working, look long enough and anyone can find one to support what they want to say

They're too ignorant to realize that they're complaining about successful Fed policy.

They complain when the Fed artificially inflates the Markets (unless a Republican is in office)

They complain when the Fed liquidates

They clearly don't understand the issue.

 

[Althea]

If they tried that the entire nation would start laughing hysterically

At least Trump had the numbers to back up his claim

LOL

What numbers?

The trump virus ravaged the world economy. Especially the U.S economy

So the Fed pumped trillions in taxpayer money into the economy.

Are you talking about those numbers?

[h=1]Donald Trump And The Fed Have ‘Ended The Free Market’[/h]

 

[Althea]

The u30 is a terrible measure to use for employment. The employment rate or labor utilization rate in the US is at an all time low. That indicates that people are choosing not to work at all rather than our having full employment.

If you make it easy to get on welfare and the benefits are generous, many people will opt not to work rather than seek employment even when they could be employed.

2020 called.

It wants its Covid relief talking points back

 

[Althea]

Was there any particular reason like a... wait for it...

Pandemic maybe that caused that?

Or, are you blaming Trump for Chinese Disease too?

Yes.

He tried to hide it from U.S citizens for months. He destroyed the lives of millions of people.
The trump virus will go down in history as the biggest political blunder in decades.

Especially since he single handedly destroyed the Obama era program to avoid another pandemic, by firing dozens of scientists who were stationed in China.

Why does trump have Obama envy?

 

[Althea]

I don't blame or credit the president for the economy. They just hold on and hope it doesn't get too bad. You can point out both negatives and positives for the Trump and Biden economy, but each side only sees the good in their side and the bad in the other.

Democrats approve Biden's handling the economy and Republicans disapprove. The opposite was true for Trump. The independents make the difference.

I think it's also important to discern 'the economy' from 'the market'.

They often work in inverse proportion, and are often confused in discussion.

 

[Althea]

And they never LEAD or Create policy

He was only discussing public opinion, and objectivity

 

[Althea]

Yeah, but are they making it? That is the real question.

I know for a FACT Americans have close to 100% less disposable income than they had less than 2 decades ago.

Meaningless.

Did they have disposable income because nobody was paying taxes? (creating Dubyah's horrible economic results)

Did they have disposable because they refinanced their homes at 125% of value? (creating Dubyah's near depression)

 

[Althea]

Three years ago MAGAs practically guaranteed us an unprecedented economic depression if Americans dared to elect Biden.

Now they are plumbing the depths of economic data to find anything that even remotely indicates Biden can be blamed for something economic.

Two choices:

A. They don't understand the complexity of the issue they try to discuss

B. They are simply trolls who believe that nobody understands the complexity...so they can get away with lies.

 

[Althea]

It's not a perfect world. So you better get used to it!

Low interest rates: Everyone owns a home regardless of ability to pay a mortgage. They cite great housing numbers.

High interest rates: Only people with good credit and income can afford a mortgage. Housing numbers slow, but so does default.

They will always have something to complain about if their party isn't in office

 

[Althea]

Sure. The Veterans’ Access to Care through Choice, Accountability, and Transparency Act of 2014 passed under Obama Trump takes credit for.

The "largest tax cut in historyl"

The "best economy in history"

The largest inauguration crowd

Winning the popular vote in 2016

Winning the presidential election in 2020

And many more...

And my personal favorite:

Lowest black unemployment in history.

Obama era rate dropped 8%, making it near record lows.

trump era drops 2.5%, further lowering the rate to historic lows.

Then Covid came.

 

[Tinkerpeach]

LOL

What numbers?

The trump virus ravaged the world economy. Especially the U.S economy

So the Fed pumped trillions in taxpayer money into the economy.

Are you talking about those numbers?

[h=1]Donald Trump And The Fed Have ‘Ended The Free Market’[/h]

Before Covid he had great numbers.