What worries me about a Biden 2nd Term

[taxme]

20 hours ago, Hodad said:

Name 3 economic metrics that you think are important.

Illegal Immigration. Gas prices. Food prices. Inflation is all due to the amount of money the government keeps borrowing and then spending most of that borrowed money on stupid WEF globalist Marxist policies. Giving hundreds of billions of American tax dollars to Ukraine and Israel is what is costing the American taxpayer's to have to pay more for everything they buy. So, what are your's? 

[Hodad]

On 5/9/2024 at 2:11 PM, taxme said:

Illegal Immigration. Gas prices. Food prices. Inflation is all due to the amount of money the government keeps borrowing and then spending most of that borrowed money on stupid WEF globalist Marxist policies. Giving hundreds of billions of American tax dollars to Ukraine and Israel is what is costing the American taxpayer's to have to pay more for everything they buy. So, what are your's? 

Illegal immigration is not any sort of economic metric. Neither are gas and food, aside from the fact they show up to some degree in actual metrics, inflation being the obvious example.

Gas prices are the product of a global oil market, and adjusted for inflation they are not historically high. In fact, they are the about the same/less than they were in 2017 and 2018 under Trump.

Food (and gas, for that matter) are compound answers starting with a war in Europe's breadbasket and a global supply chain that's still all jacked up from the pandemic. 

But because it's a strong economy job growth is high, unemployment is low and companies are competing for scarce talent. As a result, wages are growing faster than inflation. Gas and food cost more, but Americans have more to spend. And we're closing in on negating the "damage" from peak inflation. 

You're 0 for 3 on identifying metrics--well, maybe partial credit for identifying items within inflation. But their effects are being exaggerated for political drama. Any way you want to slice it, the economy is miles better than what Biden inherited. 

Oh, and BTW, foreign military aid is mostly arms and equipment. It has the same sort of stimulating impact on the economy that war does, though clearly in a smaller scale. 

 

Edited May 10 by Hodad

[CdnFox]

12 hours ago, Hodad said:

Illegal immigration is not any sort of economic metric. Neither are gas and food, aside from the fact they show up to some degree in actual metrics, inflation being the obvious example.

Gas is prices are the product of a global oil market, and adjusted for inflation they are not historically high. In fact, they are the about the same/less than they were in 2017 and 2018 under Trump.

Food (and gas, for that matter) are compound answers starting with a war in Europe's breadbasket and a global supply chain that's still all jacked up from the pandemic. 

But because it's a strong economy job growth is high, unemployment is low and companies are competing for scarce talent. As a result, wages are growing faster than inflation. Gas and food cost more, but Americans have more to spend. And we're closing in on negating the "damage" from peak inflation. 

You're 0 for 3 on identifying metrics--well, maybe partial credit for identifying items within inflation. But their effects are being exaggerated for political drama. Any way you want to slice it, the economy is miles better than what Biden inherited. 

Oh, and BTW, foreign military aid is mostly arms and equipment. It has the same sort of stimulating impact on the economy that war does, though clearly in a smaller scale. 

 

LOL -  hey @taxme,   you notice how this works right?  I gave recognized economic factors but they show biden's economy is weak so he ignores them.  You give legitimate economic factors which impact people so he claims they're not economic factors and tries to substitute his own  

He knows damn well he's wrong  Biden is spending a tonne of money to create the impression that the economy is good when really it's just being temporarily propped up by gov't spending.  But - he doesn't want to have to admit it so he won't accept any metric other than the ones that are in his talking points hand out  

This is why the dems will most likely lose the next election. 

[impartialobserver]

the 3 economic metrics that I rely on are 1) Real per capita GDP 2) Real Personal income and 3) Employment numbers as per QCEW. Some others are that are quite telling are 1. continued UI Claims  and 2. labor turnover as per JOLTS. 

[CdnFox]

8 minutes ago, impartialobserver said:

the 3 economic metrics that I rely on are 1) Real per capita GDP 2) Real Personal income and 3) Employment numbers as per QCEW. Some others are that are quite telling are 1. continued UI Claims  and 2. labor turnover as per JOLTS. 

So not inflation at all?

[impartialobserver]

1 minute ago, CdnFox said:

So not inflation at all?

Did you not know that "Real" means with inflation accounted for? 

[Nationalist]

To answer the OP.

EVERYTHING!

[Hodad]

1 hour ago, impartialobserver said:

the 3 economic metrics that I rely on are 1) Real per capita GDP 2) Real Personal income and 3) Employment numbers as per QCEW. Some others are that are quite telling are 1. continued UI Claims  and 2. labor turnover as per JOLTS. 

That's a great list. That info is freely available to anyone at FRED.

This is, generally speaking, a very healthy economy, both in absolute terms and certainly in relative terms. 

One can cherry pick a weak spot here or there, but people mindlessly repeating that the economy is awful are just blind to the facts that show otherwise.  

[impartialobserver]

16 minutes ago, Hodad said:

That's a great list. That info is freely available to anyone at FRED.

This is, generally speaking, a very healthy economy, both in absolute terms and certainly in relative terms. 

One can cherry pick a weak spot here or there, but people mindlessly repeating that the economy is awful are just blind to the facts that show otherwise.  

When folks are dissatisfied with who is president or just politics in general.. their complaining is predictable

1. inflation
2. unemployment rate is deceiving. The jobs are not "good jobs"

3. not enough repetitive, effort-based manufacturing jobs in their region. A region could add 500 jobs but they are customer service, retail, restaurant, or warehousing but that is not "true job growth" unless it is manufacturing.

Edited May 10 by impartialobserver

[Hodad]

23 minutes ago, impartialobserver said:

When folks are dissatisfied with who is president or just politics in general.. their complaining is predictable

1. inflation
2. unemployment rate is deceiving. The jobs are not "good jobs"

3. not enough repetitive, effort-based manufacturing jobs in their region. A region could add 500 jobs but they are customer service, retail, restaurant, or warehousing but that is not "true job growth" unless it is manufacturing.

My favorite is when Fox News helped conservative America discover U6 unemployment for the first time. Suddenly that was the "real" unemployment number and the media was cheating for Obama by using U3, which, of course, is what's been used almost universally for unemployment figures, unless some specific alternative is called out. 

And the #3 crowd (despite being wrong about "real" jobs) should be loving Biden, but they won't. 

[impartialobserver]

Just now, Hodad said:

My favorite is when Fox News helped conservative America discover U6 unemployment for the first time. Suddenly that was the "real" unemployment number and the media was cheating for Obama by using U3, which, of course, is what's been used almost universally for unemployment figures, unless some specific alternative is called out. 

And the #3 crowd (despite being wrong about "real" jobs) should be loving Biden, but they won't. 

The problem with the U6 is that it relies on the subjective opinion of a survey respondent. To deem that they are unemployed or underemployed for "economic reasons" is so subjective. When the U3 rate backs up their argument.. they use it. When it does not, well then it is garbage. 

[robosmith]

On 4/27/2024 at 3:33 AM, Nationalist said:

Has Trump been charged? No?

Bye.

Trump has been charged. Duh

Apparently FOS LIES didn't report the indictment, either. LMAO

[robosmith]

On 4/27/2024 at 6:49 AM, User said:

Now you are making stuff up. There is ZERO evidence that Trump was part of any plan to engage in violence. 

Trump did not go to court over any of his plans because he never executed them. He walked out of office peacefully. 

Trump did not send a mob, Trump engaged in a peaceful protest and left. 

 

Thanks for demonstrating the HUGE EXTENT of your IGNORANCE.

Only an exclusive FOS LIES viewer could be that ignorant.

[robosmith]

On 4/27/2024 at 7:41 AM, Nationalist said:

The cop has as much honor as you. Zero.

The cop was not charged and thus exonerated. ^YOUR OPINION means NOTHING.

[robosmith]

On 4/27/2024 at 10:22 AM, Deluge said:

Yupper, roborankled, which is why sometimes you have to do a little more research.  

I don't have to do anything to prove you lack a point you've not even disputed.

[robosmith]

On 4/28/2024 at 8:08 AM, Fluffypants said:

I cant wait until Trump is reelected and there are riots all over the country and the people try to tell us how their riots aren't an insurrection.

IF they're not done to disrupt the EC vote certification nor otherwise stop the transfer of power, they have nothing to do with "insurrection."

[robosmith]

On 5/1/2024 at 8:03 AM, Deluge said:

 

Anyone could get lost in a hedge maze. LMAO

[taxme]

16 hours ago, Hodad said:

Illegal immigration is not any sort of economic metric. Neither are gas and food, aside from the fact they show up to some degree in actual metrics, inflation being the obvious example.

Gas prices are the product of a global oil market, and adjusted for inflation they are not historically high. In fact, they are the about the same/less than they were in 2017 and 2018 under Trump.

Food (and gas, for that matter) are compound answers starting with a war in Europe's breadbasket and a global supply chain that's still all jacked up from the pandemic. 

But because it's a strong economy job growth is high, unemployment is low and companies are competing for scarce talent. As a result, wages are growing faster than inflation. Gas and food cost more, but Americans have more to spend. And we're closing in on negating the "damage" from peak inflation. 

You're 0 for 3 on identifying metrics--well, maybe partial credit for identifying items within inflation. But their effects are being exaggerated for political drama. Any way you want to slice it, the economy is miles better than what Biden inherited. 

Oh, and BTW, foreign military aid is mostly arms and equipment. It has the same sort of stimulating impact on the economy that war does, though clearly in a smaller scale. 

 

Nice try. When Trump was president, gas prices were hovering around $2.25 a gallon. Under Bidumbs bidenomics, the gas now hovers around $4.25 a gallon. Food prices are up approx. 40% since Bidumb took office. I will say this that you certainly like to show that Bidumb is your man or your AI robot man. Bidumb reads off of what the globalist prompter tells him to say. Trump does not need a prompter. 

Sadly, it would appear as though everybody running a business these days is trying to rip off everyone else. The WEF  globalist corporations are the worse for jacking up prices. Trump has aid that he will shut the border down and he has said the words "drill, baby, drill". Many of Bidumb's Marxist rules and regulations will be cut, and taxes and gas prices will go down. Things will only get better when Trump is back as President. Something you are very frightened to see happen. Too bad, and so sad for you. 😁

"Mostly arms and equipment", and the rest of the aid is American taxpayer's tax dollars. ☹️

[taxme]

On 5/2/2024 at 8:42 AM, Deluge said:

The list is certainly expandable, thats for damn sure. 

I am more concerned about the white folk in America and Canada. Priority #1 for me. We seem to be fast becoming a minority in North America today. Our white numbers are dropping like flies. Houston, we are having a white problem here. 😀

[Nationalist]

1 hour ago, robosmith said:

Trump has been charged. Duh

Apparently FOS LIES didn't report the indictment, either. LMAO

No he hasn't.  Name the charge.

1 hour ago, robosmith said:

The cop was not charged and thus exonerated. ^YOUR OPINION means NOTHING.

Ya I watched that kangaroo crap.

The man has no honor.!

[Hodad]

2 hours ago, taxme said:

Nice try. When Trump was president, gas prices were hovering around $2.25 a gallon. Under Bidumbs bidenomics, the gas now hovers around $4.25 a gallon. Food prices are up approx. 40% since Bidumb took office. I will say this that you certainly like to show that Bidumb is your man or your AI robot man. Bidumb reads off of what the globalist prompter tells him to say. Trump does not need a prompter. 

Sadly, it would appear as though everybody running a business these days is trying to rip off everyone else. The WEF  globalist corporations are the worse for jacking up prices. Trump has aid that he will shut the border down and he has said the words "drill, baby, drill". Many of Bidumb's Marxist rules and regulations will be cut, and taxes and gas prices will go down. Things will only get better when Trump is back as President. Something you are very frightened to see happen. Too bad, and so sad for you. 😁

"Mostly arms and equipment", and the rest of the aid is American taxpayer's tax dollars. ☹️

 

It's a single line, on a single graph. A literal child, even a toddler, can look at it and tell you which parts are higher and lower. 

Edited May 10 by Hodad

[taxme]

19 minutes ago, Hodad said:

 

It's a single line, on a single graph. A literal child, even a toddler, can look at it and tell you which parts are higher and lower. 

Who came out with that graph? One of your so called lefty liberal paid off globalist climate experts by chance? I can make up any chart and make it look like i know something. So, why did your graph show the Trump years? 

My graph would look good for the years between 2016 and 2020 when Trump was President and make another graph look bad when Bidumb was president. Graphs are not to be truly believed as they can be manipulated to look good or bad. It all depends on who is doing the graphing. Politics has a lot to do with many things. 🤔

[CdnFox]

6 hours ago, impartialobserver said:

Did you not know that "Real" means with inflation accounted for? 

Actually in canada it means the opposite.  We have 'real' vs "adjusted'.  Adjusted means accounting for inflation.  Real is actual numbers, no adjustments. 

So no  

However on top of that the current inflation rate is also a key factor regardless of whether you're looking at past performance adjusted or not.  If the inflation rate today was 50 percent, the fact that the GDP per capita in the past was high doesn't matter because we know that the economy is out of control moving forward. 

 

Edited May 11 by CdnFox

[CdnFox]

51 minutes ago, Hodad said:

 

It's a single line, on a single graph. A literal child, even a toddler, can look at it and tell you which parts are higher and lower. 

yeah.... and the toddler would note that they've been much higher in biden's time even after covid and are still trending higher than pre covid - and are on the rise again. 

Sooooooo.... 

[Hodad]

1 hour ago, taxme said:

Who came out with that graph? One of your so called lefty liberal paid off globalist climate experts by chance? I can make up any chart and make it look like i know something. So, why did your graph show the Trump years? 

My graph would look good for the years between 2016 and 2020 when Trump was President and make another graph look bad when Bidumb was president. Graphs are not to be truly believed as they can be manipulated to look good or bad. It all depends on who is doing the graphing. Politics has a lot to do with many things. 🤔

WTF is wrong with you? It's from the St. Louis Fed. I gave you the link. Graphs are just visual representations of data. The numbers are what they are. They look how they look. 

This is why you have no business debating the economy. You won't know anything. You apparently can't learn anything. 🤷‍♀️