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It's a matter of Bidenomics!

Discussion in 'BBS Hangout: Debate & Discussion' started by adoo, Jun 28, 2023.

  1. astros123

    astros123 Member

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    This dude is the alternative account for @El_Conquistador. I wager you any sum of $$
     
  2. Space Ghost

    Space Ghost Contributing Member

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    Team JPowell doesn't care what happens to the Biden administration

     
  3. adoo

    adoo Member

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    As a result of the Infrastructure Investment and Jobs Act, Billions were allocated to Texas alone

    approximately $12.6 billion has been announced for transportation – to invest in roads, bridges, public transit, ports and airports –
    and roughly $1 billion has been announced for clean water in Texas. And, as of today, more than 1,359,000 households across the state are receiving
    affordable high-speed internet due to the Bipartisan Infrastructure Law.” Approximately $35 billion will be invested in Texas in total​

    lots of Washingyon elites live in Texas
     
    TAB and FranchiseBlade like this.
  4. Invisible Fan

    Invisible Fan Contributing Member

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    I'd think fighting inflation is a bigger voter issue than whatever is happening in commercial real estate or the housing market in certain regions. Small to midsize will be holding the bag while the credit env is drying up fast.

    The whole situation probably needed even higher rates a year before to kill stock market exuberance with their ridiculous bets in rate cut expectations and Mag 7's AI potential, but hey, a small downturn and the market will be poised to end on a high note like all election years, right?

    It sucks that lower rates might be hinged upon more job cuts and layoffs to kill overall demand. Things like food and oil won't play ball this summer.
     
  5. adoo

    adoo Member

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    from the Fed's perspective, inflation remains public enemy #1

    food has not been trending up as much as gasoline anf auto insurance
     
  6. DFWRocket

    DFWRocket Member

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    Uninsured Americans at an all time low

    Historic Job Growth

    Salaries outpacing Inflation

    Inflation returning to pre pandemic levels

    American Families at highest net worth in history

    Minority wage gaps at its smallest in history

    U.S. Stock Market roaring to all-time highs

    Violent crime in sharp decline (after the first dramatic rise in 30yrs from 2019-2021)

    Cap on insulin costs for millions (not just a small few)

    Capped prescription drug costs for all seniors on medicare

    Gave medicare the power to negotiate drug costs like an insurance company

    Oil Production at an all-time high

    Most energy independent than at any time in last 70yrs

    First large scale oil refinery being built in the last 40yrs.

    Cut Child poverty in half

    Signed the PACT act for veterans healthcare

    Signed the CHIP act bringing microchip manufacturing back to the U.S. including a new large-scale manufacturing plant now coming TX
     
  7. CCorn

    CCorn Member

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    And they shouldn't.

    I'm glad we have a president that isn't threatening to fire someone for doing their job.
     
    FranchiseBlade likes this.
  8. Invisible Fan

    Invisible Fan Contributing Member

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    You mean like when he declared war on inflation at Jackson Hole in 22 but still managed to delude a market, so desperate to fight the Fed's rate policy, into new index highs?

    Right, he says "many things."
     
  9. astros123

    astros123 Member

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  10. Xopher

    Xopher Member
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    I'm shocked about Costco. They are supposed to have really good pay and benefits
     
    FranchiseBlade and astros123 like this.
  11. adoo

    adoo Member

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    the latest eg of invisible parroting spins about which he is clueless.

    the sources from which Inivisible had cut n paste conveniently false-equivacated the economic conditions betwwen
    1. Jackson Hole meeting in Aug 22 and
      • when Fed had just raised the rate for 3rd consecutive time, w 8 more to come
    2. now
    • Fed had been pausing any rate changes since Oct '23---looking for corroborating economic data, such as inflation rate reaching the target rate of 2%, to justify a rake cut
    the two situations could not be more different. it is too bad that your too willfully ignorant to understand
     
    #2031 adoo, Apr 20, 2024
    Last edited: Apr 20, 2024
  12. adoo

    adoo Member

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    the dizzying height of willful ignorance.

    suggest that you read up on CPI, as well as the charter for the Federal Reserve, and stop publiicizing your willful ignorance



    for the educaion of the willfully ignorant Invisible

    The Federal Reserve's dual mandate is to achieve maximum employment and keep prices stable;
    nowhere does it mention "delude a market" nor "balance sheet"​
     
    #2032 adoo, Apr 20, 2024
    Last edited: Apr 20, 2024
  13. GOATuve

    GOATuve Member

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    You guys are goofies
     
  14. astros123

    astros123 Member

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    Better than being a dipshit. Oh no let's not be happy that unions are thriving and workers are being empowered
     
  15. GOATuve

    GOATuve Member

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    I'm not a dipshit. I'm happy for unions and people getting their money. Biden is trash. He doesn't even remember who he is half of the time. He's as bad as Trump. Both those clowns belong in jail
     
  16. astros123

    astros123 Member

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    Yes Joe biden who did a 90 minute SOTU literally just a month ago doesn't know who he is. You're a low iq dipshit. biden literally did a deposition with US attorneys and there's 300+ pages of deposition which is public. Hes obviously there mentally.

    You can hate Biden policies but to claim he doesn't know who he is just dumb. You're an idiot
     
    #2036 astros123, Apr 21, 2024
    Last edited: Apr 21, 2024
  17. GOATuve

    GOATuve Member

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    Your insults don't have any effect. He doesn't know where he's at half of the time. Its literally on footage

    You just hold water for a clown just like yourself
     
  18. astros123

    astros123 Member

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    What has biden done that you claim he should be in jail for? Name me something he's done that's as bad as Trump leading a literal insurrection. Trump literally cheered in rioters storming the capital.

    Americans are the dumbest dipshits in the world. The entire Europe Asia laughs at you dipshits. The idea that biden is as bad as Trump is the most insane thing in the world.

    I'm not trying to insult you. I'm just stating a fact that you're a utter dipshit.
     
  19. GOATuve

    GOATuve Member

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    Who gives a **** about Trump? He's trash. Hopefully he'll be in jail where be belongs when the election rolls around.

    Actually they don't laugh at us. I'll make fun of fat Americans but Asian people respect business.

    They don't talk like you either.
     
  20. astros123

    astros123 Member

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    Answer the question dipshit. What has biden that is as equally as bad as Trump who led a insurrection while cheering it on in the oval office. What action has biden done that's equally as bad. Answer dipshit

    And yes they 100% laugh at us cuz America is filled with dipshit morons like yourself. I'm literally in Europe right now and the fact that both sides are equally as bad is why the world does laugh at us.

    The world laughs at dipshit morons like yourself
     

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