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It's a matter of Bidenomics!

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

  1. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking
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    Bidenomics:
    1. Growth in government - promotes inefficiency and stifles innovation
    2. Higher taxes - penalizes productive work; demotivates
    3. Money printing - causes rampant inflation, which raises costs for families (hurts the poor the most). Families can't afford housing, college, or groceries.
    4. Strangulation of energy production -- The goal of the ESG and climate crusaders is to limit production of fossil fuels, which raises the cost of gasoline and energy for all (hurts the poor the most)
    5. Globalization -- Why make it in Cleveland when you can make it in Shenzhen?
    6. Open borders -- tamps down wages for working class people of color (ironically, most of which are Democrat voters)
    7. Endless war -- creates economic uncertainty, raises energy costs, disrupts supply chains
    8. Soliciting and accepting bribes from foreign countries: Create massive conflicts of interest for our country so that the Biden family can get rich selling access to power.
    Literally every economic instinct the Democrats have is the opposite of what is good for our economy and for our people.
     
    persian hoopa and Astrodome like this.
  2. Astrodome

    Astrodome Member
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    It is smart of Bidens team to promote the bad and good of our covid experience. Trump started it and Biden fixed it.
     
  3. adoo

    adoo Member

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    you could not give eg, not even one, because you have no idea what you're talking about.

    Actually, both Trump and Biden want to pass an infrastructure bill.

    while Trump failed, even with a GOP-controlled Congress, Biden got the bill passed
     
  4. Amiga

    Amiga 10 years ago...
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    If that's the only thing, and you are likely right, it's a failure of the public to appreciate the vast change in the direction of economic policies.

    To put it simply, and this is the main message of Bidenomics:
    • Bidenomics is about growing from the middle out.
    • Republicanomics (aka trickle-down) is about growing from the top down, which has completely failed.
    The funny thing is that 'Bidenomics' is a negative term crafted by Republicans. Biden is absorbing it as a strength, similar to how the internet turned Brandon to 'Dark Brandon'. If he's anywhere near as successful as the internet meme machines, it might be a thing.
     
  5. Amiga

    Amiga 10 years ago...
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    Among G7. US has the highest GDP growth with lowest inflation. Bidenomics.

    (not sure what happen to Japan recently)

    [​IMG]

    [​IMG]
     
    astros123 and adoo like this.
  6. astros123

    astros123 Member

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    This is what the right wingers don't understand. Inflation is a global issue. We're fixing it here at a quicker rate than any other country. By next year we will have low gas and low Inflation and they'll have nothing to run on
     
    VooDooPope likes this.
  7. Amiga

    Amiga 10 years ago...
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    Here is one thing that is important to close the gap: no, not that gap, but the black-white employment gap. Bidenomics.

    [​IMG]
     
  8. adoo

    adoo Member

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  9. rockbox

    rockbox Around before clutchcity.com

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    It's weird AF to have "new members" that post only in the DD.
     
  10. rockbox

    rockbox Around before clutchcity.com

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    Japan was in almost complete lockdown for a while and the currency is as low as I can remember.
     
  11. pgabriel

    pgabriel Educated Negro

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    It's not fair too punish Trump on job growth. It's not fair too punish Biden on inflation. Job growth was because of pandemic. Inflation is related to the pandemic and war in Ukraine. The price of oil is probably the biggest factor in Inflation being tamed. It affects the price of everything
     
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  12. pgabriel

    pgabriel Educated Negro

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    We've had a good economy since the Obama years fortunately
     
    Ubiquitin likes this.
  13. gifford1967

    gifford1967 Contributing Member
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    lol. Hard data and economic prosperity makes low_t sad.
     
    #33 gifford1967, Jun 29, 2023
    Last edited: Jun 29, 2023
    Ubiquitin likes this.
  14. dmoneybangbang

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    The GOP’s MO since Obama has been to sabotage the economy when they don’t have the presidency.

    This is why the GOP was targeting specific legislation and programs during the manufactured debt crisis.
     
  15. davidio840

    davidio840 Contributing Member

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    Speaking of ignorance, ahem.. using Biden's job growth as a point of success for his presidency is hilarious. Jobs are not being created, they are being refilled due to the pandemic. You could have put a donkey in office and they would have had job growth after Covid.

    [​IMG]
     
  16. pgabriel

    pgabriel Educated Negro

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    It's crazy, Republicans have no shame. We had government regulations keep us safe from financial disaster after The Great Depression until Phil Grahm finally axes Glass Steagall and it only takes 8 years for another disaster and they still preach that dumb ****
     
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  17. adoo

    adoo Member

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    i wish that u'd stop projecting your willful ignorance.

    you are too un-informed to understand the "great resignation" phenomenon.
    In 2022, more than 50 million workers quit their jobs, many of whom were in search of an improved work-life balance and flexibility and increased compensation.

    the hospitality industry (eg food catering) are still having difficulty finding workers

    in view this "great resignation" phenomenon, where 50 million jobs were not being refilled, job creation under Biden's watch has been all the more impressive


    actually, it has more to do w Biden's stimulative economic policies. see my explanation on the "great resignation"

    it is too bad that u don't understand the impact of the ill-conceived trade war on inflation.
     
    #37 adoo, Jun 29, 2023
    Last edited: Jun 29, 2023
  18. pgabriel

    pgabriel Educated Negro

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    My comment was more about Trump's lack of job growth. Trump also had good job numbers until the pandemic

    ]Supply was killed because of the pandemic. My post wasn't a criticism of Biden, or support for Trump. Again we've overall been in a good economy since Obama.

    The biggest tangible change in actual prices is the price of oil, which is now steadily declining after the boycott of Russian oil began
     
    #38 pgabriel, Jun 29, 2023
    Last edited: Jun 29, 2023
  19. Xopher

    Xopher Member
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    We understand the Biden economy has really affected you since you can't afford 50 bucks to pay your debt.
     
    astros123 likes this.
  20. Xopher

    Xopher Member
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    Nice chart. Which side is higher, 2018 or 2023?
     
    #40 Xopher, Jun 29, 2023
    Last edited: Jun 29, 2023

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