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It's a matter of Bidenomics!

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

  1. adoo

    adoo Member

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    over the post 4+ decades China has been BIG on Government spending, to where its debt is ~~ 260 - 290% of GDP, approximatly the same as Japan. US is ~~ just under 100%

    China's BIG gov spending has catapaulpted it from a 3rd world country to the world #2 economy in the world, in the process, lifting hundreds of millions of its citizens out of poverty

    under Xi, one of the biggest Gov spending has been the one-belt-one-road initiative
     
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  2. astros123

    astros123 Member
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    Well their spending is done on infrastructure and capital projects. They've never given direct stimulus to their citizens like the west has which is why usa is booming and china isn't
     
  3. Commodore

    Commodore Contributing Member

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  4. adoo

    adoo Member

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    hard economic facts w a reputable name and company attache to it



    as opposed to the spin / conenient lie parroted by Commodore, such a convenient lie that no one is willing put their name to it
    Commodore is such an easy prey for con artist, no wonder he is into rat poison squared (aka Bitcoin)
     
  5. No Worries

    No Worries Contributing Member

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    Or get Mexico to pay for it.

    Trump never has a plan of action ... only a marketing plan for the rubes he is conning.
     
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  6. astros123

    astros123 Member
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    @StupidMoniker how can you not support this amazing person. She's fighting for the average citizen agaisnt corporate greed.

    She's the only reason I like biden the way I do. She's the best public servant we've ever had in government
     
  7. astros123

    astros123 Member
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    America is on the move
     
  8. StupidMoniker

    StupidMoniker I lost a bet
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    No, I don't support government regulation of private contracts, that you for asking.
     
  9. Andre0087

    Andre0087 Member

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    Do you support any popular ideas at all? You’re the reason why minority parties should never have any real power. You remind me of Chappy from King of the Hill.
     
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  10. astros123

    astros123 Member
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    Hes literally advocating for big corporations being able to **** over regular folks. Its just ****ing insane how you can be okay with corporations literally screwing over Americans

    I genuinely don't get it
     
  11. juicystream

    juicystream Contributing Member

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    After being adjusted for inflation. Median income is up, but wasnt able to keep up with inflation. Certainly you'd want to see it keep up with inflation, but I feel it needs to be said.
     
  12. astros123

    astros123 Member
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  13. NewRoxFan

    NewRoxFan Contributing Member

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  14. astros123

    astros123 Member
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    #854 astros123, Nov 7, 2023
    Last edited: Nov 7, 2023
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  15. astros123

    astros123 Member
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    FTC declaring war on big pharma....
     
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  16. StupidMoniker

    StupidMoniker I lost a bet
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    I'm sure it's going great for some people. Me, I am worse off than I was in 2019. Of course I didn't receive a stimulus check, I don't receive any government transfer payments, and my union negotiated raises that lost to inflation (in a contract I voted against). I'm glad things are going well for the people that Democratic policies are designed to favor though, I'll be fine anyway.
     
  17. astros123

    astros123 Member
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    Seems like your issue is that you have a shitty union? uaw got a 25-40% raise, airline pilots got a 200% raise, airline employees got a 20% raise, ups workers got a 180k per head contract, USPS workers got a hefty raise.

    Literally *every* union has been able to negotiate record raises. You need to fire your union head
     
  18. StupidMoniker

    StupidMoniker I lost a bet
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    Public sector unions are different than unions that have the full backing of the government. Public sector unions negotiate against the government. Mine is also not a union that the party in power is particularly fond of (like the teachers unions). The USPS workers have also lost to inflation.
    apwu_rates_effective_-_september_20_2021_pre-contract_rates.pdf (d1ocufyfjsc14h.cloudfront.net)
    apwu_rates_effective_-_august_26_2023.pdf (d1ocufyfjsc14h.cloudfront.net)
    If you compare the 11P employees for example, their pay went from 78191 in September 2021 to 87252 in August 2023. Using Inflation Calculator | Find US Dollar's Value From 1913-2023 (usinflationcalculator.com) the same 78191 in 2021 would be worth 88,815.48 in August 2023. If you want to use the CPI Inflation Calculator (bls.gov) from the Bureau of Labor Statistics which can dig down to specific months, you get an August 2023 value of $87,516.57, again showing the USPS workers lost to inflation.
     
  19. adoo

    adoo Member

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    i thought that ur a lawyer
     
  20. StupidMoniker

    StupidMoniker I lost a bet
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    Apparently, you were unaware that public sector lawyers are represented by unions. We don't get to individually negotiate our contracts with the county. That's alright, it isn't something a lot of people think about.
     

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