The Biden Recession Thread

[Thebrownblob]

It’s funny how while he was campaigning he said, The buck stops here, yet he’s blaming anyone and everyone but himself for EVERYTHING.

The buck has never stopped with Joe Biden, he’s been a liar and a ConMan his whole career. Which is rather hilarious since most of the people who voted for him Hated Trump and they voted for A guy was a bigger con man and liar.

 

[UnionStrong]

It’s funny how while he was campaigning he said, The buck stops here, yet he’s blaming anyone and everyone but himself for EVERYTHING.

Telling the truth is not a strongpoint with democrats.

 

[Wally]

It’s funny how while he was campaigning he said, The buck stops here, yet he’s blaming anyone and everyone but himself for EVERYTHING.

 

[BigUnionGuy]

 

[vantexan]

Telling the truth is not a strongpoint with democrats.

Their constituents would rather believe their lies than accept that the country is great, supporting business leads to jobs, secure borders and a strong military are essential.

 

[UnionStrong]

Their constituents would rather believe their lies than accept that the country is great, supporting business leads to jobs, secure borders and a strong military are essential.

It won’t end well for them either.

 

[UnionStrong]

We’re getting the shaft. This is what the idiots want you to believe.

 

[newfie]

this would have happened to the donald also. you just dont print up and give away trillions of dollars and expect no reaction. the economy always has lag time.

anyways trump would still have a way to blame the crats, russians, chinese, outtaspace aliens, somebody.

I think objectively you could see what the Donald would have done by looking at how the Republican states functioned post COVID. He was good for one of these spending sprees but not what Biden ended up doing. His oil policies would have been less restrictive and thus less inflationary. His transportation secretary would not have gone on a two month paternity leave in the middle of a logistics crisis that ignited our inflationary spike. You may not have liked trumps personality but you can not deny that he would have been attacking these problems instead of hiding from them.

 

[UnionStrong]

 

[newolddude]

"Everybody is short-staffed."
"Nobody wants to work anymore."
"Young people are just sitting at home collecting stimulus checks while smoking free weed."

Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for United States

Graph and download economic data for Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for United States (LFWA25TTUSM647N) from Jan 1955 to Jan 2025 about 25 to 54 years, working-age, population, and USA.

fred.stlouisfed.org

America's Working Age Population (those aged 25-54) as reported by Federal Reserve data:
Jan 2020: 125.94M
Jan 2022: 127.16M

The data that shows Boomers are to blame for the labor shortage

Editor's Note: A version of this story appeared in CNN Business' Nightcap newsletter. To get it in your inbox, sign up for free, here.

www.cnn.com

 

[vantexan]

"Everybody is short-staffed."
"Nobody wants to work anymore."
"Young people are just sitting at home collecting stimulus checks while smoking free weed."

Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for United States

Graph and download economic data for Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for United States (LFWA25TTUSM647N) from Jan 1955 to Jan 2025 about 25 to 54 years, working-age, population, and USA.

fred.stlouisfed.org

America's Working Age Population (those aged 25-54) as reported by Federal Reserve data:
Jan 2020: 125.94M
Jan 2022: 127.16M

The data that shows Boomers are to blame for the labor shortage

Editor's Note: A version of this story appeared in CNN Business' Nightcap newsletter. To get it in your inbox, sign up for free, here.

www.cnn.com

So working age is considered 25-54 but Baby Boomers are to blame for the labor shortage even though the youngest Boomers are 58!

 

[Babagounj]

Biden began his term with the federal strategic oil reserves nearly full.
At the rate he is emptying them today , we will be at 20% capacity by Dec 2022.
That equates to about a 20 day supply.
How will he fix this issue ?

 

[Babagounj]

Biden's top picks on Economic Problems think that printing more money will solve all the problems.

We are all doomed.

 

[vantexan]

Biden began his term with the federal strategic oil reserves nearly full.
At the rate he is emptying them today , we will be at 20% capacity by Dec 2022.
That equates to about a 20 day supply.
How will he fix this issue ?

Think he's getting rid of them so that we can't use them in the future? I doubt he'll refill them.

 

[Serf]

Make you tube content, be an Instagram influencer. Drive a Tesla, eat beyond meat burgers. Use gender pronouns. Work a 9–5? That’s oppressive.

 

[...]

Biden began his term with the federal strategic oil reserves nearly full.
At the rate he is emptying them today , we will be at 20% capacity by Dec 2022.
That equates to about a 20 day supply.
How will he fix this issue ?

Part of the plan.

 

[oldngray]

Part of the plan.

 

[qdg2]

Now you know why he was never elected president in 40 years.

 

[Wally]

Fed to Inflict More Pain on Economy as It Readies Big Rate Hike

(Bloomberg) -- The Federal Reserve will probably have to inflict much more pain on the economy to get inflation under control.Most Read from BloombergSergey Brin Ordered Sale of Musk Investments After Affair: WSJVW Billionaire Clan Plotted CEO Ouster as He Was on US TripFed to Inflict More Pain...

finance.yahoo.com

 

[oldngray]

The Biden White House Is Going to Do Everything It Can to Avoid Saying 'Recession' This Week​

Biden White House Readies Its Recession Talking Points

townhall.com