The Biden Recession Thread
- Thread starter Wally
- Start date
UnionStrong
Sorry, but I don’t care anymore.
Of course it’s backfiring. You’re trying to convince people that the economy doesn’t suck when it does.
PT Car Washer
Well-Known Member
Another "economic collapse is just around the corner" prediction. While the country enjoys the strongest economy in decades.
Babagounj
Strength through joy
Starbucks closing 7 locations in San Francisco
Starbucks will close seven locations in San Francisco as the company says it is looking to adjust its portfolio of stores in the city.
www.cbsnews.com
Six of the stores closing are in the city's downtown area.
Needs to
Next Day Err
Well-Known Member
Yeah! FJB! Up 24% YTD.
Lineandinitial
Legio patria nostra
FJB
I hope that 2024 brings you the ability to not fall for made-up fake news.
Nobody is satisfied with Biden and he’s not done
ibg things up yet!
So emotionally charged. Could you provide a list of financial indicators that suggest the U.S. is doing worse now than under Trump?FJB
I hope that 2024 brings you the ability to not fall for made-up fake news.
Nobody is satisfied with Biden and he’s not done
Lineandinitial
Legio patria nostra
FJB and his homies
Do you feel your better off now versus 4 years ago?
Up In Smoke
Well-Known Member
Us personally, yes. Our business revenues have out paced the cost of operating, our properties have gained nearly 50% greater valuations and our personal wealth is up well beyond any inflation measures. To be fair, other than the property values, our numbers are pretty steady going back 20ish years.
Lineandinitial
Legio patria nostra
Careful
You're probably the exception
The average person making an average income is suffering pretty good right now
I'm just asking a n honest question.
Jkloc420
Do you need an air compressor or tire gauge
Lineandinitial
Legio patria nostra
It doesn’t take much
This country is going in the wrong direction
Lineandinitial
Legio patria nostra
Over 1M Veterans living in Poverty, almost 75,000 homeless.
They’re doing great!
SMH
Lots of people are a paycheck for two away from being homeless.
People are using credit to finance their average daily expenses
No. And that’s the point. The economic numbers don’t reflect the lifestyle of most Americans. They represent the whims of the “job creators”. Why? When does Main Street catch up to Wall Street? Hell, when does Main Street recoup its lost buying power that 8% inflation brought about? Did anyone’s income jump when prices jumped?
There is no answer under current structure. Heard Trump saying he was going to do away with the payroll tax. Of course the executive branch has no power to do that. And if he did and the market was flooded with more cash, what would happen? A huge stimulus that does what? Drives inflation yet again and supercharges the national debt. How do we know? Because we just did that.
So yeah. The economy is due for and probably needs a crash. Unfortunately whatever administration is in power will probably ride to the rescue again and the economic powerhouses will pat themselves on the back.
0% interest on $30k cars was great back in the day. On $90k pickups the general public can’t even begin to afford to be interested. In a consumer driven economy without consumers…
