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Partially correct. With rates being artificially low for so long where else would pension fund and 401k managers invest their assets to garner a strong return? Bonds are way down due to the low interest rates. REITs are iffy due to the pandemic and more working from home. Currencies are unstable. There is the stock market and crypto...The stock market isn't strong because of Biden but despite him. We are coming out of a pandemic. The economy itself is on very fragile footing, however. Look for it to take a major dump if/when Biden passes Build Back Better. There will be an initial bump and then a crash that a Republican that takes office will be blamed for.
When were those payments again?People are spending because they have gotten more government handouts. Where have you been?
Who is "everyone" that is not remotely true. Many in cold weather cities are petrified that heating bills will be tough to manage. 40% Year over Year increase if you have oil heat. Good luck!Yeah, inflation is sooooo bad everyone is spending money....
Yeah, I would hope so. A year ago in the the former president's pandemic hell our economy was shit street.Woo hoo. Oil and prices come down some, but of course, they are 30% higher than they were when Trump was in office in late 2020.
Sure, can you post information regarding consumer spending?Who is "everyone" that is not remotely true. Many in cold weather cities are petrified that heating bills will be tough to manage. 40% Year over Year increase if you have oil heat. Good luck!
Having lived during that period, you have to be informed that Reagan inherited the inflation rate from Carter... I know cause I voted for Carter (BIG BIG MISTAKE because I thought he was smart) so I LIVED through that time!I do have to wonder if these same people we saying how stupid Reagan was when inflation was this high under him.
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The cold weather just hit what are you talking about? People still need fuel, food, etc. Should they stop spending? In terms of luxuries I think you would be surprised.Sure, can you post information regarding consumer spending?
Your argument is essentially, no one goes there anymore since it's so crowded.Who is "everyone" that is not remotely true. Many in cold weather cities are petrified that heating bills will be tough to manage. 40% Year over Year increase if you have oil heat. Good luck!
Inflation rate was 13.5% when Reagan took office, 4.1% when he left, you fucking moron.I do have to wonder if these same people we saying how stupid Reagan was when inflation was this high under him.
My point is inflation is real and in cold weather it will be truly felt.Your argument is essentially, no one goes there anymore since it's so crowded.
Q3 GDP growth last year was 32.8%.Yeah, I would hope so. A year ago in the the former president's pandemic hell our economy was shit street.
He was talking about his shriveled, inflatable pecker.Biden said the inflation is temporary....I am sure he wasn't LYING to us!
Nope, it's you.The cold weather just hit what are you talking about? People still need fuel, food, etc. Should they stop spending? In terms of luxuries I think you would be surprised.
Let's see what happens in March 2022. Fair?
Yes, I am very happy to have voted for President Biden.otto105
Its not strong now and won't be as long a Bidung is the POTUS. The man is a walking, talking disaster that YOU voted for. Congrats
Sure.Let's see what happens in March 2022. Fair?
When were those payments again?
