The economy. Hot, or not?

[Marener]

Good job, House Republicans.

Republicans are the best at taking credit for other people's work. Real pros.

 

[pknopp]

Nothing is healthy about continued deficits and an overall debt over 30 trillion.

Only a matter of time until that bites everyone in the ass.

A good economy is when you are supposed to address the debt.

 

[petro]

Money should be "free" or near "free"?

Not what I said...at all.
but the banks think so.
Notice the rates they pay out for savings are far lower, and we always bail them out.

 

[Mac1958]

Nothing is healthy about continued deficits and an overall debt over 30 trillion.

Only a matter of time until that bites everyone in the ass.

That's beginning now, as we keep selling Treasuries at high rates. The debt load as a percentage of the budget is exploding.

Self-inflicted wound, as usual.

 

[The Duke]

You're quoting inflation through this month, but the data I showed only goes through 2022, which had 15% inflation, not 26%.

Not my fault you have incomplete information.

 

[westwall]

Unemployment is low and has been low for a long time.
The average American has been seeing some of their best wages in decades.

So, do we have a strong economy or not? If not, what's wrong with the economy?

Real wages are down thanks to inflation. Most people can't afford to buy a home these days.

As schwabbie said, " you will have nothing, and like it".

 

[petro]

A good economy is when you are supposed to address the debt.

No shit Sherlock.
Never fucking happens, does it?
Why isn't Biden on that with this great economy?

 

[Stormy Daniels]

If anyone knows stupidity and dishonesty, it's you.

View attachment 872929

So you mean to tell me that the buying power of $100 has been increasing during the Biden economy!?!?! That's unheard of!

The buying power of money usually goes down over time. Biden must be absolute magic if the value of money is going up, and interest rates are still needing to be kept high to offset inflation.

 

[pknopp]

Not what I said...at all.
but the banks think so.
Notice the rates they pay out for savings are far lower, and we always bail them out.

Sorry, I was just piggybacking off your post. Probably shouldn't have.

Rates need to stay above where they were for years.

 

[pknopp]

No shit Sherlock.
Never fucking happens, does it?
Why isn't Biden on that with this great economy?

No it doesn't and I condemn Biden constantly for it. Not that the economy is good but he needs to quit adding to the debt.

 

[Stormy Daniels]

Real wages are down thanks to inflation. Most people can't afford to buy a home these days.

That's because of housing shortages.

 

[jbrownson0831]

So you mean to tell me that the buying power of $100 has been increasing during the Biden economy!?!?! That's unheard of!

The buying power of money usually goes down over time. Biden must be absolute magic if the value of money is going up, and interest rates are still needing to be kept high to offset inflation.

Only a fellow Dimtard could dream up something that stupid.

 

[westwall]

Seems the divide between the two is wider than ever

And it is going to get worse.

Funny that. Under obummer and xiden the wealth gap increased more than almost any other presidents.

 

[jbrownson0831]

That's because of housing shortages.

K...o...o...k
No, it's not....plenty of houses available just look for yourself instead of listening to the Reich.

 

[Lesh]

No it doesn't and I condemn Biden constantly for it. Not that the economy is good but he needs to quit adding to the debt.

“Quit adding to the debt”

Yeah… when has that ever happened?

 

[westwall]

That's because of housing shortages.

No, it's because interest rates are so high.

 

[Lesh]

And it is going to get worse.

Funny that. Under obummer and xiden the wealth gap increased more than almost any other presidents.

Except Trump

 

[jbrownson0831]

No, it's because interest rates are so high.

Housing shortage hahahahahahahaha

 

[Harpy Eagle]

No, it's because interest rates are so high.

yep, house prices have nothing to do with it....

 

[rampart]

Unemployment is low and has been low for a long time.
The average American has been seeing some of their best wages in decades.

So, do we have a strong economy or not? If not, what's wrong with the economy?

as a practical matter i prefer an economic model that somewhat approximates reality over an economic theory that requires dropping people from helicopters but

from the further left .......

the purpose of an economy is to provide for the needs of the population. there are a few people living under the interstate whose needs could be provided if we were not so obsessed with turning millionaires into billionaires.

those needs near the bottom must be addressed or we get to paris 1789 or petrograd 1919 no matter how high the growth rate.

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