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Post by Psychocreature on Apr 11, 2024 5:44:59 GMT -5
Bidenomics after 38 Months: Six Charts the Media Don’t Want You to See. Liberal media are declaring Bidenomics a success – but, after more than three years, hard numbers tell a much different story, regardless of whether the measure is how much Americans are paying, earning or saving. Gas prices: While gas prices held steady under Pres. Donald Trump (down four cents a gallon), they’ve surged 46% in the first 38 months of Pres. Joe Biden’s term. From January 2021 to March of 2024, the average price of a gallon of gas (all grades) has increased from $2.42 to $3.54, according to the U.S. Energy Information Administration. After accounting for inflation, real wages earned by Americans have declined under Biden. In the first quarter of 2021, median weekly real earnings averaged $373. But, by the fourth quarter of 2023, average real earnings had fallen to $371. Under Trump, however, real wages rose from $352 on January 1, 2017, to $373 on January 1. 2021. Real wages are calculated using Bureau of Labor Statistics (BLS) median usual weekly earnings for full-time employees at least 16 years old and are represented in terms of quarterly 1982-84 Consumer Price Index (CPI) seasonally-adjusted dollars. Mortgage Rates: It’s also costing far more to finance a home purchase under the Biden Administration. Mortgage rates today are more than twice the average rate home buyers paid when Trump left office, Freddie Mac data reveal. Under Biden’s predecessor, the average 30-year fixed mortgage rate fell by a third, from 4.09% to 2.77%. But, by April 4, 2024, mortgage rates had more than doubled, to 6.8% With Americans having to spend more than their earnings increased, their average savings rate has declined under Biden. From February 1, 2017 to February 1, 2021, the average personal savings rate increased 129%, from 5.6% to 12.8%. But, by February 1 of 2024, it had plunged to 3.6% - less than a third of its pre-Biden level – according to Federal Reserve Bank of St. Louis (FRED) calculations, incorporating BLS data. Consumer Price Index: Consumer prices rose 7.6% in the 48 months of the Trump Administration, from a CPI of 243.618 in January 2021 to one of 262.035 in December 2020. In contrast, prices have already risen more than twice as much, 18.9%, in just 38 months under Biden. More than three-fourths of the way through his term, the CPI has risen from 262.518 in January of 2021 to 312.230 last month (March 2024), putting it on pace to increase nearly three times as much as it did during Trump's full, four-year term. On a monthly basis, inflation averaged 1.9% under Trump, compared to 5.5% under Biden, thus far. mrctv.org/blog/craig-bannister/bidenomics-after-38-months-six-charts-media-dont-want-you-see
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Post by Hey Man on Apr 11, 2024 10:53:38 GMT -5
Media Research Center is strongly right-biased based on advocacy for a conservative agenda and mixed for actual factual reporting due to the promotion of propaganda, pseudoscience, and a poor fact-check record by their primary sources.
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Post by Psychocreature on Apr 12, 2024 5:38:18 GMT -5
Media Research Center is strongly right-biased based on advocacy for a conservative agenda and mixed for actual factual reporting due to the promotion of propaganda, pseudoscience, and a poor fact-check record by their primary sources. I'm sure you are in the minority who think we are better off under Biden, despite inflation going up another 3.5% in March.
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Post by battra on Apr 13, 2024 14:40:11 GMT -5
Media Research Center is strongly right-biased based on advocacy for a conservative agenda and mixed for actual factual reporting due to the promotion of propaganda, pseudoscience, and a poor fact-check record by their primary sources. I'm sure you are in the minority who think we are better off under Biden, despite inflation going up another 3.5% in March. I dunno,. Most jobs created by a single president in like 70 years. Lowest unemployment in decades. Stock market at record levels. Ended Trump's mishandling of the pandemic. Same thing always happens after a Republican presidency...they leave us in a recession and we swing back blue, but then people get antsy pantsy, like you're doing, when the blue swing doesn't swing hard enough, like restoring Eisenhower Tax Rates and supporting unions, and then the 1% continues to bleed us dry. The good news? At least for my family, we're set and the next GOP presidency won't kill us because we're in a position where the GOP war on the middle class wages no longer affects us. And if Trump is elected, and you find yourself in the same spot you're in now in 4 years, you surely won't wonder why the yacht tax break didn't make you rich. You surely won't look at any factual trends about how upper class tax cuts affect the middle class and job creation. You'll just continue to say LOW TAXES MAKES JOB! you can't tax your way out of a recession! Don't punish the people who worked for their money!! Cut welfare, but not corporate welfare! Gun laws don't work! Chicago has the most draconian laws in the country!!! Funny thing is the welfare program was repealed and replaced 30 years ago. Harvard has done a study of the top tax rates and the effects it has on the middle class and the economy in general. The Heller Case struck down the Chicago's gun laws in 2006. But these things don't matter to conservatives. Facts and figures don't matter. What matters is their feelings and only their feelings.
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Post by Psychocreature on Apr 13, 2024 18:17:42 GMT -5
If Biden's economy is so great than why cant people pay for their own college?
lol.
The polls clearly show that the majority of people were better off under Trump. People today are struggling to pay for groceries. Didnt have inflation when Trump was in office.
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Post by Hey Man on Apr 13, 2024 18:26:45 GMT -5
If Biden's economy is so great than why cant people pay for their own college? lol. The polls clearly show that the majority of people were better off under Trump. People today are struggling to pay for groceries. Didnt have inflation when Trump was in office. You realize this is a worldwide problem, right? Everything get impacted - so goods and services are more expensive everywhere. I assure you that you won't be going back to 2019 prices if Trump is President again.
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Post by Psychocreature on Apr 13, 2024 18:31:08 GMT -5
If Biden's economy is so great than why cant people pay for their own college? lol. The polls clearly show that the majority of people were better off under Trump. People today are struggling to pay for groceries. Didnt have inflation when Trump was in office. You realize this is a worldwide problem, right? Everything get impacted - so goods and services are more expensive everywhere. I assure you that you won't be going back to 2019 prices if Trump is President again. When Trump gets back in office he will fix everything. Gas will go down, inflation will go down. And fix this mess of wars Biden is responsible for. Iran is now attacking Israel.
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Post by Hey Man on Apr 13, 2024 18:34:57 GMT -5
You realize this is a worldwide problem, right? Everything get impacted - so goods and services are more expensive everywhere. I assure you that you won't be going back to 2019 prices if Trump is President again. When Trump gets back in office he will fix everything. Gas will go down, inflation will go down. And fix this mess of wars Biden is responsible for. Iran is now attacking Israel. LOL. You clearly don't know how this works. So much for that education you supposedly received.
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Post by Psychocreature on Apr 13, 2024 18:49:35 GMT -5
When Trump gets back in office he will fix everything. Gas will go down, inflation will go down. And fix this mess of wars Biden is responsible for. Iran is now attacking Israel. LOL. You clearly don't know how this works. So much for that education you supposedly received. Nah, its like what Trump said today, when he was President Iran was BROKE. Thanks to Biden now they have billions. We were energy independant under Trump. All these wars wouldn't be happening if Trump was President. Putin didnt invade Ukraine when Trump was our President. No one is afraid of Biden.
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Post by Psychocreature on Apr 13, 2024 18:57:37 GMT -5
If you and battra watched fox news instead of fake cnn and msnbc you two might actually learn whats really going on in the World.
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Post by Hey Man on Apr 13, 2024 19:02:01 GMT -5
LOL. You clearly don't know how this works. So much for that education you supposedly received. Nah, its like what Trump said today, when he was President Iran was BROKE. Thanks to Biden now they have billions. We were energy independant under Trump. All these wars wouldn't be happening if Trump was President. Putin didnt invade Ukraine when Trump was our President. No one is afraid of Biden. It's hilarious that you actually believe Trump is some bad ass. He would get knocked the fuck out out in any fight and any sort of threatening is just that - an empty threat. Just because things didn't happen in time when someone else was running things - doesn't mean they actually prevented them from happening. It was never going to happen anyway years prior, but something that happened today. Are you suggesting Trump would have prevented 9/11 and wouldn't be surprised like Bush was on the day it happened?
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Post by Hey Man on Apr 13, 2024 19:02:48 GMT -5
If you and battra watched fox news instead of fake cnn and msnbc you two might actually learn whats really going on in the World. So why do you mostly post anything but Fox News here for the most part?
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Post by Psychocreature on Apr 13, 2024 19:06:19 GMT -5
If you and battra watched fox news instead of fake cnn and msnbc you two might actually learn whats really going on in the World. So why do you mostly post anything but Fox News here for the most part? They're not the only credible source. Conservative news isnt fake news unlike your people. Your people are anti - God.
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Post by Psychocreature on Apr 13, 2024 19:07:48 GMT -5
Ted Nugent is a recurring guest on fox news. He was just on there the other day.
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Post by Hey Man on Apr 13, 2024 19:12:17 GMT -5
So why do you mostly post anything but Fox News here for the most part? They're not the only credible source. Conservative news isnt fake news unlike your people. Your people are anti - God. LOL. On so many levels. You really are a mindless sheep.
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Post by Psychocreature on Apr 13, 2024 20:39:27 GMT -5
They're not the only credible source. Conservative news isnt fake news unlike your people. Your people are anti - God. LOL. On so many levels. You really are a mindless sheep. You dont live in the States. People were better off with Trump.
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Post by Hey Man on Apr 13, 2024 21:11:38 GMT -5
LOL. On so many levels. You really are a mindless sheep. You dont live in the States. People were better off with Trump. Again, it is a world issue. Had Trump won - things would be financially the same. You do understand that President's don't have that much impact on the economy. As they say - Presidents get too much credit when the economy does well and too much blame when things are bad.
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Post by Psychocreature on Apr 14, 2024 0:21:19 GMT -5
You dont live in the States. People were better off with Trump. Again, it is a world issue. Had Trump won - things would be financially the same. You do understand that President's don't have that much impact on the economy. As they say - Presidents get too much credit when the economy does well and too much blame when things are bad. thats bullshit. Under Trump we became energy independent, and reasons for the low gas prices. First day Biden was in office he shot down the keystone pipeline. energycommerce.house.gov/posts/biden-s-burdensome-regulations-are-shutting-down-american-refineries
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Post by Hey Man on Apr 14, 2024 0:37:36 GMT -5
Again, it is a world issue. Had Trump won - things would be financially the same. You do understand that President's don't have that much impact on the economy. As they say - Presidents get too much credit when the economy does well and too much blame when things are bad. thats bullshit. Under Trump we became energy independent, and reasons for the low gas prices. First day Biden was in office he shot down the keystone pipeline. energycommerce.house.gov/posts/biden-s-burdensome-regulations-are-shutting-down-american-refineriesThere is far more to it than just that. It was also something Biden campaigned on, so he was voted in with people knowing he was going to do that. It wasn't some surprise. You could say he kept his campaign promise.
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Post by Psychocreature on Apr 14, 2024 2:18:10 GMT -5
There is far more to it than just that. It was also something Biden campaigned on, so he was voted in with people knowing he was going to do that. It wasn't some surprise. You could say he kept his campaign promise. Now all his promises are going to destroy this country. That's todays Democrat party goal. Like this failed policy - https://www.tiktok.com/@_iplaymusic_/video/7356734629312793898
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Post by Hey Man on Apr 14, 2024 10:04:09 GMT -5
There is far more to it than just that. It was also something Biden campaigned on, so he was voted in with people knowing he was going to do that. It wasn't some surprise. You could say he kept his campaign promise. Now all his promises are going to destroy this country. That's todays Democrat party goal. Like this failed policy - https://www.tiktok.com/@_iplaymusic_/video/7356734629312793898 LOL. So you think Democrats want to destroy their own home or just maybe they have different views than you do, which should be allowed in a free country. The election will be very close. Meaning - half of the country disagrees with you and don't want Republicans running things. If Trump does lose again - tell me now what will be your excuse for the loss. The election was stolen again?
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Post by Psychocreature on Apr 20, 2024 2:07:49 GMT -5
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Post by Hey Man on Apr 20, 2024 9:26:16 GMT -5
Do you actually think the wars wouldn't be going on now had Trump won? Wars that have nothing to do with the US.
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Post by Psychocreature on Apr 20, 2024 22:21:37 GMT -5
Do you actually think the wars wouldn't be going on now had Trump won? Wars that have nothing to do with the US. Trump said they wouldn't be going on now if he was in office. Putin didnt invade Ukraine when Trump was in command. No ones afraid of Biden.
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Post by Hey Man on Apr 20, 2024 22:27:05 GMT -5
Do you actually think the wars wouldn't be going on now had Trump won? Wars that have nothing to do with the US. Trump said they wouldn't be going on now if he was in office. Putin didnt invade Ukraine when Trump was in command. No ones afraid of Biden. LOL. And you believe that? America has no bearing or say when it comes to the wars of other countries. You think Trump will just make a phone call and Hamas will release the hostages. Using your logic - if Trump wins then Putin will stop the attacks immediately because he is afraid of what Trump will do.
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Post by Psychocreature on Apr 20, 2024 22:46:35 GMT -5
Trump said they wouldn't be going on now if he was in office. Putin didnt invade Ukraine when Trump was in command. No ones afraid of Biden. LOL. And you believe that? America has no bearing or say when it comes to the wars of other countries. You think Trump will just make a phone call and Hamas will release the hostages. Using your logic - if Trump wins then Putin will stop the attacks immediately because he is afraid of what Trump will do. As a former President, Trump has more foreign affair knowledge than we do. He said once he gets back in office he will put an end to the war in Ukraine. After the joke of what happened in Afghanistan, leaders view Biden as weak. America has bearing because oil has a lot to do with World wars.
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Post by Hey Man on Apr 20, 2024 22:51:39 GMT -5
LOL. And you believe that? America has no bearing or say when it comes to the wars of other countries. You think Trump will just make a phone call and Hamas will release the hostages. Using your logic - if Trump wins then Putin will stop the attacks immediately because he is afraid of what Trump will do. As a former President, Trump has more foreign affair knowledge than we do. He said once he gets back in office he will put an end to the war in Ukraine. After the joke of what happened in Afghanistan, leaders view Biden as weak. America has bearing because oil has a lot to do with World wars.
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Post by Psychocreature on Apr 21, 2024 6:39:35 GMT -5
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Post by Hey Man on Apr 21, 2024 9:47:29 GMT -5
Many people who actually worked for Trump while he was President (chosen by Trump) have since come out and said he really is a complete moron, but you actually believe Trump is a stable genius. How are you not embarrassed?
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Post by Psychocreature on Apr 23, 2024 1:19:30 GMT -5
Many people who actually worked for Trump while he was President (chosen by Trump) have since come out and said he really is a complete moron, but you actually believe Trump is a stable genius. How are you not embarrassed? How are you not embarrassed by supporting a weak Joe Biden? He cant even complete a full sentence. You should also be embarrassed that the Dems are trying to steal an election by keeping Trump in court rooms, instead of being out on the campaign trail.
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