Economy Drumpfers feel bad about the economy even though the economy is extremely strong backed by data

[JonnyBonesPharmacist]

Always someone out there that believes what's in the media, more than real life. Apparently you don't buy gas? Groceries? New cars? Get a fkin grp bud, you sound like lamebrain Biden

 

[Jack V Savage]

I agree with you and I'm not in the cult. But the economy does seem kind of wonky to me from my point of view. Products all cost more , we're trying not to get to a price point of no one can afford this shit , amount of orders are down , tips seem down and when I go to the grocery store I am feeling like that bill is quite high.

Um, yeah, if your sole measure of "the economy" is how expensive things are without adjusting for people's ability to pay, it's always getting worse.

People who are sincerely trying to understand it look at stuff like employment levels, growth, inflation-adjusted wages, industrial production, construction, and consumer spending. The problem is that the data isn't cooperating with partisan narratives so we need to change it or just personally attack people who form views based on evidence.

 

[Striderxdj]

Um, yeah, if your sole measure of "the economy" is how expensive things are without adjusting for people's ability to pay, it's always getting worse.

People who are sincerely trying to understand it look at stuff like employment levels, growth, inflation-adjusted wages, industrial production, construction, and consumer spending. The problem is that the data isn't cooperating with partisan narratives so we need to change it or just personally attack people who form views based on evidence.

But I bought a 12 pack of coke when Trump was president for 4.99, right now it is 6.99, clearly that means the economy is shit and its Bidens fault.

 

[Jack V Savage]

But I bought a 12 pack of coke when Trump was president for 4.99, right now it is 6.99, clearly that means the economy is shit and its Bidens fault.

Among people who aren't just total Battisti/Nostra-style hacks, part of the issue is a natural tendency to attribute your raise and better job to your own awesomeness and higher costs to "the economy." So real wages could rise but not so much as people think they should. But also, most people think their personal situation is good and their local economy is good so the biggest part of it is just partisanship/media consumption.

 

[44nutman]

I agree with you and I'm not in the cult. But the economy does seem kind of wonky to me from my point of view. Products all cost more , we're trying not to get to a price point of no one can afford this shit , amount of orders are down , tips seem down and when I go to the grocery store I am feeling like that bill is quite high.

I think you will see prices come down. I am seeing grocery stores around here dropping prices, offering deals. Mickey D's and Wendy's are offering deals. My oldest kid eats the shit out of that Wendy's Biggie bag that is a burger, 4 nuggets, fries and a drink for like 5 bucks. I am old so I eat way cleaner now, so that does not work for me, but can find deals at the grocery store.
Shit is more expensive, but we shop smarter. Dont eat out as much. From what I have been reading a lot of other people are doing the same.
Businesses had no reason to drop prices because people were still paying them, even though their costs have gone down. Now people are tightening the belt, you will see the prices continue to come down. It is all supply and demand and our economy since I have been alive has always been peaks and valleys. Hopefully the price drops are a sign coming out of the valley.
The local grocery store we go to, has started offering Buy one get one free deals. My wife works her shopping around the deals. Last week it was chicken so we ate a lot of different chicken dishes, this week it was pork chops so that will be featured a couple times this week.

 

[Fox by the Sea]

solid bait thread

 

[44nutman]

But I bought a 12 pack of coke when Trump was president for 4.99, right now it is 6.99, clearly that means the economy is shit and its Bidens fault.

Gas was 18 cents a gallon when FDR was President in 1940. Bring back FDR.

BTW that 18 cents adjusted for inflation is $3.90 a gallon. Does that mean Biden is better than FDR?

 

[Loiosh]

Among people who aren't just total Battisti/Nostra-style hacks, part of the issue is a natural tendency to attribute your raise and better job to your own awesomeness and higher costs to "the economy." So real wages could rise but not so much as people think they should. But also, most people think their personal situation is good and their local economy is good so the biggest part of it is just partisanship/media consumption.

If Americans think their inflation is bad, they need to look around at the rest of the western world.

And they should be incredibly grateful Trump wasn't in office these past few years.

 

[Jack V Savage]

If Americans think their inflation is bad, they need to look around at the rest of the western world.

And they should be incredibly grateful Trump wasn't in office these past few years.

And incredibly worried about his plan if he gets reelected (across-the-board 10% tariffs, mass deportation, more tax cuts for the rich--all of which are very inflationary).

 

[Jack V Savage]

I think you will see prices come down. I am seeing grocery stores around here dropping prices, offering deals. Mickey D's and Wendy's are offering deals. My oldest kid eats the shit out of that Wendy's Biggie bag that is a burger, 4 nuggets, fries and a drink for like 5 bucks. I am old so I eat way cleaner now, so that does not work for me, but can find deals at the grocery store.
Shit is more expensive, but we shop smarter. Dont eat out as much. From what I have been reading a lot of other people are doing the same.
Businesses had no reason to drop prices because people were still paying them, even though their costs have gone down. Now people are tightening the belt, you will see the prices continue to come down. It is all supply and demand and our economy since I have been alive has always been peaks and valleys. Hopefully the price drops are a sign coming out of the valley.
The local grocery store we go to, has started offering Buy one get one free deals. My wife works her shopping around the deals. Last week it was chicken so we ate a lot of different chicken dishes, this week it was pork chops so that will be featured a couple times this week.

What generally happens is that prices don't come down but wages and wealth levels rise faster. And that's been what has happened recently.

 

[codfather]

Strong for who? Certainly not for people like me.

The US has the third worst housing crisis of the 38 countries in the OECD.

Last year, the LA Times described South Korea's housing crisis as "brutal", and they have the third BEST housing situation in the OECD.

Housing needs to be completely rethought, GLOBALLY; capitalism simply isn't working in that facet.

Interactive charts by the OECD

Housing prices, Price to income ratio, 2015=100, Q2 2023 or latest available

data.oecd.org

 

[nonoob]

Not Just a "Strong Economy", but MSM Scumbag Data Says "Extremely Strong".

Description Is Exact, like Brandon's BLM deadly protests were "Mostly Peaceful".​

 

[codfather]

You mean like my Daddy only gave me a small million dollar loan is how I made my wealth, when actually he got his demented dad to change the will to fuck his brothers kids out of the will. Also Trump is currently the head of the company his grandma started, but yeah Trump is self made.
The fact Trump has told the small million dollar loan lie for 40+ years in my mind makes him a fucking psycho, when its so easily disproved. Also Trumps Dad would lose millions on purpose in Donny's failure casino's to keep his loser son afloat, which at the end of the day did not work.
Let me guess, you think Trump is some self made dude, who inherited damn near a billion from his father, when adjusted for inflation. You wearing a diaper yet to own the Libs?

I'm not arguing Trump is some legendary businessman; just a very good one.

Inflation-adjusted; he turned his ~$500m inheritance into ~$7.5b; that's a 15 fold increase!

 

[DiddlyDoodly]

You mean like my Daddy only gave me a small million dollar loan is how I made my wealth, when actually he got his demented dad to change the will to fuck his brothers kids out of the will. Also Trump is currently the head of the company his grandma started, but yeah Trump is self made.
The fact Trump has told the small million dollar loan lie for 40+ years in my mind makes him a fucking psycho, when its so easily disproved. Also Trumps Dad would lose millions on purpose in Donny's failure casino's to keep his loser son afloat, which at the end of the day did not work.
Let me guess, you think Trump is some self made dude, who inherited damn near a billion from his father, when adjusted for inflation. You wearing a diaper yet to own the Libs?

Are you mad that Joe Biden and his father never seen 2 men kissing?

Here is what people call a "Trump lie"

"Black people love me"

Here is a Biden lie:

"Black people raised me"

 

[DiddlyDoodly]

I'm not arguing Trump is some legendary businessman; just a very good one.

Inflation-adjusted; he turned his ~$500m inheritance into ~$7.5b; that's a 15 fold increase!

Not to mention the Trump brand is known world wide.

 

[nostradumbass]

What did Trump specifically >>> DO <<< for that to be the case? your post proves my point in that you guys give zero specifics, but smugly point to it being cheaper when he was president, as if correlation equals causation.

As time goes on, save for a select few things (for a number of different factors like reduced manufacturing costs and component availability bringing more competing products to market), nearly everything across the world gets more expensive, irrespective of who the U.S. president is... unless there is a major crash in demand, or an overabundance of supply.

The real clowns are the ones that think that merely because things were cheaper when Trump was in office, Trump should get credit for it (as if he was the reason why) despite doing nothing at all that warrants said credit AND inheriting an already booming economy to begin with.

It's also a shallow and disingenuous interpretation of economic success to be like "Bread costs more, thanks Brandon" what specifically did Biden do to make bread cost more? What would Trump do to make it cost less? I can only speak for myself but I make more money now than I ever have, but can't afford to buy a house as interest rates (even with an 800 credit score) are too high, aside from the skyrocketing prices.

Is that Biden's fault?, does that make the economy "bad"? or is it the fact real estate investors and rental agencies can pay cash for houses (even paying tens of thousands more than asking price), throw a renter in there and make a nice monthly profit, or unload it (if necessary) for liquid capital as less supply drives prices up?

It's also silly to think that corporations don't weigh price increases against what consumers/the market will bear and factor in the absolute fact that a large percentage of people will simply blame the president/government/ party they don't like instead of them. The last few years (and record profits) have merely showed them that they can get away with charging everyone a lot more with no consequence (as any price gouging legislation/investigations get shot down)

Apparently I need to ask again; are the claims made by the Biden administration and democrats in the media true that the economy has never been better, and are promising more of the same if you vote for them, or are they lies but it's just bad luck and not their fault? You can't simultaneously say it's great, but also not his fault that it's shit.

And again, why were these companies not greedy before, but suddenly became greedy when Biden got into office?

To be fair to Biden, that decrepit bag of shit doesn't know what year it is, what year his son died and thinks his uncle was shot down and eaten by cannibals, so it's not actually him in charge of anything anyway, but you are voting for the same people to continue fucking up the same way they have been. Everybody told you that governors shutting down businesses and congress printing trillions of dollars for people to smoke weed and play video games for a year and only letting massive corporations stay open would cause massive inflation and funnel money to the richest people, but you all decided it was worth trashing the economy for years to come for you to get paid to sit on your ass. Then stupid Brandon's administration took the opportunity to pass a dumb climate bill and pretend it was "inflation reduction" by printing several hundred billion more, and then try to blame everybody else when the results are exactly what everyone who's not a democrat said they would be.

 

[44nutman]

Are you mad that Joe Biden and his father never seen 2 men kissing?

Here is what people call a "Trump lie"

"Black people love me"

Here is a Biden lie:

"Black people raised me"

Trump has stated for the last 40 years he has accumulated his wealth from a small million dollar loan from his Daddy, which is impossible to believe if you are not in a cult. Trump is currently running the company his grandma started.
The fact the dude has stone faced told that lie for 40+ years when it is so easy to disprove, means Trump is an insecure psycho. Trump even told that fucking lie in the Presidential debates.
Ole Man Joe and Ole Man Trump were both born in the 1940's, I am sure when they grew up they never saw one gay dude or chick for that matter. I mean one is 80 and the other is damn near 80. If you were a gay man in the 1940's thru 1960's you just told every one your were happy bachelor and every one assumed you were just not getting married because you were getting lots of chicks when actually you were getting a ton of dicks.
Cliffs Trump and Biden are really fucking old and unfortunately those are our choices.
Also I am calling the million dollar loan lie a lie, then you went to black people for some reason. Did Trump make all his money from one single million dollar loan from his Daddy?

 

[idrankyourbeer]

$60 Bibles

trump bibles for only 60 dollars hey? guess i'm finally gonna have to throw away my gospel of the flying spaghetti monster.

curious to see whats in there.

First Commandment: Thou shalt not accept no for an answer. Even within the holy domain of a Bergdorf Goodman's
Second Commandment: Grabbeth her byeth the pussy.

 

[44nutman]

I'm not arguing Trump is some legendary businessman; just a very good one.

Inflation-adjusted; he turned his ~$500m inheritance into ~$7.5b; that's a 15 fold increase!

Where did you get that 7.5 billon from, David Dennison, John Barron or John Miller?
I would get a cramp in my hand, typing out all of 3rd generation Trust fund Baby's Trump's business failures. The only thing he did decent at was Real Estate which wait for it, his grandma who started the company he is currently head of, got her start. Dude could not even make money in a casino, and that included his Daddy losing millions in them on purpose to keep his bad at business son afloat.
Trump is a dude that was born on 3rd base and brags to everyone he hit a triple.

 

[Loiosh]

And incredibly worried about his plan if he gets reelected (across-the-board 10% tariffs, mass deportation, more tax cuts for the rich--all of which are very inflationary).

It's hard to believe Project 2025 is a real thing.

What kind of psychopath votes for that?