Bidenomics Biden problems

The Market is up up only because of inflation. Inflation adjusted is down.

Fair argument, but the increases are too high to be by inflation alone. Sure inflation may have a hand in this, but it isn’t the sole cause

10% yeah, that's about the rate of increase of inflation if you count stuff like gas and groceries that they usually ignore.

Inflation is also caused by government spending, especially when funded by printing money.

Actually, it’s closer to the 3% ballpark, one of the lowest currently in the world

It says 3.8% but it's based on CPI, which comes from some suspect places. Still a "good" investment is about 4%. So we are barely breaking even.

How does that impact the finances of the average American?

B.S.

You saw the error in your argument.

Typical leftist radicalized liberal democrat emo reply.

We have been through this.

I have no need of compliment from you.

You posted the typical "stock market is up" defense of the failing economy.

When I asked my question you realized you had trapped yourself.

I know you are going to strongly disagree.

I will remain unmoved by your denials.

You haven't stated what your "REAL" reason was for posting the stock market image as rebuttal of my argument.

No.

That is not the reason.

#30 DEI IS DISCRIMINATION

You already know what my answer is.

Reaganomics did work. Sustained economic growth until Clinton raised taxes, then it slowed. Do your own research. Not just regurgitate leftist talking points.

The 80s were a boom.

Everybody with any kind of hustle was doing well.

The leftist liberal democrat always forgets one must participate in order to fill their cup with the economic wine.

Drops fill buckets, as anyone that ever had a roof leak can testify.

But you have to get off your butt and set out the bucket

It would have been better if democrats would have cut the budget also as promised. Now we have crony capitalism. Rich people do several good things with their money, and one bad. They spend it, save it, invest it, donate it and waste it on frivolous things. The one bad thing they do with it is pay taxes. Wasting it is one of the most productive uses of the rich. When rich people waste money on frivolous things that they don’t need, those things become necessity’s for the middle class. The following inventions were frivolous and unnecessary at the time. Telephones, automobiles, TV’s, air conditioning, mobile phones, airplane travel, home computers, heart transplants, and many more. Taking money from rich people, reduces the chance, or time frame for other future necessities for the middle. What might those be? Space travel, medical breakthroughs, anti-gravity? Capitalism is the answer, not government.

Not gonna lie, that was well-put.

However, at what cost? While the rich get richer, it leaves the poor behind. And they’re still people as well. Is economic progress really worth the lives left behind?

Capitalism is the answer. Most poor people in the U.S. today live better than the richest people in 1920. If climate change is a problem, capitalism is the answer, not the cause. Covid did not need handouts and over regulation. Free flow of information first. Tax breaks, or no taxes under let’s say $40,000 would get people back to work as well as getting businesses back. Rewarding productive people, not penalizing them would be a start. Overtime pay is taxed at a higher rate than regular pay. Overtime should start at 44 hours. Many employees would. Increase take home pay. Those both penalize productive people.

Well, it is hard to compare our world today from a century ago, I do like the way you think. I, for one, am all for tax breaks on lower brackets and lowering taxes on overtime pay. Covid did really set us back, and the 2020 federal government administration definitely dropped the ball on relief there