This economy is so bad

[seafoam1 3,025]

1 minute ago, BeachGuy23 said:

So these people you think so little of aren’t worthy of you?

You aren't. 

[TimHauck 2,876]

6 minutes ago, RLLD said:

I suggest your definition of "mockery" might benefit from some study of the term.  Pretending their harm is not real is the real mockery here, and you should have a little more compassion.

How does saying it’s not the worst time of their life (actually, Post-2008 was) mean “pretending their harm is not real”?

[RLLD 4,230]

14 minutes ago, BeachGuy23 said:

So these people you think so little of aren’t worthy of you providing facts to back up your moronic assertion?

You’re an elitist, uncaring monster.

Otherwise trot out your facts Mr. Uncaring Elite.

Its remarkable how you project what you are on to others.  Maybe later, you can care about someone else.... I think you might find it rewarding.

[RLLD 4,230]

13 minutes ago, TimHauck said:

How does saying it’s not the worst time of their life (actually, Post-2008 was) mean “pretending their harm is not real”?

Because that is the real level of harm

[Hardcore troubadour 15,433]

In 2008 none  of the fat cats in the Hamptons had their mansions foreclosed on. 

[TimHauck 2,876]

25 minutes ago, RLLD said:

Because that is the real level of harm

What is?

[RLLD 4,230]

20 minutes ago, TimHauck said:

What is?

What I posted

[TimHauck 2,876]

25 minutes ago, RLLD said:

What I posted

Saying post-2008 was worse for the lower classes than 2024 is “the real level of harm”?

[thegeneral 3,214]

More records

[TimHauck 2,876]

6 minutes ago, thegeneral said:

More records

This is helping his point because it’s driven by the upper class.

But lower unemployment and less people living in poverty still says he is wrong.

[TimHauck 2,876]

https://www.bls.gov/charts/employment-situation/unemployment-rates-for-persons-25-years-and-older-by-educational-attainment.htm#
 

The unemployment rate for those 25 years or older with less than a high school diploma was over 14% for 2.5 years from 2009-2011, and over 9% for HS graduates with no college.

As of May 2024, those numbers are 5.9% and 4.3%, respectively.

 

[Maximum Overkill 1,989]

 

 

[seafoam1 3,025]

1 hour ago, Maximum Overkill said:

 

 

[The Real timschochet 6,764]

7 hours ago, RLLD said:

It absolutely is the worst in their lifetime, no question.  They are suffering more than then ever have.

Its a big part of the ongoing migration of voters toward Trump

Do you have any real numbers, statistics, to back this up? 

[TimHauck 2,876]

6 hours ago, The Real timschochet said:

Do you have any real numbers, statistics, to back this up? 

Nope.  He has interviews with randos on youtube saying they are voting for Trump, and not even saying it was the worst economy of their lifetime (not that that would prove anything anyway)

[GutterBoy 2,899]

Donald has no fiscal policy.  He rants about nonsense like eliminating taxes on tips, 10% across the board tariffs, eliminating all income tax and replacing with 100% tariff, etc.  His record is reducing taxes for corps and wealthy and exploding the debt.  He's not good.

It's why every fortune 50 CEO is against him, why 16 economists said his "policies" are inflationary.  He would be a disaster for our economy.

[Hardcore troubadour 15,433]

Hopefully if Trump gets in he can return us to the economy we had before China hit us with Covid and Biden/ Harris. 

[RLLD 4,230]

5 minutes ago, Hardcore troubadour said:

Hopefully if Trump gets in he can return us to the economy we had before China hit us with Covid and Biden/ Harris. 

You should temper your expectations.  It would likely be true that he would perhaps not lie about things, maybe.... and that would be a stride forward.  But to expect him to sweep in and make quirk repairs to the level of damage done by these horrid policies is a bit much.

Leaving the Fed to fight inflation without doing simple stupid things that foment it would at least be something....but it might take more than one administration to fix all this damage.....

[TimHauck 2,876]

37 minutes ago, GutterBoy said:

Donald has no fiscal policy.  He rants about nonsense like eliminating taxes on tips, 10% across the board tariffs, eliminating all income tax and replacing with 100% tariff, etc.  His record is reducing taxes for corps and wealthy and exploding the debt.  He's not good.

It's why every fortune 50 CEO is against him, why 16 economists said his "policies" are inflationary.  He would be a disaster for our economy.

Was he a disaster from 2016-2019?

[GutterBoy 2,899]

1 minute ago, TimHauck said:

Was he a disaster from 2016-2019?

Look at the record. He inherited a great economy and what did he do with it?  Huge tax cut and began imposing tariffs.  The tax cut added to the debt, and then he spent trillions more during COVID when the economy crashed. There is also analysis that his tariffs added to inflation in 2019 and cost manufacturing jobs.

Was it a disaster? No, given that the economy was good.  Now the economy is more tenuous, and those same policies would be bad.  We need to fight inflation and reduce the deficit now, and trump would increase both.

[Maximum Overkill 1,989]

51 minutes ago, GutterBoy said:

He would be a disaster for our economy.

Because it's soo good now?  

[Engorgeous George 2,331]

The price of beef in stores shocks me, I can't bring myself to pay it so I get chicken or pork.  The price of my homeowners insurance and car insurance has sky-rocketed.  In my region gas has fluctuated around $3 per gallon which I find acceptable.  The cost of cocaine has remained steady since the 80's.  That stuff is inflation proof. 

[RLLD 4,230]

9 hours ago, The Real timschochet said:

Do you have any real numbers, statistics, to back this up? 

Here is but one source that is highlighting the move of voters based in part on economics

Quote

Other surveys suggest the backward-looking judgments on Trump have further improved since then. In an April national New York Times/Siena College survey, for instance, slightly more registered voters (48%) now say Trump left the country better off than worse off (46%) after his presidency.

 

If you think they are wrong, I get that.  But they will still be voting based on what they think and feel, and telling them they are wrong about it....that is not likely going to sway them back to Biden.

[TimHauck 2,876]

15 minutes ago, RLLD said:

Here is but one source that is highlighting the move of voters based in part on economics

 

If you think they are wrong, I get that.  But they will still be voting based on what they think and feel, and telling them they are wrong about it....that is not likely going to sway them back to Biden.

Are the people you’re referring to that are “suffering the worst of their lives” all under 8 years old?  People saying they will vote for Trump doesn’t mean this is the worst economy of their lifetime.

[RLLD 4,230]

19 minutes ago, TimHauck said:

Are the people you’re referring to that are “suffering the worst of their lives” all under 8 years old?  People saying they will vote for Trump doesn’t mean this is the worst economy of their lifetime.

Its a fantastic question, its in fact the one I have been waiting for.

For those who were around, and aware, during the late 70's the current situation is somewhat familiar; and then later ups and downs can be readily compared of course.

For those who were active in the labor market during the 2005-2010 debacle and in the lower strata there is not an easy comparison as the "hit" in that era was disproportionately to the upper classes. It was during that era that the lower strata tool some joy and there were news reports of people noting "now you know how we feel" kind of stuff.

So then, those in the labor force today, in those lower strata jobs, have never been harmed to this degree in their lives....this is the worst economy of their lives.

[TimHauck 2,876]

6 minutes ago, RLLD said:

For those who were active in the labor market during the 2005-2010 debacle and in the lower strata there is not an easy comparison as the "hit" in that era was disproportionately to the upper classes. It was during that era that the lower strata tool some joy and there were news reports of people noting "now you know how we feel" kind of stuff.

So then, those in the labor force today, in those lower strata jobs, have never been harmed to this degree in their lives....this is the worst economy of their lives.

Incorrect:

14 hours ago, TimHauck said:

https://www.bls.gov/charts/employment-situation/unemployment-rates-for-persons-25-years-and-older-by-educational-attainment.htm#
 

The unemployment rate for those 25 years or older with less than a high school diploma was over 14% for 2.5 years from 2009-2011, and over 9% for HS graduates with no college.

As of May 2024, those numbers are 5.9% and 4.3%, respectively.

 

 

[RLLD 4,230]

Just now, TimHauck said:

Incorrect:

 

But......those are......two different sets of people.....

[TimHauck 2,876]

1 minute ago, RLLD said:

But......those are......two different sets of people.....

Generally speaking, do you disagree that those with less than a high school diploma would largely be included as part of the “lower strata”?

[RLLD 4,230]

1 minute ago, TimHauck said:

Generally speaking, do you disagree that those with less than a high school diploma would largely be included as part of the “lower strata”?

I surmise that you are missing the point.

Lets posit, for a moment, that the people currently in that lower strata....and polling as they are.....  were active in the labor market in those 2000's.....and lets further pretend that they still are...... they YOUR premise is that they should suck it up and STFU because its not so bad, well I think they hold a different point of view.....

In reality, the current composition of the lower strata is likely different, and due to this those folks currently in that area have never experienced an economy this harmful, it is for them the worst in their lifetime. 

When making comparisons it can be.....comforting... to find things that uphold your point of view, but more rewarding to consider the multivariate elements. HTH

[Hardcore troubadour 15,433]

On 6/26/2024 at 6:23 AM, GutterBoy said:

Donald has no fiscal policy.  He rants about nonsense like eliminating taxes on tips, 10% across the board tariffs, eliminating all income tax and replacing with 100% tariff, etc.  His record is reducing taxes for corps and wealthy and exploding the debt.  He's not good.

It's why every fortune 50 CEO is against him, why 16 economists said his "policies" are inflationary.  He would be a disaster for our economy.

Lol. One of those “economists “ is Janet Yellins husband.  He also years ago said Chavez’s economic plan would be great for Venezuela. No inflation there. That’s the place where they ended up eating the zoo animals. But this is how they do. Call them “experts” and feed it to the likes of Gutterboy and get them to repeat it. Also nearly all of them have donated thousands of dollars to democrats.  Nice job Gullibleboy. You did your part. 

[GutterBoy 2,899]

14 minutes ago, Hardcore troubadour said:

Lol. One of those “economists “ is Janet Yellins husband.  He also years ago said Chavez’s economic plan would be great for Venezuela. No inflation there. That’s the place where they ended up eating the zoo animals. But this is how they do. Call them “experts” and feed it to the likes of Gutterboy and get them to repeat it. Also nearly all of them have donated thousands of dollars to democrats.  Nice job Gullibleboy. You did your part. 

Oh look the dummy that doesn't understand economics dismisses sound opinions based on a FoxNews article he read that personally attacks a few of the economists.

Forget the fact that Trump's previous tariffs have been shown to be inflationary.  Don't even bother with facts, let's ignore facts for personal reasons.

Focking idiot POS.

[Hardcore troubadour 15,433]

1 minute ago, GutterBoy said:

Oh look the dummy that doesn't understand economics dismisses sound opinions based on a FoxNews article he read that personally attacks a few of the economists.

Forget the fact that Trump's previous tariffs have been shown to be inflationary.  Don't even bother with facts, let's ignore facts for personal reasons.

Focking idiot POS.

Experts! Just like the 51 experts that said the laptop was a Russian plant.  You useful idiot. Blame it on Fox, but make sure you don’t refute the facts. 

[GutterBoy 2,899]

4 minutes ago, Hardcore troubadour said:

Experts! Just like the 51 experts that said the laptop was a Russian plant.  You useful idiot. Blame it on Fox, but make sure you don’t refute the facts. 

I don't think these economists said Hunter's laptop was a russian plant you ass hole.  And there are more than these 16 that agree.  Most everyone agrees.

[RLLD 4,230]

11 minutes ago, Hardcore troubadour said:

Experts! Just like the 51 experts that said the laptop was a Russian plant.  You useful idiot. Blame it on Fox, but make sure you don’t refute the facts. 

Essentially yes, this is how they defend the indefensible....lie....but find others willing to lie as well.  Later, when the lie can no longer be useful....admit it....but by then who cares. the stupid among us devour the obvious lie.....vote them into power.....

[GutterBoy 2,899]

7 minutes ago, RLLD said:

Essentially yes, this is how they defend the indefensible....lie....but find others willing to lie as well.  Later, when the lie can no longer be useful....admit it....but by then who cares. the stupid among us devour the obvious lie.....vote them into power.....

lie?

In her interview with Vox, Ambassador Tai contended that consumers do not necessarily wind up paying the cost of high tariffs. “When we have started looking back at the last five and six years of prices in the United States, you did not see an automatic increase in prices as a result of tariffs,” she told King. After all, the companies that import goods could simply choose not to pass along the cost of tariffs to their customers.

Except, in reality, they always do pass along the cost. At least four different high-quality studies have looked at the Trump tariffs. All have found “complete” or “almost complete” passthrough: that is, the tariffs were paid for entirely or almost entirely by US consumers in the form of higher prices. Make no mistake: US consumers pay for tariffs we impose.

https://www.vox.com/policy/357191/katherine-tai-united-states-trade-biden-trump-tariffs

[RLLD 4,230]

6 minutes ago, GutterBoy said:

lie?

In her interview with Vox, Ambassador Tai contended that consumers do not necessarily wind up paying the cost of high tariffs. “When we have started looking back at the last five and six years of prices in the United States, you did not see an automatic increase in prices as a result of tariffs,” she told King. After all, the companies that import goods could simply choose not to pass along the cost of tariffs to their customers.

Except, in reality, they always do pass along the cost. At least four different high-quality studies have looked at the Trump tariffs. All have found “complete” or “almost complete” passthrough: that is, the tariffs were paid for entirely or almost entirely by US consumers in the form of higher prices. Make no mistake: US consumers pay for tariffs we impose.

https://www.vox.com/policy/357191/katherine-tai-united-states-trade-biden-trump-tariffs

Yes lie.  You should at least learn from the last time they ran this gambit.  That laptop maneuver is being used here again.  They find people willing to lie to support the Democrat cause and line up behind a false premise. To manipulate people.

Its the same tactic as before, which should at the very least cause all of us to pause and seek to learn more.   Dont fall for the same trick twice 

[Hardcore troubadour 15,433]

Just now, RLLD said:

Yes lie.  You should at least learn from the last time they ran this gambit.  That laptop maneuver is being used here again.  They find people willing to lie to support the Democrat cause and line up behind a false premise. To manipulate people.

Its the same tactic as before, which should at the very least cause all of us to pause and seek to learn more.   Dont fall for the same trick twice 

They like it. 

[GutterBoy 2,899]

Just now, RLLD said:

Yes lie.  You should at least learn from the last time they ran this gambit.  That laptop maneuver is being used here again.  They find people willing to lie to support the Democrat cause and line up behind a false premise. To manipulate people.

Its the same tactic as before, which should at the very least cause all of us to pause and seek to learn more.   Dont fall for the same trick twice 

Enough with the focking laptop, it has nothing to do with tariffs.

Did the Trump tariffs raise prices for consumers?  Yes or No?

[RLLD 4,230]

10 minutes ago, GutterBoy said:

Enough with the focking laptop, it has nothing to do with tariffs.

Did the Trump tariffs raise prices for consumers?  Yes or No?

it is not about the laptop, nor the tariffs.....

It is about the behavior....now you should consider that the Democrats might be using the same exact tactic as was done with the laptop to suppress it.  You should at least consider the potential for this before accepting without restrain when the Democrats trot out of group of people like this.

All I am saying.....is learn from them and how they operate, and do not allow yourself to again be victimizes by their ruthless pursuit of power.

[GutterBoy 2,899]

1 minute ago, RLLD said:

it is not about the laptop, nor the tariffs.....

It is about the behavior....now you should consider that the Democrats might be using the same exact tactic as was done with the laptop to suppress it.  You should at least consider the potential for this before accepting without restrain when the Democrats trot out of group of people like this.

All I am saying.....is learn from them and how they operate, and do not allow yourself to again be victimizes by their ruthless pursuit of power.

When my doctor prescribes medicine for me, I don't ask him who he voted for.

When my arborist tells me my tree should be pruned, I don't ask him which political party he donated to.

When an economist shares their opinion on tariffs that is backed up with data, I don't care who they are married to.

You need to get a grip on reality.