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Biden creates an economic crisis--Unemployment, Inflation, risk of STAGLFATION increasing


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1 hour ago, Tiberius said:

No. That is what Hitler said, though. Blamed the whole depression on the Treaty. The Great Depression brought Hitler to power. In 1928 the Nazis got about 2% of the vote. After the Depression hit they topped out at 37% and seized power 

Hitler insisted the surrender of France during WW2 would be held in the very rail car the German's were made to surrender in after WW1.  Obviously, that was a symbolic venue which resonated with the social mood of the country at the time.  The terms of the treaty facilitated the hyperinflation experienced in Germany.  Something that didn't appear in other countries.  Compare that to the inflation rate in the US or the European countries during the 1930's

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22 minutes ago, All_Pro_Bills said:

Hitler insisted the surrender of France during WW2 would be held in the very rail car the German's were made to surrender in after WW1.  Obviously, that was a symbolic venue which resonated with the social mood of the country at the time.  The terms of the treaty facilitated the hyperinflation experienced in Germany.  Something that didn't appear in other countries.  Compare that to the inflation rate in the US or the European countries during the 1930's

The hyper inflation was gone by the time the Great Depression hit (The Depression was a deflationary event) Germany had recovered from the hyper inflation when the Nazis just got that 2% of vote in 1928 

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1 hour ago, The Frankish Reich said:

Silly nonsequiturs.

America was, and is, great. That greatness is found not in some imaginary memory of a Garden of Eden, but in our ability to continuously meet new challenges and to remain the most productive people in the world with the greatest capacity for rewarding hard work and innovation.

It seems to me that the America Haters are the ones who deny that this country remains great. That's the whole point of Make America Great Again.

Exactly.  Look at the crowds at MAGA rallies or the prose and knowledge of the MAGAs here.  Most haven't been able to access the greatness of the American dream.  They can't adapt to a changing world and labor market so they'd rather go back to 1 car, 1 tv, mac and cheese, tiny house standard of living.  In that scenario, they're not so far behind and so resentful.  America is still great for a great many.  The country is about winners and losers.  Always has been and hopefully always will be with well defined and administered rules for everyone.  Fair competition makes America great.

Edited by Joe Ferguson forever
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3 hours ago, The Frankish Reich said:

Silly nonsequiturs.

America was, and is, great. That greatness is found not in some imaginary memory of a Garden of Eden, but in our ability to continuously meet new challenges and to remain the most productive people in the world with the greatest capacity for rewarding hard work and innovation.

It seems to me that the America Haters are the ones who deny that this country remains great. That's the whole point of Make America Great Again.

 

Please.  Dems want to "fundamentally transform" America.  As I repeatedly say, you can't love something if you want to fundamentally transform it.  

 

And America's greatness is hanging-on by a thread.  But greatness doesn't automatically last and recognizing when things are starting to fall apart is the key.  Not trying to change it to something it never was.

 

As for rewarding hard work, are we?  Or are things being dumbed down?

Edited by Doc
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1 hour ago, Joe Ferguson forever said:

They can't adapt to a changing world and labor market so they'd rather go back to 1 car, 1 tv, mac and cheese, tiny house standard of living.  In that scenario, they're not so far behind and so resentful.

In other words, they cling to their guns and religion because they've been left behind by the new economy.

Hillary's gaffe was the classic Michael Kinsley gaffe: when a politician accidentally speaks the truth.

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1 hour ago, The Frankish Reich said:

In other words, they cling to their guns and religion because they've been left behind by the new economy.

Hillary's gaffe was the classic Michael Kinsley gaffe: when a politician accidentally speaks the truth.

Hillary’s gaffe…good one. Black Jesus was the author of bitter clingers. It was not a gaffe either. 🤦🏾‍♂️🤦🏾‍♀️🤦🏾

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The Bankruptcy of Bidenomics.

 

Biden’s economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.

 

Higher deficits, meanwhile, mean more spending on interest: “Rising interest rates and persistently large primary deficits cause interest costs to almost triple in relation to GDP between 2023 and 2053,” the CBO noted. Small wonder that Biden stopped bragging about the deficit.

 

 

https://reason.com/2024/02/04/the-bankruptcy-of-bidenomics/

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EVERYTHING IS GOING SWIMMINGLY:

 

America’s housing affordability crisis makes a comeback after a brief respite.

 

 “Buyers and sellers came off the sidelines in December when the Fed signaled it would lower interest rates three times in the next year, but now some are getting cold feet because the Fed indicated that rate cuts may come later than expected.

 

https://www.axios.com/2024/02/21/mortgage-rates-housing-affordability

 

 

 

I wouldn’t call a month or two a respite — more of a blip.

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The Lasting Damage of Bidenomics

Real Clear Politics, by K. S. Bruce

 

Recently, Democratic Party-cheerleading economist Paul Krugman declared, “Inflation is over. We won.” This is like a robber shooting you and then declaring, “The coma I put you in is over! We won!”

 

The truth is that the wild inflation, high interest rates, bank failures, and other economic harms of the last three years were all entirely avoidable and all entirely caused by President Biden and the Democrats’ arrogant and unwise policies.

 

This is not “Monday morning quarterbacking.” Some of us were saying this well before the fact. My May 7, 2021 column (“Joe Biden, Economy Killer”) accurately forecast the inflation, rising interest rates, and rising government debt service

 

https://www.realclearpolitics.com/articles/2024/02/24/the_lasting_damage_of_bidenonmics_150552.html

 

 

 

 

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On 2/15/2024 at 11:52 AM, Doc said:

 

Please.  Dems want to "fundamentally transform" America.  As I repeatedly say, you can't love something if you want to fundamentally transform it.  

 

And America's greatness is hanging-on by a thread.  But greatness doesn't automatically last and recognizing when things are starting to fall apart is the key.  Not trying to change it to something it never was.

 

As for rewarding hard work, are we?  Or are things being dumbed down?

People that are stuck in the past that’s you
 

They’re not transforming America things evolve

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2 hours ago, John from Riverside said:

People that are stuck in the past that’s you
 

They’re not transforming America things evolve

 

LOL!  Allowing biological males to compete against biological females, porn in children's libraries and allowing 8M illegals isn't "evolving."

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Just now, Doc said:

 

LOL!  Allowing biological males to compete against biological females, porn in children's libraries and allowing 8M illegals isn't "evolving."

Says the guy that swings over the party that had a Congresswoman literally performing sexual acts in a room filled with children and lied about it

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10 minutes ago, John from Riverside said:

Says the guy that swings over the party that had a Congresswoman literally performing sexual acts in a room filled with children and lied about it

 

Did I ever say that was OK?

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