watson503
Well-known member
..after the cocktail of Adderall and whatever else they pump him full of wears-off:
rsm
Well-known member
J
JackTripper
Well-known member
Really? The S&P is trading almost 90% higher today than it was exactly four years ago. We were on the cusp of a14% unemployment rate. Oh yeah, and a looming pandemic. Good times.
Floyd Eye
Well-known member
You think unemployment was worse under Trump ? And you may not know this, but just because the market has rebounded some now, that doesn’t restore the damage that has been done over the last 3 years.
Maybe you get your facts from the same place Joe Scarborough does. ?
shar-vell Dan
Well-known member
rsm
Well-known member
My portfolio is doing well, so can't complain...except that I think the market is extremely overvalued; it's being artificially managed to protect Bozo Biden before the election. I fully expect a correction (crash, depression or recession) shortly after the election results are known irrespective of the winner.
Powell was recently questioned by the House; he was asked about his statements regarding "government spending levels are unsustainable" and "far exceed our GDP" etc., IIRC.
The correction is going to be epic whenever it happens. I'm trying to retire early in 2-3 years, and I'm sure as soon as I retire, the correction (crash) will happen, and resulting depression will last at least 10 years before recovery begins.
I hope I'm wrong
Floyd Eye
Well-known member
Now do Trump and Biden Dan. You know, what we are actually talking about. Jesus fucking Christ. You might as well have trotted out Trump versus Truman. What the fuck.
Dan Gleesak
Well-known member
Edit* didn’t realize this was just for Massachusetts. I’ll keep it up though cause we are the best state anyways
I don’t really have a dog in this fight because I’d prefer Trump and Biden to both fuck off, but I think it’s a pretty safe assumption that the crazy spike in unemployment around April of 2020 was covid lay offs.
It seems that by the end of 2023 unemployment was about the same as it was pre-pandemic
Last edited:
shar-vell Dan
Well-known member
https://www.aol.com/news/katie-britt-response-biden-state-144830079.html
I'll just leave this here ...
I'll just leave this here ...
J
JackTripper
Well-known member
I wasn't stating what I think. I provided well-established metrics that coincidentally drive public sentiment. You can think what you want of those metrics. Maybe you can provide alternative ones that support your point rather than a trite retort?
Floyd Eye
Well-known member
You provided well established metrics ? I didn’t see any. You provided a fantasy fueled alternative reality where Biden hasn’t wrecked the economy and his approval numbers aren’t in the 30s. Kinda like Joe Scarborough.
rsm
Well-known member
Many stocks are overvalued; Fed monetary policy activities; corporate market activities; commercial real estate, etc., all well choreographed and propped up. Market valuation is also not consistent with GDP growth (2024, 1.5%).
Then there's the deficit:
https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/
https://www.usdebtclock.org/
and interest on debt:
https://www.pgpf.org/blog/2024/02/what-is-the-national-debt-costing-us#:~:text=The Congressional Budget Office (CBO,trillion over the next decade.
edit: also rising consumer debt; and defaults on those debts...
Last edited:
84superchamp
Well-known member
Wow! Odd how that spike under Trump’s presidency coincides with the height of Covid!
V
VonBonfire
Well-known member
Bro you are killing me and the old lady with laughter over this this morning.
shar-vell Dan
Well-known member
Odd how DT disbanded the overseas CDC unit that contains outbreaks around the world including recalling the CDC unit from China just before C19 broke out and spread globally. Yes odd.
How do a know this because one of my in-laws is Career Military and handled SARS & Ebola and a bunch of other nasty shit folks no nothing about and works in the CDC that handles that.
C19 could have been contained had they been allowed to do their job but DT was too obcessed w/a petty trade war with Jina one that was a disaster in many ways than one.
When millions of humans die under your watch you are responsible all politics aside.
Thats a heavy cost and heavy burden.
Im sure it would bother DT if he had a conscience.
So you can blame Tony Fauci and whoever else but by the time it was in the CONUS it wasn't "if" people were gonna die but "how many" and "how long".
Can't wait for the next one.
70 Mach 1
Well-known member
OK so I had to tune in for short tidbits to see where it was going
can anyone tell me what juice they pumped into this idiot.
he spoke a mile a minute and yelled and grouched out like my grandpa did when he smelt weed in my room
was more like a rally than a SOTU
we are in very sad shape.
can anyone tell me what juice they pumped into this idiot.
he spoke a mile a minute and yelled and grouched out like my grandpa did when he smelt weed in my room
was more like a rally than a SOTU
we are in very sad shape.
Floyd Eye
Well-known member
Clearly you haven’t read the data obtained by FOIA request proving the Chinese, funded by Fauci and the CDC created the god damn virus in the first place. Proving that Biden, Fauci, the democrats and all the legacy media were balls deep in Biden’s crotch trying to convince everyone it came from a bat.
Odd how DT disbanded the overseas CDC unit that contains outbreaks around the world including recalling the CDC unit from China just before C19 broke out and spread globally. Yes odd.
How do a know this because one of my in-laws is Career Military and handled SARS & Ebola and a bunch of other nasty shit folks no nothing about and works in the CDC that handles that.
C19 could have been contained had they been allowed to do their job but DT was too obcessed w/a petty trade war with Jina one that was a disaster in many ways than one.
When millions of humans die under your watch you are responsible all politics aside.
Thats a heavy cost and heavy burden.
Im sure it would bother DT if he had a conscience.
So you can blame Tony Fauci and whoever else but by the time it was in the CONUS it wasn't "if" people were gonna die but "how many" and "how long".
Can't wait for the next one.
84superchamp
Well-known member
All the analysts said pre-speech that it would be more of a campaign speech than a SOTU “report” and they were right.
Free tv campaign coverage.