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Current Events => The DUmpster => Topic started by: DUmpDiver on May 18, 2024, 07:47:05 AM

Title: The economy isn't working for many people. It's paycheck to paycheck for many fa
Post by: DUmpDiver on May 18, 2024, 07:47:05 AM
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Raven (13,915 posts)
Fri May 17, 2024, 05:39 PM

The economy isn't working for many people. It's paycheck to paycheck for many families, especially young families.
I think Biden is going to have to focus more on what he's going to do in his second term.

https://www.democraticunderground.com/100218957848

Why hasn't he focused on it this term, Raven?

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XanaDUer2 (10,889 posts)
1. I really wanted to see money
Reply to Raven (Original post)
Fri May 17, 2024, 05:42 PM
Sent to people to take the edge off gas and groceries like $500 or something. I'm sure Republicans would block that. But I was hoping

It costs $12K more per year to survive under Bidenomics. $500 wouldn't make a dent in that.

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jimfields33 (16,213 posts)
53. It would actually make inflation worse.
Reply to XanaDUer2 (Reply #1)
Sat May 18, 2024, 06:37 AM
I know that doesn’t make sense. I wish it didn’t, but it does increase prices on everything when an influx of money goes into the economy.

This DUmmie can't figure out how more money chasing the same goods causes inflation. :thatsright:

Title: Re: The economy isn't working for many people. It's paycheck to paycheck for many fa
Post by: CollectivismMustDie on May 18, 2024, 08:45:30 AM
If only she would live up to her namesake, and post nevermore.
Title: Re: The economy isn't working for many people. It's paycheck to paycheck for many fa
Post by: Old n Grumpy on May 18, 2024, 08:51:04 AM
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Inflation continues to be higher because people continue to spend money. If people didn't have money to spend, the economy would cool and Inflation would drop even more than what we've seen.

What a genius, stop spending money quit wasting it on fuel and food and medicine and all the other bills that you have. Go to the grocery store and tell him you want your order for free. See how that works out.

They just can’t hold up to the fact that this dip shit in office ruined the economy, as well as ruining the rest of the country on regulated immigration :thatsright: :rant: :rant: :rant: :rant: :rant:

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9. I'm afraid that Biden is giving the impression that everything is fine and it's just not

Looks like someone is awake over there!
Title: Re: The economy isn't working for many people. It's paycheck to paycheck for many fa
Post by: SVPete on May 18, 2024, 08:55:32 AM
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Raven (13,915 posts)
Fri May 17, 2024, 05:39 PM

The economy isn't working for many people. It's paycheck to paycheck for many families, especially young families.
I think Biden is going to have to focus more on what he's going to do in his second term.

Ruh-roh Raggy! Someone's mental gears are grinding trying to acknowledge economic reality without placing responsibility where it has been earned.

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XanaDUer2 (10,889 posts)
1. I really wanted to see money
Reply to Raven (Original post)
Fri May 17, 2024, 05:42 PM
Sent to people to take the edge off gas and groceries like $500 or something. I'm sure Republicans would block that. But I was hoping

Typical Prog non-thinking ... throw government money at a problem that was caused by government policies and throwing government money at problems.
Title: Re: The economy isn't working for many people. It's paycheck to paycheck for many fa
Post by: Ralph Wiggum on May 18, 2024, 09:02:04 AM
Just blame it all on corporate greed, which low IQ voters tend to fall for. The government overregulation of business and industry is one of the major culprits in rising prices.
Title: Re: The economy isn't working for many people. It's paycheck to paycheck for many fa
Post by: ADsOutburst on May 18, 2024, 09:36:03 AM
Just two days ago, there was a DU thread about the DOW hitting 40,000, and how this was a manifest sign of Bidenomics working well. Now, they say the economy isn't working well for everyone, and Biden will need to focus in his second term.

(Also, they're assuming he will even get a second term).
Title: Re: The economy isn't working for many people. It's paycheck to paycheck for many fa
Post by: Rebel on May 18, 2024, 12:02:31 PM
These are the idiots who get their lessons in economics from this idiot:

Nobel economist Paul Krugman gets trolled for saying inflation is over if you just exclude most of what people buy (https://www.businessinsider.com/paul-krugman-inflation-chart-food-energy-gas-housing-prices-economy-2023-10?op=1)

The Jim "Bear Stearn!" Cramer of Economics
Title: Re: The economy isn't working for many people. It's paycheck to paycheck for many fa
Post by: DUmpDiver on May 18, 2024, 02:55:02 PM
Just blame it all on corporate greed, which low IQ voters tend to fall for. The government overregulation of business and industry is one of the major culprits in rising prices.

To hear Joe tell it, corporations just became greedy once he took office. :hammer:

Corporations have always been "greedy." Their primary reason for existence is to maximize shareholder wealth.
Title: Re: The economy isn't working for many people. It's paycheck to paycheck for many fa
Post by: Ralph Wiggum on May 18, 2024, 03:27:24 PM
These are the idiots who get their lessons in economics from this idiot:

Nobel economist Paul Krugman gets trolled for saying inflation is over if you just exclude most of what people buy (https://www.businessinsider.com/paul-krugman-inflation-chart-food-energy-gas-housing-prices-economy-2023-10?op=1)

The Jim "Bear Stearn!" Cramer of Economics

Krugman is such a dolt although I do "hate read" his columns just for the laughter, similar to reading the DUmp.

One of the little secretive weapons that the government uses to manipulate statistics are the basket of goods included in measuring inflation. Rents and insurance costs are excluded, both of which have been skyrocketing under "Bidenomics". Hell, my own home and car insurance rates have dramatically increased, and I'm at the age where I'm not high risk. It is happening to everyone, due to the regulatory burden imposed by Big Gooberment.
Title: Re: The economy isn't working for many people. It's paycheck to paycheck for many fa
Post by: 67 Rover on May 18, 2024, 06:47:54 PM
https://www.democraticunderground.com/100218957848

Why hasn't he focused on it this term, Raven?

It costs $12K more per year to survive under Bidenomics. $500 wouldn't make a dent in that.

This DUmmie can't figure out how more money chasing the same goods causes inflation. :thatsright:

41% of the time on vacation and the rest is treated as a part time job with flexible hours.

No joke. :censored:
Title: Re: The economy isn't working for many people. It's paycheck to paycheck for many fa
Post by: Airwolf on May 18, 2024, 06:49:42 PM
I hate it when idiots talk about economics like they can solve the problems by just following the same thing the Commies have tried for centuries to do and failed each and every time
Title: Re: The economy isn't working for many people. It's paycheck to paycheck for many fa
Post by: SVPete on May 18, 2024, 07:02:51 PM
I hate it when idiots talk about economics like they can solve the problems by just following the same thing the Commies have tried for centuries to do and failed each and every time

Modern Communists/Socialists/Marxists/Fascists:

https://www.youtube.com/watch?v=yIBdVkJ9L-k

(1:46 video)