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12-13-2023, 03:31 PM
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#1
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BANNED
Join Date: Feb 27, 2010
Location: houston
Posts: 10,238
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terrible Biden economy ?
Dow rallies more than 500 points to record, closes above 37,000 for the first time.
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![Like](/images/like.png) | 3 users liked this post
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12-13-2023, 05:07 PM
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#2
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Premium Access
Join Date: Jan 21, 2011
Location: Bonerville
Posts: 5,656
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Incredible the economy is booming better than was expected. I feel certain that this will continue as these policies have been put into place over the past 3 years.
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![Like](/images/like.png) | 1 user liked this post
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12-13-2023, 08:12 PM
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#3
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Lifetime Premium Access
Join Date: Apr 25, 2009
Location: sa tx usa
Posts: 14,547
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How the naysayers gonna justify keeping their $$$ under the mattress?
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![Like](/images/like.png) | 1 user liked this post
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12-13-2023, 09:21 PM
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#4
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Valued Poster
Join Date: Sep 26, 2021
Location: down under Pittsburgh
Posts: 9,708
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Quote:
Originally Posted by eyecu2
Incredible the economy is booming better than was expected. I feel certain that this will continue as these policies have been put into place over the past 3 years.
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... the economy is booming?
### Salty
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![Like](/images/like.png) | 2 users liked this post
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12-14-2023, 05:07 AM
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#5
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Valued Poster
Join Date: Apr 4, 2011
Location: sacremento
Posts: 3,498
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Quote:
Originally Posted by Salty Again
... the economy is booming?
### Salty
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Institutional traders control the movement in the stock market. They would not be buying up stocks with this kind of volume if they thought the economy was doing bad. The DJIA did set a new all time high under Sleepy Joe's watch.
Biden/Harris in 2024!
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![Like](/images/like.png) | 1 user liked this post
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12-14-2023, 07:18 AM
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#6
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Valued Poster
Join Date: Aug 7, 2010
Location: OPKS
Posts: 7,174
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Nothing pisses maga off more than good economic numbers.
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![Like](/images/like.png) | 1 user liked this post
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12-14-2023, 07:53 AM
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#7
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Valued Poster
Join Date: Apr 22, 2011
Location: Omaha, NE nearby
Posts: 3,005
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Quote:
Originally Posted by royamcr
Nothing pisses maga off more than good economic numbers.
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But the economy isn't that good. It depends on the numbers you look at and highlight. If a Republican were in the White House the Headlines would record credit card debt, record defaults on credit cards shows economy struggling. Plus record early withdrawal from 401K accounts.
For over 50% of Americans the economy isn't great, and getting worse.
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![Like](/images/like.png) | 3 users liked this post
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12-14-2023, 08:29 AM
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#8
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BANNED
Join Date: Feb 27, 2010
Location: houston
Posts: 10,238
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but, but, but
The Dow Jones hit another record. The economy will continue to improve throughout 2024.
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![Like](/images/like.png) | 1 user liked this post
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12-14-2023, 09:25 AM
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#9
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Valued Poster
Join Date: Aug 7, 2010
Location: OPKS
Posts: 7,174
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Quote:
Originally Posted by farmstud60
But the economy isn't that good. It depends on the numbers you look at and highlight. If a Republican were in the White House the Headlines would record credit card debt, record defaults on credit cards shows economy struggling. Plus record early withdrawal from 401K accounts.
For over 50% of Americans the economy isn't great, and getting worse.
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The government isn't responsible for people running up their debts they can't repay. That is personal responsibility.
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![Like](/images/like.png) | 1 user liked this post
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12-14-2023, 09:44 AM
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#10
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Valued Poster
Join Date: Dec 31, 2009
Location: Georgetown, Texas
Posts: 9,257
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Quote:
Originally Posted by royamcr
The government isn't responsible for people running up their debts they can't repay. That is personal responsibility.
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Excellent point. I have several family members who through their own stupidity ran up credit card debts and got into financial difficulty. Two declared bankruptcy to get out of the mess THEY created.
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![Like](/images/like.png) | 1 user liked this post
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12-14-2023, 09:47 AM
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#11
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AKA ULTRA MAGA Gurl
Join Date: Jan 8, 2010
Location: The MAGA Zone
Posts: 35,708
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Quote:
Originally Posted by VitaMan
but, but, but
The Dow Jones hit another record. The economy will continue to improve throughout 2024.
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the Dow has set a record during every presidency in modern history but you knew that right?
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![Like](/images/like.png) | 2 users liked this post
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12-14-2023, 09:55 AM
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#12
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Valued Poster
Join Date: Apr 22, 2011
Location: Omaha, NE nearby
Posts: 3,005
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Quote:
Originally Posted by royamcr
The government isn't responsible for people running up their debts they can't repay. That is personal responsibility.
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Spoken like a true government idiot that doesn't look at costs of government regulations.
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![Like](/images/like.png) | 2 users liked this post
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12-14-2023, 09:55 AM
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#13
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BANNED
Join Date: Feb 27, 2010
Location: houston
Posts: 10,238
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And the most recent presidency is.....
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![Like](/images/like.png) | 1 user liked this post
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12-14-2023, 09:57 AM
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#14
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BANNED
Join Date: Feb 27, 2010
Location: houston
Posts: 10,238
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Quote:
Originally Posted by farmstud60
Spoken like a true government idiot that doesn't look at costs of government regulations.
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This makes about as much sense as the highway department causing traffic accidents.
Or the lady that blames McDonalds for making her fat.
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![Like](/images/like.png) | 1 user liked this post
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12-14-2023, 10:05 AM
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#15
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Valued Poster
Join Date: Aug 7, 2010
Location: OPKS
Posts: 7,174
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The credit card industry needs more regulation. Trump rolled back some of the regulations.
I think unsecured lines of credit need to be limited to no more than 10% of the average of your last 3 years income reported on your taxes. There could be provisions for high net worths or if you have significant equity in a home. Student loans would have to be excluded, but private student loans would have limits.
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![Like](/images/like.png) | 1 user liked this post
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