Why do you Trump lovers think the economy is doing bad?

[Redhot1960]

If a Houston builder keeps his yap shut when he is signing up new customers from across the country. He will make a lot of money off TRUMP LOVERS, fuckers...

other wise build in Austin

[bambino]

The economy sucks.

[WTF]

Originally Posted by bambino

The economy sucks.

This was a question concerning the over-all country...not your personal finance!

[WTF]

Originally Posted by Redhot1960

If a Houston builder keeps his yap shut when he is signing up new customers from across the country. He will make a lot of money off TRUMP LOVERS, fuckers...

other wise build in Austin

Ain't no money in double-wide pads!

[bambino]

Originally Posted by WTF

This was a question concerning the over-all country...not your personal finance!

The over-all country sucks too. My financial condition is fine. But thanks for the rude and insulting comment.

BTW. This is YOUR thread title

Why do you Trump lovers think the economy is doing bad?


It clearly says ECONOMY!!!!!!! You’re off topic too!!!!!

[Tiny]

Originally Posted by WTF

Shirley you understand what China being shutdown for so long meant to inflation? Your word of the day is "decouple" and how that may effect inflation.

So yes the huge stimulus checks both Trump and Biden provided seem a tab over reactive in hindsight but the people crying about inflation cashed them! Wtf did they expect?

Combine that with the war which have effected grain prices, the underpinning of food prices along with energy prices.

I understand you Reagan acolytes wanting to avoid this basic replay from 1980 but it basically is.

Originally Posted by farmstud60

You really are wrong about everything. Biden took office and pushed more stimulus money out the door when it absolutely wasn't needed, and provide nothing more than inflation.

While you are correct that both parties during an election year shoved too much money out the door is true, it is also true they shut the economy down a totally stupid and unscientific way. Smart people woke up by June and July, mainly Republican run states.


World wide weather issues have caused some increases in grain prices by reduced supplies, but the Ukraine war is not the primary reason for higher grain prices.


Much of the food price increase is from Bidens war on fossil fuels and the dramatic increase in fuel and transportation costs.


Biden's economy is the rerun of the disaster of the 1970's. Typical Democrat long term economic destruction, which Obama and Biden have both done. Trump did reduce the problem briefly, but too many regulations often implemented without congressional approval is having the historical disasterous effect like Democrats who have failed history keep promoting.

Gentlemen, I posted on this over in Blackman's thread. It's instructive to look at the timing of higher inflation. It hit us in the USA earlier than the rest of the world, and I'd attribute that largely to Biden's American Rescue Plan. The average wage earner saw prices go up by about 1.5% more than his paychecks before higher inflation hit other countries, and about the same since then. Since Biden took office, the workingman has lost around 3% of his purchasing power.

LustyLad made a couple of great posts about this,

https://eccie.net/showpost.php?p=106...2&postcount=39
https://eccie.net/showpost.php?p=106...7&postcount=40

[WTF]

Originally Posted by Tiny

Gentlemen, I posted on this over in Blackman's thread. It's instructive to look at the timing of higher inflation. It hit us in the USA earlier than the rest of the world, and I'd attribute that largely to Biden's American Rescue Plan. The average wage earner saw prices go up by about 1.5% more than his paychecks before higher inflation hit other countries, and about the same since then. Since Biden took office, the workingman has lost around 3% of his purchasing power.

LustyLad made a couple of great posts about this,

https://eccie.net/showpost.php?p=106...2&postcount=39
https://eccie.net/showpost.php?p=106...7&postcount=40

We realize wtf you and twinkle toes thinks the reason(s) are but like food inflation it is much more complicated than "Biden bad". That is some simpleton/partisan bs right there.


https://www.fas.usda.gov/data/ukrain...ood-insecurity

number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher. Other factors affecting global markets, which date back to late 2020, include: increased global demand, led by China; drought-reduced supplies; tightening wheat, corn, and soybean stocks in major exporting countries; high energy prices pushing up the costs of fertilizer, transportation, and agricultural production; and countries imposing export bans and restrictions, further tightening supplies.

[Tiny]

Originally Posted by WTF

number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher. Other factors affecting global markets, which date back to late 2020, include: increased global demand, led by China; drought-reduced supplies; tightening wheat, corn, and soybean stocks in major exporting countries; high energy prices pushing up the costs of fertilizer, transportation, and agricultural production; and countries imposing export bans and restrictions, further tightening supplies.

Eighteen months ago was August 8, 2021. The $1400 per person checks from the American Rescue Plan started hitting peoples' bank accounts in mid March of 2021. Here's YoY CPI inflation in the relevant period. I'll put the USA number first and EU number second.

Feb 2021: 1.7% USA / 0.9% EU
Mar 2021: 2.6% / 1.3% EU
Apr 2021: 4.2% / 1.6% EU
May 2021: 5.0% / 2.0% EU
Jun 2021: 5.4% / 1.9% EU
Jul 2021: 5.4% / 2.2% EU

During that 5 month period, the US CPI was up 3.3% and average hourly wage was up 2.0%. The workingman lost 1.3% of his purchasing power.

U.S. CPI was higher than European CPI until June, 2022, when the effect of sky high natural gas prices in Europe really started to bite.

[WTF]

Originally Posted by Tiny

U.S. CPI was higher than European CPI until June, 2022, when the effect of sky high natural gas prices in Europe really started to bite.

Those were good times there!

You are trying to turn a very complex equation in simple math.

Nobody is denying that in hindsight there may have been overstimulation....but you want to blame that all on one man or one party. That is an insult to intelligence. You're starting to mimic Donald Trumps tweets!

[Tiny]

Originally Posted by WTF

Those were good times there!

Yeah for you and me. Not so much for the workingman when he had to fill his gas tank.

[WTF]

Originally Posted by Tiny

Yeah for you and me. Not so much for the workingman when he had to fill his gas tank.

That's Capitalism

[Tiny]

Originally Posted by WTF

Nobody is denying that in hindsight there may have been overstimulation....but you want to blame that all on one man or one party. That is an insult to intelligence. You're starting to mimic Donald Trumps tweets!

No, I blame "overstimulation" on Joe Biden, Donald Trump, and a Democratic Congress. Senate Republicans were the only ones watching the purse strings. If I recall correctly, the Donald and Nancy Pelosi tried to strong arm Mitch into sending out $2000 checks to most Americans around the tail end of 2020. Mitch held fast, but he and his colleagues' efforts came to naught when Democrats later took control of the Presidency, House and Senate.

[WTF]

Originally Posted by Tiny

No, I blame "overstimulation" on Joe Biden, Donald Trump, and a Democratic Congress. Senate Republicans were the only ones watching the purse strings. If I recall correctly, the Donald and Nancy Pelosi tried to strong arm Mitch into sending out $2000 checks to most Americans around the tail end of 2020. Mitch held fast, but he and his colleagues' efforts came to naught when Democrats later took control of the Presidency, House and Senate.

I slightly blame anyone who cashed those checks and is now crying about inflation!

Our economic guru comes to mind!

[Levianon17]

Originally Posted by WTF

Lowest unemployment in 50 years isn't a good economy?

Maybe you can speak with Powell then and tell him to start lowering the intrest rates. That'd make me a ton of money with a couple of the REIT I currently have.

The unemployment rate was low during Trump's administration before the pandemic. The restrictions are beginning to fade out and the Job market is recovering it's no big miracle.

[Salty Again]

Originally Posted by WTF

Ain't no money in double-wide pads!

... I'm wondering WHY you seem to think that the lot of
Trump supporters are dummys and ignerent rubes??

The economy is in the shithouse.

... And also wonderin' how a fellow can be "off-topic"
in HIS-OWN thread...

#### Salty