The economy is actually bad

Savvir

Veteran
Joined
Oct 8, 2014
Messages
18,948
Reputation
2,664
Daps
98,383
:beli: tell me you aren't fukking playing stupid about hunter biden influence peddling

i already told you that jared kushner was worse. no one is singling out your precious democrats
Post the source of him selling his paintings for $100k…

Why is this so hard for you to do?
 

Lexington Steele

All Star
Bushed
Joined
May 25, 2012
Messages
2,304
Reputation
845
Daps
9,858
Reppin
Porn
That isnt factually acurrate, thats objectively false. The economy has had several months of consecutive job growth with higher job numbers than expected, the labor force participation rate is high, boom in electric manufacturing . Inflation is at its lowest point in the last two years, it has fallen down to 3percent.
It is simply false to say the US economy is bad thats just fantasy. Also the us has among the lowest inflation rate in comparison to other developed countries, ie the UK, the inflation is a global phenomenon and issue and the US economy is holding up well
 

Lexington Steele

All Star
Bushed
Joined
May 25, 2012
Messages
2,304
Reputation
845
Daps
9,858
Reppin
Porn
The flaw in Mehlhorn’s argument, or one of them, is that for many Americans, “something really bad” is already happening. Nearly 10 percent have significant medical debt. Millions must work two jobs to make ends meet. More than half of Americans say they couldn’t get their hands on $1,000 in an emergency. An August 2022 analysis found that more than one in four feared imminent eviction or foreclosure. Around 10 percent of student debtors default in their first year of repayment—a number that will likely increase following the Supreme Court’s rejection of Biden’s initial timid relief initiative. Many of these conditions were in place under Clinton and Bush, especially as manufacturing jobs moved overseas, but the 2008 financial crisis and the pandemic have inflicted traumas on American society that will play out for years to come. Close to ten million Americans lost their homes in mass foreclosures around the Great Recession, and homeownership levels have yet to recover. The ongoing housing crisis is also visible in the homeless encampments of West Coast cities such as Los Angeles, San Francisco, and Portland. And school closures in 2020 tanked the education of a generation of children. Across the nation, reading and math scores sank, while teenage depression soared. Pandemic-era borrowing exploded government debt, inflation reached levels unseen since the Eighties, and major banks failed. A recession could land in good time for the 2024 election.


The economy is actually bad.
 

itsyoung!!

Veteran
Joined
May 1, 2012
Messages
37,570
Reputation
6,600
Daps
108,053
Reppin
Bay Area
That has nothing to do with what the post is showing at all.





That's a bizarre claim. The 12-month inflation rate used to be 8-9%, now it's at 3-4%. Are you saying that inflation isn't actually "down" until we go into a recession?

unadjusted-monthly-inflation-rate-in-the-us.jpg





For comparison, 3% inflation was pretty typical throughout the 1990s/2000s....it's only been much lower recently because wage growth and employment were so stagnant after the 2008 crash.

inflation-rate-in-the-usa-since-1990.jpg
Man shut the fukk , gas back to $6, chicken breast back to $15 :childplease:
 

itsyoung!!

Veteran
Joined
May 1, 2012
Messages
37,570
Reputation
6,600
Daps
108,053
Reppin
Bay Area
You claim not to be a Republican, then you turn around a kiss the ass of a far-right libertarian as if he's the authority. :mjlol:

Just three years before that, Massie had voted in favor of the gigantic Trump tax cuts for the rich, but THIS was the transfer of wealth he was worried about?



Inflation occurred all over the world, the USA's inflation rate was just 54th highest in 2021. But somehow, some bills passed only in the USA caused that?
3 years before that would be 6-7 years ago

You p*ssy ass liberals aint fix shyt but make shyt worse in 7 years :camby:

Mafukka blaming shyt from 7 years ago, when democrats controlled everything to start this decade :heh:

Blaming some shyt from 7 years ago :heh: say that stupid shyt aloud :heh: so you saying you bytch ass liberals couldnt fix shyt in 7 years? Sounds like a failure to me :sas2:
 

CopiousX

Superstar
Supporter
Joined
Dec 15, 2019
Messages
11,509
Reputation
3,382
Daps
55,920
The flaw in Mehlhorn’s argument, or one of them, is that for many Americans, “something really bad” is already happening. Nearly 10 percent have significant medical debt. Millions must work two jobs to make ends meet. More than half of Americans say they couldn’t get their hands on $1,000 in an emergency. An August 2022 analysis found that more than one in four feared imminent eviction or foreclosure. Around 10 percent of student debtors default in their first year of repayment—a number that will likely increase following the Supreme Court’s rejection of Biden’s initial timid relief initiative. Many of these conditions were in place under Clinton and Bush, especially as manufacturing jobs moved overseas, but the 2008 financial crisis and the pandemic have inflicted traumas on American society that will play out for years to come. Close to ten million Americans lost their homes in mass foreclosures around the Great Recession, and homeownership levels have yet to recover. The ongoing housing crisis is also visible in the homeless encampments of West Coast cities such as Los Angeles, San Francisco, and Portland. And school closures in 2020 tanked the education of a generation of children. Across the nation, reading and math scores sank, while teenage depression soared. Pandemic-era borrowing exploded government debt, inflation reached levels unseen since the Eighties, and major banks failed. A recession could land in good time for the 2024 election.


The economy is actually bad.
The inner 6th grader in me couldnt help but chuckle when i read the name of the author to that article :pachaha:


In all honesty, his parents shouldve changed their last name out of respect to their offspring.
 

Professor Emeritus

Veteran
Poster of the Year
Supporter
Joined
Jan 5, 2015
Messages
51,330
Reputation
19,656
Daps
203,771
Reppin
the ether
Man shut the fukk , gas back to $6, chicken breast back to $15 :childplease:


Do you really want to repeat your chicken breast classic from last year, where you claimed Trump shouldn't be arrested for stealing classified documents because your free range chicken breast costs had tripled? :laff:

The actual average price of chicken breast nationally is $4.17/pound.




And it increased because of a global bird flu outbreak, dumbass.



 

Professor Emeritus

Veteran
Poster of the Year
Supporter
Joined
Jan 5, 2015
Messages
51,330
Reputation
19,656
Daps
203,771
Reppin
the ether
You claim not to be a Republican, then you turn around a kiss the ass of a far-right libertarian as if he's the authority. :mjlol:

Just three years before that, Massie had voted in favor of the gigantic Trump tax cuts for the rich, but THIS was the transfer of wealth he was worried about?
3 years before that would be 6-7 years ago

You p*ssy ass liberals aint fix shyt but make shyt worse in 7 years :camby:

Mafukka blaming shyt from 7 years ago, when democrats controlled everything to start this decade :heh:

Blaming some shyt from 7 years ago :heh: say that stupid shyt aloud :heh: so you saying you bytch ass liberals couldnt fix shyt in 7 years? Sounds like a failure to me :sas2:


:dahell: are you talking about? Your response makes absolutely zero sense.


The topic was when the biggest transfer of wealth to the rich was. He was claiming it was the 2020-21 stimulus payments, while I was claiming it was Trump's 2017 tax cuts.

The topic didn't have anything to do with "fixing shyt", and on what planet have the liberals been in control for 7 years? They weren't even in control to start the decade, that was 2020 with Trump and Covid. Dems had control for literally 2 years from 2021-23, not seven, and it was mediocre control cause half-repub Manchin was the deciding vote on everything. And what are you complaining that they failed to fix, is there some specific policy or issue you're even talking about right now?

You're like the little brother that @the cac mamba dropped on his head as a baby. Just ran into the conversation having no idea what was going on and making no sense. You two white boys always have the least awareness about everything.
 
Top