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ewinter43
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Originally posted by MizzouDizzle2
Literally the Biden presidency...

Car prices rose 22.27% during the Biden presidency.



You guys realize covid shut down the world economy. The supply chain was interrupted but the demand remained, which is what caused inflation. Not any Biden policy. You do understand basic supply and demand, right?

 
BigMex73
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https://www.crfb.org/papers/trump-and-biden-national-debt
 
MizzouDizzle2
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Originally posted by ewinter43
You guys realize covid shut down the world economy. The supply chain was interrupted but the demand remained, which is what caused inflation. Not any Biden policy. You do understand basic supply and demand, right?





Correct, however..

Are you aware that Biden signed the Inflation Reduction Act which ushered in $11.7B tax on petroleum companies that exacerbated the cost of fuel (both diesel and gas) which is directly tied to both the production and transportation of product impacting cost/inflation?

Also that same legislation also ushered in an additional 400B in spending by government over 10 years which further exacerbated inflation?

The man basically poured gasoline on a fire
 
ewinter43
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Originally posted by MizzouDizzle2


Correct, however..

Are you aware that Biden signed the Inflation Reduction Act which ushered in $11.7B tax on petroleum companies that exacerbated the cost of fuel (both diesel and gas) which is directly tied to both the production and transportation of product impacting cost/inflation?

Also that same legislation also ushered in an additional 400B in spending by government over 10 years which further exacerbated inflation?

The man basically poured gasoline on a fire


Inflation rate decreased from 8% to 2% within a year of that Act. Is that what you call exacerbating?

 
MizzouDizzle2
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Originally posted by ewinter43
Inflation rate decreased from 8% to 2% within a year of that Act. Is that what you call exacerbating?



Inflation is compounding in nature. That's still a 2% increase over the 20% in years prior
 
Ravenwood
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I hope you all like losing money.
 
BigMex73
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Wait till housing prices go down - as promised.
 
coachingubigr
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Originally posted by BigMex73
Wait till housing prices go down - as promised.


that's the very last thing Boomers want
Edited by coachingubigr on Apr 9, 2025 12:54:41
 
Ravenwood
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Unless you're prepared to swallow the bullshit coming out of the White House today that, Trump reversed course after nations around the world were queueing up to come to Washington to kowtow and kiss the ring, the best explanation for today's about-face is that Trump saw what was happening in the markets, got spooked, and caved.

The worst explanation is that this was planned all along. Not to help "Joe 6-pack", but rather, to help Trump's golf course billionaire buddies make obscene amounts of money.

Just as literally trillions of dollars were wiped out in stock market value over the past week, many trillions of dollars could equally have been made today, with a little advance warning that Trump was about to reverse course.

One has to wonder whether those buddies of his out there on the golf course didn't receive just such a nudge-and-a-wink before today's announcement. I can only hope the SEC will investigate any major trades that happened in the past 24-48 hours.

And if everything is legit, and his buddies are simply out billions and billions of dollars, one has to wonder how much longer Trump will continue to have friends who will golf with him.
 
MontaviousX
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Originally posted by Ravenwood
Unless you're prepared to swallow the bullshit coming out of the White House today that, Trump reversed course after nations around the world were queueing up to come to Washington to kowtow and kiss the ring, the best explanation for today's about-face is that Trump saw what was happening in the markets, got spooked, and caved.

The worst explanation is that this was planned all along. Not to help "Joe 6-pack", but rather, to help Trump's golf course billionaire buddies make obscene amounts of money.

Just as literally trillions of dollars were wiped out in stock market value over the past week, many trillions of dollars could equally have been made today, with a little advance warning that Trump was about to reverse course.

One has to wonder whether those buddies of his out there on the golf course didn't receive just such a nudge-and-a-wink before today's announcement. I can only hope the SEC will investigate any major trades that happened in the past 24-48 hours.

And if everything is legit, and his buddies are simply out billions and billions of dollars, one has to wonder how much longer Trump will continue to have friends who will golf with him.


“It’s a great time to get richer”

His tweet from a week ago
 
ewinter43
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Insider trading going on at the Whitehouse. Some corrupt shit going on, tariffs were never going to happen, just a mechanism to manipulate the market.
 
coachingubigr
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Originally posted by ewinter43
Insider trading going on at the Whitehouse. Some corrupt shit going on, tariffs were never going to happen, just a mechanism to manipulate the market.


the absolute corruption from this administration is truly historical
 
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Originally posted by BigMex73
Wait till housing prices go down - as promised.


Wait until they don't go down. I'll still be here.
 
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https://babylonbee.com/news/distraught-liberal-jumps-off-building-after-stock-market-recovers

NEW YORK, NY — Local stockbroker and lifelong Democrat Dean Watter fell into utter despair today, tears falling from his eyes as he watched the stock market recover.

Friends and relatives expressed deep concern about Watter's anguish. "He had been so happy the last couple of days as the stock market was crashing," his coworker Steve Carson noted. "He was truly on cloud nine. He kept saying that Trump tanking the economy was probably the single greatest thing that ever happened to him."

However, as the stock market rallied historically on Wednesday, Watter's mood turned sour. "It was like someone flipped a light switch," Carson noted. "He kept looking at the stock market ticker going up and up, and he just kept sobbing harder and harder. There was no consoling him."

Watter reportedly went up to the roof to get some air but ended up hurling himself off the building shortly thereafter. Sources say Watter yelled "TRUMP WAS RIGHT! I'VE LOST EVERYTHIIIIIIIIIIIIING," as he plummeted towards Wall Street.

In a stroke of good fortune, Watter landed softly on a shipment of MyPillows bound for Trump Tower. Upon realizing he owed his life to Trump supporter Mike Lindell, Watter apparently became even more distraught and had to be sedated at the scene.
 
Ravenwood
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Hahaha, that's funny: You're going to congratulate Trump for saving the market from a crash that he himself created.
 
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