Biden's midterm list of accomplishments:
1. Worst inflation in 40 years
2. Worst gas prices on record
3. Worst crime wave since the 1990’s
4. Worst border crisis in American history
5. Worst labor shortage in American history
6. Worst productivity since 1947
Added bonus: The US is nearing the possibility of a recession
KWK
Loc: Southeast Mich
It can't all be .... I guess you don't see any inflated prices , gas , food and most.things have increased in price . Except of course the value of stock's and most everyone's retirement
KWK wrote:
It can't all be .... I guess you don't see any inflated prices , gas , food and most.things have increased in price . Except of course the value of stock's and most everyone's retirement
That interest rate increase will bring big capital gain taxes to our government as many sold their stocks as the market reacted to it.
KWK wrote:
It can't all be .... I guess you don't see any inflated prices , gas , food and most.things have increased in price . Except of course the value of stock's and most everyone's retirement
It and you are full of crap. You missed a K in your signature.
redlegfrog wrote:
Please show your work!
Are you asking for an actual pile of crap.
letmedance wrote:
That interest rate increase will bring big capital gain taxes to our government as many sold their stocks as the market reacted to it.
Inflation tax. The government would like nothing better that to bump everyone up a couple of tax brackets.
Local governments love capital gains tax on overprice homes.
Do we want to mention how many fixed income people will be taxed out of their homes?
No government is your friend.
mjmoore17 wrote:
What a bunch of crap.
There were 6 items worth discussing, but the liberal view gave us this: "What a bunch of crap".
This 'intellectual' view is how we got Biden.
travelwp wrote:
There were 6 items worth discussing, but the liberal view gave us this: "What a bunch of crap".
This 'intellectual' view is how we got Biden.
There was nothing worth discussing, it like you are full of crap.
mjmoore17 wrote:
There was nothing worth discussing
You are saying that these 6 things that bother the American voter are not worth discussing ?????? Do you agree with them ?
Biden's midterm list of accomplishments:
1. Worst inflation in 40 years
2. Worst gas prices on record
3. Worst crime wave since the 1990’s
4. Worst border crisis in American history
5. Worst labor shortage in American history
6. Worst productivity since 1947
mjmoore17 wrote:
I think that you are an idiot and have no accomplishments.
I was right, you have no thoughts of your own, just snarky comments from a liberal with no facts. You can't discuss any of the following 6 comments because the liberal media didn't provide you with any information.
Biden's midterm list of accomplishments:
1. Worst inflation in 40 years
2. Worst gas prices on record
3. Worst crime wave since the 1990’s
4. Worst border crisis in American history
5. Worst labor shortage in American history
6. Worst productivity since 1947
travelwp wrote:
I was right, you have no thoughts of your own, just snarky comments from a liberal with no facts. You can't discuss any of the following 6 comments because the liberal media didn't provide you with any information.
Biden's midterm list of accomplishments:
1. Worst inflation in 40 years
2. Worst gas prices on record
3. Worst crime wave since the 1990’s
4. Worst border crisis in American history
5. Worst labor shortage in American history
6. Worst productivity since 1947
I was right, you have no thoughts of your own, jus... (
show quote)
I can’t discuss them because on Mothers Day i have better things to do than argue with an idiot. Since none of your latest six can be blamed on Biden and because you live in Jersey it is not worth my time.
[quote=travelwp]Biden's midterm list of accomplishments:
I have to say I'm with you on Biden being a mediocre President, particularly on items 4 and 5.
The other issues you are playing party politics, and suggest you get some lessons on how economics works.
1 & 2. COVID caused production to slow and in many cases to stop. Workers became unemployed and as COVID eased production has been slow to catch up, while demand was returning to more normal. When supply is constricted, prices go up. As supply increases prices should come down and stabilize. Oil is a world-wide commodity, not just a US commodity. As the Russian oil supply is constricted, the demand for oil for heating, gasoline for cars, etc. creates a higher demand, creating a price increase. As fuel for delivering goods goes up, it effects the price of goods being shipped.
3. As prices go up, those with fixed or lower incomes are left wanting or starving, or see an opportunity to fulfill wants of the others at at cheaper, albeit criminally obtained method. Crime increases.
6. During COVID capital spending decreased dramatically, demand was on a downturn, why should manufactures buy new equipment to produce more goods when they couldn't sell or produce? Capital expenditure is a major component of improving productivity - newer equipment allow production to be more efficient.
As noted, I don't disagree with 4. On 5, the gimmes during COVID lasted too long and many found it was more efficient to remain on the dole than work - big mistake. Also, the nature of work changed dramatically - more people worked from home and might not want to change in the future.
As to the prior administration, they are to blame as well as I've noted in the forum in the past. They were slow to acknowledge the issues confronting the country on Covid, had spreader events and did not follow previously instituted response guidelines that were there from 2 prior administrations.
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