Bidenomics > Reagan's Morning in America (with data!)

Originally posted by: tom

And wages have officially eclipsed inflation

 

A couple of good months have not compensated for the 3 years of lost wages.  Real wages have decreased since he became president.


Well Tom, consider this:  the jobs created in January 2024 were more that Trump created in four years by more than three million jobs (Trump -2.9 million, Biden +350,000).  But then, you're probably also an admirer of Herbert Hoover.  

Job growth from 2017-19 was almost 7m. The 2020 job losses were pandemic related as even the democrats strongly supported the shutdown. 

The total number of people working has declined since July which means the job growth is from people working 2+ jobs. 

Originally posted by: tom

mp is known for posting numbers without context.  

 

1984 was the first year of President Reagan; who took office after the disaster that was carter.  Those number are an improvement from carter.  

 

Since most people were not alive in 1984, lets go with the real data since biden took office

 

Real income down 7.5%

Home affordability down 36.3%

Credit Card debt up 38.7%

Consumer debt delinquencies up 59% since last year

Other consumer debt delinquencies up from 1% to 1.4% since 2022

Monthly Savings down 79.3%

Inflation up 17.6%

Food up 20+%

Energy up over 30%

Leased Cars up 42%

Used Cars up 25.2%

 

With food, housing and energy all up 20+ to 30%, not sure how the inflation rate is only 17.6%

 

https://datavisualizations.heritage.org/markets-and-finance/the-biden-inflation-tracker/

 

Less people working in January than in July which means the job growth is people taking second & third jobs

 

https://tradingeconomics.com/united-states/employed-persons#:~:text=The%20number%20of%20employed%20persons%20in%20The%20United,2024%20from%20161183%20Thousand%20in%20December%20of%202023.

 

 


Oh my tom, history is not your strong point, is it?

 

1984 WAS THE FOURTH YEAR OF RONALD REAGAN'S PRESIDENCY.

 

And you apparently just called it a disaster. Since Reagan did so much worse than President Biden, I guess I can't argue with you there.

 

 

Tom is, aside from being a fucking idiot, shamefully disingenuous.

 

He's trying to argue that the present economy is bad. He has to use bullshit and distortions to do so. Hell, when even Fox Nooze admits it...

 

Stupid Tommie-poo.


My error, but it doesn't change the fact that the 3 year economy under Biden has worsened, which is why his economic approval is in the 30's. 

Originally posted by: tom

My error, but it doesn't change the fact that the 3 year economy under Biden has worsened, which is why his economic approval is in the 30's. 


MAGA propaganda, which you joyfully swallow without thinking, is the reason why.

Originally posted by: Kevin Lewis

MAGA propaganda, which you joyfully swallow without thinking, is the reason why.


 You lying bastard - have you gone to the grocery store lately? Have you bought gas lately? Have your utilitiy costs, auto insurance and rent gone up?  You are the one "swallowing" the DemocRats lies and brain dead Biden's policies that have caused inflation.  

Originally posted by: tom

Job growth from 2017-19 was almost 7m. The 2020 job losses were pandemic related as even the democrats strongly supported the shutdown. 

The total number of people working has declined since July which means the job growth is from people working 2+ jobs. 


Isn't this cute. Tom wants to give Trump a participation trophy.

Originally posted by: tom

My error, but it doesn't change the fact that the 3 year economy under Biden has worsened, which is why his economic approval is in the 30's. 


President Biden's economy is measurably better than Reagan's at this point in his presidency. Please refer to the first post in this thread to see the measurements.

 

And has everyone noticed that when radish-boy is crushed by the facts, he turns to polls? 

Originally posted by: David Miller

 You lying bastard - have you gone to the grocery store lately? Have you bought gas lately? Have your utilitiy costs, auto insurance and rent gone up?  You are the one "swallowing" the DemocRats lies and brain dead Biden's policies that have caused inflation.  


Yes, and there's never been any point in my life, or yours, when prices haven't gone up, except for brief periods. All but a couple of years in the last 100 have seen inflation.

 

Inflation is fine if people earn enough money, or more, to pay those higher prices. And that's been the case. Wages have gone up, too--and they're outpacing inflation.

 

But to answer your specific questions, I'm paying less for groceries, gas, and auto insurance than I was six months ago. My utility costs are more, because it's winter. And my rent is the same, because I'm on a lease. It will probably go up by about 5% when I renew, because the market here is hot.

 

I answered your questions in a civil manner, without calling you a liar or insulting you. Are you capable of doing the same, or do you just want to spread more of the "filth" you keep yeeping about?*

 

*I already know the answer to this strictly rhetorical question.

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