If the US economy is so good, WHY:

1) My former apartment now rents for over $1000USD a month, I paid $350. 3 out of 8 are vacant.

2) Dozen eggs at $3.59USD, I paid $1.19

3) when I visited for 2 weeks, a SMALL  Hamburger, French Fries, Cola cost me $9.29USD

( Here I get 2 large chicken sandwiches, medium french fry and cola, under $7.00USD.)

26 minutes ago, nauseus said:

 

Another ignorant Raw Story piece of lies and obvious omissions. No pandemic after all then?

 

Find a world leader who turned in a worse performance over covid.

Just now, pattayasan said:

 

Find a world leader who turned in a worse performance over covid.

Biden 

5 minutes ago, Yellowtail said:

Biden 

 

But for covid, Biden probably wouldn't have been elected. He was elected because Trump couldn't be trusted to get the US out of covid.

35 minutes ago, simple1 said:

 

The OP is talking to trump's claim that the US economy today is in the worst shape it has even been, which is clearly false based on statistics presented in the article.

 

Balls. The story says that Trump may have convinced many Americans that the economy is "terrible" but not the worse shape ever!

 

Many Americans are worse off in real terms, despite these reported low unemployment rates, lower inflation and higher household income and they don't need anyone to tell them that because inflation-driven living costs have outpaced the lot of them.

 

The majority of Americans are worse off than before Biden and that's why Trump won.

33 minutes ago, pattayasan said:

 

But for covid, Biden probably wouldn't have been elected. He was elected because Trump couldn't be trusted to get the US out of covid.

And just look at how long it dragged out under Biden, who inherited the vaccines from Trump. 

 

Rember the vaccines that lying Biden tried to take credit for? 

16 minutes ago, Yellowtail said:

And just look at how long it dragged out under Biden, who inherited the vaccines from Trump. 

 

Rember the vaccines that lying Biden tried to take credit for? 

 

"It'll be gone by Easter"

 

Trump claims the worsening U.S. coronavirus outbreak is a ‘Fake News Media Conspiracy’ even as hospitalizations rise

 

President Donald Trump on Monday claimed the worsening coronavirus outbreak in the United States is a “Fake News Media Conspiracy,” saying the nation has the most cases in the world only because “we TEST, TEST, TEST.”

“Corrupt Media conspiracy at all time high,” Trump said in a tweet Monday morning. “On November 4th., topic will totally change,” he added, referring to the day after the presidential election.

 

https://www.cnbc.com/2020/10/26/coronavirus-trump-claims-the-worsening-us-outbreak-is-a-fake-news-media-conspiracy-even-as-hospitalizations-rise.html

Just now, pattayasan said:

 

"It'll be gone by Easter"

 

Trump claims the worsening U.S. coronavirus outbreak is a ‘Fake News Media Conspiracy’ even as hospitalizations rise

 

President Donald Trump on Monday claimed the worsening coronavirus outbreak in the United States is a “Fake News Media Conspiracy,” saying the nation has the most cases in the world only because “we TEST, TEST, TEST.”

“Corrupt Media conspiracy at all time high,” Trump said in a tweet Monday morning. “On November 4th., topic will totally change,” he added, referring to the day after the presidential election.

 

https://www.cnbc.com/2020/10/26/coronavirus-trump-claims-the-worsening-us-outbreak-is-a-fake-news-media-conspiracy-even-as-hospitalizations-rise.html

And just look at how long it dragged out under Biden, who inherited the vaccines from Trump. 

 

Rember the vaccines that lying Biden tried to take credit for? 

 

I wonder how much better things might have been had Trump been allowed to restrict flights from China, like he wanted. 

 

Didn't that liar Biden say it would be over by July 4th? 

1 minute ago, Yellowtail said:

And just look at how long it dragged out under Biden, who inherited the vaccines from Trump. 

 

Rember the vaccines that lying Biden tried to take credit for? 

 

I wonder how much better things might have been had Trump been allowed to restrict flights from China, like he wanted. 

 

Didn't that liar Biden say it would be over by July 4th? 

 

Biden did not downplay the virus and gaslight the American people.

Just now, pattayasan said:

 

Biden did not downplay the virus and gaslight the American people.

And just look at how long it dragged out under Biden, who inherited the vaccines from Trump. 

 

Rember the vaccines that lying Biden tried to take credit for? 

 

I wonder how much better things might have been had Trump been allowed to restrict flights from China, like he wanted. 

 

Didn't that liar Biden say it would be over by July 4th? 

4 minutes ago, Yellowtail said:

And just look at how long it dragged out under Biden, who inherited the vaccines from Trump. 

 

Rember the vaccines that lying Biden tried to take credit for? 

 

I wonder how much better things might have been had Trump been allowed to restrict flights from China, like he wanted. 

 

Didn't that liar Biden say it would be over by July 4th? 

 

If Trump was the savior of the virus then why are so many anti vax nutters claiming the virus is dangerous including his current pick for Health sec. Your narrative is totally false. His actions speak louder than words/

Just now, pattayasan said:

 

If Trump was the savior of the virus then why are so many anti vax nutters claiming the virus is dangerous including his current pick for Health sec. Your narrative is totally false. His actions speak louder than words/

I never said Trump was the savior of the virus. Nothing I said is not true. 

 

Biden inherited the vaccines from Trump.   

Biden tried to take credit for the vaccines. 

Trump tried to restrict flights from China.

Biden claimed covid would be over by July 4th. 

 

All I said, all true. 

 

 

4 minutes ago, Yellowtail said:

I never said Trump was the savior of the virus. Nothing I said is not true. 

 

Biden inherited the vaccines from Trump.   

Biden tried to take credit for the vaccines. 

Trump tried to restrict flights from China.

Biden claimed covid would be over by July 4th. 

 

All I said, all true. 

 

 

 

The only connection between Trump and the vaccine is that he was the sitting president when it was developed. To suggest that the vaccine would have been a day later had it been any other president is codswallop.

3 minutes ago, Yellowtail said:

I never said Trump was the savior of the virus. Nothing I said is not true. 

 

Biden inherited the vaccines from Trump.   

Biden tried to take credit for the vaccines. 

Trump tried to restrict flights from China.

Biden claimed covid would be over by July 4th. 

 

All I said, all true. 

 

 

Who cares.................

 

The only thing folk should care about now, is an old lying fruitcake has got the reins of the USA in January................🥺

oh no

3 hours ago, edwardflory said:

If the US economy is so good, WHY:

1) My former apartment now rents for over $1000USD a month, I paid $350. 3 out of 8 are vacant.

2) Dozen eggs at $3.59USD, I paid $1.19

3) when I visited for 2 weeks, a SMALL  Hamburger, French Fries, Cola cost me $9.29USD

( Here I get 2 large chicken sandwiches, medium french fry and cola, under $7.00USD.)

this chart:

https://www.statista.com/statistics/236852/retail-price-of-eggs-in-the-united-states/

 

says the last time the average price of eggs was $1.19 was 2002.  Does that agree with your memory?

I would suggest that recently egg prices have been heavily influenced by bird flu outbreaks so are not a good measurement of inflation.

The definition of the economy is broad and also includes the very important Inflation index and government dept. Under old sleepy Joe, Inflation has skyrocketed to historic levels. Government dept is also the highest its ever been under any President. So Trump is not a liar in this regard but speaks the truth.

As I have written many times, the Biden economy has been the best since the late 1990s. Incredible growth, especially relative to the rest of the developed world. Wealth has never accumulated faster in those with the ability to participate. The whole world also suffered inflation, but only the US has knocked it back down to 2.8%....and that without causing a Recession. Amazing!

 

The caveat is that to enjoy the booming Biden economy, one had to have marketable skills and talents. Not everyone has those, and most of 47's cult is both poorly educated and has no marketable talents. The world has left them behind.

 

I wonder what his supporters here think he can do to make silk purses out of sow's ears? What are his specific plans to bring prosperity to those the world no longer needs? Maybe he doesn't even have the 'concept of a plan'.

 

How disappointed will his cult be when nothing changes for them? Maybe he will blame it all on Biden, as accepting personal responsibility for anything has never been part of his character.

 

The problem of obviated labor in a technological modern word isn't going to go away with a vote. Useless is useless. Redundant is redundant.

 

Actually, I doubt 47 cares in the least. He got all he needed from his loser cult, and that is their vote. They are no longer of any use to him, so even if he could do something for them (he cannot), he won't.

3 hours ago, nauseus said:

 

Balls. The story says that Trump may have convinced many Americans that the economy is "terrible" but not the worse shape ever!

 

Many Americans are worse off in real terms, despite these reported low unemployment rates, lower inflation and higher household income and they don't need anyone to tell them that because inflation-driven living costs have outpaced the lot of them.

 

The majority of Americans are worse off than before Biden and that's why Trump won.

 

From the OP:

Only 11.1 percent of Americans currently fall beneath the poverty line, about the same percentage as under Trump and just barely above the lowest point in 50 years, and while many bitterly remember the high inflation that started receding last year, wages have risen faster than inflation over the past two years, and real wages are higher than they were before the pandemic hit, and U.S. oil production has hit record levels.

 

Another talking point, there will be others regards energy, finance etc...one thing for sure if trump actually implements tariffs etc, consumer costs will rise

 

What presidents can and can't do to lower grocery prices

 

https://www.politico.com/interactives/2024/food-cost-price-harris-trump-biden/

2 hours ago, simple1 said:

 

From the OP:

Only 11.1 percent of Americans currently fall beneath the poverty line, about the same percentage as under Trump and just barely above the lowest point in 50 years, and while many bitterly remember the high inflation that started receding last year, wages have risen faster than inflation over the past two years, and real wages are higher than they were before the pandemic hit, and U.S. oil production has hit record levels.

 

Another talking point, there will be others regards energy, finance etc...one thing for sure if trump actually implements tariffs etc, consumer costs will rise

 

What presidents can and can't do to lower grocery prices

 

https://www.politico.com/interactives/2024/food-cost-price-harris-trump-biden/

 

Your link does not support your "wages" claim (rising faster than inflation), which I dispute. Real wages are not higher than 4 years ago for most - wages never caught up with the two years of highest inflation, which pushed prices up, when wages still lagged. Once behind that much it's hard to catch up, so, with that then, yes, it is hard to lower grocery prices. However, lower energy prices will reduce the cost of everything and Trump can achieve this with higher domestic production, to some extent. 

 

Tariffs need a separate space. You like to confuse issues too much.

 

On 11/13/2024 at 3:15 PM, simple1 said:

 

Many confuse opinion pieces with news

 

Yes they do, don't they??

 

Pot calling sooty kettle.

3 hours ago, gamb00ler said:

this chart:

https://www.statista.com/statistics/236852/retail-price-of-eggs-in-the-united-states/

 

says the last time the average price of eggs was $1.19 was 2002.  Does that agree with your memory?

I would suggest that recently egg prices have been heavily influenced by bird flu outbreaks so are not a good measurement of inflation.

He doesn’t say the average price, he said what he paid. 

 

Egg prices are different all over. 

6 minutes ago, nauseus said:

 

Your link does not support your "wages" claim (rising faster than inflation), which I dispute. Real wages are not higher than 4 years ago for most - wages never caught up with the two years of highest inflation, which pushed prices up, when wages still lagged. Once behind that much it's hard to catch up, so, with that then, yes, it is hard to lower grocery prices. However, lower energy prices will reduce the cost of everything and Trump can achieve this with higher domestic production, to some extent. 

 

Tariffs need a separate space. You like to confuse issues too much.

 

The article assumes the reader is stupid.

6 hours ago, pattayasan said:

 

Find a world leader who turned in a worse performance over covid.

What did trump do wrong?

It was left to the States dlto implement their rules

On 11/16/2024 at 10:00 AM, simple1 said:

Naturally increased cost of production will be passed onto the consumer, with an uplift. Have to see what trump actually does with tariffs, 'cause it isn't a one way street which many seem to overlook. So far as I know protectionist economy policy has never ended up being a positive.

 

https://www.worldbank.org/en/news/feature/2023/08/29/protectionism-is-failing-to-achieve-its-goals-and-threatens-the-future-of-critical-industries

If Trumps tariffs were so bad, why did Biden keep them.

3 hours ago, Walker88 said:

As I have written many times, the Biden economy has been the best since the late 1990s. Incredible growth, especially relative to the rest of the developed world. Wealth has never accumulated faster in those with the ability to participate. The whole world also suffered inflation, but only the US has knocked it back down to 2.8%....and that without causing a Recession. Amazing!

 

The caveat is that to enjoy the booming Biden economy, one had to have marketable skills and talents. Not everyone has those, and most of 47's cult is both poorly educated and has no marketable talents. The world has left them behind.

 

I wonder what his supporters here think he can do to make silk purses out of sow's ears? What are his specific plans to bring prosperity to those the world no longer needs? Maybe he doesn't even have the 'concept of a plan'.

 

How disappointed will his cult be when nothing changes for them? Maybe he will blame it all on Biden, as accepting personal responsibility for anything has never been part of his character.

 

The problem of obviated labor in a technological modern word isn't going to go away with a vote. Useless is useless. Redundant is redundant.

 

Actually, I doubt 47 cares in the least. He got all he needed from his loser cult, and that is their vote. They are no longer of any use to him, so even if he could do something for them (he cannot), he won't.

 

Booming economy - 2.7% mean over the last 2 years and similar to pre Covid - outstanding! Your arrogant faux elitist bull shine oozes out yet again. So what to do with these useless, redundant losers? Line 'em up and shoot 'em?

8 hours ago, mogandave said:

He doesn’t say the average price, he said what he paid. 

 

Egg prices are different all over. 

Thanks..... every chat forum needs someone to state the obvious to all us idiots.

10 hours ago, nauseus said:

 

Your link does not support your "wages" claim (rising faster than inflation), which I dispute. Real wages are not higher than 4 years ago for most - wages never caught up with the two years of highest inflation, which pushed prices up, when wages still lagged. Once behind that much it's hard to catch up, so, with that then, yes, it is hard to lower grocery prices. However, lower energy prices will reduce the cost of everything and Trump can achieve this with higher domestic production, to some extent. 

 

Tariffs need a separate space. You like to confuse issues too much.

 

Provide credible link to support your opinion. Plus take up you complaint with the author of the article

9 hours ago, frank83628 said:

If Trumps tariffs were so bad, why did Biden keep them.

 

Biden in Pittsburgh sought to contrast his approach as "strategic and targeted" and has said Trump's broader approach would raise costs for U.S. consumers.

 

https://www.npr.org/2024/05/10/1250670539/biden-china-tariffs-electric-vehicles

 

You may find the article below of interest:

 

https://www.politico.com/news/2024/05/15/biden-tariff-reaction-trump-00158043

9 hours ago, nauseus said:

 

Booming economy - 2.7% mean over the last 2 years and similar to pre Covid - outstanding! Your arrogant faux elitist bull shine oozes out yet again. So what to do with these useless, redundant losers? Line 'em up and shoot 'em?

That's one solution, I guess. Neutering them so they don't pass on their gene pool is another.

 

Seriously, what I write is a harsh reality for which there is unlikely to be any solution, and I know 47 does not have one.

 

The human race has entered an era where Darwinian Capitalism rules: the fittest survive and prosper.

 

There have been a few periods like this in human history, with varying 'solutions'. The age of serfdom ended when the Bubonic Plague wiped out 25%+ of Europe, putting labor in short supply. Sometimes the 'solution' is war, because governments try to divert attention from domestic problems by manufacturing an external enemy. WWI was kind of like that. One type of labor was obviated when the McCormick Combine was invented, a device that could do in a day what it took 50 farm workers two weeks to do. Fortunately, displaced agricultural labor had the factories of the Industrial Revolution to absorb them.

 

Tell me where unskilled labor goes today, when technology and AI continue to replace human labor? I have no idea. Neither does 47. Maybe we're all just going to paint each other's fingernails and cut each other's hair?

 

Others see this harsh and intractable reality, and have proposed measures like a guaranteed income. Two problems with that: one is every nation is already wildly indebted, so where is this money going to come from to provide obviated labor with income? The second problem is that work gives many people their major source of personal "meaning". If an increasing percentage of folks have nothing to do but sit around collecting their guaranteed income, what effect will that have on their mental well-being?

 

Let me add one more problem: the world is awash in capacity. China added more steel production capability in the last fifteen years than existed until 15 years ago. Where is the market for all that steel? Since much of these new factories use lots of automation, what is the labor component relative to steel factories of a hundred years ago? The world also has excess capacity in cars, TV and electronics, aircraft....almost everything. We also have excess capacity in weapons of war, but we have the occasional war as a 'solution' to that problem.

 

I am of the view the reason people like 47 get elected is because they offer false hope to people who have lost hope. The trouble is, NOBODY has a solution. 47 is both cynical and transactional, as well as totally self-centered; he offered pie-in-the-sky fantasy to the forlorn, while lacking even the 'concept of a plan', and did that solely to get their votes. He got what he wanted. Now he wants to do what...enact massive tariffs? That will just add more pain to those already hurting.

 

My view is not elitist. It is simply the reality the world faces. AI is just going to exacerbate the problem. Adding massively to debt has been the solution for the last few decades, and that worked as long as everybody suspended their disbelief and pretends sovereign debt will at least be serviced. Nobody thinks sovereign debt will ever be repaid, but so long as it can be serviced, we can continue to suspend our disbelief. Greece ran into trouble a decade ago when it couldn't even service its debt. As rates rise, more nations will suffer the same problem. In the US, each 1% upward shift in the Yield Curve adds another $350 billion to each year's deficit. What happens when the 'guaranteed income' scheme adds even more to the deficit? Money printing and wild inflation, or a sharp rise in rates, neither of which have pleasant outcomes.

 

47's new sidekick Elon Musk has stated that Americans are going to have to suffer. That's some tough love, but I cannot think of an alternative.

 

Obviously you don't like my take on reality. Perhaps you have a solution? If you do, get 47 on the phone, because he certainly doesn't have a solution.

 

Tech and AI have given birth to an unprecedented time in human history, worse than the age of serfdom. Maybe one reason why birth and fertility rates are falling everywhere (this year it's .69 in South Korea, and even in Thailand it's below 1.5) is that is a natural way of doing something about the problem of redundancy and obviated labor.

 

Again, if you have one, please let us all know your solution.