The Golden Age of The US of A Has Started

[Neeranam]

Here it comes, I'm excited for the start of this period, the greatest political comeback in US history. USA USA USA USA

 

 

[Jingthing]

Golden age?

More like Trumo meme bitcoin scam age.

[Cryingdick]

Vance just got sworn in. His eyeliner is immaculate as usual!

[Cryingdick]

Trump is in. EO time!

[NickyLouie]

53 minutes ago, Jingthing said:

Golden age?

More like Trumo meme bitcoin scam age.

 

You're really gonna suffer the next 4 years, I mean more than usual.

 

Som Nom Nah .......

 

 

[KhunLA]

Just now, NickyLouie said:

 

You're really gonna suffer the next 4 years, I mean more than usual.

 

Som Nom Nah .......

 

 

Nothing like the last 4 years.  20+% inflation, and that's just the fake Soc Sec COLA BS.

 

Talk to anyone living in USA, it was a lot more than 20%.  More like 20% a year 

[Neeranam]

Male and female only, Amen. 

[MangoKorat]

1 hour ago, Neeranam said:

Here it comes, I'm excited for the start of this period, the greatest political comeback in US history. USA USA USA USA

Let's compare notes in 4 years OK?  I have a feeling your excitement will be somewhat diminished by then.

[Jingthing]

1 hour ago, NickyLouie said:

 

You're really gonna suffer the next 4 years, I mean more than usual.

 

Som Nom Nah .......

 

 

His base is gonna suffer much much more.

[HappyExpat57]

1 hour ago, KhunLA said:

Nothing like the last 4 years.  20+% inflation, and that's just the fake Soc Sec COLA BS.

 

Talk to anyone living in USA, it was a lot more than 20%.  More like 20% a year 

You can Google this:

[Walker88]

2 hours ago, MangoKorat said:

Let's compare notes in 4 years OK?  I have a feeling your excitement will be somewhat diminished by then.

Americans are arithmatic and financial morons, so take any individual's claims of inflation with a grain of salt.

 

They see one price rise and extrapolate that one price over the entire economy, oblivious as to what inflation actually means. They also think inflation starts in a second, rather than being a result of factors happening months or even years before.

 

Inflation is based on a basket of goods and services it is assumed the average consumer buys. Price rises and falls are matched against the weight any one good or service has in the overall inde. These are then weighted and averaged out, and a number results.

 

The government has a basket it uses, but private sector companies construct their own basket and come up with a number. These numbers tend to be close to each other.

 

Inflation peaked in the last 4 years at about 9.5%, and is currently running about 2.5% +/- .2% It was never close to 20%. That is nonsense.

 

As for its cause, numerous factors contributed. The tax cut and funds handed out during Covid were a good portion of it, as 45 ran up $8,400,000,000,000 of new debt in his first term. Since the nominal GDP change was $trillions less than his new debt, that means printed money was chasing goods and services, and even the meager growth was totally debt fueled. Boom! Inflation. His debt equates to $25,000 for every man, woman and child in the US, so it is hardly any wonder that would lead to inflation.  Biden also doled out funds during Covid, so he shares some of the blame.

 

Other contributors were the Russian invasion of Ukraine, as that resulted in sharp rises in first oil, and then fetiliizer, which impacted agricultural prices. Bacon was hurt by an outbreak in the EU of Swine Flu, which is hardly Biden's fault.

 

Americans are stupid enough to blame Biden for inflation, but they will soon learn their chosen one has absolutely no clue how to bring any price down.

[Walker88]

1 hour ago, HappyExpat57 said:

You can Google this:

Maybe you should ask 47's buddies like Mnuchin and other oligarchs who gobbled up houses and raised rents.

[JontS]

 

[MangoKorat]

51 minutes ago, Walker88 said:

Americans are stupid enough to blame Biden for inflation, but they will soon learn their chosen one has absolutely no clue how to bring any price down.

I saw literally hundreds of reports and speeches during Kamala Harris's election campaign and not once did I hear her state what was patently obvious  - well at least obvious to most reasonable people - that post covid/Putin based inflation was affecting the entire world, it was not caused by Biden's policies. The US electorate should, you would have thought, known that anyway. However, listening to their comments during the election campaign, it seems they couldn't see the wood for the trees and they voted accordingly.

 

You have to wonder what Harris's campaign manager's were doing - they should have been telling her to hammer those matters home at every rally and during every speech.

 

I'm not a Biden supporter by any stretch of the imagination but I will never understand why so many Americans blamed him for inflation. Just as Obama left the US economy in pretty good shape for Trump in 2017. Biden has left it on the rise in 2025. I have absolutely no doubt at all that if it continues on an upward trajectory, Trump will claim its his doing.

 

Both the World Bank and the IMF have stated that whilst Trump's stated financial policies may create further stimulus in the short term, they will eventually create a downturn and actually become inflationary. 

 

As we saw in 2008, when America sneezes, the rest of the world catches a cold. It would appear that there is real potential for Trump to instigate another worldwide recession. That may or may not happen during his term of office, if it happens at all but you can bet your last dollar that Trump will cry 'Witch Hunt' if anyone tries to blame him - just as he has every time he is blamed for anything or is charged with a crime.

[herfiehandbag]

'I was sent by God to make America great again"

 

Oh dear, oh dear oh dear...

[herfiehandbag]

3 hours ago, JontS said:

 

Yes, you are surprised?

 

At least Oswald Mosley had a decent tailor!

[impulse]

2 hours ago, MangoKorat said:

I saw literally hundreds of reports and speeches during Kamala Harris's election campaign and not once did I hear her state what was patently obvious  - well at least obvious to most reasonable people - that post covid/Putin based inflation was affecting the entire world, it was not caused by Biden's policies

 

So you've never heard the expression "When the US economy gets a cold, the world sneezes"?

 

[connda]

3 hours ago, JontS said:

 

For christsakes.  Taken out of context, everyone is a Nazi.  Catch a wave or a gesture at the right moment and you can claim that <enter the person you hate here> is a Nazi.  And I don't particularly like any of these people, but like Elon Musk, they ARE NOT shooting Nazi salutes.  It's a camera moment taken completely out of context.


 

[connda]

America is Empire in Decline.  If Trump can rescue it I'll be amazed.

[JonnyF]

9 hours ago, Neeranam said:

Here it comes, I'm excited for the start of this period, the greatest political comeback in US history. USA USA USA USA

 

Me too. Let's hope more leftist parties are removed in Europe and we can have MEGA (Make Europe Great Again) as well as MAGA. 

[stupidfarang]

Golden age of grifter trump lining his pockets, started hours before he was signed in with his crypto coin.