The Soapbox

Joined: 03/05/2014 Posts: 19824
Likes: 30535

What's this?

The economy, broadly speaking, is not "good" for most people....

Or at least not as good as it was pre-Biden.

The economy is "good" -- as it usually is -- for the wealthy. Even if the stock market had done well under Biden, as the OP claims, that only benefits people who own large amounts of stock, which is a small percentage of Americans.

The larger percentage of Americans, however, are dealing with the fallout of DC's inflationary policies every time they go to the grocery store, fill up their gas tank or pay a utility bill. They are watching public resources be expended on illegal aliens being allowed to enter America in the millions and sent overseas to help foreigners. They are looking at mortgage rates that make buying a home completely unaffordable.

Long story short, Americans believe exactly what they are seeing in their daily lives, and that's why the basement-dwelling president is deservedly accompanied by basement-dwelling poll numbers.

(In response to this post by wahoo138)

Posted: 12/18/2023 at 12:49PM

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Current Thread:

Does Twitchy or Gateway Pundit or the Federalists (R-Uline Times) -- Shenhoo 12/18/2023 12:15PM

Unfortunately doesn’t seem to matter to anybody -- wahoo138 12/18/2023 12:43PM

He’s way too old and doesn’t inspire confidence. -- WahooRQ 12/19/2023 12:11AM

You have to love the cluelessness in this post -- TomKazanski 12/18/2023 3:36PM

Inflation is nowhere near record levevls. We had 12 months of inflation -- BocaHoo91 12/18/2023 5:27PM

Wait a minute, are you trying to run some of your "per-capita" jive on poor -- southdenverhoo 12/18/2023 5:46PM

Maybe a little. But by the end of 4 years, I think we’ll have -- BocaHoo91 12/18/2023 7:23PM

And despite having nearly 100 million more people, the “record” number of -- WahooRQ 12/19/2023 10:57AM

Truth is that we have current "record" inflation running at 3.1% -- Shenhoo 12/18/2023 5:39PM

I don't think you know what "record" means. Clearly. ** -- Seattle .Hoo 12/18/2023 5:01PM

I think people are still spooked by the inflation over past 2 years. Hoping -- JohnHoo2 12/18/2023 2:16PM

I think it's mostly that he's old though. He's going to have a total lid -- BocaHoo91 12/18/2023 3:45PM

This is it. ** -- Seattle .Hoo 12/18/2023 5:01PM

I think people's understanding of the economy trails by 3-4 months what's -- southdenverhoo 12/18/2023 12:55PM

I agree with that. ** -- Shenhoo 12/18/2023 12:57PM

Probably true. I will enjoy my returns in the meantime as Biden's -- Shenhoo 12/18/2023 12:52PM

The economy, broadly speaking, is not "good" for most people.... -- Los Angeles Hoo 12/18/2023 12:49PM

Nonsense ** -- 111Balz 12/18/2023 2:54PM

TBF the market was very kind in '21 under Biden, just flat the next 2 yrs -- Hoodafan 12/18/2023 1:08PM

The 2021 return was related to... -- Los Angeles Hoo 12/18/2023 1:37PM

Well, you are correct the 21 was basically a recovery from -- 111Balz 12/18/2023 2:51PM

Team Sleepy pumped plenty of $$ into the economy in '21 as well. ** -- Hoodafan 12/18/2023 1:43PM

Nothing like your hero though. And to think he wanted to triple -- BocaHoo91 12/18/2023 3:44PM

Do you think your recent hitler rhetoric is wholly appropriate? -- TomKazanski 12/18/2023 3:49PM

No ** -- 111Balz 12/18/2023 4:37PM

Huh? ** -- BocaHoo91 12/18/2023 4:13PM

If trump had said something along the lines of -- TomKazanski 12/18/2023 7:39PM

Your stupidity never fails to reach new heights. It's OK to quote Hitler -- BocaHoo91 12/18/2023 8:12PM

S&P is finally back to end of '21 levels. 2 yrs of a flat market if that is -- Hoodafan 12/18/2023 12:38PM

So at the end of 2021, interest rates were still low, the economy was still -- 111Balz 12/18/2023 1:07PM

You allegedly went to the Comm School, yet do not understand the impact -- TomGlansAski 12/18/2023 12:45PM

And in fairness, not just under Trump. Under Obama as well. ** -- 111Balz 12/18/2023 1:00PM

Don't interrupt his dismiss and deflect effort. ** -- Hoodafan 12/18/2023 1:02PM

He was explaining. The relevant fact is things changed ** -- 111Balz 12/18/2023 1:29PM

Fed Rate also consistently went up under Trump mostly, until COVID hit, and -- Hoodafan 12/18/2023 1:35PM

Um, except Fed lowered the rate 3 times in 2019. -- Shenhoo 12/18/2023 1:42PM

Trump spent four years screaming publicly and how unfair -- 111Balz 12/18/2023 2:52PM

Not exactly sure what you’re talking about. Link -- 111Balz 12/18/2023 1:42PM

That's exactly what I was talking about. Same chart I looked at. Rates -- Hoodafan 12/18/2023 1:51PM

The highest point interest rates got to during Trump’s years was lower than -- 111Balz 12/18/2023 2:01PM

I never claimed they were at historic rates under Trump, nor are they for -- Hoodafan 12/18/2023 2:10PM

So let’s be clear the original poster was just making a point that -- 111Balz 12/18/2023 2:47PM

No, the original poster came here to pat Joey on the back for the market -- Hoodafan 12/18/2023 3:04PM

Interest rates WERE artificially an unsustainably low during Trump -- 111Balz 12/18/2023 4:35PM

All the good news has Earth 2 nearly suicidal at this point. -- Shenhoo 12/18/2023 2:59PM

Why would I be "nearly suicidal" and "depressed"? My accounts have -- Hoodafan 12/18/2023 3:08PM

It’s not worth the effort to educate a moron like yourself who comes to -- TomGlansAski 12/18/2023 2:19PM

LOL! ** -- Hoodafan 12/18/2023 2:20PM

The Fed went to great lengths to prop up the Trump economy. -- Shenhoo 12/18/2023 12:54PM

Glad to see it finally emerge from the low-mid 30's doldrums ** -- Tuckahokie 12/18/2023 12:43PM

TBF, I am certainly enjoyed the buying opportunities the last two years. ** -- Hoodafan 12/18/2023 12:58PM

"Flat" in a high-inflation environment, that is. So, DOWN in real terms... -- Los Angeles Hoo 12/18/2023 12:43PM

Well as long as we're picking random dates in the middle of a president's -- BocaHoo91 12/18/2023 6:05PM

As I have said before, I don't hold Biden accountable for anything. He... -- Los Angeles Hoo 12/18/2023 10:13PM

To quote Waxie, Yes! -- Hoodafan 12/18/2023 12:56PM