Why would anyone not want four more years of President Biden?
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  Why would anyone not want four more years of President Biden?
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Author Topic: Why would anyone not want four more years of President Biden?  (Read 556 times)
GAinDC
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« Reply #25 on: May 15, 2024, 02:50:16 PM »

To be honest, if we exclude who was in charge

i'd rather have 2016-2020 be repeated than 2020-2024 and it's not even close, and i think that's what hurts Biden a bit, even if it's not really his doing just like the pandemic spreading wasn't in control of Trump, sometimes a president... is just one human being that can only do so much.

Though i'm still of the belief that Biden could have done more to stop the human suffering in Gaza. But Ukraine-Russia, Afghanistan and post-pandemic or economy, i doubt there was a lot he could do to change those things.

Trump inherited a healthy economy, and Biden inherited one in crisis. It takes time for things to settle, but that’s what is happening. Look at today’s inflation report.
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Fmr. Pres. Duke
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« Reply #26 on: May 15, 2024, 02:54:22 PM »

I see the anti-Biden avatars are out in full force because they are so committed to a false narrative around the economy, and it’s the only hope for Trump to win.

They are scared that inflation is going down and job growth remains strong because that means consumers will begin to realize things are moving in the right direction.

The next six months will be fun.

Also, there's zero evidence another Trump Administration would effectively bring prices down to pre-pandemic levels or that wages would go up as a result of their policies. He doesn't have a real policy here other than another tax handout for his Mar-A-Lago buddies.

Supply Side Economics is generally good in bringing down prices as it helps in increasing aggregate supply. In fact the entire premise of supply side economics is that the way to help the economy is too:

1. Implement policies that lead to businesses expansion which in turn will increase the overall supply in the economy

2. Increase in Aggregate Supply helps bring down prices, which in turn increases demand and spurs economic growth

Keep number 1 and 2 in a loop long enough and you can keep control of prices while the economy is growing as well.

You are aware overall prices will not come down under Trump, correct? Deflation is worse for an economy than inflation, and the only way to get to deflation is to hike interest rates more and hike the amount of QT currently going on. That will cause a bad recession and is not what Trump is running on.

The policies he's advocating (tax cuts, lowering rates) will bring inflation roaring back.
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Computer89
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« Reply #27 on: May 15, 2024, 02:55:50 PM »

I see the anti-Biden avatars are out in full force because they are so committed to a false narrative around the economy, and it’s the only hope for Trump to win.

They are scared that inflation is going down and job growth remains strong because that means consumers will begin to realize things are moving in the right direction.

The next six months will be fun.

Also, there's zero evidence another Trump Administration would effectively bring prices down to pre-pandemic levels or that wages would go up as a result of their policies. He doesn't have a real policy here other than another tax handout for his Mar-A-Lago buddies.

Supply Side Economics is generally good in bringing down prices as it helps in increasing aggregate supply. In fact the entire premise of supply side economics is that the way to help the economy is too:

1. Implement policies that lead to businesses expansion which in turn will increase the overall supply in the economy

2. Increase in Aggregate Supply helps bring down prices, which in turn increases demand and spurs economic growth

Keep number 1 and 2 in a loop long enough and you can keep control of prices while the economy is growing as well.

You are aware overall prices will not come down under Trump, correct? Deflation is worse for an economy than inflation, and the only way to get to deflation is to hike interest rates more and hike the amount of QT currently going on. That will cause a bad recession and is not what Trump is running on.

The policies he's advocating (tax cuts, lowering rates) will bring inflation roaring back.

Reaganomics proved this is wrong though. This was exactly the criticism and inflation did not come roaring back because of the two points I mentioned
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Rubensim
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« Reply #28 on: May 15, 2024, 03:02:07 PM »

Everything
Biden have ed it up to put it bluntly, He somehow went from the only one who could beat trump to the only who could lose
Just look at what Biden have done, he did it wrong in Afghanistan he did it wrong in East Palestine, Ohio he doing it wrong with the economy (You might claim that the economy is doing fine but if the American people don't feel like it fine than it isn't) and look at what happening with the Israeli situation there Protests and encampment across america
I don't exactly support Trump but i'm going to take what i'm given.
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Fmr. Pres. Duke
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« Reply #29 on: May 15, 2024, 03:22:10 PM »

I see the anti-Biden avatars are out in full force because they are so committed to a false narrative around the economy, and it’s the only hope for Trump to win.

They are scared that inflation is going down and job growth remains strong because that means consumers will begin to realize things are moving in the right direction.

The next six months will be fun.

Also, there's zero evidence another Trump Administration would effectively bring prices down to pre-pandemic levels or that wages would go up as a result of their policies. He doesn't have a real policy here other than another tax handout for his Mar-A-Lago buddies.

Supply Side Economics is generally good in bringing down prices as it helps in increasing aggregate supply. In fact the entire premise of supply side economics is that the way to help the economy is too:

1. Implement policies that lead to businesses expansion which in turn will increase the overall supply in the economy

2. Increase in Aggregate Supply helps bring down prices, which in turn increases demand and spurs economic growth

Keep number 1 and 2 in a loop long enough and you can keep control of prices while the economy is growing as well.

You are aware overall prices will not come down under Trump, correct? Deflation is worse for an economy than inflation, and the only way to get to deflation is to hike interest rates more and hike the amount of QT currently going on. That will cause a bad recession and is not what Trump is running on.

The policies he's advocating (tax cuts, lowering rates) will bring inflation roaring back.

Reaganomics proved this is wrong though. This was exactly the criticism and inflation did not come roaring back because of the two points I mentioned

We had interest rates much higher than they are today during the 1980s. That's why inflation didn't come roaring back. Trump can cut taxes all he wants if rates are at 6-18%. But right now they are at 5.25% and people are crying for rate cuts.

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Computer89
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« Reply #30 on: May 15, 2024, 03:24:24 PM »

I see the anti-Biden avatars are out in full force because they are so committed to a false narrative around the economy, and it’s the only hope for Trump to win.

They are scared that inflation is going down and job growth remains strong because that means consumers will begin to realize things are moving in the right direction.

The next six months will be fun.

Also, there's zero evidence another Trump Administration would effectively bring prices down to pre-pandemic levels or that wages would go up as a result of their policies. He doesn't have a real policy here other than another tax handout for his Mar-A-Lago buddies.

Supply Side Economics is generally good in bringing down prices as it helps in increasing aggregate supply. In fact the entire premise of supply side economics is that the way to help the economy is too:

1. Implement policies that lead to businesses expansion which in turn will increase the overall supply in the economy

2. Increase in Aggregate Supply helps bring down prices, which in turn increases demand and spurs economic growth

Keep number 1 and 2 in a loop long enough and you can keep control of prices while the economy is growing as well.

You are aware overall prices will not come down under Trump, correct? Deflation is worse for an economy than inflation, and the only way to get to deflation is to hike interest rates more and hike the amount of QT currently going on. That will cause a bad recession and is not what Trump is running on.

The policies he's advocating (tax cuts, lowering rates) will bring inflation roaring back.

Reaganomics proved this is wrong though. This was exactly the criticism and inflation did not come roaring back because of the two points I mentioned

We had interest rates much higher than they are today during the 1980s. That's why inflation didn't come roaring back. Trump can cut taxes all he wants if rates are at 6-18%. But right now they are at 5.25% and people are crying for rate cuts.



The fed should not cut rates for the foreseeable future . These rates should become the new normal
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AlterEgo
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« Reply #31 on: May 15, 2024, 03:26:43 PM »

I see the anti-Biden avatars are out in full force because they are so committed to a false narrative around the economy, and it’s the only hope for Trump to win.

They are scared that inflation is going down and job growth remains strong because that means consumers will begin to realize things are moving in the right direction.

The next six months will be fun.

Also, there's zero evidence another Trump Administration would effectively bring prices down to pre-pandemic levels or that wages would go up as a result of their policies. He doesn't have a real policy here other than another tax handout for his Mar-A-Lago buddies.

Supply Side Economics is generally good in bringing down prices as it helps in increasing aggregate supply. In fact the entire premise of supply side economics is that the way to help the economy is too:

1. Implement policies that lead to businesses expansion which in turn will increase the overall supply in the economy

2. Increase in Aggregate Supply helps bring down prices, which in turn increases demand and spurs economic growth

Keep number 1 and 2 in a loop long enough and you can keep control of prices while the economy is growing as well.

You are aware overall prices will not come down under Trump, correct? Deflation is worse for an economy than inflation, and the only way to get to deflation is to hike interest rates more and hike the amount of QT currently going on. That will cause a bad recession and is not what Trump is running on.

The policies he's advocating (tax cuts, lowering rates) will bring inflation roaring back.

Reaganomics proved this is wrong though. This was exactly the criticism and inflation did not come roaring back because of the two points I mentioned

And if inflation, in fact, doesn't come roaring back. That just proves that supply-side doesn't work. The money never trickles down and income inequality just increases.

https://www.businessinsider.com/how-bad-is-inequality-trickle-down-economics-thomas-piketty-economists-2021-12
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Fmr. Pres. Duke
AHDuke99
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« Reply #32 on: May 15, 2024, 03:39:27 PM »

I see the anti-Biden avatars are out in full force because they are so committed to a false narrative around the economy, and it’s the only hope for Trump to win.

They are scared that inflation is going down and job growth remains strong because that means consumers will begin to realize things are moving in the right direction.

The next six months will be fun.

Also, there's zero evidence another Trump Administration would effectively bring prices down to pre-pandemic levels or that wages would go up as a result of their policies. He doesn't have a real policy here other than another tax handout for his Mar-A-Lago buddies.

Supply Side Economics is generally good in bringing down prices as it helps in increasing aggregate supply. In fact the entire premise of supply side economics is that the way to help the economy is too:

1. Implement policies that lead to businesses expansion which in turn will increase the overall supply in the economy

2. Increase in Aggregate Supply helps bring down prices, which in turn increases demand and spurs economic growth

Keep number 1 and 2 in a loop long enough and you can keep control of prices while the economy is growing as well.

You are aware overall prices will not come down under Trump, correct? Deflation is worse for an economy than inflation, and the only way to get to deflation is to hike interest rates more and hike the amount of QT currently going on. That will cause a bad recession and is not what Trump is running on.

The policies he's advocating (tax cuts, lowering rates) will bring inflation roaring back.

Reaganomics proved this is wrong though. This was exactly the criticism and inflation did not come roaring back because of the two points I mentioned

We had interest rates much higher than they are today during the 1980s. That's why inflation didn't come roaring back. Trump can cut taxes all he wants if rates are at 6-18%. But right now they are at 5.25% and people are crying for rate cuts.



The fed should not cut rates for the foreseeable future . These rates should become the new normal

But Trump is campaigning on both cutting taxes (again) and lowering interest rates. You can't do both and expect inflation to continue cooling.
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Computer89
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« Reply #33 on: May 15, 2024, 03:44:19 PM »

I see the anti-Biden avatars are out in full force because they are so committed to a false narrative around the economy, and it’s the only hope for Trump to win.

They are scared that inflation is going down and job growth remains strong because that means consumers will begin to realize things are moving in the right direction.

The next six months will be fun.

Also, there's zero evidence another Trump Administration would effectively bring prices down to pre-pandemic levels or that wages would go up as a result of their policies. He doesn't have a real policy here other than another tax handout for his Mar-A-Lago buddies.

Supply Side Economics is generally good in bringing down prices as it helps in increasing aggregate supply. In fact the entire premise of supply side economics is that the way to help the economy is too:

1. Implement policies that lead to businesses expansion which in turn will increase the overall supply in the economy

2. Increase in Aggregate Supply helps bring down prices, which in turn increases demand and spurs economic growth

Keep number 1 and 2 in a loop long enough and you can keep control of prices while the economy is growing as well.

You are aware overall prices will not come down under Trump, correct? Deflation is worse for an economy than inflation, and the only way to get to deflation is to hike interest rates more and hike the amount of QT currently going on. That will cause a bad recession and is not what Trump is running on.

The policies he's advocating (tax cuts, lowering rates) will bring inflation roaring back.

Reaganomics proved this is wrong though. This was exactly the criticism and inflation did not come roaring back because of the two points I mentioned

We had interest rates much higher than they are today during the 1980s. That's why inflation didn't come roaring back. Trump can cut taxes all he wants if rates are at 6-18%. But right now they are at 5.25% and people are crying for rate cuts.



The fed should not cut rates for the foreseeable future . These rates should become the new normal

But Trump is campaigning on both cutting taxes (again) and lowering interest rates. You can't do both and expect inflation to continue cooling.

Neither Trump or Biden have control over the latter . While yes they can appoint a chair of the federal reserve , the fact is that :

- Conservative economists are more likely to be anti QE than liberal ones are . So the list Trump will be provided by whatever think tank he will choose will not be someone who’d be in favor of Interest rate cuts . Even then I don’t even think a moderate liberal economist would choose to cut rates at the present moment

- the federal reserve has been more independent ever since Greenspan so presidents have less influence over their decision


Presidents can scream about interest rates all they want but the federal reserve will almost certainly defy them regardless of who wins . They know Presidents have to do that for political reasons but that doenst mean they would go along with it .



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Progressive Pessimist
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« Reply #34 on: May 15, 2024, 03:49:17 PM »

Because 46 to 47% of this country is brainwashed, and anyone left who doesn't like Biden, at least for now, seems incapable of seeing the bigger picture or understanding how our political system works.
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heatcharger
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« Reply #35 on: May 15, 2024, 05:19:42 PM »

I see the anti-Biden avatars are out in full force

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Amenhotep Bakari-Sellers
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« Reply #36 on: May 15, 2024, 05:32:56 PM »

Conserv don't respect Biden and Pelosi not McCarthy or Spk Johnson for giving us the last stimulus checks. They want to keep crediting Trump but we had divided Govt, with PELOSI giving out those checks. Jeffries is most likely to give out more checks

What is Johnson, McCarthy and Trump wantta do keep giving out tax cuts with our stimulus monies to Oil subsidies

I don't read much of OSR threads because it's just like Redban
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All Along The Watchtower
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« Reply #37 on: May 15, 2024, 05:57:06 PM »

Trump inherited a healthy economy, and Biden inherited one in crisis.


'Nuff said.
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holtridge
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« Reply #38 on: May 15, 2024, 06:12:26 PM »

A lot of the legislation Obama passed Trump got credit for. Trump walked into a strong economy just like Bush did. The Covid pandemic was a lot worse under Trump. Our education system was a lot worse under Trump too.
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holtridge
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« Reply #39 on: May 15, 2024, 06:16:12 PM »

To be honest, if we exclude who was in charge

i'd rather have 2016-2020 be repeated than 2020-2024 and it's not even close, and i think that's what hurts Biden a bit, even if it's not really his doing just like the pandemic spreading wasn't in control of Trump, sometimes a president... is just one human being that can only do so much.

Though i'm still of the belief that Biden could have done more to stop the human suffering in Gaza. But Ukraine-Russia, Afghanistan and post-pandemic or economy, i doubt there was a lot he could do to change those things.

Trump inherited a healthy economy, and Biden inherited one in crisis. It takes time for things to settle, but that’s what is happening. Look at today’s inflation report.
We don't need to make America great again. America has always been great. This is the greatest country on Earth. More people try to move to this country than any other country on Earth. We have enough food for all of the people. We have enough clothing and shelter for everyone. We have the best roads in North America.
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Progressive Pessimist
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« Reply #40 on: May 15, 2024, 06:49:12 PM »

Trump inherited a healthy economy, and Biden inherited one in crisis.


'Nuff said.

Biden needs to make this point over and over again in the upcoming debate. Biden is cleaning up one of the biggest messes in political history, and unfortunately it wasn't the kind that could be accomplished in only four years.
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progressive85
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« Reply #41 on: May 15, 2024, 06:49:40 PM »

I voted for him already in the primary, I'll vote for him in the general.  I feel there's no other choice I can make, but if it was a competitive primary, I would go with someone else.

I'll have to watch this debate to really see how he does.  If its a disaster, I'm not going to feel good about it.  The latest pictures of him show a very old looking man and I still think he's just too damn old for the job.  As far as his actual policies, I doubt they'd change if it was another Democrat in there, whether that was Gretchen Whitmer or Josh Shapiro or whomever.  I'd just feel a lot better if it was a younger governor as nominee, someone new and exciting.
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