The Biden Administration and All Things Politics

[fishonjazz]

Great post,

The thing of it is. Even if we get a Kamala-Walz presidency for 4-8 years, with their milquetoast policy agenda that improves very little of our daily lives and just serves to maintain the status quo, there's going to be a referendum against the ineffectivity of half-measure democrat governance. When it happens, and it's not ****ing Trump on the other side, who everybody hates, it's going to come in the form of somebody from the republican side who's just as fascist, if not more, and it's going to come in a goddamn landslide.

People like @fishonjazz talk about how great their lives are (love that for you btw, mine isn't too bad either) but I don't believe this is reflected in the reality of the majority. There's a reason people are turning to freaks like Donald Trump. It comes from frustration in the insecurity of their daily lives.

I don't want DJT to win, because I believe this is going to cause a lot of harm, but at the same time it's clear that we're being forced to choose between pain that's going to materialize now or a few years down the line.

I cant really think of anything any president has done that has had a significant effect on my life for good or bad. Only thing that really comes to mind was the child tax credit which gave me an extra 2,000 bucks around tax time which was nice. Probably also increased inflation though.
I think if Bernie was president nothing significant would have happened to have effect my life for good or bad either (I did vote for him in the 2016 primaries and then for elizabeth warren in 2020). Government is made up of thousands of people at the state and federal level.

 

[fishonjazz]

The economy is a priority for Americans as they head to the polls. Here's what's really going on behind the numbers.

As people get ready to vote, here's the latest on job growth, federal debt, and other economic measures.

www.yahoo.com

The good news is that the economy is broadly doing pretty well these days.

"We've seen new highs for the stock market's major averages, falling inflation, the Federal Reserve shifting into easing mode and a job market close to the level associated with full employment," Mark Hamrick, a senior economic analyst at the financial-services company Bankrate, said in recent commentary.

Real disposable personal income per capita — a widely used measure of the money people have to spend or save — spiked in the early pandemic because of stimulus checks in 2020 and 2021 and the expanded child tax credit for the 2021 tax year.

While real disposable personal income per capita cooled off as inflation accelerated in 2022, it has been gradually rising — and is above where it was before the pandemic and close to the prepandemic growth trend.

This year, the S&P 500 has been historically high multiple times. MarketWatch reported Saturday that it had hit 47 record highs this year. This index of large publicly traded US companies reflects corporate America doing quite well, and the rising figures may be good for people's retirement-savings portfolios.

Reiman chalked it up to strong consumer spending, slowing inflation, and lower interest rates leading to higher corporate profits and valuations.

 

[Mongoose]

Danny Ainge eat your heart out... haha
the art of the deal


View: https://x.com/BehizyTweets/status/1849224454498287855

 

[LogGrad98]

I cant really think of anything any president has done that has had a significant effect on my life for good or bad. Only thing that really comes to mind was the child tax credit which gave me an extra 2,000 bucks around tax time which was nice. Probably also increased inflation though.
I think if Bernie was president nothing significant would have happened to have effect my life for good or bad either (I did vote for him in the 2016 primaries and then for elizabeth warren in 2020). Government is made up of thousands of people at the state and federal level.

Presidents continually ignoring anti-trust laws over the past 3 decades generating much higher prices over time eroding your disposable income. You could have had a much better truck, better vacations, more in your 401k, etc etc.

 

[fishonjazz]

Presidents continually ignoring anti-trust laws over the past 3 decades generating much higher prices over time eroding your disposable income. You could have had a much better truck, better vacations, more in your 401k, etc etc.

I don't think that happened because the presidents ignored it. I think it's because thousands of people involved ignored it including us, the average US citizen. We never prioritize things like that when we vote, why would government? When there are town halls or Q and A with government employees I doubt anti trust laws come up very often.

Also, I'm good with my truck, vacations, 401k etc. I have it way better than most everyone else in all the other countries in the world. I got no complaints.

Sent from my CPH2451 using Tapatalk

 

[FalseFlagg K]

No. This is patently false. She's disappointingly moderate in every conceivable way.

Just goes to show everybody that once again, it doesn't ****ing matter how fast a Democrat runs to the center, they'll always be painted as extreme. You don't need to accept the narrative though.

her problem is she's only been running to the centre to get elected. And can't even articulate centrist policies and why she has apparently changed her mind on so many issues. She's been even worse than i expected. How someone running against Trump isn't up by 5-6 points beggars belief

 

[Safetydan]

I don't think that happened because the presidents ignored it. I think it's because thousands of people involved ignored it including us, the average US citizen. We never prioritize things like that when we vote, why would government? When there are town halls or Q and A with government employees I doubt anti trust laws come up very often.

Also, I'm good with my truck, vacations, 401k etc. I have it way better than most everyone else in all the other countries in the world. I got no complaints.

Sent from my CPH2451 using Tapatalk

This is crazy. How can we vote for things that aren't on the ballot?

 

[Safetydan]

her problem is she's only been running to the centre to get elected. And can't even articulate centrist policies and why she has apparently changed her mind on so many issues. She's been even worse than i expected. How someone running against Trump isn't up by 5-6 points beggars belief

Yes, but also I don't buy that if she's elected she's suddenly going to go left or something. That doesn't happen. If she's going to get painted as an extremist either way, her campaign should lean into her and Tim Walz's progressive record (very popular things if messaged correctly). This is a lesson the Democrats have refused to learn for three presidential cycles now. They'd rather lose or win on the flip of a coin than commit to progressive policy. Why? I think the answer is pretty obvious. The decision-makers at the top and those who influence them have a material interest in never improving the lives of the average citizen.

 

[FalseFlagg K]

Yes, but also I don't buy that if she's elected she's suddenly going to go left or something. That doesn't happen. If she's going to get painted as an extremist either way, her campaign should lean into her and Tim Walz's progressive record (very popular things if messaged correctly). This is a lesson the Democrats have refused to learn for three presidential cycles now. They'd rather lose or win on the flip of a coin than commit to progressive policy. Why? I think the answer is pretty obvious. The decision-makers at the top and those who influence them have a material interest in never improving the lives of the average citizen.

Completely agree on all counts. Would've been fascinating to see what would have happened if Sanders didn't get shafted last time and had won the 2020 nomination

 

[fishonjazz]

This is crazy. How can we vote for things that aren't on the ballot?

I didn't vote for, just talk about. I never hear anyone ever talk about anti trust laws. Never see articles about it. Thread about it. Etc.
How do things get on the ballot? Why is immigration and inflation on the ballot this election?

 

[fishonjazz]

Completely agree on all counts. Would've been fascinating to see what would have happened if Sanders didn't get shafted last time and had won the 2020 nomination

My guess? He would have been shouted down and worn down by trump and everyone saying he is a socialist and socialism never works. He would have been labeled as crazy. A far left extremist who wants to take your guns. He would have been placed into the culture wars. Im sure bernie would be supportive of the gays and trans community. He would get labeled as a weak sissy. He would be a marxist communist. Russia still would have been pumping out the misinformation in an effort to assist trump. SSDD. (I liked bernie a lot. I voted for him. And he MIGHT have been able to beat trump because of how bad trump sucks and he isn't a woman. But maybe not.)

 

[Safetydan]

The economy is a priority for Americans as they head to the polls. Here's what's really going on behind the numbers.

As people get ready to vote, here's the latest on job growth, federal debt, and other economic measures.

www.yahoo.com

The good news is that the economy is broadly doing pretty well these days.

"We've seen new highs for the stock market's major averages, falling inflation, the Federal Reserve shifting into easing mode and a job market close to the level associated with full employment," Mark Hamrick, a senior economic analyst at the financial-services company Bankrate, said in recent commentary.

Real disposable personal income per capita — a widely used measure of the money people have to spend or save — spiked in the early pandemic because of stimulus checks in 2020 and 2021 and the expanded child tax credit for the 2021 tax year.

While real disposable personal income per capita cooled off as inflation accelerated in 2022, it has been gradually rising — and is above where it was before the pandemic and close to the prepandemic growth trend.

This year, the S&P 500 has been historically high multiple times. MarketWatch reported Saturday that it had hit 47 record highs this year. This index of large publicly traded US companies reflects corporate America doing quite well, and the rising figures may be good for people's retirement-savings portfolios.

Reiman chalked it up to strong consumer spending, slowing inflation, and lower interest rates leading to higher corporate profits and valuations.

Macroeconomic measures are woefully inadequate. When the average person in the US reads articles like this while they're on the struggle bus it feels like gaslighting. There's a reason economics is 2, arguably 3 of the top 4 issues for voters this election.



Is it because they're too dumb to know that they're actually doing great? No. come on. It's because their economic prospects are genuinely poor and getting worse.

Unfortunately many are being manipulated into voting for DJT who will only add gas to the dumpster fire. This is a reality that the Democrats have refused to reckon with for a long time now.