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Who will be a better President for our economy? Donald Trump or Joe Biden?
Discussion/ DebateI'm not sure how anyone could justify trump being better for the economy.
I wonder if those people invested in Trump media...how's that going for them?
EDIT: I've never received more troll responses in my life. So many "honest questions"
Uh oh, now the death threats are starting
Over heard them argue about gas prices.
Yea I've heard those arguments too.
My favorite thing to do is remind them that they previously said democrats artificially deflate gas prices during election year. It's fun shutting down conspiracy theories.
Biden did drain the emergency oil reserves prior to the mid-terms. Or is that not approved to mention?
Then needed oil so bad, we had to ask Venezuela for help.
WE are actually allowed to be critical of our leader. WE are not required to be in a constant state of knee bending with our face right below his A**.
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1mo
Dug in Trumps and actual billionaire’s asses.
There's no way he's a billionaire barely came up with 175 million.
I agree that’s why I said actual billionaires. I almost bolded it.
When OPEC has an invested interest in seeing you lose and tries to fuck with the oil market, you do what you have to do to keep your supply lines going.
Maybe remind the people who complain about gas prices, when it was under 2 bucks a gallon, 1k+ people a day were dying and they were basically paying people to take the gas since they had no place to store it.
But Joe sniffed his grand daughter’s hair so we can’t vote for him.
And Trump has repeatedly openly admitted to wanting to f*ck his own daughter since she was 12 but that's fine he's just joking.
👀
Conservatives are okay with fucking children. Just look at how they push for child marriage and let religious folk off the hook for it.
Don't forget the guy who wrote the Arizona abortion law in 1864, he married a 15 yr old right after that. And he was in his 50's. But remember, it's drag queens who are groomers.
Trump allowed the largest gas refinery in the US to be sold to the Saudis. Yep, to the people that have been screwing us over fuel since 1973. Then mysteriously, Jared gets a two billion dollar Saudi investment. How can anyone think he's good for us?
Not to mention Jared sold 666 fifth Ave to Qatari’s who just so happened to hand him a billion dollars after he left office.
Summary of the above link: (I love bringing this shit up)
Early in Trump's presidency, Jared tried getting the Qataris to invest (giving him a billion dollar loan) in that building, but failed, and after his failure he got the US and everyone else in the ME to fuck Qatar.
Brookfield ended up bailing him out by "investing" in his building that he overpaid (because he wanted a crown Jewel in the Kushner portfolio). They invested by renting it out and paying a 99 year lease up front.
Get this... In addition to owning a ton of shit and being developers, Brookfield also owns Westinghouse, an electrical manufacturer. In addition to making electrical panels and circuit breakers and shit, Westinghouse builds nuclear reactors. Do you remember when Trump tried to do an end run around congress to sell nuclear tech to the Saudis? That's why, Kushner needed to pay back Brookfield by getting some fat contracts for Westinghouse to build nuclear reactors for the Saudis. Trump tried giving nuclear technology to the people that committed 9/11.
They don't believe those deaths were real. They think COVID was a liberal hoax.
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1mo
I had patients that died of covid not believing it.
I had early patients on ventilators not believing it
‘Drain’? - Drain implies it’s empty. Between 350-400 million barrels of oil isn’t empty. Biden released reserves as the cost of oil shot up after the pandemic when demand increased exponentially and the price shot up by 500%. You’ll see the trend is to stop releasing as prices stabilize.
You don't seem to understand. Drain is a MAGA word that means "to replenish fully".
You heard Trump use it a lot when he talked about "draining" the swamp.
That guy is actually just a Biden supporter.
Stop showing the facts. You're ruining their Fox talking points.
Ive assumed that as the largest oil producer on the planet now, our reserves are not as important.
And he refilled it for cheaper than he emptied it for, making a profit for the US. A better businessman than trump too.
He never did refill it... Get your facts straight
They are being refill currently, just waiting for the right price. Large reserves buys you the time to get a good deal.
The administration has so far bought back about 32.3 million barrels of domestically-produced crude oil, since the 2022 sales
SPR are not refilled
When did he refill it?
This is 100% misinformation
That is a lie, literally last week it was reported that he hasn’t replace the oil reserves that he sold not to Americans but to China. Cuz it was to expensive. SMH
Where did you hear that Biden sold all the oil to China? That is so ridiculous lol
"The oil is sold to eligible companies that make the highest offers. Some of the companies are U.S. subsidiaries of foreign companies, and some that purchased oil have then exported a portion to buyers overseas. Exports increase the global supply and still help with U.S. gas prices, experts told us." source
Biden tapped, not drain, the strategic oil reserve to soften the spike in oil prices due to the Russian invasion of Ukraine and the resulting Russian strategy to use energy as a weapon in its war against the West.
Edit: corrected “West” for “wed” ; spell checker issue.
That's what the reserve is there for. It's a hedge against things like when Russia starts a war. You replenish the reserve when prices are stable like they have been.
Do you mean did Biden buy new reserves when the prices were the cheapest they’ve ever been? Yes.
I mean is that a problem? It kept prices lowered for a few months and the USA still has the largest reserves in the world. What else is it for other then stabilizing prices?
Had a guy tell me democrats just give businesses tax payer money. Then two seconds later told me republicans are the party that support business ….
You don't understand, Democrats can both artificially deflate gas to win elections, and cause gas to skyrocket from economic policies. As long as you don't think about it too hard, anything is possible.
And it’s depressing to know that they’ll probably never change.
Far from a conspiracy thoery, it's proven itself a billion times, it's just election time, it's not a Left or Right thing.
"Gas prices are too high!" president uses one of their few options available for lowering gas prices "NO! We hate that, too!"
So, to be clear, Fox wasn't going to let Biden get a win on that front no matter what.
The funny thing is that Trump cut oil production during covid due to low demand. The price hike came under Biden due to that and also Russia and Saudi Arabia cutting oil production to make the supply worse and price higher when the world started needed Oil after covid.
Biden mass expanded oil production in the US to the point that the US is now the largest oil producer. It's kept domestically to protect the supply chain in case of war or Covid 2.0.
Just tell them we are producing more oil than any country in history right now in America. That's a fact.
Anyone who thinks Trump would be better pays 0 attention to the policies of the two and just latch onto the fact that Trump is a self proclaimed “business man” so therefore he must be an expert economist.
So funny (in a depressing way) how many of them STILL consider Trump a good businessman when there are tons of documentaries discussing the way he consistently committed fraud for his entire life and bragged about it along the way.
Nepo baby who lies, cheats, steals and goes bankrupt and then repeats the cycle somehow = good business lol
Imagine how stupid you have to be to go bankrupt running a casino. Multiple times!
Don’t forget, he also tried to steal an election, he broke what 99 different laws and people still thinks he’s a good choice over Biden. Biden may have some speech gaffs but he’s smart and has a good heart. DT is a soulless piece of shit
Six bankruptcies businesses man. I swear, you can't make this shit up. We're in bizarro world.
Trump is a better salesman of his policies, which is understandable given his origins in show business. He is also willing to interfere with institutions like the Federal Reserve that are supposed to be neutral. When Trump gives out free money, he makes sure that the recipients give him credit.
Trump is the kind of cynical politician who figures that the American people are more interested in a handout funded by raiding the treasury than maintaining functional institutions- and the corrosive effects of that sort of governance doesn’t immediately make itself felt.
By comparison, Biden isn’t a good salesman of his achievements and he doesn’t thrive by acting impulsively and leaving chaos in his wake.
Well, when the policy is tell you whatever the fuck you want to hear even though it will never come to fruition, I guess it’s easier to make a pitch for that.
Pretty much…
To the Trump fans - Is it ‘Infrastructure Week’ again? Oh, thats right. Biden actually got an Infrastructure bill thru Congress. In less than a year after taking office. Trump couldn’t get something passed in four years.
Just two more weeks to amazing healthcare plan too.
Very much. I loved how he came out said it would be better, cheaper, etc. etc., and then came back to interviews saying - “Nobody knew health care could be so complicated.”
Yeah, President Dumbass…a LOT of people knew, which is why it’s such a big deal that the ACA was signed into law in the first place.
After months of saying Congress would have a new bill, and always being two weeks out, it’s never happened. Now as he’s running for office again, he’s saying he’ll have a new healthcare bill. I guess he really means it this time!
¯\(°_O)/¯
He's only a better salesperson to the demographic that likes Trump to anybody else they don't understand a word he says cuz he says English words but they're not sentences
The he current working downturn was heavily predicted back in 2019 as a result of the Trump admin economic policies…. The pandemic, with all the subsidy funding actually delayed it a bit… Biden’s admin bills have helped us rebound quicker than other countries.
I’m not sure how anyone could justify trump being better than anyone.
Trump could lose money running a casino.
Because those complete morons think Trump was responsible for the trend that started in 2010
The one and only thing I liked about trump was stoping aid to countries that don’t help us
I think we should take care of ourselves before helping others but other than that the guy is a loose cannon
sadly, he didnt do the "take care of us" part, but he did take care of him
Foreign aid is like less than 0.01% of the budget.
It's also not just given for free. Nothing's free, it's also a way to buy influence and project soft power
Bingo. That money can go a long way in other countries. It greatly helps our economic interests (whether above board ir not)
Because they’re economically illiterate idiots. Trump “works hard” for the people by rashly implementing the populist movement of the moment, then blaming everyone else and overcorrecting when it blows up in his face while touting his “fixing” of the very crisis he created. His incompetence is so predictable that if you’re shameless you can bank on it, and those are the type or people who’ll disingenuously push Trump as being good for the economy so they can profit from the chaos.
I mean, he was in office for four years, why mention this now around election? People still seriously trust politicians' promises? Has no one learned yet that all of these mf just tell y'all what y'all want to hear, both Republicans and Democrats?
40 years in DC and he never put forth any such legislation.
ALL politicians are shyster, liar, psychopath, corrupt, scumbags
It's funny how you can just make up garbage here and people upvote it. I distinctly remember Biden fighting for and voting for Clinton's Tax Reform Act that passed back in the 90s. I also remember him arguing for Obama's surtax on the super rich. I also remember him over the last forty years consistently arguing for higher taxes on the wealthy.
You know what's even more relevant than that?
Why hasn't the current Republican Congress done anything? The only bills they've been making are anti-trans garbage.
40 years in DC and he never put forth any such legislation.
Not only that, its all just empty words aimed at getting votes from people too brainwashed to realize that the 8% figure he keeps throwing out is made up.
40 years ago the top marginal tax rate was 50%. And 40 years ago the 400 richest Americans had a total 125 billion us dollars. There are now 756 billionaires with the top ones all having over the combined net worth of the 400 richest Americans 40 years ago. While the rich have always been an issue it's been absolutely exacerbated in the more recent years especially after trump's tax cuts and covid spending. And one person can't get anything done in government anyway even with support of half the body because everything can be filibustered. But regardless of all that, he's saying people pay their share while the other guy is literally saying don't worry more tax cuts incoming.
We still have a two party system and it’s more divided than ever so, no. No they haven’t
I mean come on, all these "Make America Great Again" bozos seem to forget the very age they view through rose colored glasses was made possible by 60-90% tax rates on the most wealthy.
The modern nation was built on guardrails that kept prevented capitalism from draining the public coffers and impoverishing the working class while hoarding wealth like a dragon by using those funds to buld public infastructure, fund schools and provide a safety net, however imperfect, to our most vulnerable. If anything 25% min, is a joke.
“Oh but nobody ever paid those rates!!!”
Fine, raise them back to 1950s levels anyway, just so it’s on paper. If no one will pay it anyway, what’s the harm?
The effective rate for the wealthy in the 60s was 45%. That's a hell of a lot higher than now. The average effective rate in 2019 was 18%. Funny how none of the middle class now pay less than half.......
Good point. Most of Trumps most popular promises go directly against what was happening in the times they want to go back to. Social safety nets, regulations on business, environmental protections… all started in the good old days they look at with such nostalgia
They don't want the economic policies of the 50's (post New Deal stuff, strong unions, etc), they just liked that black people and women couldn't vote or work the same jobs as the white men.
His FTC's approach to antitrust law is so refreshing and it's not even mentioned in any headlines. His administration has attacked more monopolies than any admin in the past 50-60 years if not longer. The fact that the DOJ is going after Live Nation next is just superb.
I had no love for Biden when I voted for him and he's done nothing but surprise me. Not thrilled that he's running again but I don't even feel bad voting for him this time
Honestly this. Going after monopolies is a refreshing take. I wish the media would share more of the good things, rather than just the divisive things. (Same with the in-network hospital billing rules that came out under Trump).
I mean, only if you include every economic indicator. https://www.epi.org/publication/econ-performance-pres-admin/
Trump can't even run a casino...
Disabled Veteran here - please support us by voting blue, DearMAGA.com is a memorial to those lost at the hands of MAGA 'patriots'. We are only going to lose more people, we need you to help us and vote blue!
I can’t believe the question even needs to be asked. In 2016 I get people saw through his faults, for hope he might be good economically. But when a guy is clearly only out for himself, you can’t trust him to be good for anything.
Has to be satire
Can you explain? Don’t get me wrong I support Biden, but when it comes to economics I don’t know anything.
The only economic growth Trump really saw was by bottoming out interest rates during a strong market (exactly the opposite thing you should do) and dropping corp taxes a massive amount which led to huge buybacks, artificially propping up the stock market.
Neither of these two things are REAL economic growth. They're robbing Peter to pay Paul or whatever that saying is.
Biden on the other hand has much stronger economic and market growth so far than Trump, and that's all while raising interest rates to help combat inflation.
The economy under Democrats leadership always does way way way better than under Republicans. Trump even said so years ago before his brain liquefied.
Trump was publicly pressuring the Fed to make interest rates go negative. In 2019. When unemployment was at it's lowest rate in decades and the markets were at all time highs.
If he had gotten his way, the inflation resulting from COVID era policies probably would have been even worse.
A lot of people talk about how covid derailed his presidency but honestly kind of seems like it gave him an easy boogeyman to blame everything on economy wise. The house of cards was starting to fall down
Billionaires do not necessarily have any “normal” income.
In the federal and state tax code, tax rates are primarily for income from working.
Billionaires rarely work for a living. So we are talking about capital gains taxes. But the real billionaires aren’t even doing that. They’re living off loans off their assets as collateral. Loans are taxed at 0%.
Edit: added “normal”
Right they just take loans and then pay off the loans with more loans, and this works because the collateral is growing at a huge rate and doesn't get taxed unless sold.
So you can sell one of your investment properties for profit and use that for funds for day to day stuff, and pay tax on it. Or you can get a $1M loan against the increased value, and pay like 3% interest. 3% interest is lower than the growth of the property AND it comes with a handy debt as well, so you never actually got any money, it's all net zero. But next year your property appreciated again, so you take $2M as a loan, pay off the first loan, use the $1M as day to day...
You are, in this case, absolutely taking value from the property. The bank knows the value from the property. The bank wouldn't loan unless it did. **This should be a taxable event.**
I get it. If you don't sell something how do you know what it is worth? How do you know how much to tax it if that is the case? And the reality is, you do know, because you had it appraised and the bank agreed and gave you money for it. But instead of transferring the house they gave you a debt, which is saying they will take the house if you don't pay it back. It's the same as selling, but with clever words on paper to make it something legally distinct.
It doesn't need to be legally distinct. If you have bought a property, you paid taxes on it. If you sell that property, you pay the difference in taxes. But if you loan against the property, you should not be able to use the appreciated value of the property as collateral until you pay taxes. So sure - if you want to take a loan out for $100M on a house you bought for $50M? Go right ahead, but you need to increase the taxed value of the house to the appraised value (so pay taxes on the $50m appreciated difference). This closes the loophole and is exceptionally fair.
This, this right here is the real shit. The straight to the point shit. The Kanye repetitive hook shit.
Da-na-na-naa just wait till they get that tax code right…
had a dream i could buy myself a home, when i woke i spent that on (student) loan.
Also, margin loans against equities in taxable accounts. Just settle up at death.
You really don't want this to stop from happening. Stock and housing market crashes if this happens. Also using assets as collateral is a very basic survival of even the smallest businesses.
Idea sounds good but way too much implication on the rest of the population. Example home equity line of credit, does pretty much the same thing. So house goes up say 10k and you take a loan against that 10k of equity, well in your scenario then that 10k would be treated as income..... really bad things happen if you go down that road
What's the bad thing?
People take on less debt over time?
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1mo
But according to the scenario above, wouldn't they only need to pay capital gains tax on their home if they took a line of credit out on it that exceeded the value of the original price they bought their home for? How many people are taking out LOCs for the entire value of their home, yet alone the entire value of their home, plus the amount it's appreciated while they've owned it?
I wouldn't like people taking out home improvement loans and the like to now be stuck with a tax bill. That is the majority who will be affected, billionaires are a tiny percentage of the population.
Doesn't this mess up the average Joe's mortage though ?
There's no reason you can't put a floor on it so you only pay taxes on the amount over $1,000,000 (for example) each year. You could even have different brackets just like we already do for regular income.
Why does this always get trotted out when they still pay less in effective tax rates. As if dividends taxed less than earned income isn't an issue.
In a 2007 interview, Buffett explained that he took a survey of his employees and compared their tax rates to his. All told, he found that while he paid a total tax rate of 17.7%, the average tax rate for people in his office was 32.9%.
https://www.fool.com/taxes/2020/09/25/why-does-billionaire-warren-buffett-pay-a-lower-ta/
The common argument is that dividends are tripple taxed. The company pays taxes on income, gives that to another company as dividends because they are partially owned by them, then they pay taxes on that and THEN you pay taxes on the dividends when you receive them. There’s ways around this that prevents this from happening, but it’s the weak argument that’s always brought up when people try to say dividends aren’t actually a lower tax income
Loans paid for with… income
They get loans they don't have to pay back?
They sell portions of their stock, which they pay taxes on, to pay the loans.
So is that what they're trying to raise taxes to 25%?
You can raise the income tax rate to 75% for billionaire and it still wouldn’t effect them as they don’t make “income” the way most people do. It’s just a talking point for politicians desperate for votes.
ShikaMoru is asking if capital gains tax would be raised to 25%
Many buy a ton of property and as long as the rent pays more, then there. Basically, you aren't hunting for that billion dollar whale. It just doesn't exist. Or at least it doesn't all that often.
So basically, what he is doing is virtue signaling since most doesn't know how it really works. Like he can tax them 90%, and it won't make a real dent in anything.
If he wanted to really want to do us right, then he would go after these loans.
Okay it’s time for me to unsubscribe. Same shit over and over. Goodbye everyone, have a good night.
was about to say the same thing, every single day, someone must bring up something like this
Especially when the post makes little actual sense.
I mean what the heck is Biden even taxing here? Ordinary income? Capital gains? Net worth?
25% of what?!
But billionaires are ruining the world. Take their money. Just take it from them.
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1mo
Specially considering OP isn’t factoring at a single time the fact that this guy has been in office for 4 years and would have had the opportunity to implement such a tax.
Also as other pointed out this can go a lot of different way when applying the tax and billionaires might be able to go around that tax easily.
Also billionaires assuming they have high income and not shell companies to absorb those incomes prety much get taxed immediately on the highest US tax brackets.
This is called grifting for votes. They will never implement this.
Biden promised to repeal the 2017 tax cuts only to sign them back into law.
They always campaign about making the 1% “pay their fair share”, and then instead passed sending the 99% a 1099 for $600 in online sales.
The whole thing is a joke.
hungry hurry workable steer rain lush rich treatment wasteful marvelous
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Just like every generation that came before them, I’m sure they will realize the grift for votes. They don’t even need to look far for example.
Propose taxing billionaires in 2024. Won’t happen even if he is elected a second term.
Aid to Gaza after 30k civilians are dead. Sure, gotta do it right after Super Tuesday. Over 30k dead for votes in November.
Making “Roe v. Wade the law of the land”. An empty Obama and Biden promise.
Biden comments about TVD 2020 and 2024. Odd he only makes note of it during election years.
Decency was on the ballot, and two global conflicts.
The good news is, they keep voting for this crap they will be drafted into one fuck of a war.
plant tub yam dependent fragile nutty sleep sense fanatical rob
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They weren’t signed back into law, they were always set to expire in 2025
To be fair he never had the votes to pass a material tax increase. Sinema and Manchin consistently opposed those in the senate.
That’s not how the executive branch works.
Specially considering OP isn’t factoring at a single time the fact that this guy has been in office for 4 years and would have had the opportunity to implement such a tax.
I see these comments and I just get confused. There's a lot wrong with your understanding here.
President's don't implement tax law.
Democrats lost the House in 2023, so it's 2 years, not 4.
You don't understand the nuance of how a bill becomes a law.
You probably do not know the makeup of the Congress in 2021-2022.
In all honesty, this post reminds me of someone having a strong opinion, but not actually understanding the topic.
I hate myself for not doing it sooner.
Reddit is a giant left leaning echo chamber, idk what you expected.
I'm not even a member of this reddit and I get this shit.
I second this.
Statistically speaking democrats were better for economy.
But there is "economy" and there is "perception of economy". Trump would just need to say to his followers "I gave you the best economy" and they would be happy.
It’s crazy how “perception is reality” when it comes to the economy.
Actual investors don’t pay attention to it, but the majority of people will spend in worse economy if their guy is in office
Which is part of why polarization is a problem that actually impacts everyday life.
I don't like Trump but as long as the US is stuck in this political culture war thing will only get worse for them regardless of who the president is.
“I reject your reality and substitute my own.” It’s the motto these people live by.
Even then people don’t understand that 1. It’s a slow moving ship that takes a long time for things to affect and 2. The president doesn’t affect it much. Unless he does something stupid to start a war, which is technically in congresses ballpark but who knows nowadays.
A minimum tax of what Joe?
It doesn't matter. Just say the line to get elected.
"tax the rich" is the democratic equivalent of "family values" from the other side... Neither holds much weight and is hard to actually implement, yet politicians use them becuase they're impactful
What is he going to tax, though? Do billionaires usually have “income”?
They avoid it as much as they can, but they still do have some income
Yes, but the taxable income they end up with is already taxed at far more than 25%.
Problem is not that tax is low for top 1%, it’s the fact that they won’t pay anything even when tax is 90%. The loopholes are the problem, not the %
Hard to tax assets in trusts or charitable trusts.
If a taxable event occurs, a tax will be paid. Doesn’t matter if it’s inside a trust or not.
Not shockingly, half the nitwits on Reddit don't understand this.
Our tax system is needlessly complicated and companies like H&R Block and Intuit continually lobby for this.
Well thats not true, according to the IRS The top 1 percent of taxpayers paid a 25.9 percent average rate, nearly eight times higher than the 3.3 percent average rate paid by the bottom half of taxpayers.
There's only 735 billionaires in the US, so they are small fraction of that percent.
Biden has been in politics for decades and president for over 3 years, but he wants to make this a policy ~6 months before an election. Not only that, this is just pandering to his base with no incite into how he will apply such a policy. Most wealthy people know how to circumvent this sort of stuff, just like how they do with income tax.
I’m all for the billionaires paying more of their share, but this does seem like more of a publicity move than a useful policy move
All he’s been doing the last 6 months is buying votes
Trump was calling for negative interest rates back in 2019. He started trade wars left and right. He ostracized historical allies. I think the people who are saying Trump is better are looking back at the pre-Covid era with some rose tinted glasses. He oversaw some of the largest deficit spending in US history, even before the pandemic. The economic growth was largely a result of unsustainably low interest rates. If he could have his way, he’d be chasing Erdogan in pressuring the Fed to cut interest rates to “fight inflation”.
Both Biden and Trump are pretty protectionist too. So the whole “Trump prioritizes America” angle is not particularly convincing to me. And that’s without considering that protectionism is not good policy.
All in all, Biden gives the markets some confidence in the form of stability. Trump is more unpredictable and has an unhealthy obsession with lowering interest rates - even when it is completely inappropriate.
I’d give Trump a 4/10 on the economy and Biden a 6/10 if I had to give them a score.
I'd up Biden's score a little. The infrastructure and chips acts are slow burning growth engines.
Trump is calling for a 60% tariff on everything made in China! No discussion of the candidates’ handling of inflation should ignore this, it would probably be the single most inflationary policy move in modern American history.
He wants to devalue the dollar as well, which makes imported goods even more expensive.
IMHO Presidents have a negligible effect on the economy. For the past few decades, it’s the Fed you gotta keep an eye on.
does voting affect the Fed?
Not really.
While the US President appoints the Chairman to the Federal Reserve, the Fed are all going to follow basic fed policy of raise interest rates to curb inflation and lower interest rates to juice the economy.
It's a balancing game, all while also trying to keep unemployment low and keeping GDP growing at a steady rate.
There's general partisan consensus on these economic policies.
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1mo
How so?
EDIT: I didn’t say a damn thing about you ignoring me, buddy. That was some other rando. You just don’t want to have to come up with actual reasons.
I love how there's a comment below saying no one's willing to have a conversation, but your comment - asking for more information to have a conversation - is sitting here ignored. I just love it.
Not responding within an hour means nothing. Bro could be at work. It's late, he could be asleep.
Not in this case. Check his history. He's commenting elsewhere. He's a confirmed bullshitter.
Could be. But no one has yet picked up the mantle in his place, but want to talk about how no one wants to have a discussion.
I'm just pointing out that fact, nothing more.
Edit: he also responded to someone else on this same comment chain AFTER the comment asking for explanation was posted. So there's that.
I’m not hearing any points made from any direction
Autocracy is good for the economy? Idk I’d love to hear it too.
Which of his specific policy proposals would be the most impactful? His massive expansion of import tariffs?
Lmao you were responding to plenty of other comments and ignoring the ones that made you think critically.
The guy calling for extreme tariffs on anything made in China will not be better for the economy
Funny how reality never supports a vote for Trump
These words don't even make any sense. Minimum tax "for" billionaires. "25 percent" of what?
Trump, and it’s not even close.
Correct and I can’t stand Trump. But Bidens a whole new level of bad.
What economic metrics are you using?
The economic metric of “trust me, bro”
"Inflation, and no, I will not discuss when the 'money printing' occurred and if you mention 7 trillion in quantitative easing in March 2020 I'm going to scream 'rape' and block you"
Whats your primary grievance about Biden?
It’s simple. Are you better off now than you were when Trump Was in office. There’s your answer.
No one is
Anyone thinking Biden’s economy is better is either completely delusional or so emotionally involved they shouldnt be allowed to vote
Sigh So stupid. This is why Republicans get away with their games. Tax policies that expire mid-Democrat terms but only for citizens, spending trillions to allow for an inflated stock market in the last 8 months of his campaign.
All the damage falls during the next 4-8 years and y'all blame Democrats.
I'll give Republicans credit. They've figured out that their voters are morons who don't understand fiscal policy so they can enact intentionally poisonous policies and be 100% sure their voters will blame Dems.
It's a good grift. I'll give them that.
Taxing billionaires is great and all but really doesn’t bring in that much more. Look at our rate of spending. What would really be nice for the economy is to not blow so much on war and the cronies of all these old establishment assholes.
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1mo
Teachers, sanitation works and nurses generally pay a lot less than 25% in federal taxes… Then again , no taxes should be more than 15-20%.
He woke up and realized he needs to start making sense before he loses the election.
I don’t think he is capable of being awake more than 2 hours. And this weekend Iran deprived him of his beauty sleep in Delaware
Like corporate America billionaires will ever pay income tax. Also you need to define which tax, Joseph
That im on here and i see so mang delusional people.. joe biden has not done one single thing to benefit this country. Grapes are $11, our southern border has literally been a turnstile for a year, and war after war. He is not a unifier, nor is he does he communicate sincerely with the American public. Everything is worse, significantly fucking worse over tese past few years. None of the things i mentioned were true under DT. Im not saying hes the best but my paycheck, safety, and overall opportunity in life was better under him. I am unsubscribing from this liberal fishbowl.
Price of grapes: https://fred.stlouisfed.org/series/APU0000711417
This is the most typical US political exchange.
completely false exaggerated lie to support my opinion, stated as a fact
fact obviously showing your opinion is nonsense
OP disappears or results to personal insults
Both sides, every time. When will the US learn?
Makes up a bunch of BS in his fantasy world before
checks notes
Calling everyone else delusional.
How righteous my guy.
Every time you Trumpers pull braindead nonsense out of your asses, you make another person vote for Biden
The one that virtue signals more apparently.
Rump will make the rich richer.
Not being political
But purely in terms of the economy, and by that I mean my modest middle class net worth 😆, Trump would be a better president for my wallet.
I feel like trump will force Zelenskyy to concede the eastern regions in order to end the war. That should be of some benefit to the global economy. I think there’s a non zero chance he makes an agreement to lower entitlement costs and raise taxes but i think he’s more concerned with his short term legacy than doing the prudent thing. His second term is a wild card and has a lot of potential downside. Biden will continue the war and grow the size of govt. I suppose when you support proxy wars you can keep feeding the defense beast and weaken global rivals without imposing painful measures like trade wars and currency manipulation. If he succeeds in his tax plan that would be good for inflation but worse for economic growth. It’s going to be a big ask without making major concessions or gaining big wins in congress. Neither president cares to address housing or any of the major actual problems with the economy. Honestly I think day to day life will look almost exactly the same for anyone not obsessed with the daily news cycle. I would argue this is true for any election in recent history.
401k under Trump vs 401k under Biden…
Trump, Trump, and Trump.
Propose all you like, Joe. The billionaires will ask “25 percent of what?” Then they will arrange their finances to minimize the ‘what’
I’m no economic professor, but I’d likely feel less safe voting for a guy who never pays his own bills and has been through several bankruptcies.
Biden, and it's not even close.