ECON America for Biden economic boom ‘unseen in the Obama and Trump eras’ (You saw it here first folks)
- Thread starter Cacheman
- Start date
the government already went on strike against Americans.
They told you to go home. Locked You down. Closed small businesses.
Except Pizza, Pot and Booze
And then classified you as essential or non essential.
you lost the leverage of going on strike with the government struck firstest with the mostest
The Hammer
Has No Life - Lives on TB
Economic boom? And of a kind rarely seen? That's laying it on REALLY thick.
If it happened, it'd be in spite of Biden, not because of him. And he's just as likely to make us remember, in vivid clarity, the days of Jimmy Carter...
If it happened, it'd be in spite of Biden, not because of him. And he's just as likely to make us remember, in vivid clarity, the days of Jimmy Carter...
Raggedyman
Res ipsa loquitur
who comes up with this stupid shit?
Jubilee on Earth
Veteran Member
Well, for one thing, I’m hearing rumblings of things starting to open back up. Chicago is talking about it, there are rumors here in Michigan. Now that the elections are over and polling booths are no longer an issue, the tune has changed. Watch, we’ll be fully open by April or May and Bidet will be praised.
Raggedyman
Res ipsa loquitur
yup - late last week I heard comrade Cuomo say he's been "forced to rethink the hard shut down" - said he realizes "the cure has been worse than the disease" . . . such bullshit . . . and these crooked commie fvks will get a pass on all of it
Craftypatches
Veteran Member
This country cannot exist with the things Biden is already going to do! Probably a good excuse for China to help!
Or four ...
ainitfunny
Saved, to glorify God.
That photo above of M. Obama. Is it my imagination, or does a 5 o’clock shadow appear on the chin and lower cheeks? Must be the lighting, right?
von Koehler
Has No Life - Lives on TB
In six months time the USA will be in the
depths of a Grand Supercycle Depression.
Dow around 15,000.
von Koehler
depths of a Grand Supercycle Depression.
Dow around 15,000.
von Koehler
bdande
Contributing Member
I feel like I am living in the book 1984
Gimpywarrior
Contributing Member
everybody will be equally wealthy in their new socialist utopia except them. They will have it all and we will scramble for their dropping's.
subnet
Boot
Then 15k is to high, hell, it was around 9ish after the 08 debacle
Blacknarwhal
Let's Go Brandon!
Theoretically, he could do it. Remember, roughly the first year or so of any president's economy is the result of the last four to eight years of the last guy. Trump made a lot of inroads, so expecting a positive first year isn't out of line as what's left of Trump hangs in there. Assuming a miracle doesn't happen to keep Trump in place, of course.
Raggedyman
Res ipsa loquitur
By then it will be too late. Most of the blue lockdown states are in the toilet. Throwing money at them won't help because the bottom is falling out so there is no floor to bounce back from.
Too many businesses have closed ... and will remain closed when they realize the corporate tax rate and regulations are going to increase exponentially.
Even with $15 min wage the take home pay will be less. Most of those schlubs don't realize it is going to put them into a higher tax bracket one way or the other. And there will be a ton of lay-offs from that alone.
And those that might have started a business are not going to want to with the hostile environment that is being created.
Not if Biden actually implements everything he has said will be happening in the first weeks of his presidency. Losing the Trump tax relief will be one of the first things to bring the economy to a screeching halt but it won't be the only thing. The "lock down" will crash so many businesses that there won't be a stimulus package big enough to fix it.
Blacknarwhal
Let's Go Brandon!
Depends on if he actually goes full lockdown. Look how many Dems have been talking reopening lately. Sure, maybe they're not all in on the joke, but believing that Cuomo, Whitmer and Lightfoot--for starters--are all out of the loop seems a bridge too far.
I look for Biden to go to mask mandates before anything else, and that's assuming he manages to get in tomorrow.
Since most states already have mask mandates he's going to have to hit a different note or he will look weak. Part of team Biden's problem is that they've made a lot of promises and statements that they either now fulfill or they'll cause an even bigger problem on their side of the aisle and with the people that put them in office.
Gonna be interesting one way or the other, that's for sure.
Blacknarwhal
Let's Go Brandon!
Yes, there absolutely IS a lot of disconnect between what they've already said and what they might do.
Remember, though, the "people that put them in office" is mostly just "fraud." They don't have to make "fraud" happy to get re-elected.
von Koehler
Has No Life - Lives on TB
Dow 15,000 is the expected first wave of five waves in total. Ultimately the Dow will lose about eighty percent of its peak high over the next two years.
Fortunes will be lost-and made.
von Koehler
Night Breeze
Veteran Member
I think the joker in the deck is covid and it's variants. With biden and his science running things the covid is going to eat their lunch. I am sorry that many good people will die because they refuse the vaccine but at least their going will be quick and not slow motion like biden wants. When there is not enough people able to work to even fulfill basic jobs what choice do we have. Go without the service or call on foreign peoples to fill the jobs. Either way suicide for us. At least we have had a good run.
von Koehler
Has No Life - Lives on TB
Actually the virus is working exactly as it was designed to do: kill off the elderly "useless eaters" as the Jude Kissinger once said.
Most of the pandemic victims are in their 80's with pre-existing co-mordity factors. Few people in this group are active workers and remember Gates wants to kill off most of humanity.
Genau
von Koehler
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cleobc
Veteran Member
I think the economy will boom briefly when Biden ends the lockdown. After that, into the toilet.
Raven, I disagree that economies are built on just confidence. Trump ended a great deal of excess regulation. He made better trade deals with countries that had unfair advantage. He talked companies into bringing manufacturing home. Etc., etc. He did real things to make the economy better. That's what the left doesn't get. The left thinks if they say the economy is good, it will be good. Confidence helps, but real things have to happen--or not happen.
The leftwing media during Obama reminded me of the Soviet Union and Pravda: The glorious five-year plan is a resounding success! While people are starving.
Expect more of the same.
Raven, I disagree that economies are built on just confidence. Trump ended a great deal of excess regulation. He made better trade deals with countries that had unfair advantage. He talked companies into bringing manufacturing home. Etc., etc. He did real things to make the economy better. That's what the left doesn't get. The left thinks if they say the economy is good, it will be good. Confidence helps, but real things have to happen--or not happen.
The leftwing media during Obama reminded me of the Soviet Union and Pravda: The glorious five-year plan is a resounding success! While people are starving.
Expect more of the same.
