President Joe Biden - Kamala Harris Administration

#3,351
#3,351
Tastylicks said:
damn straight. We came out in droves to vote for Biden/against trump. It was a rout. Most votes ever
Click to expand...

Biden is nothing but today's hot smelly cat-piss garbage laying out in the sunshine. Doesn't know what he's doing without someone telling him where to go or why he's in the WH....You're an idiot if you voted for this moron....
 
  • Like
Reactions: dovervolz, AM64 and Ttucke11
#3,352
#3,352
McDad said:
What's the difference (if there is any) between increased prices to consumers because of tariffs and increased prices to consumers because of doubling the minimum wage?
Click to expand...

Punitive tariffs make sense if the prices for goods are unreasonably low because of manipulated currency or manipulated labor in countries that aren't free. They make more sense if we are funding a Chinese infrastructure and military that will be used against us. Tariffs also make sense when the Chinese steal our technology and industrial how to. Unfortunately the consumer always pays the tariff - but then the consumer also pays domestic corporate taxes and other government supported practices that caused the loss of US jobs in the first place. If the tariffs reduce imported Chinese junk then they are effective. However, increasing the minimum wage is suicide because it undercuts any gains in forcing effective labor rates to be more competitive. Trump used tariffs punitively; Biden seems to apply them as a fed income stream to offset the revenue "lost" by not "increasing" taxes on people making less than $200K. Dem corporate tax and minimum wage increases effectively undo any punitive measures Trump put in place to offset Chinese corruption of open markets. Dem policies are stupid - pretty much across the board.
 
  • Like
Reactions: VolStrom
#3,353
#3,353
volinbham said:
try again - this includes the drop in March from the pandemic - it's the total change from the day he took office until he left.

wanna bet it doesn't go up at least 55% in Biden's 4 terms?
Click to expand...

Your comment makes me think that you also see the stock market as an entity that deals in perceptions and not realities ... the opportunity to blow bubbles just because of a rumor or so when the reality says nothing got better.
 
#3,355
#3,355
W.TN.Orange Blood said:
Biden is nothing but today's hot smelly cat-piss garbage laying out in the sunshine. Doesn't know what he's doing without someone telling him where to go or why he's in the WH....You're an idiot if you voted for this moron....
Click to expand...
I saw a video of him in a "cabinet" meeting and when they asked the press to leave and they asked a few questions he looked like lost kitten, his eyes dancing around like he didn't know where he was. It's really sad what the democrats were allowed to get away with when they put that tool in the white house.
 
  • Like
Reactions: AM64 and NEO
#3,356
#3,356
GSD82 said:
I do have to admit, I thought the worse this country could ever see was barrack Hussein, I was wrong. The combo of Xi/Rice/Harris is way worse
Click to expand...

Obummer is still the godfather fairy godmother advising the circus, but Rice is probably the real master, and that's not a good thing even if she is probably the most "competent" person in DC. Rice's competency ranks right up there with Stalin - ruthless as Hitler but smarter, too.
 
  • Like
Reactions: StarRaider, GSD82, allvol123 and 1 other person
#3,361
#3,361
AM64 said:
Your comment makes me think that you also see the stock market as an entity that deals in perceptions and not realities ... the opportunity to blow bubbles just because of a rumor or so when the reality says nothing got better.
Click to expand...

It mostly deals in reality, bubbles are corrected pretty quickly and in the end fundamentals of the economy and company performance are the primary movers; particularly for an index like the Dow.

My main point is that if Dow performance is an important metric to measure POTUS crushitude then let's see how the terms compare.

I'd love it if Biden's term was a Dow successful as Trump's was - it would secure my early retirement but I'm highly skeptical we'll see Dow 47K under Biden
 
  • Like
Reactions: AM64
#3,362
#3,362
volinbham said:
It mostly deals in reality, bubbles are corrected pretty quickly and in the end fundamentals of the economy and company performance are the primary movers; particularly for an index like the Dow.

My main point is that if Dow performance is an important metric to measure POTUS crushitude then let's see how the terms compare.

I'd love it if Biden's term was a Dow successful as Trump's was - it would secure my early retirement but I'm highly skeptical we'll see Dow 47K under Biden
Click to expand...

But the Dow Jones has been on a steady increase for 100 years. Does that mean every president is awesome?
 
#3,364
#3,364
volinbham said:
It mostly deals in reality, bubbles are corrected pretty quickly and in the end fundamentals of the economy and company performance are the primary movers; particularly for an index like the Dow.

My main point is that if Dow performance is an important metric to measure POTUS crushitude then let's see how the terms compare.

I'd love it if Biden's term was a Dow successful as Trump's was - it would secure my early retirement but I'm highly skeptical we'll see Dow 47K under Biden
Click to expand...

I'm jaded about the markets in general. For example, in scanning news articles these two headlines popped up:

Oil Prices Fall Further After API Reports Crude Inventory Build

Stuck Suez Canal Boat Raised Oil Prices, Because That's Oil Folks
 
#3,365
#3,365
Tastylicks said:
But the Dow Jones has been on a steady increase for 100 years. Does that mean every president is awesome?
Click to expand...

in case you are being serious - the point was relative performance with the original poster taking a small period of time to show one POTUS was better than another. So if that is a valid metric I'm suggesting they be compared term for term.

and no, the DOW has not gone up 55% every 4 year term of a POTUS.

IOW, take it up with the original poster who seems to believe it shows Joe is crushing it
 
  • Like
Reactions: SpaceCoastVol and StarRaider
#3,366
#3,366
NorthDallas40 said:
How many presidents served over that hundred years? Bit of a non sequitur there...
Click to expand...

I dont think so, he was the one asking if Dow performance is a a good metric for a president, not me. I dont think it is and one of the reasons is because it increases for everyone
 
#3,367
#3,367
Tastylicks said:
I dont think so, he was the one asking if Dow performance is a a good metric for a president, not me. I dont think it is and one of the reasons is because it increases for everyone
Click to expand...

I wasn't saying it is a good metric - another poster suggested it. I was saying if one is to use it they should go apples to apples.
 
#3,369
#3,369
Tastylicks said:
I dont think so, he was the one asking if Dow performance is a a good metric for a president, not me. I dont think it is and one of the reasons is because it increases for everyone
Click to expand...
Who are you and why did you get instant access to the political forum the day you joined?
 
  • Like
Reactions: Rickyvol77
New posts
You must log in or register to reply here.
Advertisement

Back
Top