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How Bad is The Cost of Living Squeeze In the US?

newtboy says...

Your mantra.
“I can’t deny that Bidenomics has improved every single measure of our economy significantly after the record setting abject disaster of Trumps last year in office and the lingering effects of its apocalyptic mismanagement, but it will get worse someday, so Bidenomics is a failure.”
You can’t point to a single metric of economics that hasn’t significantly improved under Biden. NOT ONE. “It will get worse.” is not related to reality, it’s just your own wishful thinking, hoping for America to fail.

Such idiotic nonsense. Nothing has been worse for the economy than Republican leadership. Every recession in recent history was under Republicans because of republican policies, every economic recovery was under Democrats thanks to democratic policies. The vast majority of inflation was due to Trump spending like a drunken sailor with mommy’s credit card and increasing the debt by 8 trillion and deficit by trillions or tens of trillions more before his policies expire. Biden’s policies, Bidenomics, averted a recession/depression you (and many economists) insisted was coming by 2022 and reversed inflation faster than the most optimistic economist predicted.

Bidenomics has saved American pocketbooks from the results of 4 years of federal financial malfeasance.
Trump ended his term with a negative gdp, huge exploded deficit, rapidly growing debt, worst unemployment in living memory, a historically easy to defraud never repay ppp loan program every Republican congressperson scammed, tens of millions of disabled taxpayers and a million dead taxpayers. Trumpenomics had us on the fast road to unavoidable recession/depression in Jan 2021….Bidenomics avoided it and created a boom. 🤦‍♂️

Republican bickering has already led to our national credit rating being downgraded once, costing the nation billions in increased loan interest alone with nothing gained besides the degradation of our congress and the national union. You would happily have that continue until it bankrupted the nation irreparably then blame Biden.

bobknight33 said:

@newtboy

Better to have Republicans bicker and get nothing done than to have Bidnomics destroy American pocketbooks.

It will get worse.

Palestinian UN Ambassador At UN

newtboy says...

A reasoned and relatively factual position. Congratulations, but….
In my and many expert’s opinions the deadly indiscriminate pressure is exactly what pushes desperate and grieving innocent civilian Palestinians into Hamas’s arms. You would create two terrorists for every one caught with the inhumane treatment of the civilian population…and commit a serious war crime in the process.

Israel should abandon all expansionist settlements from the last 30 years and free the Palestinian citizens from the oppressive genocidal apartheid they’ve forced on the population for decades. That would end the conflict tomorrow, instead Israel has telegraphed its intent to take over Gaza militarily and occupy it again…and America stands by their side, but not all Americans.

If America had spent 10% of what we spend supplying Israel with weapons they use on civilians instead on building infrastructure, schools, hospitals, roads in Gaza, the Palestinians would not rightly see us as racist enemies, and might have the resources and inclination to oust Hamas. But we don’t.

Palestine gets no aid. You can’t withhold something that never existed. The reason Hamas gets any support is they do supply Gaza with food and medicine while Israel and America just embargo entire populations because a terrorist group lives in the country. Think if the world did the same, bombing cities flat and starving America because the Boogaloo Boys live in America.

Hamas is not Palestine, they’re the warlord gang that took over from the intentionally weakened Palestinian parliament and the only group supporting Palestinian civilians (while also using them as shields and cannon fodder).

Hamas fucked around, but Israel is making innocent Palestinian civilians “find out”. That’s a serious war crime that should put every Israeli soldier in prison, and get Netanyahu executed.

bobknight33 said:

Hamas took over the Gaza Strip after a brief civil war back in 2006 / 2007 . Before that Fatah was a major Palestinian political party that began in 1965 as the Palestinian National Liberation Movement. Fatah wanted to negotiate back to the 67 boundaries.

Hamas – Does not recognize Israel, but accepts a Palestinian state on 1967 borders
Fatah – Recognizes Israel, wants to build a state on 1967 borders






Israel should stop advancing and leave it to the Palestine to find and and capture Hamas.
To pressure this no aid to Palestine. Their desperation will weed out Hamas.

bobknight33 (Member Profile)

newtboy says...

And….
Unemployment still 3.8%
MONTHLY inflation is at .5%. Yearly down to 3.7%…better not worse.
GDP at 4.9%! WAY better, not worse.
The fed stopped raising rates before you wrote this two months ago. That’s better, not worse.
Wages- Wages in the United States increased 5.31 percent in September of 2023 over the same month in the previous year. Wage Growth in the United States averaged 6.19 percent from 1960 until 2023, reaching an all time high of 15.28 percent in April of 2021 and a record low of -5.89 percent in April of 2020.
That’s better, not worse.
https://tradingeconomics.com/united-states/wage-growth#:~:text=of%20Economic%20Analysis-,Wages%20in%20the%20United%20States%20increased%205.31%20perce
nt%20in%20September,percent%20in%20April%20of%202020.

Trump spent at more than double the rate Biden has, and lowered federal income by trillions…Biden’s spending is largely infrastructure investments (like roads, bridges, internet, etc) that historically pay off 100 fold in the long term, not handouts to billionaires that take the money offshore never to be seen again, or “walls” that are really useless fences that don’t slow the increasing undocumented immigration one bit. Biden’s spending is better for America, not worse.
Your point?

Keep fooling yourself, the proof is still in the numbers, and Bidenomics has turned the country around from the worst year in living memory in just about every way imaginable, Trump’s nightmarish 2020.

bobknight33 said:

3.8% unemployment will go up.
Inflation is not at 2.1% Going down yes but not at target.
FED still need to destroy jobs.
670K Full-Time Jobs Lost In 2 Months Vs 1 Million Part-Time Surge; Worst Unadjusted August Payrolls Since Great Recession.

Massive Government spending created this.

Keep fooling yourself . Biden economics are hurting Americans and it will get worse.

newtboy (Member Profile)

siftbot says...

Congratulations! Your video, Road Rage Fail, has reached the #1 spot in the current Top 15 New Videos listing. This is a very difficult thing to accomplish but you managed to pull it off. For your contribution you have been awarded 2 Power Points.

This achievement has earned you your "Golden One" Level 430 Badge!

newtboy (Member Profile)

siftbot says...

Your video, Road Rage Fail, has made it into the Top 15 New Videos listing. Congratulations on your achievement. For your contribution you have been awarded 1 Power Point.

I’m so happy this was caught on camera

newtboy says...

My dad had a friend who had a Myna parrot that learned most of its sounds from a road crew working outside his apartment, so it constantly made jackhammer, reverse beep, and diesel engine sounds it’s entire life. Gotta be careful with parrots.

#BREAKINGNEWS: Metal Fork Just On Sidewalk

BSR says...

At least it was on the sidewalk. There's already too many forks in the road.

bobknight33 (Member Profile)

newtboy says...

More Trump officials directly physically involved in Jan 6 convicted.

This time Frederick Klein, a Trump administration official, now convicted of 12 charges for being part of the violent vanguard attacking police to gain access to the capitol building.
Found guilty of, among other violent seditious acts, charges of assaulting, resisting, and impeding police officers. He hit multiple officers, shoved them out of the way, and used a stolen riot shield to block police from closing the doors he and his cohorts had forced open.
This man had top secret security clearance, and remained at his position in the administration after he violently attacked democracy on Jan 6. He was not fired, he quit Jan 19.
😂

How you like Bidenomics now that, contrary to every MAGgot’s prediction including yours who said inflation and unemployment would explode, wages fall, and a recession was a certainty, unemployment remains at record lows, wages are rising from the bottom/middle (not just CEOs), inflation dropped at record rates, and the economy is strong?
While you Cartman-like morons attacked a private citizen for being attractive to women, Dark Brandon has quietly repaired the horrific damage to the economy Trump did (massive deficit and debt explosion, double digit unemployment, and negative GDP!?!) and then some. 😂

Need another 25 high powered Republican child fuckers? I’ve got a truckload ready for you, and I mean an Australian road train size truckload! Just ask.

ant (Member Profile)

siftbot says...

Congratulations! Your video, Swarms of crickets invade an Idaho road., has reached the #1 spot in the current Top 15 New Videos listing. This is a very difficult thing to accomplish but you managed to pull it off. For your contribution you have been awarded 2 Power Points.

This achievement has earned you your "Golden One" Level 170 Badge!

ant (Member Profile)

Man Rips Up His Cash Over Seat Belt Ticket

cloudballoon says...

It's a public safety issue if you speed & crash, and then got flung onto the road.... but that's admittedly extreme.

I myself prefer to take the seatbelt off when I'm reversing.

The guy not only need to wear a seat belt, he needs to be strapped in a padded room...

visionep said:

Those alarms can be disabled. I always disable them on my cars so it doesn't annoy me when I don't want to wear my seatbelt.

Seatbelt laws are very strange to me. I think the law should only be that you can get a ticket if you don't force your children to wear a seatbelt. Forcing adults to wear them does nothing for public safety, it's a personal safety issue which shouldn't be mandated by the government.

I'm surprised the cops didn't refer the guy to mental services. This guy definitely has control issues and it would be worth it for his family to have him checked out and get help if he needed it.

What attracted Sigourney Weaver to the character of Ripley

cloudballoon says...

Furiosa got the advantage because I'd rank Mad Max Fury Road much higher than Æon Flux The Movie. Even though I like Æon more than most critics, that movie's not distinct (dystopian?) enough.

But I'm biased as I saw the original animated series first and it was objectively far superior - very arthouse experimental in its day for an American production. Æon is the movie is just the stock ass-kicking comic heroine in the DC/Marvel vein. Æon in the animated series & the latter comics is something... far more interesting.

newtboy said:

What about Aeon Flux?

RC Rock Crawler Sumo

newtboy says...

I’ve had a few, from the ubiquitous grasshopper to a racing Kyoto 4wd. I remember the old speed controllers not being good at minimum power…a tiny bit of stick and you would hear the controller whine but no movement, a bit more it would shudder a bit but not move, a bit more and it would suddenly jump forward a few inches before I could pull power back to crawl. Tiny precise movement was difficult, at least for me. That was also over 30 years back.
Granted, I was known for only having two throttle positions in my RC driving repertoire…full off (and breaking) or full throttle. My full size off road racing style was similar.
I still think the transition from static to in motion is hard to control at those scales (maybe electronics can overcome that now), and it’s easy to overshoot the needed power, especially in the heat of battle.

cloudballoon said:

I don't remember the model my brothers & I had anymore, as it was like over 3 decades ago, but they were analog Tamiyas. In addition to being analog sticks, there were sliders that I can fine tune acceleration limits on every axis (can control helicopters too). And that was then. Can't imagine entering these competition without these type of advanced controls with if you have a in-it-to-win-it mentality.

bobknight33 (Member Profile)

newtboy says...

ROTFLMFAHS!
The numbers are what they are. Sales down. Prices down. Profits down. Value down. Demand down. Monopoly gone.
Grows at 45%??? Only if you start from the years when it was worth absolutely nothing. Last year they lost over 51% of their value, in the last 18 months they lost even more than 60%, and every metric of future success is looking bad for them today.

A few years ago they had almost 100% of the ev market, with better options just now coming on the market they are already at 50% and are in a market share freefall.

Like I mentioned, Forbes economists all expect further TESLA stock decline, one expects it to reach $25 a share, but you know better. (If profits hold, I say $50 is realistic).

You again pretend you didn’t know that the big 3 spent tens of billions tooling up for ev production lowering their profits while Tesla has drastically slowed expansion (boosting profits) since they can already produce more than twice what they can sell and because their operating capitol has evaporated…and still their profits are shrinking like a shrinkydink in a volcano. 11% buddy. Down to 11% profit margin AND SHRINKING.

Are you saying Tesla stock hasn’t tanked?!? WTF?!? Really, I’ve got to hear this.

Lowered prices why? Because they can’t sell the cars they built. Duh. Also because the large government rebates are ending, making the cars COST more for customers without a price change. You blame covid (which you say isn’t real) but Covid isn’t hurting other manufacturers like Tesla.
I’ve seen plenty of F150 ev’s around…but still no Tesla truck. I see more ev’s on the road from every OTHER manufacturer daily, but the number of Teslas I see has plateaued. I’m in Cali, so I see plenty of ev’s.

Derp. I said clearly I called the TESLA STOCK crash. I told you it was insanely overvalued with a PE near 200. I did not say the stock market would crash, although I did expect a recession late 2020 possibly becoming a depression in 21…Biden’s leadership avoided that. 😂 Your damaged brain can’t stay on topic for two seconds. Jeebus.
The market isn’t tanking, my investments have done well for the last two years…unlike under Trump when I lost money….hand over fist in 2020. But I didn’t put every dime I had in one insanely overpriced inflated bubble stock like you claim you did….of course the economy looks shitty, your stupid investment strategy guaranteed you would lose your shirt.

Truth is, yet again, you can’t follow a short conversation without bending yourself in pretzels and changing subjects. That’s ok, I don’t write these for you. You aren’t capable of comprehension. That’s quite clear.

bobknight33 said:

Clearly you have shit for brains.
Tesla grows at 45%+ YoY
ICE manufacturers have been falling about 7% YoY in growth since late 2017.


You shit for brain takling points:
losing major market share -- ARE you on acid?

FACT they lowered prices 6 times -- thats true. -- Go find why.

FACT that now that they have competition,------ Where in your dreams.Ford GM VW ?? Not even close. by what measure are you using? The bolt is possible but it keeps catching on fire. BYD is the closest.


FACT that I called the crash before it happened -- Lets claim Bull shit. The market is tanking -- Yet to you Biden economy is on fire doing great .. Which is it nutboy?

Truth is, yet again you dont know what you are talking about.

Tesla is Crushing GM & Ford Financially

newtboy says...

Oh snap!!
Tesla employees are claiming that, at least from 2019-2022 they and others routinely accessed and shared private videos from customer car cameras including captured nudes and sex, road rage incidents, speeding through neighborhoods, and footage inside homes and garages including inside Elon Musk’s garage…shared widely between employees for fun.
Of course, Elon/Tesla for years had insisted this COULD never happen and WOULD never happen. Another broken promise from Elon. This one a MASSIVE problem, requiring you to cover your car in a sound proof garage for any privacy.
This sounds like a major privacy issue for Tesla in America especially since the cameras record audio on private property which is usually a crime, and I can’t imagine what China is going to do. They might recall every Tesla in China as a national security risk.



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