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It's Official: You are better off now than you were under Trump

Discussion in 'Too Hot for Swamp Gas' started by citygator, Sep 17, 2024.

  1. gator_jo

    gator_jo GC Hall of Fame

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    It could be as terrible as it was under Obama or Biden!

    You do you, sir. Me though? I could never cast a vote for an admitted and adjudicated sexual assaulter and an obvious rapist. You're different I guess.


    By the way, u ever read any of the accounts of his alleged sexual assaults? You should, its vile and insane.

    Here are some paraphrasings of comments I've read :

    "At a business dinner with Trump and my husband, he had his hand under the table and tried to grab my private parts."

    "We were viewing a property and he cornered me in a room and tried to grab my private parts."

    I hope no females you love ever had/have to endure such. That's your guy though, be proud!
     
  2. AgingGator

    AgingGator GC Hall of Fame

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    I don’t recall anyone claiming that the economy is terrible. Many have simply pointed out, accurately, that we are not yet able to claim victory over inflation because we are still a good bit over the target rate.

    This is the period where the Fed must be correct in its actions. Higher rates do bring down inflation but the also restrict growth. Rates that are lowered too much, too soon will re-ignite the upward inflationary pressure. I support the Fed action on this initial rate cut. I don’t think that any further cuts should be considered for about 6 months until we see what the actual impact has been.
     
  3. wingtee

    wingtee GC Hall of Fame

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    Sorry you had to endure that . And I believe you. I stated earlier that I don’t like him. I think he is the best candidate for the job. Harris is nothing but a political puppet as was Biden. I can’t vote for her . The Socialist party does not align with my core beliefs.
    Bill Clinton had serious issues also , more than you even realize but America got through it as we will too
     
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  4. BLING

    BLING GC Hall of Fame

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    The socialist candidate in the U.S. election is promising 50% lower energy costs, and to stop imports (keeping us “free” from competition).

    On a related note, the price of a gallon of gas in Caracas is $.12/gallon.
     
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  5. gator_jo

    gator_jo GC Hall of Fame

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    Haha - I get it. You mean that actually happened to ME!! Good one!!

    Enjoy voting for a rapist!
     
  6. AzCatFan

    AzCatFan GC Hall of Fame

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    Trump was a horrible President. Inflation grew by 36% under his first watch. And that was with COVID, which kept demand and prices low his last year.

    Trump's economic plan would be a disaster and inflation bomb. 10% minimum tariff on all foreign goods? That would certainly effect all those living in Arizona who eat fresh foods, as about 1/2 of our fresh food is imported from places like Mexico, which brings in about 1/3 of fresh produce into the state.

    And domestic foodstuff costs will rise too is Trump gets to enact his mass deportation plan. About half of our food is picked and/or processed by an immigrant. Does anyone honestly think we can replace this labor domestically or quickly using legal means? If not, guess what happens to food prices when supply is dying on the vines?
     
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  7. enviroGator

    enviroGator GC Hall of Fame

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    If she is a "dumazz" what word would you use to describe the man she humiliated on stage just a few days ago?

    The one who thinks he will lower food prices by not allowing us to import food?

    Or who says lowering the interest rate is a sign of terrible economy, and then promises to lower interest rates?

    Or ... well, just about anything that idiot says.
     
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  8. HeyItsMe

    HeyItsMe GC Hall of Fame

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    The fact that Trumpers think Harris, with her resume, is an idiot while their guy who literally says the most off the wall things almost daily, isn’t, is the height of irony and hypocrisy, lol. Trump is one of the dumbest people to ever walk this planet, and I guarantee you a bunch of randos off this message board would run the government better than he did during his time as a president. Trump is and always has been an abject moron. Dude stared directly at the sun during a solid eclipse, what a genius.
     
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  9. dangolegators

    dangolegators GC Hall of Fame

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    No, in this context aging isn't right. We don't define the difference between 2 percentages by calculating another percentage. If mortgage rates rise from 3% to 6% we don't say mortgage rates went up 100%. That would be really really stupid and confusing.
     
  10. enviroGator

    enviroGator GC Hall of Fame

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    Would they say they doubled? Isn't a doubling an increase of 100%?

    Anyway, it seems to be a semantics thing. I are an enginear, not an english major, so I'll tap out on this one.
     
  11. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    Saying they doubled would at least be less confusing. But expressing it as a percentage increase is very confusing when they already are percentages. Here's another example. Inflation went from 1.2% in late 2020 to 9.1% in mid 2022. Do we say inflation increased by 658%? (Thats (9.1-1.2)/1.2)*100).

    Or what if the inflation rate was at 0% and then rose to 2%. You can't even calculate a percentage increase for that. You take the actual increase -- 2%.
     
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  12. StrangeGator

    StrangeGator VIP Member

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    You must not own stock.
     
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  13. enviroGator

    enviroGator GC Hall of Fame

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    Or real estate.
     
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  14. phatGator

    phatGator GC Hall of Fame

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    According to Pew Research, the % of U.S. families owning publicly traded stock, directly or indirectly, by race/ethnicity:

    White 66
    All 58
    Other or multiple races 57
    Black 39
    Hispanic 28

    Similarly, roughly 66% of Americans own their primary residence. So, a large percentage of your fellow Americans were harmed by high inflation but did not benefit from corresponding increases in asset values.
     
  15. mdgator05

    mdgator05 Premium Member

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    But a lot of those people are in the first or second quartile of wages, where you have seen wage gains that have substantially surpassed inflation rates for almost 2 years now. They would have benefitted from that, right?

    Basically, the person hit worst would be the person who had an above average income but no house or no stocks, right?
     
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  16. GatorFanCF

    GatorFanCF Premium Member

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    Why? Who is to say that the author of this article has the right numbers? Stated in the article: “According to my organization’s analysis, ….”
    WHOA…according to HIS organization’s analysis?

    So, the guy writes an Op Ed piece, acknowledges to his credit, that this is HIS analysis, and you believe it to be true and no one can challenge it? Again, in the report it states “Real wages increased 1.3% from August 2023 to August 2024”. Maybe they did but the opinion piece never specifies the definition of inflation.

    It looks good, it smells good, but it’s one guys take and nothing “official “
     
  17. stingbb

    stingbb Premium Member

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    Am I better off than I was four years ago?

    So, I was raised as a middle class kid…
     
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  18. WestCoastGator

    WestCoastGator GC Hall of Fame

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    Wage growth vs inflation U.S. 2024 | Statista

    I gave my employees a 6% cost of living increase in 2023 as 6% was the average rate of inflation that year.
     
  19. wingtee

    wingtee GC Hall of Fame

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    That debate was a chit show and you know it
     
  20. wingtee

    wingtee GC Hall of Fame

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    I’m sure you were there to observe. Or you read it on the internet? SMH