Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
And yet we have Democrats on this forum who think Joe Biden is doing an amazing job and would happily vote for him again! I guess they don’t have 401ks...
That's not the only thing they don't have.
Biden's "Survivability Reduction Act" is doing exactly what it was designed to do: finish off the job of crashing this nation.
Stocks fell sharply on Tuesday after a key August inflation report came in hotter than expected, hurting investor optimism for cooling prices and a less aggressive Federal Reserve.
The Dow Jones Industrial Average slid 1,276.37 points, or 3.94%, to close at 31,104.97. The S&P 500 dropped 4.32% to 3,932.69, and the Nasdaq Composite sank 5.16% to end the day at 11,633.57.
More than 490 stocks in the S&P 500 fell, with Facebook-parent Meta skidding 9.4% and chip giant Nvidia shedding 9.5%.
The Dow went up yesterday. Meanwhile there was much 'talk' about how the numbers today weren't going to be good. We knew they were going to be bad....and then there was a drop in the DOW.
So why did inveswtors get all excited yesterday (even knowing that the forecast was bleak) and then doom and gloom the next morning?
And yet we have Democrats on this forum who think Joe Biden is doing an amazing job and would happily vote for him again! I guess they don’t have 401ks and are insulated from the rising price of …everything. Joe Biden is such a disaster.
What should he be doing different?
I have no problem saying Biden is having little impact on inflation. But I'm not sure what the solution is.
The Dow went up yesterday. Meanwhile there was much 'talk' about how the numbers today weren't going to be good. We knew they were going to be bad....and then there was a drop in the DOW.
So why did inveswtors get all excited yesterday (even knowing that the forecast was bleak) and then doom and gloom the next morning?
Can anyone answer me on that?
Dead cat bounces often get people excited and suck them in.
Here’s Biden’s record: moderate wage gains erased by sky high inflation coupled with no growth for a year now. Our standards of living have largely gone down. If you’re a loyal long term employee of a company you’re getting your 3% annual increase and are getting killed right now, we have %12 food inflation, that’s like third world stuff.
The Democrats legacy is a weaponizing institutions against conservatives and being allowed to get away with pretty much anything and never get called out for it because Republicans are complacent and don't stick up for themselves.
The more complacent the Republicans are the more empowered the Democrats are. It becomes a vicious cycle where the weak person continues to be weak while the dominant individual dominates even more over time and the Republicans need to snap out of it.
I heard the news on the stock market today but didn't know about Biden's latest show of idiocy until I got on the Internet just a while ago. At first I was like no, that didn't really happen, surely he didn't do that, but yep, he really did. Then I thought, well of course he did, after all, it's Biden. Yes, our president. President of the United States of America. Thanks again Dems, you really did the country proud on this one.
Lol. Imagine being that tone-deaf/dumb/blind that you throw a "party" for an "Inflation Reduction Act" that will not have any bearing on inflation.........on the same day the inflation numbers come out, and are lousy. Then the Dow is down 1,200 points.
As the saying goes, you cannot fix stupid, but you can 'elect' it president.
So let's see...the markets tank, inflation is still soaring, energy and food prices continue rise, and evil demented Biden throws a garden party.
It's confusing.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Thanks again Dems, you really did the country proud on this one. 
