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The Lib voters have spoken...abortion & saving our Democracy is much more important than the economy.
I wonder if Joe Biden will promise to pay off everyone's credit card balances before the 2024 election?
If the Pubs were smart, they'd jump all over that....but they won't. When will Pubs learn that honesty is for losers?
Quote:
Originally Posted by moneill
So instead of discussing economic factors and how the pandemic impacted the global and national economy -- you choose once again to hurl insults at the liberal voters, people who didn't vote like you.
It means nothing.
Of course credit card debt is going to surge during inflation and with interest rates going up.
But the credit card crisis started years ago. In 2019 we hit a credit card high that was bigger than 2009. Why is that?
And how could that debt be reduced given the eocnomic turmoil that started in March of 2020.....and yes continued with massive supply chain disruptions , severe shortage of oil production nationally and globally and the Ukraine war that furthers impact the cost of goods in Europe.
Trump wasn't reposnsible for the credit card debt in 2019. Because it happened in 2019, doesn't mean he is assigned the blame.
But if we are going to hear how rosy life was , let's look at the facts.
Can you speak to why the debt was the highest it had been since 2008 in 2019.
Speak to the issue not your feelings about the poeople that don't vote the same way as you.
And I do agree with the person who suggested while Republicans were touting inflation as the biggest issue, there was little presented on what the plan was to cut inflation.
All the people with student loans thought Joe was going to pay them off, so they racked up "UGE credit card bills they thought they'd pay off with the free money.
Next, Joe will promise to pay off all their credit cards. I'm betting the Lib voters will fall for that one too.
All the people with student loans thought Joe was going to pay them off, so they racked up "UGE credit card bills they thought they'd pay off with the free money...
But if Biden promised to reduce that posters taxes by 5%, he might just vote for him.
Not everyone votes with their pocketbooks and those that do can’t understand why anyone else wouldn’t.
Is this really news? Everything is costing more these days and what are people to do?
When you think about it, who voted in big numbers for the Dems? I'd say it was the upper Middle class that is not that affected with rising prices, the rich that don't care, the poor folks that are on welfare and the college aged kids that voted to have their student loan debt reduced. That group turned out in greater number than ever before and they are still living in the La La land of college where the real world hasn't hit them yet.
As things get worse I wonder how the Banks will fare as they repossess all those cars that people cannot afford now? Maye the used car market prices will come?
Is this really news? Everything is costing more these days and what are people to do?
When you think about it, who voted in big numbers for the Dems? I'd say it was the upper Middle class that is not that affected with rising prices, the rich that don't care, the poor folks that are on welfare and the college aged kids that voted to have their student loan debt reduced. That group turned out in greater number than ever before and they are still living in the La La land of college where the real world hasn't hit them yet.
As things get worse I wonder how the Banks will fare as they repossess all those cars that people cannot afford now? Maye the used car market prices will come?
The banks will fare just fine.
Don’t cry for me Argentina.
Americans getting desperate, as they fall WAY BEHIND on the watch of Biden and Democrats!
Tough. Keep voting in your own worst interests, leftists, and that is exactly what you will get. The worst. It's just too bad the rest of us are along for the ride and too stupid to "get off the bus" before it crashes and burns.
Not sure why it would. The President has minimal impact on whether a recession happens. Trump couldn't stop the one at the tail end of his Presidency (our last one).
Soft landings are difficult, and to control inflation the Fed will likely need to keep raising interest rates until they match the inflation rate. That's the general benchmark. That will likely trigger a recession. Nothing a President can do will change that.
Not exactly true. Many things that the President (and congress) do affect the economy, and that includes recessions. For example, the President could stop all this nonsense about forgiving student loan debt since that is just throwing fuel on the fire. Besides, it has already accomplished his goal of buying the votes of millions of young and middle-aged people who still owe money on their student loans. Now they're going to be pi$$ed to learn that they have to pay it all back (plus interest) after all. So sad that people have to live up to their word and pay back their just debts.
BTW, Trump's recession wasn't exactly of his own making. You might recall that China gifted us with Covid during Trump's last year in office and Trump foolishly relied on medical "experts" like Dr Fauci for advice.
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