Summary
President Joe Biden touted his administration’s economic recovery efforts, citing job growth, reduced inflation, and infrastructure investments, as he prepares to hand off a strong economy to Donald Trump.
Biden criticized Trump’s proposed steep tariffs on imports, warning they could harm the economy and reintroduce inflation.
Trump plans tariffs against China, Mexico, and Canada, raising concerns about trade disruptions similar to those seen during his first term.
Economists caution that such policies could quickly reverse recent economic gains and weaken the U.S. economy.
And we have several pandemic vectors on the rise - again. Well, with one major change, we now have a vaccine denialist in charge of core agencies. Prospects look good for the vulture industries.
And one of the new viruses has a fatality rate above 50% in livestock, probably doesn’t bode well for humans.
If there is a god maybe the covid was just a booster virus to get the smart portion of humanity prepped for the real plague, lol.
Lmao, he rebuilt the stock market.
That is not the economy.
You thought inflation was bad. Get ready for Trumpflation.
I guess that’s better then renaming the war economy “Bidenomics”
Grow food if you can now folks shit is about to get bad. Buy flour in mass if you can.
Not flour, unground wheat berries. Cheaper to buy in bulk with a much longer shelf life.
But your hand grain mill will cost 3x as much.
True, if you need a fancy mill it can be expensive. However, if this a survival food you can find a way to grind it with rocks or whatever else you have access to in the event that you need to.
I appreciate the thought of having a food reserve for emergencies, but at the same time if you’re reduced to grinding stored grain with found rocks, I gotta question what people are living for.
I think you underestimate the will to live. You would eat your own children if you were hungry enough
Starving African children literally eat mud
There’s lots of scenarios in which you might find yourself doing something like that for a short while before relative normalcy returns. Even if it doesn’t the desire to live is a pretty strong motivator. Presumably one who cares enough about survival to buy emergency food supplies would want to carry on living, or else why buy them in the first place?
It wasn’t a commentary on the purchase of emergency goods. We have some as well, it’s just a good idea. It was more about being reduced to primitive means of making that food usable. While that could be because of an oversight and failure to purchase appropriate tools ahead of time, my take was that things were so bad that one is forced to such lengths to survive (as in nothing else to eat, no access to tools, etc) things have likely gotten a bit beyond a possible return to normalcy.
That’s a one time cost though.
Cast iron mill gonna run about as much as a bag of grain. you can run it with a cordless drill
Flour doesnt last forever and its a fire hazard, so no.
If the democrats are so sick of getting swapped out maybe they should field some decent candidates.
Unless your idea of a good candidate is George Clooney or Oprah than this isn’t a problem that can be fixed with ‘better candidates’.
Those answers make me unreasonably angry. The absolute stupidity is astounding.
‘Believe in Christ’? How the fuck do people see that?
Those aren’t my idea of good candidates either. My idea of a good candidate would be someone ethical, that wants to improve life for our citizens, that values constitutional values and the rule of law. I am not sure such a person exists in the US that is capable of winning the presidency.
In your picture above, just because a few morons vote for silly reasons doesn’t invalidate the value of having actual good representation.
There’s value in good representation, but it’s just not going to help us win elections so it’s moot.
The most ethical, constitutional, kind of loving candidate in the world is worth jack shit if they can’t win an election.
Sorry, I would not prefer an unethical, unconstitutional, unloving candidate to win. Actually, I think that’s exactly what we did get.
The people in that image voted for Trump. They’re describing Donald Trump.
Your idea of a good candidate is useless when Voters are morons that think Trump is the good candidate.
If voters demonstrated one thing this year, it’s that the decency of the candidate is utterly irrelevant.
It’s not relevant to Republicans, but it got Democrats to stay home.
Staying home was, in effect, a vote for indecency.
There was nothing wrong with Harris except seven million people who voted for Biden weren’t ready for her to become president.
It is more like 250k in 4 states that flipped.
Harris got about seven million less votes then Biden.
In states that didn’t matter. In every swing state but Pennsylvania they had record turnouts. She even beat some of bidens support in those states and still lost. 7 million isn’t the story it is she didn’t really gain 250k votes in 4 key states and lost.
There was nothing wrong with Harris except seven million people who voted for Biden weren’t ready for her to become president.
I didn’t enjoy what she did as district attorney. I would also argue if she was not electable in 2024, then she doesn’t meet the bar of a “good candidate”. Now her viability is irrelevant entirely, unless she plans to run in 2028.
I would also argue if she was not electable in 2024, then she doesn’t meet the bar of a “good candidate”.
I think it is more of a reflection of the voters and non-voters.
Harris, like Hillary, was put forward without the express will of the people - she didn’t win a primary over Biden, because there was no primary elections.
Arguably the “will of the people” was exercised through them supporting the Democratic party. The Democratic party put forth a new candidate in accordance with their own guidelines, which were in place prior to 2024. This was no coup, it was the Democratic party putting forth a candidate as they may. This is not new. They can put forth anyone they wish.
Kamala was put into place by receiving the most votes during a virtual roll call: https://ballotpedia.org/Democratic_delegate_rules%2C_2024
If one supports the Democratic party, surely one would sanction the process by which Kamala became the presidential candidate, as they were acting in accordance of their own party guidelines, which were in place long before this election. If a president would have withdrew prior to Biden, the exact same process would have taken place. A similar action took place in 1972 when VP nominee Thomas Eagleton withdrew. None of this is new.
The “will of the people” was Joe Biden, who won the Democratic primary quite handily. However, the Joe Biden people thought they were voting for wasn’t the Joe Biden we actually had, as there was a very deliberate effort to hide his declining health by the party leadership. Hence the whole reason they had to change candidates, once it became too obvious that Biden wasn’t fit to serve another term as president.
So while the Democratic party still followed their processes and guidelines by ultimately putting forth Kamala Harris as their candidate, it’s not like they had to do it because Biden withdrew due to some freak accident or something like that. You can’t really sanction what they did when the whole thing is rooted in the party leadership deliberately deceiving people.
I think the bigger problem is that she is a non-white woman.
Or what? What are we going to do about it if they field another pro-corporate candidate?
The same thing people did this time – vote Republican or stay home. I think the outcome of the latest election makes it clear how ineffective the democrats are. By a lot of metrics, Donald Trump was not that successful of a presidency, and despite that, the democrats were not able to field anyone that could defeat him.
Nah. Their masters wouldn’t like that.
facts. all their candidates suck. Kamala Harris was an embarrassment and the people who still support her after such a catastrophic failure are the exact reason she lost: echo chamber. out of touch with reality. delusional.
This is a false equivalency. Harris wouldn’t send migrants to concentration camps. She wouldn’t attack our allies. She wouldn’t cut social security and VA benefits. Instead she wanted to help normal people like you and me.
Trump constantly praises dictators such as Putin, Xi Jinping, Kim Jong-Un and has a history of sexually assaulting people.
She said she wanted to help “normal people”… yet she didn’t list a single useful policy prescription. In fact, when asked if she would do anything differently, she said she wouldn’t change anything from what Biden did… despite Biden NOT helping normal people like you and me.
Honestly I liked her. I thought she’d make good decisions on the hot seat. But I think she let her advisors push her to the right, into a milquetoast corporate campaign. And that’s what killed it.
It basically happens every cycle, easy to go back all the way to George Bush Sr -> Clinton ( if not earlier).
But the problem is, the current economic boom is even more K-shaped than any other in recent history; half of the population are struggling worse than before, but their plight is masked by an incredible boom for the other half.
I can’t blame the working class for thinking back to ~2016, and remembering things fondly.
Trump will only make the current situation worse, but I can at least understand how the US ended up in its current predicament.
What is K shape? Like V but added flat? Or just direction where right side of K goes both up and down?
Chart taken from Investopedia’s article on K-shaped Recovery; but the underlying principle is the same: Some parts of the economy are performing so well that it masks the other sectors which are struggling.
i.e. the rich are getting so much wealthier, that when looking at the overall average the number is trending positively and not showing that the rest of society is getting poorer. This is one of the reasons when using aggregate measures, the median value is significantly more valuable than the average.
The rich got richer (top of K) the poor got poorer (bottom of K).
I see it more as speed of descent.
I’m of the opinion this country is sold, and died about half a century ago as a democracy, and this is just leftover momentum. All but waned momemtum.
Our vote isn’t on whether to reorient the economy to reflect the priorities of its citizens, merely how, and if at all, to manage some of the social issue symptoms of our crumbling commons, the ruins of public education, as the owners search for new vectors of exploitation.
I see voting blue as akin to requesting we leave the water pumps turned on for this sinking ship to buy time(D), and voting red a vote turn them off because some passengers have been deluded into hating other passengers and really, really want to watch them drown® despite being in the same boat with them.
The holes are our economic policy, but ask either party about patching them and you’ll get something akin to “What holes? This ship is unsinkable! If you think there’s holes, you’re the problem.”
Dont worry though, there are lifeboats, just enough for the politicians and their donors. Wealth means not having any national allegience.
The poor man really has a stake in the country. The rich man hasn’t; he can go away to New Guinea in a yacht.
GK Chesterton, The Man Who Was Thursday, 1908
Exactly, multinational oligarchs live in their own reality, with their own infrastructure all over the world.
We are a piggy bank to rape for private profit, not their society.
That’s what happens when you let people accumulate society warping levels of capital to begin with. Beyond material desires, that’s what capital is: power. Power to propagandize entire nations with for profit media, power to capture entire state and world governments, power to live above the Commons you destroy.
No one should be allowed to gather more power in a society than their single vote allows. This is why civilized nations have publicly funded campaigns, and trying to buy votes is still a crime. Other people live here. Thre should be a 100% wealth tax somewhere in the high double digit millions where you get a cake and a medal and a senator comes and shakes your hand for all future money going to repair and improve the commons like roads and education and HEALTHCARE that facilitated their rise to such astronomical success to begin with.
Citizens of the Nordic nations, the happiest people’s on Earth, largely have no problem being taxed for success because they’re educated to understand that their success is society’s success, and they live in society so everyone wins. Hard work yields bigger homes and toys, but not sociopaths trying to buy half of Hawaii’s beaches to lock their fellow citizens away from that lived there first away from them for example.
They chose live together, we choose die alone. Most people suffer under die alone. I wish Americans weren’t so successfully propagandized into being hostile towards the very idea of society on the basis of “well you might be rich one day, and you don’t want filthy poor people making you less rich when that happens, do you, you fucking sucker?”
Why does he look like Kim Jong Un in this picture 😂
He’s a fat fuck?
Just a small boy too scared to do anything but try and act tough.
He kind of looks like that sad cat meme
Kim Jong IL more like.
He looks horrible
Trump always looks horrid, it’s just genuinely baffling he can even move. I’d be shocked if he doesn’t die in office on this term.
President Jorkin Dapeanus Vance. Horrifying.
i’m holding a huge cash position, waiting for the inevitable downturn to buy up assets.
deleted by creator
Nope
Womp womp. I’m convinced these idiots think maniacs like trump coming in to raid government coffers is advantageous to themselves some how. I know there might be a criminal network where this is true but not the entire fucking GOP.
It’s insane how the right controls the narrative so hard that some people believe in earnest that they have good economic policy when it really just is, “gubberment don’t work, now gibbme all that money, nom nom nom.”
https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm
This is a chart showing percentage difference over 12 months of CPI for the last 20 years. Biden’s presidency came with less than 1% inflation which only rise to record levels in the first 2 years. It has come down to high 2% and settled at that level.
In the last 12 months everything other than energy prices have rise by 2.4%. A 2-2.4% in prices after having 2 years of near 10% inflation.
You can see how Democrats saying that they have done good for economy and common man seems hollow.
Nov 20 Nov 20 Nov 20
c/dataisugly
You can check the website linked in the comment.
With the years:
Biden’s term started in 2021, CPI peaked in 2022 and fell just as quickly.
Inflation actually peaked in Mid-2021 and fell.
I am not saying Biden or Democrats didn’t do anything,
My point is 1$ thing was 1.1$ at the end of 2022, 1.12$ 2023 and 1.15$ at the end of 2024 when voting happened. The rise in food was much more substantial.
While at the same time, there was no growth in salary and the constant threat of being laid off.
Edit 1: People have a very limited memory and the mere perception that things are bad and wont change. It is understandable if they are uninterested in either outcome.
And we should be thankful because it could have been, and almost certainly will be, much worse under Republican management.
The only way to truly solve these problems is with a supermajority willing to tax the rich and expand benefits and protections to the needy and working class, but the USA voted against that so they won’t get solutions. In fact, the Republicans are primed to write the new Tax Plan when the old one expires in 2026, and their last plan was fucking catastrophic, so sucks to suck for them.
The problem with assertions like this is that they can never be conclusively proven or disproven. Literally every single president (at least during my lifetime) has blamed their predecessor for all of the problems plaguing the country and took credit for everything that improved, while their predecessor claimed credit for laying the groundwork and blamed their predecessor for all the challenges they faced.
The fundamental issue is that the same experiment can never be conducted twice under controlled conditions, because the world doesn’t stop spinning and whatever the other guy did, he did, and we can’t turn back time in order to find out how his opponent’s choices would have played out. Sure, you can always pick and choose some factoids in order to spin a compelling “what if” scenario, but ultimately there’s simply too many variables at play in order to reach a sufficiently solid conclusion.
Say you put a clock on humanity. One depicted by the earth itself, and it’s ability to support our type of lifeform. If one president pushes that clock forward, and another tries to slow it, are they so easily comparable? When people claim they care about kids, what they really should be meaning is the future of humanity… Or else they are really taking away the liberties of those children to be able to grow up and live a life of the same quality as the generations before them.
Now categorize those presidents again as whom has attempted to use the information they had in the capacity they had for changes to benefit future generations.
We continue to debate it… but the clock has not stopped ticking.
The problem with that thought experiment is that different people have different ideas about what “slowing it down” means. One man’s poison is another man’s medicine.
There’s nothing good or bad, but thinking makes it so.
It’s not a thought experiment, it’s reality. Every world leader knows it. The oil companies know it, the coal companies know it, the car companies know it, the overseas shipping companies know it, the agricultural companies know it, the billionaires know it, and they use their money to contort media outlets and information pushed to the population for manipulation. To line their pockets in the thought that either
a. I’ll be dead, the fuck do I care
b. Maybe someone in the future can find a way to undo the deeds I did in time, but not my problem.
It’s life in multiple choice my friend, and humanity is straight fucked in their hands
(The choice is the same)
What I’m trying to tell you is that literally each and everyone of them firmly believe(s/d) that what they’re doing is the right thing and absolutely necessary for the future of the country, and that their predecessor was a liar and a crook. They wouldn’t make it halfway to the Oval Office without that conviction. You may disagree, and that’s your God given right, but I’m afraid that’s just how democracy works.
He rebuilt the economy? What the fuck are they on about? Inflation is crazy high, there’e layoffs like every other day, and 60% of the country still lives paycheck to paycheck. Does huffpo think we all have our heads up our asses?
Haven’t you heard that Biden won and then Kamala won as well?
Inflation isn’t high anymore. Price increases are back to normal.
Layoffs in the past year or two have nothing to do with the economy, most companies doing the layoffs are making more profit than ever, except maybe Boeing but that’s clearly not economy related. They just want more money. Had nothing to do with the economy.
Layoffs have everything to do with the economy. If money isn’t going in then it isn’t going out and as money slows down, so does the economy. It doesn’t work without the people.
Inflation is pretty much normal
It was high for a while from supply chain disruption and pandemic spending, but it’s back to near normal. Obviously the accumulation of the last several years suck. The next administration should take note before going overboard with tariffs
I’ve heard people on the Left say that the “president doesn’t control the economy” but then people turn around and say these stupid things like “president rebuilds economy”. Which is it? Either the Fed is an independent body not influenced by politics and the executive office and Obama wasn’t to blame for 2008 or inflation and Biden isn’t to blame for the housing crisis or food prices etc. and therefore Republicans aren’t to blame for any latent economic issues imagine or otherwise; OR Biden has the power to rebuild the economy implying that everything leading up to this has in part been the fault of each respective person in office and therefore when the economy does well under the GOP it is because GOP policies are better. Idiots.
I think the problem you have is you think these two thoughts are coming the same person. It’s like saying “Americans are so hypocritical- one moment you hear someone say gay people have rights and then the next you hear someone say that they shouldn’t- make up your mind!” As if it was one person talking.
The internet isn’t just you talking to one person who is busy creating threads with millions of accounts. There are at least a few dozen people here.
I don’t think the internet is a monolith. I’m trying to point out to leftists the inconsistency of their own narratives. I’m trying to point out that they can’t criticize the president for the economy when half their platform is defending their own incumbents on the basis that the executive branch has limited economic impact.
As we all know, leftists never disagree with eachother.
On an unrelated note, have you seen any good deals on ice picks on Facebook marketplace?
my point isn’t that leftists agree or disagree. my point is that whatever narrative a Leftist accepts exposes them to unpleasant truths. I don’t know how else to be clearer. Either the executive office has direct immediate effects on the economy therefore we should be worried about Trump (but we must also admit that in the past Democratic policies are directly to blame for catastrophes like 2008), or the executive office doesn’t have a direct economic impact therefore Biden is not to blame for the current state of affairs (but we must also admit that the current state of affairs has nothing to do with Trump). Anything else is cherry picking.
Pretty sure leftists fall in the former camp. They’ll gladly throw Democrats under the bus, and to a leftist there is no difference between the DNC and GOP.
Granted, the take that it’s not a binary is much more reasonable than the assumptions you are making at the top.
The American Left and the DNC have, like, a 90% overlap, you do realize that right?
Where in the immense caverns of your colon did you get that number?
People on the left don’t consider the type of rebuilding the liberals do to be very constructive for most people.
It’s not all or nothing, the president absolutely influences the economy, but it’s indirectly enough that those changes come about slowly.
I’m not saying its all or nothing, I’m saying you people cherry pick.
What do you mean “you people”? 🤔
It’s like steering a large ship. Any input to the controls take some time before they actually have any effect. So if you’re suddenly dropped at the helm, you’re pretty much at the mercy of whatever the last guy was doing for the immediate future. But that doesn’t mean you can’t attempt to get the ship back on course either, as whatever you do at some point will have an effect.
On another note, hard to blame Obama for 2008 in any case given he didn’t become president until 2009.
