Americans have lost $4,200 in income under Biden, wiping out Trump gains: Heritage The average household has lost roughly $7,200 of income.

Huey Grey

HR Legend
Jan 15, 2013
49,402
71,760
113
Government spending sprees will eventually do that. It started under Trump but was somewhat balanced by our energy independence. Biden admin took care of that, and while it was probably coming to some degree anyway, I don't think there's any doubt Biden has made it worse.

He doesn't take ownership of damaging the middle class explicitly, but he does have a nonchalant, couldn't care less attitude about the skyrocketing cost of living for the middle class.
Energy independence? Link to that happening under Trump?
 

thewop

HR Legend
Jun 27, 2002
17,690
15,222
113
It started under Reagan. Clinton is the only truly fiscally responsible President we've had in the last 4 decades.
Well yeah, the government in general is a terrible steward of our money. Giving the government more taxpayer money when they misuse what they have now is always a terrible idea.

That's different than what we're seeing now but certainly doesn't help. Today's pain falls mostly on Biden, and shared by Trump.
 

Ree4

HR MVP
Oct 13, 2009
1,736
1,469
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I love that so many folks (ahem abby) somehow forget that there were literal food lines in Texas because of high grocery prices when Biden first took office. Seems like he may have inherited quite a mess, no?
 

AuroraHawk

HR Heisman
Dec 18, 2004
6,317
8,395
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Or maybe its because the wealthy continue to hoard and steal from the rest of us.

I seem to recall that the previous administration's corporate tax cuts (during a strong economy!) would be "rocket fuel." Corporations wouldn't repurchase its own stock and stockpile cash; they'd be investing in human capital and creating new jobs. How'd that play out?
 

Hawgk

HR MVP
Gold Member
Aug 8, 2013
2,185
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I love that so many folks (ahem abby) somehow forget that there were literal food lines in Texas because of high grocery prices when Biden first took office. Seems like he may have inherited quite a mess, no?
Biden told us everything re: inflation was fine and dandy after he took office and was trying to pass enormous spending bills. Then he said it was only temporary. Of course now he “inherited a mess”.

This is almost as golden as the poster who was blaming inflation on “people not wearing masks”.
 

lucas80

HR King
Gold Member
Jan 30, 2008
97,394
127,495
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This thread and Abby's thread on the stock market are evidence that he hasn't been pressed into military service. Yet.
It's amazing that so many of you guys do not recognize his patterns and goals on HROT.
 

Red Runney

All-Conference
Jun 22, 2022
340
330
63
Bettendorf IA
The Leftest agenda is well under way and the intent is to make America on par with Venezuela.

The usual deniers have already fell over themselves to rush to Stuttering Joes defense but at the end of the day reality is hard to overlook.
 

HawkRCID

HR All-American
Nov 7, 2018
4,952
9,578
113
If you’re close to retirement age and heavily exposed to the markets you’re not intelligent and if you’re not close to retirement the markets will go up and down 5-6 times before then
 

notlongago

HR Heisman
Jul 28, 2012
5,182
2,525
113
If you’re close to retirement age and heavily exposed to the markets you’re not intelligent and if you’re not close to retirement the markets will go up and down 5-6 times before then
Even if you are exposed near retirement age, you still have to live through those retired years, so your exposure will turn. In a year's time you're going to be looking at +50% returns again
 
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Hawgk

HR MVP
Gold Member
Aug 8, 2013
2,185
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If you’re close to retirement age and heavily exposed to the markets you’re not intelligent
This one is tough this go around. Bond prices have been beaten down and there really was nowhere to go but down, money markets have eroded the value of cash, stocks are down over the last year, but still up quite a bit over the past few years. Glad I’m not retiring anytime soon.

I find it interesting that the target date funds in my retirement accounts, the same ones that that have grown at about half the rate as the SP500 over the last decade, have taken roughly the same dive as the SP500 over the past year. Never would have expected that.
 

HawkNester

HR MVP
Gold Member
Oct 17, 2001
2,223
4,014
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Bay Area, CA
The Leftest agenda is well under way and the intent is to make America on par with Venezuela.

The usual deniers have already fell over themselves to rush to Stuttering Joes defense but at the end of the day reality is hard to overlook.
I assume you have data that backs this claim.
 

skydog0784

HR All-American
Sep 11, 2013
3,839
4,453
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The Biden administration is a total train wreck.

It all started with whomever is running the country canceling pipelines and onshore and offshore leasing all in the name of a fictitious global climate crisis - which somehow doesn’t pertain to China, Russia, Iran, and other Middle Eastern countries.

There is a red tsunami coming in both 2022 and 2024 culminating in Trump winning for a third time that even the Democratic cheating can’t overcome.

The Democratic socialist agenda is a disaster for the middle class and people are now awake.
 
Oct 25, 2020
5,203
7,918
113
The Biden administration is a total train wreck.

It all started with whomever is running the country canceling pipelines and onshore and offshore leasing all in the name of a fictitious global climate crisis - which somehow doesn’t pertain to China, Russia, Iran, and other Middle Eastern countries.

There is a red tsunami coming in both 2022 and 2024 culminating in Trump winning for a third time that even the Democratic cheating can’t overcome.

The Democratic socialist agenda is a disaster for the middle class and people are now awake.
Wow here is one that escaped the asylum.
 

Chishawk1425

HR Legend
Nov 27, 2019
48,284
82,422
113
The Biden administration is a total train wreck.

It all started with whomever is running the country canceling pipelines and onshore and offshore leasing all in the name of a fictitious global climate crisis - which somehow doesn’t pertain to China, Russia, Iran, and other Middle Eastern countries.

There is a red tsunami coming in both 2022 and 2024 culminating in Trump winning for a third time that even the Democratic cheating can’t overcome.

The Democratic socialist agenda is a disaster for the middle class and people are now awake.
Delete your account and flush your device down the toilet.
 

franklinman

HR All-American
Apr 5, 2011
3,481
3,875
113
The Biden administration is a total train wreck.

It all started with whomever is running the country canceling pipelines and onshore and offshore leasing all in the name of a fictitious global climate crisis - which somehow doesn’t pertain to China, Russia, Iran, and other Middle Eastern countries.

There is a red tsunami coming in both 2022 and 2024 culminating in Trump winning for a third time that even the Democratic cheating can’t overcome.

The Democratic socialist agenda is a disaster for the middle class and people are now awake.
LMAO, Old Filthy Don will go down as a 4 time loser should he run, the ONLY 4 X loser in the history of our great country.
 
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skydog0784

HR All-American
Sep 11, 2013
3,839
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Some very astute and salient arguments from the left wingers on this forum.

With that logic, you should be running the country. You’d do a better job then the dumpster fire 🔥 that is the Biden administration.