LOL you're pointing out me pointing out hypocrisy, so yeah, you're the idiot.
The Luster on the Economy is going to Come Off in 2025
- Thread starter What Would Jesus Do?
- Start date
While I agree we were definitely a recession in 22, I am not real sure how you can deny the 2020 recession.
Beyond causing the inflation and a recession biden also spent more money than Trump did.
It becomes a huge issue when you cut taxes at the same time
(and increasing spending at the same time)
And the you turn around and do it yourself. Are you really this dumb you ****ing douche? Seriously, just stfu moron.
OMFG. I did it myself to show how ridiculous it is. I am a douche, I'm not the dumb one here. I am so sorry this is over your head.
Glad to see you realize what douche you are. You will eventually figure out how dumb you are. If not, oh well. Slither away douche.
We should probably just sent Congress home then and let these greatest of innovators just tell us what to do. What could possibly go wrong?
I noticed you want to attack me, but not what I say. Thank you for agreeing it's the truth. I know that must be hard for you.
President Biden more or less canceled NAFTA and the whole idea of keeping the labor in Mexico and building factories there ... or rather allowing/encouraging the building of factories there.
President Biden in his prescience was able to envision a world where we brought the labor to our shores instead.
This may be his legacy; the theft of Mexico's working class and an ever-larger discrepancy in the standard of living between the two nations. Luckily, President Biden has never been one to worry about leaving messes behind.
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Can anyone explain what the government of Mexico thinks of this whole program? The export of workers and drugs to the U.S.? Is the wider population of Mexico on board with this stuff.
Does everyone generally agree that it is time to simply move on, abandoning their Mexican Heritage and reestablishing their family lineage in the U.S?
There does not appear to be a nationwide building boom taking place in Mexico, so the local economy appears to have adjusted to the "missing" customers and instead, is simply downsizing.
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Politatard stepback, it's an unhealthy obsession with you. I worry for your well-being.
BAU for @luvmyhawks
One of the biggest morons on this board. The problem is they value their opinion WAY to f'ing much. Better just to let them think they're right than argue with a moron.
FIFY
Not only are those tax cuts for the rich a major contributor to the deficit and debt, and not only will Rs make things worse by making them permanent, but they will compound that error by trying to cut taxes for the rich and big corporations even more in Trump's second term.
Oh great. Let's argue about the definition of "luster" rather than addressing the looming problems.
Conservatives. SMH.
Whoa, whoa, whoa, we don’t talk about that stuff until after Jan. 20th….
If all of this comes to fruition, will you blast Trump for flip-flopping on all of his campaign rhetoric? He promised all of these. Or, as usual, will MAGA land find an excuse to continue to support him and his lies?
Don't worry, I'm doing great. Minus living with 23% price increases thanks to Joe biden and the dems. That part kinda sucks.
But they've all assured us that none of them watch Fox News!
You do realize Jennings is paid very well to be the Republican advocate on CNN, right?
I doubt he seriously believes half the stuff he says.
I would much rather have one of the best capital allocators of the 21st Century review and oversee our federal budget than the self serving deceptive swamp creatures who swindled their way from $200K salaries to $250M fortunes over 40 year careers while deficit spending our country into oblivion.
PF…just a quick question for ya…who gave him his chance to become a trillionaiire?
Also, running a private business is nothing like running a government. That is one thing a lot of folks just don’t comprehend. Including you…Musk knows it but he believes he is beyond all rules.
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eBay when they bought PayPal for $1.5B in 2002. Musk’s shares were worth $165M.
He then spent that money founding and creating two of the most iconic businesses in American history. SpaceX & Tesla.
When Musk joined up with Martin Eberhard and Marc Tarpenning, they had no money, no product, no employees, no IP, the company was just an idea at that point. Musk funded 99.7% of the first cash raise for the business. Without him, the company would not exist today.
Also there seem to be a lot of rule breakers in the Biden Administration. The grifting and widespread graft is totally out of control. Why doesn’t that seem to bother you at all?
The stock market is going to slow down and correct at some point in the very near future didn't matter who was elected. The Buffet index is higher than 1999 and the dot com pull back.
We will be fair, if this does indeed happen. If Trump is in office, it shall be 100% his fault…. Just as inflation was directly related to Biden and his policies.
Fair is fair…at HROT everyone is FAIR!
Oh look, my little stalking douchebag is back. A complete loser with no value at all.
As an idea sure, not as a business though. That’s why both Eberhard and Tarpenning both agreed publicly Musk was a co-founder. There are five.
Martin Eberhard
Marc Tarpenning
Elon Musk
J.B. Straubel
Ian Wright
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The Buffett Indicator (aka, Buffett Index, or Buffett Ratio) is the ratio of the total United States stock market to GDP.
As of September 30, 2024 the ratio values are:
Total US Stock Market Value = $60.86T
Annualized GDP = $29.24T
Buffett Indicator = $60.86T / $29.24T = 208%
This ratio fluctuates over time since the value of the stock market can be very volatile, but GDP tends to grow much more predictably. The current ratio of 208% is approximately 66.62% (or about 2.2 standard deviations) above the historical trend line, suggesting that the stock market is Strongly Overvalued relative to GDP.Buffett Indicator Shows Stock Market is Strongly Overvalued
The Buffett Indicator is currently 66.62% higher than its historical average, signifying that the stock market is Strongly Overvalued.
www.currentmarketvaluation.com
The Buffett Indicator (aka, Buffett Index, or Buffett Ratio) is the ratio of the total United States stock market to GDP.
As of September 30, 2024 the ratio values are:
Total US Stock Market Value = $60.86T
Annualized GDP = $29.24T
Buffett Indicator = $60.86T / $29.24T = 208%
This ratio fluctuates over time since the value of the stock market can be very volatile, but GDP tends to grow much more predictably. The current ratio of 208% is approximately 66.62% (or about 2.2 standard deviations) above the historical trend line, suggesting that the stock market is Strongly Overvalued relative to GDP.
Buffett Indicator Shows Stock Market is Strongly Overvalued
The Buffett Indicator is currently 66.62% higher than its historical average, signifying that the stock market is Strongly Overvalued.
This graph in your link is quite telling.
The Biden admin certainly isn't perfect but it doesn't seem to stand out. The first Trump admin was worse, and his 2nd term actually advertises out loud that it will be corrupt.
I don't know where the tipping point is - beyond which corruption will be out of control - but my bet is we'll cross that line in a big way under Trump47 and Vance48.
I hope I'm wrong. The world doesn't need a banana republic with 334 million people, the world's most powerful military, thousands of nukes, and a government that can't say no to oligarchs.
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