More bad news for Biden: More Americans are blaming him for the state of the economy

Main Street is convinced that a recession will hit the U.S. economy this year

From "Build Back Better" to food shortages, crippling inflation, and brutal energy costs, in a mere 15 months.

Nice work, Brandon, and the Dunce-o-crats !!!

Credit to Grok.


How stocks are doing in 2022

DOW -14.42%


Dow Jones Industrial Average Overview - DJIA - MarketWatch
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Dow Jones Industrial Average ; 5 Day. -1.92% ; 1 Month. -10.55% ; 3 Month. -9.30% ; YTD. -14.36% ; 1 Year. -8.69% ...
 
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Demonkkkrat arguments tend to come down to, as Reagan put it, "know[ing] so much that isn't so".

Well, Reagan thought facts were stupid things. In my case, I try very hard not to say anything that isn't so. Can you identify anything I said that isn't true?

Trump did not fail

Well, that depends what his goal was. For example, if his intent was to explode the deficit, he succeeded. If his attempt was to keep Americans dying in Afghanistan for four years with nothing to show for it, he succeeded there, too. He also succeeded in driving up the unemployment rate and the murder rate. He succeeded in inspiring a mob of criminals to break into our Capitol, loot and vandalize property there, and beat down our police. He succeeded in running up a higher COVID death toll, per capita, than any other major nation. There are a great many successes he can claim, if those indeed were his goals (you never know, when it comes to a guy who was working for Putin).

The truth is precisely the opposite of what you just said here.

What makes you think that?

So skyrocketing gas prices are a "good result"?

In the short term, it certainly means more consumer hardship. In the long term, though, it drives higher efficiency, which means we'll get more GDP per unit of fuel. So, long turn I guess it could be good.

Stagflation is a "good result"?

We don't have that. As a reminder, we're coming off the best year in almost four decades for GDP growth.

Increased violence in Demonkkkrat cities is a "good result"?

No, the Trump murder wave of 2020 was decidedly not a good result. Hopefully we're going to be able to reverse that horrifying trend he left us with before too long.

Let's take a look at the April 2022 employment numbers (Source: BLS) as an example. In that release, it is stated that 428,000 jobs were added in April 2022. Good news, right??!!

Yes.

Wait a minute... Simultaneous to that, the reported number of people employed DROPPED by 363,000

You refer, of course, to the CPS survey, which isn't used for tracking employment levels from month to month, because it's too statistically noisy to be meaningful on that scale. Wingnuts have a tendency to notice the existence of the CPS report only in months when it tells them what they want to hear. Then they promptly lose track of it the second its noisy data is pointing the other way. Like how many wingnuts did you hear talk about the roughly 1.2 MILLION jobs supposedly added in January, according to the CPS report?

The funny thing is that the CPS data actually shows 2022 to be even stronger for job creation than the PAYEMS survey does. While PAYEMS says we've been averaging 519,000 jobs per month this year, which is already incredibly positive, the CPS survey says 533,000! But wingnuts don't cite CPS for the 2022 figure as a whole, since it doesn't tell them what they want to hear. They only look at single months, and only for those single months that happen to be pointing the direction they like. Then they wonder why they're treated like absolute clowns.

How does one reconcile this?

Statistical noise. Duh. While the PAYEMS report surveys 670,000 worksites, many with hundreds or even thousands of workers, the CPS survey only samples about 60,000 individual households and then tries to extrapolate from that. So, while PAYEMS gives you pretty consistent data month to month (e.g., 400k one month, 300k the next, 350k the one after), CPS is practically a random number generator at that scale (e.g., +736k in March, -363k in April).

Of course wingnuts totally get this when a Republican is president. At those times, they wouldn't treat a random bad month for CPS as a material thing. Like in October 2018, the economy supposedly lost 677,000 jobs, according to CPS. Did anyone panic? Did anyone even regard those as real job losses? Of course not. It's just statistical noise from extrapolating a figure from a small sample. Sure enough, the very next month showed +196k. Even right-wingers are smart enough to get this. They just pretend not to in convenient months when Dems are president. That's why we laugh at them. That's all they're good for.
 
I understand that point of view but vehemently disagree with it.

We have no consensus on what Democracy is,
so all factions are claiming to be defending it from their own differing perspectives.

Believing that a divided America is more unified that it is (or ever actually was) is a recipe for certain failure in my opinion.

Democracy is government by popular vote. There is no constitution. There are no representatives. It is an unstable form of government, since it turns into mobocracy and then an oligarchy or dictatorship.
 
Reread what I wrote. Which of the facts, specifically, are you trying to dispute? Did you not know that in 2021 the economy created more jobs than in any year in US history, by a large margin? Did you now know job creation has continued at a well-above-average pace in 2022? Did you not know 2021 had a higher rate of real GDP growth than any year in almost four decades? Did you not know that the FY 2021 deficit was smaller than the FY 2020 deficit? If we can identify which specific facts you're trying to take issue with, we can look at the data and clear up your misconceptions.

Here, I'll get us started. Here's the number of jobs created (in thousands) in every year on record, from most to least:

2021 6743
1946 4269
1978 4261
1977 3962
1941 3930
1984 3877
1994 3851
1942 3811
1983 3459
1997 3406
1950 3339
1988 3237
1999 3176
1972 3159
1987 3152
1998 3047
2014 3004
1965 2901
1966 2877
1996 2823
1993 2819
1973 2763
2015 2720
1940 2632
2005 2525
1985 2502
1955 2474
1976 2431
1968 2348
2016 2318
2013 2301
2018 2292
2012 2176
1995 2155
2017 2114
2006 2100
1959 2089
2011 2074
1964 2060
2004 2036
1979 2001
1969 1993
2019 1968
1989 1938
2000 1937
1986 1900
1952 1852
1967 1701
1951 1453
1963 1333
1971 1317
1947 1202
1992 1167
1962 1156
2007 1143
1961 1130
1956 1124
2010 1034
1943 831
1948 451
1975 365
1990 330
1980 271
2003 116
1981 -48
1958 -299
1954 -372
1974 -379
1960 -432
1970 -449
1953 -463
2002 -510
1957 -545
1991 -838
1944 -886
1949 -1510
2001 -1727
1982 -2124
1945 -2750
2008 -3553
2009 -5051
2020 -9292

As for 2022, we're on pace for 6,222, so it would be the second-most for any year on record, just behind 2021.

Argument from randU. Making up numbers and using them as data is a fallacy, dude.
 
What "magic" did Trump have that kept these "greedy corporations" from price gouging during the entirety of his watch?

Four years of no price gouging, but now all of a sudden once Biden gets installed in there, there's "price gouging through the roof"... Hmmmm, sounds like we need us some of that "Trump magic" again, eh??


Allow leases and pipelines instead of blocking them, run far far away from "6uild 6ack 6etter" energy policy, and remove any and all other restrictive barriers from companies who are currently ready and willing to drill. Gas prices would VERY quickly be cut in half.

The cause of skyrocketing gas prices is the Biden Regime's "6uild 6ack 6etter" energy policies... IOW, the ideological worshipping of what they call "green energy" and the demonizing of what they call "fossil fuels". --- You will notice that every single (what they call "Western") country who is following this same ideological pipe dream, implementing the same horseshit policies, is also experiencing skyrocketing gas prices. --- What are Russia's gas prices right now?? Why aren't they "feeling the pain" along with us? Oh wait, they aren't implementing "green energy" policies... They are instead churning out oil like none other...

Fuck Biden.
Fuck Demonkkkrats.

...and now the stock market is beginning to crash. The Fed is out of options. The current economic depression is going to get worse. If the Fed fails to act, the result will be uncontrolled deflation and a debt crash. If the Fed acts, the result will be massive money printing, more inflation, and a cash crash.
 
There single person who owns your account, Into the Night's and IBDaMann is codenamed Sybil. Get a fucking clue, Sybil.

Sybil doesn't own any accounts here. She exists only in your imagination. There are no socks between these accounts. That only exists in your imagination.
Your hallucinations are getting much worse.
 
Let's not overthink what Democracy is.

Democracy is a very simple rule- Democracy is defined in just 3 simple words- A MAJORITY RULES!

Any skating or dancing around the edges of that rule is said to be anti-democratic!

Not sure how it can be simplified any more clearly than that!

You are correct. Democracy has no constitution and no representatives. It is government by popular vote.
It most often destabilizes into an oligarchy or a dictatorship. Athens dissolved into a dictatorship.

You support oligarchy.
 
Demonkkkrat arguments tend to come down to, as Reagan put it, "know[ing] so much that isn't so".


You aren't taking "the data" as a whole. That's the problem here. I'll describe it for you in a minute.


Projection.


Nah. I will rather be attempting, and succeeding at, a "you are ignoring [this] [this] and [this], thus your conclusion is erroneous" argument.


Trump did not fail. His policies were creating a welcoming environment that led to job growth until Demonkkkrat governor covid tyranny policies created an unwelcoming environment that led to job destruction.


The truth is precisely the opposite of what you just said here.

So skyrocketing gas prices are a "good result"? Skyrocketing energy prices are too? What about skyrocketing food prices? Stagflation is a "good result"? Increased violence in Demonkkkrat cities is a "good result"? Increased homelessness in Demonkkkrat cities is a "good result"??

The Demonkkkrat Party sounds rather destructive to me... That's why I vote for Republicans, specifically preferring and voting in the primaries for the conservatives within the Party.


This is where you "know so much that isn't so" via ignoring other relevant data and events (aka not looking at "the whole picture").

Let's take a look at the April 2022 employment numbers (Source: BLS) as an example. In that release, it is stated that 428,000 jobs were added in April 2022. Good news, right??!! People are getting back to work!! Yay!!!!

Wait a minute... Simultaneous to that, the reported number of people employed DROPPED by 363,000, the labor participation rate DROPPED 0.2% from the prior month, and the unemployment rate remained steady. So, what's happening here?? How does one reconcile this?

--- Job jumping. There are other factors involved, yes, but job jumping is a major one (especially given how high Demflation is right now).

Government creates no jobs (except in government). For Biden to claim he created jobs is ridiculous at best.

Oh...and the stock market is beginning to crash.
 
Why are you so abusive towards this Sybil person?? What has your imaginary friend ever done to you?

He imagines everyone to be a sock too. He keeps calling everyone that disagrees with him a 'sock'.
Maybe this imaginary friend (enemy?) Sybil did it. :D
 
Despite word salads and denials, the American people know out of control inflation when they see it. The polling of Slow Joe refutes the left's "black is really white" mierda that these far left loons are posting.

False narratives don't cut it any longer.

Black is black and the Democrats will learn it in November.
 
Despite word salads and denials, the American people know out of control inflation when they see it. The polling of Slow Joe refutes the left's "black is really white" mierda that these far left loons are posting.

False narratives don't cut it any longer.

Black is black and the Democrats will learn it in November.

Most Americans now think we are headed for a recession in 2022.
 
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