How are those 401ks?

My understanding is that social security and Medicare are programs that could be revisited, that’s what I heard the other day.
Solid platform in an election year.
 
You can't handle the truth.
They are unsustainable. Everyone knows it
like buck I'll still get mine
And young folks could get a better system
All you have is selling fear and hating Trump
And a veggie candidate
 
Nope the talking point from now to November is corporate greed. And Putin.
Im just curious, why wouldn't record profits be a cause of inflation? The key word here is "Profit" That means, they aren't just covering their inflated costs, they're upping their prices for the heck of it.
Lol
Google it
If I make 3 percent a gallon and the cost of a gallon goes from 1 to 2 does my profit go up?

Are you like 13 years old? This is why they tell these lies. Morons like buck
He's gotta be too young to have had to actually deal with the fallout of 2008. Early 30's and probably never lived through a real recession. His first should be fun.
 
Well Bob, to keep it simple it started with the stimulus which kicked off the longest period of growth in US history. Conservatives at the time told me you couldn't spend your way out of a recession. He did it.
Trumps best year of job growth in the "awesome" economy that guys gave him was 2.314 million in 2018. Obama beat that in each of his last 3 years. From where Obama started and to where he ended, I think generally could be classified as a success.
thanks. Always fun to hear the rewrites 15 years later.
 
For those of us that lived Obama's economy and didn't just study it after the fact, one of the biggest issues was that the banks borrowed at 0% and just shoved it right into US treasuries at a ~3.5% risk free yield. Capital was deployed almost exclusively to the government to fund Obama's miracle stimulus package that basically returned nothing in reality. Once interest rates spread tightened up to 10 year yields (basically in 2017), banks needed to deploy more in the private sector in order to get a return.

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I woke up one morning a new Chase customer with my WaMu credit line canceled on my house that had a shit ton of equity still
The company had to pay a premium for money. Construction runs on a float. Subcontractors bank for the GC and have to borrow until they get paid
Real world stuff
 
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Inflation is done though.
No one said inflation will ever drop. I said the exact opposite. If you guys are cheering for deflation, i'm sorry but you don't know how the world works and you might be as dumb as EverettChris.

Furthermore, as i've pointed out NUMEROUS times, the FED should have been on this and raising rates after the financial crisis was over, but again, Trump pressured his appointee, Jerome Powell, to not do his job and to drop interest rates when the economy was already running hot. Notice now, he's begging Powell to not drop these rates on someone else's watch. lol.
God you're an asshole. So if you don't like Inflation, you automatically love Deflation. What a dick.
STFU. You're making all the ducks you hate look like geniuses here, asshole.
 
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Inflation is done though.
No one said inflation will ever drop. I said the exact opposite. If you guys are cheering for deflation, i'm sorry but you don't know how the world works and you might be as dumb as EverettChris.

Furthermore, as i've pointed out NUMEROUS times, the FED should have been on this and raising rates after the financial crisis was over, but again, Trump pressured his appointee, Jerome Powell, to not do his job and to drop interest rates when the economy was already running hot. Notice now, he's begging Powell to not drop these rates on someone else's watch. lol.
God you're an asshole. So if you don't like Inflation, you automatically love Deflation. What a dick.
STFU. You're making all the ducks you hate look like geniuses here, asshole.
It’s the same script as if you aren’t for mindlessly pouring billions into Ukraine you are pro Putin. If you aren’t for lockdowns and vaccines for 6 year olds you want to kill grandma.
 
Hey guys just watched Rocky IV. While Rocky battled the commies and eventually knocked out Drago in the 15th round, you guys would have thrown in the towel in round 2.
Thats your version of America!
 
I don’t believe I’ve given any evidence to suggest that it is.
Bop boop wheeeee beep boop Rainman.
So Bob….did the economy collapse or not? Because we were shedding 600,000 jobs a month prior to Obama taking office. What was that number at the end of his term?
I say that number justifies Obama’s actions, you guys just don’t like giving him credit.
 
I don’t believe I’ve given any evidence to suggest that it is.
Bop boop wheeeee beep boop Rainman.
So Bob….did the economy collapse or not? Because we were shedding 600,000 jobs a month prior to Obama taking office. What was that number at the end of his term?
I say that number justifies Obama’s actions, you guys just don’t like giving him credit.
It took him 4 years to get back to even on jobs vs what he inherited. Obama's economy was slow and weak for the reasons I mentioned previously. Yes he didn't crash it though, good job on that I suppose.
 
The economy was still crashing for the first part of his first term. Again, 600,000 jobs per month were being shed. Unemployment reached 10.2. Yes, it takes some time to reverse huge trends like that. Its ok to give some credit every now and then, it won't hurt you!
 
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