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Author Topic: Political Economics  (Read 917059 times)

DougMacG

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Political Economics, End of the Obama Biden era
« Reply #2600 on: January 01, 2025, 05:08:16 AM »
Credit card default rate highest sinse, um, Barack Obama.

https://justthenews.com/nation/economy/credit-card-default-rate-us-reaches-highest-level-14-years

Under Trump, the key measure was real wage gains especially for minorities. Credit card default seems to be the key measure for economic life under these folks.

Good riddance. Happy New Year. Everybody seems to know that things will at least gradually get better now, starting inauguration day.
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DougMacG

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Compare to the pre-pandemic job trend line
« Reply #2601 on: January 01, 2025, 05:40:07 AM »
We are 6 million jobs behind the pre-pandemic trend line.

https://www.nationalreview.com/2024/12/how-bidenomics-sank-kamala/

Even with false jobs reports (and false crime data and so on), people knew this economy sucks.
« Last Edit: January 01, 2025, 12:31:39 PM by DougMacG »
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DougMacG

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There's only one Bidenomics question, incompetence or fraud
« Reply #2602 on: January 02, 2025, 03:41:19 PM »
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DougMacG

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The minimum wage in Seattle is zero, not $21
« Reply #2603 on: January 03, 2025, 07:39:19 AM »
You are not required to hire anyone, although it may be against the law to fire them even if you run out of money.

https://pjmedia.com/vodkapundit/2025/01/03/seattle-set-minimum-wage-over-20-and-youll-totally-believe-what-happened-next-n4935623
« Last Edit: January 03, 2025, 01:09:37 PM by Crafty_Dog »
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DougMacG

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A Million Fewer Jobs * Native born Americans
« Reply #2604 on: January 04, 2025, 08:28:43 PM »
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DougMacG

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Continuing the Jimmy Carter discussion from the RIP nm thread
« Reply #2605 on: January 09, 2025, 07:11:44 AM »
What cost $100 to buy when Jimmy Carter took office cost $150 to buy when Jimmy Carter left office.

He took a 6% inflation rate, doubled it, and blamed it on the victims.

In the Hugo Chavez recall election that he went to observe, Chavez was losing 40 to 60, but the official count ended up with Chavez winning 60 to 40. That's a 40 point error, aka cheat, but former President Jimmy Carter advised US Secretary of State Colin Powell and President George W bush to recognize and honor the false result as an honest result. From that we now have Venezuelan gangs here terrorizing our citizens.

Forgive me if I remain silent during the celebration of this public figure's life.

Maybe he was kind to his wife. He was not kind to me or to our country.
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DougMacG

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Re: Political Economics, Inflation
« Reply #2606 on: January 11, 2025, 11:43:49 AM »
"I'm getting stronger with age, I can now lift $100 worth of groceries with one hand."
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DougMacG

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Political Economics, CTUP
« Reply #2607 on: January 13, 2025, 02:00:12 PM »
CTUP = committee to unleash prosperity

Trump already stole Kudlow and Steve Moore from them.

"Unleash Prosperity's Chief Economist Casey Mulligan Tapped To Be Trump's Deregulation Czar

What are we? An Executive Branch job training program?

Another one of our ace senior team has been poached by President Trump. Mulligan will run the Office of Advocacy at the Small Business Administration, where he will assess the costs and benefits of federal rules on small businesses. If they're a net negative - as most are - they can be rescinded."

Sign up if you haven't already.  - Doug
https://committeetounleashprosperity.com/hotline/?utm_source=MailChimp&utm_medium=click
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