Summary
President Joe Biden touted his administration’s economic recovery efforts, citing job growth, reduced inflation, and infrastructure investments, as he prepares to hand off a strong economy to Donald Trump.
Biden criticized Trump’s proposed steep tariffs on imports, warning they could harm the economy and reintroduce inflation.
Trump plans tariffs against China, Mexico, and Canada, raising concerns about trade disruptions similar to those seen during his first term.
Economists caution that such policies could quickly reverse recent economic gains and weaken the U.S. economy.
Just do another round of stimulus check and let Donny deal with the bill. 😏
This would be the best way to end the last 20 days, and mass parsons because fuck it whynot
The best way to end it is for Biden to have Trump and friends disappeared to a CIA black site.
That’s a totally legal, and very cool thing to do.
The supremely corrupt court hath made the president into a king with unchecked power to slaughter the entire United States.
more like stabilize. without the second term to actually make some progress this is going to go in the shitter fast.
People really can’t understand the economy turns like the Titanic. Trump fucked it, but we didn’t see the real effects until Biden’s term. We were heading into another Great Depression, and coupled with the effects of Covid, people massively underestimate how well the economy actually did under Biden.
Trump will coast on the Biden administration’s success for a while, and will take the credit. Once he fully fucks everything (and IF there are fair elections in 2028, which doesn’t seem likely), a future democratic administration will be blamed for the effects of trump’s fuckery. Repeat ad infinitum.
That’s how it’s worked for a century, and uninformed voters will always fall for it.
Nah. It takes much more to build than to burn down. This is why bush senior had to do the things that angered his base. Whats been built in the last four years will fall within 2. Even trumps first term it was actually covid which allowed him to get through it. Obama was not able to really get things good in two after bush jr.s two wars and when trump dropped rates and overheated everything the market was due for a big crash but covid ironically created this wierd condition were it bounced back due to the stimulus of the checks and just that generally the haves did not want to fuck around with that shit going. Everything became about keeping things going. Its gonna be a rough few years coming up.
You thought inflation was bad. Get ready for Trumpflation.
I guess that’s better then renaming the war economy “Bidenomics”
Grow food if you can now folks shit is about to get bad. Buy flour in mass if you can.
Not flour, unground wheat berries. Cheaper to buy in bulk with a much longer shelf life.
True, if you need a fancy mill it can be expensive. However, if this a survival food you can find a way to grind it with rocks or whatever else you have access to in the event that you need to.
If the democrats are so sick of getting swapped out maybe they should field some decent candidates.
Unless your idea of a good candidate is George Clooney or Oprah than this isn’t a problem that can be fixed with ‘better candidates’.
Those aren’t my idea of good candidates either. My idea of a good candidate would be someone ethical, that wants to improve life for our citizens, that values constitutional values and the rule of law. I am not sure such a person exists in the US that is capable of winning the presidency.
In your picture above, just because a few morons vote for silly reasons doesn’t invalidate the value of having actual good representation.
There’s value in good representation, but it’s just not going to help us win elections so it’s moot.
The most ethical, constitutional, kind of loving candidate in the world is worth jack shit if they can’t win an election.
If voters demonstrated one thing this year, it’s that the decency of the candidate is utterly irrelevant.
There was nothing wrong with Harris except seven million people who voted for Biden weren’t ready for her to become president.
There was nothing wrong with Harris except seven million people who voted for Biden weren’t ready for her to become president.
I didn’t enjoy what she did as district attorney. I would also argue if she was not electable in 2024, then she doesn’t meet the bar of a “good candidate”. Now her viability is irrelevant entirely, unless she plans to run in 2028.
Harris, like Hillary, was put forward without the express will of the people - she didn’t win a primary over Biden, because there was no primary elections.
Arguably the “will of the people” was exercised through them supporting the Democratic party. The Democratic party put forth a new candidate in accordance with their own guidelines, which were in place prior to 2024. This was no coup, it was the Democratic party putting forth a candidate as they may. This is not new. They can put forth anyone they wish.
Kamala was put into place by receiving the most votes during a virtual roll call: https://ballotpedia.org/Democratic_delegate_rules%2C_2024
If one supports the Democratic party, surely one would sanction the process by which Kamala became the presidential candidate, as they were acting in accordance of their own party guidelines, which were in place long before this election. If a president would have withdrew prior to Biden, the exact same process would have taken place. A similar action took place in 1972 when VP nominee Thomas Eagleton withdrew. None of this is new.
Or what? What are we going to do about it if they field another pro-corporate candidate?
The same thing people did this time – vote Republican or stay home. I think the outcome of the latest election makes it clear how ineffective the democrats are. By a lot of metrics, Donald Trump was not that successful of a presidency, and despite that, the democrats were not able to field anyone that could defeat him.
facts. all their candidates suck. Kamala Harris was an embarrassment and the people who still support her after such a catastrophic failure are the exact reason she lost: echo chamber. out of touch with reality. delusional.
This is a false equivalency. Harris wouldn’t send migrants to concentration camps. She wouldn’t attack our allies. She wouldn’t cut social security and VA benefits. Instead she wanted to help normal people like you and me.
Trump constantly praises dictators such as Putin, Xi Jinping, Kim Jong-Un and has a history of sexually assaulting people.
She said she wanted to help “normal people”… yet she didn’t list a single useful policy prescription. In fact, when asked if she would do anything differently, she said she wouldn’t change anything from what Biden did… despite Biden NOT helping normal people like you and me.
It basically happens every cycle, easy to go back all the way to George Bush Sr -> Clinton ( if not earlier).
But the problem is, the current economic boom is even more K-shaped than any other in recent history; half of the population are struggling worse than before, but their plight is masked by an incredible boom for the other half.
I can’t blame the working class for thinking back to ~2016, and remembering things fondly.
Trump will only make the current situation worse, but I can at least understand how the US ended up in its current predicament.
What is K shape? Like V but added flat? Or just direction where right side of K goes both up and down?
Chart taken from Investopedia’s article on K-shaped Recovery; but the underlying principle is the same: Some parts of the economy are performing so well that it masks the other sectors which are struggling.
i.e. the rich are getting so much wealthier, that when looking at the overall average the number is trending positively and not showing that the rest of society is getting poorer. This is one of the reasons when using aggregate measures, the median value is significantly more valuable than the average.
