Is Biden really that bad?

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Fogdog

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Joe's administration notched another great quarter for the US economy.


US economy returned to growth last quarter, expanding 2.6%

WASHINGTON (AP) — The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy’s health has emerged as a paramount issue.

Thursday’s better-than-expected estimate from the Commerce Department showed that the nation’s gross domestic product — the broadest gauge of economic output — grew in the third quarter after having shrunk in the first half of 2022. Stronger exports and consumer spending, backed by a healthy job market, helped restore growth to the world’s biggest economy at a time when worries about a possible recession are rising.
 

HGCC

Well-Known Member
View attachment 5218413

Q2 '22 net income of 17B.
So just to toss it out there...again...

What people are calling inflation is just fuckin greed. If companies are making all time high profits, but you are paying them more for the same services....its not some magic shit called inflation. You're getting fucked and the people doing it are pointing everyone's anger elsewhere.

That's kind of the end of it, it's infuriating.
 

rkymtnman

Well-Known Member
So just to toss it out there...again...

What people are calling inflation is just fuckin greed. If companies are making all time high profits, but you are paying them more for the same services....its not some magic shit called inflation. You're getting fucked and the people doing it are pointing everyone's anger elsewhere.

That's kind of the end of it, it's infuriating.
the even funnier part is the magats that claim to be so anti-socialism want the gov't to step in and lower gas prices.
 

Fogdog

Well-Known Member
View attachment 5218413

Q2 '22 net income of 17B.
Where is that? It's $5/gal today in Oregon.

But, yep, more people working + wages rising - oil supply down = higher prices

Reality sucks. Still though, I'd rather have a strong labor market than low gas prices like we had during the pandemic.

I'm not going to say a rising GDP is bad because it will cause higher prices at the pump. Biden is going to take the blame but he can't do anything about it. It's not fair but politics aren't fair.
 

rkymtnman

Well-Known Member
Where is that? It's $5/gal today in Oregon.

But, yep, more people working + wages rising - oil supply down = higher prices

Reality sucks. Still though, I'd rather have a strong labor market than low gas prices like we had during the pandemic.

I'm not going to say a rising GDP is bad because it will cause higher prices at the pump. Biden is going to take the blame but he can't do anything about it. It's not fair but politics aren't fair.
it was just a stock mobil photo i found. probably Cali?

we're down around 3.60 here for unlead and about 5 for diesel
 

doublejj

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HGCC

Well-Known Member
the even funnier part is the magats that claim to be so anti-socialism want the gov't to step in and lower gas prices.
Not at all related...but you're in the state. It's so funny that all the "Heidi" placards I see are on the semis full of rocks that drive around cities going to construction sites.


It's not great advertising when the trucks drive like assholes and spray everyone with gravel since they won't secure their loads.
 

Fogdog

Well-Known Member
it was just a stock mobil photo i found. probably Cali?

we're down around 3.60 here for unlead and about 5 for diesel
I don't buy much gas any more so it's possible that prices took a jump without me noticing. We almost always pay a dollar or two more per gallon than the rest of the country. When I saw that image, I was shocked -- 7/gal almost anywhere in the US would mean 9/gal in Oregon, so I went online and checked.

You got me with that one. :clap:
 

PadawanWarrior

Well-Known Member
That's one of the big problems I have with you guys. You hate anyone with different views. I could care less. I know half of the guys here don't like me just because of my views, but if that's how you are so be it. Unlike you I can still be friends with Democrats even though I think most of you guys have lost your minds.

I don't deny Trump is an asshole, but I liked a lot of his policies and the way our country was headed before this Biden Shit Show. And that little group of losers that talk shit can eat me.
 
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