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Was MSNBC and WaPo correct? See next ...   The Consumer You: Marketplace

Started Oct-20 by WALTER784; 322 views.
WALTER784

Poll Question From WALTER784

Oct-20

Was MSNBC and WaPo correct? See next post for details.
  • Yes1  vote
    14%
  • No6  votes
    85%
In reply toRe: msg 1
WALTER784

From: WALTER784 

Oct-20

Biden's economic record defies misguided Republican predictions

"If he gets in, you will have a depression, the likes of which you've never seen," Trump said about Biden last fall. How's that working out?
 
About two weeks before Election Day 2020, Donald Trump and Joe Biden gathered for the final presidential debate of the cycle, at which the incumbent made a hysterical prediction about his challenger.
 
"If he gets in, you will have a depression, the likes of which you've never seen," the Republican insisted. "Your 401K's will go to hell and it'll be a very, very sad day for this country."
 
The Washington Post revisited the predictions, and found that Biden's record looks pretty good so far.
 
Instead, the rebounding economy is headed for its best year since 1984, according to the International Monetary Fund.... By Trump's preferred metric — the stock market — Biden is outperforming his predecessor at this stage of his presidency. Last summer, the Republican said stock values would "collapse" under Biden. But through Thursday, the Dow Jones industrial average was up nearly 16 percent since Nov. 7, when the Democrat was declared the apparent election winner, compared with a 10.5 percent gain over a similar period following Trump's election.
 
While Biden's defiance of misguided Republican predictions is welcome news for those rooting for an economic recovery, one of the things that came to mind while reading this was the familiarity of the circumstances -- because when it comes to GOP predictions about presidents and economic performances, the party has an uninterrupted track record of failure.
 
Early in Bill Clinton's presidency, Republican linked arms and opposed his economic agenda en masse, predicting its inevitable failure. Instead, the economy boomed over the course of his tenure. (In 1993, a young Ohio congressman named John Kasich proclaimed, in response to Clinton's agenda, "This plan will not work. If it was to work, then I'd have to become a Democrat." Clinton's plan did work; Kasich remained a Republican.)
 
During George W. Bush's presidency, Republicans predicted a pair of tax-cut packages would produce historic economic gains. The opposite happened, and Bush's term ended in the midst of the worst recession in generations.
 
 
FWIW
Showtalk
Host

From: Showtalk 

Oct-20

They never talk about how they manipulate interest rates or inflation or how Republicans always have to reset their bad economic policies which results in some dislocation of the system.  Al I know is that then unemployment rate for minorities plummeted during Trump’s term and those same people quietly supported him during the election. Trump didn’t lose minority voters, he lost white suburban women. The same ones who are now screaming at school board meetings.  They got what they voted for.

WALTER784

From: WALTER784 

Oct-20

Showtalk said...

Trump didn’t lose minority voters, he lost white suburban women. The same ones who are now screaming at school board meetings.  They got what they voted for.

Trump lost due to election fraud... not white suburban women... but on the point about "they got what they voted for"... if that's who they voted for... then yes... they got what they deserve!!!

FWIW

Showtalk
Host

From: Showtalk 

Oct-20

The election was close which made shenanigans and irregularities possible.  If he was running away with it in the key states, he would have had more votes.

WALTER784

From: WALTER784 

Oct-20

Showtalk said...

The election was close which made shenanigans and irregularities possible.  If he was running away with it in the key states, he would have had more votes.

Well... all of the irregularities were in those key states too. And thus if those irregularities hadn't occurred, it wouldn't have even been close!

FWIW

Showtalk
Host

From: Showtalk 

Oct-21

It is suspected they are dragging out Covid fears so they can take over the 2022 elections like they did in 2020. 

WALTER784

From: WALTER784 

Oct-21

Showtalk said...

It is suspected they are dragging out Covid fears so they can take over the 2022 elections like they did in 2020. 

Aha... just more proof that they did steal the 2020 election.

But are they really that stupid?

Wait... I take that back.

Looking over the past 9 months... maybe they are!

FWIW

Showtalk
Host

From: Showtalk 

Oct-22

I forgot who said that. It was some radio guest.

WALTER784

From: WALTER784 

Oct-23

I've read similar on several conservative news media.

FWIW

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