Biden's Stimulus- He's Screwing Us Already

[BFritz21]

(02-26-2021, 08:54 PM)Belsnickel Wrote: What about any of this is "natural?" That's a very weird word to use for it. Also, yes, it does drive economies. Money spent by the government increases the GDP. Money spent by consumers increases the GDP. Money given by the government to consumers that is then spent will increase the GDP which is the economic measure. Not the market. The market is not the measure of the economy.

I was speaking about the natural inflation, not the current situation.

The current situation is (will be, if it ends up happening) unnatural because we live in a capitalistic country with a capitalistic economy where you don't just give out money for nothing.

[Belsnickel]

(02-26-2021, 08:57 PM)BFritz21 Wrote: I was speaking about the natural inflation, not the current situation.

The current situation is (will be, if it ends up happening) unnatural because we live in a capitalistic country with a capitalistic economy where you don't just give out money for nothing.

I'm saying there is no such thing as "natural" inflation. Even ignoring the fact that money is bullshit and all that, inflation is entirely due to manipulation of the economy.

Also, I like how you ignored the rest of the post.

[BFritz21]

(02-26-2021, 09:06 PM)Belsnickel Wrote: I'm saying there is no such thing as "natural" inflation. Even ignoring the fact that money is bullshit and all that, inflation is entirely due to manipulation of the economy.

Also, I like how you ignored the rest of the post.

You really needed me to address the rest of the post?

An economy works and thrives because there's a give and take.  Money is just a tangible asset to trade for labor or goods.  People work to get the money to trade for other people's work or goods that they have produced from working.

If you just give people money for nothing, the system suffers because there's no trade.

[Benton]

(02-26-2021, 09:19 PM)BFritz21 Wrote: You really needed me to address the rest of the post?

An economy works and thrives because there's a give and take.  Money is just a tangible asset to trade for labor or goods.  People work to get the money to trade for other people's work or goods that they have produced from working.

If you just give people money for nothing, the system suffers because there's no trade.

It also suffers if you undervalue labor. Which is the point were currently at.

[BmorePat87]

(02-26-2021, 08:49 PM)BFritz21 Wrote: But that's natural inflation.  Just giving out money for nothing isn't natural and doesn't drive economies.

All government spending is set based on current or projected economic conditions, whether good, bad, or just okay. This is what we do in any recession. So, it can't be "natural" and it never is when the government and fed influence it via monetary and fiscal policy. This isn't "just giving out money for nothing". It's targeted spending to address a struggling economy.  

[*Nately120*]

(02-26-2021, 08:49 PM)BFritz21 Wrote: You think I'm the only one that's going to suffer from this or is suffering from this?

Ehh, I'm just watching the wheels.  I do find it interesting that conservatives are fans of saying that the only thing that stands between a man and success in this country is hard work, but then turn around to declare that a democrat being in office means unavoidable suffering.

I guess my advice to you would be to find a manner by which to make a living which isn't so reliant upon a republican being in the white house.  You can't just lose your shirt every 4-8 years.  If you can't do that then you should have made the most of the 4 years of Trump you had to make your fortune to get you through the lean times.  There is some story about an ant and a grashopper that people like to preach regarding that subject. If you fiscal well being is at risk with Biden in office, then I assume you were bankrolling things when Trump was in control? I don't know your specifics, but you sound like to need to shake things up if you foresee financial ruin just around the corner.

And is this just a Biden thing?  How badly did you suffer when Obama was in power?  I'm not rich, but I've also managed to seemingly eek out a life where I'm not quite as beholden to the federal government as you, it seems.

[BFritz21]

(02-26-2021, 09:47 PM)Nately120 Wrote: Ehh, I'm just watching the wheels.  I do find it interesting that conservatives are fans of saying that the only thing that stands between a man and success in this country is hard work, but then turn around to declare that a democrat being in office means unavoidable suffering.

I guess my advice to you would be to find a manner by which to make a living which isn't so reliant upon a republican being in the white house.  You can't just lose your shirt every 4-8 years.  If you can't do that then you should have made the most of the 4 years of Trump you had to make your fortune to get you through the lean times.  There is some story about an ant and a grashopper that people like to preach regarding that subject.  If you fiscal well being is at risk with Biden in office, then I assume you were bankrolling things when Trump was in control?  I don't know your specifics, but you sound like to need to shake things up if you foresee financial ruin just around the corner.  

And is this just a Biden thing?  How badly did you suffer when Obama was in power?  I'm not rich, but I've also managed to seemingly eek out a life where I'm not quite as beholden to the federal government as you, it seems.

More personal attacks.

First off, I can't work anywhere near enough to make any kind of minimum wage just because of my circumstances.  Furthermore, it's not about making a living off being reliant of a Republican being in office but rather not being robbed for the work that you put in.

Second, you're trying to make it into a Republican versus Democrat and rich versus poor thing and avoid the current circumstances, just as I pointed out to someone trying to do the same thing earlier in the thread like I'm too stupid to know it.

I didn't suffer as much when Obama was in control because Obama wasn't delusional, didn't scare as many people with doing things like signing a bunch of executive orders that he was so clueless about that he had to ask other people where to sign, and people weren't as scared about the future as they are with Biden being in office for almost four more years.

[*Nately120*]

(02-26-2021, 11:07 PM)BFritz21 Wrote: More personal attacks.

First off, I can't work anywhere near enough to make any kind of minimum wage just because of my circumstances.  Furthermore, it's not about making a living off being reliant of a Republican being in office but rather not being robbed for the work that you put in.

Second, you're trying to make it into a Republican versus Democrat and rich versus poor thing and avoid the current circumstances, just as I pointed out to someone trying to do the same thing earlier in the thread like I'm too stupid to know it.

I didn't suffer as much when Obama was in control because Obama wasn't delusional, didn't scare as many people with doing things like signing a bunch of executive orders that he was so clueless about that he had to ask other people where to sign, and people weren't as scared about the future as they are with Biden being in office for almost four more years.

I'm not sure what I said that was so personal, but if you plan on airing the details of your personal life on the internet I'd suggest you toughen up a bit.  You are either unable or unwilling to separate your feelings from politics and political discussion.  At any rate, most people aren't scared of Biden because most people haven't bought into the notion that he's a blithering idiot who is on the verge of mental collapse and/or that democrats rob people who work.  You're free to shape your own reality, but you get way too bent out of shape when people don't agree with your specific world view on this stuff.

But by your logic Biden is going to be canceled any day now because he uses his platform as president to say the N-word.  ZING!

[BFritz21]

(02-26-2021, 11:16 PM)Nately120 Wrote: I'm not sure what I said that was so personal, but if you plan on airing the details of your personal life on the internet I'd suggest you toughen up a bit.  You are either unable or unwilling to separate your feelings from politics and political discussion.  At any rate, most people aren't scared of Biden because most people haven't bought into the notion that he's a blithering idiot who is on the verge of mental collapse and/or that democrats rob people who work.  You're free to shape your own reality, but you get way too bent out of shape when people don't agree with your specific world view on this stuff.

But by your logic Biden is going to be canceled any day now because he uses his platform as president to say the N-word.  ZING!

When did I ONCE say he was going to be canceled?  Sounds like yet another attempt at a personal attack with empty rhetoric, which is very ironic considering in the first paragraph you say that you don't use personal attacks.



Second, another personal attack calling me soft when, if you had ANY clue what you were talking about, you'd know that some of the reasons that people love me and look up to me so much is because I'm so tough and don't let things bother me, especially hate.

Going down in flames.

Third, my opinions on Biden are completely objective and I'm worried because I want to see the country thrive because then we all win, including me.  

[Benton]

(02-26-2021, 11:38 PM)BFritz21 Wrote: When did I ONCE say he was going to be canceled?  Sounds like yet another attempt at a personal attack with empty rhetoric, which is very ironic considering in the first paragraph you say that you don't use personal attacks.



Second, another personal attack calling me soft when, if you had ANY clue what you were talking about, you'd know that some of the reasons that people love me and look up to me so much is because I'm so tough and don't let things bother me, especially hate.

Going down in flames.

Third, my opinions on Biden are completely objective and I'm worried because I want to see the country thrive because then we all win, including me.  

To the last, this isn't a Biden thing.

The market was up. Bonds went up because of the belief that the market would stay healthy (as opposed to a brief jump). The market responded with a dip.

I say this with nothing but good intent: if you're looking to survive off the stock market, come up with a plan b. It's going to rise and fall. I know people with more invested than I'll make in my lifetime and on a week's time, they lose gain and lose a year's worth of my salary. If you're ok with that, cool. If not, come up with a plan b.

[*Nately120*]

(02-26-2021, 11:38 PM)BFritz21 Wrote: When did I ONCE say he was going to be canceled?  Sounds like yet another attempt at a personal attack with empty rhetoric, which is very ironic considering in the first paragraph you say that you don't use personal attacks.



Second, another personal attack calling me soft when, if you had ANY clue what you were talking about, you'd know that some of the reasons that people love me and look up to me so much is because I'm so tough and don't let things bother me, especially hate.

Going down in flames.

Third, my opinions on Biden are completely objective and I'm worried because I want to see the country thrive because then we all win, including me.  

Well we have reached an unsurprising impasse then. 

[BFritz21]

(02-26-2021, 11:58 PM)Nately120 Wrote: Well we have reached an unsurprising impasse then. 

Because I called you out on your obvious bs?

[Tiger Teeth]

People pay good money to be entertained like this. These "anti-Biden" threads have more drama than your average soap opera.

[Belsnickel]

(02-26-2021, 09:19 PM)BFritz21 Wrote: You really needed me to address the rest of the post?

An economy works and thrives because there's a give and take.  Money is just a tangible asset to trade for labor or goods.  People work to get the money to trade for other people's work or goods that they have produced from working.

If you just give people money for nothing, the system suffers because there's no trade.

This is still ignoring my points about how the economy is actually measured. But whatever.

(02-26-2021, 11:55 PM)Benton Wrote: I say this with nothing but good intent: if you're looking to survive off the stock market, come up with a plan b. It's going to rise and fall. I know people with more invested than I'll make in my lifetime and on a week's time, they lose gain and lose a year's worth of my salary. If you're ok with that, cool. If not, come up with a plan b.

This. The stock market is legalized gambling. Full stop, you are gambling in the market. The idea of the market is great. Companies can come to it to seek capital so they can invest in growth without accruing debt. Great idea. That's what it was intended for all those years ago. The focus wasn't on the investors and how much they won and lost. Over the years, though, this whole casino model has become the dominant one.

[*Nately120*]

(02-27-2021, 12:35 AM)BFritz21 Wrote: Because I called you out on your obvious bs?

Yep. It's all about you and anyone who disagrees is just being a hater.  The current GOP template, here. 

[BmorePat87]

Brad, multiple people have responded to you with answers that directly reference economic principles and instead of responding you’re engaging in a back and forth with someone over perceived insults and debates over whether or not you said something unrelated in a different thread.

This gives the impression that you don’t actually want to discuss economics. Happy to keep the discussion on topic and free of insults. Just engage with us rather than others.

[fredtoast]

(02-26-2021, 08:49 PM)BFritz21 Wrote: You think I'm the only one that's going to suffer from this or is suffering from this?

Most people who have their earnings tied to the stock market have benefitted by a 4000 point rise since Biden won the election.

So while you may not be alone, you are certainly in the minority.

[masonbengals fan]

Stock market goes up & down.

Anyone (Myself included) depending on it for income should be talking with a professional about an investment strategy

& then stick with it.

[BFritz21]

(02-27-2021, 11:49 AM)masonbengals fan Wrote: Stock market goes up & down.

Anyone (Myself included) depending on it for income should be talking with a professional about an investment strategy

& then stick with it.

There are factors that influence it, like the inflation with this stimulus, that will have negative effects.

I have an amazing investor- one that has won regional awards- but even he can't avoid certain things.

[fredtoast]

(02-27-2021, 12:48 PM)BFritz21 Wrote: I have an amazing investor- one that has won regional awards- but even he can't avoid certain things.

There are lots of things that Presidents can not control either, but historically the stock market does better under Democrat Presidents.

But here is what you are doing.  You are silent when the market goes up under Biden and don't give him any credit, but now you are trying to blame his policy THAT HAS NOT EVEN BEEN PASSED INTO LAW for the most recent drop.  You posted about your losses a few weeks ago trying to blame it all on Biden, but when the market recovered and regained all those losses you refused to post in that thread.

There were two massive stimulus packages passed by the Trump administration and you did not complain about either one of them, but now you atre trying to blame a drop in the market when Biden does the same thing BEFORE IT EVEN BECOMES A LAW.