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Biden's Economic policies are a plus
#32
(07-13-2023, 12:17 AM)Luvnit2 Wrote: It is simple Mickey, winners on the economy do not need excuses. I am not sure how many business owners post in this forum, but as a long time business owner, the policy energy policy killed the cost of goods within 6 months. The fuel costs to deliver product sky rocketed. The average person has never run a business and has no idea the impact a POTUS can have on profitability.

Biden has slowed inflation, but the Biden inflation since 2021 is real. A business owner does not look at success of their business if profit was down 11% the prior year, then the next year is only down 3%. The reality is over 2 years, the profit is down 14% and your business is heading in the wrong direction. in Biden's case we have nw the 3rd year of year over year inflation, so the 22.4% inflation with only 14% wage growth means middles class is still down over 8%.

So, people have to sell possessions, use a savings if they have one, stop saving for retirement or pulling money from retirement accounts. The US can't afford to lose 3% on top of the 22% already lost under Biden, we need to get back the lost take home pay for people.

But hey liberals, keep telling the middle class they are wrong, the economy is outstanding under Biden so shut up and be happy.
The 17-22% inflation that was created by Benedict Donald the Traitor Trump by increasing our national debt by $6.8 Trillion or 40% in just 4-yrs.  Trump also manipulated the Fed by not allowing them to increase interest rates.   You still never explained how this Trump record or his economic policies were remotely conservative and did not lead to the inflation Joe Biden inherited.  Biden policies now have this under control.

Anyway, all the bitching and moaning you do is all falling on deaf ears b/c Biden now has the trade unions back on his side with guaranteed job security and he's almost completely fixed the absolute mess Trump left him.  
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RE: Biden's Economic policies are a plus - BIGDADDYFROMCINCINNATI - 07-13-2023, 12:36 AM

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