Joe Biden Presidency thread Please read OP - Threadbanned Users Added 4/5/21

Quin_Dub · 13-11-2023 11:32AM

https://www.boards.ie/discussion/comment/121361950#Comment_121361950

Because they aren't legit , they are a dark money Right wing pressure group who's sole aim is to split the Democrat vote.

Of the money that can be traced , the vast majority of their funding is coming from the Koch Brothers fund and similar sources.

Overheal · 13-11-2023 05:05PM

https://www.boards.ie/discussion/comment/121361950#Comment_121361950

They don’t want seats they want presidential electors.

the group is very dangerous and what they’re planning could be incredibly damaging to democracy.

Quin_Dub · 13-11-2023 05:31PM

https://www.boards.ie/discussion/comment/121363647#Comment_121363647

Indeed . the hope is that by winning a state or two they could carve off enough Electoral votes to mean that neither main candidate gets to the required 270 thus pushing the decision to the House.

Once it hits there , the rules are as ridiculously undemocratic as you might imagine they would be.

Each State has one vote , and that vote is cast by the majority party in each State - That being the one with the most House seats for that State.

The GOP have that vote in a majority of States (think it's currently 27-23 States) and even if they get blown out in 2024 they probably still will because a big State with lots of seats like California or New York still only get the one vote , the same as a Wyoming or a Montana.

That was what Trump was trying to do in 2020 as well by trying to get a few States considered "contested" so that Biden couldn't hit 270 to force it back to the House but he failed.

If a Stalking Horse candidate did actually manage to grab 15-20 EC votes , they could cause huge issues.

Igotadose · 14-11-2023 08:42AM

Murdoch's Wall St. Journal says the economy, by any measure including inflation, is doing great, and people are miserable due to the general mood of everyone polarized. As always, it's the telling not the facts that matter. (MSN running a wall st. journal article, this is really from the wall st. journal)

https://www.msn.com/en-us/money/markets/the-economy-is-great-why-are-americans-in-such-a-rotten-mood/ar-AA1jcp1p

Podge_irl · 14-11-2023 10:09AM

https://www.boards.ie/discussion/comment/121365718#Comment_121365718

It really is a bizarre phenomenon. Whatever about Republicans considering the economy bad (a defacto position when there is a democrat president), even democrats overwhelming think it's bad. There are people genuinely talking about being in an "unofficial recession" which is utter madness.

There is, however, also little point in just telling voters they are wrong. Even when they are.

Cody montana · 14-11-2023 03:45PM

US inflation falls to 3.2%, lower than expectations.

BruteStock · 14-11-2023 04:31PM

Who better to judge what its like to live in the US than Irish guys on an Irish forum. Try reading the comments on that article , or better yet ask anybody who is living through the most expensive time to be alive in American history. The state of the eccommy among other things is why Biden would lose to Trump if the election was held today , and that is according to CNN.

This has to be a comedy show story. Too much information in this article that defies logic and fact. First of all the manufactured 3.7% inflation let's mention that 6.6% in addition is fuel and food. To suggest that wages are somewhat stagnant doesn't mention actual net income to workers is down 2%. Now using the manufactured GDP how about mentioning that the GOVERNMENT contributed spending to the tune of 32% of the GDP. If Gov is taken out we have a negative GDP with true inflation at about 9.8%.

You can fudge the numbers or ignore the facts but people of all parties are concerned about their personal finances nothing like seen since 40 years ago. Interest rates are tightening pushing small business in the corner and the Feds say they will continue to raise rates to combat inflation. I'm interested how the Gov injecting the massive amount of money in the economy contributing to higher inflation is going to work.

https://twitter.com/JoeyMannarinoUS/status/1721503941299495333?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1721503941299495333%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=

BruteStock · 14-11-2023 04:32PM

Household debt just hit an all-time high of $17.3 trillion. Led by credit card, car loan, and mortgage debt.

That’s up $200 billion — $2 billion per day. And it brings average household debt to $132,500.

The average American debt rose 21% in just 3 years. At that pace if would double in a decade — to $265,000 per family.

People can’t even handle the debt they’ve got, with defaults and delinquincies rising. When it breaks millions of people will lose everything.

https://twitter.com/profstonge/status/1722971751624106259?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1722979750715806168%7Ctwgr%5E%7Ctwcon%5Es3_&ref_url=

ancapailldorcha · 14-11-2023 04:34PM

https://www.boards.ie/discussion/comment/121367774#Comment_121367774

Comments on some article mean absolutely nothing. Same as the videos of cranks you keep posting.

Quin_Dub · 14-11-2023 04:40PM

https://www.boards.ie/discussion/comment/121367778#Comment_121367778

Care to show me where the previous administration helped?

If anything the growth has flattened this year.

Don't get me wrong , increasing Household debt is a bad thing , but the suggestion that "it was better" before is just nonsense.

Also , the bulk of the recent growth comes from new Mortgages , which isn't necessarily a terrible thing to have debt for.

The faster-than-usual increase in consumer debt over the past three years was mainly driven by a record volume of mortgage originations, as many households took advantage of historically low rates to refinance their mortgage and even take out some cash in the process. According to the New York Fed, 14 million mortgages were refinanced during the pandemic refinancing boom, during which home owners extracted $430 billion through cash-out refinances. As a result, mortgages accounted for 82 percent of the increase in total consumer debt since Q4 2019, followed by auto loans and credit card debt, which accounted for 8 and 5 percent of the $3.1-trillion increase, respectively.

Other than the period of 2008-2012 during the recession is has been growing at a steady clip for as far back as you can see in the metrics..

AbusesToilets · 14-11-2023 04:53PM

https://www.boards.ie/discussion/comment/121365850#Comment_121365850

It's not bizarre, it's very simple. The economy doing well doesn't equal the people on the street doing well. Inflation is brutal at the moment, people's day to day living is not trending upwards. Added to the constant anxiety over housing, and other generalized existential fears, who would be feeling optimistic? Interest rates for mortgages around 7%. On an average home, price ~300k, that's pushing $1 million in interest owed over the life of 30yr loan. Absolute insanity.

Quin_Dub · 14-11-2023 05:14PM

https://www.boards.ie/discussion/comment/121367873#Comment_121367873

That's a fair point - The one possible positive for Biden is that all the projections for next year show the Fed lowering rates sharply during the middle of next year which should see lots of people seeing their Mortgage rates dropping significantly in the run up to the Elections.

Overheal · 14-11-2023 05:15PM

https://www.boards.ie/discussion/comment/121367953#Comment_121367953

I started getting spam for preapproved home loans. Bubble?

AbusesToilets · 14-11-2023 05:16PM

https://www.boards.ie/discussion/comment/121367953#Comment_121367953

Certainly hope so, genuinely feels very despondent talking with friends about the chance for buying a house

ceadaoin. · 14-11-2023 05:22PM

https://www.boards.ie/discussion/comment/121365850#Comment_121365850

It's not bizarre if you are a person who lives in the US. People are pissed because everything is ridiculously expensive, ESPECIALLY the essentials of food, housing, fuel and energy, it's near impossible to buy a home for the average person who isn't already a homeowner, and wages haven't increased in line with inflation. Telling them they are wrong when they are living it everyday is only gonna make them even more pissed. They need to come up with a better tactic than that

everlast75 · 14-11-2023 08:15PM

https://www.boards.ie/discussion/comment/121367873#Comment_121367873

How does that translate to the decision to vote for a failed businessman, who spiked the national deficit and gave tax cuts to the rich?

AbusesToilets · 14-11-2023 09:39PM

https://www.boards.ie/discussion/comment/121368707#Comment_121368707

I'm not a Trump supporter, but at this stage it's a cult. No other word for it.

Podge_irl · 14-11-2023 10:48PM

https://www.boards.ie/discussion/comment/121367873#Comment_121367873

Except by plenty of metrics people on the street are doing well. You may be right about the anxiety and generalized existential fears, but much of them are misplaced. General sentiments can play a huge part in people's attitudes and obviously they are not always based in logic. This is why we get things like bubbles existing as well.

https://www.boards.ie/discussion/comment/121367991#Comment_121367991

I said there is no point telling them they are wrong so I agree, but they are wrong. The Real Disposable Income in the US, which is adjusted for inflation is up from this time last year. Clearly the messaging is not working though.

https://ycharts.com/indicators/us_real_disposable_personal_income_monthly#:~:text=US%20Real%20Disposable%20Personal%20Income%20is%20at%20a%20current%20level,3.50%25%20from%20one%20year%20ago

Obviously things are not perfect and there will be a huge number of people always who are struggling (particularly somewhere like America). However, disposable incomes are up, gas prices are down, joblessness is down and it is very much an employee's market at the moment.

Overheal · 14-11-2023 11:21PM

https://www.boards.ie/discussion/comment/121369037#Comment_121369037

Insurrection movement is another

Never mind that's 2 words

AbusesToilets · 14-11-2023 11:25PM

https://www.boards.ie/discussion/comment/121369336#Comment_121369336

I don't think I'd agree that people's sentiments are misplaced. I take your point that metrics are trending upwards, gas is cheaper here, but food is still expensive. I think that while day to day cost of living has some improvement, that doesn't take away from larger issues in society that folks are rightly concerned with.

We're living in an age where I would argue that there's a concerted effort to push people into situations of permanent financial insecurity. Being priced out of buying a home and into renting forever, in a market that is being manipulated to constantly drive up prices. Levels of household debt are at all time highs iirc, so when you say metrics might be looking good the lived experience can be quite different. What good is a job that doesn't match inflation, where you can't afford healthcare or to pay of student debt?

People more and more are seeing the reality of the economic system we're trapped in, and blanditudes don't cut it anymore.

ceadaoin. · 15-11-2023 12:07AM

https://www.boards.ie/discussion/comment/121369336#Comment_121369336

Its all well and good saying that gas prices are down but when "down" in that context means a bit cheaper than the historic highs of the past year well it doesn't really feel like it for the average person. Gas is still around $4.50 where I am, compared to $2 something a few years ago. Same with groceries. I have noticed that prices are finally dropping a bit but it's still waaaay more expensive than it's ever been to buy food, at least since I've lived here. When the government want to claim this as a win, and worse, gaslight people by claiming there's no issue and everyone is doing great, there's a serious disconnect there for most people.

duploelabs · 15-11-2023 12:15AM

https://www.boards.ie/discussion/comment/121369663#Comment_121369663

Read boards, do you think inflation is only in the USA?

ceadaoin. · 15-11-2023 12:31AM

https://www.boards.ie/discussion/comment/121369692#Comment_121369692

Yeah of course, but this thread is about the US presidential election? Why would US voters care about how much a pack of eggs is at Tesco in tallaght? Like it or not, people tend to blame the current government for stuff like that

scuba8 · 16-11-2023 01:45AM

https://www.boards.ie/discussion/comment/121369663#Comment_121369663

As can be seen Republicans voted against lowering Gas and Oil. They voted against lowering the cost of insulin. They voted against veterans benefits. They also voted against supporting babies. They don’t care about anyone other than their wealthy donors. Is it any wonder costs have not come down as much as they could have. Republicans have been bought and paid for by big oil and big pharmaceutical.

Markus Antonius · 16-11-2023 07:55PM

Bizarre how biased the media are for Biden given he literally never holds himself to account to them. On the rare instances he does, they don't shy away from blatantly speaking on his behalf to save his face. This interaction between Biden and a reporter where he mentioned Xinping being a dictator. His reasoning was completely incoherent but the RTE journalist jumped in to "paraphrase" what he actually meant:

https://www.youtube.com/watch?v=raMJ6haxfaY

It's going to be an interesting year ahead, with no covid to save Biden this time.

Overheal · 17-11-2023 01:11AM

Jesse Watters, hinting that his mother isn't a real person to him, claiming that Biden "does not have real supporters"

https://www.mediaite.com/tv/have-you-spoken-to-your-mother-jessica-tarlov-roasts-jesse-watters-for-claiming-biden-doesnt-have-real-supporters/

She called him on air once this year already to tell him to lay off Biden

https://news.yahoo.com/jesse-watters-mom-called-fox-152916138.html

But that's not support because it's not a T-shirt or a Biden hat.

duploelabs · 25-11-2023 08:51PM

Well fancy that

https://edition.cnn.com/2023/11/16/politics/special-counsel-hur-biden

Manic Moran · 25-11-2023 09:48PM

https://www.boards.ie/discussion/comment/121373858#Comment_121373858

There is always something in the fine print. When 3697 was first proposed, there was fairly universal support for the proposal. However, the mechanism voted upon involved changing the categorisation of about $400bn from discretionary spending to mandatory spending, with knock-on effects on the discretionary budget (and future budgets). That didn't sit well with the Republicans.

These fine details often make/break a proposal. I frequently point out the failed universal background checks law after Sandy Hook. If all it did was mandate background checks, as one of the Republican proposals put forward, it probably would have passed. Unfortunately, it did more than that, so was defeated. The oil gouging bill was similar, in the manner in which significant arbitrary authority was given to the Executive, and the baby formula one gave a massive increase in the funding of the agency which was partially responsible for the shutdown in the first place. I've no idea of the insulin rationale.

Always, always, always read the fine print of a bill, never just rely on the appealing and catchy name on the top of it. To quote Sir Humphrey, "Always dispose of the difficult bit in the title. It does less harm there than in the text."

rossie1977 · 01-12-2023 03:55AM

I was in the US during Q3 and it was obvious the economy was booming with the numbers backing it up now. Never seen airports and planes so full from NYC to Detroit to Chicago to Vegas to California. Even Amtrak train I took from San Diego to LA was standing room only..

https://www.cnbc.com/2023/11/29/us-gdp-grew-at-a-5point2percent-rate-in-the-third-quarter-even-stronger-than-first-indicated.html

Igotadose · 09-12-2023 07:14PM

Since this is an article that impacts the current Congress, although there's serious shades of Trumpism in the story, I've shared it here.

Seems like the special election in February to replace George Santos is turning into a doozy for the Long Island GOP. They've come up with 4 candidates:

One was a registered Democrat
Another a convicted Jan 6 insurrectionist
Another, along with Santos, tried to run a "Polish billionaire who just needs bitcoins" scam on a political donor
And the fourth, an ex-NYPD detective who was sued for evidence suppression in a case and coercing a false confession, oh and had donated to the leading Democratic candidate (the one Santos beat for the seat in 2022)

Just can't make this up. (https://archive.is/VWgbr)

Joe Biden Presidency thread *Please read OP - Threadbanned Users Added 4/5/21*

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Joe Biden Presidency thread Please read OP - Threadbanned Users Added 4/5/21