DawgTalkers.net Forums DawgTalk Palus Politicus The economy again…

They aren’t nearly triple of what they were in 2022. That’s what you said. That’s not true.

Oh snap! I wonder how he will twist that one?

Fate… moving the goal post? First, rates are so high because of Trumps rampant inflation Biden had to deal with. The FED, which no POTUS controls, raised those rates. But now it’s Biden’s fault? Smh.

And the high cost of housing is all due to unbridled capitalism. Greedy ass corporations have made mom and pop rental businesses all but extinct. This is what is driving prices so high. I saw a study somewhere late last year that looked at the effect of corporations buying up so many homes and maximizing rents. It basically proved we have a parasitic super class of wealthy people and corps that are causing the entire housing crisis. They are milking the poor for all they can get and it is shameful.

Inflation is terrible and is the main reason low income people are struggling so much.

Then you better talk your pals into sticking with Biden or we will be right back to broke in a few years. Every GOPer POTUS since Reagan has fleeced the middle class and gave everything to the rich and corps. How long did you think that was sustainable?

No, because he is mentally absent. And his policies are terrible for the country.

Have you been listening to trump talk lately? lol

I dont listen to him because he is unprofessional and a terrible speaker. I'm voting for Haley.

Oh please, now your excuses look like weak sauce. Do I need to show you the cognitive abilities of your only other choice? Biden might be slowed down, make some gaffs, and even get a little confused from time to time nut he’s nowhere close to losing it on the scale Trump has. Nicki Haley will tell you that if you don’t want to hear it from me.

They are both too old to hold office, but our country doesnt like the alternatives, unforunately.

Only way Haley makes the general election is if Trump is disqualified. And I think her and Chris Christy should be your ticket after that for a return to normalcy.

Good luck with her still being on the ballot by the time your state has its primary. The trumpians now rule your party.

Iwould never vote for Christy. He only ran so he can bitch and moan. I dont believe in fat shaming but at some point you have to show you have the ability to take care of yourself if you want to run the country.

I think Christy is weak, but he was a decent governor and he did a good job for his constituents. I know he had a scandal but he would make an ok VP, better than MTG or Gym Jordan.

. Writing her in will help Biden. Thanks.

I understand that's what you call someone telling you the truth.


Someone claiming they don't believe in fat shaming right before they start fat shaming.

If you read my earlier posts, you'd see that I both mentioned how Bush received the brunt of the financial crisis, even though it was largely due to things that were started under previous administrations. I also talked about how Biden shared the blame for giving out extra stimulus spending. Largely, I think sheep on both sides carry a double standard because they don't want to believe that their own side can ever do anything wrong.

As a traditional conservative, I agree. If blind fervor and rage could be put aside, I think most people who espouse traditional conservative values would say that they are for "letting the game be played" and throwing flags when they are merited. Keeping things fair.

What modern-day Republicans, cloaking themselves as conservatives, have done is given one team performance enhancing drugs, while refusing to throw any flags on them. We saw it with private equity killing retail legacies, we are seeing it with the housing market, like you mention. We are seeing it with the craft beer industry. It is also rampant in defense, ever since Reagan initiated the "Great Consolidation" which gave way to oligopolies.

I mention him a lot, but a brazen example is Comer during the Transdigm hearings. This company was making exorbitant profits at the hands of the taxpayer. Doing things like buying up a small mom and pop supplier making $5 bolts, and then charging the military $500 for that same part. Basically leveraging our troop readiness for insane profits. When they were brought before the oversight committee, Comer - and some other Republicans - actually went to bat for them. It was sickening.

And that's a part of why it bothers me so much when Republicans target social programs. They'll sit by and not only watch, but endorse billions upon billions of dollars in just pure wasteful military spending to help support these huge military contractors while blaming fiscal ills on social programs. And sadly people refuse to look beyond the end of their collective noses to understand this.

I had a friend that worked at Raytheon over at Wright Pat. His stories were very similar to yours. Between the experience both of you have in the industry, you have only helped confirm my beliefs.

Thanks. Oh yeah, I could corroborate his stories. It has gotten steadily worse over the past decade as well. When it comes to the defense budget, we joke that we are getting less with more.

...Unfortunately, it's not just the defense budget, and the "joke" must be the laugh to keep from crying kind.

Ha, yeah, actually, joking to keep from crying is another thing we often say.

Whoa!’: Trump's Top Economic Adviser Shocks Fox News Host With Biden Economy Admission
Biden "gets his due," said Larry Kudlow. "If I were he, I would be out slinging that hash, too. No problem."

By Lee Moran
Jan 26, 2024, 06:26 AM EST|Updated Jan 26, 2024


Donald Trump’s former White House economic adviser Larry Kudlow on Thursday surprised Fox News’ Sandra Smith with his acknowledgment that the U.S. economy under President Joe Biden isn’t as bad as he’s previously claimed.

“Whoa! That’s a headline,” Smith responded to Kudlow’s admission in an exchange that was shared online by The Daily Beast.

Kudlow, who is now a Fox Business host, said Biden “gets his due” following a Bureau of Economic Analysis report that GDP grew by 3.3% in the fourth quarter of 2023.
Biden has hailed the news, as Kudlow said the president should.

“If I were he, I would be out slinging that hash, too. No problem,” said Kudlow.


https://www.huffpost.com/entry/larry-kudlow-fox-news-biden-admission_n_65b38a37e4b014b873b0d8ae
Only posted the pertinent part of the article - click the link to see the rest

Biden excels in the US economy management. No thanks to GOPers who wish US to go broke.

The problem with Washington is both side for years bundle programs under one name.

Roads bill as an example. Everybody wants better roads and bridges. Most everybody on either side would vote for that. The problem is when either side starts adding various other projects that would have trouble passing if logged as a separate bill.

I think the President as the chief executive should have line item veto power. The veto could be overridden if it could muster a super majority.

At least, even if unpopular, entire bills wouldn't be shut down because added pork was attached.

I do understand that added pork is sometimes necessary to happen in order for local, needed projects to happen. Here locally the Chickamauga lock has been under a widening project for 10-12 years or more. Funding comes a goes. It needs to happen. A lot of shipping came down the Tennessee River but none can get through Chattanooga anymore because the 1930's era lock is crumbling and too narrow.

It keeps getting delayed because the roads and transportation bill keeps getting locked up in Congress. It's sitting as a half finished project.

Sort of like bundling aid to Ukraine and Israel in with border legislation.

It may have been the other way around, but it doen't matter. One issue shouldn't impact the other issue. Those issues need to stand alone.

I don't disagree with you about stand alone bills. But there's no question if it was the other way around or not.....

Cruz, Cornyn join Senate Republicans in demanding border overhaul for Ukraine aid

Texas Republicans refuse to back continued aid to Ukraine, Israel and Taiwan without a major hardening of border security policy.

https://www.texastribune.org/2023/12/06/ted-cruz-john-cornyn-texas-ukraine-israel-border/

Senate Republicans block aid for Israel and Ukraine, demand border policy changes

https://www.timesofisrael.com/us-se...nd-ukraine-demand-border-policy-changes/

Maybe we all need a software update on how modern economics function, and I’m including myself.

Bro, I get older and think I understand things more. For the most part that's true. Economics? We go from point A to point C, I'm still staring at point B thinking "what the hell just happened". Meanwhile, an 'expert' is patting me on the head with an explanation that makes no sense whatsoever.

What "expert" wold that be?

I get it. Your first post read .

Now you are saying bundling bordering border legislation in with Ukraine aide.

Maybe I was getting picky, but the details are in the wording.

None the less, we agree. I did make it clear that both sides do this.

Both should be stand alone issues.

I was simply using the latest example which is the front page news of the day. I certainly do not dispute that both sides use this strategy if that's the word one could use to describe it.

But no, the details aren't in the wording. It was most certainly the republicans who forced the efforts to fund Ukraine and Israel into the border deal. There's nothing ambiguous about that.

"Expert du jour", insert any name... In other words there's always an expert there to analyze, in hindsight, and even their explanations make little sense. Not picking on anyone specifically and not being political.

I think that it is absolutely insane that the federal excise tax on gasoline has remained at 18 cents sine 1994.

And electric cars pay nothing. There is some movement on correcting that but no one wants it.

We may want better roads and bridges, as long as no one funds it.

Electric cars pay extremely high registration fees since they don’t pay gas taxes. The government will always get their money.

I was going to say that................but, the license plate fees don't make up for the gas tax, either. Check out the tax prices on a gallon of gas next time you fill up.

Nevada has not started this yet but our registrations are already high…about 2% of the value of the car. If you buy a car for $50k, you should expect to pay about a $1k for registration in year 1. It goes down from there as the value of the car decreases but still remains pretty high.

Nevada has no state income taxes, capped property taxes, and no sales tax on groceries. The car registration is one of the tradeoffs. When the EV tax gets adopted I’m not sure we will notice all that much (depending on how large it is).

What is the "upcoming EV tax"?

My understanding is it is an increase in registration costs to offset the lost revenue from gasoline taxes.