TorontoGold
Mr. Dumb Moron
- Messages
- 7,358
- Reaction score
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1) You're painting a picture as though the whole world is one big commune and every country has the same economic policy and same inflation rates. It's inaccurate, and you're smart enough to know it. Take 15 seconds and pull up inflation rates for every country in the past 2 years. The hard evidence is that our typical 2-3 percent inflation rate jumped to 8 PERCENT the same year Biden passed the $2 trillion "American Rescue Plan."
2) No, you're making this far more complicated than it is. If all Biden voters knew in 2020 what things would be like now, many wouldn't have voted for him. Current polls show us the majority of Americans disapprove of his economic policies.
3) Fiscal conservatives voted for Reagan because of the Carter disaster. Fiscal conservatives voted for Trump because of his economic plans (and because Hillary was a terrible candidate), and things were pretty strong in the US until Covid hit.
1) Alright, take a look and tell me if you still believe that inflation is not a global indicator. The US led the G7 for a longer period than Biden did from 2004 to 2008 with the highest inflation rate of the group. Does this mean that Bush was that much worse than Biden was? Or, do you think there's more to it than stimulus plans in a pandemic. Because I don't think you or anyone else is ready to say that GWB was exponentially worse than Brandon.
G7 Inflation rates 2024| Statista
G7 inflation rates increased sharply in 2022 amid the COVID-19 pandemic and the Russian invasion of Ukraine.
2) Because the average person is a moron. People vote against their best interests all the time. It's like going into rural Mississippi and asking some guy why he votes for lowering government entitlements yet he benefits way more from them than some downtown New Yorker. The average person will always look at it through their own personal situation because of the access to easily digestible media that will affirm their beliefs. If you're seeing your wages increase at a lower rate than the costs of groceries and Mr. TV Man is telling you it's because of stimulus spending from the guy you hate you're going to believe that. A simple example is why you see Joe Commonman fight to pay off his mortgage early at low interest rates while not realizing the opportunity costs of it.
3) Why didn't fiscal conservatives vote for Al Gore? He oversaw a booming economy as VP? Surely they would have been principled enough to want to continue the good times. But they didn't, because there is no such thing as a principled fiscal conservative. Hilariously Trump was worse than Obama at the 36 month mark, remember when we walked through those results? He under performed all other presidents except GW. Trump is a banner winner for the Republican party, but that is only because of how horrible HW GW were. Clinton clowned Reagan in terms of stock market performance, even Obama finished with a higher return than Reagan at the 8 year mark.
Stock Market Performance by President
This interactive chart shows the running percentage gain in the Dow Jones Industrial Average by Presidential term. Each series begins with the closing value of the month of inauguration and runs to the closing value of the last month of the term. The y-axis shows the total percentage increase...


