• SorosFootSoldier [he/him, they/them]
    ·
    11 months ago

    Year after year administration after administration, things are still measured off how well the billionaires are doing. So we're back to trickle down economics? Oh, we never left.

    • InevitableSwing [none/use name]
      hexagon
      ·
      11 months ago

      I wish I could remember exactly some of what the said. It was something like "The stock market is up and that's important if..." and he said something about retired people. I wanted him to say "portfolio" very badly because it's the sort of joke I would write and put in the mouth of an MSNBC talking head. I almost convinced myself he actually did say it.

      I only watch the news on pirate streams so there's no way for me to go back and check get it verbatim. I'm now convincing myself that he did say portfolio. Well, I'll pretend that he did.

  • Justice@lemmygrad.ml
    ·
    11 months ago

    Gonna be 100% for a second.

    Even if Biden was like whatever the furthest left Americans could hope for. Let's say he passed a $20T infrastructure bill, forgave all student loan debt, implemented heavier taxes on the rich, forced through most SCOTUS who re-overturned abortion so it's legal again, etc. Just imagine everything anyone coped for over the last 4 years now. He did it.

    His insanely bloodthirsty, full throated support for genocide would still make him unacceptable.

    I guess my point is they're trying to sell him to me (or whoever their target is. Probably not me) based "well, the rich are getting richer again! Hey that's cool!" meanwhile the list of shit he has to do is completely unchecked. Honestly if he had immediately told Israel on Oct 8 like "hey what just happened is horrible. But the US and the world is not going to standby and let you bomb Gaza. It won't be happening" my expectations are so dogshit under the floor that might be like "welp... stopped a genocide... guess there's the lesser evil guy." But he's been the biggest cheerleader for genocide and he's still fucking doing it everyday even when clearly even US military adjacent types are pulling their collars like "ehh I dunno Joey. Maybe we should tell them to cut it out?" It's so fucking evil and... hard to put in words how big of a piece of shit he is. There's no lesser evil argument at all. He obliterated that the moment he lied about beheadings on whatever it was the night of Oct 7 or whatever. And it's only gotten worse everyday since.

    • BeamBrain [he/him]
      ·
      11 months ago

      Honestly if he had immediately told Israel on Oct 8 like "hey what just happened is horrible. But the US and the world is not going to standby and let you bomb Gaza. It won't be happening"

      He'd be the best president in US history and it wouldn't even be close.

      • Justice@lemmygrad.ml
        ·
        11 months ago

        True. It's amazing how low the bar is AND every president CAN do it they just choose not to*

        *CIA may blow their head off in Dallas Texas. Mileage may vary

      • Adkml [he/him]
        ·
        edit-2
        11 months ago

        He'd also be the most obviously assassinated president on the 9th when somebody in an Cia windbreaker executes him on national television

        And I'm not talking JFK assassination I'm talking Biden hands bound on his knees on a concrete floor with the agent looking into the camera saying "were the one who decides these things" as he pulls the trigger

  • InevitableSwing [none/use name]
    hexagon
    ·
    edit-2
    11 months ago

    I'm not kidding when I say I had to stop watching. They showed a middle-aged lady's Tiktok vid with a BIDENOMICS chyron at the top and she said "Why am I voting for Biden?!? Unemployment is down to..." and that was more than enough.

    Libs when data benefits their shtick - "Look at the data! The stock market hit record highs!"

    Libs when data doesn't benefit their shtick - "Look, Biden's not perfect but nobody is. His polling numbers aren't the greatest - that is true. The problem is people don't know what he's done and is doing for the United States of America. Plus - do you want Dictator Trump? Hello - you don't! Now - look at this data! The stock market hit record highs!...

    • DamarcusArt@lemmygrad.ml
      ·
      11 months ago

      These are often the people who scream "literally 1984!" about China and other enemies of the US, when they literally do the 1984 "Your chocolate ration has been increased from 50 grams to 45 grams, praise Big Brother Biden for his benevolence."

    • Deadend [he/him]
      ·
      11 months ago

      They just don’t seem to get that a system that allows for and rewards the Trump shenanigans of the past decade or so, is a doomed system.

      • InevitableSwing [none/use name]
        hexagon
        ·
        11 months ago

        From their point of view - Trump is a nearly unstoppable monster that somehow mushroomed up out of the right-wing fever swamps. Trump is their Candyman. They know his evil malevolence will kill them if they say "Trump" five times in front of a mirror.

    • Adkml [he/him]
      ·
      11 months ago

      Yea I'll take bidenomics seriously when it stops excluding the cost of food housing and Healthcare in its analysis.

      BTW just had to renew my health insurance, went up 15% this year.

      Paid them $7200 last year and they lowered the cost of an inhaler from $35 to $32 one time.

      Clearly that wasn't enough profit. And this is in one of the most progressive states in the country with a state run marketplace.

  • SuperZutsuki [they/them]
    ·
    11 months ago

    I don't think I've ever met a single person that gives a shit how the stock market is doing outside of the ruling class. Regular people care a lot more about rent, utilities, food, and transportation costs. The Dems are going to get slaughtered.

    • ashinadash [she/her]
      ·
      11 months ago

      Daily reminder of the Economist's chart that was "Inflation excluding food, vehicle, utilities and rent costs"

    • DragonBallZinn [he/him]
      ·
      11 months ago

      The GOP is the default political party of the US, and its the dems job to poison the well for any alternatives. Dems just come in to soak of the blame whenever anyone's dissatisfied with the business class, but remain completely irrelevant otherwise.

    • Adkml [he/him]
      ·
      11 months ago

      Yea I'd give a shit about the stock market if I could take advantage of my companies 401k match but undourtunatly I have to choose between things like that and "having groceries" and "maintaining my car so i can get to work"

  • DragonBallZinn [he/him]
    ·
    11 months ago

    Sort of off-topic but for anyone else who bought stocks, Should I start selling? When people get greedy get fearful. I ended up buying some stocks since apparently the system just assumes we're all investors so if that's going to be how I get some of my money back from Wall Street, so be it. I don't like it at all but right now it's a matter of survival even if I have to play along with the capitalists for the time being.

    But not even they can have the good times keep going on and on like this, the next crash is right around the corner.

    • thethirdgracchi [he/him, they/them]
      ·
      11 months ago

      If you are buying stocks for "retirement" (who the fuck knows if that'll pan out, eh) then no, don't sell. Just buy a total stock market fund like VT and never think about it until you're retired. If you need the money in the next 5 years, yes sell right now and don't buy stocks; only do that with long time horizons for your money.

  • stigsbandit34z [they/them]
    ·
    edit-2
    11 months ago

    Do these people realize that you have to be financially comfortable enough to make a risky investment before getting anything of actual value from the stock market?

  • Cherufe [he/him]
    ·
    11 months ago

    Line goes up life continues the same for almost everyone