Is Biden really that bad?

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NYCBambu

Well-Known Member
Fogdog said:
I know, you want America to fail so you can have your dictator. It isn't happening. Unemployment is already at a healthy 3.5% and this frees the fed to aggressively reduce inflation. What is also happening is Democrats are addressing the issues that are important to voters, such as:

‘Once-in-a-generation’ prescription drug pricing reform could be coming. Here’s what we know

  • The Democratic reconciliation package that addresses climate and taxes also includes changes that are aimed at paring back health-care costs.
  • That includes letting Medicare negotiate the costs of prescription drugs and limiting price increases on medicines.
  • “It will ensure that drug companies will no longer be able to raise prices faster than the rate of inflation,” one lawmaker said.
As individuals and families grapple with surging prices, there’s one category that has a history of rising faster than inflation: prescription drugs.

Now, the new Senate reconciliation bill put forward by Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.Va., aims to help give Americans relief from those rising health-care costs.

The Senate proposal includes meaningful reforms like allowing Medicare to negotiate prescription drug prices and establishing limits on increases to those prices, according to Tricia Neuman, senior vice president and executive director for the program on Medicare policy at KFF, a non-profit organization focused on national health issues.

It also includes a $2,000 cap on out-of-pocket spending that would provide relief for Medicare beneficiaries who take high-price prescription drugs.

This represents a promise made and a promise kept. A meaningful change in how drug prices are set. It will save the government and those on Medicare huge amounts without cuts in service or quality of service. It's win-win for the people of this country. It's also a great boost up for Democrats who are campaigning in tight races.

Any time during the four years Trump was in office, he could have gotten this done. But he didn't. What he did do was drive the country into both recession and high inflation while cutting taxes for his rich buddies.
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You keep bragging about jobs, but Joe has created, ZERO jobs.
 
BudmanTX

BudmanTX

Well-Known Member
87$ a barrel today, 3.5% unemployment,

how interesting, squirrel doesn't know how to read......

The US economy added 528K jobs in July of 2022, much better than market forecasts of 250K and above an upwardly revised 398K in June. The biggest job gains occurred in leisure and hospitality (96K), particularly in food services and drinking places (74K); professional and business services (89K), including management of companies and enterprises (13K), architectural and engineering services (13K), management and technical consulting services (12K), and scientific research and development services (10K); and health care (70K). Total nonfarm employment has increased by 22.0 million since hitting a trough in April 2020 and has returned to the pre-pandemic level. Private-sector employment is 629K higher than in February 2020, although several sectors have yet to recover. On the other hand, government employment is still 597K lower than its pre-pandemic level. source: U.S. Bureau of Labor Statistics
 
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NYCBambu

Well-Known Member
Fogdog said:
Sour grapes, much?

A healthy 3.5% unemployment rate down from 25% unemployment under Trump.

Fact
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Before covid, Trump brought us the lowest inflation rate in 50 years. 3.5%. Took Biden 2 years just to get the old jobs back and reach the exact same level. Biden is so weak and scared he needs Nancy to stand up to China!
 
Fogdog

Fogdog

Well-Known Member
NYCBambu said:
Before covid, Trump brought us the lowest inflation rate in 50 years. 3.5%. Took Biden 2 years just to get the old jobs back and reach the exact same level. Biden is so weak and scared he needs Nancy to stand up to China!
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sigh, again?

Do I have to repeat myself to you?

All of the factors that led into high inflation were created during Trump's presidency. The economy during first year of every new president's term belongs to the prior administration. So, this is Trump's inflation and it's Biden's job to fix it. He will be held accountable for how well he does. Which he is doing. Quite well. Must I repeat the leading indicators showing inflation may have already been tamed and will start to go down in the next few months?

I get it, you want Biden to fail. Also, your beliefs are baseless and not worth a bucket of warm spit.

Your childish taunt demonstrates how weak your argument is.

unemployment rate stands at 3.5%. 500,000 more people are working today than a month ago. Anybody who wants a job can have one -- more job openings than people to fill them. These are good times for workers. Why you complain so much? Makes me wonder if you fall into that category.
 
Budley Doright

Budley Doright

Well-Known Member
Fogdog said:
sigh, again?

Do I have to repeat myself to you?

All of the factors that led into high inflation were created during Trump's presidency. The economy during first year of every new president's term belongs to the prior administration. So, this is Trump's inflation and it's Biden's job to fix it. He will be held accountable for how well he does. Which he is doing. Quite well. Must I repeat the leading indicators showing inflation may have already been tamed and will start to go down in the next few months?

I get it, you want Biden to fail. Also, your beliefs are baseless and not worth a bucket of warm spit.

Your childish taunt demonstrates how weak your argument is.

unemployment rate stands at 3.5%. 500,000 more people are working today than a month ago. Anybody who wants a job can have one -- more job openings than people to fill them. These are good times for workers. Why you complain so much? Makes me wonder if you fall into that category.
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Well Fog I gotta say you are persistent lol.
 
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