View Full Version : Do Democrats own houses? Inflation and mortgage rates...
oldtimer28
09-29-2022, 05:13 PM
Serious question, what is the profile of a person who voted for Biden?
(Apart from deceased...)
Do these voters not own houses or cars? How are people not revolting about gas prices and mortgage rates? Are rents skyrocketing too? Electricity costs must be higher?
Why do the democrats get a pass on this? The mid terms should be a landslide right but I am not seeing voters move as fast as the economy...
So what happens? How does this develop in the u.s over 1-35-10 years...
JohnnySic
09-29-2022, 05:42 PM
Crazy to think that rates were 1-2% one year ago.
Off the Court
09-29-2022, 05:51 PM
Home owners made out huge in all this, you probably owe Biden a big thank you. That put a lot of people into millionaire status.
I mean if you are set on pretending that inflation is an isolated event in the US caused by Biden somehow and not a world wide event sparked by covid.
You might want to ignore the fact that the expensive real estate near urban areas is mostly Dem though.
Patrick Chewing
09-29-2022, 05:52 PM
Off the Court on his knees in front of Biden as usual.
Overdrive
09-29-2022, 05:59 PM
If you think Biden is responsible for the world wide inflation you're putting to much stock into the power of one man.
Also if they took variable rates on loans at the lowest interests in history for a loan running 20 or 30 years, then these people are retarded. Interests were overdue to go up.
Lakers Legend#32
09-29-2022, 08:18 PM
Off the Court on his knees in front of Biden as usual.
Poopsie lives in a sh1tty apartment because he can't afford a house.
Spuddywebby
09-29-2022, 08:33 PM
Serious question, what is the profile of a person who voted for Biden?
(Apart from deceased...)
Do these voters not own houses or cars? How are people not revolting about gas prices and mortgage rates? Are rents skyrocketing too? Electricity costs must be higher?
Why do the democrats get a pass on this? The mid terms should be a landslide right but I am not seeing voters move as fast as the economy...
So what happens? How does this develop in the u.s over 1-35-10 years...
Rates are up because of the high rise in inflation which the Federal Reserve is attempting to curtail by raising rates at the quickest pace in history. The markets are assuming that the Fed will overshoot its targets, and drive the economy into a real recession (we are already in a technical recession).
Now if you take the politics out of it, which I know is not the purpose of this thread, the “blame” for the high inflation can be spread to the last two administrations (actually the last three). I put blame in quotation marks because the economic anomalies that affected those administrations were things not seen before and there was no playbook on how to deal with them. The financial crisis which threatened to put the world into a Great Depression back during Bush/Obama and Covid during Trump/Biden.
The Fed kept rates artificially low and acted as a lender of last resort, otherwise credit markets would have frozen. Transfer payments were made to individuals, credit was readily and cheaply available(Fed pumped banks with cheap money) so money was just sloshing around.
Prior to Covid and post financial crisis, the US economy and the stock market had one of its greatest periods of growth. That was during Obama/Trump. The Covid hit, the markets tanked, the economy shout down. Again, people/businesses were given “free” money to stem the hurt. A year later, the stock market boomed once again and people were spending money like water (crypto/cars/houses) and unemployment went to the lowest levels ever. Then the supply chains broke down, wages went through the roof, inflation started moving higher and here we are.
A strict economist would tell you that when the $hit hits the fan, you should just take your medicine and ride it out. People would lose jobs, businesses would fail, but eventually the economy will come out of it stronger. There is no political party in any country that is going to go through the financial crisis of Covid and tell people, “it sucks now, a lot of you are going to lose your houses, your businesses, your jobs. Some of you will be homeless, some will probably kill themselves from the depression and your kids have no foreseeable future, but man, when we get out of this, we are going to be so much stronger!!!”
The one constant during both of these periods of turmoil is that the rich end up richer and with a greater share of the country’s wealth. The same thing will happen in 3-5 years when the economy is back in a period of strong growth. While the middle and lower class spend all the time arguing about how the other party was at fault.
oldtimer28
09-30-2022, 07:32 AM
Thanks for the replies but completely off.
You are saying it's not politics, it's inflation...
Politics cause inflation.
This should not just be Trump v Biden but prices didn't skyrocket under Trump because of politics. Prices skyrocketing now under Biden are directly related to his (and his party's) mismanagement.
I do not understand how some people are blind to this tanking. It would be like explaining the 76ers before Embid being bad because of the previous gm...
Overdrive
09-30-2022, 08:27 AM
Thanks for the replies but completely off.
You are saying it's not politics, it's inflation...
Politics cause inflation.
This should not just be Trump v Biden but prices didn't skyrocket under Trump because of politics. Prices skyrocketing now under Biden are directly related to his (and his party's) mismanagement.
I do not understand how some people are blind to this tanking. It would be like explaining the 76ers before Embid being bad because of the previous gm...
Where is there inflation in Sweden? The had a completely different covid policy? The world economy bigger than the US. The buggest problem are supply chains and Chinas zero covid policy.
Spuddywebby
09-30-2022, 08:31 AM
Ok, you completely ignored the facts to make a political point. Trump’s actions and Biden’s (and Ukraine war and the financial crisis from 13 years ago etc) are what got us to this point. It was a worry way back in 2009 when we started with all the government financial help. The Federal Reserve and Treasury kept putting off the inevitable for all this time, across multiple administrations. The chickens have come home to roost due to various factors. It’s happening under a Democratic administration. It could have happened under a Republican administration. There is a good chance that the next administration will be coming in just as a recession is starting. If it is a Republican administration, the left will blame whoever is in office. The same as you are doing now. Things like inflation and recessions do not occur over a few months or 1-2 years. They build up over many different policies, economic/world events etc. But that is not what you are interested in knowing. You just want to make the point that this is happening under Biden. We have had recessions and high inflation under both parties. The country always recovers and typically sees strong growth for multiple years after. Again, the strong growth has come under both parties.
Jasper
09-30-2022, 10:12 AM
serious question, what is the profile of a person who voted for biden?
(apart from deceased...)
do these voters not own houses or cars? How are people not revolting about gas prices and mortgage rates? Are rents skyrocketing too? Electricity costs must be higher?
Why do the democrats get a pass on this? The mid terms should be a landslide right but i am not seeing voters move as fast as the economy...
So what happens? How does this develop in the u.s over 1-35-10 years...
only republicans own homes ... They are stnky rich like sob's like you.
Demo's are liberals and only own dirt farms with dirt floors.
https://www.youtube.com/watch?v=Wv-Z-EeTo4A
Ok, you completely ignored the facts to make a political point. TrumpÂ’s actions and BidenÂ’s (and Ukraine war and the financial crisis from 13 years ago etc) are what got us to this point. It was a worry way back in 2009 when we started with all the government financial help. The Federal Reserve and Treasury kept putting off the inevitable for all this time, across multiple administrations. The chickens have come home to roost due to various factors. ItÂ’s happening under a Democratic administration. It could have happened under a Republican administration. There is a good chance that the next administration will be coming in just as a recession is starting. If it is a Republican administration, the left will blame whoever is in office. The same as you are doing now. Things like inflation and recessions do not occur over a few months or 1-2 years. They build up over many different policies, economic/world events etc. But that is not what you are interested in knowing. You just want to make the point that this is happening under Biden. We have had recessions and high inflation under both parties. The country always recovers and typically sees strong growth for multiple years after. Again, the strong growth has come under both parties.
Covid relief should have gone only to people who needed it - it should not have been a mass giveaway to people who still had jobs - this is the inability and inefficiency of government to identify/process them. There are antiquated systems that are still processing behind the scenes and the states (unemployment) were incapable of adjusting to one time unusual events like covid checks (I remember NJ begging mainframe programmers for help - I remember because I'm one of them). There should have been checks and balances so that all this TREMENDOUS fraud did not occur and that it went to small businesses which needed it (not individual/stand alone franchises and those businesses who had existing relationships with banks.
That said - there was absolutely no reason for Biden/Dems' American Rescue Plan - we were coming out of covid - everything was opening up and if they had stopped the spending then, inflation would not have been so high/bad. There was absolutely no need for any other of the bills that have been passed - neither the infrastructure (not at this time of inflation), chips bill, the misnomer of Inflation Reduction Act. Nor this student debt forgiveness give away for votes. Compounding it all was this administration's attitude and actions against fossil fuel (when energy touches everything). We all know the Dems' propensity to SPEND, SPEND, SPEND (and it would have been much worse but for Manchin) when what we need is for everyone (individuals and governments of all levels) to CUT BACK (or at least stop the insane spending).
The zero interest rate, free money has been the responsibility of BOTH sides and had to come to an end some day. But inflation was [B]1.4% (and low even before covid) when Trump left and it's 8.3% now under Biden - this before some covid money yet to be spent and student debt forgiveness yet to kick in.
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ave
2022 7.5 7.9 8.5 8.3 8.6 9.1 8.5 8.3
2021 1.4 1.7 2.6 4.2 5.0 5.4 5.4 5.3 5.4 6.2 6.8 7.0 4.7
2020 2.5 2.3 1.5 0.3 0.1 0.6 1.0 1.3 1.4 1.2 1.2 1.4 1.2
2019 1.6 1.5 1.9 2.0 1.8 1.6 1.8 1.7 1.7 1.8 2.1 2.3 1.8
2018 2.1 2.2 2.4 2.5 2.8 2.9 2.9 2.7 2.3 2.5 2.2 1.9 2.4
2017 2.5 2.7 2.4 2.2 1.9 1.6 1.7 1.9 2.2 2.0 2.2 2.1 2.1
2016 1.4
https://www.usinflationcalculator.com/inflation/current-inflation-rates/
oldtimer28
09-30-2022, 03:52 PM
Where is there inflation in Sweden? The had a completely different covid policy? The world economy bigger than the US. The buggest problem are supply chains and Chinas zero covid policy.
Not talking about Sweden.
No, supply chains are not the cause of the u.s increasing interest rates.
Wow, can people study economics before posting.
No, not some post 2000 propaganda course...
oldtimer28
09-30-2022, 03:53 PM
Ok, you completely ignored the facts to make a political point. Trump’s actions and Biden’s (and Ukraine war and the financial crisis from 13 years ago etc) are what got us to this point. It was a worry way back in 2009 when we started with all the government financial help. The Federal Reserve and Treasury kept putting off the inevitable for all this time, across multiple administrations. The chickens have come home to roost due to various factors. It’s happening under a Democratic administration. It could have happened under a Republican administration. There is a good chance that the next administration will be coming in just as a recession is starting. If it is a Republican administration, the left will blame whoever is in office. The same as you are doing now. Things like inflation and recessions do not occur over a few months or 1-2 years. They build up over many different policies, economic/world events etc. But that is not what you are interested in knowing. You just want to make the point that this is happening under Biden. We have had recessions and high inflation under both parties. The country always recovers and typically sees strong growth for multiple years after. Again, the strong growth has come under both parties.
There must be some alt account.
No, you are brainwashed or braindead.
This is about the current administration. Try again.
oldtimer28
09-30-2022, 03:57 PM
Covid relief should have gone only to people who needed it - it should not have been a mass giveaway to people who still had jobs - this is the inability and inefficiency of government to identify/process them. There are antiquated systems that are still processing behind the scenes and the states (unemployment) were incapable of adjusting to one time unusual events like covid checks (I remember NJ begging mainframe programmers for help - I remember because I'm one of them). There should have been checks and balances so that all this TREMENDOUS fraud did not occur and that it went to small businesses which needed it (not individual/stand alone franchises and those businesses who had existing relationships with banks.
That said - there was absolutely no reason for Biden/Dems' American Rescue Plan - we were coming out of covid - everything was opening up and if they had stopped the spending then, inflation would not have been so high/bad. There was absolutely no need for any other of the bills that have been passed - neither the infrastructure (not at this time of inflation), chips bill, the misnomer of Inflation Reduction Act. Nor this student debt forgiveness give away for votes. Compounding it all was this administration's attitude and actions against fossil fuel (when energy touches everything). We all know the Dems' propensity to SPEND, SPEND, SPEND (and it would have been much worse but for Manchin) when what we need is for everyone (individuals and governments of all levels) to CUT BACK (or at least stop the insane spending).
The zero interest rate, free money has been the responsibility of BOTH sides and had to come to an end some day. But inflation was [B]1.4% (and low even before covid) when Trump left and it's 8.3% now under Biden - this before some covid money yet to be spent and student debt forgiveness yet to kick in.
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ave
2022 7.5 7.9 8.5 8.3 8.6 9.1 8.5 8.3
2021 1.4 1.7 2.6 4.2 5.0 5.4 5.4 5.3 5.4 6.2 6.8 7.0 4.7
2020 2.5 2.3 1.5 0.3 0.1 0.6 1.0 1.3 1.4 1.2 1.2 1.4 1.2
2019 1.6 1.5 1.9 2.0 1.8 1.6 1.8 1.7 1.7 1.8 2.1 2.3 1.8
2018 2.1 2.2 2.4 2.5 2.8 2.9 2.9 2.7 2.3 2.5 2.2 1.9 2.4
2017 2.5 2.7 2.4 2.2 1.9 1.6 1.7 1.9 2.2 2.0 2.2 2.1 2.1
2016 1.4
https://www.usinflationcalculator.com/inflation/current-inflation-rates/
Thank you for some sanity.
I know some leftists on here are unreachable but I do suggest they read about economics and financial markets before the digital revolution..
I am unsure if there are trolls on this site, or some are this misguided to ignore the elephant in the room or try to say that President Trump put it there...
diamenz
09-30-2022, 04:21 PM
:roll:
op is some f***ing character. props to whoever's alt personality this is. you're a loser but at least you're creative. :lol
Overdrive
09-30-2022, 06:31 PM
Not talking about Sweden.
No, supply chains are not the cause of the u.s increasing interest rates.
Wow, can people study economics before posting.
No, not some post 2000 propaganda course...
Why is the inflation worldwide and not limited to the US? Answer this first. If the US administration was responsible it wouldn't happen elsewhere. IDGAF about Biden or Trump.
Of course chinese supply chains breaking down is a huge part of the inflation. Interests are always raised amidst rising inflation. The ECB did the same. I guess you should visit high school level economics first if you think 1000$ handouts raise the inflation in a country with a GDP/capita of 60k to ~10%.
FultzNationRISE
09-30-2022, 07:00 PM
Why is the inflation worldwide and not limited to the US? Answer this first. If the US administration was responsible it wouldn't happen elsewhere. IDGAF about Biden or Trump.
Of course chinese supply chains breaking down is a huge part of the inflation. Interests are always raised amidst rising inflation. The ECB did the same. I guess you should visit high school level economics first if you think 1000$ handouts raise the inflation in a country with a GDP/capita of 60k to ~10%.
:wtf:
You cant be....
Are you....
Holy shit.
Are you really this...
I dont even....
Wow.
BigKobeFan
09-30-2022, 07:21 PM
As a democrat, I own
1. Office building with 5 units
2. One Condo
3. My Primary residence
4. A single Family residence for rental
5. A big bear lake cabin
So OP...you are wrong.
All have been paid off except my primary where I have an interest rate of 2.37%
AirBonner
09-30-2022, 07:28 PM
Op is rr3 that lonely fvxk talks to himself all day everyday
bladefd
09-30-2022, 08:49 PM
Covid relief should have gone only to people who needed it - it should not have been a mass giveaway to people who still had jobs - this is the inability and inefficiency of government to identify/process them. There are antiquated systems that are still processing behind the scenes and the states (unemployment) were incapable of adjusting to one time unusual events like covid checks (I remember NJ begging mainframe programmers for help - I remember because I'm one of them). There should have been checks and balances so that all this TREMENDOUS fraud did not occur and that it went to small businesses which needed it (not individual/stand alone franchises and those businesses who had existing relationships with banks.
That said - there was absolutely no reason for Biden/Dems' American Rescue Plan - we were coming out of covid - everything was opening up and if they had stopped the spending then, inflation would not have been so high/bad. There was absolutely no need for any other of the bills that have been passed - neither the [B]infrastructure (not at this time of inflation), chips bill, the misnomer of Inflation Reduction Act. Nor this student debt forgiveness give away for votes. Compounding it all was this administration's attitude and actions against fossil fuel (when energy touches everything). We all know the Dems' propensity to SPEND, SPEND, SPEND (and it would have been much worse but for Manchin) when what we need is for everyone (individuals and governments of all levels) to CUT BACK (or at least stop the insane spending).
The zero interest rate, free money has been the responsibility of BOTH sides and had to come to an end some day. But inflation was 1.4% (and low even before covid) when Trump left and it's 8.3% now under Biden - this before some covid money yet to be spent and student debt forgiveness yet to kick in.
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ave
2022 7.5 7.9 8.5 8.3 8.6 9.1 8.5 8.3
2021 1.4 1.7 2.6 4.2 5.0 5.4 5.4 5.3 5.4 6.2 6.8 7.0 4.7
2020 2.5 2.3 1.5 0.3 0.1 0.6 1.0 1.3 1.4 1.2 1.2 1.4 1.2
2019 1.6 1.5 1.9 2.0 1.8 1.6 1.8 1.7 1.7 1.8 2.1 2.3 1.8
2018 2.1 2.2 2.4 2.5 2.8 2.9 2.9 2.7 2.3 2.5 2.2 1.9 2.4
2017 2.5 2.7 2.4 2.2 1.9 1.6 1.7 1.9 2.2 2.0 2.2 2.1 2.1
2016 1.4
https://www.usinflationcalculator.com/inflation/current-inflation-rates/
None of it caused the inflation or made it worse. IRA doesn't kick in until 2023, and I believe it is over 10 years. The infrastructure bill is also over 10 years.
Who is president is irrelevant. It was a global supply chain issue following a 1yr long global shutdown, some price gouging. The world is dealing with increased inflation. It's a global issue.
oldtimer28
10-01-2022, 01:06 AM
Why is the inflation worldwide and not limited to the US? Answer this first. If the US administration was responsible it wouldn't happen elsewhere. IDGAF about Biden or Trump.
Of course chinese supply chains breaking down is a huge part of the inflation. Interests are always raised amidst rising inflation. The ECB did the same. I guess you should visit high school level economics first if you think 1000$ handouts raise the inflation in a country with a GDP/capita of 60k to ~10%.
Put on ignore for your stupidity
oldtimer28
10-01-2022, 01:08 AM
As a democrat, I own
1. Office building with 5 units
2. One Condo
3. My Primary residence
4. A single Family residence for rental
5. A big bear lake cabin
So OP...you are wrong.
All have been paid off except my primary where I have an interest rate of 2.37%
I asked a question so how is that wrong?
I am sure Hunter Biden and Hillary Clinton 'own' lots too.
If you worked for what you own, how can you support Democrat insanity?
oldtimer28
10-01-2022, 01:09 AM
Op is rr3 that lonely fvxk talks to himself all day everyday
I ignore crazy posters.
I am a real person.
diamenz
10-01-2022, 09:26 AM
I asked a question so how is that wrong?
I am sure Hunter Biden and Hillary Clinton 'own' lots too.
If you worked for what you own, how can you support Democrat insanity?
he's not being serious, you dope.
Doomsday Dallas
10-01-2022, 10:47 AM
I know some leftists on here are unreachable
Some?
They are all unreachable.
Spuddywebby
10-01-2022, 10:54 AM
Ok. I do this for a living and am agnostic politically so please school me on the economics of this. Specifically please point to the Biden policy that caused inflation. Also, please explain how GDP growth was running at around 6% and inflation under 2%(first quarter) the first four quarters of 2021, when Biden was president. Since he is responsible for the current inflation, he also must be responsible for the growth and low inflation of his first year. Also, I am assuming you blame Biden for convincing Jay Powell (the same Fed head under Trump and the person in charge of keeping inflation around 2%) to keep rates low when inflation reared it’s head and maybe even did a ventriloquist act and had him say that inflation was “transitory” when everyone was screaming to stop bond purchases and raise rates. I anxiously await your answer.
Off the Court
10-01-2022, 10:58 AM
Some?
They are all unreachable.
Reach us in the ongoing narrative that all conservatives are wealthy successful home owners with sky rocketing real estate and all leftists are poor and homeless? Yay Biden for you guys right?
Doomsday Dallas
10-01-2022, 11:00 AM
Home owners made out huge in all this, you probably owe Biden a big thank you. That put a lot of people into millionaire status.
Meanwhile that wage gap democrats spent 4 years preaching about keeps getting wider and wider.
Democrats are notorious for wiping out the middle class.... Only the rich can afford a home right now.
It's basically gentrification on a massive scale right now and the reason why people are fleeing to Texas by the millions right now....
And while your house may have increased in value, if you don't have plans on selling it, all you're going to see is an outrageous property tax bill, but we all know Democrats love paying higher taxes.
Here's another question.... Do any democrats have a 401k? How's that looking right now?
You might want to ignore the fact that the expensive real estate near urban areas is mostly Dem though.
OTC talking out of his ass again... Democrats own all the expensive real estate in urban areas? Really? That's a Fact huh?
Off the Court
10-01-2022, 11:05 AM
Obviously leftists own all the expensive real estate (California, New York, Seattle, etc) while conservatives own all the cheap deep south property.
https://i0.wp.com/www.brookings.edu/wp-content/uploads/2020/11/2021208_BrookingsMetro_TwoEconomies-Chart1Dec9-final.png?w=768&crop=0%2C0px%2C100%2C9999px&ssl=1
Another reminder. The areas that voted blue are the areas that make all the money.
Don't let some tent cities in San Fran fool you.
Doomsday Dallas
10-01-2022, 11:07 AM
You would think Democrats would want affordable housing... Not overpriced housing nobody can afford.
but another thing Dems are notorious for: hypocrisy
If Trump were in office... Democrats would make Affordable Housing the #1 issue on their platform.
Doomsday Dallas
10-01-2022, 11:14 AM
Obviously leftists own all the expensive real estate (California, New York, Seattle, etc) while conservatives own all the cheap deep south property.
https://i0.wp.com/www.brookings.edu/wp-content/uploads/2020/11/2021208_BrookingsMetro_TwoEconomies-Chart1Dec9-final.png?w=768&crop=0%2C0px%2C100%2C9999px&ssl=1
Oh I see now... Because New York and California are blue states... Obviously all the rich real estate owners in those states would vote Democrat.
makes sense now.
Off the Court
10-01-2022, 11:21 AM
Oh I see now... Because New York and California are blue states... Obviously all the rich real estate owners in those states would vote Democrat.
makes sense now.
The majority of them yes.
If all of you conservatives are successful and wealthy real estate owners then what are you complaining about? I thought you said that it was leftists who are guilty of hypocrisy?
Doomsday Dallas
10-01-2022, 11:28 AM
The majority of them yes.
If all of you conservatives are successful and wealthy real estate owners then what are you complaining about? I thought you said that it was leftists who are guilty of hypocrisy?
Yea... Housing prices are out of reach most Americans. That's a problem for the middle class... Or do you not care about them anymore because you reached millionaire status?
and it's common sense, The majority of rich people in this country (regardless of location) vote Red, Majority of poor people vote Blue... Don't let all those Hollywood celebs fool you.
In most cases:
The Business Owner votes Republican
The employees vote Democrat.
Off the Court
10-01-2022, 11:34 AM
Yeah you think all these tech billionaires are conservative? How about the owner of your Mavs team? Why do you think the media is overwhelmingly left? It's because the people with money are left.
Again, if the wealth gap is pushing all of the conservatives high and the leftists low, what are you complaining about? That is a huge win for the right.
Doomsday Dallas
10-01-2022, 11:53 AM
Yeah you think all these tech billionaires are conservative? How about the owner of your Mavs team? Why do you think the media is overwhelmingly left? It's because the people with money are left.
Again, if the wealth gap is pushing all of the conservatives high and the leftists low, what are you complaining about? That is a huge win for the right.
I'm not rich... nor am I conservative, liberal, republican or democrat... but it's clear the rich are getting richer, and poor are getting poorer. I support the middle class... I thought Democrats did too.
But I can tell you, as long as you aren't famous, and you are rich... 70% of the time that person is voting red. People with Money typically vote Republican.
If I'm wrong... again, the Democrats are guilty of hypocrisy for crying about White Supremacy... Rich White Racist Republicans people own everything I thought?... but that must be in the Rural part of the world.
It's because the people with money are left.
https://static01.nyt.com/images/2021/09/16/fashion/MET-AURORA-AOC-1/MET-AURORA-AOC-1-articleLarge.jpg
So what is she saying here? Let's tax ourselves?
Chick Stern
10-01-2022, 12:05 PM
If you think Biden is responsible for the world wide inflation you're putting to much stock into the power of one man.
Also if they took variable rates on loans at the lowest interests in history for a loan running 20 or 30 years, then these people are retarded. Interests were overdue to go up.
^^^^
This
and the economy was slowing down prior to the VID hitting
Off the Court
10-01-2022, 03:28 PM
I'm not rich... nor am I conservative, liberal, republican or democrat... but it's clear the rich are getting richer, and poor are getting poorer. I support the middle class... I thought Democrats did too.
And now you don't think Dems support the middle class because the free market drove up home prices? Let's cut the shit here Doomsy, Dems had nothing to do with real estate demand spiking and neither did Biden and this thread is tribal nonsense. All you want to do is play victim to Biden.
But I can tell you, as long as you aren't famous, and you are rich... 70% of the time that person is voting red. People with Money typically vote Republican.
Source?
I can tell you, the ones that saw their net worth increase the most are the homeowners in urban and surrounding areas. And the states that saw the most increase in real estate value are the blue states. Outside of those areas are the red counties. Trump land. Those areas saw increase too just not nearly as much.
There are plenty of poor leftists. Lots of minorities. But what also leans left are the gated communities right outside the city.
I'll give you there is old money on the right. The old conservative business owner with all of his left leaning employees is real. I'm not going to pretend it's black and white. But a wealthy neighborhood is much more than business owners. There are doctors, lawyers, pro athletes, bankers, brokers, dentists, psychiatrists, surgeons, and plenty of others in those neighborhoods. I'll leave film makers, actors, musicians, any kind of artist there is out of it too.
SATAN
10-01-2022, 09:35 PM
Brainwashed Dallas. :oldlol:
This dude is SO stupid. :facepalm
oldtimer28
10-01-2022, 10:33 PM
Ok. I do this for a living and am agnostic politically so please school me on the economics of this. Specifically please point to the Biden policy that caused inflation. Also, please explain how GDP growth was running at around 6% and inflation under 2%(first quarter) the first four quarters of 2021, when Biden was president. Since he is responsible for the current inflation, he also must be responsible for the growth and low inflation of his first year. Also, I am assuming you blame Biden for convincing Jay Powell (the same Fed head under Trump and the person in charge of keeping inflation around 2%) to keep rates low when inflation reared it’s head and maybe even did a ventriloquist act and had him say that inflation was “transitory” when everyone was screaming to stop bond purchases and raise rates. I anxiously await your answer.
You must be young and brainwashed or work for leftists.
You deny inflation in Biden's term? You deny democrats have increased monetary supply whilst decreasing supply (or increasing barriers) to fuel and electricity?
Please read Milton Friedman or watch him on youtube if you're young.
I am usually apolitical but the left in the u.s are insane and corrupt.
I don't always agree or agree completely with Friedman but his views are essential to understand.
oldtimer28
10-01-2022, 10:35 PM
Meanwhile that wage gap democrats spent 4 years preaching about keeps getting wider and wider.
Democrats are notorious for wiping out the middle class.... Only the rich can afford a home right now.
It's basically gentrification on a massive scale right now and the reason why people are fleeing to Texas by the millions right now....
And while your house may have increased in value, if you don't have plans on selling it, all you're going to see is an outrageous property tax bill, but we all know Democrats love paying higher taxes.
Here's another question.... Do any democrats have a 401k? How's that looking right now?
OTC talking out of his ass again... Democrats own all the expensive real estate in urban areas? Really? That's a Fact huh?
This.
oldtimer28
10-01-2022, 10:38 PM
You would think Democrats would want affordable housing... Not overpriced housing nobody can afford.
but another thing Dems are notorious for: hypocrisy
If Trump were in office... Democrats would make Affordable Housing the #1 issue on their platform.
Agreed again except possibly the last part. Trump loves trolling so democrats would probably throw any mud at him.
The democrat policies are insane and the logic flawed.
Again, the right is far from perfect but anyone who thinks the u.s has improved under Biden lives in China or is anti U.S.
JohnnySic
10-02-2022, 06:01 PM
https://pbs.twimg.com/media/FeEboVAXgAwwRuF?format=jpg&name=small
ShawkFactory
10-02-2022, 08:09 PM
Serious question, what is the profile of a person who voted for Biden?
(Apart from deceased...)
Do these voters not own houses or cars? How are people not revolting about gas prices and mortgage rates? Are rents skyrocketing too? Electricity costs must be higher?
Why do the democrats get a pass on this? The mid terms should be a landslide right but I am not seeing voters move as fast as the economy...
So what happens? How does this develop in the u.s over 1-35-10 years...
Had you typically voted Democrat in the past?
oldtimer28
10-04-2022, 07:00 AM
https://pbs.twimg.com/media/FeEboVAXgAwwRuF?format=jpg&name=small
ha, but worse. I fear the west will become more like India - where even the rich have a terrible quality of life.
No longer dreams of freedom. Meanwhile, the corrupt top take all the spoils and laugh at the peasants beneath their feet.
Nanners
07-03-2023, 09:13 AM
democrats do own houses. There has been a major restructuring to the political parties in the past 20 years or so. While there are plenty of poor democrats, the party thrives because of its strength with upper middle class professionals (especially the childless girlboss variety).
~20 years ago the democrat base was urban working class, today it is suburban working class.
~20 years ago the democrats were anti war, today they love war (stand for ukraine, and sent them all your money)
~20 years ago the democrats were skeptical of corporate interests like big pharma, today they cant tell the difference between corporate marketing and unbiased reality.
~20 years ago the democrats wanted to tax the rich, these days they dont care about bill gates daily private jet trips or jeff bezos laughably gargantuan superyacht... the real problem is the fact that you eat cow and sometimes use plastic straws.
~20 years ago the iraq war was structured and orchestrated by a republican named robert kagan, today the war in ukraine was structured and orchestrated by a democrat woman named Victoria Nuland (who happens to be married to Robert Kagan)
For those of us with an attention span longer than a year or two, its truly mind boggling what has happened to the so called democrat party. No doubt they were always retards, but to see them recently become the neocons they claimed to hate in the not so distant past is beyond absurd.
1987_Lakers
07-06-2023, 11:16 PM
democrats do own houses. There has been a major restructuring to the political parties in the past 20 years or so. While there are plenty of poor democrats, the party thrives because of its strength with upper middle class professionals (especially the childless girlboss variety).
~20 years ago the democrat base was urban working class, today it is suburban working class.
~20 years ago the democrats were anti war, today they love war (stand for ukraine, and sent them all your money)
~20 years ago the democrats were skeptical of corporate interests like big pharma, today they cant tell the difference between corporate marketing and unbiased reality.
~20 years ago the democrats wanted to tax the rich, these days they dont care about bill gates daily private jet trips or jeff bezos laughably gargantuan superyacht... the real problem is the fact that you eat cow and sometimes use plastic straws.
~20 years ago the iraq war was structured and orchestrated by a republican named robert kagan, today the war in ukraine was structured and orchestrated by a democrat woman named Victoria Nuland (who happens to be married to Robert Kagan)
For those of us with an attention span longer than a year or two, its truly mind boggling what has happened to the so called democrat party. No doubt they were always retards, but to see them recently become the neocons they claimed to hate in the not so distant past is beyond absurd.
Reason why I no longer support that party. It's mind blowing how much they have changed even in the last few years. Growing up I sided more with the democrats, not any more.
Always a bad idea to stick with one party like you do with a sports team, I still see a bunch of people who are still democrats out of straight loyalty to the party despite their obvious change. Always have an open mind and be objective.
oldtimer28
07-07-2023, 12:43 AM
democrats do own houses. There has been a major restructuring to the political parties in the past 20 years or so. While there are plenty of poor democrats, the party thrives because of its strength with upper middle class professionals (especially the childless girlboss variety).
~20 years ago the democrat base was urban working class, today it is suburban working class.
~20 years ago the democrats were anti war, today they love war (stand for ukraine, and sent them all your money)
~20 years ago the democrats were skeptical of corporate interests like big pharma, today they cant tell the difference between corporate marketing and unbiased reality.
~20 years ago the democrats wanted to tax the rich, these days they dont care about bill gates daily private jet trips or jeff bezos laughably gargantuan superyacht... the real problem is the fact that you eat cow and sometimes use plastic straws.
~20 years ago the iraq war was structured and orchestrated by a republican named robert kagan, today the war in ukraine was structured and orchestrated by a democrat woman named Victoria Nuland (who happens to be married to Robert Kagan)
For those of us with an attention span longer than a year or two, its truly mind boggling what has happened to the so called democrat party. No doubt they were always retards, but to see them recently become the neocons they claimed to hate in the not so distant past is beyond absurd.
Great post.
P.s haileeparker is clearly a spam bot.
I do wonder about other leftist posters here too.
GimmeThat
11-26-2023, 11:59 PM
no, the homeless people at the library do not own houses
Powered by vBulletin® Version 4.2.5 Copyright © 2025 vBulletin Solutions Inc. All rights reserved.