Our stock markets have been driven by fear and greed for as long as I can remember. The high flirting with 39,000 now enjoyed is a product of greed, not strength.
I have a few investments. During Obama they rose steadily. During Trump they swung wildly with the market with big day to day losses and gains. Overall growth flatlined. Since Biden those swings have continued, but not as wildly, and gains exceed losses, so overall value is again increasing.
People who say Trump is better for the economy than Biden clearly aren't invested, nor do they have good memories.
They cite cost of gas in preference for Trump.
Gas reached its all time high under Bush II. Sept 2008 it topped $5 per gallon nationally. I believed then and do now, it was more responsible for the economic recession than any other cause because everybody buys gas. Unsustainable cost was added to goods.
The mortgage crisis was due to banks lending at 125% home value in anticipation of future increased value with interest. Combined with gas, they were a left hook and right cross to America's jawbone.
Shortly thereafter gas cost plummeted to its lowest in years, $1.70 per gallon in 2010. As the Obama economy slowly recovered, gas cost rose too. During Trump it rose from $2.10 to $4.80. The pandemic reduced demand so it fell back down to $2.10. Since then it rose again... imo greed in effort to recoup covid losses, and I suspect an effort to make Biden look bad.
The internet put an end to old fashioned gas wars. I believe local owners conspire to raise price without warning. I know for a fact these owners are a handful who own many 7-11s, Loaf & Jugs, Mavericks, Good2Go, Kum 'n Go around town. They're republican, and their price hikes make no sense, and are unrelated to wholesale price of gas and crude. They know retards blame Biden for price of gas.
Retards also blame Biden for inflation... driven by... price of gas! Just like what killed Bush II. Plus, inflation is also global, not just an American problem. The right cross of housing cost is more powerful than ever, with mortgages and rents beyond reasonable affordability. It is a national crisis right now. Not pending. Now.
We bought our house in "93 for $89K. We could sell it now for $450k. But where would we go? We'd be trapped in that tarpit along with Gen X, Z and more, all struggling to make something work for them. Greed is killing it. Killing us. Killing the US.
You can't be an honest person and vote for Trump.
You can look away from a painting, but you can't listen away from a symphony
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