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Biden reportedly regrets ending re-election campaign and says he’d have defeated Trump
(www.theguardian.com)
this post was submitted on 29 Dec 2024
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politics
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food/housing costs/insurance rates/taxes are still astronomically high but hey sure that Biden and the billionaires that own our government got reduced inflation
yes he helped someone open up a chip factory
barely anyone got student loan forgiveness
he did nothing for cannabis convictions or the movement since he started being a politician over half a century ago and instead helped incarcerate a shit ton of people but then again, he would have had less people voting for him if he had not helped lock up so many people
fuck Biden for helping to sell our potential to the highest bidder
Neither Biden nor any other US president has control over the costs of food, housing, or insurance rates. Not sure what specific taxes you're complaining about.
Also, you might want to check out what happens when you spend a year and a half pumping out $600 checks every week to unemployed people across the country to entice them to stay home, causing labor costs to skyrocket. Or did you not notice traditionally minimum-wage employers like fast food joints and supermarkets start offering $19/hr+ just to get people in the door. What did you think was going to happen to labor costs? Did you think corporations were just going to absorb those costs at the cost of their own profits? LOLOLOLOLOLOL. What about the people who were making $19 before the pandemic and saw the equivalent of Walmart greeters suddenly getting paid the same amount? You don't think they demanded raises too? The ripple effects of those checks absolutely caused labor costs to permanently skyrocket up and down the food chain, and of course those costs are going to be passed onto the consumer in the form of higher prices.
And do you know what happens when you just magically print money out of nowhere (the entire costs of those unemployment checks were simply tacked on to the national debt.)? Huge spikes in inflation. This is pretty much economics 101.
And everything else can pretty much be chalked up to greedflation. Supplies increased by (made up number for explanatory purposes) 10% so of course they shot their prices up by 15% and just blamed supply chain issues.
Who started sending those $600 checks out? Oh, that was Trump. Because "throw money at it" is his answer to everything.
Actually, there's about a dozen of them being built across the country. Might wanna take a look at all the jobs created by the Inflation Reduction Act.
And that's thanks to SCOTUS gutting 90% of his plans.
Except for the two proclamations announcing pardons for federal cannabis convictions.
Exactly what "shit ton of people" did he incarcerate?
That bidder was Trump, and fuck you for helping him return to power.
So we should be kicking other Democrats out of office too? Sure I'm good with that. There's absolutely things they can do. They just refuse to move without the approval of the Republicans. For example HUD has an authority to literally build housing. FEMA can buy containerized housing and deploy that.
Labor costs didn't sky rocket. That's corporate propaganda. They got caught telling their shareholders they didn't actually have cost push inflation, they were just raising prices. If labor costs had skyrocketed then maybe workers could still afford cereal and milk. Also, we know you can pay 20 an hour and not significantly raise prices, we saw this in pre-pandemic California.
Honestly your comment reads like you get your news from the opinion section of the Wall Street Journal.
LOL.
Low end positions going from barely over the federal minimum and are now paying $15, but labor costs didn't skyrocket. I'd love to meet your math teacher so I can slap them for failing you so hard. And do you think corporations are going to be benevolent and just absorb those costs if they don't have to? If the employees are demanding a wage increase, that increase is going to come in the form of increased prices to consumers, along with a little extra bump for themselves. Whether you think that's right is irrelevant. It's going to happen, you can't change that, and it's not going to change. There isn't a world where corporations aren't going to increase wages and just absorb those costs out of the kindness of their hearts. It's just not going to happen.
Never said they didn't. Both things can happen, you know. Labor costs skyrocketed. They just decided to make their corporate profits skyrocket at the same time and just blame the labor costs. Doesn't mean labor costs didn't skyrocket.
Not if the costs of cereal and milk skyrocketed even faster. That's what happened. People got the pay raises they demanded. Corporations and landlords just retaliated by jacking up prices and rents even more. You can demand all the wage increases you want. But as long as corporations can respond with even bigger price hikes, no amount of pay will give you a living wage.
If you want to solve the problem, the solution is to start hauling CEOs before congress and making them explain their skyrocketing profit margins to the American people. Put some teeth to price gouging laws. Put heavier taxes on corporate profits that are above pre-pandemic percentages. But if you just demand increased wages while doing nothing about what's going on on the other end, you're going to wonder why you can never make ends meet no matter how much money you make.
You didn't listen to a goddamn word. Just repeated your propaganda harder.