this post was submitted on 12 Dec 2024
591 points (96.8% liked)

politics

25084 readers
2259 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 2 years ago
MODERATORS
 

Summary

President Joe Biden touted his administration’s economic recovery efforts, citing job growth, reduced inflation, and infrastructure investments, as he prepares to hand off a strong economy to Donald Trump.

Biden criticized Trump’s proposed steep tariffs on imports, warning they could harm the economy and reintroduce inflation.

Trump plans tariffs against China, Mexico, and Canada, raising concerns about trade disruptions similar to those seen during his first term.

Economists caution that such policies could quickly reverse recent economic gains and weaken the U.S. economy.

top 50 comments
sorted by: hot top controversial new old
[–] mp3@lemmy.ca 62 points 7 months ago (3 children)

Just do another round of stimulus check and let Donny deal with the bill. 😏

[–] nobody158@sh.itjust.works 15 points 7 months ago (1 children)

This would be the best way to end the last 20 days, and mass parsons because fuck it whynot

[–] pearsaltchocolatebar@discuss.online 15 points 7 months ago (4 children)

The best way to end it is for Biden to have Trump and friends disappeared to a CIA black site.

[–] Captainvaqina@sh.itjust.works 8 points 7 months ago (1 children)

That's a totally legal, and very cool thing to do.

The supremely corrupt court hath made the president into a king with unchecked power to slaughter the entire United States.

[–] explodicle@sh.itjust.works 3 points 7 months ago (1 children)

Good point, he'll need to disappear them too.

load more comments (1 replies)
[–] NeatoBuilds@mander.xyz 7 points 7 months ago

Here comes Biden with the steel chair!

load more comments (2 replies)
[–] Today@lemmy.world 15 points 7 months ago (1 children)
[–] Blue_Morpho@lemmy.world 15 points 7 months ago (1 children)

And this time put Joe Biden's name on the checks.

[–] Kalkaline@leminal.space 14 points 7 months ago

"We'll allow it, but only for corporate America and those making >$500k/year" -Sinema and Manchin

[–] kandoh@reddthat.com 4 points 7 months ago (5 children)

Can't do that without also controlling congress which he doesn't.

load more comments (5 replies)
[–] HubertManne@moist.catsweat.com 49 points 7 months ago (1 children)

more like stabilize. without the second term to actually make some progress this is going to go in the shitter fast.

[–] LillyPip@lemmy.ca 11 points 7 months ago (1 children)

People really can’t understand the economy turns like the Titanic. Trump fucked it, but we didn’t see the real effects until Biden’s term. We were heading into another Great Depression, and coupled with the effects of Covid, people massively underestimate how well the economy actually did under Biden.

Trump will coast on the Biden administration’s success for a while, and will take the credit. Once he fully fucks everything (and IF there are fair elections in 2028, which doesn’t seem likely), a future democratic administration will be blamed for the effects of trump’s fuckery. Repeat ad infinitum.

That’s how it’s worked for a century, and uninformed voters will always fall for it.

[–] HubertManne@moist.catsweat.com 4 points 7 months ago

Nah. It takes much more to build than to burn down. This is why bush senior had to do the things that angered his base. Whats been built in the last four years will fall within 2. Even trumps first term it was actually covid which allowed him to get through it. Obama was not able to really get things good in two after bush jr.s two wars and when trump dropped rates and overheated everything the market was due for a big crash but covid ironically created this wierd condition were it bounced back due to the stimulus of the checks and just that generally the haves did not want to fuck around with that shit going. Everything became about keeping things going. Its gonna be a rough few years coming up.

[–] yarr@feddit.nl 39 points 7 months ago (9 children)

If the democrats are so sick of getting swapped out maybe they should field some decent candidates.

[–] kandoh@reddthat.com 33 points 7 months ago* (last edited 7 months ago) (6 children)

Unless your idea of a good candidate is George Clooney or Oprah than this isn't a problem that can be fixed with 'better candidates'.

[–] samus12345@lemm.ee 35 points 7 months ago

Those answers make me unreasonably angry. The absolute stupidity is astounding.

load more comments (5 replies)
[–] CitricBase@lemmy.world 20 points 7 months ago (2 children)

If voters demonstrated one thing this year, it's that the decency of the candidate is utterly irrelevant.

load more comments (2 replies)
load more comments (7 replies)
[–] thatKamGuy@sh.itjust.works 28 points 7 months ago (1 children)

It basically happens every cycle, easy to go back all the way to George Bush Sr -> Clinton ( if not earlier).

But the problem is, the current economic boom is even more K-shaped than any other in recent history; half of the population are struggling worse than before, but their plight is masked by an incredible boom for the other half.

I can’t blame the working class for thinking back to ~2016, and remembering things fondly.

Trump will only make the current situation worse, but I can at least understand how the US ended up in its current predicament.

[–] Lightsong@lemmy.world 4 points 7 months ago (2 children)

What is K shape? Like V but added flat? Or just direction where right side of K goes both up and down?

[–] thatKamGuy@sh.itjust.works 6 points 7 months ago

Chart taken from Investopedia’s article on K-shaped Recovery; but the underlying principle is the same: Some parts of the economy are performing so well that it masks the other sectors which are struggling.

i.e. the rich are getting so much wealthier, that when looking at the overall average the number is trending positively and not showing that the rest of society is getting poorer. This is one of the reasons when using aggregate measures, the median value is significantly more valuable than the average.

[–] halowpeano@lemmy.world 5 points 7 months ago

The rich got richer (top of K) the poor got poorer (bottom of K).

[–] TheObviousSolution@lemm.ee 21 points 7 months ago (1 children)

And we have several pandemic vectors on the rise - again. Well, with one major change, we now have a vaccine denialist in charge of core agencies. Prospects look good for the vulture industries.

[–] finitebanjo@lemmy.world 5 points 7 months ago

And one of the new viruses has a fatality rate above 50% in livestock, probably doesn't bode well for humans.

If there is a god maybe the covid was just a booster virus to get the smart portion of humanity prepped for the real plague, lol.

[–] Allonzee@lemmy.world 16 points 7 months ago* (last edited 7 months ago) (1 children)

I see it more as speed of descent.

I'm of the opinion this country is sold, and died about half a century ago as a democracy, and this is just leftover momentum. All but waned momemtum.

Our vote isn't on whether to reorient the economy to reflect the priorities of its citizens, merely how, and if at all, to manage some of the social issue symptoms of our crumbling commons, the ruins of public education, as the owners search for new vectors of exploitation.

I see voting blue as akin to requesting we leave the water pumps turned on for this sinking ship to buy time(D), and voting red a vote turn them off because some passengers have been deluded into hating other passengers and really, really want to watch them drown(R) despite being in the same boat with them.

The holes are our economic policy, but ask either party about patching them and you'll get something akin to "What holes? This ship is unsinkable! If you think there's holes, you're the problem."

Dont worry though, there are lifeboats, just enough for the politicians and their donors. Wealth means not having any national allegience.

[–] PugJesus@lemmy.world 4 points 7 months ago (1 children)

The poor man really has a stake in the country. The rich man hasn't; he can go away to New Guinea in a yacht.

GK Chesterton, The Man Who Was Thursday, 1908

[–] Allonzee@lemmy.world 4 points 7 months ago* (last edited 7 months ago)

Exactly, multinational oligarchs live in their own reality, with their own infrastructure all over the world.

We are a piggy bank to rape for private profit, not their society.

That's what happens when you let people accumulate society warping levels of capital to begin with. Beyond material desires, that's what capital is: power. Power to propagandize entire nations with for profit media, power to capture entire state and world governments, power to live above the Commons you destroy.

No one should be allowed to gather more power in a society than their single vote allows. This is why civilized nations have publicly funded campaigns, and trying to buy votes is still a crime. Other people live here. Thre should be a 100% wealth tax somewhere in the high double digit millions where you get a cake and a medal and a senator comes and shakes your hand for all future money going to repair and improve the commons like roads and education and HEALTHCARE that facilitated their rise to such astronomical success to begin with.

Citizens of the Nordic nations, the happiest people's on Earth, largely have no problem being taxed for success because they're educated to understand that their success is society's success, and they live in society so everyone wins. Hard work yields bigger homes and toys, but not sociopaths trying to buy half of Hawaii's beaches to lock their fellow citizens away from that lived there first away from them for example.

They chose live together, we choose die alone. Most people suffer under die alone. I wish Americans weren't so successfully propagandized into being hostile towards the very idea of society on the basis of "well you might be rich one day, and you don't want filthy poor people making you less rich when that happens, do you, you fucking sucker?"

[–] Maggoty@lemmy.world 12 points 7 months ago

Lmao, he rebuilt the stock market.

That is not the economy.

[–] reddit_sux@lemmy.world 4 points 7 months ago (5 children)

https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm

This is a chart showing percentage difference over 12 months of CPI for the last 20 years. Biden's presidency came with less than 1% inflation which only rise to record levels in the first 2 years. It has come down to high 2% and settled at that level.

In the last 12 months everything other than energy prices have rise by 2.4%. A 2-2.4% in prices after having 2 years of near 10% inflation.

You can see how Democrats saying that they have done good for economy and common man seems hollow.

[–] ayyy@sh.itjust.works 9 points 7 months ago (2 children)
[–] Randelung@lemmy.world 5 points 7 months ago

c/dataisugly

load more comments (1 replies)
[–] deo@lemmy.dbzer0.com 4 points 7 months ago

With the years:

load more comments (3 replies)
[–] Pacattack57@lemmy.world 4 points 7 months ago (4 children)

Why does he look like Kim Jong Un in this picture 😂

[–] Linktank@lemmy.today 5 points 7 months ago

He's a fat fuck?

load more comments (3 replies)
[–] tywarth@lemmy.world 4 points 7 months ago (1 children)
[–] eugenevdebs@lemmy.dbzer0.com 3 points 7 months ago (1 children)

Trump always looks horrid, it's just genuinely baffling he can even move. I'd be shocked if he doesn't die in office on this term.

load more comments (1 replies)
load more comments
view more: next ›