this post was submitted on 12 Dec 2024
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politics

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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.

(page 3) 24 comments
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[–] ReallyActuallyFrankenstein@lemmynsfw.com 133 points 1 week ago (4 children)

We've been doing this seesaw for the last 30 years. Republicans are that guy we've all seen at work who gets nothing done but gets credit for everyone else's work, and fails up because of it.

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[–] mp3@lemmy.ca 65 points 1 week ago (8 children)

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

[–] nobody158@sh.itjust.works 15 points 1 week 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 1 week ago (6 children)

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

[–] NeatoBuilds@mander.xyz 7 points 1 week ago

Here comes Biden with the steel chair!

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[–] Today@lemmy.world 14 points 1 week ago (1 children)
[–] Blue_Morpho@lemmy.world 16 points 1 week ago (1 children)

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

[–] Kalkaline@leminal.space 14 points 1 week ago

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

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[–] HubertManne@moist.catsweat.com 50 points 1 week ago (3 children)

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

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[–] blindbunny@lemmy.ml 43 points 1 week ago* (last edited 1 week ago) (2 children)

You thought inflation was bad. Get ready for Trumpflation.

I guess that's better then renaming the war economy "Bidenomics"

Grow food if you can now folks shit is about to get bad. Buy flour in mass if you can.

[–] krashmo@lemmy.world 15 points 1 week ago (1 children)

Not flour, unground wheat berries. Cheaper to buy in bulk with a much longer shelf life.

[–] RememberTheApollo_@lemmy.world 3 points 1 week ago (2 children)

But your hand grain mill will cost 3x as much.

[–] krashmo@lemmy.world 3 points 1 week ago (1 children)

True, if you need a fancy mill it can be expensive. However, if this a survival food you can find a way to grind it with rocks or whatever else you have access to in the event that you need to.

[–] RememberTheApollo_@lemmy.world 11 points 1 week ago (3 children)

I appreciate the thought of having a food reserve for emergencies, but at the same time if you’re reduced to grinding stored grain with found rocks, I gotta question what people are living for.

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[–] Olgratin_Magmatoe@lemmy.world 1 points 1 week ago (1 children)

That's a one time cost though.

[–] TropicalDingdong@lemmy.world 2 points 1 week ago

Cast iron mill gonna run about as much as a bag of grain. you can run it with a cordless drill

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[–] yarr@feddit.nl 38 points 1 week ago (25 children)

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

[–] CitricBase@lemmy.world 21 points 1 week ago (2 children)

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

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[–] Diplomjodler3@lemmy.world 2 points 1 week ago

Nah. Their masters wouldn't like that.

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[–] eran_morad@lemmy.world 4 points 1 week ago (1 children)

i'm holding a huge cash position, waiting for the inevitable downturn to buy up assets.

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