Can we stop saying Biden's economy was bad?

[OddBeMe]

Basically this graph tells us how much the dollar was trusted as a good investment over the years.

Updates

3 mo

Man i forgot about gag, all the idiots got the mho. Ahh well..

[permanentem]

Sure there are tons of words to describe Biden's economy. Here are just a few. Broaden your horizons and user more florid vocabulary. I know they don't do much teaching in Democrat cities...

Abhorrent

Abominable

Appalling

Awful

Cruel

Detestable

Disgusting

Dreadful

Frightful

Grim

Gruesome

Heinous

Hideous

Horrendous

Horrible

Horrid

Loathsome

Lousy

Mean

Offensive

Repulsive

Revolting

Scandalous

Shameful

Terrible

[permanentem]

In central banking, foreign countries can buy or sell massive amounts of USD denominated assets quickly without causing significant price disruptions, which is essential during financial crises to deal with liquidity problems. So all you have highlighted is that there was a "financial crisis during Biden's term". Now that NATO is on the rocks, those short term bad decisions made by Europe will lead to liquidity problems, capital flight, and rising interest rates. In other words Europe fucked themselves in the ass by betraying the USA. Enjoy your downfall loser.

[permanentem]

Now all of Europe will have to fight for dollar denominated central bank credit swaps like every other nation. They won't get special status as an ally nation anymore. No more subsidization for the European economy. Hard times coming. PAIN!

[permanentem]

[permanentem]

Anyone that didn't have their head up Joe Biden's ass like you remembers bank failures in Europe... Greensill Bank AG (Germany) in March 2021, Sberbank Europe AG (EU) in March 2022, Credit Suisse (Switzerland) in March 2023, and so on. There was a liquidity crisis, but America saved the European banking system with credit swaps which are seen in your graph. Now Europe no long gets special treatment, so they will go belly up. Who knows, maybe we will see a major market crash in Europe and people jumping from buildings... Suicide week...

[NYCQuestions1976]

Yes, because the economy was far worse than bad during the Basement Biden administration. Also, you need to learn how to draw straight lines. You're (supposedly) an adult. It's not that difficult. Especially on a screen. No surprise, even your "lines" lean left. Did you attend the "Quality Learing Center"? Furthermore, Trump first took office in January 2017, so your first blue "line" (from left to right) is far too close to the "2015" demarcation. It should be approximately 40% of the way (again, from left to right) between the "2015" demarcation and the "2020" demarcation. Once that needed correction is made, it clearly shows that the (pointless) downfall (because it's actually crypto currency related, and Bloomberg has been unreliable for credible information for over a decade) started squarely during the Captain Solyndra administration. You need to find far better things to do with your life.

[NYCQuestions1976]

Response to update: Don't lash out just because it's easy to point out all of your shortcomings.

[katiesmuff]

Oh good god don't say anything like that out loud as this will cause mass suicides among the MAGA brain trusts.

[loveslongnails]

The only people still saying that are idiot Scumpers. Anyone who read a chart and think critically knows better. That graph doesn't show the recovery Biden had to make after Scumpie's disastrous OPEC deal that sent prices up and inflation to 9%. These are the same huckleberries telling you how great the economy is doing now too. LOL

[SeekerOfTruth007]

The price of everything I buy went up nearly DOUBLE under Biden. the price of the same items has gone back down ten percent on average under Trump.

Trump was handed a mess by a bunch of incompetent clowns who took office based on their gender identity or race, because Biden thought you needed a quota of PERVERTS in office instead of actually qualified individuals.

[OddBeMe]

And still that way now.

[genericname85]

global economy is fucked. that's a matter of geopolitical affairs, not a matter of domestic affairs. American economy is good. the measure of the domestic economy is the GDP, which did have a dent during the biden administration and otherwise a stable climb. tho to be fair that dent was probably caused rather by covid than sleepy joe.

[WhiteBoyChill]

Covid did crap the bed but Biden still oversaw an extremely crappy recovery

[OddBeMe]

Hey hey! I'm trolling the magats here. This is no place for logic.

[genericname85]

everyone knows you're a troll xD no need to mention it

[NaultD]

By stock market standards democratic president by every measure out preform republican president by being boring.

No if and ors about it. Never has been. Insider trading is more lucrative especially with laws makers creating the inside information.

We have the tools to solve this but people call it socialism so it's not in the realm of discussion because it's anti capitalist.

[goaded]

You don't just have the tools, you have the laws. But they wouldn't let the investigators do their jobs.

"US SEC's ex-enforcement chief clashed with bosses over Trump cases before leaving, sources say"

"Ryan had wanted more aggressive pursuit of fraud, misconduct cases, sources said
Clashes with SEC leaders included high-profile cases against Justin Sun, Elon Musk - sources
SEC under Atkins has pivoted away from big corporate cases and crypto crackdown pursued under Democrats" www.reuters.com/.../

[ProbablyClueless]

Uh... no? Lol But to be fair, the President has limited control over the economy. So, the state of Biden's economy was only partially his fault.

The percentage of USD in world reserves is more reflective of the strength of other currencies than it is an indication of the stability of the USD.

[exitseven]

Let's just look at how high prices got when he was president and how high interest rates shot up. His jobs numbers were dismal ex cept for taxpayer funded government workers The dollar is still strong and will get stronger this year

[OddBeMe]

Ooh. Better one: how many foreign wars did Dems get us in?

[exitseven]

The war with Ukraine which Trump got us out of

[OddBeMe]

We're not in that war. We were selling them discounted military equipment to fight fascism.

Oh right... you fcks are fascists now.

[exitseven]

When Biden was president the US spent billions on the war in Ukraine. He was bought and paid for and had to go along with Zalensky. Every couple, of months he would send another ten billion to his son's employer. Trump tried to broker a peace deal but it is apparent that both Zelensky and Putin woiuld rather keep killing their soldiers. At least President Trump got NATO to fund this.

[OddBeMe]

Yes like WW2. Should we have not fought hitler?

[exitseven]

totally different thing.

[Filthy_Immigrant]

you are right, Biden's economy wasn't bad... it was HORRIFYING.

Biden is the reason why today's economy has not fully recover. do you think does 1.9 trillions he wasted on a useless vaccine mandate, the other $200 Billions he sent to Ukraine and over all the $7 Trillion worth of debt he put us through is gonna recover overnight?

a better question, can you leave your cave more often and drop your obsession with politics for once?

[Filthy_Immigrant]

@update. hearing you hate the way this site does its things is like hearing a crackhead bitching about how much crack itself has ruined his life

[Twalli]

It was bad, but it wasn't going in reverse, it was getting better. That's the thing. Our economy was bad but was recovering.

[OddBeMe]

This would be mho if I cared enough

[Twalli]

No problem, I don't usually select mho on my posts either.

[msc545]

Yeah, unless someone is a complete idiot, I think we should stop saying that, because compared to what we have right now, Biden's economy was heaven. Trump's economy is so far down, it's not even worth talking about.

[lightbulb27]

It looks like it doesn't matter whom the president is, we are sinking...

[OddBeMe]

Kinda does actually. Dems have a way to make economy do better... like smarts!

[IamRight]

Nobody is forcing you to say it, you can stop anything you want, the rest of us can keep telling that truth if we want to.

[OddBeMe]

You haven't said one peice of truth on this site.

[IamRight]

Thats bullshit. I’m living up to my username. Here is another great example of me telling you some truths If someone's son works for Russian military wouldn't that preclude them from CIA leadership? ↗

[IamRight]

Also, maybe you could tell this guy why you think Trump is sexy and good looking Why can't people understand that looks are subjective, when I say that I think Trump is good looking and sexy? ↗ you know, since you think "he is neither sexy or good looking" is not truth, since I answered that.

[OddBeMe]

I dont view anon bullshit. It's probably yours

[IamRight]

Its not, I answered the question

[WindAtMyBack]

That's a completely meaningless metric in regards to how the economy is.

[Mike_Hum]

you're comparing 4 years of biden's disaster to 1 year of trump's 2nd term?

[OddBeMe]

Actually five. Broken up by Biden's good management. If you could read a graph you'd see

[Mike_Hum]

Yeah, that double digit inflation was amazing.

[OddBeMe]

How it going now?

[Mike_Hum]

Just fine. Took the boat out yesterday. The weather was great.

[OddBeMe]

Whatever gay cruise you attend we dont need to know

[Mike_Hum]

You seem awfully versed on the matter.

[Smegskull]

Isn't that just ForEx not investment in US markets?
I am not sure that really is much of a reflection of the economy itself.

[OddBeMe]

It's how the world views the dollar dumbass. It arguably could be the single best metric.

[Smegskull]

The services and technology in the US are what the world values though right? Not how many pieces of paper are required to exchange A for B.

If the dollar becomes half as valuable but everything costs twice as much and everyone earns twice as much the net effect is just the devaluation of currency holdings. Which is arguably quite good. You don't want people to hold onto their money in a healthy economy right? You want them to spend or invest it.

[Snakeyes7]

Why is the Biden gap so short? Trump took office early 2025.

[jamesgoldman]

Don't question the liberal on its narrative

[NYCQuestions1976]

Also notice how he needs to learn how to draw straight lines. He's (supposedly) an adult. It's not that difficult. Especially on a screen. No surprise, even his "lines" lean left. He obviously attended the "Quality Learing Center". Furthermore, Trump first took office in January 2017, so his first blue "line" (from left to right) is far too close to the "2015" demarcation. It should be approximately 40% of the way (again, from left to right) between the "2015" demarcation and the "2020" demarcation. Once that needed correction is made, it clearly shows that the (pointless) downfall (because it's actually crypto currency related, and Bloomberg has been unreliable for credible information for over a decade) started squarely during the Captain Solyndra administration. Our silly friend needs to find far better things to do with his life.

[Filthy_Immigrant]

@NYCQuestions1976 I dont think he has one. normal people with a life are too busy living it, they rarely have time to obsess and bitch about politics as much as "our silly friend' here does literally on a daily basis

[OddBeMe]

@Snakeyes7 hey you can't question the apple pencil! It has spoken!

[Filthy_Immigrant]

@OddBeMe or maybe he simply just saw through your bullshit like almost everyone who answered your pathetic question did

[NYCQuestions1976]

@Filthy_Immigrant He doesn't have that on his leftist bullshit bingo card.

[OddBeMe]

Even if my hand wasn't as straight as my dick you can still see vast difference between trumps, terms and bidnes

[NYCQuestions1976]

@OddBeMe Stop posting grammatically incoherent rambling nonsensical leftist gibberish.

[Snakeyes7]

@OddBeMe No because Trump's term began at the 2025 marker, where the chart end. Who do you think you're fooling?

[NYCQuestions1976]

@Snakeyes7 He doesn't understand how time works.

[Filthy_Immigrant]

@NYCQuestions1976 @Snakeyes7 be careful, he has a tendency of crying up a storm whenever you point out how flawed his coping mechanism is

[NYCQuestions1976]

@Filthy_Immigrant That's all that leftists know how to do: Cry and gaslight.

[NathanDavis]

according to your graph... it is bad, lol

[Jeff51]

Yes. Tired of hearing it.

[Dargil]

Is there a reason?

[WhiteBoyChill]

It literally was tho