Official LRC President Joseph R Biden Thread

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From the BLS latest real earnings summary: "From December 2021 to December 2022, real average hourly earnings decreased 1.1 percent, seasonally adjusted. The change in real average hourly earnings combined with a decrease of 0.9 percent in the average workweek resulted in a 2.0-percent decrease in real average weekly earnings over this period."

That pattern has reversed as inflation has cooled in the second half of 2022.

wages have continued to increase but inflation has fallen quite a bit. Resulting in an increase in real wages.

verifythis.com

Yes, wages have grown faster than prices in the last several months

Inflation outpaced wage growth for the first half of 2022, but President Biden claimed the trend reversed in the past few months. That’s true.

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Yes, as of March last year, the date of that article, apparently those stats were true. We really *do* need the funding to hire people who can audit the much more complex tax returns that wealthy people typically submit.

Fortunately, a bill to provide that funding was passed in August.

I found eggs at Trader Joe's for 50% less - as prices surge at supermarkets across the country | The US Sun (the-sun.com)

Sorry, trying again to link:

the-sun.com

I found eggs at Trader Joe's for 50% less as prices surge at supermarkets

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EGG prices have been surging across the country since last year, but one supermarket’s prices remain the same. Trader Joe’s egg prices are nearly 50 percent cheaper than other grocery s…

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Eggs used to be 99 cents. Now they range from $4-6.

Every good and product people actually use is up by double digits whether the fake "official" number is 6.5% or 9%.

Someone has not been to the supermarket lately

$10 for a loaf of bread and pound of butter yesterday

I am enjoying watching the battle of "facts" by the right wing talkers on Biden's classified docs. A portion of M.aga is saying this proves that Biden is way "worse" than Trump. Some are saying that is a Democratic hoax because they don't want Biden to run again. Some are demanding a special counsel otherwise it proves the DOJ is corrupt. That view shifted now that a special counsel was appointed. The claim is now that the DOJ is still corrupt because there was no raids.

What is common in all these Right wing positions is that they all state their viewpoint as facts. They have it all figured out 100%. Nobody ever gets back on their TV show and admits they were wrong about anything.

agip is behind the curve.

Elite Dems are moving on Biden and will end him

A month for now agip will be telling us why Biden has to go

Funny, when I watch or listen to the news from CNN, CBS, or other left leaning news sources they have a different take on the economy than you do. These are definitely not good times. I bet you don’t think there’s a problem at the southern border either. It’s OK to be partisan but not OK to lack intellectual honesty.

I’ve said since before Biden was elected that Biden will not serve his full term. I believe the plan all along is for Biden to serve 2-3 years and then step down for “health reasons” and hand the reins to Harris. It was a deal worked out between the moderates and far leftists within the Dem power brokers. Harris’ incompetence may have caused some consternation about that plan but I still believe Biden will step down at some point. At a point that leaves Harris enough time to establish herself as a legitimate candidate for re-election. That will be a tough task.

Biden and Harris incompetence does not matter. Just figureheads, puppets. Others call the shots

How about the once golden gay boy, Mayor Pete? Turned out to be pretty incompetent.

you'll have to explain to me why an economy growing at the fastest rates in decades and a 50-year-low unempoyment rate equals a bad economy. The inflation has been a problem, but it is fading very quickly.

As for the media...for-profit media has to get your attention. Otherwise it goes out of business. Bad stuff gets clicks and sells ads. Nobody reports 'and another 10,000 people got jobs and 3 million people got raises this month....' they report the layoff at some high-profile tech firm.

If you are really interested I can link to some wall street analysis of the economy highlighting how good things are. Many on the street are calling it a 'goldilocks' economy right now. Fast growth, falling inflation, jobs for all. Others disagree, sure.

On immigration...look, we need to control the border better. But if we don't...it's not a crisis. The nation is not growing naturally anymore - a shrinking nation is not an appealing prospect. So we need tons and tons of immigrants. We need that. Sure, there are expenses and problems that come with high levels of immigration. There always are. But then the new arrivals settle in, start businesses, their kids go to college and all is good. So I don't get all worked up about immigration. I like immigrants. And honestly, I prefer being around them to being around m'agas. So that's not an issue I get riled up about.

Nothing in Biden's approach to politics suggests that he will quit during his term. The dude just keeps at it year after year, decade after decade. But he is very old and could legit have a health problem that requires him to step down or not run again. But if stepping down were the official plan, we'd be having a whole lot more from Kamala than we are. She is almost invisible.

Meanwhile, biden's approval rating goes up and up (as gas prices fall.) The highest in around 15 months. That's not a nation rejecting Biden or a cause for Dems to push Biden out.

You're lack of self awareness is absolutely staggering.

The entire media ran with the hysterical Russian collusion narrative for YEARS. It was all complete and utter BS. No retractions and no apologies yet.

The entire media ran with the Hunter Biden's laptop is Russian disinformation for YEARS all while knowing full well it was legit. No retractions and no apologies.

The entire media ran with the "NUCLEAR SECRETS FOR SALE AT MAR A LAGO!" story. It was complete and utter BS. No retraction and no apologies.

And on and on and on and on...

But yea, opinion people on Fox are being mean to Biden about his hypocrisy.

You're a GD moron.

the trump campaign worked hand in hand with russia to get trump elected.

the head of the trump campaign met with a russian spy and handed over confidential campaign data

the entire brain trust of the campaign met with russian spies at trump tower

multiple trumpers met with russians and then lied to law enforcement about it

the trump campaign coordinated with wikileaks + russia to release information russia stole from HRC

there is no possible honest way to call the russia affair a 'hoax.' it is real, it happened, and trump even said he'd do it all over again if he had the chance. Which he will, no doubt. if trump runs for real, he will willingly accept russian help again.