• Hikermick@lemmy.world
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    21 days ago

    I’m counting on the GOP to crash the economy again. I’ve managed to buy the dip twice and look to buy a house big enough to move my dad in

    • explodicle@sh.itjust.works
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      21 days ago

      You’ll never be as good at this as a billionaire who can both bribe and wait indefinitely. Every crash since 2007 has made the working class poorer relative to billionaires.

      • discocactus@lemmy.world
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        21 days ago

        As a whole sure. If you have cash to play the game though it’s become very predictable. But if you have cash to play the game you’re not really in the bottom tier of the working class. At this point there’s sort of a second tier of the working class that used to be the “middle class”- owns a house, has a retirement account, a paid off car, probably some sort of emergency savings. These are the people still clinging to the American dream, and can win the game (but are effectively barred from the upper echelons of society still as is the rest of the working class).

    • VitoRobles@lemmy.today
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      21 days ago

      This is my sad hope as well.

      I want the economy to crash so I can afford things.

      Watching homes in my area go from 300k to 1 mil in less than a decade is surreal. This isn’t even a fancy area.

      • Canaconda@lemmy.ca
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        20 days ago

        I want the economy to crash so I can afford things.

        Okay but for how long? Climate change is going to destroy the global food supply chain and Americans rely HEAVILY on imported food. What happens when the oceans displace all the major port cities that receive everything else? When Americas aging infrastructure falls apart will there be the resources, knowledge, or even political will to rebuild it?

        I’m not saying this to attack you… more so to point out that the Boomer Gen X strategy of making theirs and dying before SHTF is a risky bet for anyone younger.

    • MiddleAgesModem@lemmy.world
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      21 days ago

      The economy is worse under Trump, that’s pretty hard to deny. Yet we continue to insist that Biden was just as bad. It doesn’t make a ton of sense.

      • Mulligrubs@lemmy.world
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        21 days ago

        Biden was a horribly inadequate President, and senile besides… an embarrassing alternative. The worst Democratic President of my lifetime, and I am old.

        Truly, he was an AWFUL response to Trump’s presidency, and he’s the reason that Trump was reelected.

        This is all humiliating for Americans, our parties need to be dismantled

        • MiddleAgesModem@lemmy.world
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          20 days ago

          Biden was a horribly inadequate President, and senile besides…

          Biden was not senile, take your bullshit MAGA propaganda elsewhere.

          The worst Democratic President of my lifetime, and I am old.

          Based on what? This is a ridiculous assertion.

          • Infrastructure Law, which put major federal money into transportation and other infrastructure.

          • signed the CHIPS and Science Act, more domestic semiconductor manufacturing, less dependence on fragile foreign supply chains, and more U.S. manufacturing investment. Commerce Department said by August 2024 it had announced over $30 billion in proposed private-sector investments across 23 projects in 15 states, expected to create over 115,000 manufacturing and construction jobs.

          • Inflation Reduction Act: created Medicare drug-price negotiation, which CBO estimated would lower average prices paid by Medicare and reduce the deficit. It also led to a $2,000 annual out-of-pocket cap for Medicare Part D enrollees starting in 2025. Same act also led to a clean-energy push and EPA regulatory action.

          • unemployment rate fell sharply from the pandemic period and stayed relatively low by historical standards.

          • American Rescue Plan expanded ACA premium tax credits, making low-premium marketplace plans more available, and later HHS credited the ARP and IRA premium-credit enhancements with increasing Marketplace enrollment and affordability. Same act also included the Child Tax Credit expansion which was the leading driver behind a 46% decline in child poverty in 2021, cutting it to the lowest recorded annual rate.

          Biden was far from an “awful” president.

          and he’s the reason that Trump was reelected.

          The reason Trump was reelected was phony “progressives” like yourself that would rather Trump be president than “establishment” Democrats. You obviously know nothing about policy. Even more obviously, you don’t give a fuck about progressive causes.

          This is all humiliating for Americans, our parties need to be dismantled

          Yeah, that’s realistic, good fucking job you goddam dumbass. We’ll wait for your stupid fucking fantasy to come to fruition while Trump destroys the country. Anyone who thinks Biden and Trump are the same is a delusional fucking moron.

          • JasonDJ@lemmy.zip
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            20 days ago

            Biden was not senile,

            Maybe not, but man was he a shell of a former self.

            That last debate…man…I’m not a very empathetic person to start with, and even I felt second-hand embarrassment.