Political Posts

[John Hjorth]

1 hour ago, LC said:

Trump is such a friend of the working class he made it 20% more expensive to drive my F250 to Walmart. 

 

Slide over to the end of the bar, Kash Patel - we're gonna need to Shaggy and Scooby to solve this mystery!

 

57 minutes ago, cubsfan said:

Heck LC, that's minor league stuff. ...

 HaHa! - It's just awesome! 

[John Hjorth]

2 hours ago, Spekulatius said:

This is part of the European sovereignty drive but there is a huge difference between announcing a project and having a complete solution.

 

Yeah, @Spekulatius,

 

It is. It's also an important message to Putin, who by now has placed his country in a somewhat deadock situation - primary because of the Eoropean support to Ukraine, where Russia simply can't keep up.

 

With cooperation among the countries in the coalition of the willings this is far from a dream, a mirage. It will happen.

 

- - - o 0 o - - -

 

It looks to me as Danish PM Mette Frederiksen has gained some weight recently? - Maybe too much good food at meetings? -Maybe soon POTUS will call her fat and nasty!, - not just nasty ... 

 

Edited 6 hours ago by John Hjorth

[LC]

1 hour ago, cubsfan said:

 

Heck LC, that's minor league stuff.

 

The major league catastrophe is driving the average age of first time home buyers to 40 years old - by unleashing 21% inflation during Biden's term and then letting 20 million illegals waltz into the country.

 

Nothing like destroying the American dream of home ownership while driving rents through the roof.   

 

Don't worry though - your buddy Mandami has a solution - rent  controls... and Trump sealed the border shut....

 

These 6.5% mortgage rates are great for first time home buyers...

 

...in Tehran!

 

Fly that flag, baby! Yeehaw!

[73 Reds]

11 minutes ago, LC said:

 

These 6.5% mortgage rates are great for first time home buyers...

 

...in Tehran!

 

Fly that flag, baby! Yeehaw!

Mortgage rates are in line with long term averages and well below when I financed my first, fifth and tenth property.  Today's mortgage rates are not the culprit.  Its the actual purchase price and cost of insurance, taxes and maintenance.  

[Parsad]

22 hours ago, jbrichards74 said:

Parsad,

 

What rights did Graham tear away from the LGBTQ community?

 

https://glaad.org/gap/lindsey-graham/

 

Cheers!

[73 Reds]

11 minutes ago, Parsad said:

 

https://glaad.org/gap/lindsey-graham/

 

Cheers!

Did he cast any other votes in the last 30 years?  Perhaps you'd have preferred his predecessor in the Senate, Strom Thurmond.

[LC]

2 hours ago, 73 Reds said:

Mortgage rates are in line with long term averages and well below when I financed my first, fifth and tenth property.  Today's mortgage rates are not the culprit.  Its the actual purchase price and cost of insurance, taxes and maintenance.  

 

Hey MAGA, should we use some of that $100B+ ICE budget to instead make housing more affordable for Americans?

 

NAH

 

How about at least for bodycams so these ICE goons have some accountability?

NAH

 

https://apnews.com/article/ice-shooting-maine-immigration-dhs-f26f8c2256aa6f0748582ea4adbb515c

 

Y'all Quaeda is at it again!

[cubsfan]

1 hour ago, Parsad said:

 

https://glaad.org/gap/lindsey-graham/

 

Cheers!

 

GLAAD - these are the same lunatics that campaign for men in women's bathrooms and locker rooms. And full trans "health care" for children - ie hormone treatments, genital mutilations, etc.

 

Good for Lindsey for protecting women & children in private spaces and women's sports.

 

Edited 3 hours ago by cubsfan

[Red Lion]

2 hours ago, 73 Reds said:

Mortgage rates are in line with long term averages and well below when I financed my first, fifth and tenth property.  Today's mortgage rates are not the culprit.  Its the actual purchase price and cost of insurance, taxes and maintenance.  

 

I don't disagree with this, but it's more complicated than just that the purchase price needs to come down. If the purchase price was far higher than the cost of building new homes (including land, site prep, utilities, infrastructure, etc.), then we could just build a ton of new housing stock. In many parts of the country, the purchase price of a home is lower than the all in cost of replacement. 

 

I just asked chatGPT about the net increase in the housing stock, and it's currently running 1-1.3 million a year (if chatGPT is to be trusted, and I thought I'd rather take the easy way out rather than dig through Fred) on a housing stock of about 150 million. So well below 1% net increase in the housing stock. I also asked ChatGPT what the population increase has looked like since Trump took office the second time (at which point it slowed down for obvious reasons), and that's supposedly averaged around 0.4%. 

 

Another factor, is that single member or single parent households have been exploding over the last several decades, so unless that demographic changes, there are more homes needed per person. 

 

Why would the purchase price come down (barring financial  or real estate crisis) if there's a structural shortage of homes, we aren't building them fast enough, and the price of building a home is equal to or higher than buying one? To me, it seems like the most likely scenario is that housing/rent continues to eat up a larger share of budgets than it did in the past. 

[Spekulatius]

4 hours ago, cubsfan said:

 

Heck LC, that's minor league stuff.

 

The major league catastrophe is driving the average age of first time home buyers to 40 years old - by unleashing 21% inflation during Biden's term and then letting 20 million illegals waltz into the country.

 

Nothing like destroying the American dream of home ownership while driving rents through the roof.   

 

Don't worry though - your buddy Mandami has a solution - rent  controls... and Trump sealed the border shut....

The inflation actually started under Trump and COVID. Pretty much every country saw inflation so it’s wasn’t unique to the US economy . The second stimulus package from Biden was a mistake and made it worse  but since even economies that didn’t do a stimulus booster also had inflation, it’s hard to argue that this is the main cause.

 

Also your 20 million illegals umring if Biden’s. Terms are pretty  much twice the estimates.

 

The bigger issue for Trump is that the K shaped economy gets more pronounced. Also with the latest increase in inflation, the real buying power of wages started to shrink again. This is particular true for the bottom 50%.

[cubsfan]

8 minutes ago, Spekulatius said:

The inflation actually started under Trump and COVID. Pretty much every country saw inflation so it’s wasn’t unique to the US economy . The second stimulus package from Biden was a mistake and made it worse  but since even economies that didn’t do a stimulus booster also had inflation, it’s hard to argue that this is the main cause.

 

Also your 20 million illegals umring if Biden’s. Terms are pretty  much twice the estimates.

 

The bigger issue for Trump is that the K shaped economy gets more pronounced. Also with the latest increase in inflation, the real buying power of wages started to shrink again. This is particular true for the bottom 50%.

 

Obviously you don't know what you are talking about.  Biden's SECOND year in office printed 8%+ inflation - a clear disaster - when there was NO need for any stimulus. You don't stimulate a fast recovering economy.

 

When you add 10-20 million new residents to the housing/rent market - rents/housing prices explode.

 

You can put lipstick on the Biden pig all you like - it's still a pig.

 

 

[Sloanes Teddy]

Cubs, no one on this board, save you, thinks the economy runs on the election calendar. Inflation created by the Biden administration flowed into Trump's second term, just as it flowed into Biden from Trump's first. 

 

Also, your syntax makes your posts read like you are an asshat. And I don't think you are! Why would you address Spek with an opening sentence like that?? I love the exchange of ideas and the vastly differing opinions. The message would be better received if toned down a bit.

[flesh]

The inflation was an own goal. Trump shut things down did a little stimmy, bad but made more sense when apparently people thought there were so many unknows, and politically because he would be the only who didn't. Then biden, when the coast was clear, loaded up lots of stimmy, unnecessarily and without a meritable argument at the time. 

 

Also, in general lefty states wanted to stay closed vs rightie, counterfactually if trump won, would things of opened up sooner if most of his base wanted it? Yes, question is how quickly, would that have reduced inflation, having companies open? I don't know a single righty who didn't say they wanted things opened. 

 

78 year olds with 2.5 co morbities/similar could have been taken care of cheaply.