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  1. Scheme

    Economy Joe Biden's America...

    Why are you ignoring my data points from the links? The inflation adjusted S&P 500 link that I am posting shows exactly what I said. It is down since November 2021 through the first few days of January 2022. Dow Jones (which is what the topic is about) is down from various points in the May...
  2. Scheme

    Economy Joe Biden's America...

    Why are you contextualizing this whole thing around Biden? My original post wasn't about Biden at all until you people brought him up. And here, let me do the very basic research you seem to have failed to perform. The original topic was about the Dow Jones. From May 2021 to December 2021 it...
  3. Scheme

    Economy Joe Biden's America...

    Because that was the year that the stock market was higher? Don't you think it's important context to point out that the stock market hasn't hit record highs when adjusted for inflation in a topic about the Dow Jones hitting record highs?
  4. Scheme

    Economy Joe Biden's America...

    When did I say there were no gains during Biden's term? I said since 2021 (when the indices peaked) there have been no gains when adjusted for inflation. I didn't bring up Biden until someone else did. My original post did not mention any president. Here, let me remind you: The first time I...
  5. Scheme

    Economy Joe Biden's America...

  6. Scheme

    Economy Joe Biden's America...

    Trump's presidency ended at the height of the pandemic and the majority of the lockdowns (which would have had the most impact on the economy) ended by the time he was out of office. The bulk of the COVID-19 vaccines started being administered in February 2021 and onward, which was a key tool...
  7. Scheme

    Economy Joe Biden's America...

    I agree that presidents don't have a huge effect on the stock market. They do set some economic policies that contribute to it. However, I never mentioned Biden in my original post. I simply showed that the stock market has not improved since 2021 when you adjust for inflation. Do you not think...
  8. Scheme

    Economy Joe Biden's America...

    Do any of you have anything to say about: Or do you guys just show up in threads and circle-jerk each other to misleading information?
  9. Scheme

    Economy Joe Biden's America...

    The Dow actually went up significantly under Trump when adjusted for inflation. From 25,644 on January 2017 to 35,949 on January 2021. That's an increase of 40%. Under Biden, the Dow Jones went from 35,949 on January 2021 to 39,869 today (as per...
  10. Scheme

    Economy Joe Biden's America...

    The inflation adjusted value of the S&P 500 in January 2022 was 5393.35. The value of the S&P 500 as of today is 5297.10. The collective value of companies that the S&P 500 tracks (the 500 largest companies in America) has gone done since 2021. The fact that you made money is irrelevant, people...
  11. Scheme

    Economy Joe Biden's America...

    Your 401k isn't higher than it was in 2021 if you follow the major indices. It is lower now. It only appears higher because of inflation. Sorry that you are too dumb to realize that and prefer to get your information from news headlines. In fact, if you look back at my inflation adjusted...
  12. Scheme

    Economy Joe Biden's America...

    Sorry that the facts hurt your feelings.
  13. Scheme

    Economy Joe Biden's America...

    While the stock market as of recent has been doing decent, it's largely driven by speculative AI investments. If those investments don't result in substantial growth we are going to see the tech bubbles burst. Also, inflation adjusted, the major indices show we are at the same point or lower...
  14. Scheme

    Jon Jones is a fraud! khabib is the GOAT

    Most fighters that people consider to be GOATs have lots of wins that can be down-played. It's why they went undefeated for so long, because they generally were fighting fighters who were either not that good, inexperienced or past their prime. MMA fans are like boxing fans where if a fighter...
  15. Scheme

    Economy Red Lobster closing more than 50 restaurants auctioning off furniture and equipment as it prepares to file for bankruptcy

    The stock markets are currently propped up by AI speculation. If you look at ETFs that track S&P 500 or Dow Jones non-tech companies you will see that when you adjust for inflation, those indices are doing worse off than a few years ago. And I believe that many restaurants are also cutting back...
  16. Scheme

    Economy Red Lobster closing more than 50 restaurants auctioning off furniture and equipment as it prepares to file for bankruptcy

    I mean he isn't wrong in his original post, it's just that he omits the fact that at the expense of the average consumer we add protectionism for American workers and jobs. Whether that's a net benefit to society is debatable, but I don't think people will argue that having a larger domestic...
  17. Scheme

    Economy CBC: "this is not the jobs report of a weak economy"

    It's also worth noting that Canadian GDP per capita has now shrunk 5 of the past 6 quarters (as of April 24, 2024 StatsCan report): https://www150.statcan.gc.ca/n1/pub/36-28-0001/2024004/article/00001-eng.htm
  18. Scheme

    Economy CBC: "this is not the jobs report of a weak economy"

    While it seems decent for full-time work, it's a seasonally unadjusted view of a single month and the majority of the job creations were part-time work. Also, unemployment % (while a flawed statistic) remained the same at 6.1%. The theme being likely that the insanely high immigration rates...
  19. Scheme

    Elections That time Jon McCain founded MAGA

    My avatar isn't Mitch McConnel buddy, it's Klaus Schwab and I only sport it in irony. And note that I said every president in the past few decades, that includes many Republican presidents. And John McCain was probably even more of a vicious warmonger than Obama. Maybe he was calling him decent...
  20. Scheme

    Elections That time Jon McCain founded MAGA

    Obama is a decent person. Especially the illegal wars he started without Congressional approval, leading to open air slave markets, mass starvation and destabilization in the Middle East and Africa. Don't forget about the many civilians he blew up as he helped ramp up drone strikes. Anyone who...
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