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TRIGGER WARNING: Trumponomics Is Making America Wealthier

M

m.knox

All-Conference
Aug 20, 2003
4,824
4,889
113
Poor libtards will lose their $hite with someone suggesting Americans of ALL races, sexes, religions are getting wealthier.

Trumponomics Is Making America Wealthier

The booming stock market has lifted the wealth of American households. The latest NY Fed numbers for the second quarter show an increase in net worth of about $12.8 trillion. That’s a 7% increase in a single quarter. Total value of American assets is now just shy of $200 trillion.
 
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An Iowa fan

An Iowa fan

Junior
Dec 12, 2019
275
269
63
m.knox said:
Poor libtards will lose their $hite with someone suggesting Americans of ALL races, sexes, religions are getting wealthier.

Trumponomics Is Making America Wealthier

The booming stock market has lifted the wealth of American households. The latest NY Fed numbers for the second quarter show an increase in net worth of about $12.8 trillion. That’s a 7% increase in a single quarter. Total value of American assets is now just shy of $200 trillion.
Click to expand...
We have not seen anything yet. What is sad is that most of the negative libs will miss the big up coming. Liberals are negative people.
 
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M

m.knox

All-Conference
Aug 20, 2003
4,824
4,889
113
Huey Grey 2 said:
Most people don't even make $25 an hour. Meanwhile Trump has made at least $2 billion since becoming president. He doesn't care about Americans. He only cares about using us to make himself richer.
Click to expand...

HE ONLY CARES ABOUT HIMSELF!!! LMFAO..

You cultists make me laugh.
 
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K

Knickslions69

All-Conference
Oct 12, 2021
881
1,536
93
m.knox said:
Poor libtards will lose their $hite with someone suggesting Americans of ALL races, sexes, religions are getting wealthier.

Trumponomics Is Making America Wealthier

The booming stock market has lifted the wealth of American households. The latest NY Fed numbers for the second quarter show an increase in net worth of about $12.8 trillion. That’s a 7% increase in a single quarter. Total value of American assets is now just shy of $200 trillion.
Click to expand...
lol you’re grasping at straws my friend.
 
nytigerfan

nytigerfan

Heisman
Dec 9, 2004
10,568
14,086
102
m.knox said:
Poor libtards will lose their $hite with someone suggesting Americans of ALL races, sexes, religions are getting wealthier.

Trumponomics Is Making America Wealthier

The booming stock market has lifted the wealth of American households. The latest NY Fed numbers for the second quarter show an increase in net worth of about $12.8 trillion. That’s a 7% increase in a single quarter. Total value of American assets is now just shy of $200 trillion.
Click to expand...

Poor magats will lose their $hite with someone suggesting Americans of ALL races, sexes, religions got wealthier.

Bidenomics Made America Wealthier

The booming stock market under Biden lifted the wealth of American households. The NY Fed numbers from 2021 to 2024 show an increase in net worth of about $33 trillion. That’s a 20% increase.
 
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M

m.knox

All-Conference
Aug 20, 2003
4,824
4,889
113
nytigerfan said:
Poor magats will lose their $hite with someone suggesting Americans of ALL races, sexes, religions got wealthier.

Bidenomics Made America Wealthier

The booming stock market under Biden lifted the wealth of American households. The NY Fed numbers from 2021 to 2024 show an increase in net worth of about $33 trillion. That’s a 20% increase.
Click to expand...

Bidenflation made Americans of ALL races, sexes and religions wealthier? I didn't know that.
 
nytigerfan

nytigerfan

Heisman
Dec 9, 2004
10,568
14,086
102
m.knox said:
Bidenflation made Americans of ALL races, sexes and religions wealthier? I didn't know that.
Click to expand...

Yes, I know honesty is not your thing, but when Biden left office, inflation was at 3%, and the Fed had just cut rates by 50 basis points. Inflation is now 3.4%, and the Fed is preparing to raise interest rates. Thank you for your attention to this matter.
 
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B

baltimorened

All-American
May 29, 2001
8,448
6,297
113
dpic73 said:
I don't know about you but I'm well diversified and I'm down 10% since the beginning of June. Returns under Trump aren't anything to write home about.
Click to expand...
I'm diversified also, I'm done 1.4%...but I'm retired and have a portfolio of 50-50...and bought annuities back during the financial crisis that have a 5% guaranteed annual return and the second has 6%....so I give up on the upside to protect on the downside.

Not too happy about what's going on. "Experts" say that the economy is strong, so they know more than I...but I see higher than necessary inflation, high prices everywhere, mortgage rates at about 7%.....increasing debt....maybe strong, but boy it sure seems as if we have problems
 
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M

m.knox

All-Conference
Aug 20, 2003
4,824
4,889
113
nytigerfan said:
Yes, I know honesty is not your thing, but when Biden left office, inflation was at 3%, and the Fed had just cut rates by 50 basis points. Inflation is now 3.4%, and the Fed is preparing to raise interest rates. Thank you for your attention to this matter.
Click to expand...

Don't play dumb. For a entire year it was over 7%. That's baked in today. They only way to reverse inflation is deflation.

Here. I'll help you smarten up.

https://tradingeconomics.com/united-states/inflation-cpi
 
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dpic73

dpic73

Heisman
Jul 27, 2005
34,733
31,570
113
baltimorened said:
I'm diversified also, I'm done 1.4%...but I'm retired and have a portfolio of 50-50...and bought annuities back during the financial crisis that have a 5% guaranteed annual return and the second has 6%....so I give up on the upside to protect on the downside.

Not too happy about what's going on. "Experts" say that the economy is strong, so they know more than I...but I see higher than necessary inflation, high prices everywhere, mortgage rates at about 7%.....increasing debt....maybe strong, but boy it sure seems as if we have problems
Click to expand...
Post pandemic inflation, I didn't have to worry about it.


Biden's last two years performed significantly better than Trump's second term has so far.
When comparing the explosive second half of Biden's administration to the first 20 months of Trump's current term, the historical data highlights a clear difference:

📊 S&P 500 Performance Comparison

Presidential TimeframeApproximate Start PriceApproximate End PriceTotal Return Rate
Biden's Last 2 Years
(Jan 2023 – Jan 2025)		3,9725,996~51%
Trump's Second Term So Far
(Jan 2025 – Sept 2026)		6,0497,620~26%
 
S

scotchtiger

Heisman
Dec 15, 2005
135,237
23,436
113
Huey Grey 2 said:
Most people don't even make $25 an hour. Meanwhile Trump has made at least $2 billion since becoming president. He doesn't care about Americans. He only cares about using us to make himself richer.
Click to expand...

Hmm. Not true for full-time workers.

Median earnings for full-time wage and salary workers: $1,251/week in Q2 2026. Assuming a 40-hour week, that's equivalent to about $31.28/hour, or roughly $65,052/year.
 
P

PedMaller

All-Conference
Sep 4, 2021
2,254
2,263
113
dpic73 said:
Post pandemic inflation, I didn't have to worry about it.


Biden's last two years performed significantly better than Trump's second term has so far.
When comparing the explosive second half of Biden's administration to the first 20 months of Trump's current term, the historical data highlights a clear difference:

📊 S&P 500 Performance Comparison

Presidential TimeframeApproximate Start PriceApproximate End PriceTotal Return Rate
Biden's Last 2 Years
(Jan 2023 – Jan 2025)		3,9725,996~51%
Trump's Second Term So Far
(Jan 2025 – Sept 2026)		6,0497,620~26%
Click to expand...
Look at you cherry picking just the last two years! How did his first two years go? 😂
 
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B

baltimorened

All-American
May 29, 2001
8,448
6,297
113
dpic73 said:
Post pandemic inflation, I didn't have to worry about it.


Biden's last two years performed significantly better than Trump's second term has so far.
When comparing the explosive second half of Biden's administration to the first 20 months of Trump's current term, the historical data highlights a clear difference:

📊 S&P 500 Performance Comparison

Presidential TimeframeApproximate Start PriceApproximate End PriceTotal Return Rate
Biden's Last 2 Years
(Jan 2023 – Jan 2025)		3,9725,996~51%
Trump's Second Term So Far
(Jan 2025 – Sept 2026)		6,0497,620~26%
Click to expand...
you might be a little selective in your years..yes last two years of Biden were very good, but 2022 was a bummer and wiped out some prior year gains. But I doubt if even the Lord God were president then we would have had a positive market. I'm doing OK so far under trump...I'm meeting my objectives for growth even as I take out the RMD.
But, it's a shame financially that were in the war...I think of what might have been..inflation coming down, good job market, stock market doing well....OH well, there's always next year (as we say in college football)
 
dpic73

dpic73

Heisman
Jul 27, 2005
34,733
31,570
113
baltimorened said:
you might be a little selective in your years..yes last two years of Biden were very good, but 2022 was a bummer and wiped out some prior year gains. But I doubt if even the Lord God were president then we would have had a positive market. I'm doing OK so far under trump...I'm meeting my objectives for growth even as I take out the RMD.
But, it's a shame financially that were in the war...I think of what might have been..inflation coming down, good job market, stock market doing well....OH well, there's always next year (as we say in college football)
Click to expand...
Yes, I am and I spelled that out in my first sentence.

dpic73 said:
Post pandemic inflation, I didn't have to worry about it.

Click to expand...
Woulda , coulda, shoulda but he didn't care and that's the problem.
 
B

baltimorened

All-American
May 29, 2001
8,448
6,297
113
dpic73 said:
Yes, I am and I spelled that out in my first sentence.


Woulda , coulda, shoulda but he didn't care and that's the problem.
Click to expand...
he certainly doesn't show that he cares..on that I agree....It's hard to understand how on the one hand you want to control inflation and on the other raise tariffs and increase prices to consumers...I'm sure it makes sense to someone....

Same with deficits and debt..we can't keep reducing taxes and increase spending and expect results different from what we have today....

Form my perspective where we are right now is crazy
 
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M

m.knox

All-Conference
Aug 20, 2003
4,824
4,889
113
fsu1jreed said:
Even much of that due to Trump
Click to expand...

LOL... No, not really.

The COVID relief under Trump was predicated on millions of people becoming instantly unemployed.

The COVID relief under Biden was predicated on the love of democrats to feel good about themselves via government spending. Thank God for Sinema and Manchin or it would have been worse. Way worse.
 
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nytigerfan

nytigerfan

Heisman
Dec 9, 2004
10,568
14,086
102
m.knox said:
LOL... No, not really.

The COVID relief under Trump was predicated on millions of people becoming instantly unemployed.

The COVID relief under Biden was predicated on the love of democrats to feel good about themselves via government spending. Thank God for Sinema and Manchin or it would have been worse. Way worse.
Click to expand...

Ahhh. more dishonesty. In Oct 2020 trump pushed congress to increase stimulus checks form $600 to $2000 per person. Thank God for the congress or it would have been worse. way worse.

So, do you think Trump's $5k checks ($1.3T) are going to help inflation?
 
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M

m.knox

All-Conference
Aug 20, 2003
4,824
4,889
113
nytigerfan said:
Ahhh. more dishonesty. In Oct 2020 trump pushed congress to increase stimulus checks form $600 to $2000 per person. Thank God for the congress or it would have been worse. way worse.

So, do you think Trump's $5k checks ($1.3T) are going to help inflation?
Click to expand...

Under Trump, ~$3.1 T was spent. Under Biden, ~$2.1 T was spent. ~$2,1 T that didn't need to be spent......

I know you hate Trump, but you have to stop your emotional outbursts when presented with facts. Biden threw gas on the fire. Period. His 12 months of > 7% inflation are his and his alone, and we are still paying for it.
 
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Scrubby

Scrubby

Heisman
Jul 2, 2025
11,338
14,840
113
Biden
nytigerfan said:
Biden had the inflation rate going down, down, down. Then trump has the rate going up. TRUMPFLATION. Those are facts, and they are not up for debate.
Click to expand...
Biden drove inflation up to 9.1% lol have fun running that victory lap though 😂
 
Scrubby

Scrubby

Heisman
Jul 2, 2025
11,338
14,840
113
m.knox said:
Under Trump, ~$3.1 T was spent. Under Biden, ~$2.1 T was spent. ~$2,1 T that didn't need to be spent......

I know you hate Trump, but you have to stop your emotional outbursts when presented with facts. Biden threw gas on the fire. Period. His 12 months of > 7% inflation are his and his alone, and we are still paying for it.
Click to expand...
Don’t forget that Trump left one trillion in cash reserves for Biden IF it was needed (it wasn’t). Trump gets penalized for that and that $ counts towards his total in the record books but it was Biden who actually spent it on nothing along with the rest that you mentioned.
 
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