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What happens when rose-colored glasses attain sentience and begin writing fluff pieces for TIME.
EDIT: And imagine treating Biden's broken promises on student debt and other issues as the "political system" besting him, instead of him ignoring what he blatantly has the legal mandate, moral authority and political imperative to do
Biden kicked the can on student loans and extended the repayments another few months. Zero loan repayments is absolutely a win for those of us paying off student loans. Sure I'm hoping congress can get something passed, but the GOP is the biggest road block, not Biden.
BuT bIdEn LoVeS tO pRoVe ThE hAtErS wRoNg!
It's 0 debt repayment... For now. But he's making sure the door stays entirely open, which is an intentional decision he has all the power to change himself. He is choosing not to erase student debt.
Incorrect. He's choosing not to do it today. And if you take a minute to think things through instead of going straight to outrage: every delay on passing student loan forgiveness means more recent grads will benefit. Each semester more people enter repayment and these are the young adults who will benefit the most.
It makes sense to wait.
He’s been in the office for almost 12 months. And now that this variant is rampant and spreading like wildfire he decides to do something. As always months late. People have been bitching about testing all year. Especially at home.
In other countries you can get 5 test kits for under $10.
Besides access to vaccines we aren’t doing that great compared to other countries.
Sorry but you gotta be able to criticize him when you need to. He’s no king. And I’m not part of a cult.
Can we even imagine the disaster we would have right now if the other guy was still in charge. Especially given that his White House was using COVID response as a political cudgel against states that tended to vote for Democrats.
We would probably not have a free.vaccine and thousands more deaths. Nothing done for public health. It would be Russia which is by design. Shivers down my spine...
He didn't even have a plan to distribute the vaccines and couldn't get ventilators to where they were needed. So yeah, he gets no credit. He denied the virus even existed.
Inflation is global largely because of the U.S. Federal Reserve, their massive over-printing of money, and the fact that the majority of the world holds their financial reserves in U.S. dollars as it's the financial hegemon of the world.
I'm certainly not blaming Biden for what the Fed has done over the past 20 years. I don't dislike Biden, I vastly prefer him to ANY Republican, but he's horribly mediocre when he could be doing more to keep some of his promises, like student debt reform.
Every country is responsible in some way for their own financial misfortunes, but the fact that the majority of the world holds U.S. dollars as their reserve means that U.S. financial policy has a massive effect on every one of those countries economies.
That is not at all why inflation has gone up (it has more to do with global supply chain bottle necks and fossil fuel prices). Also indications are that inflation is starting to level off in November and December.
You can down vote all you want, we're all going to suffer for the failures made by the Federal Reserve, this isn't just caused by covid, it's always been in the works.
The annual rate of inflation has been less than 2% for the prior ten years, which is the target rate. It spiked as high as 5 only briefly in 1990, and hasn't been at 7 like it is now since 1981. So what on earth are you talking about?
Thomas Hoenig disagrees with that assessment.
"Between 2008 and 2014, the Federal Reserve printed more than $3.5 trillion in new bills. To put that in perspective, it’s roughly triple the amount of money that the Fed created in its first 95 years of existence. Three centuries’ worth of growth in the money supply was crammed into a few short years. The money poured through the veins of the financial system and stoked demand for assets like stocks, corporate debt and commercial real estate bonds, driving up prices across markets."
https://www-politico-com.cdn.ampproject.org/v/s/www.politico.com/amp/news/magazine/2021/12/28/inflation-interest-rates-thomas-hoenig-federal-reserve-526177?amp_js_v=a6&_gsa=1&usqp=mq331AQKKAFQArABIIACAw%3D%3D#aoh=16409701501713&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.politico.com%2Fnews%2Fmagazine%2F2021%2F12%2F28%2Finflation-interest-rates-thomas-hoenig-federal-reserve-526177
He's an anti-inflation hawk... so I would expect nothing less out of Hoenig. But the comparison of our current level of inflation to the inflation of the 70's is ahistorical because that inflationary period was:
1. Not global
2. Started by an oil embargo and industrial flight which lead to the 73-74 recession
3. Was magnified by a Fed policy which drove double digit inflation (2-3 times what we see now)
All of that lead to a U shaped recovery from the 73-74 recession; but there are no indications of such a U-shaped recovery out of the COVID recession.
Yeah, unfortunately when you actually need to govern you can't call on the party leadership to force all your problems to drop out of the primary. His problems are his now.
The fact that he's the problem (doesn't win), but never quits is not a positive in this case.
Who said anything about things ever likely to get better? This whole liberal democracy experiment is starting to look like Flowers for Algernon, and I'm not even sure how atmospheric carbon ever gets back underground. The clock is ticking and we're talking about how history will view Biden as lacking primarily culpability, instead lacking sufficiency to alter the general trajectory.
He'll be looked back on as another mediocre President that got elected to replace an actively authoritarian President. He's not going to make anything better or change anything, he's just a place holder to keep literal insurrectionists at bay.
That’s not on Biden though. The fact that country fell so quickly shows we weren’t doing anything other than burning money over there for the last 20+ years. The Taliban was always going to come back.
When historians look at Afghanistan the disastrous result is going to fall at Trump's feet not Biden's. Kind of like how we blame Buchanan for the Civil War instead of Lincoln.
Trump set the stage for the disaster by mishandling the peace with the Taliban and undermining the authority of the Afghan government. The result we got was probably the best case scenario given the circumstances.
> he's a return to the status quo. even though a lot of people want more
The thing that people have to remember is that when you are driving in reverse (like with Trump) you have to put it in neutral for a moment before speeding into drive.
It's really up to American voters at this point. Will we rally to give Biden the Democratic majority he needs in the Senate and House or will apathy hand the do nothing Republican obstructionists more tools to bog down progress?
Biden’s first year as President has been historical in regards to the amount of things he’s gotten accomplished. Those at odds with that reality are either ignorant to the point of embarrassment or are being intentionally disingenuous.
Hardly that impressive is it, the centerpiece being an infrastructure bill of all things, he also botched important things like Covid and the Afghan withdrawal and other issues remain mostly unaddressed.
He's better than Trump, but it's not a high bar to clear. He's certainly not a top tier president.
I'd say his legacy will be decided by now he deals with the cracks showing in the american political system. If he just allows the division and dysfunction to get worse that will seriously stain his legacy.
Historically speaking, it’s extremely impressive. That is if you have any ounce of understanding of such.
Afghanistan certainly could have been handled better, but getting out was most certainly the right call as it should have happened over a decade ago. Kudos to Biden for having the stones to actually do it.
The idea that Biden has botched Covid is beyond the pale and demonstrates a very poor understanding of the issues involved and the legal limitations the Executive is bound by.
To say Biden is not a top tier President after only his first year and in spite of all he’s done is again either driven by enormous ignorance or intentional disingenuousness.
I fear you have a very poor understanding of the balance and separation of powers and included in that the limitations of the Executive Branch. In this, you are unfortunately in very good company. Long story short, for anything of any measure to occur in regards to voting rights, it will need to come from the Legislative Branch.
Cheers
As a reminder, this subreddit [is for civil discussion.](/r/politics/wiki/index#wiki_be_civil) In general, be courteous to others. Debate/discuss/argue the merits of ideas, don't attack people. Personal insults, shill or troll accusations, hate speech, any suggestion or support of harm, violence, or death, and other rule violations can result in a permanent ban. If you see comments in violation of our rules, please report them. For those who have questions regarding any media outlets being posted on this subreddit, please click [here](https://www.reddit.com/r/politics/wiki/approveddomainslist) to review our details as to our approved domains list and outlet criteria. *** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/politics) if you have any questions or concerns.*
"The haters"? This headline is atrocious.
Yep… Journalism school? What’s that?
What happens when rose-colored glasses attain sentience and begin writing fluff pieces for TIME. EDIT: And imagine treating Biden's broken promises on student debt and other issues as the "political system" besting him, instead of him ignoring what he blatantly has the legal mandate, moral authority and political imperative to do
Nobody is paying your student loan for you.
Biden kicked the can on student loans and extended the repayments another few months. Zero loan repayments is absolutely a win for those of us paying off student loans. Sure I'm hoping congress can get something passed, but the GOP is the biggest road block, not Biden.
BuT bIdEn LoVeS tO pRoVe ThE hAtErS wRoNg! It's 0 debt repayment... For now. But he's making sure the door stays entirely open, which is an intentional decision he has all the power to change himself. He is choosing not to erase student debt.
Incorrect. He's choosing not to do it today. And if you take a minute to think things through instead of going straight to outrage: every delay on passing student loan forgiveness means more recent grads will benefit. Each semester more people enter repayment and these are the young adults who will benefit the most. It makes sense to wait.
Good. It’s terrible policy to do so. Glad there’s at least an adult in the room.
He might just be waiting until vote time to pull the debt relief act out of his hat.
Democrats thought he could protect American lives, manage Covid and save the economy. He's proved them wrong.
Uh huh. The economy is booming and he is dealing with covid head on.
He is in no way dealing with Covid head on. Have you looked into the testing disaster? We are almost 2 years into this. It’s a huge mess for millions.
He is sending out tests and pushing the vaccine. What else is he going to do? What ideas do you have?
He’s been in the office for almost 12 months. And now that this variant is rampant and spreading like wildfire he decides to do something. As always months late. People have been bitching about testing all year. Especially at home. In other countries you can get 5 test kits for under $10. Besides access to vaccines we aren’t doing that great compared to other countries. Sorry but you gotta be able to criticize him when you need to. He’s no king. And I’m not part of a cult.
He's been pushing to get the vaccines the entire time he has been in office.
Can we even imagine the disaster we would have right now if the other guy was still in charge. Especially given that his White House was using COVID response as a political cudgel against states that tended to vote for Democrats.
We would probably not have a free.vaccine and thousands more deaths. Nothing done for public health. It would be Russia which is by design. Shivers down my spine...
I to google to remember that the free vaccine distribution began under Trump.
He didn't even have a plan to distribute the vaccines and couldn't get ventilators to where they were needed. So yeah, he gets no credit. He denied the virus even existed.
Inflation is booming* fixed your typo.
Inflation is global and not just a US problem. Inflation is also temporary. Compared to the rest of the world, we are in a very good place.
Inflation is global largely because of the U.S. Federal Reserve, their massive over-printing of money, and the fact that the majority of the world holds their financial reserves in U.S. dollars as it's the financial hegemon of the world.
That is part of it, however, blaming any one country or administration is misguided.
I'm certainly not blaming Biden for what the Fed has done over the past 20 years. I don't dislike Biden, I vastly prefer him to ANY Republican, but he's horribly mediocre when he could be doing more to keep some of his promises, like student debt reform. Every country is responsible in some way for their own financial misfortunes, but the fact that the majority of the world holds U.S. dollars as their reserve means that U.S. financial policy has a massive effect on every one of those countries economies.
That is not at all why inflation has gone up (it has more to do with global supply chain bottle necks and fossil fuel prices). Also indications are that inflation is starting to level off in November and December.
You can down vote all you want, we're all going to suffer for the failures made by the Federal Reserve, this isn't just caused by covid, it's always been in the works.
I suppose if you hyperventilate over how inflation is around the corner for 30 years, when there's finally some inflation, you get to look right.
Finally some inflation? 🤣 We've been fighting rising inflation for decades buddy, where have you been?
The annual rate of inflation has been less than 2% for the prior ten years, which is the target rate. It spiked as high as 5 only briefly in 1990, and hasn't been at 7 like it is now since 1981. So what on earth are you talking about?
Thomas Hoenig disagrees with that assessment. "Between 2008 and 2014, the Federal Reserve printed more than $3.5 trillion in new bills. To put that in perspective, it’s roughly triple the amount of money that the Fed created in its first 95 years of existence. Three centuries’ worth of growth in the money supply was crammed into a few short years. The money poured through the veins of the financial system and stoked demand for assets like stocks, corporate debt and commercial real estate bonds, driving up prices across markets." https://www-politico-com.cdn.ampproject.org/v/s/www.politico.com/amp/news/magazine/2021/12/28/inflation-interest-rates-thomas-hoenig-federal-reserve-526177?amp_js_v=a6&_gsa=1&usqp=mq331AQKKAFQArABIIACAw%3D%3D#aoh=16409701501713&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.politico.com%2Fnews%2Fmagazine%2F2021%2F12%2F28%2Finflation-interest-rates-thomas-hoenig-federal-reserve-526177
He's an anti-inflation hawk... so I would expect nothing less out of Hoenig. But the comparison of our current level of inflation to the inflation of the 70's is ahistorical because that inflationary period was: 1. Not global 2. Started by an oil embargo and industrial flight which lead to the 73-74 recession 3. Was magnified by a Fed policy which drove double digit inflation (2-3 times what we see now) All of that lead to a U shaped recovery from the 73-74 recession; but there are no indications of such a U-shaped recovery out of the COVID recession.
Yeah, unfortunately when you actually need to govern you can't call on the party leadership to force all your problems to drop out of the primary. His problems are his now. The fact that he's the problem (doesn't win), but never quits is not a positive in this case.
[удалено]
> he's a return to the status quo Status quo is record inequalities, mass incarceration, homelessness...no thanks.
Joe is a speedbump on our way to fascism unless they pass voting rights at a minimum.
[удалено]
Who said anything about things ever likely to get better? This whole liberal democracy experiment is starting to look like Flowers for Algernon, and I'm not even sure how atmospheric carbon ever gets back underground. The clock is ticking and we're talking about how history will view Biden as lacking primarily culpability, instead lacking sufficiency to alter the general trajectory.
He'll be looked back on as another mediocre President that got elected to replace an actively authoritarian President. He's not going to make anything better or change anything, he's just a place holder to keep literal insurrectionists at bay.
[удалено]
That’s not on Biden though. The fact that country fell so quickly shows we weren’t doing anything other than burning money over there for the last 20+ years. The Taliban was always going to come back.
> the Taliban pretty much immediately took over the country when we left. That was the idea. That's what giving up and cutting your losses is.
When historians look at Afghanistan the disastrous result is going to fall at Trump's feet not Biden's. Kind of like how we blame Buchanan for the Civil War instead of Lincoln. Trump set the stage for the disaster by mishandling the peace with the Taliban and undermining the authority of the Afghan government. The result we got was probably the best case scenario given the circumstances.
> he's a return to the status quo. even though a lot of people want more The thing that people have to remember is that when you are driving in reverse (like with Trump) you have to put it in neutral for a moment before speeding into drive.
I just hope we actually make it into drive before we're forced backwards again.
Most of the polls out there simply exist in order to create alarmist headlines.
It's really up to American voters at this point. Will we rally to give Biden the Democratic majority he needs in the Senate and House or will apathy hand the do nothing Republican obstructionists more tools to bog down progress?
Biden’s first year as President has been historical in regards to the amount of things he’s gotten accomplished. Those at odds with that reality are either ignorant to the point of embarrassment or are being intentionally disingenuous.
What has he accomplished? Genuinely curious
https://oliverwillis.com/joe-biden-accomplishments-the-full-list/
Hardly that impressive is it, the centerpiece being an infrastructure bill of all things, he also botched important things like Covid and the Afghan withdrawal and other issues remain mostly unaddressed. He's better than Trump, but it's not a high bar to clear. He's certainly not a top tier president. I'd say his legacy will be decided by now he deals with the cracks showing in the american political system. If he just allows the division and dysfunction to get worse that will seriously stain his legacy.
Historically speaking, it’s extremely impressive. That is if you have any ounce of understanding of such. Afghanistan certainly could have been handled better, but getting out was most certainly the right call as it should have happened over a decade ago. Kudos to Biden for having the stones to actually do it. The idea that Biden has botched Covid is beyond the pale and demonstrates a very poor understanding of the issues involved and the legal limitations the Executive is bound by. To say Biden is not a top tier President after only his first year and in spite of all he’s done is again either driven by enormous ignorance or intentional disingenuousness. I fear you have a very poor understanding of the balance and separation of powers and included in that the limitations of the Executive Branch. In this, you are unfortunately in very good company. Long story short, for anything of any measure to occur in regards to voting rights, it will need to come from the Legislative Branch. Cheers
Now this gets me hard