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Topic: Does Joe Biden have the Mental Capacity to be the President of the US?

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Honestbuckeye

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Re: Does Joe Biden have the Mental Capacity to be the President of the US?
« Reply #168 on: July 06, 2024, 09:43:28 AM »
This is your view, based on your experience and background/living?
this is my view based on the very granular and up to date data I see.  I would love to share it but it is proprietary ( it would get me fired).  But it is public data, just assembled in a way to tell you what is going on out there.

It is not "horrible" by any stretch but it is not good, and trending the wrong way.   in general, People don't understand what the debt is doing to us, and they don't understand the business climate's impact on consumers. And mostly- they dont understand how much impact the housing market has on everything else.
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Cincydawg

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Re: Does Joe Biden have the Mental Capacity to be the President of the US?
« Reply #169 on: July 06, 2024, 09:57:29 AM »
I've lived through four major recessions since I knew about such things.  This isn't one (yet).  I think the economy is in OK shape.  I didn't think it was somehow great under Trump, it basically carried on as it was doing under Obama until COVID hit.  GDP growth is obviously one important metric, and it's doing decently well.  You wouldn't see the stock market where it is in a real recession.  I don't think construction around where we live would be as it is in a recession, and these are developers building now in expectation that things 2-3 years out will still be decent.  I'm even seeing new Class A office space being built (which puzzles me).

Partisans will say if our guy is elected, everything will be grand, and if the other guys is elected, it will be a complete catastrophe.  That's just partisan speech to me, I ignore it.

Cincydawg

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Re: Does Joe Biden have the Mental Capacity to be the President of the US?
« Reply #170 on: July 06, 2024, 10:12:27 AM »
Office space vacancy rates are broadly way lower than normal, and that isn't good.


FearlessF

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Re: Does Joe Biden have the Mental Capacity to be the President of the US?
« Reply #171 on: July 06, 2024, 10:14:26 AM »
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847badgerfan

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Re: Does Joe Biden have the Mental Capacity to be the President of the US?
« Reply #172 on: July 06, 2024, 10:18:33 AM »
I don't know why that caught my eye, curiosity I suppose, but what is the data there? Is it too high? Too low?
It's very low. The shopping malls (and even some strip malls) are suffering, and/or going away.

The large mall North from us is converting to affordable residential. The Grand Avenue Mall in Milwaukee is doing the same.

Many, many examples.

Anchor Stores like Bloomies and Macy's are teetering. Sears and Carson's are gone. JCP is close. Without anchors, malls can't make it.
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bayareabadger

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Re: Does Joe Biden have the Mental Capacity to be the President of the US?
« Reply #173 on: July 06, 2024, 10:25:59 AM »
There are liberals who think the economy is bad today. Particularly those who would like to buy a home (like my brother).

We have a housing shortage, especially affordable housing.

A lot of millennials are pretty sour right now. Gen Z is numb.
Hmmm, that's interesting. I've never thought the inability to buy homes was the sign of a "bad" economy. In fact, I've usually felt the opposite. 

I do wonder how much of it long term is the result of policies that try to help non-homeowners while also catering to the wants of homeowners/property owners, i.e. injecting cash to try to avoid dips in property value. I also wonder if there's a workaround that doesn't involve someone taking a bath, and in the end who is forced to take that bath. 

bayareabadger

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Re: Does Joe Biden have the Mental Capacity to be the President of the US?
« Reply #174 on: July 06, 2024, 10:27:52 AM »
It's very low. The shopping malls (and even some strip malls) are suffering, and/or going away.

The large mall North from us is converting to affordable residential. The Grand Avenue Mall in Milwaukee is doing the same.

Many, many examples.

Anchor Stores like Bloomies and Macy's are teetering. Sears and Carson's are gone. JCP is close. Without anchors, malls can't make it.
Shoot, I had a brain fart and didn't read "retail."

Yeah, that's gonna be an interesting transition socially. With movie theaters probably in their twilight too, those spaces will probably just fail, and maybe that's fine in the long term. 

Cincydawg

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Re: Does Joe Biden have the Mental Capacity to be the President of the US?
« Reply #175 on: July 06, 2024, 10:28:30 AM »
Transitional items like shopping malls suffering are not to me a sign of a poor economy, same with office space vacancy rates.

I don't see a "government" solution to the housing shortages.  I think when/if interest rates drop back to 4% or so, it will start to alleviate.

847badgerfan

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Re: Does Joe Biden have the Mental Capacity to be the President of the US?
« Reply #176 on: July 06, 2024, 10:29:59 AM »
Policy stuff like this really should be in our catch-all thread. 
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betarhoalphadelta

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Re: Does Joe Biden have the Mental Capacity to be the President of the US?
« Reply #177 on: July 06, 2024, 10:33:11 AM »
It's very low. The shopping malls (and even some strip malls) are suffering, and/or going away.

The large mall North from us is converting to affordable residential. The Grand Avenue Mall in Milwaukee is doing the same.

Many, many examples.

Anchor Stores like Bloomies and Macy's are teetering. Sears and Carson's are gone. JCP is close. Without anchors, malls can't make it.
Yeah, one of the malls near us was recently bulldozed. For a while they were talking about transforming it, but it would still be a primarily restaurant / retail plan. A couple years back they drastically reduced the retail portion, increasing the amount planned for office/residential spaces. 

That was always one of the weaker malls in the area, but I can say a slightly more ritzy mall also nearby seems to have pretty weak foot traffic any time I've headed that way. 

Malls are dying. Online shopping has really hurt them. Even now, I find my wife semi-frequently goes to the mall--but only because that's the brick & mortar location to return something she bought online and didn't fit or she didn't like. She doesn't actually go shopping there. 

We have a couple that are still healthy. But generally they either have significant restaurant / nightlife options to draw people, or [in one case] is very high end shops that probably don't easily lend themselves to online shopping (i.e. Louis Vuitton, BVLGARI, Jimmy Choo, and a bunch of ones I can't recognize because I'm not a fashionista). 

That said, I'm not sure we can look at the health of malls as a proxy for "the economy". It's not necessarily that people aren't spending, they're just changing the mode of spending to more online and less physical retail. I would think overall consumer spending is the more relevant metric. 

Cincydawg

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Re: Does Joe Biden have the Mental Capacity to be the President of the US?
« Reply #178 on: July 06, 2024, 10:37:44 AM »
Start of North DeKalb Mall demolition draws out politicians, mixed emotions and memories – Decaturish

This mall just got demo'd.  One up in Gwinett is empty.  One in Cincy has been empty for a while now, and another is almost empty.  Malls with few exceptions are goners.  The strip mall near us is always packed, but that's a special situation.

FearlessF

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Re: Does Joe Biden have the Mental Capacity to be the President of the US?
« Reply #179 on: July 06, 2024, 10:51:59 AM »
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Cincydawg

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Re: Does Joe Biden have the Mental Capacity to be the President of the US?
« Reply #180 on: July 06, 2024, 10:58:27 AM »
A nice thing for us about living here is the packages are delivered to the front desk, no porch pirates.  But we see daily the numbers of packages that arrive.  I'm sure it's a massive hit to store retail.  We hardly buy anything at a mall now, or go, my wife goes on occcasion, I have not been inside a mall in .... a long time.  I went with her a while back to take her computer to an Apple Store so they could help fix it.

We went to an outlet mall in Florida, it was crowded.

Cincydawg

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Re: Does Joe Biden have the Mental Capacity to be the President of the US?
« Reply #181 on: July 06, 2024, 11:02:59 AM »
Biden's family trying to get more involved in campaign as long-simmering tensions with aides spill out (cnbc.com)
Biden's family trying to get more involved in campaign as long-simmering tensions with aides spill out (cnbc.com)

“I believe the family has witnessed blunder after blunder by key staff personnel and the debate is likely the straw that broke the camel’s back,” the source said. “Post-debate, the supposed loyal staff, instead of taking responsibility, pointed the finger back at the president and said: ‘His fault.’ I can think of no other singular action that would agitate the Biden family more.” 

The bigger concern now among some of Biden’s inner circle is that the kind of disagreements among them that had long been resolved internally risk playing out in public as pressure on the president mounts. Family conversations have largely centered on how to continue to support the president moving forward, five sources familiar with the matter said.


 

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