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stollen

(1,047 posts)
Sat May 17, 2025, 07:49 AM May 2025

How Biden's last year in office affected me [View all]

Despite having to govern in the shadow of a Trump/COVID recession, Biden's ability to hire the best people and work with them constructively FOR THE PEOPLE contributed to the value of my Thrift Savings Plan by $200,000 IN ONE YEAR.

I'd contributed max to my Thrift Savings Plan starting shortly after my favorite fund's inception, in 1988, the price per share lower than $10. Its high in Biden's last year of office was $98/share.

Trump II arrives. In 3 months my favorite fund drops to approx $70/share, a loss of roughly half of the 2024 earnings. That's wonderful if you have access to insider trading like MTG. I don't because I'm "We the People," not a member of the ruling class or a prostitute to them.

This means that a democratic president on supposed "life support" -- who doesn't recognize George Clooney or Jesus Christ on a pogo stick -- can run an economy better than a twice impeached, 34 count indicted republican president/felon with six Chapter 11s under his ever-expanding belt of life's failures.

That's what I'll remember about Joe Biden.

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