Biden’s economy

[Anonymous]

Anonymous wrote:Call the terrible divisive communal riots that we were warned could happen under Trump are happening under Biden right now.

A handful of campus protests are not the same.

What is the same is the struggle against tyranny and oppression. On the one hand, the white police officers murdering black citizens and on the other the plight of the Palestinian people.

[Anonymous]

Today a $6 billion bank was seized by the FDIC. You will be seeing many more over the next several months

[Anonymous]

Anonymous wrote:

Anonymous wrote:Southwest Airlines Cutting 2,000 Jobs And Leaving 4 Airports Amid Boeing Woes—And Cost-Cutting Drive

https://www.forbes.com/sites/segunolakoyenikan/2024/04/25/southwest-airlines-will-slash-2000-jobs-amid-delayed-boeing-deliveries/?sh=56e29d0c50bf


UPDATED: Bristol Myers cutting $1.5B in costs in less than 2 years, with 2,200 employees impacted in 2024

https://www.fiercebiotech.com/biotech/bristol-myers-cutting-15b-costs-less-two-years-2000-plus-employees-impacted-2024


Textron to cut 1,500 jobs as program cancellations, weak demand hit results

https://finance.yahoo.com/news/textron-cut-1-500-jobs-130832057.html


Whirlpool Is Cutting 1,000 Jobs as US Appliance Demand Remains Stagnant

https://www.bnnbloomberg.ca/whirlpool-is-cutting-1-000-jobs-as-us-appliance-demand-remains-stagnant-1.2063492


SunPower to Cut Almost One-Third of Workforce

https://finance.yahoo.com/news/sunpower-cut-almost-one-third-142929724.html


UPMC to layoff at least 1,000 people, cites ongoing post-pandemic challenges

https://finance.yahoo.com/news/upmc-layoff-least-1-000-152759439.html

You are citing the loss of like 10,000 jobs in a sea of consecutive months of 200,000+ sustained expansion of jobs. This has been the greatest expansion jobs in decades.

Nope. Revisions are at hand......

For 2023 Q3, the BED reports shows gross job gains of 7.559 million and gross job losses of 7.751 million for a net loss of 192,000 jobs.

https://www.bls.gov/bdm/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Southwest Airlines Cutting 2,000 Jobs And Leaving 4 Airports Amid Boeing Woes—And Cost-Cutting Drive

https://www.forbes.com/sites/segunolakoyenikan/2024/04/25/southwest-airlines-will-slash-2000-jobs-amid-delayed-boeing-deliveries/?sh=56e29d0c50bf


UPDATED: Bristol Myers cutting $1.5B in costs in less than 2 years, with 2,200 employees impacted in 2024

https://www.fiercebiotech.com/biotech/bristol-myers-cutting-15b-costs-less-two-years-2000-plus-employees-impacted-2024


Textron to cut 1,500 jobs as program cancellations, weak demand hit results

https://finance.yahoo.com/news/textron-cut-1-500-jobs-130832057.html


Whirlpool Is Cutting 1,000 Jobs as US Appliance Demand Remains Stagnant

https://www.bnnbloomberg.ca/whirlpool-is-cutting-1-000-jobs-as-us-appliance-demand-remains-stagnant-1.2063492


SunPower to Cut Almost One-Third of Workforce

https://finance.yahoo.com/news/sunpower-cut-almost-one-third-142929724.html


UPMC to layoff at least 1,000 people, cites ongoing post-pandemic challenges

https://finance.yahoo.com/news/upmc-layoff-least-1-000-152759439.html

You are citing the loss of like 10,000 jobs in a sea of consecutive months of 200,000+ sustained expansion of jobs. This has been the greatest expansion jobs in decades.

Nope. Revisions are at hand......

For 2023 Q3, the BED reports shows gross job gains of 7.559 million and gross job losses of 7.751 million for a net loss of 192,000 jobs.

https://www.bls.gov/bdm/

oops. Forgot to source it: https://mishtalk.com/economics/expect-big-negative-revisions-to-bls-monthly-jobs-in-2023-gdp-too/

[Anonymous]

“bidenomics” has been dropped by the regime since the economy sucks even worse than the border, or world peace or life expectancy drop.

It’s a real accomplishment to suck at everything

[Anonymous]

Anonymous wrote:
“bidenomics” has been dropped by the regime since the economy sucks even worse than the border, or world peace or life expectancy drop.

It’s a real accomplishment to suck at everything

Yes we can!!

[Anonymous]

U.S. economic growth slowed dramatically in first quarter of 2024, with inflation-weary consumers tightening their belts and spending less, the government reported on Thursday.

Inflation showed few signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that price pressures remain elevated.

The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, the same as in February, the Commerce Department reported Friday. That was above the 2.7% estimate from the Dow Jones consensus.

https://www.cnbc.com/amp/2024/04/26/pce-inflation-march-2024-key-fed-inflation-measure-rose-2point8percent.html

[Anonymous]

https://www.nerdwallet.com/article/finance/price-of-food

[Anonymous]

You know this is NOT sustainable.

"Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall."

https://edition.cnn.com/2024/04/24/business/ford-earnings-ev-losses/index.html

[Anonymous]

Anonymous wrote:You know this is NOT sustainable.

"Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall."

https://edition.cnn.com/2024/04/24/business/ford-earnings-ev-losses/index.html

Half of ford dealerships have opted out of the million dollar investment needed to provide service to ford electric vehicles, good luck finding a dealership to service your fab electric vehicle. Progress!

[Anonymous]

I'm not door dashing anything. I'm going to go get it myself. The whole change in expectations over the past couple of decades is unacceptable.

You don't feed your kid breakfast, they don't eat. Let them report it to DCF. Take the kid away. A few stories like that and we'll get back to individual responsibility and not this collectivized BS where we have to take the lowest common denominator in society (AKA the morons).

Time for a little tough love and not just handing things to people. You want success, you work for it or suffer.

[Anonymous]

Anonymous wrote:
“bidenomics” has been dropped by the regime since the economy sucks even worse than the border, or world peace or life expectancy drop.

It’s a real accomplishment to suck at everything

counterpoint

[Anonymous]

Anonymous wrote:

Anonymous wrote:You know this is NOT sustainable.

"Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall."

https://edition.cnn.com/2024/04/24/business/ford-earnings-ev-losses/index.html

Half of ford dealerships have opted out of the million dollar investment needed to provide service to ford electric vehicles, good luck finding a dealership to service your fab electric vehicle. Progress!

Those are stuipd business men making decisions that will take their product out of the marketplace within a decade.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You know this is NOT sustainable.

"Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall."

https://edition.cnn.com/2024/04/24/business/ford-earnings-ev-losses/index.html

Half of ford dealerships have opted out of the million dollar investment needed to provide service to ford electric vehicles, good luck finding a dealership to service your fab electric vehicle. Progress!

Those are stuipd business men making decisions that will take their product out of the marketplace within a decade.

Yes, businesses are there to lose money hand over fist.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You know this is NOT sustainable.

"Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall."

https://edition.cnn.com/2024/04/24/business/ford-earnings-ev-losses/index.html

Half of ford dealerships have opted out of the million dollar investment needed to provide service to ford electric vehicles, good luck finding a dealership to service your fab electric vehicle. Progress!

Those are stuipd business men making decisions that will take their product out of the marketplace within a decade.

Yes, businesses are there to lose money hand over fist.

They are making a decision based on politics rather than reality. The Ford EV pick-up is very popular and those in rural areas have enough land to power it via solar, thus never having to top off a tank of gas again. That some dealers are making this decision to "f brandon" is not about making or losing money.