Biden’s economy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:While the idiots on the left are hyping lower inflation, this chart shows otherwise. Rent and food continue to rise

So the food producers and retailers report record profits while the wholesale prices fall and this is whose fault exactly?

Could the record profits people please post evidence in terms of higher earnings per share for the companies they say are price gouging?

go to any stock market site and look at the headlines or search the companies, exxon, or albertsons or target the retail stocks did very well this quarter and year. Those record profits are basically your inflation. The president doesn't control what companies charge consumers...that would be socialism.

[Anonymous]

[Anonymous]

PPI up 1.3% from a year ago. Core PPI 2.4%.

This reading I believe puts an end to the 2-year inflation surge. Back to business as usual on the inflation front.

Combine this with strong wage growth, exceptional job gains, low unemployment, and what is a manufacturing boom and the US is currently the best performing advanced economy in the world!

[Anonymous]

Anonymous wrote:PPI up 1.3% from a year ago. Core PPI 2.4%.

This reading I believe puts an end to the 2-year inflation surge. Back to business as usual on the inflation front.

Combine this with strong wage growth, exceptional job gains, low unemployment, and what is a manufacturing boom and the US is currently the best performing advanced economy in the world!

I WAS PROMISED A RECESSION!

[Anonymous]

Anonymous wrote:

Anonymous wrote:PPI up 1.3% from a year ago. Core PPI 2.4%.

This reading I believe puts an end to the 2-year inflation surge. Back to business as usual on the inflation front.

Combine this with strong wage growth, exceptional job gains, low unemployment, and what is a manufacturing boom and the US is currently the best performing advanced economy in the world!

I WAS PROMISED A RECESSION!

Bloomberg last year gave a 100% probability of a recession by last month. Crazy, a 100% probability, never heard of anything like that before!

Have we ever had so many predictions of a recession for so long a time? I guess if you predict a recession all time, eventually you will be right and get to say I told you so! (Probably the next time a Republican is in office, like the last few recessions).

[Anonymous]

Anonymous wrote:

Anonymous wrote:PPI up 1.3% from a year ago. Core PPI 2.4%.

This reading I believe puts an end to the 2-year inflation surge. Back to business as usual on the inflation front.

Combine this with strong wage growth, exceptional job gains, low unemployment, and what is a manufacturing boom and the US is currently the best performing advanced economy in the world!

I WAS PROMISED A RECESSION!

If the GOP plays with a government shutdown or debt ceiling BS, they could still cause one. But otherwise, the Biden Administration has played this out perfectly.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PPI up 1.3% from a year ago. Core PPI 2.4%.

This reading I believe puts an end to the 2-year inflation surge. Back to business as usual on the inflation front.

Combine this with strong wage growth, exceptional job gains, low unemployment, and what is a manufacturing boom and the US is currently the best performing advanced economy in the world!

I WAS PROMISED A RECESSION!

If the GOP plays with a government shutdown or debt ceiling BS, they could still cause one. But otherwise, the Biden Administration has played this out perfectly.

+1

And had Trump won in 2020, we’d be far worse off. In no way is that billionaire’s little servant equipped to do anything but give tax cuts to billionaires and big businesses. Inflation would be through the roof.

[Anonymous]

this could easily go in the whistleblower thread as well, given the china-biden conspiracy theories

[Anonymous]

Anonymous wrote:this could easily go in the whistleblower thread as well, given the china-biden conspiracy theories

Well how-de-dooooo. That seems like pretty big news.

And here’s why it’s bad for Democrats in general, but Biden in particular… /

[Anonymous]

Another reminder that a recession is near

[Anonymous]

Anonymous wrote:Another reminder that a recession is near

JFC do you want inflation to go down or not?

[Anonymous]

Anonymous wrote:Another reminder that a recession is near

The whole point of raising interest rates are what you are seeing in those curves. As they decline, the interest rates will also come down. Its called a 'soft landing" in the post COVID bust that Trump left.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Another reminder that a recession is near

JFC do you want inflation to go down or not?

They don’t actually care. No matter what happens, it is bad and bidens fault.

[Anonymous]

Anonymous wrote:this could easily go in the whistleblower thread as well, given the china-biden conspiracy theories

It just seems bizarre that maga s have gone silent on this point. This seems like Biden and his focus on American manufacturing is having a positive effect but it seems like the resident economic doomsayers have nothing to say.

[Anonymous]

Thanks Brandon