Biden’s economy

[Anonymous]

Anonymous wrote:

Anonymous wrote:every word of this

https://twitter.com/PrezLives2022/status/1735505186095780214


I was driving home from work listening to Chris Hayes telling America how Biden's economy is killing it by every metric...he also played a clip where even people on Fox were celebrating the economy, maybe not Biden, but the economy.

I decided to look at these metrics because I know Biden is kicking ass, but it appears not enough of us understand the true depths of the amazing job this man is doing...and doing it at 81 years of age.

Bidenomics was Joe's way of saying he was going to grow the economy from the middle out. The man has record low unemployment, increased real wages, the GDP is exploding, inflation continues to drop, and the stock market is setting huge records.

By any metric this is one of the strongest performances of any president in over 100 years and yet only 36 percent of this country thinks he's handling the economy well.

Biden has stated emphatically that you build the economy from the middle out and not top down because the only trickle down from the top is the rich peeing on your shoes. Biden has stated the only way to grow the economy is 'to include more people in it."

This means that the many hands replace the so called invisible hand because the invisible hand truly is invisible...it is a mirage that leads to huge deficits. Reagan was wrong and Biden is correct.

We see unions thriving again on truly liveable wages...life changing wages...we see teenagers making between 15-20 bucks an hour while still in high school and I know this because my own students make this kind of money and it is why I don't see them in class enough.

Bidenomics believes in three "key pillars"- public investments, empowering workers, and promoting competition...Republicans don't compete, they create monopolies and remove legislation that discourages monopolies.

Reganomics gave the appearance of working when in fact it was built on tax cuts, deregulation, wage cuts. It believed that public investment hurt private investment...what that really means is that public investment cuts into their profits and their high prices and benefits the public better and cheaper.

"The CHIPS and Science Acts alone has raised 231 billion dollars from private investors", so the private sector is not being crowded out.

Reagan began the killing of the middle class the day he fired the Air traffic controllers. The private sector followed his lead and soon enough union membership plummeted to record low numbers. Once again the workers got screwed. Under Republicans, workers always get screwed and history shows this.

What Biden is doing is working. "Employers do not pay you what you are worth, they pay you what you have the power to negotiate." The federal minimum wage of 7.25 has been in place for a very long time and it if had grown according the rate of inflation it would be over $12 an hour by now. Thank Republicans.

Biden has promised to enforce anti-trust laws to ensure competition becomes a staple in the economy for years to come.

Republicans will tell you Bidenomics is a disaster simply because it cuts into corporate profits. The fact is corporations do not need more profits and CEO's need a salary ceiling. Corporations have been robbing this country blind...all of us...left and right

What Biden is showing America is that the Republican/Corporate model does not work and he is winning the argument and it's not even close.

Before I became a teacher I was in business and then a business owner. I have hired a lot of people. People with graduate degrees, people with no HS education, and people who have been in prison (I hate the term ex-con as it's dehumanizing). I hired people of all walks of life because what I valued was growing as a business and if someone could help me grow, that was the quality that mattered to me. Could they help or not? that was it. The more hands I had the more I could grow and that is exactly what Biden is betting on and his argument is succeeding.

I will say this...I have had my share of older folks working for me...if someone came to me with Biden's resume and that resume was recent, I would hire that guy any day of the week and I would not care if he was 91 years old. Biden as done more at 81 years of age than Trump has done his whole life. He has done more than any president in Modern history and that really cannot be debated. The numbers tell the story.

Some say but what about interests rates? I say what about them? Higher interest rates have helped bring inflation down and kept the economy from getting too out of hand. Right now it is a nice sustainable growth and talks of recession are gone.

The Fed has indicated that we are looking at 3 interest rates in 2024 and I suspect they might even be a tad higher than they indicate which I believe was a total of .75 ...one must be careful with dropping them too fast or things fall apart.

The time has come for the 1% to return the 50 trillion dollars they have flat out stole from us...they know that Biden is coming for them and thats why they are spending billions in propaganda convincing this country that we are on the wrong path...it is why Republicans are trying to impeach him...they know Biden has found the right recipe and it will cost them dearly and they want him gone...who do you think is paying for the whole Biden is old campaign, the Biden is a crook campaign, the economy is a mirage conversation, and every other false flag out there...Billionaires fear Joe Biden and they should. Americans should embrace him because he is the way forward...soon enough Republicans might even say that Biden guy is doing ok as Biden keeps building more businesses in their state....ask Colorado who benefits from what Lauren Boebert voted against.

If you are looking for a reason to vote against Biden, perhaps is time to start looking for reasons to vote for him or you might miss out on the greatest growth this country might ever see.

Biden's policies have little to nothing to do with the current state of the economy. Less than 3 years in office is not long enough to have any kind of noticeable impact on an economy the size of the US economy. This isn't a knock on Biden. I'm not implying he has done anything wrong. This is just fact. Like it or not.

Dp- I’m so over people like you. 2008 gave us some very needed intelligence on how to recover. Biden’s administration used that info to help us now. Of course it’s his doing. GTFOH

[Anonymous]

Anonymous wrote:every word of this

https://twitter.com/PrezLives2022/status/1735505186095780214


I was driving home from work listening to Chris Hayes telling America how Biden's economy is killing it by every metric...he also played a clip where even people on Fox were celebrating the economy, maybe not Biden, but the economy.

I decided to look at these metrics because I know Biden is kicking ass, but it appears not enough of us understand the true depths of the amazing job this man is doing...and doing it at 81 years of age.

Bidenomics was Joe's way of saying he was going to grow the economy from the middle out. The man has record low unemployment, increased real wages, the GDP is exploding, inflation continues to drop, and the stock market is setting huge records.

By any metric this is one of the strongest performances of any president in over 100 years and yet only 36 percent of this country thinks he's handling the economy well.

Biden has stated emphatically that you build the economy from the middle out and not top down because the only trickle down from the top is the rich peeing on your shoes. Biden has stated the only way to grow the economy is 'to include more people in it."

This means that the many hands replace the so called invisible hand because the invisible hand truly is invisible...it is a mirage that leads to huge deficits. Reagan was wrong and Biden is correct.

We see unions thriving again on truly liveable wages...life changing wages...we see teenagers making between 15-20 bucks an hour while still in high school and I know this because my own students make this kind of money and it is why I don't see them in class enough.

Bidenomics believes in three "key pillars"- public investments, empowering workers, and promoting competition...Republicans don't compete, they create monopolies and remove legislation that discourages monopolies.

Reganomics gave the appearance of working when in fact it was built on tax cuts, deregulation, wage cuts. It believed that public investment hurt private investment...what that really means is that public investment cuts into their profits and their high prices and benefits the public better and cheaper.

"The CHIPS and Science Acts alone has raised 231 billion dollars from private investors", so the private sector is not being crowded out.

Reagan began the killing of the middle class the day he fired the Air traffic controllers. The private sector followed his lead and soon enough union membership plummeted to record low numbers. Once again the workers got screwed. Under Republicans, workers always get screwed and history shows this.

What Biden is doing is working. "Employers do not pay you what you are worth, they pay you what you have the power to negotiate." The federal minimum wage of 7.25 has been in place for a very long time and it if had grown according the rate of inflation it would be over $12 an hour by now. Thank Republicans.

Biden has promised to enforce anti-trust laws to ensure competition becomes a staple in the economy for years to come.

Republicans will tell you Bidenomics is a disaster simply because it cuts into corporate profits. The fact is corporations do not need more profits and CEO's need a salary ceiling. Corporations have been robbing this country blind...all of us...left and right

What Biden is showing America is that the Republican/Corporate model does not work and he is winning the argument and it's not even close.

Before I became a teacher I was in business and then a business owner. I have hired a lot of people. People with graduate degrees, people with no HS education, and people who have been in prison (I hate the term ex-con as it's dehumanizing). I hired people of all walks of life because what I valued was growing as a business and if someone could help me grow, that was the quality that mattered to me. Could they help or not? that was it. The more hands I had the more I could grow and that is exactly what Biden is betting on and his argument is succeeding.

I will say this...I have had my share of older folks working for me...if someone came to me with Biden's resume and that resume was recent, I would hire that guy any day of the week and I would not care if he was 91 years old. Biden as done more at 81 years of age than Trump has done his whole life. He has done more than any president in Modern history and that really cannot be debated. The numbers tell the story.

Some say but what about interests rates? I say what about them? Higher interest rates have helped bring inflation down and kept the economy from getting too out of hand. Right now it is a nice sustainable growth and talks of recession are gone.

The Fed has indicated that we are looking at 3 interest rates in 2024 and I suspect they might even be a tad higher than they indicate which I believe was a total of .75 ...one must be careful with dropping them too fast or things fall apart.

The time has come for the 1% to return the 50 trillion dollars they have flat out stole from us...they know that Biden is coming for them and thats why they are spending billions in propaganda convincing this country that we are on the wrong path...it is why Republicans are trying to impeach him...they know Biden has found the right recipe and it will cost them dearly and they want him gone...who do you think is paying for the whole Biden is old campaign, the Biden is a crook campaign, the economy is a mirage conversation, and every other false flag out there...Billionaires fear Joe Biden and they should. Americans should embrace him because he is the way forward...soon enough Republicans might even say that Biden guy is doing ok as Biden keeps building more businesses in their state....ask Colorado who benefits from what Lauren Boebert voted against.

If you are looking for a reason to vote against Biden, perhaps is time to start looking for reasons to vote for him or you might miss out on the greatest growth this country might ever see.

Reposting for those in the back

[Anonymous]

Anonymous wrote:

Biden's policies have little to nothing to do with the current state of the economy. Less than 3 years in office is not long enough to have any kind of noticeable impact on an economy the size of the US economy. This isn't a knock on Biden. I'm not implying he has done anything wrong. This is just fact. Like it or not.

LOL, sure, but "everyone" (just look at this thread or the "Thanks Brandon" memes) blames Joe for the supply chain, for COVID, for baby formula, for eggs, for gas etc, and at every turn, this administration has actually used government to help solve problems - quite effectively actually.

And if you don't think the IRA and CHIPS bills are having a direct impact on what we are seeing today in terms of job growth and the return of manufacturing, I don't know what to tell you.

[Anonymous]

Anonymous wrote:My investment savings have been skyrocketing the past couple of months. Thanks Biden!

33% up in one of my 401k funds.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Here you go

The average 30-year fixed mortgage rate heads into the weekend at 6.64%

Last Friday it was 7.09%.

[Anonymous]

Anonymous wrote:Biden has managed to do the almost unthinkable. Avoid a recession and even with inflation, we are doing WAY better than the rest of the world. All with the slim Senate majority and a crazy MAGA house. (and before that a super slim House). He's done this while keeping world peace and making huge investments in infrastructure and climate. He is hands down one of the best Presidents we have ever had. Thank you Joe!

And that's bad for Democrats because.../s

Pssst! Don’t tell the mainstream media.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Biden's policies have little to nothing to do with the current state of the economy. Less than 3 years in office is not long enough to have any kind of noticeable impact on an economy the size of the US economy. This isn't a knock on Biden. I'm not implying he has done anything wrong. This is just fact. Like it or not.

LOL, sure, but "everyone" (just look at this thread or the "Thanks Brandon" memes) blames Joe for the supply chain, for COVID, for baby formula, for eggs, for gas etc, and at every turn, this administration has actually used government to help solve problems - quite effectively actually.

And if you don't think the IRA and CHIPS bills are having a direct impact on what we are seeing today in terms of job growth and the return of manufacturing, I don't know what to tell you.

Republicans are tribal, and their tribal wisdom is that Democrats are always and only ever wild eyed spendthrifts and Republicans are sage, sober custodians of the public purse. The conservative owned corporate media confirms this belief not just for Republicans but for people who only vote occasionally.

This economy is amazing. Wealth inequality is still a problem, but the GOP isn’t going to change that, they’re going to worsen that and kill the economy in the process.

So until Republicans can sit quietly with the facts - that the pieces of the economy that are within presidential control are doing very, very well - they’re going to keep ignoring this and finding some dumb cat *urd tweet to back up their tribal belief system.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Biden has managed to do the almost unthinkable. Avoid a recession and even with inflation, we are doing WAY better than the rest of the world. All with the slim Senate majority and a crazy MAGA house. (and before that a super slim House). He's done this while keeping world peace and making huge investments in infrastructure and climate. He is hands down one of the best Presidents we have ever had. Thank you Joe!

And that's bad for Democrats because.../s

Pssst! Don’t tell the mainstream media.

They spent the last year breathlessly predicting a recession and when it didn’t happen, absolutely no self reflection.

[Anonymous]

Anonymous wrote:

Anonymous wrote:My investment savings have been skyrocketing the past couple of months. Thanks Biden!

33% up in one of my 401k funds.

Average American does not have a 401k

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My investment savings have been skyrocketing the past couple of months. Thanks Biden!

33% up in one of my 401k funds.

Average American does not have a 401k

Who's to blame for that? Who hollowed out the Middle Class over the last 40+years? It started with Reagan. Who's trying to built up the middle class today? Say it with me, President Biden.

[Anonymous]

Anonymous wrote:
Anonymous wrote:
My investment savings have been skyrocketing the past couple of months. Thanks Biden!

33% up in one of my 401k funds.


Average American does not have a 401k

About half of American workers have a 401k, 403b, 503b, Keogh or IRA account. So I'm not sure what you mean by "average American", but many people do benefit from these accounts.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Biden's policies have little to nothing to do with the current state of the economy. Less than 3 years in office is not long enough to have any kind of noticeable impact on an economy the size of the US economy. This isn't a knock on Biden. I'm not implying he has done anything wrong. This is just fact. Like it or not.

LOL, sure, but "everyone" (just look at this thread or the "Thanks Brandon" memes) blames Joe for the supply chain, for COVID, for baby formula, for eggs, for gas etc, and at every turn, this administration has actually used government to help solve problems - quite effectively actually.

And if you don't think the IRA and CHIPS bills are having a direct impact on what we are seeing today in terms of job growth and the return of manufacturing, I don't know what to tell you.

Only someone that has no idea what they are talking about would blame Biden for the supply chain issues in the same manner that only someone that doesn't know what they are talking about would give credit or blame to Biden for anything good or bad in the current economy. Maybe his policies are at most 5% to blame for any one thing going wrong with the economy and deserving of at most 5% credit for any one thing going right in the current economy. I'll stop short of calling anyone telling you otherwise an idiot but if anyone tells you Biden is to blame for such things as supply chain issues or he deserves credit for a downtick in the rate of inflation, you are hearing complete and utter nonsense. You got that? Complete and utter nonsense. There are things to give Biden credit for and things to blame on Biden; current economic conditions less than 3 years into his presidency aren't among them. This doesn't mean that his policies won't have a noticeable long term positive impact on the economy and a certain bill that was passed could give certain sectors a short term boost in the marketplace but any one thing that is a long term help or hurt to our huge economy takes a lot more than 3 years to materialize. FACTS!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Biden has managed to do the almost unthinkable. Avoid a recession and even with inflation, we are doing WAY better than the rest of the world. All with the slim Senate majority and a crazy MAGA house. (and before that a super slim House). He's done this while keeping world peace and making huge investments in infrastructure and climate. He is hands down one of the best Presidents we have ever had. Thank you Joe!

And that's bad for Democrats because.../s

Pssst! Don’t tell the mainstream media.

They spent the last year breathlessly predicting a recession and when it didn’t happen, absolutely no self reflection.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:
Anonymous wrote:
My investment savings have been skyrocketing the past couple of months. Thanks Biden!

33% up in one of my 401k funds.


Average American does not have a 401k

About half of American workers have a 401k, 403b, 503b, Keogh or IRA account. So I'm not sure what you mean by "average American", but many people do benefit from these accounts.

And that doesn’t even count pensions.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Biden's policies have little to nothing to do with the current state of the economy. Less than 3 years in office is not long enough to have any kind of noticeable impact on an economy the size of the US economy. This isn't a knock on Biden. I'm not implying he has done anything wrong. This is just fact. Like it or not.

LOL, sure, but "everyone" (just look at this thread or the "Thanks Brandon" memes) blames Joe for the supply chain, for COVID, for baby formula, for eggs, for gas etc, and at every turn, this administration has actually used government to help solve problems - quite effectively actually.

And if you don't think the IRA and CHIPS bills are having a direct impact on what we are seeing today in terms of job growth and the return of manufacturing, I don't know what to tell you.

Only someone that has no idea what they are talking about would blame Biden for the supply chain issues in the same manner that only someone that doesn't know what they are talking about would give credit or blame to Biden for anything good or bad in the current economy. Maybe his policies are at most 5% to blame for any one thing going wrong with the economy and deserving of at most 5% credit for any one thing going right in the current economy. I'll stop short of calling anyone telling you otherwise an idiot but if anyone tells you Biden is to blame for such things as supply chain issues or he deserves credit for a downtick in the rate of inflation, you are hearing complete and utter nonsense. You got that? Complete and utter nonsense. There are things to give Biden credit for and things to blame on Biden; current economic conditions less than 3 years into his presidency aren't among them. This doesn't mean that his policies won't have a noticeable long term positive impact on the economy and a certain bill that was passed could give certain sectors a short term boost in the marketplace but any one thing that is a long term help or hurt to our huge economy takes a lot more than 3 years to materialize. FACTS!

There are facts:

Biden actually did proactive things for 1) supply chain 2) baby formula 3) eggs 4) manufacturing jobs 5) infrastructure jobs

Those all positively impacted the economy and people's lives. Learn facts before you try to claim a president/administration doesn't matter.