Biden’s economy

[Anonymous]

The US economy is doing great but not in many blue states. In MD, economic growth has been effectively stalled since 2017. Dems at the state and local levels need to deal with this.
Maryland’s economic woes predate pandemic, report finds

https://www.washingtonpost.com/dc-md-va/2024/01/03/maryland-economy-lags-women-workforce/

[Anonymous]

Anonymous wrote:The US economy is doing great but not in many blue states. In MD, economic growth has been effectively stalled since 2017. Dems at the state and local levels need to deal with this.
Maryland’s economic woes predate pandemic, report finds

https://www.washingtonpost.com/dc-md-va/2024/01/03/maryland-economy-lags-women-workforce/

GOP governor til last year, what do you expect?

[Anonymous]

Anonymous wrote:The US economy is doing great but not in many blue states. In MD, economic growth has been effectively stalled since 2017. Dems at the state and local levels need to deal with this.
Maryland’s economic woes predate pandemic, report finds

https://www.washingtonpost.com/dc-md-va/2024/01/03/maryland-economy-lags-women-workforce/

Yes that’s why we blue states just create all the wealth in this country.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The US economy is doing great but not in many blue states. In MD, economic growth has been effectively stalled since 2017. Dems at the state and local levels need to deal with this.
Maryland’s economic woes predate pandemic, report finds

https://www.washingtonpost.com/dc-md-va/2024/01/03/maryland-economy-lags-women-workforce/

GOP governor til last year, what do you expect?

They did not expect you to have that kind of knowledge.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The US economy is doing great but not in many blue states. In MD, economic growth has been effectively stalled since 2017. Dems at the state and local levels need to deal with this.
Maryland’s economic woes predate pandemic, report finds

https://www.washingtonpost.com/dc-md-va/2024/01/03/maryland-economy-lags-women-workforce/

GOP governor til last year, what do you expect?

They did not expect you to have that kind of knowledge.

I am the first PP and live in Maryland. I actually expected this lame "gotcha" response. Yes, this may be the final nail in Hogan's coffin. That doesn't change the fact that the General Assembly is majority Dem, and the most populous jurisdicitions in MD are either completely or overwhelmingly Democrat led. Local jurisdictions are the ones that have the greatest impact on businesses and their ability to function. In Montgomery County, the Council just keeps making new mandates for businesses to keep up their own progressive cred, because they know the government can't pay for it since there is so little economic growth to add to the tax base. Individually, these mandates seem fine, but added together they make it really difficult to run a business.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The US economy is doing great but not in many blue states. In MD, economic growth has been effectively stalled since 2017. Dems at the state and local levels need to deal with this.
Maryland’s economic woes predate pandemic, report finds

https://www.washingtonpost.com/dc-md-va/2024/01/03/maryland-economy-lags-women-workforce/

Yes that’s why we blue states just create all the wealth in this country.

Virginia is more purple, is also wealthy and has grown much more than Maryland.

[Anonymous]

Anonymous wrote:

Anonymous wrote:December Jobs Report: 216,000 new jobs, unemployment holds steady at 3.7%. Wage growth: 4.1% in past year (well above 3.1% inflation).

Markets down on this news because it may push out interest rate cuts, but the economy remaining this strong is really quite amazing.

Not sure how you could make that comment before the markets opened. But now that they are open, they are up.

[Anonymous]

Anonymous wrote:December Jobs Report: 216,000 new jobs, unemployment holds steady at 3.7%. Wage growth: 4.1% in past year (well above 3.1% inflation).

Details matter.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The US economy is doing great but not in many blue states. In MD, economic growth has been effectively stalled since 2017. Dems at the state and local levels need to deal with this.
Maryland’s economic woes predate pandemic, report finds

https://www.washingtonpost.com/dc-md-va/2024/01/03/maryland-economy-lags-women-workforce/

GOP governor til last year, what do you expect?

They did not expect you to have that kind of knowledge.

I am the first PP and live in Maryland. I actually expected this lame "gotcha" response. Yes, this may be the final nail in Hogan's coffin. That doesn't change the fact that the General Assembly is majority Dem, and the most populous jurisdicitions in MD are either completely or overwhelmingly Democrat led. Local jurisdictions are the ones that have the greatest impact on businesses and their ability to function. In Montgomery County, the Council just keeps making new mandates for businesses to keep up their own progressive cred, because they know the government can't pay for it since there is so little economic growth to add to the tax base. Individually, these mandates seem fine, but added together they make it really difficult to run a business.

On the other hand, Hogan delayed the purple line and killed the Baltimore red line, both would have been incredible infrastructure stimulus for the state under his watch. Instead, the invested in some meaningless road projects particularly around some eastern shore properties that Hogan owns. Do better for the state and the state economy will improve. Continue with crony capitalism and Hogan and his friend benefit but the broader impact is decreased.

[Anonymous]

Anonymous wrote:

Anonymous wrote:December Jobs Report: 216,000 new jobs, unemployment holds steady at 3.7%. Wage growth: 4.1% in past year (well above 3.1% inflation).

Details matter.

Maybe zerohedge would also like to superimpose that second graph over the "native born population growth" which has actually decreased, so "native born" employment is actually up. But they won't tell you that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:December Jobs Report: 216,000 new jobs, unemployment holds steady at 3.7%. Wage growth: 4.1% in past year (well above 3.1% inflation).

Details matter.

Sounds like immigrants are willing to work harder than the native born. Plus, the tsunami of worker retirements are native born Boomers exiting the work force.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:December Jobs Report: 216,000 new jobs, unemployment holds steady at 3.7%. Wage growth: 4.1% in past year (well above 3.1% inflation).

Details matter.

Maybe zerohedge would also like to superimpose that second graph over the "native born population growth" which has actually decreased, so "native born" employment is actually up. But they won't tell you that.

Right. It would fit their xenophobic rant.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:December Jobs Report: 216,000 new jobs, unemployment holds steady at 3.7%. Wage growth: 4.1% in past year (well above 3.1% inflation).

Details matter.

Maybe zerohedge would also like to superimpose that second graph over the "native born population growth" which has actually decreased, so "native born" employment is actually up. But they won't tell you that.

Right. It would NOT fit their xenophobic rant.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The US economy is doing great but not in many blue states. In MD, economic growth has been effectively stalled since 2017. Dems at the state and local levels need to deal with this.
Maryland’s economic woes predate pandemic, report finds

https://www.washingtonpost.com/dc-md-va/2024/01/03/maryland-economy-lags-women-workforce/

GOP governor til last year, what do you expect?

They did not expect you to have that kind of knowledge.

I am the first PP and live in Maryland. I actually expected this lame "gotcha" response. Yes, this may be the final nail in Hogan's coffin. That doesn't change the fact that the General Assembly is majority Dem, and the most populous jurisdicitions in MD are either completely or overwhelmingly Democrat led. Local jurisdictions are the ones that have the greatest impact on businesses and their ability to function. In Montgomery County, the Council just keeps making new mandates for businesses to keep up their own progressive cred, because they know the government can't pay for it since there is so little economic growth to add to the tax base. Individually, these mandates seem fine, but added together they make it really difficult to run a business.

On the other hand, Hogan delayed the purple line and killed the Baltimore red line, both would have been incredible infrastructure stimulus for the state under his watch. Instead, the invested in some meaningless road projects particularly around some eastern shore properties that Hogan owns. Do better for the state and the state economy will improve. Continue with crony capitalism and Hogan and his friend benefit but the broader impact is decreased.

I agree with you that Hogan was terrible. Not that he ever had a chance but I'm glad this report will further kill his national political ambitions.

That being said, the delay of the Purple line is just not the reason Maryland's economy hasn't grown, and Hogan isn't the main driver of its delay (wealthy Democrats in Chevy Chase are).

The Red Line in Baltimore is a weird one. It's not a good project. The stations are in bizarre places. They should probably build it I guess? But I don't think it's the answer to the state's economic problems.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The US economy is doing great but not in many blue states. In MD, economic growth has been effectively stalled since 2017. Dems at the state and local levels need to deal with this.
Maryland’s economic woes predate pandemic, report finds

https://www.washingtonpost.com/dc-md-va/2024/01/03/maryland-economy-lags-women-workforce/

GOP governor til last year, what do you expect?

They did not expect you to have that kind of knowledge.

I am the first PP and live in Maryland. I actually expected this lame "gotcha" response. Yes, this may be the final nail in Hogan's coffin. That doesn't change the fact that the General Assembly is majority Dem, and the most populous jurisdicitions in MD are either completely or overwhelmingly Democrat led. Local jurisdictions are the ones that have the greatest impact on businesses and their ability to function. In Montgomery County, the Council just keeps making new mandates for businesses to keep up their own progressive cred, because they know the government can't pay for it since there is so little economic growth to add to the tax base. Individually, these mandates seem fine, but added together they make it really difficult to run a business.

On the other hand, Hogan delayed the purple line and killed the Baltimore red line, both would have been incredible infrastructure stimulus for the state under his watch. Instead, the invested in some meaningless road projects particularly around some eastern shore properties that Hogan owns. Do better for the state and the state economy will improve. Continue with crony capitalism and Hogan and his friend benefit but the broader impact is decreased.

I agree with you that Hogan was terrible. Not that he ever had a chance but I'm glad this report will further kill his national political ambitions.

That being said, the delay of the Purple line is just not the reason Maryland's economy hasn't grown, and Hogan isn't the main driver of its delay (wealthy Democrats in Chevy Chase are).

The Red Line in Baltimore is a weird one. It's not a good project. The stations are in bizarre places. They should probably build it I guess? But I don't think it's the answer to the state's economic problems.

The idea is to spur development and investment from the private sector because the public sector has invested in the fixed transit. It is a tried and true formula and one that would have market a resurgence for the greater Baltimore region, as well as for the City itself.