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Biden’s economy
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Anonymous
Anonymous
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The cope on that lady in the first clip, still talking about the stimulus in the year of our lord 2024. |
Anonymous
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It is an article of faith on the right that the economy is horrible. They live in their right wing media bubble and don't allow any other evidence to affect it. I was at my in-laws over Christmas and my FIL is a hardcore Trumper. He kept talking about how horrible the economy is. And then 5 minutes later he was talking about the expensive trip they were going to take to Aspen in January and MIL was talking about her planned kitchen reno. |
Anonymous
Seems like those stickers of Biden that were slapped on gas pumps were right. He "did that." |
Anonymous
The people who put those on all the pumps are furiously scraping them off. |
Anonymous
Anonymous
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Let us not forget the price gouging and excessive price rises by everyone everywhere for the last three years. It’s ridiculous and more than almost anything drives the sensation that life is unaffordable. |
Anonymous
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Yes Biden’s economy and his administration’s rejection of trickle down economic policies.
Excerpt From Heather Cox Richardson’s blog Yesterday a report from the Bureau of Economic Analysis showed strong economic growth of 3.3% in the U.S. in the fourth quarter of 2023, setting growth for the year at 3.1% (by comparison, in the first three years of Trump’s term, before the pandemic, growth was 2.5%). A year ago, economists projected that the U.S. would have a recession in 2023, and forecast growth of 0.2%. Meanwhile, unemployment remains low, wages are high, and inflation is receding. As Gabriel T. Rubin put it in the Wall Street Journal today, “The final three months of the year looked a lot like the soft landing Fed officials are seeking to achieve.” There is a major political story behind this impressive economic one. Since 1981, lawmakers have insisted that cutting taxes, regulation, and the social safety net would create much faster and more efficient growth than was possible under the system in place between 1933 and 1981. In the earlier era, lawmakers regulated business, imposed progressive taxes, and supported workers to make sure that ordinary Americans had the resources to fuel the economy through their desire for homes, consumer goods, and so on. But with the election of Republican president Ronald Reagan, lawmakers claimed that concentrating wealth on the “supply side” of the economy would enable wealthy investors and businessmen to manage the economy more efficiently than was possible when the government meddled, and the resulting economic growth would make the entire country more prosperous. The problem was that this system never produced the economic boom it promised. Instead, it moved money dramatically upward and hollowed out the American middle class while leaving poorer Americans significantly worse off. When they took office, President Joe Biden and Vice President Kamala Harris rejected “supply side” economics and vowed to restore buying power to the demand side of the economy: ordinary Americans. They invested in manufacturing, infrastructure, small businesses, and workers’ rights. And now, after years in which pundits said their policies would never work, the numbers are in. The U.S. economy is very strong indeed, and at least some voters who have backed Republicans for a generation are noticing, as United Auto Workers president Shawn Fain made clear yesterday when the union made a strong and early endorsement of President Biden. |
Anonymous
| I actually looked at our investment accounts yesterday and wow! The gains were unreal across the board. |
Anonymous
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The Daily Show:
FOX NEWS: In Biden’s economy, real wages are not keeping up with defamation payouts |
Anonymous
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