Biden’s economy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DJIA extend losses to 600 points after weaker than expected Q1 2024 GDP data. Interestingly, this is the first time that markets have fallen on weak economic data.

In the past, weak economic data meant more rate cuts which was "bullish." Now, we have rising inflation with weakening economic data.

This means higher for longer is returning into a weaker economy.

FOUR MORE YEARS!

All of Trump’s stated plans would raise inflation far worse.

RIIIGGGHHHHTTT.
Just like his first 4 years, right?

Do you remember when Trump left office?
- market collapse
-spiking unemployment
-declining GDP

The national debt rose 25% under Trump - trillions of dollars.

[Anonymous]

This is nonsense, because you're going to obviously point to a once in 100yrs event in the Pandemic and claim it was his fault.
When things were normal, for 3.5 years the US was much much better and the average person has realized this.

Whatever you're claiming Trump did, Biden doubled down on with inflation + did a complete 180 and opened up the borders for a record setting invasion.
If it was Biden at the start of the Pandemic, the situation is worse, because Democrats wouldve had even more lockdowns and longer lockdowns. We know this because Democrat states are the example, so just imagine the message and actions had it been at the Federal level.

Local crime is also going to be at Biden's feet, because Democrats have obviously been directly tied to pro-Crime rhetoric.

It's as easy as "well the other guy was definitely better for me"

[Anonymous]

Anonymous wrote:This is nonsense, because you're going to obviously point to a once in 100yrs event in the Pandemic and claim it was his fault.
When things were normal, for 3.5 years the US was much much better and the average person has realized this.

Whatever you're claiming Trump did, Biden doubled down on with inflation + did a complete 180 and opened up the borders for a record setting invasion.
If it was Biden at the start of the Pandemic, the situation is worse, because Democrats wouldve had even more lockdowns and longer lockdowns. We know this because Democrat states are the example, so just imagine the message and actions had it been at the Federal level.

Local crime is also going to be at Biden's feet, because Democrats have obviously been directly tied to pro-Crime rhetoric.

It's as easy as "well the other guy was definitely better for me"

President “I don’t take any responsibility at all”

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DJIA extend losses to 600 points after weaker than expected Q1 2024 GDP data. Interestingly, this is the first time that markets have fallen on weak economic data.

In the past, weak economic data meant more rate cuts which was "bullish." Now, we have rising inflation with weakening economic data.

This means higher for longer is returning into a weaker economy.

FOUR MORE YEARS!

All of Trump’s stated plans would raise inflation far worse.

RIIIGGGHHHHTTT.
Just like his first 4 years, right?

Do you remember when Trump left office?
- market collapse
-spiking unemployment
-declining GDP

The national debt rose 25% under Trump - trillions of dollars.

Not only do they not remember that, but they also do not remember that Trump was uniquely at fault for creating those conditions.

[Anonymous]

Anonymous wrote:This is nonsense, because you're going to obviously point to a once in 100yrs event in the Pandemic and claim it was his fault.
When things were normal, for 3.5 years the US was much much better and the average person has realized this.

Whatever you're claiming Trump did, Biden doubled down on with inflation + did a complete 180 and opened up the borders for a record setting invasion.
If it was Biden at the start of the Pandemic, the situation is worse, because Democrats wouldve had even more lockdowns and longer lockdowns. We know this because Democrat states are the example, so just imagine the message and actions had it been at the Federal level.

Local crime is also going to be at Biden's feet, because Democrats have obviously been directly tied to pro-Crime rhetoric.

It's as easy as "well the other guy was definitely better for me"

Biden didn't "double down on inflation" - he steered the country out of the pandemic and the related economic collapse. The economy is stronger today than the trajectory it had been on before the pandemic. More job growth, better GDP - and if Biden was the cause of inflation, then the US inflation would be worse than elsewhere around the world, in fact the opposite is true, the US inflation numbers, while not great, are better than anywhere else. It is a global phenomenon.

Biden didn't "open up the borders" and in fact, the apprehensions, interdictions and deportations are all up under Biden. That isn't open borders.

The lockdowns happened under Trump, but people like you seem to forget that.

Crime nationally is down. It is even down in DC in this calender year. Well, except for all the crime and arrests associated with Trump and his administration.

[Anonymous]

Anonymous wrote:

Anonymous wrote:This is nonsense, because you're going to obviously point to a once in 100yrs event in the Pandemic and claim it was his fault.
When things were normal, for 3.5 years the US was much much better and the average person has realized this.

Whatever you're claiming Trump did, Biden doubled down on with inflation + did a complete 180 and opened up the borders for a record setting invasion.
If it was Biden at the start of the Pandemic, the situation is worse, because Democrats wouldve had even more lockdowns and longer lockdowns. We know this because Democrat states are the example, so just imagine the message and actions had it been at the Federal level.

Local crime is also going to be at Biden's feet, because Democrats have obviously been directly tied to pro-Crime rhetoric.

It's as easy as "well the other guy was definitely better for me"

Biden didn't "double down on inflation" - he steered the country out of the pandemic and the related economic collapse. The economy is stronger today than the trajectory it had been on before the pandemic. More job growth, better GDP - and if Biden was the cause of inflation, then the US inflation would be worse than elsewhere around the world, in fact the opposite is true, the US inflation numbers, while not great, are better than anywhere else. It is a global phenomenon.

Biden didn't "open up the borders" and in fact, the apprehensions, interdictions and deportations are all up under Biden. That isn't open borders.

The lockdowns happened under Trump, but people like you seem to forget that.

Crime nationally is down. It is even down in DC in this calender year. Well, except for all the crime and arrests associated with Trump and his administration.

Biden DID NOT steer the country out of the pandemic. He let it run its course.

He complained that 250K died under Trump and was silent when it ran past a million under him.

He was late with PPP and updated vaccines and he's been a failure all around. He's always blaming someone else for his failures. Done it for 36 years as a Senator, 8 years as veep and 4 years as president.

Stop lying about what's actually happened. Joe Biden is a disaster.

[Anonymous]

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

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is nonsense, because you're going to obviously point to a once in 100yrs event in the Pandemic and claim it was his fault.
When things were normal, for 3.5 years the US was much much better and the average person has realized this.

Whatever you're claiming Trump did, Biden doubled down on with inflation + did a complete 180 and opened up the borders for a record setting invasion.
If it was Biden at the start of the Pandemic, the situation is worse, because Democrats wouldve had even more lockdowns and longer lockdowns. We know this because Democrat states are the example, so just imagine the message and actions had it been at the Federal level.

Local crime is also going to be at Biden's feet, because Democrats have obviously been directly tied to pro-Crime rhetoric.

It's as easy as "well the other guy was definitely better for me"

Biden didn't "double down on inflation" - he steered the country out of the pandemic and the related economic collapse. The economy is stronger today than the trajectory it had been on before the pandemic. More job growth, better GDP - and if Biden was the cause of inflation, then the US inflation would be worse than elsewhere around the world, in fact the opposite is true, the US inflation numbers, while not great, are better than anywhere else. It is a global phenomenon.

Biden didn't "open up the borders" and in fact, the apprehensions, interdictions and deportations are all up under Biden. That isn't open borders.

The lockdowns happened under Trump, but people like you seem to forget that.

Crime nationally is down. It is even down in DC in this calender year. Well, except for all the crime and arrests associated with Trump and his administration.

Biden DID NOT steer the country out of the pandemic. He let it run its course.

He complained that 250K died under Trump and was silent when it ran past a million under him.

He was late with PPP and updated vaccines and he's been a failure all around. He's always blaming someone else for his failures. Done it for 36 years as a Senator, 8 years as veep and 4 years as president.

Stop lying about what's actually happened. Joe Biden is a disaster.

The overhwelming majority of whom refused to get vaccinated. Can't teach stupid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is nonsense, because you're going to obviously point to a once in 100yrs event in the Pandemic and claim it was his fault.
When things were normal, for 3.5 years the US was much much better and the average person has realized this.

Whatever you're claiming Trump did, Biden doubled down on with inflation + did a complete 180 and opened up the borders for a record setting invasion.
If it was Biden at the start of the Pandemic, the situation is worse, because Democrats wouldve had even more lockdowns and longer lockdowns. We know this because Democrat states are the example, so just imagine the message and actions had it been at the Federal level.

Local crime is also going to be at Biden's feet, because Democrats have obviously been directly tied to pro-Crime rhetoric.

It's as easy as "well the other guy was definitely better for me"

Biden didn't "double down on inflation" - he steered the country out of the pandemic and the related economic collapse. The economy is stronger today than the trajectory it had been on before the pandemic. More job growth, better GDP - and if Biden was the cause of inflation, then the US inflation would be worse than elsewhere around the world, in fact the opposite is true, the US inflation numbers, while not great, are better than anywhere else. It is a global phenomenon.

Biden didn't "open up the borders" and in fact, the apprehensions, interdictions and deportations are all up under Biden. That isn't open borders.

The lockdowns happened under Trump, but people like you seem to forget that.

Crime nationally is down. It is even down in DC in this calender year. Well, except for all the crime and arrests associated with Trump and his administration.

Biden DID NOT steer the country out of the pandemic. He let it run its course.

He complained that 250K died under Trump and was silent when it ran past a million under him.

He was late with PPP and updated vaccines and he's been a failure all around. He's always blaming someone else for his failures. Done it for 36 years as a Senator, 8 years as veep and 4 years as president.

Stop lying about what's actually happened. Joe Biden is a disaster.

What do you mean he was late with PPP and the updated vaccine? The PPP was available from April 2020 when Trump was president until last year. And...he isn't the scientist creating the vaccines, but he did create the distribution network using the national guard.

If Trump had remained president, getting the vaccine would have been pay-to-play.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is nonsense, because you're going to obviously point to a once in 100yrs event in the Pandemic and claim it was his fault.
When things were normal, for 3.5 years the US was much much better and the average person has realized this.

Whatever you're claiming Trump did, Biden doubled down on with inflation + did a complete 180 and opened up the borders for a record setting invasion.
If it was Biden at the start of the Pandemic, the situation is worse, because Democrats wouldve had even more lockdowns and longer lockdowns. We know this because Democrat states are the example, so just imagine the message and actions had it been at the Federal level.

Local crime is also going to be at Biden's feet, because Democrats have obviously been directly tied to pro-Crime rhetoric.

It's as easy as "well the other guy was definitely better for me"

Biden didn't "double down on inflation" - he steered the country out of the pandemic and the related economic collapse. The economy is stronger today than the trajectory it had been on before the pandemic. More job growth, better GDP - and if Biden was the cause of inflation, then the US inflation would be worse than elsewhere around the world, in fact the opposite is true, the US inflation numbers, while not great, are better than anywhere else. It is a global phenomenon.

Biden didn't "open up the borders" and in fact, the apprehensions, interdictions and deportations are all up under Biden. That isn't open borders.

The lockdowns happened under Trump, but people like you seem to forget that.

Crime nationally is down. It is even down in DC in this calender year. Well, except for all the crime and arrests associated with Trump and his administration.

Biden DID NOT steer the country out of the pandemic. He let it run its course.

He complained that 250K died under Trump and was silent when it ran past a million under him.

He was late with PPP and updated vaccines and he's been a failure all around. He's always blaming someone else for his failures. Done it for 36 years as a Senator, 8 years as veep and 4 years as president.

Stop lying about what's actually happened. Joe Biden is a disaster.

What do you mean he was late with PPP and the updated vaccine? The PPP was available from April 2020 when Trump was president until last year. And...he isn't the scientist creating the vaccines, but he did create the distribution network using the national guard.

If Trump had remained president, getting the vaccine would have been pay-to-play.

+1 The Trump administration had done zero work figuring out a way to get the vaccines distributed. It’s a miracle of good government that basically anyone who wanted one could get one by May.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is nonsense, because you're going to obviously point to a once in 100yrs event in the Pandemic and claim it was his fault.
When things were normal, for 3.5 years the US was much much better and the average person has realized this.

Whatever you're claiming Trump did, Biden doubled down on with inflation + did a complete 180 and opened up the borders for a record setting invasion.
If it was Biden at the start of the Pandemic, the situation is worse, because Democrats wouldve had even more lockdowns and longer lockdowns. We know this because Democrat states are the example, so just imagine the message and actions had it been at the Federal level.

Local crime is also going to be at Biden's feet, because Democrats have obviously been directly tied to pro-Crime rhetoric.

It's as easy as "well the other guy was definitely better for me"

Biden didn't "double down on inflation" - he steered the country out of the pandemic and the related economic collapse. The economy is stronger today than the trajectory it had been on before the pandemic. More job growth, better GDP - and if Biden was the cause of inflation, then the US inflation would be worse than elsewhere around the world, in fact the opposite is true, the US inflation numbers, while not great, are better than anywhere else. It is a global phenomenon.

Biden didn't "open up the borders" and in fact, the apprehensions, interdictions and deportations are all up under Biden. That isn't open borders.

The lockdowns happened under Trump, but people like you seem to forget that.

Crime nationally is down. It is even down in DC in this calender year. Well, except for all the crime and arrests associated with Trump and his administration.

Biden DID NOT steer the country out of the pandemic. He let it run its course.

He complained that 250K died under Trump and was silent when it ran past a million under him.

He was late with PPP and updated vaccines and he's been a failure all around. He's always blaming someone else for his failures. Done it for 36 years as a Senator, 8 years as veep and 4 years as president.

Stop lying about what's actually happened. Joe Biden is a disaster.

What do you mean he was late with PPP and the updated vaccine? The PPP was available from April 2020 when Trump was president until last year. And...he isn't the scientist creating the vaccines, but he did create the distribution network using the national guard.

If Trump had remained president, getting the vaccine would have been pay-to-play.

+1 The Trump administration had done zero work figuring out a way to get the vaccines distributed. It’s a miracle of good government that basically anyone who wanted one could get one by May.

Trump was always preoccupied with petty grievances and stealing documents, and then once it became clear that he had well and truly ducked the economy and would lose, he had to plan a coup. He couldn’t be worried about a little thing like covid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DJIA extend losses to 600 points after weaker than expected Q1 2024 GDP data. Interestingly, this is the first time that markets have fallen on weak economic data.

In the past, weak economic data meant more rate cuts which was "bullish." Now, we have rising inflation with weakening economic data.

This means higher for longer is returning into a weaker economy.

FOUR MORE YEARS!

All of Trump’s stated plans would raise inflation far worse.

RIIIGGGHHHHTTT.
Just like his first 4 years, right?

Do you remember when Trump left office?
- market collapse
-spiking unemployment
-declining GDP

After a once in a century pandemic


The national debt rose 25% under Trump - trillions of dollars.

Fixed

[Anonymous]

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

[Anonymous]

The new numbers put the Econbrowser recession indicator index at 2.0%, a very low level, indicating unambiguous continuation of the economic expansion that began in 2020:Q3.

https://econbrowser.com/archives/2024/04/almost-landed

https://ritholtz.com/2024/04/march-2024-state-coincident-indexes-ease/

As Sam Ro explains:

-Personal consumption grew at a 2.5% rate.
-Business investment grew at a 2.9% rate.
-Residential investment grew at a 13.9% rate.

The weakness in GDP growth was a sign of “U.S. economic strength.” Because our imports rose 7.2%, versus our exports growing only 0.9%, the net is negative. That consumer strength is — in BEA model-terms — a drag on GDP.

This brings us to State coincident indexes for the 50 states for March 2024: “Over the past three months, the indexes increased in 44 states, decreased in five states, and remained stable in one, for a three-month diffusion index of 78.” This is down from January’s three-month diffusion index of 96,” but the same as February’s measure.

No dangerous warning signs, and noted in the links above, continue to read the inflation measures as laggy and poorly modeled.

[Anonymous]

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.