Biden’s economy

[Anonymous]

[Anonymous]

There is no economic metric where Trump outperformed Biden, and when you factor in COVID, it isn't close. Trump was a disaster and a second term with his wacky economic ideas, will be sublime to the point of destroying the country.

[Anonymous]

Yes, Biden has kept the economy growing. Despite the GOP trying to destroy it several times.

[Anonymous]

“The Federal Trade Commission is preparing to sue the largest three pharmacy-benefit managers over their tactics for negotiating prices for drugs including insulin, following a two-year investigation into whether the companies steer patients away from less-expensive medicines. 
The agency plans to file lawsuits taking aim at the business practices related to rebates brokered with drug manufacturers, a person familiar with the matter said.
The companies, known as PBMs, manage prescription-drug transactions for insurers and employers. They negotiate discounts with drug manufacturers on behalf of those customers. 
The three largest PBMs —UnitedHealth Group’s OptumRx, Cigna Group’s Express Scripts and CVS Health’s Caremark—handle roughly 80% of U.S. prescriptions. Each of the three shares a parent with a large health insurer.”
https://www.wsj.com/health/pharma/ftc-to-sue-drug-managers-over-insulin-prices-b46af71f

[Anonymous]

Stocks close at another record high. S&P 500 above 5,600. Everyone with a 401k has to be feeling flush, I am!

"But the reason our stock market is so successful is because of me. I've always been great with money, I've always been great with jobs, that's what I do.” Trump

Based on Trumps logic, if he was great with stocks and jobs, then Biden must be exceptional/ marvelous….idk but something much greater than great.

[Anonymous]

head nod to the PP

[Anonymous]

Anonymous wrote:Yes, Biden has kept the economy growing. Despite the GOP trying to destroy it several times.

75% of the jobs Biden creates are govt and medical industry (needed to take care of the inflow of migrants). That's all tax payer money to support that. We aren't even taxing for that. We're spending $2 for every $1 collected or borrowing the rest or creating it out of thin air with MMT ... which is devaluing the dollar and causing rampant inflation.

[Anonymous]

Check the latest BLS employment data. They tell you exactly where the jobs are being created. This is not a healthy or sustainable economy and democrats are out of ideas on what to do. Actually, they never had any except send a bunch of money to China to create wind turbines, solar panels and batteries. We sure don't make anything here. We just throw subsidies from helic0pters and install finished product. You'd be years in court against the EPA to manufacture any of this here.

[Anonymous]

Anonymous wrote:Stocks close at another record high. S&P 500 above 5,600. Everyone with a 401k has to be feeling flush, I am!

"But the reason our stock market is so successful is because of me. I've always been great with money, I've always been great with jobs, that's what I do.” Trump

Based on Trumps logic, if he was great with stocks and jobs, then Biden must be exceptional/ marvelous….idk but something much greater than great.

Oh please. Trump bankrupted how many businesses? Trumpsters, can you name them all?

[Anonymous]

Anonymous wrote:Check the latest BLS employment data. They tell you exactly where the jobs are being created. This is not a healthy or sustainable economy and democrats are out of ideas on what to do. Actually, they never had any except send a bunch of money to China to create wind turbines, solar panels and batteries. We sure don't make anything here. We just throw subsidies from helic0pters and install finished product. You'd be years in court against the EPA to manufacture any of this here.

Panicking over great economic reports under Biden I see.

[Anonymous]

• Higher gas prices
• Highest mortgage rates in decades
• Highest inflation in 40 years
• Highest interest rates in 40 years
• Americans owe more in credit card debt than they ever have
• The U.S. is losing hundreds of thousands of full-time jobs... and gaining part jobs
• Unemployment rate at 4.1%

[Anonymous]

Anonymous wrote:Check the latest BLS employment data. They tell you exactly where the jobs are being created. This is not a healthy or sustainable economy and democrats are out of ideas on what to do. Actually, they never had any except send a bunch of money to China to create wind turbines, solar panels and batteries. We sure don't make anything here. We just throw subsidies from helic0pters and install finished product. You'd be years in court against the EPA to manufacture any of this here.

CHIPS and IRA are creating jobs.

Biden's worst months are better than Trump's best months in terms of job creation. It isn't close. The GOP has ZERO plans to create more jobs and the record since 1988 shows just how bad the GOP is at GDP growth or job creation.

Facts do, in fact, matter.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, Biden has kept the economy growing. Despite the GOP trying to destroy it several times.

75% of the jobs Biden creates are govt and medical industry (needed to take care of the inflow of migrants). That's all tax payer money to support that. We aren't even taxing for that. We're spending $2 for every $1 collected or borrowing the rest or creating it out of thin air with MMT ... which is devaluing the dollar and causing rampant inflation.

LOL, this is immigrants taking care of aging boomers in retirement homes and memory care facilities.

[Anonymous]

Anonymous wrote:• Higher gas prices
• Highest mortgage rates in decades
• Highest inflation in 40 years
• Highest interest rates in 40 years
• Americans owe more in credit card debt than they ever have
• The U.S. is losing hundreds of thousands of full-time jobs... and gaining part jobs
• Unemployment rate at 4.1%

-actually, gas prices are not very high and the US is producing gas and oil at record levels
-the president don't control interest rates
-inflation as a result of the COVID economic shock, it is getting back to par and is the best among the G7
-Americans are also spending on things like travel and entertainment in record numbers, which is it?
-Companies are eliminating full time jobs to pay fewer benefits, the president doesn't control that
-Unemployment has been riding generational lows. 4.1% is up from where it has been and this is what the Fed has been aiming for to gain the "soft landing" in recovery from the Trump Dumpster Fire 2020 experience.

[Anonymous]

Anonymous wrote:Also :
- The border is closed
- Trump is a Russian agent
- Afghanistan was great
- inflation is transitory
- crime is down
- the BLM riots were mostly peaceful
- Hunter's laptop was a Russian plant
- the 2020 election was the most secure election in US history 👍

-The border is the border. Biden has deported more people in three years than Trump did in 4. Also more interdictions and apprehensions than Trump had. Biden wanted authorization to have more administrative judges to dispense of the asylum claims more expediently and to have more fentenyl detection machines at the border, but Trump tanked the bill.
- Trump is clearly in the tank for Russia, that is hardly disputable
-The pullout was a mess because of actions Trump and Pompeo took beforehand including: undercutting the Afghan government, closing the special visa office at the state department, releasing 5,000 Taliban fighters and reducing the US military presence to barebones before leaving office
-inflation is transitory. It was zero growth last month and is getting close to the Fed targets
-crime is down. Also per capita crime is higher in red states. Why is that?
BLM protests were mostly peaceful, and most of the violence was at the hands of the right wingers as documented in court filings Look it up.
-I dont care about Hunter's laptop
-Bill Barr even said the 2020 election was secure, and there is absolutely zero proof to the contrary