Biden’s economy

[Anonymous]

Anonymous wrote:

Story: https://www.nbcnews.com/news/amp/rcna164764

Suggest specific cuts to programs in the government and how much that would impact the debt.
Short of cutting 1/3 of the Defense budget, everything else is nickles on the dollar.

So "raising" taxes is the only way to go, but it is really just letting the Trump tax cuts that blew up our debt, lapse.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Story: https://www.nbcnews.com/news/amp/rcna164764

Suggest specific cuts to programs in the government and how much that would impact the debt.
Short of cutting 1/3 of the Defense budget, everything else is nickles on the dollar.

So "raising" taxes is the only way to go, but it is really just letting the Trump tax cuts that blew up our debt, lapse.

No. All we have to do is go back to tje pre-covid spending numbers

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Story: https://www.nbcnews.com/news/amp/rcna164764

Suggest specific cuts to programs in the government and how much that would impact the debt.
Short of cutting 1/3 of the Defense budget, everything else is nickles on the dollar.

So "raising" taxes is the only way to go, but it is really just letting the Trump tax cuts that blew up our debt, lapse.

No. All we have to do is go back to tje pre-covid spending numbers

We have a completely different economy now.

[Anonymous]

[Anonymous]

Anonymous wrote:

This is what the Fed wanted. Rate cuts are sure to happen now.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

This is what the Fed wanted. Rate cuts are sure to happen now.

Do you think they’ll still wait till September or cut them sooner?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

This is what the Fed wanted. Rate cuts are sure to happen now.

The Fed wanted a soft landing, which this is not. Monetary policy is too restrictive and Harrisnomics is working!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

This is what the Fed wanted. Rate cuts are sure to happen now.

The Fed wanted a soft landing, which this is not. Monetary policy is too restrictive and Harrisnomics is working!

Waaaaay too early to declare that. A "soft landing" is when a central bank "is able to bring inflation down and cool a hot economy without setting off a significant decline in economic activity, also known as a recession."

No indications yet that we are in a recession. And even a mild one-to-two quarter recession wouldn't be bad. It would allow rates to get cut, refinancing to gear up, and allow balance sheets some breathing room.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

This is what the Fed wanted. Rate cuts are sure to happen now.

The Fed wanted a soft landing, which this is not. Monetary policy is too restrictive and Harrisnomics is working!

Waaaaay too early to declare that. A "soft landing" is when a central bank "is able to bring inflation down and cool a hot economy without setting off a significant decline in economic activity, also known as a recession."

No indications yet that we are in a recession. And even a mild one-to-two quarter recession wouldn't be bad. It would allow rates to get cut, refinancing to gear up, and allow balance sheets some breathing room.

Today's number triggered the Sahm rule, which says we are already in a recession.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

This is what the Fed wanted. Rate cuts are sure to happen now.

The Fed wanted a soft landing, which this is not. Monetary policy is too restrictive and Harrisnomics is working!

Waaaaay too early to declare that. A "soft landing" is when a central bank "is able to bring inflation down and cool a hot economy without setting off a significant decline in economic activity, also known as a recession."

No indications yet that we are in a recession. And even a mild one-to-two quarter recession wouldn't be bad. It would allow rates to get cut, refinancing to gear up, and allow balance sheets some breathing room.

Today's number triggered the Sahm rule, which says we are already in a recession.

Perfect timing for the November elections... Trump wins

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

This is what the Fed wanted. Rate cuts are sure to happen now.

The Fed wanted a soft landing, which this is not. Monetary policy is too restrictive and Harrisnomics is working!

Waaaaay too early to declare that. A "soft landing" is when a central bank "is able to bring inflation down and cool a hot economy without setting off a significant decline in economic activity, also known as a recession."

No indications yet that we are in a recession. And even a mild one-to-two quarter recession wouldn't be bad. It would allow rates to get cut, refinancing to gear up, and allow balance sheets some breathing room.

Today's number triggered the Sahm rule, which says we are already in a recession.

Perfect timing for the November elections... Trump wins

Remind us what Trump's plan is for inflation? Have been waiting, but all talk, no policy?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

This is what the Fed wanted. Rate cuts are sure to happen now.

The Fed wanted a soft landing, which this is not. Monetary policy is too restrictive and Harrisnomics is working!

Waaaaay too early to declare that. A "soft landing" is when a central bank "is able to bring inflation down and cool a hot economy without setting off a significant decline in economic activity, also known as a recession."

No indications yet that we are in a recession. And even a mild one-to-two quarter recession wouldn't be bad. It would allow rates to get cut, refinancing to gear up, and allow balance sheets some breathing room.

Today's number triggered the Sahm rule, which says we are already in a recession.

Don't worry. Just like the last recession, democrats will change the definition of recession.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

This is what the Fed wanted. Rate cuts are sure to happen now.

The Fed wanted a soft landing, which this is not. Monetary policy is too restrictive and Harrisnomics is working!

Waaaaay too early to declare that. A "soft landing" is when a central bank "is able to bring inflation down and cool a hot economy without setting off a significant decline in economic activity, also known as a recession."

No indications yet that we are in a recession. And even a mild one-to-two quarter recession wouldn't be bad. It would allow rates to get cut, refinancing to gear up, and allow balance sheets some breathing room.

Today's number triggered the Sahm rule, which says we are already in a recession.

Perfect timing for the November elections... Trump wins

Remind us what Trump's plan is for inflation? Have been waiting, but all talk, no policy?

Trade, tariffs and energy. Don't accuse him of inaction because you haven't been paying attention.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

This is what the Fed wanted. Rate cuts are sure to happen now.

The Fed wanted a soft landing, which this is not. Monetary policy is too restrictive and Harrisnomics is working!

Waaaaay too early to declare that. A "soft landing" is when a central bank "is able to bring inflation down and cool a hot economy without setting off a significant decline in economic activity, also known as a recession."

No indications yet that we are in a recession. And even a mild one-to-two quarter recession wouldn't be bad. It would allow rates to get cut, refinancing to gear up, and allow balance sheets some breathing room.

Today's number triggered the Sahm rule, which says we are already in a recession.

Perfect timing for the November elections... Trump wins

Remind us what Trump's plan is for inflation? Have been waiting, but all talk, no policy?

Trade, tariffs and energy. Don't accuse him of inaction because you haven't been paying attention.

But tariffs are inflationary and energy only drove a portion of inflation. That's it? Doesn't sound like a promising plan.

[Anonymous]

Unemployment hits highest level in three years.

June employment numbers revised downward.