All You Need to Know About Bidenomics in One Graph

[Weatherman2020]

Decades of prosperity and lives improving came to an end in 2021. Democrats have no one to blame except themselves.

As the savings of Americans decline in value, inflation eats up the rest.

DJIA | Dow Jones Industrial Average Stock Prices and Charts - WSJ

View the full Dow Jones Industrial Average (DJIA) index overview including the latest stock market news, data and trading information.

www.wsj.com

 

[postman]

Decades of prosperity and lives improving came to an end in 2021. Democrats have no one to blame except themselves.

As the savings of Americans decline in value, inflation eats up the rest.

Why don't you post the UNEMPLOYMENT graph?

More people make a living by working, than by investing in the stock market.

 

[DBA]

View attachment 865071

Decades of prosperity and lives improving came to an end in 2021. Democrats have no one to blame except themselves.

As the savings of Americans decline in value, inflation eats up the rest.

DJIA | Dow Jones Industrial Average Stock Prices and Charts - WSJ

View the full Dow Jones Industrial Average (DJIA) index overview including the latest stock market news, data and trading information.

www.wsj.com

Mac1958 doesn’t care because being the financial genius he is, he can time the market, buy the shorts and the puts at just the right time, every time.

 

[Woodznutz]

Biden's economy was tanked by the pandemic. Trump would have suffered the same if elected.

 

[ReinyDays]

The DJIA reflects the prosperity of the Rich only ... stupid ... what's good for the Middle Class is bad for the Rich, thus the DJIA goes down ... God, are you really this clueless? ... when the workers get a big raise, and a bigger chunk of the company profits, dividend payments go down and so does share prices ...

You live in Russia or something? ...

 

[wamose]

Joe says that economists 100 years from now will be praising him for how he grew the economy from the bottom up and the middle out. WTF does that even mean and how is what he's doing going to bring that about? MAGA

 

[Bob Blaylock]

Biden's economy was tanked by the pandemic. Trump would have suffered the same if elected.

It was tanked by the acts of corrupt politicians—nearly all Democraps—exploiting an exaggerated cold outbreak for political purposes.

 

[Bob Blaylock]

The DJIA reflects the prosperity of the Rich only ... stupid ... what's good for the Middle Class is bad for the Rich, thus the DJIA goes down ... God, are you really this clueless? ... when the workers get a big raise, and a bigger chunk of the company profits, dividend payments go down and so does share prices ...

You live in Russia or something? ...

Do you have a retirement account? If so, it is probably in mutual funds, which are invested in stocks. That's where a pretty good chunk of the stocks are.

The middle-class is, by this definition, “the rich”.

 

[1srelluc]

The DJIA reflects the prosperity of the Rich only ... stupid ... what's good for the Middle Class is bad for the Rich, thus the DJIA goes down ... God, are you really this clueless? ... when the workers get a big raise, and a bigger chunk of the company profits, dividend payments go down and so does share prices ...

You live in Russia or something? ...

You fookin' idiot, the real middle class is invested in the stock market.

Half of what's left of the faux middle class spends their time trying to transfer CC balances to stave off the wolf at their doors.

 

[postman]

Biden's economy was tanked by the pandemic. Trump would have suffered the same if elected.

I beg to differ. Trump wouldn't have pushed for COVID vaccinations. He would have left it up to the states, meaning the pandemic would have gone on for longer than it did. And the economic impact would have gone on for longer than it did.

 

[Harpy Eagle]

Do you have a retirement account? If so, it is probably in mutual funds, which are invested in stocks. That's where a pretty good chunk of the stocks are.

and unless you plan to use it soon you are actually better off in the long run with the market being down for a while, as you are able to buy more shares for the same dollars.

 

[Woodznutz]

I beg to differ. Trump wouldn't have pushed for COVID vaccinations. He would have left it up to the states, meaning the pandemic would have gone on for longer than it did. And the economic impact would have gone on for longer than it did.

He supported vaccinations after his bout with Covid.

 

[iamwhatiseem]

Labor participation rate is still well below pre-pandemic

 

[postman]

It was tanked by the acts of corrupt politicians—nearly all Democraps—exploiting an exaggerated cold outbreak for political purposes.

Then explain why Florida has the highest inflation rates in the country?

Which US regions have the highest inflation rate?

The country’s average rate of inflation has been on the decline over the past 12 months, but some American regions and cities are still feeling a tighter pinch than others.

usafacts.org

With Tampa-St Pete 6.7%
Miami 7.4%

WTF is DeSantis doing?

 

[Woodznutz]

Labor participation rate is still well below pre-pandemic

Especially since Gen Z doesn't like the idea of work, it interferes with their life.

 

[postman]

He supported vaccinations after his bout with Covid.

Actually NOT. Trump kept his vaccination status quiet (no public vaccination)

Trump and his wife, Melania, quietly received coronavirus vaccinations in January before leaving the White House, an adviser said on Monday.

Trump actually caused a lot of his MAGA followers to refuse vaccinations.

 

[postman]

Labor participation rate is still well below pre-pandemic

If you look up the stats, it's because a lot of people retired during the pandemic.

Amid the pandemic, a rising share of older U.S. adults are now retired

As of the third quarter of 2021, 50.3% of U.S. adults 55 and older said they were out of the labor force due to retirement.

www.pewresearch.org

Amid the pandemic, a rising share of older U.S. adults are now retired.

As of the third quarter of 2021, 50.3% of U.S. adults 55 and older said they were out of the labor force due to retirement

 

[Woodznutz]

Actually NOT. Trump kept his vaccination status quiet (no public vaccination)

Trump and his wife, Melania, quietly received coronavirus vaccinations in January before leaving the White House, an adviser said on Monday.

Trump actually caused a lot of his MAGA followers to refuse vaccinations.

He eventually caved.

 

[iamwhatiseem]

If you look up the stats, it's because a lot of people retired during the pandemic.

No
It actually looks worse when you remove people on disability and people over 65.

 

[postman]

No
It actually looks worse when you remove people on disability and people over 65.

Amid the pandemic, a rising share of older U.S. adults are now retired.

As of the third quarter of 2021, 50.3% of U.S. adults 55 and older said they were out of the labor force due to retirement

More Americans are forced to retire early — and are unprepared for the long haul

Americans are forced into retiring earlier than they imagined, they don’t have an inkling of how much they need to save, nor do they know how many years they might need to finance after they leave the workforce.

finance.yahoo.com

...retirees say they retired at a median age of 62.