- Nov 14, 2011
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Fawnboi just can’t call out the OP for his blatant lies, but tried to say I lied by claiming we were in a recession 2 days before it was publicly announced.
But he isn’t a hack.
Poor baby.
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Fawnboi just can’t call out the OP for his blatant lies, but tried to say I lied by claiming we were in a recession 2 days before it was publicly announced.
But he isn’t a hack.
Since the Dembots thought Xiden had the best economy ever, two months into office, it's obvious he was handed and inherit something they thought was great....best ever even....and now, two years into his admin, his policies and the policies of the Dem Congress...we have skyrocket inflation, recession, massive interest rates....well...bascially the worst economy in decadesWas it the best economy "ever" in March 2021? If so, which of your Vegetable Messiah's policies gave us the best economy "ever" a mere 2 months into office, Simp.
To recap for those at home only watching Dr Seuss news and buying up Mr Potato heads.
- Stock market is a rocket ship setting new records that Trump couldn’t hit even pre covid.
- Unemployment that spiked under Republican mishandling of the pandemic is easing.
- Joe Biden is well on his way to be one of the greatest tactical presidents ever executing strategy.
Dow ends at new record above 32,000 as investors eye fiscal stimulus, sell technology stocks
The Dow closed above 32,000 for the first time Wednesday, but technology stocks lagged, as investors bet on further gains for parts of the economy that could...www.marketwatch.com
U.S. Jobless Claims Ease as Hiring Picks Up
New filings for unemployment benefits last week neared their lowest level since the pandemic fueled a surge in layoffs last March, adding to evidence of renewed labor-market growth.www.wsj.com
the truth doesnt pay muchNot if you earn under 400,000 a year. Mark Levin, Hannity, Ingraham, Carlson and most of Fox news anchors are mad at it, they wont get anything, but new taxes.
ABC reports, "American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.Far more significant is unemployment, or lack thereof. Unemployment has been at or around 3.6%, or full employment, for several months.
Another significant factor is job growth. ABC reports, "The nation's June jobs report showed that hiring has remained healthy, with employers adding 372,000 jobs last month."
Most important of all, because the American economy is based on consumer spending, consumer spending is solid. Consumer spending is healthy.
ABC reports, "American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.
"Job openings fell to a still-high 10.7 million in June from 11.3 million in May, the Labor Department said Tuesday. Job openings, which never exceeded 8 million in a month before last year, had topped 11 million every month from December through May before dipping in June."
Beats me what Americans are complaining about. Apparently, most are unaware that inflation is a by-product of prosperous times. Inflation would be licked by a recession, resulting in job losses and higher unemployment causing consumers to spend less. Recession is the only way inflation would subside. Is that what Americans want?
In the meantime, Biden gets poor marks for his handling of the economy. That is confusing as well.
ABC continued, "The job market has been resilient so far this year, and companies have complained that it is hard to fill open positions: Employers have added an average of 457,000 jobs a month in 2022; and unemployment is near a 50-year low. That is one reason many economists believe the economy is not yet in a recession."
“If the economy is rolling over, the labor market had apparently not gotten the memo yet as of the end of June,'' said Stephen Stanley, chief economist at Amherst Pierpont Securities. “A case could be made for slight moderation from an egregiously overheated state, but that is about as far as I would go in assessing labor market conditions.''
That is a proper assessment by an expert of our economic situation. Of course, it is the job of every Republican to be pessimistic about the American economy.
It is equally obvious that, under the circumstances, if Republicans were in charge, they would be clamoring about how great the American economy is.
Not if you earn under 400,000 a year. Mark Levin, Hannity, Ingraham, Carlson and most of Fox news anchors are mad at it, they wont get anything, but new taxes.
ABC reports, "American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.
"Job openings fell to a still-high 10.7 million in June from 11.3 million in May, the Labor Department said Tuesday. Job openings, which never exceeded 8 million in a month before last year, had topped 11 million every month from December through May before dipping in June."
Beats me what Americans are complaining about. Apparently, most are unaware that inflation is a by-product of prosperous times. Inflation would be licked by a recession, resulting in job losses and higher unemployment causing consumers to spend less. Recession is the only way inflation would subside. Is that what Americans want?
In the meantime, Biden gets poor marks for his handling of the economy. That is confusing as well.
ABC continued, "The job market has been resilient so far this year, and companies have complained that it is hard to fill open positions: Employers have added an average of 457,000 jobs a month in 2022; and unemployment is near a 50-year low. That is one reason many economists believe the economy is not yet in a recession."
“If the economy is rolling over, the labor market had apparently not gotten the memo yet as of the end of June,'' said Stephen Stanley, chief economist at Amherst Pierpont Securities. “A case could be made for slight moderation from an egregiously overheated state, but that is about as far as I would go in assessing labor market conditions.''
That is a proper assessment by an expert of our economic situation. Of course, it is the job of every Republican to be pessimistic about the American economy.
It is equally obvious that, under the circumstances, if Republicans were in charge, they would be clamoring about how great the American economy is.