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Biden supporters - What do you think of this?

Flash

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It looks like Biden's recession is going to get a lot worse. That does not bode well for the Democrats in the mid term, does it?


14 Signs US Economy Poised To Crash Really Hard During Second Half Of 2022

#1 One survey that was just released discovered that 35 percent of all small business owners in the U.S. “could not pay their rent in full or on time in June”.

#2 A different survey found that 51 percent of all small businesses owners in the U.S. believe that rising prices could “force them to close their businesses within the next six months”.

#3 It is being reported that 45 percent of all small businesses in the U.S. have already decided to freeze the hiring of new workers.

#4 Sales of previously owned homes dropped 5.4 percent during the month of June. That is now the fifth month in a row that we have seen a decline.

#5 In three-fourths of the metro areas that Redfin tracks, at least 25 percent of home sellers reduced their asking price during the month of June.

#6 Blackstone has prepared a war chest of 50 billion dollars so that it can scoop up depressed real estate all over the country after housing prices have crashed in the months ahead.

#7 The number of Americans applying for jobless benefits has risen to the highest level in eight months.

#8 Employment postings for software development jobs have dropped off by more than 12 percent during the past four weeks.

#9 The Conference Board’s index of leading economic indicators has now fallen for four months in a row.

#10 The S&P Global Flash U.S. PMI Composite Output Index just went negative for the very first time since the last recession.

#11 The latest number for the Philadelphia Fed manufacturing index came in at -12.3, and that was much worse than what most experts were anticipating. Any reading below zero indicates contraction, and needless to say this reading was way below zero.

#12 Inflation continues to rage out of control even as economic activity in the U.S. significantly slows down. If you can believe it, the average price of a used vehicle in the United States has now risen to a whopping $33,341.

#13 The Atlanta Fed is now projecting that U.S. economic growth for the second quarter will come in at -1.6 percent. If it is ultimately confirmed that the U.S. economy has already been contracting for two quarters in a row, that would mean that we are officially in a recession right now.

#14 Thanks in part to the rapidly tanking economy, Joe Biden’s approval rating has plunged all the way down to 31 percent.

At this point, even the tech giants are extremely concerned about what is coming.

For years, nothing could seem to quash the relentless optimism of the big tech companies, and their stocks soared to absolutely absurd heights.

But now everything has changed as we head into the second half of this year.


The following comes from the Washington Post…

Big Tech is bracing for an economic recession and an uncertain future. That, in turn, is triggering more economic angst.

The biggest tech firms, most of whom report quarterly earnings next week, have offered recent hints they are hunkering down. News of layoffs and hiring slowdowns have become commonplace across Silicon Valley. Start-ups are saying capital is drying up. Workers are being put on notice that businesses are changing.


14 Signs US Economy Poised To Crash Really Hard During Second Half Of 2022 - The Washington Standard
 
OP
Flash

Flash

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By the way, Amazon is laying off 100K employees. Biden has really screwed up the post pandemic recovery that Trump handed him, isn't he?



Amazon Cut Its Staff by Almost 100,000 in the June Quarter


Amazon.com reduced its workforce by nearly 100,000 people in the June quarter, the company disclosed Thursday as part of its latest earnings report. That is a reduction of about 6%, by far the company's largest cut in a single quarter.

The move comes when many other technology companies have been trimming staff in response to a more difficult economic environment. Microsoft, Netflix, and Shopify have all recently disclosed job cuts, for instance, while Alphabet and Meta Platforms have slowed hiring.

Amazon Cut Its Staff by Almost 100,000 in the June Quarter
 

SavannahMann

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I’m sure Republican Policies will fix it. Build the wall. Ban abortion. Ban gay marriage. That will fix the economy. Or something.
 

Mac1958

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Opposing Authoritarian Ideological Fundamentalism.
Predictions on markets and the economy are worthless.
 

1srelluc

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pknopp

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When they don't fit your leftist narrative....Got it.

It was just a few weeks ago people were predicting $350 a barrel for oil. Now that has nothing to do with the midterms and how it will affect the Democrats, I'm simply noting that predictions have many reasons behind them and are often wrong.
 

1srelluc

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Mac1958

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unless your side does it.....
What side, Karen? And back it up.

And provide an example of me ever making or supporting predictions on markets or economics.

This is my profession. You are nothing.
 

Independentthinker

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It looks like Biden's recession is going to get a lot worse. That does not bode well for the Democrats in the mid term, does it?


14 Signs US Economy Poised To Crash Really Hard During Second Half Of 2022

#1 One survey that was just released discovered that 35 percent of all small business owners in the U.S. “could not pay their rent in full or on time in June”.

#2 A different survey found that 51 percent of all small businesses owners in the U.S. believe that rising prices could “force them to close their businesses within the next six months”.

#3 It is being reported that 45 percent of all small businesses in the U.S. have already decided to freeze the hiring of new workers.

#4 Sales of previously owned homes dropped 5.4 percent during the month of June. That is now the fifth month in a row that we have seen a decline.

#5 In three-fourths of the metro areas that Redfin tracks, at least 25 percent of home sellers reduced their asking price during the month of June.

#6 Blackstone has prepared a war chest of 50 billion dollars so that it can scoop up depressed real estate all over the country after housing prices have crashed in the months ahead.

#7 The number of Americans applying for jobless benefits has risen to the highest level in eight months.

#8 Employment postings for software development jobs have dropped off by more than 12 percent during the past four weeks.

#9 The Conference Board’s index of leading economic indicators has now fallen for four months in a row.

#10 The S&P Global Flash U.S. PMI Composite Output Index just went negative for the very first time since the last recession.

#11 The latest number for the Philadelphia Fed manufacturing index came in at -12.3, and that was much worse than what most experts were anticipating. Any reading below zero indicates contraction, and needless to say this reading was way below zero.

#12 Inflation continues to rage out of control even as economic activity in the U.S. significantly slows down. If you can believe it, the average price of a used vehicle in the United States has now risen to a whopping $33,341.

#13 The Atlanta Fed is now projecting that U.S. economic growth for the second quarter will come in at -1.6 percent. If it is ultimately confirmed that the U.S. economy has already been contracting for two quarters in a row, that would mean that we are officially in a recession right now.

#14 Thanks in part to the rapidly tanking economy, Joe Biden’s approval rating has plunged all the way down to 31 percent.

At this point, even the tech giants are extremely concerned about what is coming.

For years, nothing could seem to quash the relentless optimism of the big tech companies, and their stocks soared to absolutely absurd heights.

But now everything has changed as we head into the second half of this year.


The following comes from the Washington Post…

Big Tech is bracing for an economic recession and an uncertain future. That, in turn, is triggering more economic angst.

The biggest tech firms, most of whom report quarterly earnings next week, have offered recent hints they are hunkering down. News of layoffs and hiring slowdowns have become commonplace across Silicon Valley. Start-ups are saying capital is drying up. Workers are being put on notice that businesses are changing.


14 Signs US Economy Poised To Crash Really Hard During Second Half Of 2022 - The Washington Standard
Not to worry. Full steam ahead. Reports from their own administration have confirmed that there are no icebergs ahead.
 

SavannahMann

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You filth only think about gay "sex" and killing babies.

Really? I’m not the one rushing out to pass laws prohibiting it. Think about that.
 

miketx

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Really? I’m not the one rushing out to pass laws prohibiting it. Think about that.

Lol, scum! There is no law prohibiting you getting screwed in the butt by your man. As far laws against murdering babies, that is as it should be. You are are a sick murdering homosexual pervert of the worst kind imaginable.
 

SavannahMann

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Lol, scum! There is no law prohibiting you getting screwed in the butt by your man. As far laws against murdering babies, that is as it should be. You are are a sick murdering homosexual pervert of the worst kind imaginable.

I see you have personal attacks. But tell me. How will any of those policies help the economy? I mean, it’s one thing to blast the opposition for being at fault. It’s the usual Right Wing answer after all. I mean, look at Texas. Blaming the Democrats and Liberals every time. A Special Needs girl is raped in school, and the boy isn’t charged with a crime, and it’s the Democrats fault. The fact that there are Republicans in every single state wide office there is doesn’t matter. A republican county with Republican controlled School Board. Nope. Not enough. The Republicans won’t accept responsibility until every Democrat has been dead for a hundred years, and then they’ll still find a way to blame the Democrats.

It’s our fault that Herschel Walker is lying. Or perhaps it’s just our fault he’s caught in lies. And they’re stupid lies.

Republicans shoot down help for the Veterans, and it’s the Democrats fault they voted against it. They can’t point to anything in particular, just that they didn’t want to take care of the Veterans.

So go on, insult me. I won’t bother telling you it isn’t true. You think the worst of anyone who isn’t a homophobic, sexist, racist, troll like yourself.
 
OP
Flash

Flash

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I’m sure Republican Policies will fix it. Build the wall. Ban abortion. Ban gay marriage. That will fix the economy. Or something.
It took Reagan to fix Carter's disaster.

Slick Willy was a scumbag but he was politically astute enough to let Newt and the Republicans make the economic decisions.

It took Trump to fix Obama's dismal economic growth, increased poverty and jobs fleeing overseas. Of course the Chinese (that made the Biden family rich) put an end to that during the last year of his administration with their bio weapon.

Democrats are shitty leaders and don't know a damn thing about Economics. For instance, now the dodoheads are talking about raising taxes to fix inflation. How dumb is that?

The best way to get the economy back on track is to get rid of these Democrat morons running the government now. The morons that have given us massive inflation, millions of Illegals flooding in, increased poverty, decreased family income, high cost of gas at the pump and a goddamn recession that looks like it is going to get a lot worse.
 

SavannahMann

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It took Reagan to fix Carter's disaster.

Slick Willy was a scumbag but he was politically astute enough to let Newt and the Republicans make the economic decisions.

It took Trump to fix Obama's dismal economic growth, increased poverty and jobs fleeing overseas. Of course the Chinese (that made the Biden family rich) put an end to that during the last year of his administration with their bio weapon.

Democrats are shitty leaders and don't know a damn thing about Economics. For instance, now the dodoheads are talking about raising taxes to fix inflation. How dumb is that?

The best way to get the economy back on track is to get rid of these Democrat morons running the government now. The morons that have given us massive inflation, millions of Illegals flooding in, increased poverty, decreased family income, high cost of gas at the pump and a goddamn recession that looks like it is going to get a lot worse.

I don’t know about that. In Savannah, which is a Democratic City, they just signed a deal for Hyundai to build a plant to build electric cars.


The biggest employers locally are hiring like mad. And again, it’s a Democrat run city. So are those businesses flourishing because of Democrats? Or in spite of them? One flourishing might be in spite. But the Port, The local Paper Plants, Gulfstream, and now Hyundai which will be hiring 8,100 to build electric cars, all choosing this area to invest in. Perhaps they are run by idiots and turning a profit despite their stupidity?
 

miketx

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I see you have personal attacks. But tell me. How will any of those policies help the economy? I mean, it’s one thing to blast the opposition for being at fault. It’s the usual Right Wing answer after all. I mean, look at Texas. Blaming the Democrats and Liberals every time. A Special Needs girl is raped in school, and the boy isn’t charged with a crime, and it’s the Democrats fault. The fact that there are Republicans in every single state wide office there is doesn’t matter. A republican county with Republican controlled School Board. Nope. Not enough. The Republicans won’t accept responsibility until every Democrat has been dead for a hundred years, and then they’ll still find a way to blame the Democrats.

It’s our fault that Herschel Walker is lying. Or perhaps it’s just our fault he’s caught in lies. And they’re stupid lies.

Republicans shoot down help for the Veterans, and it’s the Democrats fault they voted against it. They can’t point to anything in particular, just that they didn’t want to take care of the Veterans.

So go on, insult me. I won’t bother telling you it isn’t true. You think the worst of anyone who isn’t a homophobic, sexist, racist, troll like yourself.
Perverted is as perverted does. Liar too. Fags don't usually live that Long. Can't be good for the economy. They can't have kids so no school clothes every year, etc. Can't be good for the economy. Baby killing, same thing. No baby foods bought, no doctors paid no school clothes, etc. Etc. That's not good for the economy! Normal people and corporations fleeing California. Can't be good for the economy. Catching monkey butt pox can't be good can it? Now lie some more butcher.
 

Magnus

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I’m sure Republican Policies will fix it. Build the wall. Ban abortion. Ban gay marriage. That will fix the economy. Or something.
You're forgetting Rump's promise to repeal Obamacare. Remember that one? Good times!
 

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