Biden’s grade on the economy rises to A-

[Synthaholic]

Like so many liberal stories it is simplistic, without backup and is used
to push a faulty conclusion.

OK, what's the non-simplistic explanation that I'm missing regarding those oil figures?

 

[Synthaholic]

Oh no!

A CFO wants to make as much money as they can. The horror, the horror!

You don't even realize that you just confirmed the price-gouging.

A CFO looking to make as much money as they can, or "take as much pricing as we think the consumer can absorb" has ZERO to do with inflation, zero to do with President Biden. And you just admitted it. Good job, Todd!

 

[Toddsterpatriot]

OK, what's the non-simplistic explanation that I'm missing regarding those oil figures?

What was the price the other 90 days of the quarter?
What was the volume of oil they produced?
What was the volume of gasoline they sold?
What were the taxes involved?
And dozens of other variables that the unsourced supposed snapshot didn't provide.

 

[Toddsterpatriot]

A CFO looking to make as much money as they can, or "take as much pricing as we think the consumer can absorb" has ZERO to do with inflation,

How is what that CFO said any different from what any CFO said last year, 5 years ago, 10 years ago?

Companies are always looking to "take as much pricing as we think the consumer can absorb."

Maybe you're confused about the definition of price gouging?

Post the definition you're using and I'll be happy to try to help you understand.

 

[Synthaholic]

How is what that CFO said any different from what any CFO said last year, 5 years ago, 10 years ago?

Companies are always looking to "take as much pricing as we think the consumer can absorb."

Maybe you're confused about the definition of price gouging?

Post the definition you're using and I'll be happy to try to help you understand.

Again, not inflation, not Biden's fault. Thanks again, Todd!

 

[Toddsterpatriot]

Again, not inflation, not Biden's fault. Thanks again, Todd!

You sound confused about the definition of inflation.

Post the definition you're using and I'll be happy to try to help you understand.

 

[Synthaholic]

You sound confused about the definition of inflation.

Post the definition you're using and I'll be happy to try to help you understand.

No need. You already confirmed that this is what corporations have done for years: jack up prices to their highest limit. The fake "inflation" is just giving them cover.

You sure you're not a Democrat?

 

[Toddsterpatriot]

No need. You already confirmed that this is what corporations have done for years: jack up prices to their highest limit. The fake "inflation" is just giving them cover.

You sure you're not a Democrat?

You already confirmed that this is what corporations have done for years: jack up prices to their highest limit.

You were under the impression corporations didn't do this until senile Joe?
Why wasn't inflation over 8% under pro-business Trump?

The fake "inflation" is just giving them cover.

Better cover than fake "price-gouging" is going to give the Dems in November, eh?

You sure you're not a Democrat?

I understand way too much to be a Democrat.

 

[Leweman]

Whelp. This didn't age well

 

[Synthaholic]

Whelp. This didn't age well

Oh, really?

 

[Synthaholic]

Yes. Yes it is.

 

[Synthaholic]

Fox Business. Well, how 'bout that!

 

[Synthaholic]

THE BIDEN BOOM!​

 

[Synthaholic]

Happy days are here again! Everybody sing!

 

[Synthaholic]

Let's Go Brandon!!!

 

[Synthaholic]

President Biden is God's choice.

 

[Toddsterpatriot]

President Biden is God's choice.

Good old "Budget Hawk" Biden.
Always cutting spending, every chance he gets.

 

[g5000]

Of the eight presidents, Biden gets the highest marks for the total number of new jobs created since he took office, and also for real GDP growth per capita.

The deficit for FY2021 was three fucking trillion dollars. That artificially juiced GDP growth.

Giving Biden, or any of our past three presidents, credit for GDP growth is like giving Jack the Ripper credit for growth in the mortuary services industry.

 

[BackAgain]

Or D+. Same thing.

 

[AzogtheDefiler]

Many people are saying this is the most beautiful economy they've ever seen. If this wasn't Biden's economy he'd probably be dating it. Biden is the only one who can fix things.


Biden’s grade on the economy rises to A-

President Biden has an enviable problem: The economy under his watch is doing a lot better than voters give him credit for.

In the latest update of the Yahoo Finance Bidenomics Report Card, Biden’s grade on the economy rose from B+ to A-. This isn’t our opinion. It’s what the numbers tell us. We developed this methodology at the beginning of the Trump administration, with the help of Moody’s Analytics, and we’ve kept it in place for Biden. We determine each president’s grade by tracking six economic indicators back to the 1970s and rating how the current president compares with the prior seven at the same point in their first terms, going back to Jimmy Carter. (Here’s our full methodology.)

Of the eight presidents, Biden gets the highest marks for the total number of new jobs created since he took office, and also for real GDP growth per capita. Biden also gets top marks for the increase in exports during his presidency, although that data only goes back to 1993, so he’s the best of five presidents.

Biden gets second-best marks for the number of new manufacturing jobs, and for gains in the S&P 500 stock index. His only sub-par number is on average hourly earnings, where he ranks second-last.

More at the link.


View attachment 599123

Biden’s grade on the economy rises to A-

If not for inflation and Covid, Americans would feel like a boom is on.

finance.yahoo.com

We ll see what happens in November