Is the President soaring as his nemesis plummets into the abyss?

[justoffal]

I am not an economist. I rely upon the empirical data, and a recognition of what is being achieved for the nation. E.g.,

Dollar steadies as U.S. economy stays resilient
Economy adds 209K jobs in June, unemployment at 3.6 percent

WV to receive $1.2B for broadband infrastructure

Arkansas to receive $1 billion for broadband build-out under Biden infrastructure bill

Biden-Harris administration announces $3.3B to Texas to deploy high-speed internet infrastructure​

Chinese borrowed money infused into the economy for infrastructure projects is inflationary. The jobs created are not actually jobs. Proof of this is the catastrophic collapse of purchasing power.

Jo

 

[Calypso Jones]

 

[schmidlap]

Chinese borrowed money infused into the economy for infrastructure projects is inflationary. The jobs created are not actually jobs. Proof of this is the catastrophic collapse of purchasing power.

Jo

If you want to insist that a booming economy, low unemployment, and desperately-needed infrastructure renewal are bad for America, and that multiple indictments for sabotaging democracy and showing contempt for national security enhance one's estimation, you can go with that, I guess.

 

[justoffal]

If you want to insist that a booming economy, low unemployment, and desperately-needed infrastructure renewal are bad for America, and that multiple indictments for sabotaging democracy and showing contempt for national security enhance one's estimation, you can go with that, I guess.

I want to insist that economic mumbo jumbo doesn't mean crap at the grocery store cash register. I want to insist that being employed is more of an inconvenience than a benefit when your paycheck can't support you. That's the economy that people will make their decisions on Not smoke and mirrors BS coming from the official government media stations.

I have never seen so many people with calculators in the aisles as I am seeing now. What do you think is on their mind?

 

[Ralph Norton]

If you want to insist that a booming economy, low unemployment, and desperately-needed infrastructure renewal are bad for America, and that multiple indictments for sabotaging democracy and showing contempt for national security enhance one's estimation, you can go with that, I guess.

Where exactly is all this "desperately needed infrastructure renewal" going on?

 

[odanny]

Ask those House and Senate Republicans to give back Federal monies awarded under the BBB Act, since they all voted against it.

 

[westwall]

you think.....the economy is flourishing.

The Lapdog doesn't "think". It merely regurgitates what its masters tell it to.

 

[westwall]

We will have worse than a recession.... We will have a recessive implosion similar to 2008 only this time it won't be be based on the real estate market. When the real value of the dollar catches up to the currency that circulating around there pretending to be worth something in a mere 24 hours time you'll be paying $30 a gallon at the gas pump and $25 for gallon of milk.

It won't come gradually.
Jo

Correct, we are heading for a hyperinflationary spiral. The only good thing about that is trolls, like the lapdog here, will die by the bushel as they can no longer feed themselves.

 

[justoffal]

Where exactly is all this "desperately needed infrastructure renewal" going on?

Good question....and all of the stand around and do nothing jobs created by these pork bills?.... Can't wait to see what it produces.

 

[schmidlap]

I want to insist that economic mumbo jumbo doesn't mean crap at the grocery store cash register. I want to insist that being employed is more of an inconvenience than a benefit when your paycheck can't support you. That's the economy that people will make their decisions on Not smoke and mirrors BS coming from the official government media stations.

I have never seen so many people with calculators in the aisles as I am seeing now. What do you think is on their mind?

Global inflation is, indeed, a serious problem, in some countries more so that others.

Top 10 Countries with the Worst Inflation Rate 2022 » Mikscholars

Top 10 countries with the worst inflation rate 2022: Sudan leads the pack with an inflation rate of 382.82%

www.mikscholars.com

and

Inflation Rate - By Country

Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Inflation Rate - By Country - was last updated on Sunday, April 7, 2024.

tradingeconomics.com

It's worse in most first-world industrial nations than in the U.S.

The U.S. economy doing so well is an unqualified positive, as inflation here has been going down:

Why is inflation going down?​

Headline CPI inflation peaked in June 2022 at 9%, then fell for six straight months to 6.5% by the end of the year. Meanwhile, the core PCE inflation rate peaked in Feb 2022 at 5.4% and is now 4.4%. Both of these are positive signs the runaway inflation train is pulling in at the station.​

[Whatâs The USâ Projected Inflation Rate In 2023?]​

 

[schmidlap]

Where exactly is all this "desperately needed infrastructure renewal" going on?

The nation's long-standing need to confront a crumbling infrastructure is finally being met in many locales across the nation.

Trump: Nation’s infrastructure can be fixed ‘only by me’ (2016)​

Congress has passed a $1.2 trillion bipartisan infrastructure bill,
delivering on a major pillar of President Joe Biden’s domestic agenda
​

Infrastructure Bill: Where’s the Money Going?​

​

Biden laughs at Tuberville hailing Alabama broadband funds he voted against ​

 

[miketx]

Schitfap as usual spews the commie line.

 

[gipper]

How can anyone think Joe or Don is good for America?

The uniparty alters all.

 

[Missourian]

Joe Biden's numbers among crack addicts are soaring!

Not a chicken in every pot, but a rock in every pipe!

 

[schmidlap]

Joe Biden's numbers among crack addicts are soaring!

Not a chicken in every pot, but a rock in every pipe!

Did you make that up all by yourself, or do you have actual empirical data you can cite?

In the meantime, the 2020 loser, an egomaniacal cult leader who still lacks the testicular fortitude to respect the will of the People, persists in attacking America:

​

... “Either they win or we win. And if they win, we no longer have a country,” Trump told the crowd at the Conservative Political Action Conference earlier this year.​

​

“We are the only ones who can stop them,” Trump said in a speech in Iowa last week. “If their corrupt persecutions of our people succeed, they will complete their takeover of this country and destroy your way of life forever, and there’s probably no coming back.”​

​

Sometimes the comments will come as startling, out-of-context posts online: “WORLD WAR III,” for example. Often, Trump posts that the country is “going to HELL,” and describes America as a “nation in decline” and “a failing nation.”​

[MSN]​

 

[schmidlap]

Schitfap as usual spews the commie line.

Returning to objective, empirical reality, inflation continues to fall, and employment and salaries continue to rise.

The unemployment rate in June 2023 was 3.6%, down from 6.3% in January 2021, when goons were attacking outnumbered police defending democracy at the Capitol.

US inflation hits its lowest point since early 2021
as prices ease for gas, groceries and used cars

U.S. wages may climb 4.6% in 2023, the fastest increase in 15 years

Manufacturing, Infrastructure Starts Continue to Lead in Second Quarter
​

What Ever Happened To Trump’s Infrastructure Plan?​

How Biden Got the Infrastructure Deal Trump Couldn’t​

​

 

[miketx]

Returning to objective, empirical reality, inflation continues to fall, and employment and salaries continue to rise.

The unemployment rate in June 2023 was 3.6%, down from 6.3% in January 2021, when goons were attacking outnumbered police defending democracy at the Capitol.

US inflation hits its lowest point since early 2021
as prices ease for gas, groceries and used cars

U.S. wages may climb 4.6% in 2023, the fastest increase in 15 years

Manufacturing, Infrastructure Starts Continue to Lead in Second Quarter
​

What Ever Happened To Trump’s Infrastructure Plan?​

How Biden Got the Infrastructure Deal Trump Couldn’t​

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​

Stop lying schitfap.

 

[Dogmaphobe]

What would any of the Stalinists here do without their cut and pastes?

 

[Oddball]

Correct, we are heading for a hyperinflationary spiral. The only good thing about that is trolls, like the lapdog here, will die by the bushel as they can no longer feed themselves.

Or get shot while looting.

 

[Oddball]

What would any of the Stalinists here do without their cut and pastes?