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It’s official: Joe has the worlds greatest economy ever

Captain Caveman

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Biden has had the worst polls since 1945. Just think, the worst results in 76 years. I suppose he could call that an achievement, lmfao
 

beautress

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citygator
It’s official. Joe has the grandest economy in the history of the world. He has picked up the pieces of Trump’s disaster and added much needed stability to the government and its returning opportunity everywhere. Links are below. Today’s company profits killed it.
  • Highest corporate profits in history
  • Highest stock market in history
  • Most job opportunities in history

The aggregate third-quarter earnings result for S&P 500 companies has beaten analyst estimates by about 14%, according to Credit Suisse. Banks have beaten estimates by the widest margin, bringing the overall earnings beat drastically higher. Still, companies across the board are clearing profit expectations.

The results are enabling a breadth of stocks to rise, with the Invesco S&P 500 Equal Weight Exchange-Traded Fund (RSP) up 0.6%. That fund weights each holding in the index equally and its movements indicate the breadth of stocks that are up or down.

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^DJI $35,457.31 (+0.56%) on Yahoo Finance
Dow Jones Industrial Average (^DJI) Charts, Data & News - Yahoo Finance
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OK Mr. Smart guy. If the economy is so great, why is the cookie shelf barren of chocolate graham crackers that poor mothers can make their children ice cream sandwiches and fixedincome seniors a reasonably affordable dessert for less than the six dollar boxes in the freezer department?
 

rupol2000

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Unemployment will hit zero percent when Americans start cleaning up Taliban toilets.
 
OP
citygator

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OK Mr. Smart guy. If the economy is so great, why is the cookie shelf barren of chocolate graham crackers that poor mothers can make their children ice cream sandwiches and fixedincome seniors a reasonably affordable dessert for less than the six dollar boxes in the freezer department?
Oh crap! I didn’t realize the chocolate graham cracker index was negative. Sell all your stocks!!!!!

News flash genius. We went through a closing and opening of the economy that affected demand patterns and supply patterns. People are baking more as an output of being shut down putting pressure on some supplies for baking.

Also 3 Mondelez (Oreo parent) snack company plants went on strike in September as well.

Hows the stock market and employment doing?
 

Stryder50

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Yeah, and the reason why?

Jesus fucking Christ you whores are such tools!

Negative job growth was because of the pandemic and State Economies opened up which caused the growth but of course you ignore that like usual!
That's a major factor or part of the situation.
However, it's about to be undone by the various state and federal "mandates" that workers have to be vaccinated to keep their jobs. To paraphrase our current Idiot -in-Chief POTUS, "the unvaccinated need to be vaccinated in order to protect the vaccinated."

If the covid vaccine worked the way other vaccines have worked, the vaccinated would no longer be at risk.

BTW, we were told a year and half ago, a month, two at most of serious "lockdowns" and we'll be free of covid, yet despite all the "experts" tell us and want us to do, it keeps going and going and going ...

Meanwhile, the real place for blame is CCP China which sat on this virus for months and only after a rush of international travel to CCP China for the Asian New Years of 2020 did they finally tell the world what they had let loose. So far, no real penalties fall upon CCP China for another pandemic release, such as we've seen from them in past decades.:mad::eusa_doh::45:
 

Stryder50

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Several article to consider in this link to a list. There's another side or more to the coin about the current economy;

Quitting Time Everywhere: A Guide to “The Great Resignation”​

Why so many people are leaving their jobs right now and what it means for the economy, the future of work, and your career.​

 

Stryder50

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Some added perspective ...
At this moment in time;
US National Debt is about $28.9 Trillion* and growing ...
USA Unfunded Liabilities are at $158 Trillion and growing ...
Source: https://www.usdebtclock.org/index.html

In the next four years, 2025, if current trends prevail, it will be;
US National Debt is about $49+ Trillion and growing ...
USA Unfunded Liabilities are at $197.5 Trillion and growing ...

* National Debt was @ $27 Trillion when Biden took office. He's added nearly $2 trillion in less than a year.
 

Stryder50

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Never ceases to amaze me how the Regressives-Socialists-Leftist (mostly Democrats), often with a few college degrees to their credit, will lecture on economics and wealth while so many of them have little to no real experience in creating wealth. Most of them have lived off collecting on redistributed wealth.

'Quid-pro-Quo/groper/molester' Joe Biden is a classic example. After graduating law school, a couple years at best of scattered efforts in the "Private Sector" where wealth is created, then on to collecting checks from the guv'mint/taxpayers with a career in mostly elected offices. To be true, there was some accumulation of "speaking fees" along the way, but some see those as a way to cover "bribes".

Over all, JRB,jr. has no real world expereince at operating within the profit or loss system of free enterprise, having to meet a payroll, or take the risks that come from ventures to create wealth.
His CV/Resume;

For what it's worth, one finds this same profile fits the Obama's and the Clinton's as well.
 

beautress

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Oh crap! I didn’t realize the chocolate graham cracker index was negative. Sell all your stocks!!!!!

News flash genius. We went through a closing and opening of the economy that affected demand patterns and supply patterns. People are baking more as an output of being shut down putting pressure on some supplies for baking.

Also 3 Mondelez (Oreo parent) snack company plants went on strike in September as well.

Hows the stock market and employment doing?
Shhhhhh. You aren't supposed to call me genius in front of everyone. I was hoping nobody would ever find it out. :tongue:
 

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