It’s the economy: Greatest time to be alive is now. Thanks Biden!

[shockedcanadian]

Wow. Just wow. Here are just 10 reasons why you should be thankful for the time in which you live. We are truly living in the age of honey and wine.

1. Best employment environment in history*** - Not just low unemployment but highest number of open jobs compared to pre-pandemic
2. 66% of Americans own a house valued at record levels** - Huge driver of household wealth
3. Wages growing much faster than inflation**** - People are gaining in real terms
4. 401Ks are growing and higher than any time before the pandemic***** - Congratulations!
5. Record levels in the stock market - Doesn’t help everyone but a good measure of confidence
6. Record amount of Americans with health insurance* - Thanks Obamacare!
7. Crime rates falling in an era of near historically low crime levels****** - Quit crying about outliers, you are safer than ever
8. America is fighting zero wars - Yep… Biden has us in zero wars and the only one to get us out of one.
9. US based manufacturing is rocketing up as companies “reshore” ******
10. FSU and Georgia iced out of the NCAA playoffs!

*Health insurance:

Health insured number U.S. 1990-2022 | Statista

Between 1990 and 2021, the number of Americans having health insurance climbed by almost 40%.

www.statista.com

**Home ownership:

Homeowner Data and Statistics 2023 | Bankrate

Parse the latest U. S. homeowner statistics by age, race, gender, and more — and learn how economic trends have impacted homeownership.

www.bankrate.com

***Job Openings & Unemeployment

Job Openings: Total Nonfarm

Graph and download economic data for Job Openings: Total Nonfarm (JTSJOL) from Dec 2000 to Feb 2024 about job openings, vacancy, nonfarm, and USA.

fred.stlouisfed.org

December jobs report: US economy adds 216,000 jobs, shocking Wall Street

Investors' soft landing narrative is once again put to the test with the release of the December jobs report.

finance.yahoo.com

****Wages growth faster than prices

Workersâ Paychecks Are Growing More Quickly Than Prices

Most workers’ wages are growing more quickly than prices, and the economic recovery following the COVID-19 recession has featured historically strong real wage growth.

www.americanprogress.org

*****401K values

Retirement - Economic Data Series | FRED | St. Louis Fed

2,576 economic data series with tag: Retirement. FRED: Download, graph, and track economic data.

fred.stlouisfed.org

****** Crime

Most people think the U.S. crime rate is rising. They're wrong.

Almost 80 percent of Americans, and 92 percent of Republicans, think crime has gone up. It actually fell in 2023. An expert blames a familiar culprit for the mistaken impression.

www.nbcnews.com

Maufacturing:

US manufacturing sector reaping benefits of reshoring

The U.S. manufacturing sector is benefitting from firms reshoring their operations from overseas back to the U.S. as they try to mitigate vulnerabilities in their supply chains.

www.foxbusiness.com

The greatest administration. Ever!

 

[SassyIrishLass]

The greatest administration. Ever!

Well... no

 

[Blaster]

Wow. Just wow. Here are just 10 reasons why you should be thankful for the time in which you live. We are truly living in the age of honey and wine.

1. Best employment environment in history*** - Not just low unemployment but highest number of open jobs compared to pre-pandemic
2. 66% of Americans own a house valued at record levels** - Huge driver of household wealth
3. Wages growing much faster than inflation**** - People are gaining in real terms
4. 401Ks are growing and higher than any time before the pandemic***** - Congratulations!
5. Record levels in the stock market - Doesn’t help everyone but a good measure of confidence
6. Record amount of Americans with health insurance* - Thanks Obamacare!
7. Crime rates falling in an era of near historically low crime levels****** - Quit crying about outliers, you are safer than ever
8. America is fighting zero wars - Yep… Biden has us in zero wars and the only one to get us out of one.
9. US based manufacturing is rocketing up as companies “reshore” ******
10. FSU and Georgia iced out of the NCAA playoffs!

*Health insurance:

Health insured number U.S. 1990-2022 | Statista

Between 1990 and 2021, the number of Americans having health insurance climbed by almost 40%.

www.statista.com

**Home ownership:

Homeowner Data and Statistics 2023 | Bankrate

Parse the latest U. S. homeowner statistics by age, race, gender, and more — and learn how economic trends have impacted homeownership.

www.bankrate.com

***Job Openings & Unemeployment

Job Openings: Total Nonfarm

Graph and download economic data for Job Openings: Total Nonfarm (JTSJOL) from Dec 2000 to Feb 2024 about job openings, vacancy, nonfarm, and USA.

fred.stlouisfed.org

December jobs report: US economy adds 216,000 jobs, shocking Wall Street

Investors' soft landing narrative is once again put to the test with the release of the December jobs report.

finance.yahoo.com

****Wages growth faster than prices

Workersâ Paychecks Are Growing More Quickly Than Prices

Most workers’ wages are growing more quickly than prices, and the economic recovery following the COVID-19 recession has featured historically strong real wage growth.

www.americanprogress.org

*****401K values

Retirement - Economic Data Series | FRED | St. Louis Fed

2,576 economic data series with tag: Retirement. FRED: Download, graph, and track economic data.

fred.stlouisfed.org

****** Crime

Most people think the U.S. crime rate is rising. They're wrong.

Almost 80 percent of Americans, and 92 percent of Republicans, think crime has gone up. It actually fell in 2023. An expert blames a familiar culprit for the mistaken impression.

www.nbcnews.com

Maufacturing:

US manufacturing sector reaping benefits of reshoring

The U.S. manufacturing sector is benefitting from firms reshoring their operations from overseas back to the U.S. as they try to mitigate vulnerabilities in their supply chains.

www.foxbusiness.com

 

[citygator]

Keegan Michael Key voted and campaigned for his friend Biden you dumbass.

 

[1srelluc]

Wow. Just wow. Here are just 10 reasons why you should be thankful for the time in which you live. We are truly living in the age of honey and wine.

1. Best employment environment in history*** - Not just low unemployment but highest number of open jobs compared to pre-pandemic
2. 66% of Americans own a house valued at record levels** - Huge driver of household wealth
3. Wages growing much faster than inflation**** - People are gaining in real terms
4. 401Ks are growing and higher than any time before the pandemic***** - Congratulations!
5. Record levels in the stock market - Doesn’t help everyone but a good measure of confidence
6. Record amount of Americans with health insurance* - Thanks Obamacare!
7. Crime rates falling in an era of near historically low crime levels****** - Quit crying about outliers, you are safer than ever
8. America is fighting zero wars - Yep… Biden has us in zero wars and the only one to get us out of one.
9. US based manufacturing is rocketing up as companies “reshore” ******
10. FSU and Georgia iced out of the NCAA playoffs!

*Health insurance:

Health insured number U.S. 1990-2022 | Statista

Between 1990 and 2021, the number of Americans having health insurance climbed by almost 40%.

www.statista.com

**Home ownership:

Homeowner Data and Statistics 2023 | Bankrate

Parse the latest U. S. homeowner statistics by age, race, gender, and more — and learn how economic trends have impacted homeownership.

www.bankrate.com

***Job Openings & Unemeployment

Job Openings: Total Nonfarm

Graph and download economic data for Job Openings: Total Nonfarm (JTSJOL) from Dec 2000 to Feb 2024 about job openings, vacancy, nonfarm, and USA.

fred.stlouisfed.org

December jobs report: US economy adds 216,000 jobs, shocking Wall Street

Investors' soft landing narrative is once again put to the test with the release of the December jobs report.

finance.yahoo.com

****Wages growth faster than prices

Workersâ Paychecks Are Growing More Quickly Than Prices

Most workers’ wages are growing more quickly than prices, and the economic recovery following the COVID-19 recession has featured historically strong real wage growth.

www.americanprogress.org

*****401K values

Retirement - Economic Data Series | FRED | St. Louis Fed

2,576 economic data series with tag: Retirement. FRED: Download, graph, and track economic data.

fred.stlouisfed.org

****** Crime

Most people think the U.S. crime rate is rising. They're wrong.

Almost 80 percent of Americans, and 92 percent of Republicans, think crime has gone up. It actually fell in 2023. An expert blames a familiar culprit for the mistaken impression.

www.nbcnews.com

Maufacturing:

US manufacturing sector reaping benefits of reshoring

The U.S. manufacturing sector is benefitting from firms reshoring their operations from overseas back to the U.S. as they try to mitigate vulnerabilities in their supply chains.

www.foxbusiness.com

 

[Harpy Eagle]

Have you looked at your bank account? Surprise. Biden did that!


View attachment 884173

View attachment 884176

 

[DBA]

Can you EVER contribute anything of value to a thread?
Personal insults demonstrate you really know nothing about the topic

Come on, show us your intelligence
Which economic metrics are a “disaster”?

The price of goods and services is the measuring stick of how people feel Is a good economy. Inflation has subsided since the out control numbers earlier in his presidency, but It is still higher than any time when Trump was in office. Prices soared across the board and have only marginally come back down and in some cases not at all. Housing prices, food prices, services prices, insurance prices, etc. are considerably higher and people have more debt on average. The overall sentiment regarding the state of the economy is low and that is because despite all the metrics, people have less money and can buy fewer things with the money they do have.

 

[DBA]

View attachment 884196

People “saved” more money when they couldn’t get out to spend it and were given stimulus. No surprise there.

 

[citygator]

View attachment 884196

Basically flat to pre-pandemic numbers…. and back to RISING last 3 months as I posted.

 

[rightwinger]

The price of goods and services is the measuring stick of how people feel Is a good economy. Inflation has subsided since the out control numbers earlier in his presidency, but It is still higher than any time when Trump was in office. Prices soared across the board and have only marginally come back down and in some cases not at all. Housing prices, food prices, services prices, insurance prices, etc. are considerably higher and people have more debt on average. The overall sentiment regarding the state of the economy is low and that is because despite all the metrics, people have less money and can buy fewer things with the money they do have.

Due to COVID and Ukraine, Inflation skyrocketed globally
President Biden took positive action to control inflation and has brought it down to the 3 percent range
Inflation is under control

 

[Harpy Eagle]

People “saved” more money when they couldn’t get out to spend it and were given stimulus. No surprise there.

I was showing that the rate of savings is not doing great. But I do agree it is silly to compare anything to the 2020 numbers when the Fed Govt was sending out checks like crazy

 

[Harpy Eagle]

Basically flat to pre-pandemic numbers…

so we agree it is nothing to brag about.

 

[citygator]

I was showing that the rate of savings is not doing great. But I do agree it is silly to compare anything to the 2020 numbers when the Fed Govt was sending out checks like crazy

I was just saying that the rate has always been low and it is a reflection of our spend vs save culture vs anything else. Basically we are at the same levels as we were for a decade before the pandemic.

 

[Harpy Eagle]

Prices soared across the board and have only marginally come back down and in some cases not at all. Housing prices, food prices, services prices, insurance prices, etc. are considerably higher

Outside of fuel and some food stuffs, prices never come back down after a period of inflation. Wages catch up to them, but the prices do not come back down.

 

[Woodznutz]

Have you looked at your bank account? Surprise. Biden did that!


View attachment 884173

View attachment 884176

No, I did that.

 

[Woodznutz]

Outside of fuel and some food stuffs, prices never come back down after a period of inflation. Wages catch up to them, but the prices do not come back down.

True with building materials, that's why I'm not building.

 

[Harpy Eagle]

True with building materials, that's why I'm not building.

True with most things. I am glad we built when we did and signed our contract as early as we did.

 

[citygator]

True with building materials, that's why I'm not building.

Well off the highs of lumber prices.

 

[Woodznutz]

Well he made CDs great again....You know, like Carter.

Interest on savings is up, at least for now. Under Carter I was getting 11 percent on my CDs.

 

[Doc7505]

Wow. Just wow. Here are just 10 reasons why you should be thankful for the time in which you live. We are truly living in the age of honey and wine.

1. Best employment environment in history*** - Not just low unemployment but highest number of open jobs compared to pre-pandemic
2. 66% of Americans own a house valued at record levels** - Huge driver of household wealth
3. Wages growing much faster than inflation**** - People are gaining in real terms
4. 401Ks are growing and higher than any time before the pandemic***** - Congratulations!
5. Record levels in the stock market - Doesn’t help everyone but a good measure of confidence
6. Record amount of Americans with health insurance* - Thanks Obamacare!
7. Crime rates falling in an era of near historically low crime levels****** - Quit crying about outliers, you are safer than ever
8. America is fighting zero wars - Yep… Biden has us in zero wars and the only one to get us out of one.
9. US based manufacturing is rocketing up as companies “reshore” ******
10. FSU and Georgia iced out of the NCAA playoffs!

*Health insurance:

Health insured number U.S. 1990-2022 | Statista

Between 1990 and 2021, the number of Americans having health insurance climbed by almost 40%.

www.statista.com

**Home ownership:

Homeowner Data and Statistics 2023 | Bankrate

Parse the latest U. S. homeowner statistics by age, race, gender, and more — and learn how economic trends have impacted homeownership.

www.bankrate.com

***Job Openings & Unemeployment

Job Openings: Total Nonfarm

Graph and download economic data for Job Openings: Total Nonfarm (JTSJOL) from Dec 2000 to Feb 2024 about job openings, vacancy, nonfarm, and USA.

fred.stlouisfed.org

December jobs report: US economy adds 216,000 jobs, shocking Wall Street

Investors' soft landing narrative is once again put to the test with the release of the December jobs report.

finance.yahoo.com

****Wages growth faster than prices

Workersâ Paychecks Are Growing More Quickly Than Prices

Most workers’ wages are growing more quickly than prices, and the economic recovery following the COVID-19 recession has featured historically strong real wage growth.

www.americanprogress.org

*****401K values

Retirement - Economic Data Series | FRED | St. Louis Fed

2,576 economic data series with tag: Retirement. FRED: Download, graph, and track economic data.

fred.stlouisfed.org

****** Crime

Most people think the U.S. crime rate is rising. They're wrong.

Almost 80 percent of Americans, and 92 percent of Republicans, think crime has gone up. It actually fell in 2023. An expert blames a familiar culprit for the mistaken impression.

www.nbcnews.com

Maufacturing:

US manufacturing sector reaping benefits of reshoring

The U.S. manufacturing sector is benefitting from firms reshoring their operations from overseas back to the U.S. as they try to mitigate vulnerabilities in their supply chains.

www.foxbusiness.com

~~~~~~

Even Most Biden Voters Don’t See a Thriving Economy

A majority of those who backed President Biden in 2020 say today’s economy is fair or poor, ordinarily a bad omen for incumbents seeking re-election.

www.nytimes.com

**********​

Fact Check: Nine Misleading Claims in President Biden’s Inflation Denial - House Committee on Ways and Means

President Biden’s new strategy to fight inflation looks a lot like his old strategy to fight inflation – more denial, more excuses, and no solutions. Here are nine misleading claims in his most recent remarks. CLAIM: “Republicans have no plan to bring down prices.” FACT: If Democrats wanted to...

waysandmeans.house.gov