More Incredible Biden Data this Morning !

[The Banker]

GDP came in at a great +2.4%, crushing the expected 1.8% inc
But inflation plummeted again coming in at a low 2.6%, significantly below expectations

The economy keeps getting better and better every day/week/month.
It has become very obvious and apparent that Trump's best buddy Putin's war in Ukraine and subsequent surge in all commodities was the main cause of inflation and weakness last year.
Europe is in a recession right now, solely because of Putin's war.

Things are set to get even better next year as everything normalizes from the Ukraine war and Covid.
This looks to be the beginning of another Bill Clinton style Golden Age of Prosperity.
The economy could boom at 3+% growth next year, giving us 4 more years of brilliant Biden policy.

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

 

[JWBooth]

More Incredible Biden Data this Morning !​

Incredible as in lacking credibility.

 

[Dekster]

Well the markets believe it so much the Dow surged eight hundredths of one percent. Let's Go Brandon

 

[Ralph Norton]

brilliant Biden policy.

 

[The Banker]

God bless America
and God Bless Joe "Bill Clinton 2.0" Biden and his brilliant economic policy !

4 more years !!

 

[luiza]

There Is No Such Thing As “Bidenomics”​

The supposed financial progress that Biden is trying to take credit for has nothing to do with Biden’s policies. Not a thing. Unless, of course, you count market manipulation as a positive.

For example, the reduction in CPI is directly related to the continuous interest rate hikes of the Federal Reserve, which Biden has zero control over. The Fed is autonomous and makes its decisions independent of the White House or government. This is a fact openly admitted by former chairman Alan Greenspan. When the fed raises rates, debt becomes more expensive, lending slows down and thus the economy slows down.

One of the only ways that Biden can influence CPI is through artificial deflation of energy prices. The Biden Administration has been dumping US strategic oil reserves on the market for the past year as a means to suppress oil prices, thereby directly and indirectly keeping the CPI numbers down. This is not progress, it’s economic fraud.

The misuse of stats extends to other sectors, such as Biden’s attempt to take credit for the recent reduction in the US deficit. Again, this has nothing to do with Biden; the Fed’s interest rate hikes make it more expensive for the government to take on debt, therefore, debt spending drops.

 

[Independent thinker]

GDP came in at a great +2.4%, crushing the expected 1.8% inc
But inflation plummeted again coming in at a low 2.6%, significantly below expectations

The economy keeps getting better and better every day/week/month.
It has become very obvious and apparent that Trump's best buddy Putin's war in Ukraine and subsequent surge in all commodities was the main cause of inflation and weakness last year.
Europe is in a recession right now, solely because of Putin's war.

Things are set to get even better next year as everything normalizes from the Ukraine war and Covid.
This looks to be the beginning of another Bill Clinton style Golden Age of Prosperity.
The economy could boom at 3+% growth next year, giving us 4 more years of brilliant Biden policy.

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

Yes, Hunter, we know you love your dad.

 

[JustAnotherNut]

GDP came in at a great +2.4%, crushing the expected 1.8% inc
But inflation plummeted again coming in at a low 2.6%, significantly below expectations

The economy keeps getting better and better every day/week/month.
It has become very obvious and apparent that Trump's best buddy Putin's war in Ukraine and subsequent surge in all commodities was the main cause of inflation and weakness last year.
Europe is in a recession right now, solely because of Putin's war.

Things are set to get even better next year as everything normalizes from the Ukraine war and Covid.
This looks to be the beginning of another Bill Clinton style Golden Age of Prosperity.
The economy could boom at 3+% growth next year, giving us 4 more years of brilliant Biden policy.

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

God bless America
and God Bless Joe "Bill Clinton 2.0" Biden and his brilliant economic policy !

4 more years !!

Yeah???? You got a good paying job that provides enough income for a mortgage, utilities, car payments, credit cards, phone and/or internet, enough food and sundries, hobbies AND some extra jingle in your pocket????? Living in your parents basement, doesn't count


There are all too many that don't have enough for even the absolute basics such as shelter & food, even if they are working

 

[The Banker]

Yeah???? You got a good paying job that provides enough income for a mortgage, utilities, car payments, credit cards, phone and/or internet, enough food and sundries, hobbies AND some extra jingle in your pocket????? Living in your parents basement, doesn't count


There are all too many that don't have enough for even the absolute basics such as shelter & food, even if they are working

yea all the idiot republicans that have no education and no job skills.

Most people have plenty of money and a great job that pays very well

 

[Lastamender]

“Bidenomics” Is a Fraud Based on Deliberately Misrepresented Stats

Economic issues are some of the most politically abused issues often because the data politicians exploit is easy to present

conservativeplaybook.com

All just fucking lies. Like usual.


One of the only ways that Biden can influence CPI is through artificial deflation of energy prices. The Biden Administration has been dumping US strategic oil reserves on the market for the past year as a means to suppress oil prices, thereby directly and indirectly keeping the CPI numbers down. This is not progress, it’s economic fraud.

The misuse of stats extends to other sectors, such as Biden’s attempt to take credit for the recent reduction in the US deficit. Again, this has nothing to do with Biden; the Fed’s interest rate hikes make it more expensive for the government to take on debt, therefore, debt spending drops.

It’s also not a situation that signals a recovery in the economy – The Fed continues to hike rates supposedly to stall inflation, but higher rates in a debt heavy environment lead to inevitable deflationary upheaval. As I predicted a year ago, the Fed is continuing to increase interest rates until this happens.

 

[The Banker]

“Bidenomics” Is a Fraud Based on Deliberately Misrepresented Stats

Economic issues are some of the most politically abused issues often because the data politicians exploit is easy to present

conservativeplaybook.com

The GOP Deep state is in a panic right now

Clarence Thomas, Trump, McCarthy, Ted Cruz, Hannity, a bunch of billionaires, everyone are in a secret meeting right now to try and figure out how they can sabotage Biden's economy, which is their only chance at winning in 2024.

 

[Ralph Norton]

Clarence Thomas, Trump, McCarthy, Ted Cruz, Hannity, everyone are in a secret meeting right now to try and figure out how they can sabotage Biden's economy, which is their only chance at winning in 2024.

You are deranged.
But then I've mentioned that before.

 

[AntonToo]

More Incredible Biden Data this Morning !​

Incredible as in lacking credibility.

Did same sources lack credibility while [your guy] was in the White House?

 

[Lastamender]

The GOP Deep state is in a panic right now

Clarence Thomas, Trump, McCarthy, Ted Cruz, Hannity, everyone are in a secret meeting right now to try and figure out how they can sabotage Biden's economy, which is their only chance at winning in 2024.

 

[JustAnotherNut]

yea all the idiot republicans that have no education and no job skills.

Most people have plenty of money and a great job that pays very well

You didn't answer my question.........do YOU have a great paying job that allows YOU to pay for all those nice things????? Your response of 'all the idiot republicans' tells me you don't


I live in the leftist run shithole of a state where people (or whatever the fuck they identify as) are struggling to keep a roof over their heads, food on the table and gas to commute to those high tech jobs to pay for it......regardless of their personal politics.

 

[Catsnmeters]

GDP came in at a great +2.4%, crushing the expected 1.8% inc
But inflation plummeted again coming in at a low 2.6%, significantly below expectations

The economy keeps getting better and better every day/week/month.
It has become very obvious and apparent that Trump's best buddy Putin's war in Ukraine and subsequent surge in all commodities was the main cause of inflation and weakness last year.
Europe is in a recession right now, solely because of Putin's war.

Things are set to get even better next year as everything normalizes from the Ukraine war and Covid.
This looks to be the beginning of another Bill Clinton style Golden Age of Prosperity.
The economy could boom at 3+% growth next year, giving us 4 more years of brilliant Biden policy.

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

Great news.

Thanks president Biden.

 

[JustAnotherNut]

The GOP Deep state is in a panic right now

Clarence Thomas, Trump, McCarthy, Ted Cruz, Hannity, a bunch of billionaires, everyone are in a secret meeting right now to try and figure out how they can sabotage Biden's economy, which is their only chance at winning in 2024.




OMFG this thread needs to go to Conspiracy Theories for kindergarteners. WTF are you even babbling about??? Nevermind, I don't want to know.

 

[JWBooth]

Did same sources lack credibility while [your guy] was in the White House?

The last fellow that remotely qualified as my guy left office after two full terms in 1988.

 

[MisterBeale]

The Bad-Vibes Economy​

The president is selling the success of “Bidenomics,” but nobody’s buying.

The Bad-Vibes Economy

The president is selling the success of “Bidenomics,” but nobody’s buying.

www.theatlantic.com

". . . Beyond that, though, is a disconnect between what’s actually happening in the economy and what people are hearing in the news. In May’s Michigan consumer survey, for instance, roughly twice as many respondents said they’d heard stories about unemployment as had heard stories about hiring. One under-discussed reason for this is that the industries that play an essential role in shaping public perception of the economy—finance, tech, and the media—have been going through a much tougher time than the rest of the economy has.

The tech industry has seen a host of layoffs over the past year, including at some of the country’s most high-profile companies—Meta, Alphabet, Microsoft. Media companies have been hit hard by a fall in ad spending and by the continued impact of streaming. And in finance, rising interest rates sparked actual bank runs earlier this year, as well as slowing down dealmaking and putting the bull market in stocks on temporary pause.

All of this has naturally made people in these particular businesses pessimistic about the economy as a whole, even though their problems are really industry specific. Arguably, these professionals play an outsize role as opinion formers and mood creators. Wall Street and academic economists have been forecasting recession for months. Tech bros on Twitter have been beating the recession drums and insisting that the economic data are wrong—things are much worse than the numbers suggest. And the financial media have been generally gloomy, and endlessly surprised at the continued strength of the job market, as exemplified by a New York Times headline from last week that read, “Against the Odds, the U.S. Economy Chugs Along, as Fears Linger.” (And that was not even the first time in a year that the Times used “Fears Linger” to headline a story about the economy.) . . . "

 

[bigrebnc1775]

yea all the idiot republicans that have no education and no job skills.

Most people have plenty of money and a great job that pays very well

Funny shit only 36% of Americans approve of bidenomics