Biden policies are not responsible for what we are seeing right now. Many months of interest rate boost by the Fed is finally paying off. The economy is beginning to contract which is starting to send inflation down to the 2% level which was the Fed inflation goal. Now that the Fed has seen a sharp decrease in new job creations and a rise in unemployment they will begin dropping interest rates. Although this will put upward pressure on the stock market, we will likely see more economic indictors of a contraction in the economy. Whether that will turn into a recession, we will have to wait and see, probably after the new year it will be clearer where we are headed. .
If you are referring to Biden's major spending programs, about 1.6 trillion. You might be surprised to learn that only 17% has been spent. At least 1/3 of the 1.6 trillion dollars are tax breaks for things like clean energy manufacturing, electric vehicles and home energy updates. The bulk of the actual dollars being spent are on infrastructure, bridges, roads, railways, tunnels, water supply, sewers, electrical grids, telecommunications, greenhouse gas reduction, and semiconductor manufacturing. This legislation was passed with bi-partisan support. This spending is certainly not unneeded nor frivolous.
www.politico.com
I don't think Harris is worried about losing the Jewish vote. Seven-in-ten Jewish adults identify with or lean toward the Democratic Party, and half describe their political views as liberal.
www.pewresearch.org
She’s worried about losing the antisemitic vote - not the Jewish vote.. She was warned not to pick the Jew for that reason.I don't think Harris is worried about losing the Jewish vote. Seven-in-ten Jewish adults identify with or lean toward the Democratic Party, and half describe their political views as liberal.
8. U.S. Jews’ political views
Pew Research Center surveys, including the 2020 study, show that Jews are among the most consistently liberal and Democratic groups in the U.S.
How is it that one billionaire oligarch has the power to move markets worldwide? Yet another example of how ridiculous and unjust this crony capitalist system has become.I don't think Harris is worried about losing the Jewish vote. Seven-in-ten Jewish adults identify with or lean toward the Democratic Party, and half describe their political views as liberal.
8. U.S. Jews’ political views
Pew Research Center surveys, including the 2020 study, show that Jews are among the most consistently liberal and Democratic groups in the U.S.
Yep.
Getting a handle on the size of the antisemitic vote is nearly impossible. Getting someone to admit that they are antisemitic is like getting someone to admit that they are racist.
The Dow ended down 5.6% for 2018. Up to that point, 2018 was the worst year for the Dow since the Great Recession.
Most ironic post of the month so far.LOL....Remind me never to look to you for economic advice.
Historically, the stock market performs better under democrat than republican administrations. I suspect that will continue at least through this decade if not longer. Republicans moving toward the far right scares big business and the market far more than big spending democrats.
Oh it will change. It will all come crashing down because it’s all smoke and mirrors, but the 1% won’t be harmed. The rest of us will.
I notice you only mention that Americans are horrified by what has happened in GAZA. Why skip over what caused the whole thing - that savage massacre on Ocrober 7th? The deliberate torture to death od innocent people, in the most agonizing ways possible, could only be committed by subhumans.
I don't think it's spooking as much as depressing.....
