What is the explanation republicans have for why the economy is improving under Biden?

[BluesLegend]

This just in...thousands of American union workers who's jobs were destroyed by Biden shutting down the Keystone pipeline are not benefiting from the economic uptick.

No AMERICANS lost jobs.

Liar, are you Joe Biden??

 

[SC Patriot]

Obviously the economy isn’t perfect, but it’s improving. Didn’t republicans say the market would crash if Biden took over? Hmm. Weird. Seems to be doing well.

Jobs report blows past expectations as payrolls boom by 916,000 in March

Nonfarm payrolls were expected to grow by 675,000 while the unemployment rate fell to 6%, according to economists surveyed by Dow Jones.

www.cnbc.com

Just to be clear....you are questioning why an economy that was booming with the highest employment rate for all demographics was suddenly shut down for over a year due to COVID and now it is improving now that local economies are opening up again?

Is that the best you got?

Your question in your post makes it quite clear you are one of two things.

Blind as a bat

or

Dumb as dogshit.

 

[Bob Blaylock]

Why did Clinton's tax hike cause an economic boom?

Why do pigs have wings

 

[Dragonlady]

Obviously the economy isn’t perfect, but it’s improving. Didn’t republicans say the market would crash if Biden took over? Hmm. Weird. Seems to be doing well.

Jobs report blows past expectations as payrolls boom by 916,000 in March

Nonfarm payrolls were expected to grow by 675,000 while the unemployment rate fell to 6%, according to economists surveyed by Dow Jones.

www.cnbc.com

we are reopening ...... and the tax hikes ,higher energy costs, and oppressive regs that the dems want havent been implemented yet ..... and hopefully they will not get approved ! if the get passed life is going to get tougher for average Americans .

It won't affect me. My taxes will stay the same. But it will effect corporations that pay zero income tax at 21% by raising it to 28% which means that they will pay 7% tax. Sure do wished that I could pay only 7%.

Correction. You will pay for the tax hike OR they will move to a more tax friendly and regulatory country like China. Democrats are pretty dumb, but this oversight is over the top even for them.

Boy, you fools have really drunk the Republican Kool-Aid haven't you.

This is the lie that Republicans have been selling you since Reagan and the Republicans started attacking the unions in the 1980's. If you don't get rid of the unions and the environmental legislation, the jobs will be offshored. And move to other jurisdictions.

Well the workers got rid of the unions. Republicans have cut taxes 3 times so that that the USA now has the lowest tax rates in the First World. The USA now has some of the worst pollution problems in the first world, and the manufacturers STILL moved all of the jobs offshore.

Even WORSE, the US is now losing opportunities for international investment because of inadequacies of American infrastructure, education and the lack of skilled workers, and a failing and inadequate health care systems - all of the things that Republicans have ignored and underfunded in their zeal to reduce taxes.

Investment is now going to Canada to access the North American free trade zone because of a higher quality of life, nationwide 5G WIFI, better transportation and roads, more stable power grids with adequate supplies of water and power below the Arctic Circle, and a highly educated work force, and the #1 in the world for Quality of Life, and stability of government.

Can I add, that the violence that the rest of the world has watched against black and brown people, both on your Southern Border, and in your city streets, has also turned off the rest of the world from further investing in and enabling your white supremacist nature. That's is addition to the kind of political instability being pushed by the Republican Party with their "stop the steal" lies.

Congratulations to Donald Trump and the Republican Party for turning the USA into the Apartheid Republic of South Africa. Companies and consumers around the world are now changing their supply lines and their buying habits, because we will not support the economies of white supremacist hate states.

 

[Toddsterpatriot]

The housing market is developing a massive bubble that will burst sometime this year. And before anyone attacks this as partisan, I'm not blaming any particular party for this. This is business as usual in this country. We create bubbles, kick the can down the road, and then taxpayers foot the bills of banks. That's bipartisan.

There has only been one massive housing bubble in my lifetime and that was W's huge bubble. There have been periods where prices rose, and periods where they didn't, but not a time when the housing market outright crashed and millions of foreclosures happened. The only other time it happened was the Great Depression. I wasn't born then.

W's bubble wasn't bi-partisan at all. It was all on the combination of low interest rates after 9/11, the 2003 American Dream Downpayment Act, and the de-regulation of Wall Street and subprime mortgages, written and passed by the Republican Congress and signed into law by Bill Clinton.

The first thing Trump did when he got into office was to roll back banking regulations put into place to prevent another banking collapse from happening. But with this stimulus, Biden is refusing to allow Republicans to limit and strangle the stimulus, and forcing workers back to work without living wages, like happened last time.

Republicans want a hungry and needy working class who are willing to take any job no matter how little it pays, because something is better than nothing. That's exactly what Mitch McConnell told us when Democrats wanted to sent checks to working Americans. Shouldn't McConnell want a strong and thriving middle class. It's the key to success economies throughout the first world.

Republican economics has slashed the middle class, driving millions of Americans back into poverty.

W's bubble wasn't bi-partisan at all.

Clinton didn't do anything to cause a bubble?
Clinton didn't push Fannie and Freddie to buy subprime mortgages?

That's right he didn't, BUSH did.

The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 mandated that HUD set specific goals for Fannie and Freddie to buy mortgages related to affordable housing.
The initial goal was 30% of their purchases would be subprime mortgages. In 1995, that was increased to 40%. In 1996, 42%. 50% in 2000. 52% in 2005. 56% in 2008.

To satisfy these mandates, Fannie and Freddie announced low-income and minority loan commitments. In 1994 Fannie pledged $1 trillion of such loans, a pledge it fulfilled in 2000.

Government policies and the subprime mortgage crisis - Wikipedia

Sorry to burst your bubble.

 

[bripat9643]

Have any economic policies changed since the end of the Trump administration?

Yes all of them.

Some spending changed 3 weeks ago. That's it.

 

[Bob Blaylock]

Can I add, that the violence that the rest of the world has watched against black and brown people, both on your Southern Border…has also turned off the rest of the world from further investing in and enabling your white supremacist nature.

Perhaps these “brown people” should stop trying to illegally invade our country. Nothing to do with race. Nothing to do with any “white supremacist nature”. Everything to do with defending our country from foreign attack and invasion.

And our corrupt public servants who use the power of their positions in government to aid and abet these invading foreign criminals need to be arrested, every last one of them, and prosecuted for treason.

 

[easyt65]

Obviously the economy isn’t perfect, but it’s improving. Didn’t republicans say the market would crash if Biden took over? Hmm. Weird. Seems to be doing well.

Democrats lockdown the entire country, forcibly shutdown businesses, sending thousands and thousands of Americans home out of a job while destroying over 50% of all existing minority-owned small businesses and hamstringing the economy.....and sheep are shocked that the country sees decreased unemployment and job growth as soon as the Democrats' knee is taken off the neck of the American people?

Again, the CBO declared - prior to the Democrats UN-NECESSARY $1.9 TRILLION Porkulus DEFICIT BOMB that the economy and unemployment would be back to PRE-COVID-19 levels by APRIL WITHOUT ONE DOLLAR BEING SPENT BY BIDEN / DEMOCRATS.....AND LIKE BIDEN ATTEMPTING TO TAKE CREDIT FOR TRUMP'S VACCINE, DEMOCRATS AND SNOWFLAKES WANT TO TAKE CREDIT FOR ECONOMIC / JOB GROWTH AND UNEMPLOYMENT DECLINE THE CBO MADE CLEAR THEY HAD NOTHING TO DO WITH.

Joe and Democrats do need to receive thanks, though....for not continuing to hold Americans and the economy hostage.

 

[OKTexas]

The Vax that President Trump got made

Tramp ha NOTHING to do with the Pfizer vaccine being made, though he tries to take full credit for it!

Poor little commie, that has already been proven a lie. They got more than a billion for development and production.

.

Poor little NAZI, that has already been proven a lie. Pfizer got NOTHING for development and produced the vaccine FASTER than Tramp's operation snails pace!

Compressed trial time frames provided by Operation Warp Speed allowed Pfizer to bring it's vaccine to market in record time. and then there's this:

It's true that Pfizer, unlike some other pharmaceutical companies, did not accept federal money for research into a coronavirus vaccine. Pfizer, unlike these competitors, is not getting payments up front even before proving its effort has been successful.
However, the Trump administration agreed in July to buy at least $1.95 billion worth of a Pfizer vaccine, at least 100 million doses, if Pfizer does get a vaccine authorized by the Food and Drug Administration.
Three experts told CNN that this purchase promise may have played an important role in expediting Pfizer's vaccine development process.

Fact-checking the battle for credit over Pfizer's vaccine announcement | CNN Politics

Pfizer sparked a stock market rally with its Monday announcement that early data shows its coronavirus vaccine is more than 90% effective. It also kicked off a battle over who deserves credit for the preliminary good news.

www.cnn.com

.

 

[Blackwater1997]

Obviously the economy isn’t perfect, but it’s improving. Didn’t republicans say the market would crash if Biden took over? Hmm. Weird. Seems to be doing well.

Jobs report blows past expectations as payrolls boom by 916,000 in March

Nonfarm payrolls were expected to grow by 675,000 while the unemployment rate fell to 6%, according to economists surveyed by Dow Jones.

www.cnbc.com

Improve where? Texas and Florida are allowing jobs to repoen they are flocking to red states

 

[struth]

The economy is seeing some of the last of the Trump era policies are work right now...not to mention obviously GOP Govs are following the science and reopening, and the Trump vaccine is out there.

We will start seeing a down turn towards the end of the year.

 

[OKTexas]

Bush warned Congress it was going to burst

And the GOPQ blocked all reform in committee, as you well know.

Bullshit, the commies ran the committees at that time.

.

 

[SC Patriot]

Obviously the economy isn’t perfect, but it’s improving. Didn’t republicans say the market would crash if Biden took over? Hmm. Weird. Seems to be doing well.

Jobs report blows past expectations as payrolls boom by 916,000 in March

Nonfarm payrolls were expected to grow by 675,000 while the unemployment rate fell to 6%, according to economists surveyed by Dow Jones.

www.cnbc.com

we are reopening ...... and the tax hikes ,higher energy costs, and oppressive regs that the dems want havent been implemented yet ..... and hopefully they will not get approved ! if the get passed life is going to get tougher for average Americans .

It won't affect me. My taxes will stay the same. But it will effect corporations that pay zero income tax at 21% by raising it to 28% which means that they will pay 7% tax. Sure do wished that I could pay only 7%.

Correction. You will pay for the tax hike OR they will move to a more tax friendly and regulatory country like China. Democrats are pretty dumb, but this oversight is over the top even for them.

Boy, you fools have really drunk the Republican Kool-Aid haven't you.

This is the lie that Republicans have been selling you since Reagan and the Republicans started attacking the unions in the 1980's. If you don't get rid of the unions and the environmental legislation, the jobs will be offshored. And move to other jurisdictions.

Well the workers got rid of the unions. Republicans have cut taxes 3 times so that that the USA now has the lowest tax rates in the First World. The USA now has some of the worst pollution problems in the first world, and the manufacturers STILL moved all of the jobs offshore.

Even WORSE, the US is now losing opportunities for international investment because of inadequacies of American infrastructure, education and the lack of skilled workers, and a failing and inadequate health care systems - all of the things that Republicans have ignored and underfunded in their zeal to reduce taxes.

Investment is now going to Canada to access the North American free trade zone because of a higher quality of life, nationwide 5G WIFI, better transportation and roads, more stable power grids with adequate supplies of water and power below the Arctic Circle, and a highly educated work force, and the #1 in the world for Quality of Life, and stability of government.

Can I add, that the violence that the rest of the world has watched against black and brown people, both on your Southern Border, and in your city streets, has also turned off the rest of the world from further investing in and enabling your white supremacist nature. That's is addition to the kind of political instability being pushed by the Republican Party with their "stop the steal" lies.

Congratulations to Donald Trump and the Republican Party for turning the USA into the Apartheid Republic of South Africa. Companies and consumers around the world are now changing their supply lines and their buying habits, because we will not support the economies of white supremacist hate states.

You know, I read your post. Completely. Took time as it was long....but I read it.

And I need to be honest with you.....

Wouldn't it have been easier for you to simply say "I am a dumbass?"

 

[OKTexas]

President Trump already had a million per day

Liar, we didn't reach 1 million shots until Jan 23.

More commie lies, you propagandist are pathetic.

Biden’s first full day in office on Thursday saw 1.3 million Americans inoculated against the deadly coronavirus, according to data compiled by Bloomberg News.

But the same figures show that 1.3 million shots were administered on Jan. 11 and that 1.1 million were given both Jan. 14 and 16.

Biden’s 1M shots-a-day COVID-19 ‘goal’ was already reached — by Trump

President Biden’s “wartime effort” goal to vaccinate 100 million people against COVID-19 in 100 days relies on a daily average that was repeatedly bested under former President Do…

nypost.com

.

 

[Rigby5]

The housing market is developing a massive bubble that will burst sometime this year. And before anyone attacks this as partisan, I'm not blaming any particular party for this. This is business as usual in this country. We create bubbles, kick the can down the road, and then taxpayers foot the bills of banks. That's bipartisan.

There has only been one massive housing bubble in my lifetime and that was W's huge bubble. There have been periods where prices rose, and periods where they didn't, but not a time when the housing market outright crashed and millions of foreclosures happened. The only other time it happened was the Great Depression. I wasn't born then.

W's bubble wasn't bi-partisan at all. It was all on the combination of low interest rates after 9/11, the 2003 American Dream Downpayment Act, and the de-regulation of Wall Street and subprime mortgages, written and passed by the Republican Congress and signed into law by Bill Clinton.

The first thing Trump did when he got into office was to roll back banking regulations put into place to prevent another banking collapse from happening. But with this stimulus, Biden is refusing to allow Republicans to limit and strangle the stimulus, and forcing workers back to work without living wages, like happened last time.

Republicans want a hungry and needy working class who are willing to take any job no matter how little it pays, because something is better than nothing. That's exactly what Mitch McConnell told us when Democrats wanted to sent checks to working Americans. Shouldn't McConnell want a strong and thriving middle class. It's the key to success economies throughout the first world.

Republican economics has slashed the middle class, driving millions of Americans back into poverty.

W's bubble wasn't bi-partisan at all.

Clinton didn't do anything to cause a bubble?
Clinton didn't push Fannie and Freddie to buy subprime mortgages?

Two Clinton appointees were in charge of Fannie and Freddie when they went bust.

And Franks said there was no problem with either, despite warnings from Bush and McCain.
.

However, there was no problem with Freddie Mac or Fannie Mae when they went bust.
They have stricter risk requirements than most loans, so then did not and do not have a high default rate.
But the recession caused real estate to drop vastly in value, and the security holdings required by law for these lenders was in real estate, so then they became in violation of this law because they real estate holdings dropped in value so much.
If every bank has done as well as Freddie Mac and Fannie Mae, then there would have been no recession in 2008.
Fannie Mae and Freddie Mac were required by law to buy the bundled subprime mortgages being forced on them by banks.
None of the problem was due to Fannie Mae or Freddie Mac.

 

[Markle]

Two total disasters in the 21'st century both by republicans. Bush Jr. and then trump. Notice we never heard from bush jr. after 2008? He doesn't care since he and cheney profited immensely from bush's war while in office. We need the same from this terrorist of Oct. 6th....trump. Get lost, maybe move to Russia.

Specifically, how did President Bush and Dick Cheney profit from the Iraq invasion? Please show us the facts and statistics supporting your false allegation.

Thank you, thank you so much!

Remembering Why Americans Loathe Dick Cheney

As the former vice-president releases his memoir, it's useful to recall the many reasons Americans disapproved of his tenure.

www.theatlantic.com

Well, that's three minutes I'll never get back. Nowhere in your senseless hate piece does it tell us how Bush and Cheney made huge amounts of money due to the Invasion of Iraq.

But, thank you, thank you very much for your fruitless effort.

There were several ways Bush and Cheney made huge amounts of money off the invasion of Iraq.
One is the usual, where we boosted arms production and arms makers contribute to campaigns.
But Bush and Cheney are heavily involved in US oil production, especially TX oil, so when we invaded Iraq, it not only stopped Iraqi oil production, but greatly raised world wide oil prices, increasing TX oil profits.
Another way is that we force the Shiite government we created, to give US companies full rights to the sale of all Iraqi oil. US companies did not drill or ship it, but just middled it, and made a fortune.

Once again, you've got NOTHING. Which is okay since we expected nothing.

 

[Markle]

However, there was no problem with Freddie Mac or Fannie Mae when they went bust.
They have stricter risk requirements than most loans, so then did not and do not have a high default rate.
But the recession caused real estate to drop vastly in value, and the security holdings required by law for these lenders was in real estate, so then they became in violation of this law because they real estate holdings dropped in value so much.
If every bank has done as well as Freddie Mac and Fannie Mae, then there would have been no recession in 2008.
Fannie Mae and Freddie Mac were required by law to buy the bundled subprime mortgages being forced on them by banks.
None of the problem was due to Fannie Mae or Freddie Mac.

True, in a way, the problem wasn't caused by Fannie or Freddie. They are inanimate objects, everything they did was by order of Congress. As you know, the two major factors in the collapse were Barnie Franks and Chris Dodd.

Your ignorance of the facts surrounding the housing/mortgage/financial meltdown.

If you question your ignorance, neither Fannie nor Freddie MAKE any loans, not a single one.

 

[jc456]

As I’ve stated often in here , all ball parks are reopening so businesses shut down reopening economy will recover, and only recover

 

[jc456]

Obviously the economy isn’t perfect, but it’s improving. Didn’t republicans say the market would crash if Biden took over? Hmm. Weird. Seems to be doing well.

Jobs report blows past expectations as payrolls boom by 916,000 in March

Nonfarm payrolls were expected to grow by 675,000 while the unemployment rate fell to 6%, according to economists surveyed by Dow Jones.

www.cnbc.com

The Vax that President Trump got made, and distributed. The re-opening of states, mostly by Republicans.

Pretty easy to see that.

But, wake us up when we get back to Pre-China Virus employment levels. And no, the stock market isn’t everything, especially with all the inflation and jacked up gas prices.

The RATE of vaccination is far higher under Biden. That is in part because of the stimulus bill.

Duh

 

[jc456]

States are ending lockdowns and restrictions people are getting out more and bussiness are starting to hire again it's really not hard to figure out.

We still have a mask mandate and almost everyone is wearing their masks. Yes, even Republicans. And it's allowed us to have sit down lunches, trips, movies and more even at reduced capacity. Most are getting the Vaccine as well. Those that don't find themselves locked out. For instance, a person used to use me because I have a car that can carry outsided things (2005 Dodge Magnum RT). That abruptly ended because I have a Covid Free Car and he's refused to get the vaccine. The Government doesn't need to limit you and yours. The Community is very capable of doing it.

So why are they saying more cases?