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

That is a STUPID supposition, the jobs report is from BEFORE the GOPQ governors decided to kill more Americans by opening their states up too soon.

I am shocked, SHOCKED I SAY, that once again you have forgotten to include your reliable source and working links supporting your allegation that Red states opened up too soon and are killing more Americans.

Allow me to assist you in your plight. By the way, I introduce you to the next President of the United States, Ron DeSantis.

A year into the pandemic, Florida is booming and Republican Gov. DeSantis is taking credithttps://www.cnn.com/profiles/jeff-zeleny-profile
By Jeff Zeleny, Chief National Affairs Correspondent
Updated 11:19 AM ET, Wed March 17, 2021

St. Petersburg, Florida (CNN)After a year of criticism by health experts, mockery from comedians and blistering critiques from political rivals, Florida Gov. Ron DeSantis is standing unabashedly tall among the nation's governors on the front lines of the coronavirus fight.

"Everyone told me I was wrong," DeSantis, a Republican, said in a fundraising appeal on Tuesday, drawing attention to his defiance against the pandemic. "I faced continued pressure from radical Democrats and the liberal media, but I refused to back down. It's clear: Florida got it right."
[...]
Despite far fewer rules and restrictions, Florida lands nearly in the middle of all states on a variety of coronavirus metrics. The state has had about 3% more Covid-19 cases per capita than the US overall, but about 8% fewer deaths per capita. More than 32,000 Floridians have died of Covid-19, and the state's per capita death rate ranks 24th in the nation.

 
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.

Any economic growth we are seeing right now is because of what president Trump did. I suppose you can show what Jo has done to create this growth?
Don't worry the growth will be short lived when jo's EO take effect.
 
The re-opening will usher in a fast growing economy, and it could last, if the federal government continues to get money in the pockets of working Americans, and changes the tax code to reward "work not wealth". Working Americans have had a real raise in 40 years, and 40% of workers have seen no economic benefits from the Trump economy.

If government breaks your leg, and then gives you a crutch, does government get to take credit for you being able to walk as well as you now can with that crutch?

You almost sound like you're thankful for the broken leg, because it gave government a reason to give you a crutch.

LizardTwat lives in Canada. So she's basically grateful because government sawed off both her legs, and then gave her a nice wheelchair.
 
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.


Love the link. LMAO

.
 
"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.

Why do you choose ignorance? Panic and desperation?






Fannie Mae to pay $400 million fine

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.
 
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.

Why do you always lie?

Income inequality declining under Trump policies, says Labor secretary
Frank Connor
January 24, 2020

Workers’ wages are growing faster than their bosses', narrowing the income gap, as a result of President Trump’s policies, according to Labor Secretary Eugene Scalia.
“At the end of the Obama administration, what we saw is wage growth for the high wage earners [and] slow wage growth for the low wage earners," Scalia told FOX Business’ Maria Bartiromo in an exclusive interview at the World Economic Forum in Davos, Switzerland. "We’ve flipped that in this economy,”


###

Trump Delivers: Lowest Black Unemployment in U.S. History

The economic and employment numbers for May reflected an economy that has not been this robust since 1969. Most notably the unemployment rate for black Americans hit a record low in U.S. history.

Even more notable is the fact that the gap between black and white workers in America narrowed to a historic 2.4 percent according to the Bureau of Labor Statistics reported Friday.
[...]

Less than a month ago, BET founder Robert L. Johnson bucked that trend and told CNBC viewers that black Americans should find encouragement that “something is going right” under Trump. Before these latest numbers came out he said:

“You have to take encouragement from what’s happening in the labor force and the job market. When you look at African American unemployment, in over 50 years since the Bureau of Labor Statistics has been keeping the numbers, you’ve never had two things: African American unemployment this low and the spread between unemployment among whites and African Americans narrowing.”

 
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.
I see that you conveniently left out the Community Reinvestment Act's impact on lending, along with the fact that many key Democrats were "friends of Angelo" -- like Barney Frank and Chris Dodd. Frank and Dodd were also responsible for sponsoring legislation that was supposed to prevent future crashes, but that's like having a mob boss write legislation against organized crime.
 
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.

Because the COVID shut downs are going away. The Democrats and Biden don't need to kill the economy anymore since they installed Biden as POTUS.
 
The Economy is directly linked to Covid and trust. Even with the 6 foot rule and masks, people are going back to work and that means the economy is getting better. It still has a very long way to go but it's promising. Now, if we can just get the Karens and
Rumpsters to help it get better faster.
More proof the election was rigged. Biden got elected and VIOLA, no more COVID.
 
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.

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.
Lol you people are such simple minded dumb fucks. While reopening is at least part of the boom, it wouldn’t even come close to being the single cause as to why the economy added almost a million jobs. That kind of job growth would require capital. It’s not like these businesses just pull money out of their asses.
 
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.

Because the COVID shut downs are going away. The Democrats and Biden don't need to kill the economy anymore since they installed Biden as POTUS.
You people will come up with any single reason as to why Biden had nothing to do with it lol. Even if businesses are reopening, they would still need the capital to do it. That doesn’t come from nowhere after deciding to reopen.
 
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.



Ya dumb fuck, the country is reopening. xiden would stop it if he could. Thanks president Trump!

.
Hey moron, even if businesses are reopening more after the shutdown, they would still need the necessary capital to create those jobs. They don’t pull that out of their assess.
 
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.



Ya dumb fuck, the country is reopening. xiden would stop it if he could. Thanks president Trump!

.
Hey moron, even if businesses are reopening more after the shutdown, they would still need the necessary capital to create those jobs. They don’t pull that out of their assess.
Depends on the company. Quite a few big businesses pulled the money out of corporate welfare via multiple "stimulus" bills.

Since we live in a quasi-state capitalism, a lot of growth is somewhat artificial. It's like how we're building up a housing bubble currently.
 
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.



Ya dumb fuck, the country is reopening. xiden would stop it if he could. Thanks president Trump!

.
Hey moron, even if businesses are reopening more after the shutdown, they would still need the necessary capital to create those jobs. They don’t pull that out of their assess.
Depends on the company. Quite a few big businesses pulled the money out of corporate welfare via multiple "stimulus" bills.

Since we live in a quasi-state capitalism, a lot of growth is somewhat artificial. It's like how we're building up a housing bubble currently.
Yep, exactly. Biden’s stimulus bill is to blame. The economic downfall required government intervention.
 
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.

You shut down the entire economy under Trump then open it back up under Biden.

Even a child could connect the dots
Hey idiot even if businesses want to reopen, they still require the capital to do it. They don’t pull it out of their asses just because government restrictions are going away.
 
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.

You shut down the entire economy under Trump then open it back up under Biden.

Even a child could connect the dots
Hey idiot even if businesses want to reopen, they still require the capital to do it. They don’t pull it out of their asses just because government restrictions are going away.

Hey, Billy000!!!




1617682580984.png
 
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.



Ya dumb fuck, the country is reopening. xiden would stop it if he could. Thanks president Trump!

.
Hey moron, even if businesses are reopening more after the shutdown, they would still need the necessary capital to create those jobs. They don’t pull that out of their assess.
Depends on the company. Quite a few big businesses pulled the money out of corporate welfare via multiple "stimulus" bills.

Since we live in a quasi-state capitalism, a lot of growth is somewhat artificial. It's like how we're building up a housing bubble currently.
Yep, exactly. Biden’s stimulus bill is to blame. The economic downfall required government intervention.
The bills passed before Biden also threw a lot of money at corporations. While it is true that government can be blamed for shutting things down, the stimulus bills should have given money to individuals only, not big business. Unfortunately, both parties are run by corporatists.
 
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.



Ya dumb fuck, the country is reopening. xiden would stop it if he could. Thanks president Trump!

.
Hey moron, even if businesses are reopening more after the shutdown, they would still need the necessary capital to create those jobs. They don’t pull that out of their assess.
Depends on the company. Quite a few big businesses pulled the money out of corporate welfare via multiple "stimulus" bills.

Since we live in a quasi-state capitalism, a lot of growth is somewhat artificial. It's like how we're building up a housing bubble currently.
Yep, exactly. Biden’s stimulus bill is to blame. The economic downfall required government intervention.
The bills passed before Biden also threw a lot of money at corporations. While it is true that government can be blamed for shutting things down, the stimulus bills should have given money to individuals only, not big business. Unfortunately, both parties are run by corporatists.
Just how much of Biden’s stimulus do you think went to big businesses?
 
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.

You shut down the entire economy under Trump then open it back up under Biden.

Even a child could connect the dots
Hey idiot even if businesses want to reopen, they still require the capital to do it. They don’t pull it out of their asses just because government restrictions are going away.

Hey, Billy000!!!




View attachment 476670
You’re right. Trump was fired!
 
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.



Ya dumb fuck, the country is reopening. xiden would stop it if he could. Thanks president Trump!

.
Hey moron, even if businesses are reopening more after the shutdown, they would still need the necessary capital to create those jobs. They don’t pull that out of their assess.
Depends on the company. Quite a few big businesses pulled the money out of corporate welfare via multiple "stimulus" bills.

Since we live in a quasi-state capitalism, a lot of growth is somewhat artificial. It's like how we're building up a housing bubble currently.
Yep, exactly. Biden’s stimulus bill is to blame. The economic downfall required government intervention.
The bills passed before Biden also threw a lot of money at corporations. While it is true that government can be blamed for shutting things down, the stimulus bills should have given money to individuals only, not big business. Unfortunately, both parties are run by corporatists.
Just how much of Biden’s stimulus do you think went to big businesses?
It is true that ARPA didn't do as much of that, but we likely won't see some of the long term effects of ARPA until a month or so from now. It's main problem is that now a lot of low income people have stopped working. I've seen this happen with many local manufacturers that are having trouble keeping people in their production lines. ARPA is also bailing out various public institutions that were failing before COVID.
 

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