cccjwh Posted July 31, 2023 Report Share Posted July 31, 2023 I know you nut jobs must have missed it, but "It's The Economy Stupid". Lots of good news. You guys keep praying for a recession. Bidenomics’ critics are being proven wrong. Happy days are here again | Fortune The U.S. economy is now pulling off what all these experts said was impossible: strong growth and record employment amidst plummeting inflation. And just as importantly, thanks to Bidenomics, the fruits of economic prosperity are inclusive and broad-based, amidst a renaissance in American manufacturing, investment, and productivity. Consider some of the headline economic statistics released the last few days, on top of the GDP release. At 3%, inflation is now at its lowest since the pandemic, down from its peak of nearly 10% of last year. Commodity prices have plummeted by at least 50% across the board, ranging from energy, food, agriculture, and metals. Some such as lumber are down a stunning 95% in a year. Even gasoline prices, which have ticked up slightly in the last few weeks, are now lower than pre-Ukraine conflict levels. Meanwhile, the unemployment rate of 3.7% is at a 54-year low, and the unemployment rate has stayed below 4% for the longest stretch in the last 50 years despite the Fed raising interest rates from 0 to 5.5% in a year. The last time this nation saw such good employment news, LBJ was the President and Bonanza was the top show on TV. In almost every major sector, real wages are now growing faster than pre-pandemic with record workforce participation, amidst millions of new and returning workers–partially thanks to the workforce training, education, and childcare policies that are core pillars of Bidenomics. Bidenomics spurred stronger GDP growth: Morgan Stanley (cnbc.com) WASHINGTON — Morgan Stanley is crediting President Joe Biden’s economic policies with driving an unexpected surge in the U.S. economy that is so significant that the bank was forced to make a “sizable upward revision” to its estimates for U.S. gross domestic product. Biden’s Infrastructure Investment and Jobs Act is “driving a boom in large-scale infrastructure,” wrote Ellen Zentner, chief U.S. economist for Morgan Stanley, in a research note released Thursday. In addition to infrastructure, “manufacturing construction has shown broad strength,” she wrote. Where did it all go right for Biden? Facts blunt Republican attack lines | Joe Biden | The Guardian 2 Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted July 31, 2023 Report Share Posted July 31, 2023 cnbc ? lol. a quote by "meidas touch" lol? baloney. You missed these. ********************************************************** The Failure of Bidenomics, Part V - Dan Mitchell - Center for Freedom ... Mar 8, 2022Our series on the failure of Bidenomics has touched on four topics. Biden's subsidy agenda will lead to higher prices and economic inefficiency. Biden's inflation policy is mocked even by senior Democratic economists. Biden's so-called Buy America policy hurts taxpayers and means fewer jobs. Biden's statist agenda means families lose as prices rise faster than income. https://thehill.com › opinion › finance › 4116438-reaganomics-versus-bidenomics Reaganomics versus Bidenomics | The Hill 6 days agoFor Bidenomics, the picture to date is a mixed one. On the positive side of the ledger, during President Biden's first year in office, GDP rose by nearly 6 percent and 13 million jobs have been ... https://www.washingtontimes.com › news › 2023 › jul › 24 › bidenomics-is-synonymous-with-nation-in-decline 'Bidenomics' is synonymous with a nation in decline 7 days agoCommentary By David N. Bossie - - Monday, July 24, 2023 OPINION: If "Bidenomics" is the future, we're all in big trouble. As our tone-deaf president stumbles around the country attempting https://freedomandprosperity.org › 2022 › blog › big-government › the-failure-of-bidenomics-part-ii The Failure of Bidenomics, Part II - Dan Mitchell Mar 4, 2022The Failure of Bidenomics, Part II. Posted on March 4, 2022 by Dan Mitchell. Yesterday's column explained that Biden's proposals to expand the welfare state were bad news, in part because government subsidies often lead to inefficiency and higher prices. https://nypost.com › 2023 › 06 › 29 › bidenomics-is-a-record-of-failure 'Bidenomics' is a record of failure - New York Post Jun 29, 2023'Bidenomics' is a record of failure By Brian Riedl June 29, 2023 9:24pm Updated President Biden embarked on a nationwide tour. AP This past week, President Biden decided to embark on a... https://redstate.com › christopher-arps › 2023 › 07 › 14 › the-failures-of-bidenomics-a-look-at-president-bidens-economic-policies-n776326 The Failures of Bidenomics: A Look at President Biden's Economic ... Jul 14, 2023The failures of Bidenomics are becoming increasingly evident as the economy struggles to overcome inflationary pressures, lackluster job growth, and unsustainable levels of government spending. 2 https://thehill.com › opinion › white-house › 4088051-why-going-all-in-on-bidenomics-is-flawed Why going all in on 'Bidenomics' is flawed | The Hill Jul 10, 2023President Joe Biden speaks during a stop at a solar manufacturing company that's part of his "Bidenomics" rollout on Thursday, July 6, 2023, in West Columbia, S.C. (AP Photo/Meg Kinnard) https://www.washingtontimes.com › news › 2023 › jul › 4 › editorial-failure-of-bidenomics EDITORIAL: The failure of 'Bidenomics' - Washington Times Jul 4, 2023Commentary By Editorial Board - The Washington Times - Tuesday, July 4, 2023 OPINION: The White House has taken "Bidenomics," a term originally conceived to define the infinite blunders of... https://www.rickscott.senate.gov › 2023 › 7 › sen-rick-scott-pce-data-confirms-bidenomics-is-failing-floridians Sen. Rick Scott: PCE Data Confirms Bidenomics is Failing Floridians 3 days agoWASHINGTON, D.C. - Today, as the Bureau of Economic Analysis' June Personal Consumer Expenditures (PCE) release showed prices paid by consumers for goods and services rose 3.0% over the year, Senator Rick Scott released a weekly update on his actions to address America's debt crisis and rising inflation. The PCE data released today is ... https://www.realclearpolitics.com › 2023 › 07 › 05 › the_failure_of_bidenomics_602434.html#! The Failure of 'Bidenomics' | RealClearPolitics Jul 5, 2023The Failure of 'Bidenomics' Washington Times, Washington Times July 5, 2023 The White House has taken Bidenomics, a term originally conceived to define the infinite blunders of President... https://nypost.com › 2023 › 07 › 26 › the-real-scoop-on-bidenomics-corruption-tax-evasion-and-hunter The real scoop on Bidenomics: Corruption, tax evasion and Hunter 4 days agoHunter Biden's plea deal fell apart in a Delaware court Wednesday. Getty Images Bidenomics is when you send a menacing WhatsApp message to your Chinese business partners, informing them that you... https://www.breitbart.com › economy › 2023 › 07 › 20 › bidenomics-fail-bidens-economic-approval-rating-still-just-37 Bidenomics Fail: Biden's Economic Approval Rating Still Just 37% Jul 20, 2023Bidenomics Fail: Biden's Economic Approval Rating Still Just 37%. The push by the Biden administration to promote its economic record under the label "Bidenomics" has not given much of a lift to President Joe Biden's economic approval rating, a poll released by CNBC showed Thursday. The president's economic approval rating rose by ... https://www.msn.com › en-us › money › markets › americans-aren-t-buying-bidenomics-because-they-ve-heard-the-lies-before › ar-AA1e5GGG Americans aren't buying Bidenomics — because they've heard ... - MSN President Joe Biden is desperately trying to sell Americans on Bidenomics, but they're not buying it. Recent polls show only 39% of US adults approve of Biden's economic leadership, and a ... https://www.nationalreview.com › 2023 › 07 › bidenomics-a-bust-for-the-middle-class Bidenomics a Failure for Middle-Class Americans - National Review Jul 21, 2023July 21, 2023 6:30 AM The decline in median real wages over Biden's first two years explains why some Americans feel pessimistic about the economy. 'B idenomics ," according to a recent document... Quote Link to comment Share on other sites More sharing options...
cccjwh Posted July 31, 2023 Author Report Share Posted July 31, 2023 Sorry I'm going by the numbers. 😉 Quote Link to comment Share on other sites More sharing options...
FY56 Posted July 31, 2023 Report Share Posted July 31, 2023 16 minutes ago, cccjwh said: Sorry I'm going by the numbers. 😉 Many of Cals links also include numbers. Never has my old lady bitched so much about grocery store prices. Thats all the evidence I need. I don't need your numbers. Hell, I was shocked at a quote for $19,000 to install a new driveway. Turns out the cost of cement had quadrupled within the last 3 years. I don't need your stinkin numbers. You don't have to show me your stinkin numbers. 2 Quote Link to comment Share on other sites More sharing options...
Jax Posted July 31, 2023 Report Share Posted July 31, 2023 You are literally stupid is you think Biden is good for economics. And just as FY56 said, you gotta be dumb to listen to these articles over what you yourself experience. Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted July 31, 2023 Report Share Posted July 31, 2023 When you have historically high inflation, interest rates, and a tanking stock market, ANY improvement will look good. Its just basic math. Quote Link to comment Share on other sites More sharing options...
MLD Woody Posted July 31, 2023 Report Share Posted July 31, 2023 1 hour ago, FY56 said: Many of Cals links also include numbers. Never has my old lady bitched so much about grocery store prices. Thats all the evidence I need. I don't need your numbers. Hell, I was shocked at a quote for $19,000 to install a new driveway. Turns out the cost of cement had quadrupled within the last 3 years. I don't need your stinkin numbers. You don't have to show me your stinkin numbers. "I don't need your stinkin facts or statistics or experts or book learnin! It's snowing where I live so mmgw is a lie!!!" Brilliant stuff Quote Link to comment Share on other sites More sharing options...
MLD Woody Posted July 31, 2023 Report Share Posted July 31, 2023 1 hour ago, Canton Dawg said: When you have historically high inflation, interest rates, and a tanking stock market, ANY improvement will look good. Its just basic math. Some of those numbers are the lowest in 50 years, so your comment doesn't hold up Quote Link to comment Share on other sites More sharing options...
MLD Woody Posted July 31, 2023 Report Share Posted July 31, 2023 Also, just to add. I think every president gets too much credit / blame for the economy. We're still feeling global waves from the pandemic, actions take years to make a difference, etc. Administrations can certainly hurt or help, but it's all overplayed. Quote Link to comment Share on other sites More sharing options...
cccjwh Posted July 31, 2023 Author Report Share Posted July 31, 2023 Like I said. The numbers. 4/6 indicators are good to great with two being ok. I will sit back and enjoy your memes and insults. Maybe post a link to Trumper humper talking about how bad it is or something. The 6 Signs of an Economic Recovery (investopedia.com) 1. Employment 2. Consumer Spending 3. Consumer Sentiment (confidence) 4. Business Indicators 5. Bank Lending 6. Shipping Activity Employment Unemployment under 4% for 16 months straight. Include the lowest rate in 50 years. The Employment Situation - June 2023 (bls.gov) Consumer Spending Consumer spending jumped by 4.2 percent at the beginning of the year but has moderated since then, rising by 1.6 percent in the most recent quarter. Consumer Sentiment (confidence) Continues to recover. Business Indicators PMI US ISM Manufacturing PMI (ycharts.com) Bank Lending Loans and Leases in Bank Credit, All Commercial Banks (LOANS) | FRED | St. Louis Fed (stlouisfed.org) Shipping Activity Looks like UPS is going to strike, so you haters still have a chance. https://www.trucking.org/news-insights/ata-truck-tonnage-index-increased-21-june Lets me go ahead and add. Wages growth is now outpacing inflation. Wage growth vs inflation U.S. 2023 | Statista Stock markets The S&P 500 stock index and the Dow Jones Industrial Average continued to rise since we last calculated the change in late April. The S&P is now up 20.2% since Biden took office, and the Dow, made up of 30 large corporations, has increased 14.8%, as of the close of the markets on July 26. The NASDAQ composite index, made up of more than 3,000 companies, was still down at our last update, but its continued growth this year now puts it up just 7% under Biden. Biden's Numbers, July 2023 Update - FactCheck.org Quote Link to comment Share on other sites More sharing options...
cccjwh Posted July 31, 2023 Author Report Share Posted July 31, 2023 3 hours ago, FY56 said: Many of Cals links also include numbers. Never has my old lady bitched so much about grocery store prices. Thats all the evidence I need. I don't need your numbers. Hell, I was shocked at a quote for $19,000 to install a new driveway. Turns out the cost of cement had quadrupled within the last 3 years. I don't need your stinkin numbers. You don't have to show me your stinkin numbers. Old lady too stupid to understand inflation is global and we are far from the worse. Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted July 31, 2023 Report Share Posted July 31, 2023 4 hours ago, cccjwh said: I know you nut jobs must have missed it, but "It's The Economy Stupid". Lots of good news. You guys keep praying for a recession. Bidenomics’ critics are being proven wrong. Happy days are here again | Fortune The U.S. economy is now pulling off what all these experts said was impossible: strong growth and record employment amidst plummeting inflation. And just as importantly, thanks to Bidenomics, the fruits of economic prosperity are inclusive and broad-based, amidst a renaissance in American manufacturing, investment, and productivity. Consider some of the headline economic statistics released the last few days, on top of the GDP release. At 3%, inflation is now at its lowest since the pandemic, down from its peak of nearly 10% of last year. Commodity prices have plummeted by at least 50% across the board, ranging from energy, food, agriculture, and metals. Some such as lumber are down a stunning 95% in a year. Even gasoline prices, which have ticked up slightly in the last few weeks, are now lower than pre-Ukraine conflict levels. Meanwhile, the unemployment rate of 3.7% is at a 54-year low, and the unemployment rate has stayed below 4% for the longest stretch in the last 50 years despite the Fed raising interest rates from 0 to 5.5% in a year. The last time this nation saw such good employment news, LBJ was the President and Bonanza was the top show on TV. In almost every major sector, real wages are now growing faster than pre-pandemic with record workforce participation, amidst millions of new and returning workers–partially thanks to the workforce training, education, and childcare policies that are core pillars of Bidenomics. Bidenomics spurred stronger GDP growth: Morgan Stanley (cnbc.com) WASHINGTON — Morgan Stanley is crediting President Joe Biden’s economic policies with driving an unexpected surge in the U.S. economy that is so significant that the bank was forced to make a “sizable upward revision” to its estimates for U.S. gross domestic product. Biden’s Infrastructure Investment and Jobs Act is “driving a boom in large-scale infrastructure,” wrote Ellen Zentner, chief U.S. economist for Morgan Stanley, in a research note released Thursday. In addition to infrastructure, “manufacturing construction has shown broad strength,” she wrote. Where did it all go right for Biden? Facts blunt Republican attack lines | Joe Biden | The Guardian That’s rich! 😂🤣🤡 Please tell me what in the hell the U.S. Government has to do with private sector employment? I’ll save you the time….NOTHING! Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted July 31, 2023 Report Share Posted July 31, 2023 1 hour ago, MLD Woody said: Some of those numbers are the lowest in 50 years, so your comment doesn't hold up The inflation rate is near a 50 year high, and before you go all in on the Russian/Ukrainian war you lefty’s didn’t cut any slack for the Pandemic ruining the economy the last year Trump was in office. Quote Link to comment Share on other sites More sharing options...
cccjwh Posted July 31, 2023 Author Report Share Posted July 31, 2023 4 minutes ago, Canton Dawg said: That’s rich! 😂🤣🤡 Please tell me what in the hell the U.S. Government has to do with private sector employment? I’ll save you the time….NOTHING! Bahahaha. 😆 That's really all you have? Quote Link to comment Share on other sites More sharing options...
cccjwh Posted July 31, 2023 Author Report Share Posted July 31, 2023 3 minutes ago, Canton Dawg said: The inflation rate is near a 50 year high, and before you go all in on the Russian/Ukrainian war you lefty’s didn’t cut any slack for the Pandemic ruining the economy the last year Trump was in office. Almost everywhere. You see how we are on the lower spectrum. Global inflation tracker: see how your country compares on rising prices | Financial Times (ft.com) Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted July 31, 2023 Report Share Posted July 31, 2023 Here’s another graph where Dementia Joe is the leader in the clubhouse. Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted July 31, 2023 Report Share Posted July 31, 2023 1 minute ago, cccjwh said: Bahahaha. 😆 That's really all you have? That’s all I need. BTW, you didn’t explain what the WH has to do with Private Sector jobs. Quote Link to comment Share on other sites More sharing options...
cccjwh Posted July 31, 2023 Author Report Share Posted July 31, 2023 2 minutes ago, Canton Dawg said: Here’s another graph where Dementia Joe is the leader in the clubhouse. We are talking about the economy, but I understand you have nothing. So changing the subject is your only choice. 👍 Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted July 31, 2023 Report Share Posted July 31, 2023 Here’s another “Oh Shit” graph about Dementia Joe. . . Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted July 31, 2023 Report Share Posted July 31, 2023 1 minute ago, cccjwh said: We are talking about the economy, but I understand you have nothing. So changing the subject is your only choice. 👍 I didn’t expect you to answer the same question directed at you twice. So go ahead and talk about something else, I just hope it’s something you know just a little bit about. Quote Link to comment Share on other sites More sharing options...
cccjwh Posted July 31, 2023 Author Report Share Posted July 31, 2023 6 minutes ago, Canton Dawg said: That’s all I need. BTW, you didn’t explain what the WH has to do with Private Sector jobs. Again, talking about the economy. But if you need the connection, Cheetos can tell you. He is after all the biggest jobs president in the history of the world. At least in his warp mind. Quote Link to comment Share on other sites More sharing options...
cccjwh Posted July 31, 2023 Author Report Share Posted July 31, 2023 2 minutes ago, Canton Dawg said: Here’s another “Oh Shit” graph about Dementia Joe. . . Economy...... Bahahahahahaha. You have NOTHING. Bahahahahahaha. Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted July 31, 2023 Report Share Posted July 31, 2023 11 minutes ago, cccjwh said: Economy...... Bahahahahahaha. You have NOTHING. Bahahahahahaha. Ok, back to the economy (but I can see why you don’t want to talk about border crossings…..Bwahahaha). I’ll ask you for the third time, what does the sitting U.S. President have to do with private sector jobs? It’s ok to say you have no idea, because that’s what’s going on. Quote Link to comment Share on other sites More sharing options...
FY56 Posted July 31, 2023 Report Share Posted July 31, 2023 2 hours ago, MLD Woody said: "I don't need your stinkin facts or statistics or experts or book learnin! It's snowing where I live so mmgw is a lie!!!" Brilliant stuff Hey man calm down. That was meant to be a humorous tongue in cheek sort of comment based on personal experience while borrowing "we don't need no stinkin badges" line from the movie Blazing Saddles. Quote Link to comment Share on other sites More sharing options...
FY56 Posted July 31, 2023 Report Share Posted July 31, 2023 47 minutes ago, cccjwh said: Economy...... Bahahahahahaha. You have NOTHING. Bahahahahahaha. You're as fake as those laughs. Quote Link to comment Share on other sites More sharing options...
cccjwh Posted July 31, 2023 Author Report Share Posted July 31, 2023 55 minutes ago, Canton Dawg said: Ok, back to the economy (but I can see why you don’t want to talk about border crossings…..Bwahahaha). I’ll ask you for the third time, what does the sitting U.S. President have to do with private sector jobs? It’s ok to say you have no idea, because that’s what’s going on. Sorry, but I here to show how stupid your talking point that "the economy is terrible" is. Once you nuts jobs can admit that, I'll take your questions. If we can't agree on that, no point of expanding the discussion. Can you at least agree that unemployment is low? Quote Link to comment Share on other sites More sharing options...
FY56 Posted July 31, 2023 Report Share Posted July 31, 2023 1 hour ago, cccjwh said: Old lady too stupid to understand inflation is global and we are far from the worse. Yet in the very first sentence of your Biden worship piece, it talks of plummeting inflation. So which is it? The U.S. economy is now pulling off what all these experts said was impossible: strong growth and record employment amidst plummeting inflation. Bwahhaahha bwahahahahh bahhawahh LOL You're the reason I'd be pro-abortion. Your momma biggest mistake. Bwahhahaahaha Bwahaahha...was that close cccp? Quote Link to comment Share on other sites More sharing options...
DieHardBrownsFan1 Posted July 31, 2023 Report Share Posted July 31, 2023 Gas Prices going up. Interest rates skyrocketing. Housing costs up. Groceries way up. Ya, the bidenshitnomics is great....... Quote Link to comment Share on other sites More sharing options...
cccjwh Posted July 31, 2023 Author Report Share Posted July 31, 2023 11 minutes ago, FY56 said: Yet in the very first sentence of your Biden worship piece, it talks of plummeting inflation. So which is it? The U.S. economy is now pulling off what all these experts said was impossible: strong growth and record employment amidst plummeting inflation. Bwahhaahha bwahahahahh bahhawahh LOL Why is US inflation so high? The annual consumer price index (CPI) for the US in the year up until September was 8.2% (according to the OECD) - not as high as the UK or some other European countries, but higher than Japan, France and Canada. You're the reason I'd be pro-abortion. Your momma biggest mistake. AGAIN....We are in the lower spectrum. Better than alll of the G8 countries and most of the G20 countries. And my chart in from this year, not 10 months ago. Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted July 31, 2023 Report Share Posted July 31, 2023 1 hour ago, cccjwh said: Sorry, but I here to show how stupid your talking point that "the economy is terrible" is. Once you nuts jobs can admit that, I'll take your questions. If we can't agree on that, no point of expanding the discussion. Can you at least agree that unemployment is low? Just say you don’t know. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.