Biden's Economy

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StmarysCity79

Well-Known Member
Gas prices are down to below $3 in more than 12 states

The dow jones hit a record high yesterday.

The feds cut interest rates.

Inflation is slowing

Our economy is recovering faster than any other G7 country.


All signs Biden's economic plan is working


"Economic growth is in the 2% and better annual range, unemployment is at 4.2% (a number that is close to what was once thought full employment), while the stock market has been setting new highs. Indeed, the Dow Jones Industrial Average was up more than 500 points as Biden took to the stage.

Those who own homes, stocks or hold their spare money in savings and money market funds have seen their assets rise in value. Seniors have enjoyed higher-than-normal increases in Social Security payments.
“I don’t see anything in the economy right now that suggests that the likelihood of a recession – sorry – of a downturn is elevated, OK? I don’t see that,” Fed Chairman Jerome Powell told reporters on Wednesday.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Lowest inflation rate in the G7.<br>Strongest economic recovery.<br>Bidenomics is in action. <a href="https://t.co/e4vGLXVkjA">pic.twitter.com/e4vGLXVkjA</a></p>&mdash; President Biden (@POTUS) <a href="">July 16, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>


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Bare-ya-cuda

Well-Known Member
StmarysCity79 said:
Gas prices are down to below $3 in more than 12 states

The dow jones hit a record high yesterday.

The feds cut interest rates.

Inflation is slowing

Our economy is recovering faster than any other G7 country.


All signs Biden's economic plan is working


"Economic growth is in the 2% and better annual range, unemployment is at 4.2% (a number that is close to what was once thought full employment), while the stock market has been setting new highs. Indeed, the Dow Jones Industrial Average was up more than 500 points as Biden took to the stage.

Those who own homes, stocks or hold their spare money in savings and money market funds have seen their assets rise in value. Seniors have enjoyed higher-than-normal increases in Social Security payments.
“I don’t see anything in the economy right now that suggests that the likelihood of a recession – sorry – of a downturn is elevated, OK? I don’t see that,” Fed Chairman Jerome Powell told reporters on Wednesday.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Lowest inflation rate in the G7.<br>Strongest economic recovery.<br>Bidenomics is in action. <a href="https://t.co/e4vGLXVkjA">pic.twitter.com/e4vGLXVkjA</a></p>&mdash; President Biden (@POTUS) <a href="">July 16, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>


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Gas prices down just a few months before election. Go figure. I thought no one could think our economy was doing great the last 3 years, it then here you are. I guess when you don’t have to buy anything with your actual money because of welfare then you wouldn’t actually know how bad the economy is.
 
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BOP

BOP

Well-Known Member
StmarysCity79 said:
Gas prices are down to below $3 in more than 12 states

The dow jones hit a record high yesterday.

The feds cut interest rates.

Inflation is slowing

Our economy is recovering faster than any other G7 country.


All signs Biden's economic plan is working


"Economic growth is in the 2% and better annual range, unemployment is at 4.2% (a number that is close to what was once thought full employment), while the stock market has been setting new highs. Indeed, the Dow Jones Industrial Average was up more than 500 points as Biden took to the stage.

Those who own homes, stocks or hold their spare money in savings and money market funds have seen their assets rise in value. Seniors have enjoyed higher-than-normal increases in Social Security payments.
“I don’t see anything in the economy right now that suggests that the likelihood of a recession – sorry – of a downturn is elevated, OK? I don’t see that,” Fed Chairman Jerome Powell told reporters on Wednesday.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Lowest inflation rate in the G7.<br>Strongest economic recovery.<br>Bidenomics is in action. <a href="https://t.co/e4vGLXVkjA">pic.twitter.com/e4vGLXVkjA</a></p>&mdash; President Biden (@POTUS) <a href="">July 16, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>


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stop-im-gonna-pee_new.jpeg
 
BOP

BOP

Well-Known Member
Bare-ya-cuda said:
Gas prices down just a few months before election. Go figure. I thought no one could think our economy was doing great the last 3 years, it then here you are. I guess when you don’t have to buy anything with your actual money because of welfare then you wouldn’t actually know how bad the economy is.
Click to expand...
Apparently she also doesn't know, among the many things she's ignorant of, that as the leading economy in the world (despite the Marxists best efforts), other world economies follow; usually more slowly on any perceived uptick.

And, like you said, just before an election. Shocking, I tell you.
 
WingsOfGold

WingsOfGold

Well-Known Member
StmarysCity79 said:
Gas prices are down to below $3 in more than 12 states

The dow jones hit a record high yesterday.

The feds cut interest rates.

Inflation is slowing

Our economy is recovering faster than any other G7 country.


All signs Biden's economic plan is working


"Economic growth is in the 2% and better annual range, unemployment is at 4.2% (a number that is close to what was once thought full employment), while the stock market has been setting new highs. Indeed, the Dow Jones Industrial Average was up more than 500 points as Biden took to the stage.

Those who own homes, stocks or hold their spare money in savings and money market funds have seen their assets rise in value. Seniors have enjoyed higher-than-normal increases in Social Security payments.
“I don’t see anything in the economy right now that suggests that the likelihood of a recession – sorry – of a downturn is elevated, OK? I don’t see that,” Fed Chairman Jerome Powell told reporters on Wednesday.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Lowest inflation rate in the G7.<br>Strongest economic recovery.<br>Bidenomics is in action. <a href="https://t.co/e4vGLXVkjA">pic.twitter.com/e4vGLXVkjA</a></p>&mdash; President Biden (@POTUS) <a href="">July 16, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>


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That rate cut brings the AVERAGE car payment from 750 to 738! WOW!!!!Bacon 8 -10 dollars a lb. 85% ground beef 7 bucks! The average ghetto rat is high on the hog!
:dingding:
 
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