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Post by DrSchadenfreude on Jul 22, 2023 9:47:51 GMT -5
Morgan Stanley Credits 'Bidenomics' for Economic Surge
 politicalwire.com/2023/07/22/morgan-stanley-credits-bidenomics-for-economic-surge/
July 22, 2023 at 7:28 am EDT By Taegan Goddard Morgan Stanley is crediting President 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, CNBC reports. As a result of these unexpected swells, Morgan Stanley now projects 1.9% GDP growth for the first half of this year. That’s nearly four times higher than the bank’s previous forecast of 0.5%.
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Post by Walter on Jul 22, 2023 10:23:43 GMT -5
Morgan Stanley Credits 'Bidenomics' for Economic Surge
politicalwire.com/2023/07/22/morgan-stanley-credits-bidenomics-for-economic-surge/
July 22, 2023 at 7:28 am EDT By Taegan Goddard Morgan Stanley is crediting President 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, CNBC reports. As a result of these unexpected swells, Morgan Stanley now projects 1.9% GDP growth for the first half of this year. That’s nearly four times higher than the bank’s previous forecast of 0.5%. I hate when that happens! Damn those coastal progressive elites!! |
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Post by DrSchadenfreude on Jul 22, 2023 10:29:25 GMT -5
Morgan Stanley Credits 'Bidenomics' for Economic Surge
politicalwire.com/2023/07/22/morgan-stanley-credits-bidenomics-for-economic-surge/
July 22, 2023 at 7:28 am EDT By Taegan Goddard Morgan Stanley is crediting President 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, CNBC reports. As a result of these unexpected swells, Morgan Stanley now projects 1.9% GDP growth for the first half of this year. That’s nearly four times higher than the bank’s previous forecast of 0.5%. I hate when that happens! Damn those coastal progressive elites!! But...but what about those allegations of unverified allegations about the unverified Republicon allegations about Biden and Burisma?  |
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Post by Walter on Jul 22, 2023 10:48:53 GMT -5
I hate when that happens! Damn those coastal progressive elites!! But...but what about those allegations of unverified allegations about the unverified Republicon allegations about Biden and Burisma? You mean the unverified ones? AFAIK, they have yet to be verified. |
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Post by DrSchadenfreude on Jul 22, 2023 13:43:30 GMT -5
If the Biden administration found a cure for cancer, there wouldn't be a single acknowledgement from the MAGA loons.
Instead, we'd see nothing but Faux News MAGA threads about Hunter Biden's laptop, Joe Biden's age, and Donald Trump's innocence.
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Post by nu5ncbigred on Jul 22, 2023 18:19:38 GMT -5
Morgan Stanley Credits 'Bidenomics' for Economic Surge
politicalwire.com/2023/07/22/morgan-stanley-credits-bidenomics-for-economic-surge/
July 22, 2023 at 7:28 am EDT By Taegan Goddard Morgan Stanley is crediting President 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, CNBC reports. As a result of these unexpected swells, Morgan Stanley now projects 1.9% GDP growth for the first half of this year. That’s nearly four times higher than the bank’s previous forecast of 0.5%. I hate when that happens! Damn those coastal progressive elites!! You think a 1.9% GDP growth rate is something to brag about? I do not. The goal should always be 3-4% with inflation at 2% or less. Biden is an economic failure. We need 1983-1989 and 1995-1999 and 2017-2019/2nd half 2020 growth rates. |
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Post by DrSchadenfreude on Jul 23, 2023 21:15:53 GMT -5
I hate when that happens! Damn those coastal progressive elites!! You think a 1.9% GDP growth rate is something to brag about? I do not. The goal should always be 3-4% with inflation at 2% or less. Biden is an economic failure. We need 1983-1989 and 1995-1999 and 2017-2019/2nd half 2020 growth rates. Newsflash, Corn Dog. Biden presided over the highest U.S. GDP growth rate in decades in 2021-- and historic private sector job growth. The 2022 inflation was a global phenomenon resulting from supply chain disruptions and corporate greed. Conversely, Donald Trump had the worst record in modern U.S. history for GDP and job growth-- even worse than George W. Bush's abysmal record. At the same time, Bush and Trump dramatically increased the growth rate of the Reaganomic national debt-- with more tax cuts for billionaires. The historic failure has been "trickle down" Republicon tax cuts for billionaires. |
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Post by nu5ncbigred on Jul 23, 2023 21:41:03 GMT -5
You are being ridiculous. Giving Trump the blame for what China fig is a democrat talking point on behalf of your handlers. It was Trump who gave Biden strong growth and Biden squandered it. As to tax cuts, I have benefited from Reagan, Clinton, Bush, Trump tax cuts my whole life and I’ve never been rich.
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Post by DrSchadenfreude on Jul 23, 2023 23:13:54 GMT -5
You are being ridiculous. Giving Trump the blame for what China fig is a democrat talking point on behalf of your handlers. It was Trump who gave Biden strong growth and Biden squandered it. As to tax cuts, I have benefited from Reagan, Clinton, Bush, Trump tax cuts my whole life and I’ve never been rich. You're clueless, NU. Trump inherited seven years of sustained U.S. GDP and job growth and a near TRIPLING of U.S. stock markets under Obama. There was never a "Trump Bump" in U.S. GDP growth before the U.S. economy crashed under Trump in 2020. |
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Post by DrSchadenfreude on Jul 24, 2023 16:01:54 GMT -5
Jobs Boom at the State Level
July 24, 2023
Axios: “From Pennsylvania to Washington to Alabama, 17 states saw jobless rates hit new record lows or hold at a previously notched low in June.”
“That group includes New Hampshire and South Dakota. Both are tied for lowest unemployment rates in the nation at 1.8% in June, both ticking down from 1.9%.”
“The strong labor market conditions may be politically awkward for red-state politicians who are touting big job gains and have also criticized the state of the economy under the Biden administration.”
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Post by cbisbig on Jul 24, 2023 18:41:55 GMT -5
But...but what about those allegations of unverified allegations about the unverified Republicon allegations about Biden and Burisma? You mean the unverified ones? AFAIK, they have yet to be verified. Lol. Who will cum first!😂 |
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ROLL TIDE!
29 SEC Championships
18 National Championships
2015-16 Bowl Champion Douche
2020 Pandemic Bowl Champ
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Post by DrSchadenfreude on Jul 26, 2023 9:43:45 GMT -5
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Post by DrSchadenfreude on Jul 26, 2023 12:33:36 GMT -5
Consumer Confidence Is Up Everywhere You Look
July 26, 2023
“The rally in consumer sentiment — like the rally in the stock market — is looking pretty broad,” Axios reports.
“This upswing has been building all year as inflation cooled. It’s visible across income groups — and across different national surveys measuring consumer attitudes.”
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Post by Walter on Jul 26, 2023 12:35:47 GMT -5
Dammit!!!
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Post by DrSchadenfreude on Jul 27, 2023 9:35:44 GMT -5
U.S. Economic Growth Accelerates
July 27, 2023 at 9:00 am EDT By Taegan Goddard
“The U.S. economy grew solidly last quarter and remained well clear of a recession despite the Federal Reserve pushing interest rates higher,” the Wall Street Journal reports.
“Gross domestic product grew at a seasonally and inflation adjusted annual rate of 2.4% in the second quarter, picking up slightly from 2% growth in the first three months of the year.”
CNBC: “Perhaps as important, inflation was held in check through the period. The personal consumption expenditures price index increased 2.6%, down from a 4.1% rise in the first quarter and well below the Dow Jones estimate for a gain of 3.2%.”
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