The Biden Economy

[RickeyM]

Originally Posted by finnbow

Truth be told, naming of legislation with some catchy, misleading moniker is a standard legislative tactic in Washington and practiced very liberally by the GOP. Case in point - Dubya's Patriot Act had nothing to do with patriotism.

Maybe they call it that to troll the Repubs... and whell

[whell]

Originally Posted by finnbow

LOL.

Yeah, I laugh at that thought as well but continue to have high hopes for you.

[finnbow]

Originally Posted by whell

Yeah, I laugh at that thought as well but continue to have high hopes for you.

Uh oh, the very mature and irrefutable "I'm rubber and you're glue" retort.

[Chicks]

Rep. Jim Jordan's Rant About 'Real America' Backfires Spectacularly
https://news.yahoo.com/rep-jim-jorda...083634327.html

This buffoon reminds me SO MUCH of Whell.

[Pio1980]

That's "Gym" Jordan. Just a reminder.

[whell]

As the causes of US inflation grow, so do the dangers


https://apnews.com/article/inflation...98ff8b07fae96a

At their most recent meeting in late September, Fed officials warned that their rate hikes would likely slow the economy for an extended period, with growth coming in at “ a below-trend pace in this and the coming few years” and unemployment likely rising.

[whell]

Originally Posted by Chicks

Rep. Jim Jordan's Rant About 'Real America' Backfires Spectacularly
https://news.yahoo.com/rep-jim-jorda...083634327.html

This buffoon reminds me SO MUCH of Whell.

Its really not news when HuffPo finds and tries to make a news story out of some tweets that are not favorable to a Republican. For HuffPo, its just another day of trying to rouse the Dem base. I can see in your case that it succeeded.

[RickeyM]

Originally Posted by whell

Its really not news when HuffPo finds and tries to make a news story out of some tweets that are not favorable to a Republican. For HuffPo, its just another day of trying to rouse the Dem base. I can see in your case that it succeeded.

What?!? I thought you were just a tRump apologist? Who knew!

[Chicks]

A Recession Suddenly Looks Like It Can Be Avoided
https://www.washingtonpost.com/busin...36b_story.html

Higher interest rates are no doubt causing pain to investors and consumers, but the economy has been able to handle them better than anyone thought possible six months ago. The worst-case fear was that the Federal Reserve would move too aggressively to correct inflation caused by pandemic distortions in the supply chain, wages and the housing market, and that as those kinks worked themselves out, rising rates would leave the economy crippled by soaring unemployment while inflation was still too high.

Last week’s steady jobs report should now put those fears to rest. The labor market has remained resilient enough to buy time for supply chains to heal and for many of the pandemic-related problems to ease. That’s providing a clearer path for the Fed to target inflation. Should the Fed feel the need to push the economy into recession in 2023, it will be due to an accurate read of structural inflation dynamics rather than data that’s been overly influenced by Covid shutdowns.

Sorry, Whell.

[Rajoo]

Originally Posted by Dondilion

Biden appears more sympathetic to the aspirations of the working class than anyone in the Republican line up.

However, what is basically operating against Biden is the permanence of inflation.

Which was/is mostly caused because of the forced shut down from the pandemic. Yet he will get the blame.