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  #1  
Old 07-29-2023, 07:21 AM
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finnbow finnbow is offline
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Since just before COVID, GDP growth in the USA has far outstripped all other G7 countries.

US +6.7%
Canada +4%
Italy +1.6%
France +1.3%
Germany +0.5%
UK -0.5%
Japan -1.1%

Moreover, GDP growth under Biden is now far greater that it was for Trump before COVID. Indeed under Trump, GDP growth was generally slower than all other G7 countries (despite his massive, budget-breaking tax cut).

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Old 07-29-2023, 12:35 PM
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To those of us in business, it was quite obvious that the inflation was caused by shortages in the supply chain in every category post Covid, from oil to semi conductor chips. A laser manufacturer told me once that they were unable to ship their lasers because common parts like connectors were unavailable. It took over two years for the supply chain to unclog, especially shipping itself due to shortage of sailing crew.

The Repugnants tried to make Biden the scapegoat and it fell with a thud. The Feds by attempting to control inflation may have avoided a major recession, or at least for now it seems like it.

So impeach Biden is now gaining steam, even Kev who is still smarting for being snookered by Biden on the debt ceiling is exploring impeachment of Biden.
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Old 07-29-2023, 12:52 PM
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Quote:
Originally Posted by Rajoo View Post
...So impeach Biden is now gaining steam, even Kev who is still smarting for being snookered by Biden on the debt ceiling is exploring impeachment of Biden.
And if they don't impeach him, conservative talking heads are talking about giving Biden the death penalty.

https://www.mediamatters.org/charlie...crimes-against
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Old 07-29-2023, 01:57 PM
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finnbow finnbow is offline
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The surprises keep coming for the U.S. economy — and nearly all have been worth cheering lately. Growth was better than expected this spring. Inflation is cooling off faster than anticipated. Unemployment remains near half-century lows. Optimism is picking up. Consumer spending remains solid. Wages are now rising faster than inflation. UPS workers are not going to strike after the company gave them a large raise. The stock market is near all-time highs. Wall Street banks no longer predict an imminent recession. Business investment is picking up. Even housing appears to be turning around. The nation might be able to achieve what many experts deemed impossible: bringing down inflation without triggering mass layoffs and a downturn.

https://www.washingtonpost.com/opini...-no-recession/

Yet our boy Whell remains wedded to the thoroughly discredited supply-side nonsense.
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Old 07-29-2023, 02:02 PM
RickeyM RickeyM is offline
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Quote:
Originally Posted by finnbow View Post
And if they don't impeach him, conservative talking heads are talking about giving Biden the death penalty.

https://www.mediamatters.org/charlie...crimes-against
It's as if they don't understand that Biden beat their guy in the 2020 with a historical voter turnout.
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  #6  
Old 07-29-2023, 02:32 PM
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They are in a galaxy far far away.
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  #7  
Old 08-01-2023, 07:27 AM
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Without a recession to exploit, the GOP has lost economic coherence.

https://www.washingtonpost.com/opini...economy-plans/

I think Jen Rubin has been reading Whells posts on this thread.
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Old 08-04-2023, 10:06 AM
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Republicans who fought Biden’s agenda now claim credit for it.

https://www.washingtonpost.com/opini...t-tax-credits/

Their shamelessness is only exceeded by their dishonesty.
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Old 08-04-2023, 11:07 AM
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^^There is a column in today's WaPo by Henry Olsen claims that the Republicans saved our democracy in 2020. Caution: This drivel is puke worthy.

https://www.washingtonpost.com/opini...ved-democracy/
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  #10  
Old 08-04-2023, 11:48 AM
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Originally Posted by Rajoo View Post
^^There is a column in today's WaPo by Henry Olsen claims that the Republicans saved our democracy in 2020. Caution: This drivel is puke worthy.

https://www.washingtonpost.com/opini...ved-democracy/
Oh darn! I unfortunately let my Washington post sub lapse....
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