Morgan Stanley Credits ‘Bidenomics’ for Economic Surge

exGOPer

exGOPer

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%.
 
exGOPer said:
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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Why is Biden's growth lower than Trump's?
 
wildchild said:
Why is Biden's growth lower than Trump's?
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wildchild making stuff up as usual

From right-wing source Barron

Even so, Biden has overseen a faster rate of growth, on average, than Trump. From the first quarter of 2021 to the first quarter of 2023, the most recent period for which data are available, economic growth under the Biden administration averaged 3.1% per quarter.

https://www.barrons.com/articles/trump-vs-biden-economy-ec8ff89a
 
The American people aren't impressed or buying it.He should have focused on the issues people voted for him for.


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Biden should have fought a little harder for 15 min wage,his economic ratings would have been much higher if he had gotten that.
 
When people start repaying those 500 a month student loan repayments that Biden could have delayed until the next term the economy is going to feel much worse for millions.They will remember how Biden sided with republicans and student loan profiteers and fucked them on the issue.
 
Tony Stark said:
When people start repaying those 500 a month student loan repayments that Biden could have delayed until the next term the economy is going to feel much worse for millions.They will remember how Biden sided with republicans and student loan profiteers and fucked them on the issue.
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Be careful of what you wish for...the next person will most likely be much worst.

Seriously, soon there will be old people still paying back their student loans and suddenly they no longer have social security along with losing other social services. :rolleyes:

Inflation growing again, extreme heat waves getting worst (longer duration), more flooding with more small-town people becoming Christians and arming themselves with assault rifles.

wrbtrader
 
wrbtrader said:
Be careful of what you wish for...the next person will most likely be much worst.

Seriously, soon there will be old people still paying back their student loans and suddenly they no longer have social security along with losing other social services. :rolleyes:

wrbtrader
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Like abortion rights/ affirmative action etc,with Democrats like Biden it will happen eventually anyway.
 
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