MAGAtards at Fitch getting so triggered even Yellen put them on blast.
Morgan Stanley Credits ‘Bidenomics’ for Economic Surge
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Dark Brandon continues his rampant destruction of the U.S. Economy by adding 324,000 jobs in July. Will his madness never cease?
https://www.cnbc.com/2023/08/02/pri...in-july-well-above-expectations-adp-says.html
https://www.cnbc.com/2023/08/02/pri...in-july-well-above-expectations-adp-says.html
Debt rose 7 trillion under Trump, a lot of them useless tax cuts which didn't contribute to growth.
Derek Thompson: “We’re now in the back half of a year that was supposedly doomed, and the U.S. economy isn’t just narrowly avoiding a downturn. As the writer Noah Smith points out, nearly everything you should want to go well in an economy is going quite well right now.”
“Employment is high, inflation is falling, real incomes are rising, and inequality is narrowing. Superlatives abound. The official unemployment rate is near a 60-year low, and the jobless rate for Black Americans recently hit an all-time low. The U.S. has the fastest growth rate and the lowest annual inflation of any G7 country. Yes, problems exist. Essentials such as housing, education, and health care are still too expensive; wages could be growing faster; and last year’s inflation is still baked into today’s prices. But mostly, things are good—for now.”
“Employment is high, inflation is falling, real incomes are rising, and inequality is narrowing. Superlatives abound. The official unemployment rate is near a 60-year low, and the jobless rate for Black Americans recently hit an all-time low. The U.S. has the fastest growth rate and the lowest annual inflation of any G7 country. Yes, problems exist. Essentials such as housing, education, and health care are still too expensive; wages could be growing faster; and last year’s inflation is still baked into today’s prices. But mostly, things are good—for now.”
Yes,that's why he has an approval rating in the 30s on the economy.Focusing on education cost and healthcare would have been much better than build back bull shit and infrastructure that nobody but big business feels.
The claim about lowest annual inflation of any G7 country is incorrect. The overall theme though is good.
Economy approval -26
Overall approval -18
Biden might want to rethink the Bidenomics strategy
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But than again what else can he run on ? Climate change,healthcare,police reform,free college etc ...
