I never said Biden's hands were clean and I in fact criticized him for the bungling of the withdrawal. His mistake was in following through w/Trump's garbage plan but had he scrapped it, the Magatards would be crying foul on how Biden showed weakness by "going back on our country's word" so there's no winning w/these retards.
Whats this bogus global inflation narrative the dems are pushing?
- Thread starter wildchild
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It was a huuuuggggeee part of the decision. Weakness and incompetence invites aggressive. It has been documented that his decision making skills are awful.
Did you actually listen to press conference? He said absolutely nothing of the sort. He warned that October's lower readings than expected might be temporary and higher inflation could continue. In fact, I'm a little confused about how strong the rally is here. He didn't seem overly dovish about policy going forward. I thought a lower rate hike was already baked in from the last rally.
This has been the case for the last 6 months or so. Jay says one thing and fools interpret it as the complete opposite. Which actually doesn't make them fools simply because they hear what they want, because they're making money on it as long as their punting off it. But long term?
The Fed's own fault. You can't let a toddler have his way every time he throws a tantrum, because the one time you get serious, the meltdown will be epic as the toddler has to learn that this time you're serious!
Joe Biden said it was over in the summer. You worship the guy. How did you miss that?
the only thing that can kill Biden's inflation reduction mastery is the strength of the Biden economy. It's a balancing act on a double edged sword. The stuff of alphas.
The survey from the Institute for Supply Management (ISM) on Monday followed on the heels of news last Friday that the economy continued to create jobs at a solid clip in November, with wage growth accelerating. Consumer spending also rose strongly in October.
The flow of strong data raises the risk that the Federal Reserve will continue hiking interest rates and lift its policy rate to a higher level than the recently projected 4.6%, where it could stay for sometime. The U.S. central bank's rate-hiking cycle is the fastest since the 1980s.