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The Biden Boom: Biden's Economy Has the Best Growth Record Since 1969


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2 hours ago, BillStime said:

 

T, maybe you can conduct your own research on Tyson's business practices, industry challenges, and competitors, then report back. Review their 10-Q and 10-K and analyst reports and provide insights into their challenges, supply and demand trends, and the costs of pork and chicken.

 

Meanwhile, I don't remember your outrage over Tyson's, which has been laying off people for years, including during the Trump years. Here is a sample:

 

2017: Tyson Foods reducing corporate headcount by 450

2017: Tyson Foods, Inc. 54 Layoff Permanent - San Diego

2018: More Than 100 Layoffs Announced At Tyson Plant In Van Buren

2018: Tyson may lay off hundreds of South Bay workers - San Diego

2019: More than 100 to lose jobs in closure of Fort Worth frozen food facility

2020: Tyson Foods outsourcing will ‘displace’ 330 tech employees - Talk Business & Politics

2020: Tyson to cut 500 jobs, including some in Chicago, as part of restructuring – Chicago Tribune

2020: 4 Ways Tyson Foods Made 2020 Worse

 

Additionally, I don't remember hearing any comments from you about the numerous company layoffs during the Trump administration. Here's just a sample:

 

 

 

 

Dam are you on the I Hate Trump register or what ?? I'll bet if you looked as hard into Joe you could find nearly the same as much on him but that won't happen .

 

I didn't see or here much f any of this that you put on this reply i was to busy working my A** off in those years but i did here the haters like you back then that i knew personally say that the economy sucked but in my job i travel all over the US & i never saw people not working .

 

I saw the homeless villages out west & in most any major city that i traveled to which was just as bad last year or worse than it has ever been especially out west San Fran, Oregon, LA, Seattle, it's crazy how many tent cities there are & every time i go out there its worse than the time before .

 

When i go to NOLA and your getting on the interstate to head north from down town there has been the same tent there every time I've been for over 2 years .

 

From anything i catch from people that live in the cities they say it's because of the liberal politicians that make laws like giving out hypodermic needles so the junkies don't get sick as long as they give them back, yet they are laying all over the side walks & such spending money on useless things such as that .

 

Not to mention the outrageous tax structure in Cali. I know a person that moved here a year ago and sold a 1200 Sq Ft. house on a lot less than a quarter of a acre & it sold for well over $1 million that is outrageous & Denver is now getting the same way . Yet they keep voting in the nut jobs any way ...

 

I'll end with this . You are so filled with hatred for anything this guy has done it's very hard to see past that, if maybe just once in a while there were anything at all even the smallest of things that you could say in a positive manner that he did i might be able to look past your incredible biased hatred but you make it very hard because of your track record .

 

I saw a response on the football blog by you a day or so ago & i had to make a appointment at the eye Dr. because i thought my eyes were going bad, that was first for me .

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2 hours ago, US Egg said:

One of those times when msm forgot to follow the LW script:

 

 

 

I believe everything those folks are saying BUT if the US would worry more about what is happening here on American soil FIRST and not out source so many manufacturing jobs to other countries and keep the employment here i don't believe the deficit would be as bad & the homelessness would be a s bad either .

 

Then by continuing to allow others to come in free and clear doesn't help in any way either . I'm all for helping the less fortunate but lets take care of our own citizens first then once we have that under control look at other ways we can help from there !

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16 minutes ago, T master said:

 

Dam are you on the I Hate Trump register or what ?? I'll bet if you looked as hard into Joe you could find nearly the same as much on him but that won't happen .

 

I didn't see or here much f any of this that you put on this reply i was to busy working my A** off in those years but i did here the haters like you back then that i knew personally say that the economy sucked but in my job i travel all over the US & i never saw people not working .

 

I saw the homeless villages out west & in most any major city that i traveled to which was just as bad last year or worse than it has ever been especially out west San Fran, Oregon, LA, Seattle, it's crazy how many tent cities there are & every time i go out there its worse than the time before .

 

When i go to NOLA and your getting on the interstate to head north from down town there has been the same tent there every time I've been for over 2 years .

 

From anything i catch from people that live in the cities they say it's because of the liberal politicians that make laws like giving out hypodermic needles so the junkies don't get sick as long as they give them back, yet they are laying all over the side walks & such spending money on useless things such as that .

 

Not to mention the outrageous tax structure in Cali. I know a person that moved here a year ago and sold a 1200 Sq Ft. house on a lot less than a quarter of a acre & it sold for well over $1 million that is outrageous & Denver is now getting the same way . Yet they keep voting in the nut jobs any way ...

 

I'll end with this . You are so filled with hatred for anything this guy has done it's very hard to see past that, if maybe just once in a while there were anything at all even the smallest of things that you could say in a positive manner that he did i might be able to look past your incredible biased hatred but you make it very hard because of your track record .

 

I saw a response on the football blog by you a day or so ago & i had to make a appointment at the eye Dr. because i thought my eyes were going bad, that was first for me .

 

So, are you a socialist? You certainly don't sound like a capitalist.

 

Neither Donald Trump nor Joe Biden run these companies.

 

 

 

 

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43 minutes ago, T master said:

I'm all for helping the less fortunate but lets take care of our own citizens first then once we have that under control look at other ways we can help from there !

 

 

 

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17 hours ago, BillStime said:

 

So, are you a socialist? You certainly don't sound like a capitalist.

 

Neither Donald Trump nor Joe Biden run these companies.

 

 

 

 

 

So exactly what part of your rectum did you pull this reply from ? Is this another bait & switch thing ?

 

I made no reference of making companies do anything, if anything i made a comment on just wanting to keep manufacturing jobs here on American soil ... 

16 hours ago, US Egg said:

 

 

 

 

Exactly ! Most people that make a decent wage can't afford a modest 3/2 home any more, but they give breaks to those that aren't citizens WTH is up with that ?

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8 minutes ago, T master said:

Exactly ! Most people that make a decent wage can't afford a modest 3/2 home any more, but they give breaks to those that aren't citizens WTH is up with that ?

Its their way of encouraging the illegals to register to vote for Biden in November. 

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1 minute ago, All_Pro_Bills said:

Its their way of encouraging the illegals to register to vote for Biden in November. 

 

All while screwing American veterans, & American citizens or the disabled that could actually use the help but that isn't what American politics is about anymore, it's just sad !! 

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1 hour ago, All_Pro_Bills said:

Its their way of encouraging the illegals to register to vote for Biden in November. 


Gives them a street address and they can use the previous occupants’ names to vote. 

Edited by Doc
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What world are these clowns, trying to blame Biden for trumps tax cuts for the rich, living in?  Then they double down on their stupidity talking about the child tax credit.  #alternativefactsworld

 

"For years, President Biden has vowed no tax increase on individuals earning less than $400,000," Sen. Steve Daines, R-MT, said during a Senate Finance Committee hearing where Yellen was testifying.  "And now President Biden is choosing to let the Tax Cuts and Jobs Act expire and increase the corporate tax rate forcing American families and workers to bear the cost of these 'woke' policies," Daines said, referencing clean energy policies under the 2022 Inflation Reduction Act.

Provisions of the TCJA — a landmark tax law proposed by the Trump administration and passed by Congress in 2017— that are set to expire in 2025 include the child tax credit.

That credit allows taxpayers to reduce their tax bill by up to $2,000 per qualifying child, with an income threshold of up to $400,000 per family.

An additional "other dependent credit" offers a tax credit of $500 to people with less than $400,000 in income who have qualified dependents who are ineligible for the child tax credit.

"Would you agree that if the TCJA child tax credit provisions are not extended, this would also result in a tax hike for Americans making under $400,000?" Sen. Mike Crapo, R-Id., the committee's ranking member, asked Yellen.

 

 

Republicans, so called party of family values, do not support needy families

 

The Child allowance payments are the biggest help in decades – but Republicans just see ‘welfare assistance’

 

Last Thursday, 39 million American parents began receiving a monthly child allowance ($300 per child under six, and $250 per child from six through 17). It’s the biggest helping hand to American families in more than 85 years.

They need it. Even before the pandemic, child poverty had reached post-war records. Even non-poor families were in trouble, burdened with deepening debt and missed payments. Most were living paycheck to paycheck – so if they lost a job, they and their kids could be plunged into poverty.

But every single Republican in both the House and Senate voted against the measure.

After I posted a tweet reminding people of this indisputable fact, Republican senator Mike Lee of Utah responded Friday with a perfectly bizarre tweet: “If you’re one of the 39 million households receiving their first Child Tax Credit payment today, don’t forget that every single Democrat voted against making it larger.”

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14 minutes ago, Tommy Callahan said:

What's the point of know return?

 

Debt to gdp at 150?

175?

 

We are currently over 130 and climbing daily.  

 

 


Making the case to not renew the Trump tax cuts that we clearly couldn’t afford.

 

 

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3 minutes ago, All_Pro_Bills said:

Based on depressed consumer sentiment and expectation along Biden's dreadful approval ratings nobody believes that.

 

Yeah, that's cute and all. Reminds me what the polls told us about 2022 midterm elections.

 

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12 minutes ago, AlBUNDY4TDS said:

Nobody believes this. Nobody

 

Yup.  And it's about what people believe.  Like Joke "shutting down the virus" as a reason to vote for him.

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43 minutes ago, BillStime said:

 

Yeah, that's cute and all. Reminds me what the polls told us about 2022 midterm elections.

 

What it reminds you of is not a concern.  The numbers are the numbers.  If you think they're wrong or the methodology is defective, please explain.

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1 minute ago, All_Pro_Bills said:

What it reminds you of is not a concern.  The numbers are the numbers.  If you think they're wrong or the methodology is defective, please explain.

 

Yup, I know. Meanwhile: Consumer Sentiment is up 23.39% from one year ago.

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130 debts to DGP ratio is amazing, we should shoot for 200%

 

Record high credit card debt.

 

Largest federal expense just became the debt.  

 

Delinquencies rising.

 

residential and commercial real estate bubble.

 

unemployment looking good due to the southeast and upper Midwest pulling the average down.  its over target in much of the country.  

 

https://www.bls.gov/charts/state-employment-and-unemployment/state-unemployment-rates-map.htm

 

 

 

 

 

 

 

 

 

 

 

 

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2 minutes ago, Tommy Callahan said:

130 debts to DGP ratio is amazing, we should shoot for 200%

 

Record high credit card debt.

 

Largest federal expense just became the debt.  

 

Delinquencies rising.

 

residential and commercial real estate bubble.

 

unemployment looking good due to the southeast and upper Midwest pulling the average down.  its over target in much of the country.  

 

https://www.bls.gov/charts/state-employment-and-unemployment/state-unemployment-rates-map.htm

 

 

 

 

 

 

 

 

 

 

 

 

Everything you point to here is consistent with one thing: we are in an economic growth cycle.

It's fine to say that that's not sustainable, that the economy is overheated and will inevitably result in a correction/recession, etc.

But think about what that means: it means that the economy is strong now. It means that the Biden economy is strong. Why can't you admit that? 

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1 minute ago, The Frankish Reich said:

Everything you point to here is consistent with one thing: we are in an economic growth cycle.

It's fine to say that that's not sustainable, that the economy is overheated and will inevitably result in a correction/recession, etc.

But think about what that means: it means that the economy is strong now. It means that the Biden economy is strong. Why can't you admit that? 

Its so strong the poor, middle and fixed are suffering.

 

but the investor class is doing great.

 

If it's so strong, the fed would be talking about raising rates. Not cutting 2-3 times this year.  

 

 

 

 

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4 minutes ago, The Frankish Reich said:

The Fed: we thought growth would be slowing and we could cut 25 basis points in March. We were wrong. So maybe later.

if the economy was on fire as you're stating. there wouldn't be a discussion about lowering it. . it would be to raise rates or stay the same.

 

 

 

 

 

 

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1 hour ago, BillsFanNC said:

 

 

And I'm sure that one mention this month was him saying his last name and the mumbling that sometimes follows...

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21 hours ago, The Frankish Reich said:

Everything you point to here is consistent with one thing: we are in an economic growth cycle.

It's fine to say that that's not sustainable, that the economy is overheated and will inevitably result in a correction/recession, etc.

But think about what that means: it means that the economy is strong now. It means that the Biden economy is strong. Why can't you admit that? 

A country's currency does not lose 20% of its value in a growth cycle unless that growth is purely of a nominal nature fueled by inflation.  Add in massive government spending and deficits to fuel consumption and social assistance that provide little to no long term value and I think that's what we've got here.  You can't borrow yourself to prosperity while digging your own financial grave by carrying massive debts which have become your biggest recurring expense.  

Edited by All_Pro_Bills
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5 minutes ago, All_Pro_Bills said:

A country's currency does not lose 20% of its value in a growth cycle unless that growth is purely of a nominal nature fueled by inflation.  Add in massive government spending and deficits to fuel consumption and social assistance that provide little to no long term value and I think that's what we've got here.  You can't borrow yourself to prosperity while digging your own financial grave by carrying massive debts which have become your biggest recurring expense.  

As far as the U.S. dollar value goes relative to other major world currencies (the DXY):

- up 7.46% over 6 years

- up 1.63% over the last year

Everyone's all worked up into a lather about China. So the dollar has tanked vs. the Chinese yuan during the Biden presidency, right?

Wrong.

Up about 12% vs. the yuan in the last 3 years.

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And Japan must be kicking the dollar's ass too. I keep reading about their economic recovery.

No.

https://www.wsj.com/finance/currencies/yen-hits-34-year-low-as-hopes-for-boj-rate-increases-fade-d3d0da2d?mod=hp_lead_pos3

 

If anything, all of this suggests the dollar is too strong, making imports cheaper. Devaluing the dollar would fix that, but that typically means keeping interest rates low or even lowering them.

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10 minutes ago, The Frankish Reich said:

As far as the U.S. dollar value goes relative to other major world currencies (the DXY):

- up 7.46% over 6 years

- up 1.63% over the last year

Everyone's all worked up into a lather about China. So the dollar has tanked vs. the Chinese yuan during the Biden presidency, right?

Wrong.

Up about 12% vs. the yuan in the last 3 years.

I prefer a comparison monetary authorities reference which is a currency vs. spot gold which is hovering around $2,200/oz at the moment.  Central banks have been loading up on the metal for a couple years now and that gives a clue as to where they see value and safety in allocating their reserves.

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14 minutes ago, All_Pro_Bills said:

I prefer a comparison monetary authorities reference which is a currency vs. spot gold which is hovering around $2,200/oz at the moment.  Central banks have been loading up on the metal for a couple years now and that gives a clue as to where they see value and safety in allocating their reserves.

True. Their are mixed signals in the markets since gold is typically just a hedge against inflation.

But my point is that relative to basically all other world economies, the U.S. finds itself in first place. That ain't nuthin

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