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


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33 minutes ago, BillsFanNC said:

 

And right on cue: mortgage rates dip back under 7%

 

All this election talk (impeachment inquiry! 91 indictments! abortion back on the stage! Ukraine! Israel!), and yet I have a strong feeling that it will come down to what the economy does. I was with the analysts saying a recession is a near certainty. Now the "soft landing" seems to be solidly back in play. If inflation remains in check going forward, growth stays steady, and everyone's 401k keeps on an upward trend, well, that will create a very different political picture come October when ballots start getting returned.

 

EDIT: 10-year Treasury back under 4 percent too. The bond rally is on!

Edited by The Frankish Reich
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2 minutes ago, All_Pro_Bills said:

 

Like a lady falling for the charms of a guy claiming to have a huge member, nobody is feeling this imaginary prosperity.  

Good one.

But ... there's a lag time between an improving economy and the perception that the economy is, in fact, improving. Worrying for Biden supporters that we're now 11 months from the election and public opinion isn't showing any signs of shifting yet. But if we avoid recession (an the "soft landing" scenario is now the majority opinion of economists) there's a good chance that opinion does shift by summer. As with everything, we shall see.

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