Economic boom for 2021 and beyond.

[Code Breaker]

Last week, fewer Americans applied for unemployment benefits than at any time since March 2020. Last month, retail sales in the U.S. rose by 9.8 percent, the largest increase in nearly a year. Factory activity in the state of New York just hit its highest level since 2017; in Philadelphia, manufacturers are now more confident about business conditions than they have been since 1973. As of this writing, U.S. stock values have hit an all-time high. All of this news is better than expected. And yet the yield on U.S. Treasury bonds declined Thursday morning — a sign that global investors believe America can have its post-COVID economic boom and its low inflation, too.

In other words, it’s a good morning for “Bidenomics.”


But, but the economy and stock market would’ve crashed under Biden :roll:


https://nymag.com/intelligencer/amp/2021/04/jobless-claims-retail-sales-stocks-biden-stimulus.html?__twitter_impression=true

[PistolPete]

Cringe.

[MaxPlayer]

LOL obviously if you shut down half the economy for a year, there's going to be a boom when you finally allow it to re-open.

[Code Breaker]

Cringe.

You’d be preaching to the choir if Trump was in charge :roll:

[PistolPete]

You’d be preaching to the choir if Trump was in charge :roll:

Economy was fantastic under Trump and unemployment was at an all-time low. I was already preaching. :oldlol:

[Code Breaker]

Economy was fantastic under Trump and unemployment was at an all-time low. I was already preaching. :oldlol:

Yeah for the wealthy but not middle or lower class. Middle-class incomes grew at a rate of 2.7 percent from 2016 through 2018, compared to a 5.8 percent growth rate from 2014 through 2016 when accounting for inflation. Republicans always want to leave out the growing Economy he inherited from Obama lol.

[PistolPete]

Yeah for the wealthy but not middle or lower class. Middle-class incomes grew at a rate of 2.7 percent from 2016 through 2018, compared to a 5.8 percent growth rate from 2014 through 2016 when accounting for inflation. Republicans always want to leave out the growing Economy he inherited from Obama lol.

So you're saying that incomes grew for everyone? Is that what you're saying?? :oldlol:

[oldtimer28]

But, but the economy and stock market would’ve crashed under Biden :roll:


https://nymag.com/intelligencer/amp/2021/04/jobless-claims-retail-sales-stocks-biden-stimulus.html?__twitter_impression=true


I live the markets. Your post is terrible and inaccurate.

Not even commenting politically as too soon to assess.

However, markets and data are terrible in 2021 relatively, especially when compared to debt and risks.

[Code Breaker]

I live the markets. Your post is terrible and inaccurate.

Not even commenting politically as too soon to assess.

However, markets and data are terrible in 2021 relatively, especially when compared to debt and risks.

Nice generic and vague response backed with data and statistics :oldlol:

[oldtimer28]

Nice generic and vague response backed with data and statistics :oldlol:

I am sorry for your lack of education.

Economics is relative. China is outpacing the USA.

You are not worth the time for me to write more.

I will give you another free lesson : I love data and statistics but they are easily manipulated.

Here is a simple article for those interested.

https://asia.nikkei.com/Economy/China-2021-GDP-to-beat-target-on-COVID-bounce-Nikkei-survey

I really hope the U.S improves but posts like yours don't give me much hope.

[Code Breaker]

I am sorry for your lack of education.

Economics is relative. China is outpacing the USA.

You are not worth the time for me to write more.

I will give you another free lesson : I love data and statistics but they are easily manipulated.

Here is a simple article for those interested.

https://asia.nikkei.com/Economy/China-2021-GDP-to-beat-target-on-COVID-bounce-Nikkei-survey

I really hope the U.S improves but posts like yours don't give me much hope.

Cool story Mr vague :oldlol:

[rawimpact]

I like how biden's going after the 5% (1M+ earners) instead of the middle class for once. A change from most democratic policies...

[PistolPete]

Combine that with minimum wage hikes, I see more companies outsourcing as a result. Hopefully I'm wrong after Trump tried his hardest to bring these companies back.

[TeflonDonTrump]

Combine that with minimum wage hikes, I see more companies outsourcing as a result. Hopefully I'm wrong after Trump tried his hardest to bring these companies back.

we have 4 years to see and we can do an "i told you so"

The first 4 months have been already stupid. Gas hikes, food hikes, lumber hikes. Its only a matter of time. All these are contributing to a more expensive cost of living. Thats why retard3 is unable to move out of the basement.

[tpols]

LOL obviously if you shut down half the economy for a year, there's going to be a boom when you finally allow it to re-open.

Yup... and the funny thing is this was called a long time ago. Democrat states have by far the highest GDPs and they shut down to get their guy in. Now everybody is starting to open up since they have control of the office.

[AirBonner]

Don’t this take away from the fact that De Blasio’s wife “lost” 850 million in tax payers money. How about we properly utilize the money we have before mugging the population

[Shooter]

LOL obviously if you shut down half the economy for a year, there's going to be a boom when you finally allow it to re-open.

Not to mention dumping Trillions of dollars via Jerome Powell's money-printer and the fact that he is allowing people to stop paying mortgage for a year so now they have thousands extra each month as well.

[Shooter]

I like how biden's going after the 5% (1M+ earners) instead of the middle class for once. A change from most democratic policies...

It has a trickle down effect though...Plus 56% capital gains tax is ridiculous.

[Axe]

Still struggling under the pandemic