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Local High School Star
Economic boom for 2021 and beyond.
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
https://nymag.com/intelligencer/amp/...mpression=true
Last edited by Code Breaker; 04-22-2021 at 01:56 PM.
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The Pistol
Re: Economic boom for 2021 and beyond.
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Re: Economic boom for 2021 and beyond.
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.
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Local High School Star
Re: Economic boom for 2021 and beyond.
Originally Posted by PistolPete
Cringe.
You’d be preaching to the choir if Trump was in charge
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The Pistol
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Local High School Star
Re: Economic boom for 2021 and beyond.
Originally Posted by PistolPete
Economy was fantastic under Trump and unemployment was at an all-time low. I was already preaching.
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.
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The Pistol
Re: Economic boom for 2021 and beyond.
Originally Posted by Code Breaker
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??
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Re: Economic boom for 2021 and beyond.
Originally Posted by 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.
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Local High School Star
Re: Economic boom for 2021 and beyond.
Originally Posted by oldtimer28
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
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Re: Economic boom for 2021 and beyond.
Originally Posted by Code Breaker
Nice generic and vague response backed with data and statistics
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/Chin...-Nikkei-survey
I really hope the U.S improves but posts like yours don't give me much hope.
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Local High School Star
Re: Economic boom for 2021 and beyond.
Originally Posted by oldtimer28
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/Chin...-Nikkei-survey
I really hope the U.S improves but posts like yours don't give me much hope.
Cool story Mr vague
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NBA lottery pick
Re: Economic boom for 2021 and beyond.
I like how biden's going after the 5% (1M+ earners) instead of the middle class for once. A change from most democratic policies...
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The Pistol
Re: Economic boom for 2021 and beyond.
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.
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I hit open 5-foot jumpshots with ease
Re: Economic boom for 2021 and beyond.
Originally Posted by 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.
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.
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NBA Legend and Hall of Famer
Re: Economic boom for 2021 and beyond.
Originally Posted by 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.
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.
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