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  1. #1
    Local High School Star Code Breaker's Avatar
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    Default 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.

  2. #2
    The Pistol PistolPete's Avatar
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    Default Re: Economic boom for 2021 and beyond.

    Cringe.

  3. #3
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    Default 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.

  4. #4
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    Default Re: Economic boom for 2021 and beyond.

    Quote Originally Posted by PistolPete View Post
    Cringe.
    You’d be preaching to the choir if Trump was in charge

  5. #5
    The Pistol PistolPete's Avatar
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    Default Re: Economic boom for 2021 and beyond.

    Quote Originally Posted by Code Breaker View Post
    You’d be preaching to the choir if Trump was in charge
    Economy was fantastic under Trump and unemployment was at an all-time low. I was already preaching.

  6. #6
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    Default Re: Economic boom for 2021 and beyond.

    Quote Originally Posted by PistolPete View Post
    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.

  7. #7
    The Pistol PistolPete's Avatar
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    Default Re: Economic boom for 2021 and beyond.

    Quote Originally Posted by Code Breaker View Post
    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??

  8. #8
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    Default Re: Economic boom for 2021 and beyond.

    Quote Originally Posted by Code Breaker View Post
    But, but the economy and stock market would’ve crashed under Biden


    https://nymag.com/intelligencer/amp/...mpression=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.

  9. #9
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    Default Re: Economic boom for 2021 and beyond.

    Quote Originally Posted by oldtimer28 View Post
    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

  10. #10
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    Default Re: Economic boom for 2021 and beyond.

    Quote Originally Posted by Code Breaker View Post
    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.

  11. #11
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    Default Re: Economic boom for 2021 and beyond.

    Quote Originally Posted by oldtimer28 View Post
    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

  12. #12
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    Default 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...

  13. #13
    The Pistol PistolPete's Avatar
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    Default 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.

  14. #14
    I hit open 5-foot jumpshots with ease
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    Default Re: Economic boom for 2021 and beyond.

    Quote Originally Posted by PistolPete View Post
    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.

  15. #15
    NBA Legend and Hall of Famer tpols's Avatar
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    Default Re: Economic boom for 2021 and beyond.

    Quote Originally Posted by MaxPlayer View Post
    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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