The Biden Economy

[Chicks]

Thank America’s immigrants for killing the recession and keeping unemployment at 50-year lows, Nobel laureate Paul Krugman says
https://fortune.com/2024/02/06/immig...l-krugman/amp/

Facts, MAGAMorons, will always trump the lies you’re being fed.

[BigElCat]

And if you want to eat food, anywhere in the world, you take the mark of the beast by 01/01/2025.

https://www.youtube.com/watch?v=jsB8eY0nMLI

[BigElCat]

One can disregard my biblical slant. It's a valid argument to say that I filter 'things' to fit my own 'narrative', my on world view. I can't refute that.

But the threat is real.

https://www.youtube.com/watch?v=prsWw4q8XOM

When it happens, I can't say that I will believe it's the Chinese doing it. I'll have no proof otherwise, but I will be skeptical. I hope it won't become a crime to express my skepticism.

[Chicks]

S&P 500, Nasdaq hit fresh records to cap best February in nearly a decade
https://finance.yahoo.com/news/stock...210419760.html

But wait... It's the Repubes who handle the economy better, right? :rolleyes :

[Chicks]

Immigrants are driving a surprisingly strong US economy, and it hasn't come at the expense of American workers, Nobel laureate Paul Krugman says
https://www.businessinsider.com/immi...man-2024-3?amp

Immigrants are helping to prop up a strong US economy, Nobel economist Paul Krugman wrote in a New York Times op-ed.

He argues that their positive labor-market impact hasn't come at the expense of American workers.

"Are immigrants taking jobs away from native-born Americans? No," Krugman wrote.



Sorry to burst your idiotic bubble, MAGAMorons. Your Dear Leader has been lying to you about this, and everything else, for years.

[Chicks]

S&P 500's latest record closes out best first quarter since 2019
https://finance.yahoo.com/news/stock...163301770.html

What largely started as a megacap-driven rally has shown signs of broadening. Wall Street firms almost can't keep pace with the S&P's surge and have continued to move up their year-end price targets. And history suggests the momentum could continue.

A final reading on fourth-quarter GDP released on Thursday morning showed the US economy grew at a rate of 3.4% versus a prior estimate of 3.2%. On the employment front, initial jobless claims for last week came in at 210,000, versus estimates for 212,000.

Thanks, Joe!

[Chicks]

The Biden stock market is swamping Trump’s
https://finance.yahoo.com/news/the-b...182858118.html

You probably shouldn’t take investing advice from Donald Trump.

In 2020, Trump famously predicted that “the stock market will crash” if Joe Biden became president. Biden did, and equity investors have since turned a handsome profit.

Since Biden took office, the S&P 500 stock index has risen a healthy 40%, capped by a five-month rally that kicked off last October and is still underway. At the same point in Trump’s presidential term, the S&P was up just 13%.

Sorry, MAGAMorons!

Oh, and here's a hot tip for MAGAts: Don't waste money buying DJT stock. It'll be worthless soon...

[Chicks]

US Economy Performs Far Better Under Democrats Than Republicans: Study
Democrats have handled the economy better than Republicans since at least 1949.
https://www.commondreams.org/news/us...tter-democrats

Everything is better under Dems.

[RickeyM]

Originally Posted by Chicks

S&P 500's latest record closes out best first quarter since 2019
https://finance.yahoo.com/news/stock...163301770.html



Thanks, Joe!

[Chicks]

U.S. added 303,000 jobs in March, surging past economic forecasts
https://www.cbsnews.com/news/jobs-report-march-2024/

So, MAGAts, was Donny lying to you when he assured you the economy would be a disaster under Biden? Or have you conveniently forgotten his lies?