Biden’s grade on the economy rises to A-

[Synthaholic]

If you don’t care about the poor.
US poverty rate jumped in 2022, child poverty more than doubled: Census

Oh, you want to go there?







Joe Manchin and Kristen Sinema didn't sink the policy by themselves - ALL Republicans voted against it!


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[Blisterfinger]

 

[themirrorthief]

View attachment 829084

biden has greatly increased the sale of adult diapers, oatmeal, and preparation h

 

[gipper]

Oh, you want to go there?







Joe Manchin and Kristen Sinema didn't sink the policy by themselves - ALL Republicans voted against it!


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Lol. Too funny. Do you come to this forum new everyday or is it you’re stuck in uniparty binary thinking?

The Rs are exactly like your beloved Ds but you can’t see it, though it’s the elephant in the room.

 

[Synthaholic]

Lol. Too funny. Do you come to this forum new everyday or is it you’re stuck in uniparty binary thinking?

The Rs are exactly like your beloved Ds but you can’t see it, though it’s the elephant in the room.

Republicans are the reason for the rise in child policy, as I have just proven.

 

[Toddsterpatriot]

Republicans are the reason for the rise in child policy, as I have just proven.

Biden couldn't fix it with his awesome economic leadership?

Not to mention 3 years of falling real wages. Go JOE!!!

 

[gipper]

Republicans are the reason for the rise in child policy, as I have just proven.

Doubt that. Both parties are the same, so both are responsible.

 

[Ringo]

"The U.S. Federal Reserve's losses have surpassed the $100 billion mark.

The U.S. central bank continues to pay more in interest expenses than it receives from the interest it earns on the bonds it owns and the services it provides to the financial sector"\.
"William English, a former top Fed official, expects "peak" losses of about $200 billion by 2025. Derek Tan of the forecasting firm LH Meyer said losses are likely to be between $150 billion and $200 billion by next year."

 

[Toddsterpatriot]

"The U.S. Federal Reserve's losses have surpassed the $100 billion mark.

The U.S. central bank continues to pay more in interest expenses than it receives from the interest it earns on the bonds it owns and the services it provides to the financial sector"\.
"William English, a former top Fed official, expects "peak" losses of about $200 billion by 2025. Derek Tan of the forecasting firm LH Meyer said losses are likely to be between $150 billion and $200 billion by next year."

So what?

 

[HikerGuy83]

Many people are saying this is the most beautiful economy they've ever seen. If this wasn't Biden's economy he'd probably be dating it. Biden is the only one who can fix things.


Biden’s grade on the economy rises to A-

President Biden has an enviable problem: The economy under his watch is doing a lot better than voters give him credit for.

In the latest update of the Yahoo Finance Bidenomics Report Card, Biden’s grade on the economy rose from B+ to A-. This isn’t our opinion. It’s what the numbers tell us. We developed this methodology at the beginning of the Trump administration, with the help of Moody’s Analytics, and we’ve kept it in place for Biden. We determine each president’s grade by tracking six economic indicators back to the 1970s and rating how the current president compares with the prior seven at the same point in their first terms, going back to Jimmy Carter. (Here’s our full methodology.)

Of the eight presidents, Biden gets the highest marks for the total number of new jobs created since he took office, and also for real GDP growth per capita. Biden also gets top marks for the increase in exports during his presidency, although that data only goes back to 1993, so he’s the best of five presidents.

Biden gets second-best marks for the number of new manufacturing jobs, and for gains in the S&P 500 stock index. His only sub-par number is on average hourly earnings, where he ranks second-last.

More at the link.


View attachment 599123

Biden’s grade on the economy rises to A-

If not for inflation and Covid, Americans would feel like a boom is on.

finance.yahoo.com

Every time I see this I have to ROTFLMAO.

 

[Ringo]

 

[Synthaholic]

While you were robbed blind at the pump this year (and GOP blamed Biden), Exxon made:

• $55,700,000,000 in profits.
• Over $1 billion per week.
• $152,600,000 per day.
• $1,766.24 per second.

 

[Blisterfinger]

While you were robbed blind at the pump this year (and GOP blamed Biden), Exxon made:

• $55,700,000,000 in profits.
• Over $1 billion per week.
• $152,600,000 per day.
• $1,766.24 per second.

While you were sleeping Biden got a $200,000 check for his nefarious business deals with his brother

 

[Synthaholic]

While you were sleeping Biden got a $200,000 check for his nefarious business deals with his brother

That's nice. In 2018, when he was a private citizen?

 

[Blisterfinger]

That's nice. In 2018, when he was a private citizen?

For a business deal that he had made when he was in office!

 

[Toddsterpatriot]

While you were robbed blind at the pump this year (and GOP blamed Biden), Exxon made:

• $55,700,000,000 in profits.
• Over $1 billion per week.
• $152,600,000 per day.
• $1,766.24 per second.

Unlike Biden, Exxon is actually useful.

 

[leftwinger]

Right. THANKS to Obiden. The GOVT gets rich and we all lose out.

 

[Synthaholic]

For a business deal that he had made when he was in office!

View attachment 847167

The loan was made in January and paid back two months later, dumbfuck.

 

[Blisterfinger]

The loan was made in January and paid back two months later, dumbfuck.

Do you have proof that that was pay back from a loan? Evidence?

 

[Synthaholic]

BOOM!

U.S. economy grows at blockbuster pace in third quarter​

GDP grew at an annual rate of 4.9 percent from July to September, the highest reading since 2021​

The U.S. economy grew by an annualized rate of 4.9 percent in the third quarter, the strongest pace since 2021, as spending — by families, businesses and the government — accelerated, even in the face of fast-rising borrowing costs.

Get a curated selection of 10 of our best stories in your inbox every weekend.
New government data released Thursday by the Bureau of Economic Analysis shows that gross domestic product expanded between July and September, capping five straight quarters of growth and eluding a long-feared recession.

The economy’s resilience is a product of a strong job market and extra pandemic savings, which have made it possible for people to keep spending despite inflation and rising interest rates. Robust government hiring — including 214,000 new jobs between July and September — also added to overall strength.

What’s particularly remarkable is that the economy grew so strongly amid the highest interest rates in more than 15 years, as the Federal Reserve tries to cool the economy down to curb inflation.