The Banker
Diamond Member
- Banned
- #1
Joe Biden has a significantly better economy than Trump or Bush because the results prove this.
When is a republican going to have an economy this good???
The results are undeniable now.
-Inflation has plummeted and is at the FED target. it has consistently came in at 0.1-0.3% MoM for the past many months.
-GDP is mega booming coming in at 4.9% last quarter and on pace for 3+% this year, better than anything Trump could ever do.
-Interest rates are set to be lowered because inflation has plumetted. Trump's economy was addicted to 0% rates and crashed in 2018 when they tried to raise them to a little 2%.
-Trump borrowed $trillions before and after covid, exploding the deficit before covid, and handing out $trillions to everybody all throughout his presidency. Trump had world record deficits, with world record FED balance sheet expansion, and world record fake money handouts to everybody causing the inflation we had in 2022. Biden has fixed ALL of that.
-Unemployment is at record lows and the jobs market is extremely good and strong. Jobs for all because of Biden's booming economy.
-Corporate earnings have been very good and very strong.
Bill Clinton was a great president with an incredible economy. Joe "Bill Clinton 2.0" Biden has a great economy that could be set to BOOM even more when the FED cuts rates early next year.
This could be the beginning of another Bill Clinton Golden Age, and there are a lot of similarities to 1995.
When is a republican going to have an economy this good???
The results are undeniable now.
-Inflation has plummeted and is at the FED target. it has consistently came in at 0.1-0.3% MoM for the past many months.
-GDP is mega booming coming in at 4.9% last quarter and on pace for 3+% this year, better than anything Trump could ever do.
-Interest rates are set to be lowered because inflation has plumetted. Trump's economy was addicted to 0% rates and crashed in 2018 when they tried to raise them to a little 2%.
-Trump borrowed $trillions before and after covid, exploding the deficit before covid, and handing out $trillions to everybody all throughout his presidency. Trump had world record deficits, with world record FED balance sheet expansion, and world record fake money handouts to everybody causing the inflation we had in 2022. Biden has fixed ALL of that.
-Unemployment is at record lows and the jobs market is extremely good and strong. Jobs for all because of Biden's booming economy.
-Corporate earnings have been very good and very strong.
Bill Clinton was a great president with an incredible economy. Joe "Bill Clinton 2.0" Biden has a great economy that could be set to BOOM even more when the FED cuts rates early next year.
This could be the beginning of another Bill Clinton Golden Age, and there are a lot of similarities to 1995.
The U.S. economy is doing even better than the government thought
U.S. consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported.
www.cbsnews.com
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