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It's a matter of Bidenomics!

Discussion in 'BBS Hangout: Debate & Discussion' started by adoo, Jun 28, 2023.

  1. astros123

    astros123 Member

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    How do you not respect the **** out of her? Less than a decade ago she was in school. In 2016 she was writing papers on how amazon needed to be broken up and now shortly after she actually is in power to break up the largest ecommerce company in the world.

    How do you not love american democracy at the end of the day? What other country would allow some 30 year old to become the most powerful regulator in the world? Its a beautiful hollywood scripted story.
     
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  2. adoo

    adoo Member

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    what does a middle out / bottom up economy looks like ?







     
  3. adoo

    adoo Member

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    astros123 likes this.
  4. Astrodome

    Astrodome Member

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    Everyone is glad the jobs came back after the pandemic. I guess he can take credit for "creating" these jobs.
     
  5. adoo

    adoo Member

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  6. astros123

    astros123 Member

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    How does it feel being a troll?
     
  7. dmoneybangbang

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    I get the marketing ploy of "creating more jobs than any 4 year admin...." but I feel like it will ring hollow with the pandemic being a factor on folks mind. He does need to tout his job growth and supply chain investments, but he needs to remind Americans that the previous, business friendly, private led policy outsourced supply chains and manufacturing. He needs to speak about resilience.

    Feels like the market is a bit ahead of itself but a soft landing is becoming pretty likely.
     
  8. astros123

    astros123 Member

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    These are all new jobs bcz of Biden's inflation reduction act. These aren't jobs "coming back" troll @Astrodome
     
  9. adoo

    adoo Member

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    this cut n paste job on July 13, 2022, post #1115, has been proven wrong


    a concise summary by Fortune on Powell's soft landing, thanks to Bidenomics

     
  10. Invisible Fan

    Invisible Fan Member

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    This year's recovery has been pleasant surprise, but we're not in the clear until the yield curve uninverts and nothing happens.

    Very odd to declare victory when inflation is still above 2% despite all the cheerleading and pleadings....still in transition(?), and price levels will not revert back to what they were... not the Transitory experts are talking about, Main Street!

    Energy and food have proven to be volatile with bad harvests, war, and supply chain disruptions. Maybe it's fair game to take that out and focus on service sector wages. It seems like unions are threatening strikes every other week and winning every other month. Is that inflationary or deflationary? But at least we avoided inflation by averting the UPS strike!!!

    With yet another rate hike and loans starting to cycle away from historical low rates, there are more curve balls for Fed and Biden to resolve.
     
  11. adoo

    adoo Member

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    no one has; if you think otherwise, name them.



    it is like saying the sun will alway come up.



    Economics is very dynamic in nature, not static at all.
     
  12. adoo

    adoo Member

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    A new solar cell factory in Colorado is more evidence that the Bidenomics chickens are coming home to roost.​



    In the crazy mixed up world of Bidenomics, clean power is a job-creating dynamo that has touched off a long-delayed US manufacturing boom of historic proportions from coast to coast.

    [​IMG]


     
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  13. Xopher

    Xopher Member

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  14. Xopher

    Xopher Member

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    The GOP: People are starting businesses because they can't find real jobs!!!
    They would start the fires and burn it all down themselves to "own the libs" . That is all they care about.
     
  15. adoo

    adoo Member

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    this false narrative is not in sync w
    • the lowest unemployment rate in history
      • even, after the great resignation during the pandemic where
        • ~~ 50 millions jobs were lost; most of which have not been refilled.
     
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  16. Amiga

    Amiga Member

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    It’s just a graph :) Technical graphs are great until they break.

    The inverted curve is driven by investors’ sentiment (wisdom of the crowd or herd thinking) of lookout. They tend to be right, and it’s a reliable predictor of a pending recession, but… So far, it’s been wrong, and I would add that the complexity and fast movement of a transitional economy with huge investments and a once-in-a-lifetime pandemic mean we might not want to rely so much on previous data points.
     
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  17. astros123

    astros123 Member

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  18. astros123

    astros123 Member

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    It's so weird how so many left leaning posters credit powell for the economic recovery and not biden



    Powell is a **** sucker who's been hell bent on destroying the economy cuz the labor market is top strong. He deserves zero credit
     
  19. NewRoxFan

    NewRoxFan Member

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  20. Invisible Fan

    Invisible Fan Member

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    **** typically starts breaking (~3-6 months) when it uninverts. One could argue the period of inversion hints severity of the recession. I would totally rather have a soft landing than a rocky landing where given today's excess spending would resort to a "toolbox" of even deeper government spending plus cratered tax receipts (Obama's dilemma).

    Then again, you have Powell blowhards who think holding 8.5T in assets is a success because we essentially create the rules for when to pay it off. The Fed doesn't need to pay off negative balances year by year, though they were quick to note the Treasury gained ~100B in 2021 remittances for their budget that the Fed earned during a lower rate environment.

    Fed is now on track to lose ~100B for this year. We can do that because we own the system. Other CBs wouldn't dare to charge deferred assets on the promise of paying back on the future.
     

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