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It's a matter of Bidenomics!

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

  1. No Worries

    No Worries Contributing Member

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    Just might be 5 blue states in 2024?

    j/k

    You might very well heard quotes like ... "Bidenomics has opened a manufacture center in my town/city and half of my family are working there with high paying jobs, but I am voting for Trump since Biden is too woke."
     
    astros123 likes this.
  2. astros123

    astros123 Member

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    @London'sBurning claims that even if they keep voting for Trump giving money to red districts and expanding economic opportunities is a net plus long term. Who knows?
     
  3. Os Trigonum

    Os Trigonum Contributing Member
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  4. astros123

    astros123 Member

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    No Worries likes this.
  5. adoo

    adoo Member

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    astros123 likes this.
  6. adoo

    adoo Member

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    a more socially responsible company, Constellation Brands, the parent co of Modelo, has been eating Bud Light's lunch.

    with an increasing revenue stream, Constellation Brands has been on a hiring spree, thanks Biden
     
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  7. astros123

    astros123 Member

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    USA has gone woke
     
  8. adoo

    adoo Member

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    Sucessful POTUS have sage economic advisors; Lauchlin Bernard Currie for FDR, Laura D'Andrea for Bill Clinton, and so on.

    For President Biden, it has been Cecilia Elena Rouse,
    [​IMG] ,.

    a Harvard-educated economist, who has been the economic sounding board for Biden, laying down the tracks for Bidenomics.

    After 2+ years w the Biden administration, she was recently named as the President of the Brookings Institute.

    Jared Bernstein has succeeded Dr. Rouse as the chair of the United States Council of Economic Advisers.

     
    #288 adoo, Jul 28, 2023
    Last edited: Jul 28, 2023
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  9. AroundTheWorld

    AroundTheWorld Insufferable 98er
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  10. Rileydog

    Rileydog Contributing Member

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    oh no, that’s going to totally kill the economy.

    Your post volume is killing your post quality. You used to hold yourself out as better than the idiot trumpers here. It’s harder and harder to see the difference nowadays
     
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  11. Rileydog

    Rileydog Contributing Member

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    Yeah. All those damn jobs created under the Biden administration are clearly for the upper class only. Biden is totally screwing over the working class. I mean his puppet master is screwing over the working class.
     
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  12. Rileydog

    Rileydog Contributing Member

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    it must be hard for you to read all the positive economic news. It sure does make Biden’s puppet master seem like a genius. or wait, is this all really Trumps doing because Trump is actually president?

    General, please enlighten us with your explanation of why the economy is performing so well.
     
  13. astros123

    astros123 Member

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    You do know @AroundTheWorld is a disingenuous troll right ? I'm not sure how folks havnt caught on yet. Don't feed the troll




    They hate Merica winning
     
    #293 astros123, Jul 28, 2023
    Last edited: Jul 28, 2023
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  14. astros123

    astros123 Member

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    Wow. Doj will break up ticketmaster. Wow

    @Space Ghost government breaking up monopolies to help consumers is definition of good government and why libertarians are a joke
     
  15. Os Trigonum

    Os Trigonum Contributing Member
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  16. astros123

    astros123 Member

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  17. rocketsjudoka

    rocketsjudoka Contributing Member
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    There was a clause in the infrastructure and CHIPS bill that said "all new domestic manufacturing jobs had to go for gay, lesbian, or transgendered people. People who are either Bi sexual or gender fluid would be hired at the discretion of the National Labor Relations Board."
    ;):p
     
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  18. adoo

    adoo Member

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  19. astros123

    astros123 Member

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  20. adoo

    adoo Member

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    just so that you understand
    • Government spending refers to fiscal policies, spending bills passed by the Congress, which are separate and distinct from monetary policies
      • their impact on the money supply in circulation is negligible
      • eg of fiscal policies include tax rate changes, infrastucture bills, tax rebates, Gov bail outs, and others
      • the Fed has nothing to do w fiscal policies..
    • when discussing the US economy, "tool box" refers to the monetary policies implemented by the Fed. They are not fiscal policies.
      • these monetary tools, when implemented, have a direct / immediate impact the the money supply in circulation.
      • eg of monetary policies include raising or cutting the discount rate, buying marketable securities to expand money supply in circulation, selling marketable securities to contract money supply in circulation
      • Congress and the white house have nothing to do with monetary policies
        • Fed will testify on the its “Semiannual Monetary Policy Report to the Congress.” The Federal Reserve is mandated to present reports to Congress twice a year.


    hope this helps you to realize how ill-informed that phrase "a toolbox of even deeper Govt spending " is.
     
    #300 adoo, Jul 28, 2023
    Last edited: Jul 28, 2023

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