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It's a matter of Bidenomics!

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

  1. deb4rockets

    deb4rockets Member
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  2. deb4rockets

    deb4rockets Member
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  3. NewRoxFan

    NewRoxFan Member

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    Gee... lets blame Biden.

    $40.6M in restitutions on the way to Washingtonians from chicken, tuna price-fixing lawsuit
    https://komonews.com/news/local/was...s-40-million-ag-bob-ferguson-press-conference
     
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  4. adoo

    adoo Member

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    Bidenomics to the rescue !

    The Biden Admin has pledged $2 billion to help start laying track for this hi speed rail system from Calif's Apple Valley to Las Vegas.

    [​IMG]

    The $12 billion project led by Brightline West has been talked about for decades, and U.S. Sen. Jacky Rosen from Nevada told reporters that it now has all required right-of-way and environmental approvals, along with labor agreements, for work to start on some 218 miles along the 15 Freeway corridor.

    No date was announced for work to start. But Rosen said electric-powered trains could be carrying passengers by the time Los Angeles hosts the Summer Olympics in 2028.​
     
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  5. No Worries

    No Worries Member

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    Remember Lake Wobegon, where all the children are above average. So there is that.
     
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  6. NewRoxFan

    NewRoxFan Member

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  7. NewRoxFan

    NewRoxFan Member

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    More details on employment performance...


     
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  8. No Worries

    No Worries Member

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    Full employment? That sounds down right communist.
     
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  9. NewRoxFan

    NewRoxFan Member

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  10. rocketsjudoka

    rocketsjudoka Member

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    Liked for gratuitous Minnesota reference.
     
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  11. rocketsjudoka

    rocketsjudoka Member

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    Work has just exploded for me the last few weeks. Just this afternoon my business got two potentially new projects. We don’t have the staff to handle it and I’m hurriedly training someone who is wrapping up college next week.

    Also I just saw gas for $2.87 per gallon last night.
     
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  12. astros123

    astros123 Member
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    Sounds like the economy is doing well??? Hopefully people are happy ?

    I don't understand people's deranged view on the economy. I just don't get it
     
  13. No Worries

    No Worries Member

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    Are you tired of winning yet?
     
  14. rocketsjudoka

    rocketsjudoka Member

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    So tired.. So tired..
     
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  15. NewRoxFan

    NewRoxFan Member

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  16. Amiga

    Amiga Member

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    Reality: The labor market remains remarkably resilient.

    Perception: (At least a good segment of the population) it's soooo bad out there. Expect a dumpster of tweets from Commodore on how bad it is.


    [​IMG]

    Payroll employment increases by 199,000 in November; unemployment rate edges down to 3.7%

    Total nonfarm payroll employment increased by 199,000 in November, and the unemployment rate
    edged down to 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains
    occurred in health care and government. Employment also increased in manufacturing, reflecting
    the return of workers from a strike. Employment in retail trade declined.
     
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  17. NewRoxFan

    NewRoxFan Member

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  18. NewRoxFan

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    Wages increased...

     
  19. astros123

    astros123 Member
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    At some point in the future we will visit back this period and wonder how these low iq MAGA @Salvy brainwashed the public about the economy
     
  20. adoo

    adoo Member

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    on the heels of more thant 12 consecutive monthl of declining CPI data---as well as achieving the lowest unemplyment rate ever---there is more orroborating economic data indicating that
    the Fed nailed the soft landing.


     
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