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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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    What does the stock market "feel like"?
     
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  2. astros123

    astros123 Member

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    Passenger rail in America is seeing the largest expansion in American history. I'm sure right wingers who love rail @basso @Os Trigonum will give Biden the credit right.....?
     
  3. NewRoxFan

    NewRoxFan Member

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  4. adoo

    adoo Member

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    on the heels of witnessing Biden economic team
    • disproving what was once a generally-accepted economic truth, that low unemployment leads to inflation and
    • guiding a soft landing, in a Sullenberger-esque manner,

    the prospect of witnessing Biden kicking Trump's azz again, only by a wider maginin 2024 propelled the S&P 500 to an all-time high last Friday
    today, Dow rises more than 100 points to close above 38,000 for the first time ever


    The S&P 500 Index tracks the stock performance of 500 of the largest companies listed on stock exchanges in the United States;
    the DOW tracks the largest 30 companies​
     
    #1344 adoo, Jan 22, 2024
    Last edited: Jan 22, 2024
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  5. astros123

    astros123 Member

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    Could you imagine if trump was the president right now? We'd be hearing non stop from his MAGA followers how amazing the economy is right now.

    Inflation fading, stocks all time high, mortgage rates falling, unemployment near record low, factory construction at record high, onshoring jobs from China at fast pace.
     
    #1345 astros123, Jan 22, 2024
    Last edited: Jan 24, 2024
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  6. astros123

    astros123 Member

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    @Space Ghost ACA sign-ups up 25% y/y excluding medicaid expansion.

    More folks have insurance today than ever before
     
  7. adoo

    adoo Member

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  8. NewRoxFan

    NewRoxFan Member

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  9. NewRoxFan

    NewRoxFan Member

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  10. NewRoxFan

    NewRoxFan Member

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  11. NewRoxFan

    NewRoxFan Member

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  12. NewRoxFan

    NewRoxFan Member

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    The U.S. economy grew at blistering 3.3% pace in Q4 while inflation pulled back
    KEY POINTS
    • GDP, a measure of all the goods and services produced, increased at a 3.3% annualized rate in the fourth quarter of 2023. Wall Street had been looking for a 2% gain.
    • The U.S. economy for all of 2023 accelerated at a 2.5% annualized pace, well ahead of the Wall Street outlook at the beginning of the year for few if any gains and better than the 1.9% increase in 2022.
    • A strong pace of consumer spending helped drive the expansion, as did government spending.
    • There also was progress on inflation. Core prices for personal consumption expenditures rose 2% for the period, while the headline rate was 1.7%.
    https://www.cnbc.com/2024/01/25/gdp...point3percent-pace-in-the-fourth-quarter.html
     
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  13. astros123

    astros123 Member

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    USA economy is growing quicker than china's but MAGA @LosPollosHermanos are still brainwashed about their cult leader somehow having best economy.

    These folks can never explain how trump was better in regards to anything other than handing out a 2 trillion tax cut for Wall Street and deregulating banks
     
    #1353 astros123, Jan 25, 2024
    Last edited: Jan 25, 2024
  14. LosPollosHermanos

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    Do you enjoy fabricating/drama?
     
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  15. JuanValdez

    JuanValdez Member

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    Batteries in ERCOT have basically taken over frequency control. They're great and we need to keep installing. But no, they did not avert a blackout. The storm wasn't as bad as Uri was and we had enough generation to cover without calling on demand response.
     
  16. ROCKSS

    ROCKSS Member
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    This is what pisses me off about the Dems, they never go out and toot their own horn, the surrogates should be out in force shouting this from the rooftop, you have to counter the lies the gop throw out daily.......hell, hourly most days. And I would be hammering the gop for taking there cue from trump on the border negotiations. Its ok to brag a little, the country hears everyday about how they're not getting the same buck as they did 4 years ago, in some cases its corporate greed. You heard during the iowa causcus all the blue hairs parroting fox about how you just cant make it these days and trump will save them
     
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  17. astros123

    astros123 Member

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    17% of the generation that Monday came from solar.... if we texas hadn't expanded solar and weatherization their wind turbines we wouldn't have had electricity
     
  18. NewRoxFan

    NewRoxFan Member

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  19. astros123

    astros123 Member

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    One of the strongest growth years of the decade and we has folks in this thread literally telling people the economy was going to collapse cuz of our debt. It's sincerely unreal how some people can be so utterly wrong. @Invisible Fan will these people have any self reflection? I doubt it. Sad

     
  20. JuanValdez

    JuanValdez Member

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    o_O That's not batteries.
     
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