The US economy is literally on drugs. There's nothing stopping it and it's on fire. With China collapsing soon I truly think the usa is about to become the single global superpower and no country is even close. Ignore the low iq trolls @Invisible Fan who have been wrong every step of the way
for your education. during QT, you had been parroting the false narrative "the Fed is wreaking its balance" ; the criticism did not address the inflation rate nor employment, but on the balance sheet, which is not part of the Federal Reserve's charter. but since that ill-informed false narrative addressed the Fed's balance sheet; let's go there. During QE, the assets on the Fed's balance sheet increased immensely, During QT, the assets on the Fed's balance sheet decreased immensely you are welcome.
You're better at keeping my receipts than my girlfriend. I asked you to prove where I said that and you didn't. Like a good nut hugging propagandist, all you can do is deflect and attack the messenger. The voters aren't buying Bidenomics!. Better pray and shout down for all of us for his polling to improve in September.
You can't argue with actual facts so now you're falling back on bs polling LOL. Jesus man you've lost the effin plot. You predicted a massive recession while we're seeing record gdp growth we havnt seen in decades and your only response is but but the polls! LOL Donkeys everywhere
You know it kills them to report anything good in Amercia under Bidens watch......................it`s as if they are not happy for America when things go well
Things are bad because of greed up top and interest rates. I can't believe ya'll arguing over the cooked numbers...that's wild. You know what, I think he likes you...
Right now polls appear very mixed but there are signs that things are improving politically for Biden. Even though I was having a debate with @astros123 he is correct that things like Job satisfaction and consumer confidence are very good. It takes time for those to translate to polling numbers for candidates especially when the other side is going non stop negative. This might not be the best economy ever but objectively through measures of stock market, GDP, unemployment it is a very good economy.
add to it , in view of these developments---adding inflationary pressures---it doesn't appear that the Fed will cut the discount rate anytime soon
It literally blows my mind that folks still are brainwashed to think trumps economy was somehow better @LosPollosHermanos . Trump never produced more jobs or better gdp than whats happening under biden. Trump took over a good economy and did nothing other than a huge tax cut
*every* single sector has recovered from covid in the country. @rocketsjudoka greatest jobs market in US history by far
Classic projection by Trump. The Fed is an independent agency. Trump didn’t respect that independence; he wanted the Fed to prioritize political gains for himself rather than doing what they believed was best for the country. During his presidency, he referred to the Fed as ‘boneheads’ and advocated for pushing interest rates below zero percent, a move that could create a financial crisis.
