once again, you're confused and mixed up. you are referring to the Bloomberg article about the CBO projection of deficits what aspect of the CBO data did the article conveniently ignore? it conveniently ignores the recent trend, since 2020, of the difference between CBO projection of primary deficits and actual deficit; specifically 1) Long-term projections of the primary deficit fell every single year of the Biden administration 2) They fell SO much that long-term projections of debt are lower now than PRE-covid projections, even though we took on trillions of new debt THIS TREND IS MOST IMPRESSSIVE, EVEN TO THE so-called DEFFICIT HAWKS, when you factor in the trillion $ fiscal spending approved during the Biden presidency so far. IRA (inflation reductin act) CHIP Act, $280 billion INFRASTRUCTURE BILL, $300 billion student loan forgivness etc. Invisible habitally parrots articles that criticiizes deficits; yet he presents this half-azzed article that cherry picks CBO data---intentionally ignoring the recent trend of forecast vs actual---as gospel. yet another eg of willful ignorance!
This reminds me of all the Biden nuthuggers who, like the Bitcoiners, believes nUmBeR gO uP is a good thing
You bring nothing to any discussion. All you do is pop up and claim biden sucks without any facts or data cuz you're a loser. I can't believe I ever thought you were a serious poster. You're a troll and an awful one.
No its cuz you dipshit morons who have no idea how to analyze data always pretend you're the smartest when in reality you're nothing more than a dipshit Part time jobs are broken into two separate categories. One is those folks who working part time jobs cuz they can't find full time work and the other is those folks who want to work part time cuz they're financially okay The number of folks working part time cuz they can't find full time work is near record lows. No surprise that you're a dipshit pretending you're smart. Always the dumbest morons pandering as intelligent
Do you even read the bullshit you post or do you even know how to read? You posted the "biggest fall in full time employment" "biggest increase in part time relative to full time" when in reality average hourly work week is up from pre pandemic levels and the folks working part time wsnt to work part time. They're not interested in full time work The same losers who swore the economy was going tank in 2023 think they're experts now. Same Ole dipshits pandering to be intelligent
I read it and it confirmed my bias how big of a illiterate dipshit you truly are. Longest period of retail stagnation? Retail sales grew at a faster pace than inflation last year than they grew during trumps era You don't even try being intelligent no more. You just repeat any negativity you find on Twitter thinking you're somehow intelligent. Youre such a utter moron https://www.statista.com/statistics...ercentage-of-change-in-total-retail-sales-us/
@Reeko this post perfectly illustrates my point. The reason folks think the national economy is **** and their personal finances are amazing is dipshit losers like @Space Ghost @Commodore post nothing but disinformation everywhere. The right has an entire ecosystem based upon lies and conspiracies. They have a well oiled machine on disinformation and conspiracies while folks on the left think good policy will win them over. Go ask a normie person what they think unemployment is and they'll say 6%+. These morons are the absolute worst humans on earth.
^ Trump’s balls won’t lick themselves, get back to spewing propaganda or your average shitty takes so I can at least get a chuckle out of it.
on 7 Feb 2024, CBO issued its projection,The Budget and Economic Outlook: 2024 to 2034 This article was published on the same day with this headline, to which Invisible has presented as gospel,
Contrarian indicator that points to the effectiveness of Bidenomics The biggest beneficiaries of the Trump tax cut, rushed to passage in 2017, have been the top 1% earners; they include hedge fund managers, RE developers, and investors such as multi-billionaire, Nelson Peltz of Trian Partners. The Trump tax cut has eliminated the AMT, Alternative Minimum Tax, which, effectively, shifts much of the billionaires' tax burden onto the middle class. On the day after the 6 Jan 2020 insurrection, multi-billionaire Peltz appeared on TV condemning Trump’s incitement of the 6 Jan rioters, and apologized for voting for Trump then came Bidenomics, with its trillion $ fiscal spending, along w impressive job growth every month for the last 3 years, augmented by declining core CPI. as pointed out by the recent CBO projection, despite the large fiscal spending, deficits will be smaller in 2024. thereafter, future deficits would be smaller should the Trump tax cut end.. there are indications that if re-elected, Biden will not renew Trump's tax cut, which is effective thru 2025. Trump Panders to Billionaires Vows to Keep Their Taxes Low During Fundraiser alarmed by the godilock business / economic metrics resulting from Bidenomic policies, Conservative Billionaires---including Nelson Peltz---- Are Coming Back to Back Trump over Biden's tax agenda, if approved, will GREATLY reduce their fortunes.
btw, Peltz has also been trying to win brownies points with diet Trump, on an anti-woke campaign, by trying to win a seat on Disney's BOD; the DiSantis azz-licker failed Disney Shareholders Officially Reject Nelson Peltz’s Board Bid in Big Win for CEO Bob Iger
The US plans to award Taiwan Semiconductor Manufacturing Co. $6.6 billion in grants and $5 billion in loans to help the world’s top chipmaker build factories in Arizona, expanding President Joe Biden’s effort to boost domestic production of critical technology. The investment is backed by the CHIPS Act grant TSMC mfg facility in North Phoenix, AZ imho, this delicate move aims to appease NVDA and AMD, the world's best AI chip maker and the distant second, US-based Corporations while NVDA / AMD design the AI chips, TSMC is the foundry that actually mfg the chips for them About 70% of TSMC's customers are U.S. companies that have made it clear they would like to buy chips produced in the U.S; Apple, Qualcomm, AMD and Nvidia are among TSMC's customers. AZ's state flag needs to be updated to include silicons
on its part, the Taiwan-based TSMC has promised to build a 3rd mfg plant in AZ; In total TSMC has committed to invest ~~$40 billion in AZ. https://www.fox10phoenix.com/news/b...-tsmc-3rd-microchip-plant-planned-for-phoenix
According to the piece of garbage troll @Space Ghost all of bidens policies are a failure. Garbage human being
