Morgan Stanley Credits ‘Bidenomics’ for Economic Surge

Discussion in 'Politics' started by exGOPer, Jul 22, 2023.

  1. exGOPer

    exGOPer

    The United States economy surged in the third quarter as a strong job market and falling inflation gave consumers the confidence to spend freely on goods and services,” the New York Times reports.

    “Gross domestic product, the primary measure of economic output, grew at a 4.9 percent annualized rate from July through September, the Commerce Department reported Thursday. It was the strongest showing since late 2021, defying predictions of a slowdown prompted by the Federal Reserve’s interest rate increases.”

    “The acceleration was made possible in part by slowing inflation, which lifted purchasing power even as wage growth weakened, and a job market that has shown renewed vigor over the past three months.”
     
    #101     Oct 26, 2023
    Cuddles likes this.
  2. UsualName

    UsualName

    This “bad economy” is relentless.
     
    #102     Oct 26, 2023
  3. Tony Stark

    Tony Stark

    upload_2023-10-26_9-26-57.png
     
    #103     Oct 26, 2023
  4. Tony Stark

    Tony Stark

    For comparison purposes



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    #104     Oct 26, 2023



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    #105     Oct 26, 2023
    UsualName likes this.
  6. Tony Stark

    Tony Stark


    [​IMG]



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    #106     Oct 26, 2023
  7. And look what Trump did in 2020, he thought the country was one of his businesses and tried to bankrupt it.
     
    #107     Oct 26, 2023
  8. Tony Stark

    Tony Stark

    And Bidens overall and economic approval as well as favorbility ratings are as bad or worst than Trumps and Trump is beating Biden in aggregate polling.That should wake you up to the reality of how bad Biden is.
     
    #108     Oct 26, 2023
    Mercor likes this.
  9. Tony Stark

    Tony Stark


    The deficit is higher now than it was pre pandemic.No excuse for that,horrific job by Biden.
     
    #109     Oct 26, 2023
  10. Tony Stark

    Tony Stark

    upload_2023-10-26_11-26-35.png
     
    #110     Oct 26, 2023