Vice President Harris admits Bidenomics is working

J

Joe Capitalist

Racism is a disease
Americans continue to feel better about inflation and the economy

Updated 11:55 AM EDT July 28, 2023
Washington, DC

https://apple.news/AQhUcJsQuRPaQBhhS5PbyGQ

US consumers have been feeling a whole lot better this summer as inflation has continued to slow.

Consumer sentiment tracked by the University of Michigan rose 11% in July from the prior month, reaching its highest level since October 2021, according to a final reading of the month's data. That's a huge improvement from June 2022, when consumer sentiment fell to its lowest level on record and inflation reached a four-decade high of 9.1%.
Americans' expectations for inflation rates in the year ahead inched up to a 3.4% rate, "well below the high point of 5.4% from April 2022 but above the 2.3%-3.0% range seen in the two years prior to the pandemic," according to a release.
"Overall, the sharp rise in sentiment was largely attributable to the continued slowdown in inflation, along with stability in labor markets," said the University of Michigan's Director of Surveys, Joanne Hsu, in a release.

MAGA soils diapers.
 
Siegel also acknowledged his view of the Fed has shifted, after being a loud critic of its monetary policies and warning that high rates could overtighten the economy into a recession.
But the economy looks to have stayed resilient over the last year, despite the Fed's aggressive tightening. He*cited trends in commodity prices, housing prices, and money supply, which have stopped going down and are now stabilizing.*
"Those very high rates that scared me and the market earlier on in the year don't seem to be having as much of a negative effect as I had figured," he added. "And that combined with the fact that Powell now is saying, 'I'm going to look at both sides of the equation,' is very positive for the market."*
 
Russia and China are trying everything they can think of to fuck with our economy in hopes of creating enough dissatisfaction to get Trump back in office so they can roll him and manipulate him to their advantage.

Thankfully, Big Joe Biden is not going to just sit back and let that happen.
 
Nomad said:
Russia and China are trying everything they can think of to fuck with our economy in hopes of creating enough dissatisfaction to get Trump back in office so they can roll him and manipulate him to their advantage.

Thankfully, Big Joe Biden is not going to just sit back and let that happen.
Click to expand...

Speaks volumes that Russia and China consider US their adversary so of course they want Trump back in the White House.
 
Nomad said:
Russia and China are trying everything they can think of to fuck with our economy in hopes of creating enough dissatisfaction to get Trump back in office so they can roll him and manipulate him to their advantage.

Thankfully, Big Joe Biden is not going to just sit back and let that happen.
Click to expand...

Why would they want to fuck with our economy, they both have huge investments in America, especially China.
 
Tinkerpeach said:
Why would they want to fuck with our economy, they both have huge investments in America, especially China.
Click to expand...

As I said before... they want to create economic crisis in the US so voters will be more likely to reelect Trump, who they can then manipulate and lead around by the nose for their own advantage.
 
PostmodernProphet said:
in 2021 it was because Biden ended our independance from Russian and Saudi interference.......guess that's why them cutting production matters in 2023......
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The US is more energy independent than we've ever been in history.

Oil is a worldwide commodity and we sell as well as buy in that market.

Independent or not, what other oil producing countries do affects everyone.

Your weak attempts to hang it on Biden just won't stand up around here.
 
Nomad said:
The US is more energy independent than we've ever been in history.

Oil is a worldwide commodity and we sell as well as buy in that market.

Independent or not, what other oil producing countries do affects everyone.

Your weak attempts to hang it on Biden just won't stand up around here.
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the worthless shit pledged to bankrupt the fossil fuel industry and has succeeded in fucking up the entire world....you applaud......
 
Tinkerpeach said:
Why would they want to fuck with our economy, they both have huge investments in America, especially China.
Click to expand...

Because they both want to bring America down and they know Trump is the guy to do it.

They hate President Biden because he's been so successful turning the economy with Bidenomics.
 
Joe Capitalist said:
Because they both want to bring America down and they know Trump is the guy to do it.

They hate President Biden because he's been so successful turning the economy with Bidenomics.
Click to expand...

China has almost a trillion dollars invested into America, why would they ever think of destroying that?

Why do they want to bring America down in your opinion?
 
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