#Bidenomics

Lazarou Monkey Terror 🚀💙🌈Lazarou
2025-05-12

Well, it worked out so well for the Democrats, didn't it?

These are not serious people, and Rachel Reeves is more unserious than most. Utter clown....

Rachel Reeves is on hand to help. On a trip to Washington in May 2023, she
made a speech setting out a British version of Bidenomics, echoing the
former US president's language on economic nationalism.

In Biden's first 100 days, he facilitated 200 million vaccination shots. By April 2024 COVID cases were on the decline in over half of U.S. states
The American Rescue Plan in under 100 days, the most significant piece of legislation to benefit working families in the modern history of this country, 
American Rescue Plan provided $1,400 stimulus checks (for low income), extra unemployment assistance & delivered $39 billion to states for childcare providers & unemployment hit a low
#bidenomics

der.hanslufthans
2025-04-26

@estherschindler "Economists have noted that a long stretch of low unemployment and rising incomes have helped Americans keep shopping."

4 years of improvement tossed out the window like an unwanted KGB agent

worked, building up the economy, reducing unemployment, increasing wages, reducing debt

But Republicans just can't resist tanking the economy again. It's their hobby

2025-04-19

Trump’s economic approval just hit the lowest point of his presidency. A majority of Americans say he’s not even trying to lower prices—just pushing tariffs that raise costs. MAGA’s “business genius” is sinking the economy. #TrumpWatch #Resist #Bidenomics www.cnbc.com/2025/04/19/t...

Trump's approval rating on the...

Robert HStinson_108
2025-04-15

@drrjv

were conservative, in the sense of "do no harm."

The will be (a) punishing and (b) self-inflicted. Small are effective. These, insane.

Nathaniel GregoryFaithslayer202
2025-04-05

If people remember the things you didn't deliver on and forget the things you did, it's probably because the things you didn't deliver ( , , ) were important, and the things you delivered were forgettable.

Biden thinking his second term would be a given. God America is such a special country.
2025-04-04

"We've taken a step back & we're watching to see what the policies turn out to be & the ways in which they will affect the #economy. Then we'll be able to act. Fortunately, our policy stance is in a good place for us to do that." thanks to #Biden / #Bidenomics]

#TheFed, he added is in the same place as everyone else, awaiting clarity on policies.
[again, cuz shit is crazy]

#ETTTTS #Trump #tariffs #inflation #recession #geopolitics #USpol

Can economic data really shape public perception? Paul Krugman and Jared Bernstein delve into how the Biden administration's economic policies are viewed amidst contrasting sentiments about Trump's strategies. They analyze how entrenched memories and social media influence negative public sentiment despite strong GDP growth. The discussion covers inflation narratives, supply chain issues, and the effectiveness of Trump's tariffs. For a deeper understanding, read the full article here: [Source](paulkrugman.substack.com/p/fro) #Economics #Inflation #Bidenomics #Trumponomics #PublicPerception

Gina Intheburg 🇺🇦 🌻 🥥🌴ginaintheburg@mastodon.world
2025-03-19

#Dow rallies 500+pts with an assist from the Fed:

Stocks rallied on Wednesday as the Federal Reserve forecast it would still cut interest rates two times in 2025.

But Christine Romans reports Jerome Powell also remarked several times on the "remarkable unpredictability" of #Trumponomics.

Also says soft data's still falling apart (eg, consumer confidence) even as hard data's still benefiting from #Bidenomics.

cnbc.com/2025/03/18/stock-mark

Baron SamTheBaron7
2025-03-17

Market Fear Over Yet? More Squeaky Bum Time or Time to Buy the Dip?

dailysquib.co.uk/world/60899-m

       

2025-03-13

The world’s most widely followed #StockMarket benchmark slid into a correction on Thurs, a drop that underscores how the 2-yr-long bull market [#Bidenomics] is running out of steam in the early days of the #Trump admin.

The move stems from investors’ growing pessimism about the whipsawing policy pronouncements from Trump over the past few weeks. On-again, off-again #tariffs & #MassLayoffs of #FederalWorkers have fomented unease on #WallStreet.

#economy #Trumpcession
nytimes.com/2025/03/13/busines

YES, Dan get more disgusted!WastelandWandrr@freeradical.zone
2025-03-12

Can't Say #trumpadministration is not effective: Erasing 4 trillions of the #Bidenomics sure is effective!
And it's only starting!

Y'all didn't like #Bidenomics enough to support Democrats. How do y'all like #Maganomics ?

RE: https://bsky.app/profile/did:plc:4llrhdclvdlmmynkwsmg5tdc/post/3ljs4sxim3a2y

Jeff Jarvisjeffjarvis
2025-03-06

Let's all brand it: and -- as we long for the successful .
Hopes of US golden age fade as investors start to worry about ‘Trumpcession’ risk
theguardian.com/us-news/2025/m

Jeff (Gutenberg Parenthesis) Jarvisjeffjarvis.bsky.social@bsky.brid.gy
2025-03-06

Let's all brand it: #Trumpcession and #Trumpflation -- as we long for the successful #Bidenomics. Hopes of US golden age fade as investors start to worry about ‘Trumpcession’ risk www.theguardian.com/us-news/2025...

Hopes of US golden age fade as...

2025-02-19

while telling everyone & getting all the big papers to print articles saying how evil work from home is and how lazy all those slobs are who want to do that are, coproworld has been hiring workers overseas to work from home at a 10% savings. this report shows how hiring has been going like gangbusters all while they keep saying they are gonna bring all the jerbs home #Bidenomics meet #MAGAnomics
reveliolabs.com/news/business/

* US-based employers expanded employment abroad faster than domestically for the past 7 years. This is particularly pronounced among Tech and Consulting firms.

* Highly remote-suitable roles have grown 42% faster outside the US than within the US since 2019, while there is no difference in growth rates for roles that are not remote-suitable.

* Cost saving considerations play another large role for offshoring. For every 10% reduction in foreign worker salaries compared to average US salaries for the same role, employment outside the US grew 13.1 percentage points faster than within the US.

Last week, @jasonfurman.bsky.social published a harsh critique of #Bidenomics in @foreignaffairs.com - Today, Jared Bernstein @jaredb-econ.bsky.social (bravo!) responds to the debate over the costs & benefits of Biden Administration’s economic policies econjared.substack.com/cp/1572

2025-02-13

I compiled these statistics in 2023:

-In Joe Biden’s America: -There are 582,500 homeless people (2022 figure)
-More than 25% of homeowners are ‘house poor’
-Housing costs are at record level of unaffordability
-Utility costs have skyrocketed
-Food costs have skyrocketed
-Record number of people living in poverty (12.4%!)
-31% of Americans report a net worth of $0 or less
-Credit card debt in the US is at a record $1.031 trillion

https://www.epigaea.net/posts/04-11-2023/

#Bidenomics

2025-02-13

Eugene Ludwig
Voters Were Right About the Economy. The Data Was Wrong.

I don’t believe those who went into this past election taking pride in the unemployment numbers understood that the near-record low unemployment figures — the figure was a mere 4.2 percent in November — counted homeless people doing occasional work as “employed.” But the implications are powerful. If you filter the statistic to include as unemployed people who can’t find anything but part-time work or who make a poverty wage (roughly $25,000), the percentage is actually 23.7 percent. In other words, nearly one of every four workers is functionally unemployed in America today — hardly something to celebrate.

https://www.politico.com/news/magazine/2025/02/11/democrats-tricked-strong-economy-00203464

#Bidenomics

Another #FAFO
Amazon issues disappointing revenue forecast, points to weakest growth on record Based on Amazon's forecast, the company expects revenue growth of only 5% to 9% in the first quarter.
At the low end of the range, that would mark the slowest growth on record.
Revenue in the fourth quarter rose 10% from $170 billion in the same quarter a year earlier
Under #bidenomics #TrumpIsUnfitforOffice
#TrumpEconomyCrash
#TrumpBillionaire #MAGAgrifters cnbc.com/2025/02/06/amazon-amz

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