Biden's Economic Performance Has Proved Unbeatable.
No first-year president going back to Carter comes close to matching the current White House occupants No. 1 or No. 2 ranking in each of 10 key measures.
U.S. financial markets are outperforming the world by the biggest margin in the 21st century, and with good reason: Americas economy improved more in Joe Biden's first 12 months than any president during the past 50 years notwithstanding the contrary media narrative contributing to dour public opinion.
Exceptional returns from dollar-denominated assets, especially the S&P 500 Index in both absolute terms and relative to its global counterparts, can be attributed to record-low debt ratios enabling companies to reap the biggest profit margins since 1950. Corporate America is booming because the Biden administration's Covid-19 vaccination programs and $1.9 trillion American Rescue Plan reduced the jobless rate to 4.2% in November from 6.2% in February, continuing an unprecedented rate of decline during the Covid-19 pandemic.'>>>
The best numbers in history won't take away the attacks from the right.
Time for hard-hitting education, including change in terms= GREEDflation.
It's like a train going down the track and a Y-junction is approaching. A left turn hurtles you off a cliff and a right turn hits an oncoming train.
To beat inflation, you basically have to create a recession. Because the prosperity itself... the success of the economy is what is driving inflation (for the most part).
JPow basically announced last week that mortgage rates will be 7-8% in 2024.
look at his pics. and this:
One big, largely ignored source of inflation: Corporate greed.
originally that running on 'corporate America booming' is hardly good campaign slogan)
your video contradicts the article
That is my point. Winkler is saying corporate America booming is good. Reich is critiquing the booming.
Business is booming so fast they can't hardly get enough product or labor. The economic statistics nationwide of now vs where we started in Jan 2021 are really breathtaking. It is fantastically good.
However, too many individuals are losing even more ground. Sure, that might be temporary, and yes it seems to be less that in other places of the world, but it's painful none the less.
What it says to me is we absolutely have to increase the margins in the House and Senate - win more local and state seats as well. Otherwise the existing safety net that covers the gap is won't be expanded and it's likely to be destroyed.