"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]
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](https://paulkrugman.substack.com/p/from-bidenomics-to-trumponomics-a) #Economics #Inflation #Bidenomics #Trumponomics #PublicPerception
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
https://www.nytimes.com/2025/03/13/business/sp-500-stocks-market-correction.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=2AF81A08-DB10-4E54-BA71-32F938B4D01C
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
https://www.theguardian.com/us-news/2025/mar/05/hopes-of-us-golden-age-fade-as-investors-start-to-worry-about-trumpcession-risk
Two Ute nations receive grant funding for affordable #housing. #Bidenomics works. https://www.kkco11news.com/2024/12/10/two-ute-nations-receive-grant-funding-affordable-housing/ #NativeAmerican #Indigenous #USPol #Colorado
#NewOrleans Leads Nation in Decline in Violent Crime Despite Tragic Events Taking Place During Holiday Weekend. #Bidenomics works. https://ladatanews.com/new-orleans-leads-nation-in-decline-in-violent-crime-despite-tragic-events-taking-place-during-holiday-weekend/ #Louisiana
US adds 227,000 jobs in what analysts say is a healthy economy https://scdailygazette.com/2024/12/09/us-adds-227000-jobs-in-what-analysts-say-is-a-healthy-economy/ #JobsReport #Bidenomics #USPol
“Polls do establish that a large majority of voters gave Bidenomics a low grade. A sense of failure weighs on [Biden’s economists], despite their good intentions and best efforts. They were repudiated—so say the polls—and for the sake of future policy battles, it is worthwhile to try to understand why.”
#Politics #USPolitics #Economics #Bidenomics #Election2024 #ElectionsMatter #EconomicPolicy
https://www.thenation.com/article/economy/bidenomics-failure-inflation-voters/
Bet you all this 'Its the Economy, Stupid' hoo-har from Labour today will benefit very few of us but we'll be told we've never had it better....
"Why Bidenomics Was Such a Bust"
Veteran #homelessness reaches record low, decreasing by 7.5% since 2023. #Bidenomics works. https://news.va.gov/press-room/veterans-homelessness-reaches-record-low-decreasing-by-7-5-since-2023/?utm_source=convertkit&utm_medium=email&utm_campaign=%F0%9F%97%9E%EF%B8%8F%20%20Backed%20by%20Sandy%20Hook%20families,%20The%20Onion%20buys%20Infowars%20-%2015652398&sh_kit=7a2950363f4b90b1881ae76c68d24551846eea9063b67a6a14e9fa39bc419e40
Trump will take credit for #Bidenomics, then destroy the economy, blame Dems:
“The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth.
…American economy — the world's largest — is proving surprisingly durable. Growth has topped 2% for eight of the last nine quarters”
https://abcnews.go.com/Business/wireStory/us-economy-grows-28-pace-quarter-consumer-spending-116269393
#Gas prices will drop below $3 before #ThanksGiving analyst says
@Jennifer @GhostOnTheHalfShell @RichardJMurphy Under Biden, our taxes stayed UP by $7500 and then our salaries got cut in half. My job offers dried up and my ability to retire ended. It was stupid AF for the Dems to try to brand #Bidenomics as something positive for anyone but the upper class.
Billionaire businessman Mark Cuban explains:
Send this video to your friends who think Biden created the #inflation.
(Another reason: in 2020 during the COVID lockdown the U.S. monetary supply greatly expanded.)
https://danielpinchbeck.substack.com/p/destroying-trumps-economic-argument
Destroying #Trump's #Economic Argument
Don't fall for the lies
#DanielPinchbeck
..."According to Nicholas Lemann’s recent New Yorker article, “#Bidenomics Is Starting to Transform America”, Biden’s accomplishments in turning the massive ship of the #American economy in a better direction have not been understood or realized by the common people yet, because many of these changes take years to impact peo."...
Hi Trump
Fewer Americans filed for unemployment benefits last week as layoffs remain at historically healthy levels - ABC News #Bidenomics https://abcnews.go.com/US/wireStory/fewer-americans-filed-unemployment-benefits-week-layoffs-remain-115348325
Hi Trump
“#Inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels.
The Commerce Department reported that prices rose just 2.1% in September from a year earlier, down from a 2.3% rise in August. That is barely above the Fed's 2% inflation target and is in line with readings in 2018, well before prices began surging after the pandemic recession.” #Bidenomics
https://abcnews.go.com/US/wireStory/inflation-gauge-closely-watched-fed-falls-lowest-level-115348958
“Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says
The numbers counter expectations for a slowdown in October on the heels of two brutal hurricanes.” #Bidenomics
https://www.cnbc.com/2024/10/30/private-job-creation-totaled-a-stunning-233000-in-october-far-more-than-expected-adp-says.html
#Bidenomics Is Transforming America. Why Has No One Noticed?
The #Biden Admin has passed #legislation spending trillions of dollars on #manufacturing & #infrastructure across the country. “The biggest mistake we made, we didn’t put up signs saying ‘Joe Did It,’” Biden said.
Among Biden’s afflictions & miseries, his wormwood & gall, there are the insults (about his capacities), & there are the compliments unpaid (about his achievements).…To him the 2nd are more painful.
