Biden's thriving, record-breaking economy.. good for americans!

[butters]

according to Forbes https://www.forbes.com/sites/chuckj...re-sp-500-records-than-trump/?sh=157652534547

Biden’s S&P 500’s performance has trounced Trump’s

Trump saw a gain of 20.5% from his election day and 13.9% from his inauguration to mid-November 2017 in the S&P 500.

From Tuesday, November 8, close: Up 439 or 20.5%
From January 19 (the day before the Inauguration): Up 315 or 13.9%
S&P 500 performance under President Trump
S&P 500 performance under President Trump STOCKCHARTS.COM
Using the Index’s returns from when Biden’s election was called the weekend after the election to Friday Biden’s market returns are substantially above Trump’s by 13.3% and 9.7% from his inauguration.

From Tuesday, November 3, close: Up 1,329 or 39.4%
From Friday, November 6, close: Up 1,189 or 33.9%
From January 19 (the day before the Inauguration): Up 899 or 23.7%

https://www.alternet.org/2021/11/biden-trump-2655769466/

"By President Trump's favorite measure of success President Biden's post-election gains in the S&P 500 Index have soundly beaten Trump's equivalent at just over their one-year election anniversary," he wrote before explaining that, "Charlie Bilello, Founder and CEO of Compound Capital Advisors, has created a chart that shows how many times the S&P 500 has hit record highs in any year since 1929. For 2021 the Index has eclipsed the record 66 times, which is the second highest number to 1995's 77 times. Biden's record number also eclipses Trump's best year in 2017 when the Index broke its all-time high 62 times."

For good measure, he pointed out: "Using the Index's returns from when Biden's election was called the weekend after the election to Friday Biden's market returns are substantially above Trump's by 13.3% and 9.7% from his inauguration."

 

[BidudeinWi]

according to Forbes https://www.forbes.com/sites/chuckj...re-sp-500-records-than-trump/?sh=157652534547




https://www.alternet.org/2021/11/biden-trump-2655769466/

Hahahaha! Ok. His 36% and Kumalot Harriest’s 28% approval ratings say NOBODY BELIEVES A FUCKING WORD OF YOUR BULLSHIT! Most Americans buy gas, when the price doubles due to Dopey allowing Oblunder to call the shots, most Americans know why! The LibFucks will soon get CRUSHED in 2022 and 2024!

 

[pecksniff]

I don't know as a vibrant stock market is really a sign of good economic health.

 

[Lazaran]

.
The Deplorable's silence on the job's and financial sector's numbers is deafening.

Things could be better regarding the supply chain , inflation, and gas prices, but those issues were inevitable considering the failures of the previous administration and the continued republican obstruction/ opposition to mitigating Covid and passing beneficial legislation.

Still really positive news regarding jobs, financials, and passage of historic legislation.

Good show Joe!!!!

 

[YDB95]

I don't know as a vibrant stock market is really a sign of good economic health.

Me neither, but it almost always benefits the president (whoever it is at a given time). I think we'll see Biden's numbers improving shortly, keeping in mind that the numbers BiDude claimed are from before this news came out.

 

[LupusDei]

The truth is, US entered a recession late 2019. It was masked by the shitshow of COVID-19, but ironically, also to a large extent avoided by the same, and the stimulus spending. The current supply chain issues are in large part direct result from that unexpected outcome.

The big business was preparing for a deep dive, orders get canceled, production cut back, not because of pandemic, or not only. The strong consumer demand was a surprise, but winding it all up again proved not to be as easy, especially as the lead times upstream had grown too, and some historically big players found themselves in position of routine small clients at the end of the queue in changed industries (like old US auto in electronics).

 

[JohnnySavage]

The US is the world's biggest debtor nation, who is, and has been, financing its growth through debt. It's unstainable and when interest rates return to historic levels, almost all of the discretionary budget will be consumed by debt servicing - unless the Fed pumps more money into the system thereby creating Carter-level inflation.

 

[jaF0]

Numbers like these are deceiving because they tend to be this year over last year. When one year tanks, the next year can be seen as better than it would be with a more normal comparison.

To be fair, one would have to average numbers over a period of years to determine what normal should be.

This one says some thing though as far as addressing a current problem that hasn't really happened before in recent history:

Walmart CEO Says Biden Instrumental in Supply Chain Improvements
"Each month of the quarter got stronger," CEO Doug McMillon said. "The number of containers that we're moving through the ports has grown significantly."

https://www.newsweek.com/walmart-ceo-says-biden-instrumental-supply-chain-improvements-1652224

 

[ShyBiGuy954]

https://64.media.tumblr.com/0efde11fabb0a5b89894513727e573b2/5153d232b472803b-49/s640x960/d4a5c69536059ad2b2489e900f6492e5f493e6be.jpg

https://64.media.tumblr.com/10fdf9aa17a0900e3578d47acbaa008b/b33b529b0f76d847-59/s1280x1920/17b691efeadb61475ff28229926810eb7409d88f.jpg

 

[Bud_Spencer]

I don't know as a vibrant stock market is really a sign of good economic health.

It's more a function of how much funny money the Fed is shoveling into the economy.

 

[ShyBiGuy954]

https://64.media.tumblr.com/f1f68484e906104c6aa6faebe1ae6929/ffc34e9ead3a54cb-f9/s540x810/c4e8c36a1f127065279b57a81681796a2a7a4df5.jpg

 

[ShyBiGuy954]

https://64.media.tumblr.com/149b4354085417c53240d49a5e8bd5f1/8a618feac991b610-d2/s540x810/d086170a97b4bd5b6b0815216673e504ce58f524.jpg

https://64.media.tumblr.com/f1438bc4b8acfe17bd23c46a32e76058/d072352ac451cddb-8d/s540x810/335876f90f5b2193f8ace8e1f71ebabe7f365a2c.png

 

[BabyBoomer50s]

Americans are loving Brandon’s thriving inflation rate and shortages.

 

[Lazaran]

.
So terrible jobs numbers and a stock market crash would have been a good thing???

GMAFB.

If the traitor in chief had been re-elected he would be crowing all day long about the stock market, the job numbers, the Covid vaccination numbers, the infrastructure bill passing, the fact that America is completely out of Afghanistan, the submarine deal with Australia, the tapping into the strategic oil reserves, and the progress made in addressing supply chain issues.

President Biden and congressional Democrats just get things done and then go back to work.

 

[butters]

my point with the OP was to use the 'measure of economic strength/growth/success' so heavily touted before by trump and his minions on here

their silence on the great numbers is ... expected.

 

[Rightguide]

It's more a function of how much funny money the Fed is shoveling into the economy.

But Butters, a leftist, is naturally blind to the economic effect of too much money chasing too few goods in the market place, so is condemned to walking around under a cloud of ignorance about the origins of inflation, and logical fallacies about how booming economies result from it.

 

[BidudeinWi]

according to Forbes https://www.forbes.com/sites/chuckj...re-sp-500-records-than-trump/?sh=157652534547




https://www.alternet.org/2021/11/biden-trump-2655769466/

So THAT defines an “economy” in your view? What a complete ignorant dipshit! Ya see, it’s no-nothing fucktards like you that actually vote. SMH…….truly scary! Talk about low information voters and low IQ voters! Congratulations on your stupendous K-12 public education.

 

[IrezumiKiss]

my point with the OP was to use the 'measure of economic strength/growth/success' so heavily touted before by trump and his minions on here

their silence on the great numbers is ... expected.

https://media1.giphy.com/media/ftdF4ZkueWGHBYc4b5/giphy.gif

if their orange marmalade god were still on with the same numbers, they'd be dancing in the streets naked.

not a visual I wanted to induce, but you get the drift.

 

[pecksniff]

But Butters, a leftist, is naturally blind to the economic effect of too much money chasing too few goods in the market place . . .

How are there too few goods? The supply chain problem is a matter of transportation and distribution, not manufacturing.

 

[butters]

https://media1.giphy.com/media/ftdF4ZkueWGHBYc4b5/giphy.gif

if their orange marmalade god were still on with the same numbers, they'd be dancing in the streets naked.

not a visual I wanted to induce, but you get the drift.

you had to go there, dintcha? active imaginations politely request you think before posting this kind of material

 

[Rightguide]

How are there too few goods? The supply chain problem is a matter of transportation and distribution, not manufacturing.

There are 90 million Americans out of work. We are not producing goods and services at any where near normal levels which adds to a lesser amount of goods being produced, yet billions in printed money are entering circulation,. The systemic supply chain problem in California means less goods are entering the retail marketplace creating shortages against demand that drive up prices as well.

 

[pecksniff]

There are 90 million Americans out of work. We are not producing goods and services at any where near normal levels which adds to a lesser amount of goods being produced, yet billions in printed money are entering circulation,. The systemic supply chain problem in California means less goods are entering the retail marketplace creating shortages against demand that drive up prices as well.

Democratic administrations are better for the economy than Republican. It's a repeatedly proven fact. Deal with it.

 

[Rightguide]

How are there too few goods? The supply chain problem is a matter of transportation and distribution, not manufacturing.

There's a shortage of 80,000 truck drivers, The supply chain is in containers parked offshore of the ports of Los Angeles and Long Beach. It isn't moving, either by train or truck. Much of our manufacturing is done offshore.

 

[ShyBiGuy954]

https://64.media.tumblr.com/1df291caf608ca048ca9a3d953cd496b/ed77a4afc3935428-5e/s400x600/e82ee7ae6eca03af83b102fce3a4661eb267fbc9.jpg

 

[Rightguide]

Democratic administrations are better for the economy than Republican. It's a repeatedly proven fact. Deal with it.

That's bullshit. The power and benefit across economic classes of the Trump economy prior to the Chinese attack on America, was never seen before.

Democrat administrations have been for the most part, disasters. This administration wants to spend more money than we spent winning WWII on nothing but waste and political payoffs.