Thanks, Biden!!!

[Fuzzy1975]

72% of Americans say they are doing well financially!

Americans feel financially secure

I'm going to steal this and show it to Sugardaddy....

 

[KeithD]

I'm going to steal this and show it to Sugardaddy....

Yes, it's just Russian/Republican propaganda that the United States is doing worse in any category than the Trump presidential era except for mega yacht sales to the superrich.

 

[Buffalogurl]

If the current crime family in power's economy is robust.... please explain the anomaly in the stock market yesterday? Or the trillion dollars every 100 or so days added to the national debt......

 

[Bray123]

If the current crime family in power's economy is robust.... please explain the anomaly in the stock market yesterday? Or the trillion dollars every 100 or so days added to the national debt......

You're behind the times. The crime family and all their criminal accomplices were voted out of office and some are now in jail, or waiting for that day to come.

It was they who added record amounts to the National Debt and it will take America a while yet to recover.

 

[MajorRewrite]

Monthly job openings have come down steadily a peak of 12.2 million in March 2022 — as the economy’s recovery from COVID-19 lockdowns left companies desperate for workers — but they remain at a high level. Before 2021, they never topped 8 million — a threshold they have now reached for 38 straight months.

The high level of job openings reflects a surprisingly strong U.S. labor market. When the Federal Reserve began raising interest rates in March 2022 to combat a resurgence in inflation, the higher borrowing costs were expected to tip the economy into recession and push up unemployment.

Continued strength of the US economy! Patriots, let the celebration begin!

US job openings remain at historically high levels

 

[jaF0]

U.S. News // 5 hours ago
Report: U.S. marine economy spawns billions in sales, supports 2.4M jobs
June 6 (UPI) -- The marine economy in the United States contributed $476 billion of economic impact in 2022, making up 2% of the country's gross domestic product while seeing increases in key sectors, according to new statistics from...

 

[Lazaran]

“Key Facts. The S&P 500 rose 1.2% to 5,353, breaking its prior all-time closing high set May 23, and the tech-heavy Nasdaq Composite jumped almost 2% to 17,186, shattering its previous record set May 28.1 day ago”

 

[SmokingFap]

“Key Facts. The S&P 500 rose 1.2% to 5,353, breaking its prior all-time closing high set May 23, and the tech-heavy Nasdaq Composite jumped almost 2% to 17,186, shattering its previous record set May 28.1 day ago”

Fake news! Witch hunt! Weaponization! Marxism! Communism! Hunter's laptop! DEI! HILARY!!!

 

[jaF0]

As I said ....

S&P 500:

3,800 3,803.79 January 7, 2021

5,300 5,308.15 May 15, 2024

1500 gain.


To be fair,


2,300 2,307.87 February 9, 2017

3,800 3,803.79 January 7, 2021

That's also 1500 points, but in 4 years versus 3 and a half. How much higher will it go during the rest of this year?

Now at 5,353 and rising.

 

[jaF0]

19,000 19,023.87 November 22, 2016
20,000 20,068.51 January 25, 2017


30,000 30,046.24 November 24, 2020
31,000 31,041.13 January 7, 2021

40,000 40,003.59 May 17, 2024



Giving some thought to the perceived Donny Bump from November '16 to January '17 (real or not), the Dow went from 19,000 to 31,000 by the time Donny shuffled off.

It's gone from 31,000 to 40, 000 in less time and while recovering from the Donny Slump Joe got stuck with.

 

[SmokingFap]

If the current crime family in power's economy is robust.... please explain the anomaly in the stock market yesterday? Or the trillion dollars every 100 or so days added to the national debt......

Republican administrations have accrued the vast majority of the current American debt. And in just four years, Trump and his MAGA cronies built up 25% of it, due to that gigantic tax cut for the rich and mega corporations.

SO FUCK OFF ABOUT THE NATIONAL DEBT. You all only care about it when there's a Democrat in the White House.

 

[coati]

Thanks, Biden, for going to France today to make such a powerful D-Day statement about defeating tyranny, while your autocratic opponent was in Arizona whining about his recent felony conviction and paying no serious tribute to the American soldiers he once referred to as "suckers".

 

[MajorRewrite]

US adds 272,000 jobs as labor market holds unexpectedly strong amid high interest rates

Real Americans celebrate excellent economic news!

 

[MajorRewrite]

The great American comeback continues, but we still have to make more progress. On my watch, 15.6 million more Americans have the dignity and respect that comes with a job. Unemployment has been at or below 4% for 30 months—the longest stretch in 50 years. And a record high share of working-age women have jobs.

Congressional Republicans have a different vision—one that puts billionaires and special interests first. The Republican plan would increase inflation by repealing the Affordable Care Act, siding with Big Oil to raise utility bills, letting Big Banks rip off Americans, and blow up the debt by slashing taxes for billionaires. I will never stop fighting for Scranton—not Park Avenue.

https://www.whitehouse.gov/briefing...m-president-joe-biden-on-the-may-jobs-report/

 

[MajorRewrite]

Wage growth too!

Wage growth also remained strong last month, with average hourly earnings rising 0.4%, more than expected. On an annual basis, wages increased 4.1% in May.

Fox Business news: May Jobs Report

 

[MajorRewrite]

‘America the beautiful’: how Biden is conserving land and water

A week after his presidential inauguration, Joe Biden cited the climate and biodiversity crises as reasons to set a sweeping new goal – to conserve at least 30% of America’s vast lands and waters by the end of the decade.

Three years on, new protections have spurred meaningful progress towards meeting the target by 2030.

Those efforts stretch from glacial lakes in Minnesota to tribal lands in arid New Mexico to huge expanses of the frigid Arctic and to archaeological sites on the doorstep of El Paso, Texas.

The article details new conservation areas designated under President Biden.

In contrast:

Trump took the unprecedented step of shrinking national monuments, which are protected places that a president has unilateral powers to designate, when he slashed the Bears Ears national monument in Utah by an enormous 85%, and the Grand Staircase-Escalante national monument, also in Utah, by nearly half in 2017.

 

[jaF0]

FBI's latest data show 'historic' drop in crime: Garland​

https://external-content.duckduckgo.com/ip3/abcnews.go.com.icoABC News|8 hours ago
Reported incidents of violent crime dropped 15%, according to the FBI data. The first three months of 2024 saw a continued drop in levels of violent crime and murder across the country, according to data released by the FBI on Monday -- a trend that ...

 

[MajorRewrite]

“We’re producing more energy than ever before in this nation," he continued. "We have the strongest economy in the world and we are beating China for the first time in decades. More people went to work this morning in America than at any other time in our nation’s history."

“So, I got a message to Donald Trump and all his negativity and whining: stop s--- talking America!" he said.

"This is the greatest country on Earth and it’s time that we all start acting like it," he said. "The good people of Pennsylvania understand that this is a great country, understand that we got a whole lot going for us."

Pennsylvania Governor Josh Shapiro.

https://www.foxnews.com/media/josh-shapiro-tells-trump-stop-s-talking-america-trying-divide-us

 

[MajorRewrite]

US inflation eases slightly

The consumer price index rose at annual pace of 3.3% in May, slipping back from the previous month’s reading of 3.4%.

It’s all good.

 

[dmallord]

That worked out so well for Trump...

Yes, it did!

 

[dmallord]

19,000 19,023.87 November 22, 2016
20,000 20,068.51 January 25, 2017


30,000 30,046.24 November 24, 2020
31,000 31,041.13 January 7, 2021

40,000 40,003.59 May 17, 2024



Giving some thought to the perceived Donny Bump from November '16 to January '17 (real or not), the Dow went from 19,000 to 31,000 by the time Donny shuffled off.

It's gone from 31,000 to 40, 000 in less time and while recovering from the Donny Slump Joe got stuck with.

You know Trump takes credit for that right? It only went up because America knows he is leading and will regain the White House and the Market has confidence that he will Make America Great Again.

 

[ll74]

This is brilliant! Biden proposes rules to not let medical debt hit credit scores

https://twitter.com/x/status/1801020627861516289

 

[jaF0]

Not sure why this is back in the news. This was done some time ago and has already taken effect in many cases.

How banning medical debt from credit reports could help millions of ...​

Today In 2023, three major credit bureaus - Equifax, Experian and TransUnion - voluntarily removed paid bills and bills under $500 from people's credit reports, affecting millions of Americans ...

 

[butters]

https://www.msn.com/en-us/news/worl...p&cvid=43b0711d2abe4b6791d08820c31ab379&ei=48

G& leaders agree to President Biden's plans to lend Ukraine $50B using frozen russian assets as source

When asked by reporters about the risks associated with the loans, the senior administration official said that it can be thought of as a "secured loan" because of the interest that is generated from the Russian assets. The official added that there are scenarios in which the income stream "may not flow," but noted that reparations could be a solution.

"How are we going to get repaid? Russia pays…the income comes from the interest stream on the immobilized asset," the official said. "The principal is untouched for now, but we have full optionality to seize the principal later if the political will is there."

The official added that "if there is a peace settlement, either the assets stay immobilized. And keep generating interest to repay the loans or Russia pays for the damage it's caused. Either way, there's a source of repayment."

 

[Bn2f]

THANK YOU PRESIDENT BIDEN AND TRANSPORTATION SECRETARY BUTTIGIEG!

12 days to reopen I95 after its collapse in Philadelphia.
11 weeks to pick up debris, dredge, and reopen the Port of Baltimore.

PROMISES MADE, PROMISES KEPT!!!