Thanks, Biden!!!

[MajorRewrite]

Yahoo Finance Chartbook: 32 charts tell the story of markets and the economy midway through 2024

Looking at the economy from many angles.

An overarching feeling of optimism about both the economy and markets emerges from the third volume of the Yahoo Finance Chartbook, a trend similar to that seen in volume two in late January.

Across the 32 charts compiled by economists and strategists on Wall Street, we see broad confidence that the US economy can still achieve the vaunted "soft landing" outcome following the Fed's historic rate-hiking cycle.

The news continues to be good.

Real Americans celebrate the strength of the US economy.

Right wing anti-America propagandists (Trump and Vance) continue to pretend the economy is a disaster, but only the most gullible people listen to their nonsense.

 

[MajorRewrite]

Thank you, President Biden! Keep up the good work.

Harkening back to the day of his inauguration in 2021, weeks after the January 6 attack on the Capitol and less than a year into the start of the coronavirus pandemic, Biden marveled at how far the country had come in such a short time.

“We were in the grip of the worst pandemic in the century, the worst economic crisis since the Great Depression, the worst attack on our democracy since the civil war,” Biden said. “We came together as Americans. We got through it. We emerged stronger, more prosperous and more secure.”

https://www.theguardian.com/us-news/article/2024/jul/24/joe-biden-oval-office-speech

 

[icanhelp1]

Thank you, President Biden! Keep up the good work.



https://www.theguardian.com/us-news/article/2024/jul/24/joe-biden-oval-office-speech

Perhaps read this statement from the banking committee; today’s economy benefits the upper third of Americans leaving the bottom 2/3rds in the dust.

https://www.banking.senate.gov/news...s-spending-policies-caused-this-economic-pain

As Democrats shift blame, Ranking Member Scott highlights Americans’ economic realities under President Biden.​

Washington, D.C. – At today’s Senate Committee on Banking, Housing, and Urban Affairs hearing, Ranking Member Tim Scott (R-S.C.) pushed back against Democrats’ efforts to shift the blame for the economic hardships facing Americans across the country. Ranking Member Scott called out President Biden’s policies that have made almost every aspect of American life more challenging – for those living paycheck to paycheck trying to afford groceries, to families looking to buy a home or pay rent, to hardworking seniors hoping to retire – and argued for a return to sound economic policies that will ease the burdens on all Americans.

 

[MajorRewrite]

Perhaps read this statement from the banking committee; today’s economy benefits the upper third of Americans leaving the bottom 2/3rds in the dust.

https://www.banking.senate.gov/news...s-spending-policies-caused-this-economic-pain

As Democrats shift blame, Ranking Member Scott highlights Americans’ economic realities under President Biden.​

Washington, D.C. – At today’s Senate Committee on Banking, Housing, and Urban Affairs hearing, Ranking Member Tim Scott (R-S.C.) pushed back against Democrats’ efforts to shift the blame for the economic hardships facing Americans across the country. Ranking Member Scott called out President Biden’s policies that have made almost every aspect of American life more challenging – for those living paycheck to paycheck trying to afford groceries, to families looking to buy a home or pay rent, to hardworking seniors hoping to retire – and argued for a return to sound economic policies that will ease the burdens on all Americans.

Inflation in May and June: 0%
Inflation is squashed. MAGA losers pretend it’s still an issue.

Meanwhile in the real world, economic indicators are positive

32 charts tell the story of markets and the economy midway through 2024

An overarching feeling of optimism about both the economy and markets emerges from the third volume of the Yahoo Finance Chartbook, a trend similar to that seen in volume two in late January.

Across the 32 charts compiled by economists and strategists on Wall Street, we see broad confidence that the US economy can still achieve the vaunted "soft landing" outcome following the Fed's historic rate-hiking cycle.

Real Americans celebrate the continued strength of our economy.

 

[icanhelp1]

Inflation in May and June: 0%
Inflation is squashed. MAGA losers pretend it’s still an issue.

Meanwhile in the real world, economic indicators are positive

32 charts tell the story of markets and the economy midway through 2024



Real Americans celebrate the continued strength of our economy.

Joe Biden’s economy is not from the bottom up and from inside out, it’s strictly at the top.

 

[adrina]

Good morning traitor!

 

[MajorRewrite]

Joe Biden’s economy is not from the bottom up and from inside out, it’s strictly at the top.

You take Tim Scott’s word for that? You posted the opinion of insurance agent and politician Tim Scott as if he’s an authority on the economy.

 

[icanhelp1]

You take Tim Scott’s word for that? You posted the opinion of insurance agent and politician Tim Scott as if he’s an authority on the economy.

They’re opinions grounded in facts.

Price of homes…up
Interest rates…up
Home owners mortgage… up
Property taxes…up
Home insurance…up
Car insurance…up
Food prices… up
Energy prices…up
Credit card interest…up
Rent…up
Cost of car repairs…up
Medical cost…up
Medical insurance…up
Restaurant prices…up
Cost of home repairs…up
School and college tuition…up

These issues greatly affect the lower end of the economic scale as apposed to the higher end. Wages aren’t keeping up.

 

[Lazaran]

They’re opinions grounded in facts.

Price of homes…up
Interest rates…up
Home owners mortgage… up
Property taxes…up
Home insurance…up
Car insurance…up
Food prices… up
Energy prices…up
Credit card interest…up
Rent…up
Cost of car repairs…up
Medical cost…up
Medical insurance…up
Restaurant prices…up
Cost of home repairs…up
School and college tuition…up

These issues greatly affect the lower end of the economic scale as apposed to the higher end. Wages aren’t keeping up.

Trump’s policies, spending, and fuckups directly contributed to all those problems, while President Biden’s and Vice President Harris’ policies are helping resolve all those problems.

Of course, Trump’s and the MAGAt’s obstruction and corruption continues to hurt Americans AND our allies.



JFC

SAD!!!

 

[MajorRewrite]

They’re opinions grounded in facts.

Price of homes…up
Interest rates…up
Home owners mortgage… up
Property taxes…up
Home insurance…up
Car insurance…up
Food prices… up
Energy prices…up
Credit card interest…up
Rent…up
Cost of car repairs…up
Medical cost…up
Medical insurance…up
Restaurant prices…up
Cost of home repairs…up
School and college tuition…up

These issues greatly affect the lower end of the economic scale as apposed to the higher end. Wages aren’t keeping up.

I repeat: inflation in May and June was 0%. The battle against inflation has already been won.

Pretend to care about something else. The MAGAs are the party that wants to cut taxes on the rich and corporations AGAIN. You could not care less about the middle class or lower class.

 

[icanhelp1]

I repeat: inflation in May and June was 0%. The battle against inflation has already been won.

Pretend to care about something else. The MAGAs are the party that wants to cut taxes on the rich and corporations AGAIN. You could not care less about the middle class or lower class.

Don't conflate the rate of inflation with actual inflation. The damage is already done. Cutting taxes as well as cutting spending is the conservative platform. Need to cut back on out of control social services spending, consolidate and eliminate redundant programs. People are hurting out there.

 

[icanhelp1]

Trump’s policies, spending, and fuckups directly contributed to all those problems, while President Biden’s and Vice President Harris’ policies are helping resolve all those problems.

Of course, Trump’s and the MAGAt’s obstruction and corruption continues to hurt Americans AND our allies.



JFC

SAD!!!

Biden has been in office for 3 1/2 years, what's happening today is on Biden. Biden is an incompetent fool when it comes to foreign policy. The scary thing is Harris is left of Karl Marx.

 

[Sean Renaud]

Don't conflate the rate of inflation with actual inflation. The damage is already done. Cutting taxes as well as cutting spending is the conservative platform. Need to cut back on out of control social services spending, consolidate and eliminate redundant programs. People are hurting out there.

Yes the damage is already done, it was done largely because of things that had nothing to do with Biden and are better here than they are globally. Cutting spending and taxes would at actual best leave us exactly where we are and that's not what history has shown. History has shown that will make everything worse. Cutting back on social services just means less money in the economy and more people hurting out there. Its not like we haven't tried this.

Hell the entire philosophy of the Right hinges on the idea that if you make people's lives too good they will continue to vote to improve their lives.

 

[MajorRewrite]

Biden has been in office for 3 1/2 years, what's happening today is on Biden.

6.2 million more jobs now than pre-pandemic.
The economy grew at a strong 2.8% last quarter.
Longest run of low unemployment since the 1960s.
2.6% inflation over the last 12 months.
Wage growth rate is higher than the inflation rate.

What’s happening today is all on Biden! And it’s all good!

You walked right into that. Thanks.

 

[jaF0]

Biden signs bill strengthening oversight of crisis-plagued US Bureau of Prisons after AP reporting​

President Joe Biden has signed into law a bill strengthening oversight of the crisis-plagued federal Bureau of Prisons after The Associated Press exposed systemic corruption and abuse in the prison system.

 

[icanhelp1]

6.2 million more jobs now than pre-pandemic.
The economy grew at a strong 2.8% last quarter.
Longest run of low unemployment since the 1960s.
2.6% inflation over the last 12 months.
Wage growth rate is higher than the inflation rate.

What’s happening today is all on Biden! And it’s all good!

You walked right into that. Thanks.

Biden burnt the house down and you’re giving him credit for putting the fire out.

 

[adrina]

Biden burnt the house down and you’re giving him credit for putting the fire out.

That would be your guy who burnt the house down, traitor.

 

[Sean Renaud]

Biden burnt the house down and you’re giving him credit for putting the fire out.

No Trump set a fire, Biden walked into an inferno and the fire is out now. You are acknowledging the fire is out. We are saying that the damage was done already. Common sense, I know its hard.

 

[Lazaran]

Biden has been in office for 3 1/2 years, what's happening today is on Biden. Biden is an incompetent fool when it comes to foreign policy. The scary thing is Harris is left of Karl Marx.

What’s happening today is on Biden???

OK

Inflation has been reduced to 0% (after CORPORATE GREEDFLATION, right wing domestic disturbances / disruptions, and Putin’s war of aggression had artificially exacerbated the inflation problems Trump had already created.)

Wages HAVE gone up.

President Biden "shut down" the border by EO after Trump and MAGAts sabotaged the BIPARTISAN immigration reform and border security bill.

Infrastructure projects and foreign investment from The Infrastructure Act, The Inflation Reduction Act, and the CHIPS act are coming online.

Climate change is being addressed.

America is producing record amounts of oil while simultaneously transitioning to renewables.

NATO has expanded, and our allies respect America while our enemies are whining. (there’s a damn good reason authoritarians, like Putin,, Xi,, and Orban, etc, favor Trump.)

Ukraine continues to defend its freedom and democracy against Putin’s Russia. (Everybody knows Trump is going to abandon that nascent democracy - ACTUALLY murdering an infant democracy after it’s born.)

The Indo and South Pacific nations have been unified to blunt China.

Israel HAS been assisted with its war on Hamas. while President Biden has made it clear that the far right factions in Israel have crossed the line in multiple areas. (Wholesale destruction in Gaza, expansion of settlements, indiscriminate Israeli settler violence, and even attacks on democracy in Israel itself.)

President Biden and our amazing military conducted a monumental and incredibly successful exit out of the quagmire of Afghanistan, despite Trump setting President Biden and our amazing military up for failure with the infamous "Doha Deal" which included Trump ordering the Afghan government to release FIVE THOUSAND hardened TALIBAN FIGHTERS from prison shortly before Trump LOST THE 2020 ELECTION (The loss of thirteen military members is tragic, but they gave their lives in service to the success of an incredible mission )

President Biden has also presided with wisdom, honor and patriotism, with ZERO talk of dictatorship, carnage, retribution, favoritism,, etc, and ZERO acts of treason - that was / is ALL on Trump and the MAGATs.



Hope ALL of that ^ helps.



ineedhelp1

 

[jaF0]

Black and other minority farmers are getting $2 billion from USDA after years of discrimination​

Black and other minority farmers are set to receive more than $2 billion in federal aid in response to decades of discrimination by the U.S. Department of Agriculture.

 

[coati]

And thanks, Biden, for taking on the political hacks in the swamp that used to be called the Supreme Court.

 

[HumpDayHoratio]

Inflation in May and June: 0%
Inflation is squashed. MAGA losers pretend it’s still an issue.

Meanwhile in the real world, economic indicators are positive

32 charts tell the story of markets and the economy midway through 2024



Real Americans celebrate the continued strength of our economy.

If you believe inflation is 0%…

Jesus you people…even your own left wing “fact. Checker” can’t lie about this…

https://www.factcheck.org/2024/05/factchecking-biden-on-inflation-other-claims/

 

[MajorRewrite]

If you believe inflation is 0%…

Jesus you people…even your own left wing “fact. Checker” can’t lie about this…

https://www.factcheck.org/2024/05/factchecking-biden-on-inflation-other-claims/

People who don’t understand economics (you), shouldn’t comment about economics.

Prices fell in June for the first time since the start of the pandemic

Inflation in May and June: 0%

 

[Bray123]

They’re opinions grounded in facts.

Price of homes…up
Interest rates…up
Home owners mortgage… up
Property taxes…up
Home insurance…up
Car insurance…up
Food prices… up
Energy prices…up
Credit card interest…up
Rent…up
Cost of car repairs…up
Medical cost…up
Medical insurance…up
Restaurant prices…up
Cost of home repairs…up
School and college tuition…up

These issues greatly affect the lower end of the economic scale as apposed to the higher end. Wages aren’t keeping up.

It's almost enough to stop you from driving around the country rolling coal and following the felon to his rallies in your lifted truck with flags and stickers.

 

[butters]

Thankyou, Mr. President and Veep Harris for getting this multi-national prisoner swap done. This is a great addition to your legacy as the 46th President of the U.S