bidenomics

Amplify Pres Biden's wins:

“Violent crime has dropped to nearly a 50 yr low, unemployment is <4%, & in Jan the S & P 500 & Dow hit record highs. More Americans than ever have health INS, & the country is producing more energy than ever in its history.”

"I’m running again because I think two things: #1, I’m really proud of my record, & I want to keep it going. I’m optimistic about the future, #2, OK, most of what I’ve done is just kicking in now.”

#Bidenomics #VoteBlue
https://www.newyorker.com/magazine/2024/03/11/joe-bidens-last-campaign

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US applications for jobless claims hold at healthy levels - ABC News #Bidenomics https://abcnews.go.com/Business/wireStory/us-applications-jobless-claims-hold-healthy-levels-107880921

If the #TFG becomes president, America loses, except the 1%. If Biden is reelected, the vast majority of Americans, wins, economically & democratically:

"Trump's massive tax cuts expire at end of 2025. Extending them all, as he wants, would cost $3-3.5T; Biden would end them for top earners, saving ~$1.2T. Plus Biden's proposed to raise $5T more from top earners & corps. Nov will decide which path prevails.

"Trump Would Break the Budget."

#Bidenomics #VoteBlue2024

https://www.theatlantic.com/ideas/archive/2024/03/trump-2017-tax-cuts-2025-expiration/677846/

💪🏼U.S. employers added 303,000 jobs in March, as the labor market remained robust. The unemployment rate fell to 3.8%. -NYT #Bidenomics

Surprising #US #economy is powering better global outlook, #WorldBank says

The global economy is in better shape than it was at the start of the year, thanks largely to the performance of the #UnitedStates, the World Bank said in its latest forecast Tues. But the sunnier outlook could cloud over if major central banks — including the #FederalReserve — keep #InterestRates at elevated levels.

#bidenomics #BidenHarris2024
https://www.washingtonpost.com/business/2024/06/11/world-bank-us-economy/

Via @stevebenen:

U.S. job growth by year:
2017: 2.1 million
2018: 2.3 million
2019: 1.98 million
2020: -9.3 million
2021: 7.2 million
2022: 4.5 million
2023: 3 million
Five months into 2024: 1.2 million (on pace for 2.9 million)

#Bidenomics
https://www.msnbc.com/rachel-maddow-show/maddowblog/robust-job-growth-may-exceeds-expectations-rcna156001

America’s employers added a vigorous 272,000 #jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates. #Bidenomics
https://apnews.com/article/d1d73005dbc40b081a555850a44e73d1

The #US #economy grew faster than expected in the second quarter, but #inflation subsided, leaving intact expectations of a Sept #InterestRate cut from the #FederalReserve.

#GDP increased at a 2.8% annualized rate last quarter, the #Commerce Dept’s Bureau of #Economic Analysis said in its advance estimate of 2nd-quarter GDP on Thurs. Economists polled by Reuters had forecast GDP rising at a 2.0% rate.

#Bidenomics #Harris2024
https://www.reuters.com/markets/us/us-economic-growth-regains-steam-second-quarter-inflation-slows-2024-07-25/