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Started By
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re: Morgan Stanley credits ‘Bidenomics’ in lifting its U.S. economic-growth outlook.
Posted on 7/23/23 at 1:22 pm to CAPEX
Posted on 7/23/23 at 1:22 pm to CAPEX
Didn't we just have this thread yesterday?
Those are terrible numbers. Calling this "good" because it's better than the even worse previous projection is misleading at best.
quote:
projects 1.9% economic expansion in the first half of this year.
Those are terrible numbers. Calling this "good" because it's better than the even worse previous projection is misleading at best.
This post was edited on 7/23/23 at 1:23 pm
0
Posted on 7/23/23 at 1:22 pm to cmayes56
quote:
How dare you say something positive about how well the country is doing under Biden..
Literally nothing is going well
Posted on 7/23/23 at 1:27 pm to CAPEX
quote:
The US economy is doing very well and the stock market is booming.
These 2 are not the same which shows you are full of shite.
This post was edited on 7/23/23 at 1:36 pm
Posted on 7/23/23 at 1:28 pm to RogerTheShrubber
quote:
Exactly. Biden is the best thing to ever happen to BigCorp, and a nightmare for mom n pop.
Covid started the ball rolling, but the current economic system leans technocrat.
Moving toward PPP (Public/Private Partnerships).
It is how the fascist government controls things by doing an end-around on the Constitution, using big business to regulate where the government legally cannot.
Then they point and say "but you Conservatives always say it's a private business, they can run it however they want".
All the while using behind the scenes leverage and threats to make these businesses do as the puppeteers see fit.
See Blackrock and Larry Fink's own words about how they are forcing businesses to conform to their agenda by withholding credit, and basing lending on ESG scores.
Big business and the globalist government types are already in bed together and it is getting worse by the day.
Posted on 7/23/23 at 1:31 pm to CAPEX
quote:
I work at an investment firm.
Wow. Good thing you didn't mention them by name. Would be a terrible advertisement for them.
Posted on 7/23/23 at 1:32 pm to cmayes56
quote:
US Real Average Hourly Earnings is at a current level of 11.05, up from 11.03 last month and up from 10.92 one year ago. This is a change of 0.18% from last month and 1.19% from one year ago.
Correct. This is still lower than February 2020.
Posted on 7/23/23 at 1:34 pm to CAPEX
Firms are happy while he grinds the middle class to dust. Sounds about right.
Posted on 7/23/23 at 1:35 pm to CAPEX
quote:
Biden has positioned the US in a pretty good place.
The US economy is doing very well and the stock market is booming.
Anecdotally, my firm is pretty happy with Biden's leadership from what I can tell.
Ask the average person:
Would you rather buy a house now or in 2020? (I'll even let you buy at 3%)
Would you rather buy a car now or in 2020?
Would you rather buy food now or in 2020?
Also, the market had a enormous push because of AI. Before there were major concerns of a recession.
This post was edited on 7/23/23 at 5:14 pm
Posted on 7/23/23 at 1:44 pm to USMCguy121
quote:
Firms are happy while he grinds the middle class to dust. Sounds about right.
The stock market is disconnected from Main Street.
Posted on 7/23/23 at 1:53 pm to CAPEX
All I can say is bullshite what industrial strength we not even a blip on the radar in industrial manufacturing
This post was edited on 7/23/23 at 3:08 pm
Posted on 7/23/23 at 2:00 pm to cmayes56
quote:
But regardless.. the sycophants that worship at the feet of Trump will never admit that..
You've created a binary choice of either "the economy is doing better thanks to Biden" or "you're just a bitter Trump supporter". Framing your argument like this exposes your stance as being every bit as ridiculously biased as those you attempt to denigrate.
Posted on 7/23/23 at 3:40 pm to saint tiger225
quote:.
is, "you just have to hope people around him are doing their jobs like they were hired to do."
If their job is to destroy the country they are doing it well.
Posted on 7/23/23 at 3:46 pm to CAPEX
quote:
Anecdotally, my firm is pretty happy with Biden's leadership from what I can tell.
glad things are going well at the dildo plant.
Posted on 7/23/23 at 3:49 pm to BuzzdLightBeer
Please, please...my Biden economy boner can only take so much 
Posted on 7/23/23 at 3:54 pm to cmayes56
quote:
I’m sorry some of you hate the country
This is ironic coming from a goose-stepper like you.
Posted on 7/23/23 at 3:56 pm to CAPEX
Keynsian economics works until the money spigot runs out, or hyperinflation.
Posted on 7/23/23 at 3:56 pm to tiggerfan02 2021
quote:
Moving toward PPP (Public/Private Partnerships). It is how the fascist government controls things by doing an end-around on the Constitution, using big business to regulate where the government legally cannot. Then they point and say "but you Conservatives always say it's a private business, they can run it however they want". All the while using behind the scenes leverage and threats to make these businesses do as the puppeteers see fit. See Blackrock and Larry Fink's own words about how they are forcing businesses to conform to their agenda by withholding credit, and basing lending on ESG scores. Big business and the globalist government types are already in bed together and it is getting worse by the day.
Posted on 7/23/23 at 3:58 pm to cmayes56
when you derail a train, it's only courteous to help with the cleanup a little
Posted on 7/23/23 at 3:59 pm to CamdenTiger
quote:
Morgan Stanley probably in line for another bail-out like in 2008.
It was over $100B. Have they paid that back?
Posted on 7/23/23 at 4:00 pm to boogiewoogie1978
quote:
These 2 are not the same which shows you are full of shite.
Those two are very much the same thing.
You realize public equity is how companies raise capital to grow their businesses and grow the economy.
If the stock market is doing well, the economy is doing well because it means companies can raise money by issuing equity capital and fund expansion.
The economy does well when the stock market does well.
This post was edited on 7/23/23 at 4:01 pm
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