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re: Morgan Stanley credits ‘Bidenomics’ in lifting its U.S. economic-growth outlook.

Posted on 7/24/23 at 1:48 pm to
Posted by roadGator
Member since Feb 2009
141401 posts
Posted on 7/24/23 at 1:48 pm to
You are arguing with a radical leftist POS.

Keep that in mind.
Posted by Auburn1968
NYC
Member since Mar 2019
20009 posts
Posted on 7/24/23 at 1:50 pm to
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.


You can sell this kind of crap to people who don't understand the concept of constant dollars when inflation is higher than wage gains.
Posted by immobileman
nowhere in particular
Member since Nov 2014
1855 posts
Posted on 7/24/23 at 1:51 pm to
I don't see the construction jobs!
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
2549 posts
Posted on 7/24/23 at 1:52 pm to
quote:

You are arguing with a radical leftist POS.

Keep that in mind.



I know. Bored at work. Its fun shooting there talking points down like the Hindenberg. Leftists for the most part do not understand economics. Its funny watching them make a fool out of there selves posting about it.
Posted by Auburn1968
NYC
Member since Mar 2019
20009 posts
Posted on 7/24/23 at 1:55 pm to
quote:

quote:
2. This isn't banks doing well but the country doing well as a whole.


this is a lie


Inflation is the ugliest and most regressive tax of all. It falls on the people who can least afford it.

Posted by cmayes56
Alabama
Member since Oct 2015
2852 posts
Posted on 7/24/23 at 1:55 pm to
Actually for June it was 2.9
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
2549 posts
Posted on 7/24/23 at 1:55 pm to
quote:

Actually for June it was 2.9


Not even close to accurate.
Posted by cmayes56
Alabama
Member since Oct 2015
2852 posts
Posted on 7/24/23 at 2:00 pm to
LINK

The annual inflation rate in the US slowed to 3% in June of 2023, the lowest since March of 2021 and compared to 4% in May and expectations of 3.1%.
This post was edited on 7/24/23 at 2:07 pm
Posted by cmayes56
Alabama
Member since Oct 2015
2852 posts
Posted on 7/24/23 at 2:05 pm to
Please provide your alternative facts.. lol
Posted by PsychTiger
Member since Jul 2004
99620 posts
Posted on 7/24/23 at 2:05 pm to
quote:

Damn, I've been on this site since 2011 and y'all wait until now to tell me I can't read?

Wtf have I been doing this whole time?


You're clearly one of those Shakespeare typing monkeys.
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
2549 posts
Posted on 7/24/23 at 2:06 pm to
You do realize that they conveniently changed how they calculate inflation under the obiden admin dont you? Also, in about 2 months they will revise this number much higher but no one will talk about it. Its wash, rinse, repeat with this bunch. Its laughable.
Posted by Auburn1968
NYC
Member since Mar 2019
20009 posts
Posted on 7/24/23 at 2:07 pm to
quote:

We haven’t had annual growth above 4% since Clinton..




I remember the dot.com boom and bust rather well. It wasn't pretty and no Clinton didn't cause it or the sunrise.
This post was edited on 7/24/23 at 2:14 pm
Posted by cmayes56
Alabama
Member since Oct 2015
2852 posts
Posted on 7/24/23 at 2:08 pm to
Ok then.. so the numbers under Trump were figured using a different formula.

Please provide your more accurate numbers using your formula
This post was edited on 7/24/23 at 2:17 pm
Posted by burke985
UGANDA
Member since Aug 2011
24782 posts
Posted on 7/24/23 at 2:10 pm to
This is why people laugh at you all of y’all are fricking morons Jesus fricking Christ
Posted by Auburn1968
NYC
Member since Mar 2019
20009 posts
Posted on 7/24/23 at 2:21 pm to
quote:

The annual inflation rate in the US slowed to 3% in June of 2023, the lowest since March of 2021 and compared to 4% in May and expectations of 3.1%.


Posted by cadillacattack
the ATL
Member since May 2020
4577 posts
Posted on 7/24/23 at 2:30 pm to
Morgan Stanley? .... pppffffttttttt ....

MS does nothing that is not in their own self interest .....
Posted by cmayes56
Alabama
Member since Oct 2015
2852 posts
Posted on 7/24/23 at 2:31 pm to
Great rebuttal
Posted by Born2rock
Member since Oct 2022
954 posts
Posted on 7/24/23 at 2:32 pm to
"2. This isn't banks doing well but the country doing well as a whole."

Well, there it is...(insert emoji).
Posted by Born2rock
Member since Oct 2022
954 posts
Posted on 7/24/23 at 2:41 pm to
"Data shows that 65 percent of taxpayers with a household income of $500,000 or more were in Democratic districts, while 74 percent of taxpayers with a household income of $100,000 or less were in Republican districts".

So, the IRS knows which filers are democrats or republicans? I don't think so, Vern. Your source/link is quite biased.
Posted by Born2rock
Member since Oct 2022
954 posts
Posted on 7/24/23 at 2:46 pm to
Hardly booming and most investors remain extremely nervous about Biden and his handlers' Ukraine war policies leading to direct engagement by US troops, and continued fear of a banking failure.

....and yet, most are still investing in the stock market...
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