BIG JOE GIVES THE 1%ers / HIGH-ROLLER$ BOTH BARRELS!!!!!!

[Phoenix68]

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Retail Sales SOLID / Jobless Claims FALL / S&P 500 Futures CLIMB!!!
October 17, 2024
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"Retail sales rose more than expected in September, but hurricanes have blown economic data off course, with new claims for jobless benefits slipping from nearly a three-year high last week in a temporary reprieve. After the data, the S&P 500 continued to point to a higher open, led by technology stocks, with Wall Street counting a Fed rate cut next month as all but certain."

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[Phoenix68]

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America’s Economy Just Achieved The RARE FEAT Of A SOFT LANDING!!!
October 30, 2024
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"The U.S. economy seems to have pulled off a remarkable and historic achievement. Yet with just days to go before the presidential election, the majority of voters say they remain displeased with the state of the economy.

Gross domestic product, which measures all the goods and services produced in the economy, expanded at an annualized rate of 2.8% in the third quarter, the Commerce Department said Wednesday. That’s a slightly weaker pace than the second quarter’s 3% rate and above the 2.6% rate economists projected in a FactSet poll. GDP is adjusted for seasonal swings and inflation.

That comes after the economy added a whopping 254,000 jobs in September, inflation is a whisper away from the Federal Reserve’s 2% target and consumer sentiment jumped this month by the fastest clip since March 2021, according to The Conference Board — all signs of a robust economy."

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[Phoenix68]

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October 31, 2024

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[Phoenix68]

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PULLING OUTTA THE LAST TRUMP TAX-CUTS!!
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Biden's Economic Performance Has Proved Unbeatable
December 20, 2021
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March CPI: US inflation falls to lowest level since May 2021 | CNN Business
April 12, 2023
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Jobs Growth Is the Savior of Inflation-Wracked US Economy
November 9, 2024
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[Gabriel_Bell]

The super rich are the ones who benefit most from the country's defense and industries. So they are the ones who should pay the most.

 

[Phoenix68]

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U.S. Finalizes $7.86 Billion Chips Manufacturing Award For Intel
November 26, 2024
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"The U.S. Commerce Department said Tuesday it was finalizing a $7.86 billion government subsidy for Intel , down from $8.5 billion announced in March after the California-based chips maker won a separate $3 billion award from the Pentagon.

The award will support nearly $90 billion in manufacturing projects in Arizona, New Mexico, Ohio, and Oregon.

"That means American-designed chips being manufactured and packaged by American workers in the United States by an American company for the first time in a very long time," Commerce Secretary Gina Raimondo said."

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[mark francis]

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U.S. Finalizes $7.86 Billion Chips Manufacturing Award For Intel
November 26, 2024
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"The U.S. Commerce Department said Tuesday it was finalizing a $7.86 billion government subsidy for Intel , down from $8.5 billion announced in March after the California-based chips maker won a separate $3 billion award from the Pentagon.

The award will support nearly $90 billion in manufacturing projects in Arizona, New Mexico, Ohio, and Oregon.

"That means American-designed chips being manufactured and packaged by American workers in the United States by an American company for the first time in a very long time," Commerce Secretary Gina Raimondo said."

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Biden sure knows how to come through for his donors.

 

[the annoying thing]

THE HIGH ROOLERS SPENT OVER 1,5 BILLION IN A FEW SHORT WEEKS AND ARE IN DEBT .

 

[Phoenix68]

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PREPPING FOR THE NEXT REPUBLICAN ECONOMIC-MELTDOWN!!!
December 17, 2024
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"By nearly every metric, Bidenomics was a roaring success. It would be a mistake to ignore or forget the lessons that can be gleaned from the administration’s robust economic policy. Their present discontent notwithstanding, Americans will undoubtedly miss this economy when it’s gone.

The economic gains also didn’t just get skimmed off the top by the wealthiest, as has happened in recent recessions. Wages for those earning the least rose 7.8 percent from early 2020 to mid-2023, reducing inequality for the first time in decades.

That healthy economy is essentially Donald Trump’s to screw up. Letting the economy flourish on its own is not what he’s promised to do. He probably will mess it up—either via an authoritarian deportation program that decimates labor markets, an aggressive tariff plan that spikes prices, or regressive tax cuts paired with deep spending cuts. When he does, Democrats should remember that they already have an economic plan that works."

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