Biden now Surpasses Jimmy Carter as worst President ever in terms of handling Economy

Search

I'm from the government and I'm here to help
Joined
Sep 21, 2004
Messages
33,565
Tokens

The US economy will grind to a halt in the 2nd half of 2023 and the following year won't be much better, BofA says as it slashes its growth forecast​

 

I'm from the government and I'm here to help
Joined
Sep 21, 2004
Messages
33,565
Tokens
Biden 6/22: "We're not in a recession right now. Right now we're in a transition where we are going to go into a place of stable and steady growth."

Also on 6/22: Goldman Sachs raises recession probability odds, cuts GDP outlook



1655902453876.png
 

I'm from the government and I'm here to help
Joined
Sep 21, 2004
Messages
33,565
Tokens
and housing market will be the next collapse....remember the Biden Administration only been in charge now for 15 months. Think of what it will look like in another 6 months, 12 months, 18 months.

Mortgage demand hits 22-year low​


Mortgage Demand Plunges To 22-Year Low​


Mortgage apps decline 6.5% to 22-year low​

 

I'm from the government and I'm here to help
Joined
Sep 21, 2004
Messages
33,565
Tokens
well done, Libs...

'The US is on an unsustainable fiscal path, meaning the debt is growing faster than the economy,' said Powell. 'By definition, that is unsustainable.'
 

Active member
Joined
Nov 23, 2011
Messages
105,290
Tokens
Biden said he's "never been more optimistic" for our country than he is now. He's been around a long time. Either he's making a bad joke or he's unaware that he's currently the President of a country where people can't afford groceries, gas and a mortgage on a full-time income.
 

I'm from the government and I'm here to help
Joined
Sep 21, 2004
Messages
33,565
Tokens
Bidenomics will go down in American history the same way Abenomics shattered what was an incredible Japanese economy.

Biden mistake could end America's solar industry​

President Biden has talked a lot about “Made in America” — and creating 10 million clean energy jobs. However, he’s just made a serious error for America’s solar manufacturing industry that poses grave consequences for the nation’s energy future, including a greater dependence on Chinese solar panels.

China accounts for roughly 70 percent of global solar panel production. Much of that stems from the massive subsidies Beijing provides to its state-owned manufacturers. China also “dumps” solar panels in the world market at below the cost of production — all to put U.S. solar companies out of business.

Beijing’s tactics have worked. Between 2010 and 2016, America’s solar industry almost disappeared under a flood of Chinese solar cells. It wasn’t until the Trump administration imposed tariffs on Chinese solar products in 2018 that America’s solar industry began to regain its footing.

Since then, U.S. solar companies have invested in new production and new workers. Last year, American-made solar cells accounted for 18 percent of new U.S. installations — an all-time high.

What Biden has done is signal that China can ship more solar panels to the U.S. by any means necessary. And he’s sabotaged the Commerce Department’s investigation into Chinese solar manufacturers illegally circumventing U.S. tariffs. Regardless of what the Commerce Department determines, no Chinese company can be punished since the president’s declaration gives them a free pass for the next 24 months.

Beijing Biden at it again....
 
Joined
Oct 30, 2006
Messages
40,221
Tokens
Nice shitty car in the background parked on the lawn. Trailer trash.
What a petty asshole you are the car is sitting down a hill in a driveway & looks like a decent house to me....You have to comment on everything & get the last word in on any conversation...You suck...
 

I'm from the government and I'm here to help
Joined
Sep 21, 2004
Messages
33,565
Tokens
Goldman released their preliminary June 2022 CAI (Current Activity Index) based on 56 major financial indicators. It was >+6.0 in November and they expect it to be NEGATIVE when the final numbers are tallied on Friday. And as we've all seen from the last 6 months the projected numbers are always rosier than the reported number

buckle up, the American economy is officially contracting thanks to Bidenomics

1656421374167.png
 

I'm from the government and I'm here to help
Joined
Sep 21, 2004
Messages
33,565
Tokens
Nice shitty car in the background parked on the lawn. Trailer trash.
you're just jealous that fella owns a car and doesn't rely on his SEPTA card to get around town like your ghetto ass
 

I'm from the government and I'm here to help
Joined
Sep 21, 2004
Messages
33,565
Tokens
ya gotta love some Krugs

1656515173891.png
 

I'm from the government and I'm here to help
Joined
Sep 21, 2004
Messages
33,565
Tokens
it's hard to keep the lies straight with the Retard-in-Chief but he pushed out a doozy today claiming the Inflation Rate is higher “in every major industrial country” compared to the United States.

Of the 20 largest economies in the world the US' inflation rate is 8th highest. For twats like Vit that don't comprehend numbers that means only 7 industrialized nations have higher rates of inflation, specifically Turkey-Argentina- Brazil-Spain-Russia-UK-Netherlands. While the USA is at 8.6% there are four nations not even experiencing 3% inflation including China, Japan, Saudi Arabia, and Switzerland

What an embarrassing fool this mumbling cunt is

 

I'm from the government and I'm here to help
Joined
Sep 21, 2004
Messages
33,565
Tokens
The worst 6-month period for the stock market since 1970

Bidenomics....just like Abenomics but with a bigger cliff

1656680669853.png
 

Forum statistics

Threads
1,120,452
Messages
13,581,997
Members
100,982
Latest member
nammoidenroiiiii
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com