Post by nephillymike on Sept 4, 2023 8:55:43 GMT -5
news.yahoo.com/calmes-bidenomics-just-had-first-100035615.html
Not sure how much is a result of something he did, but I agree that the economy is much better than feared. When you take into account the mathematical certainty of high inflation after the $7+ Trillion we pumped into the economy for COVID and subsequent spending laws, I’m sure both parties share credit for increased inflation.
Dont agree that the green energy policy is a boon. Infrastructure spending is though.
The bad press he gets for it, you would think the economy is Carter-esque. It’s not.
That being said, I do see strong signs of a slowdown in the housing, moving and furniture purchasing sectors. I think the balance of 2023 will be lower than pre-COVID norms.
Not sure how much is a result of something he did, but I agree that the economy is much better than feared. When you take into account the mathematical certainty of high inflation after the $7+ Trillion we pumped into the economy for COVID and subsequent spending laws, I’m sure both parties share credit for increased inflation.
Dont agree that the green energy policy is a boon. Infrastructure spending is though.
The bad press he gets for it, you would think the economy is Carter-esque. It’s not.
That being said, I do see strong signs of a slowdown in the housing, moving and furniture purchasing sectors. I think the balance of 2023 will be lower than pre-COVID norms.