Each one had economic complaints. The 2 libs appear to be voting Biden because of a student loan handout and Trump is mean. The other 2 voters who appear more independent are undecided. The common theme for all of them is the economic conditions are a burden and that's not good for Biden overall.I guess I read it as still better than Trump considering none of them were interested in voting for him again
Joe's Economy And Bidenomics
- Thread starter Omega
- Start date
Omega
Well-known member
FTC bans noncompete agreements, making it easier for workers to quit. Here's what to know.
Regulators prohibit new noncompetes, which impede millions of U.S. workers from getting a better job.
www.cbsnews.com
Why go through the charade of having elected representatives in Congress when unelected bureaucrats rule as they please?
ProV1
Well-known member
Good for them. Most non competes are BS.FTC bans noncompete agreements, making it easier for workers to quit. Here's what to know.
Regulators prohibit new noncompetes, which impede millions of U.S. workers from getting a better job.
Why go through the charade of having elected representatives in Congress when unelected bureaucrats rule as they please?
Pro-worker Joe Biden getting actual policy done...
Omega
Well-known member
U.S. Durable Goods Orders Surge More Than Expected In March
(RTTNews) - With orders for transportation equipment showing a substantial increase, the Commerce Department released a report on Wednesday showin...
markets.businessinsider.com
Omega
Well-known member
GDP increased at a 1.6% rate in the first quarter, less than expected
Are we revisiting a condition of stagflation. Slow growth plus persistent inflation?
Are we revisiting a condition of stagflation. Slow growth plus persistent inflation?
BGFalcons82
Well-known member
Can someone tell Babbles to stop the equity markets from their free fall today?
Thanks in advance.
Thanks in advance.
Omega
Well-known member
What are your thoughts on an employer being able to protect intellectual property? Just curious.
OldSoulon
Well-known member
Exactly my thoughts when I saw that.
Inflation looks to be holding where it’s at, we’ll see if this lower growth continues.
cabezadecaballo
Well-known member
1.7 million full time jobs have disappeared in the past 5 months
cabezadecaballo
Well-known member
Back to Obama's "get used to 1% growth"?
BGFalcons82
Well-known member
So.... if the inflation rate is higher than the rate of growth, doesn't that mean we are actually contracting?
Stagflation is indeed upon us and has been for awhile.
BGFalcons82
Well-known member
Babbles said he'd not raise taxes on anyone making over $400K. He's said it hundreds of times over the past 4 years.
Now, there's his proposal to raise capital gains taxes to an historically high level:
www.foxnews.com
The take-home:
According to a report issued by the Treasury Department, led by Secretary Janet Yellen, the president's proposed fiscal year 2025 budget would increase the top marginal rate on long-term capital gains and qualified dividends to a staggering 44.6%. A capital gains tax hike of that magnitude would take the rate to its highest level since it was first introduced in the early 1920s.
"Investment is the real driver of economic growth," E.J. Antoni, an economist and research fellow at The Heritage Foundation, told Fox News Digital. "Investment is what gives you productivity gains. Investment is where you get factories and machines — it's where businesses are able to provide their workers with tools and equipment that allow them to increase their productivity, to increase wages, etc."
"If you're going to tax something, you get less of it," he continued. "And that's just as true for investment as it is for anything else. Taxing capital gains means less investment, it means less economic growth, and it means the rise in people's standards of living is going to slow dramatically."
Now, there's his proposal to raise capital gains taxes to an historically high level:
Biden's capital gains tax proposal could crush the economy, experts say
President Biden is under fire in response to his effort to hike the top capital gains tax rate to its highest-ever level, a move experts say would crush the economy.
www.foxnews.com
The take-home:
According to a report issued by the Treasury Department, led by Secretary Janet Yellen, the president's proposed fiscal year 2025 budget would increase the top marginal rate on long-term capital gains and qualified dividends to a staggering 44.6%. A capital gains tax hike of that magnitude would take the rate to its highest level since it was first introduced in the early 1920s.
"Investment is the real driver of economic growth," E.J. Antoni, an economist and research fellow at The Heritage Foundation, told Fox News Digital. "Investment is what gives you productivity gains. Investment is where you get factories and machines — it's where businesses are able to provide their workers with tools and equipment that allow them to increase their productivity, to increase wages, etc."
"If you're going to tax something, you get less of it," he continued. "And that's just as true for investment as it is for anything else. Taxing capital gains means less investment, it means less economic growth, and it means the rise in people's standards of living is going to slow dramatically."
ProV1
Well-known member
Non competes have nothing to do with IP. IP is protected by this thing called a Non Disclosure Agreement. Nobody is banning NDA’s. Next question?
Was it jimmy johns that had non-competes for counter workers? Obviously anti-labor/competitive practice as they are worried workers will go up the street to get an extra $1 or $2 per hour.
SayMyName
Well-known member
Good for you. Glad Jimmy John's let you out of your non-compete. LOL
Omega
Well-known member
Inflation ticked higher in March as incomes, spending rose
Inflation picked up slightly in March as Americans saw their paychecks rise and kept up a sturdy pace of spending, according to data released Friday by the Commerce Department. The personal consump…
thehill.com
BlackandGold
RollSide
Thanks for sharing something we already knew. The economy has been forecasted to slow in 2024 and begin to pick up in 2025 since at least December.
That doesn't change the fact that the economy has been exceeding those expectations during the first quarter of the year, idiot.
2024 Economic Outlook: Insights & Trends | J.P. Morgan
The U.S. economy may be slowing, but it could see a soft landing. Keep these economic considerations in mind next year.
www.jpmorgan.com
SayMyName
Well-known member
Do you know this? LMAO 39.8%Thanks for sharing something we already knew. The economy has been forecasted to slow in 2024 and begin to pick up in 2025 since at least December.
That doesn't change the fact that the economy has been exceeding those expectations during the first quarter of the year, idiot.
2024 Economic Outlook: Insights & Trends | J.P. Morgan
The U.S. economy may be slowing, but it could see a soft landing. Keep these economic considerations in mind next year.
President Biden Job Approval Economy | RealClearPolling
Track President Biden's job approval on economy with RealClearPolling. Gain valuable insights and stay informed on the latest ratings and political developments for a comprehensive view of the political landscape.
BGFalcons82
Well-known member
Babbles was on Comrade Stern's show this morning proclaiming he saved the lives of a half-dozen swimmers when he was a lifeguard hanging with cornpop. I'm sure his approval will go up a few points... amirite?Do you know this? LMAO 39.8%
President Biden Job Approval Economy | RealClearPolling
Track President Biden's job approval on economy with RealClearPolling. Gain valuable insights and stay informed on the latest ratings and political developments for a comprehensive view of the political landscape.www.realclearpolling.com
BlackandGold
RollSide
Do you know this? LMAO 39.8%
President Biden Job Approval Economy | RealClearPolling
Track President Biden's job approval on economy with RealClearPolling. Gain valuable insights and stay informed on the latest ratings and political developments for a comprehensive view of the political landscape.
Irving Mainway
Well-known member
You are partisan hack.
Omega
Well-known member
US Treasury Bond Issue Set To Increase To $1.9 Trillion In 2024 As Personal Saving Rate Crashes To Near Low Since 2010
This is past party politics. Both sides are to blame. Deficits may be an investment in our nation but at what point do we have a liquidity crisis where households and business can no longer borrow in the normal course of doing business?
This is past party politics. Both sides are to blame. Deficits may be an investment in our nation but at what point do we have a liquidity crisis where households and business can no longer borrow in the normal course of doing business?
OldSoulon
Well-known member
How will that lower the price of gas and groceries?
What is Biden's plan to lower inflation?
Can you articulate it to us, because he sure as heII can't.
OldSoulon
Well-known member
New CNN Poll Is a Bloodbath for Joe Biden
pjmedia.com
Seems like Americans have a pretty low opinion of Your Savior.
ProV1
Well-known member
Figured that would trigger a guy like you. Mission accomplished. Wait till I post a stock market comparison.
ProV1
Well-known member
He has been executing it. Inflation is around half of what it was during its peak so it's obviously working. A better question is what is Trump's plan for inflation reduction? Can you share it?