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From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
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posted April 29, 2025 04:22 PM            

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Inflation in January was 3%. In February, it was 2.8%. In March, it was 2.4%.

Manufacturing Jobs: In December of 2024, Biden lost 10,000 jobs. Biden lost another 5,000 jobs in January of 2025. While President Trump gained 8,000 jobs in February of 2025. President Trump gained another 1,000 jobs in March of 2025.

Bureau of Labor Statistics

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posted April 30, 2025 03:02 AM            

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quote:

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Originally posted by Randall:
Inflation in January was 3%. In February, it was 2.8%. In March, it was 2.4%.

Manufacturing Jobs: In December of 2024, Biden lost 10,000 jobs. Biden lost another 5,000 jobs in January of 2025. While President Trump gained 8,000 jobs in February of 2025. President Trump gained another 1,000 jobs in March of 2025.
Bureau of Labor Statistics

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That's because energy prices are down and it's a symptom of an expected recession. Food prices are actually up.

http://tradingeconomics.com/united-states/inflation-cpi
http://www.straitstimes.com/business/economy/explainer-why-cheap-oil-relieves-some-worries-other-countries

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posted April 30, 2025 09:11 AM            

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That’s why I don’t trust economists. They can’t even predict a recession. There’s no expected recession among those who have any sense. In the third quarter, all these clowns will go silent. New job growth is up. You conveniently focused on energy prices. But newsflash: Eneegy prices are going to go way down. Watch and learn.

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posted April 30, 2025 12:30 PM            

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quote:

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Originally posted by Randall:
That’s why I don’t trust economists. They can’t even predict a recession. There’s no expected recession among those who have any sense. In the third quarter, all these clowns will go silent. New job growth is up. You conveniently focused on energy prices. But newsflash: Eneegy prices are going to go way down. Watch and learn.

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Watch and learn? U.S. GDP has contracted 0.3% in the first quarter of 2025. And blaming Biden for this result is absolute BS. The stock market knows this and is reacting accordingly.

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posted April 30, 2025 01:18 PM            

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It was from Biden. But we will be at 3% by the third quarter.

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posted April 30, 2025 01:20 PM            

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The stock market is fear based, like you are. That is not reality. How do you suppose the stock market is going to react when the tax and regulation reduction plan is signed into law?

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posted April 30, 2025 02:04 PM            

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No, it isn’t Biden’s fault. I knew this would happen. If the economy is so great, why is he blaming Biden for it being bad?

http://x.com/samstein/status/1917568636966805676

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posted April 30, 2025 02:06 PM            

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quote:

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Originally posted by Randall:
The stock market is fear based, like you are. That is not reality.

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She isn’t the one kidnapping thousands of people, and sending them out of the country, without a trial. That’s fear-based.

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posted April 30, 2025 02:52 PM            

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He is blaming the GDP on Biden.

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posted April 30, 2025 02:53 PM            

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You don't get a trial because you broke into this country illegally. Due process can be administrative. Asylum claims get a date before a judge, and if they miss it, they then get deported. If they return, that is a felony. Many of these criminals already had due process (it can be administrative), were deported, and returned. Did Obama kidnap thousands?

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posted April 30, 2025 04:46 PM            

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quote:

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Originally posted by Randall:
The stock market is fear based, like you are. That is not reality. How do you suppose the stock market is going to react when the tax and regulation reduction plan is signed into law?

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The stock market is a thermometer of sentiments and prolonged sentiments have spillover effects. A Bear market is bad new.

And it's not just the stock market, plenty of economists have said that Trump's policies will break the economy. You only see what you want to see. All the positives are Trump's accomplishments and all the negatives are Biden's fault. Is Trump's poor approval rate also Biden's fault?

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posted April 30, 2025 05:30 PM            

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Economists? I want you to admit they are wrong when everything is great. Will you?

Consumer spending is up 1.8 percent. Business investment is up 21.9 percent. It was down 5.6 percent when Biden left. That makes it a 28 percent increase. All these businesses don’t invest unless they have confidence. Disposal personal income is up. As the trade deals get signed, stocks will rise. When the budget gets signed with tax cuts, it will set forth significant growth.

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