Stock Market Performance

Amazing Biden Economy, But Polls Indicate Lack Of Reality Of Voters

admin 2 Comments

As 2023 ends, the American economy is doing great in so many ways.

An all time high on the stock market.

Unemployment rate lowest in more than 50 years.

Gas prices down to $3.00 a gallon.

Inflation Rate after the effect of COVID 19 coming down to about 3 percent from a 9 percent high.

Despite all of this, there is ignorance and refusal to accept reality on the part of those who are polled about their thoughts about the economy.

So Joe Biden is once again being misjudged and ignored on his many accomplishments, including also being the most pro labor President in decades!

By all rights, Joe Biden should sail to reelection, but the disease and sickness of MAGA Republicans makes it a struggle, along with the crazy, lunatic Robert F. Kennedy Jr. exploiting his famous father’s name and besmirching the Kennedy family legacy with his forlorn campaign for President with no redeeming qualities!

So Democrats must work hard every day for the next ten months to insure the continuation of American democracy!

Joe Biden’s Economy

Ronald 5 Comments

Joe Biden’s economy first year:

Stock Market up to all time high, although it went down this past week, the most since March 2020.

Unemployment dropped 2.5 percent, an all time record, as 6.2 million jobs were created, the most in a first year of a Presidency.

All sectors of the economy saw job gains, and the American Rescue Plan caused unemployment to fall faster than expected.

People had more disposable income in 2021, even taking inflation into account.

Poverty among children fell by 38 percent from 2020 to 2021.

One third fewer people reported they did not have or sometimes did not have enough to eat in December 2021 than in December 2020.

Workers were empowered to take better jobs, as they were able and willing to quit, being able to get higher pay, better benefits, and working conditions.

Applications to start new businesses increased dramatically in 2021.

Clearly, while economic conditions are much better, to the average American, inflation is a nightmare, and the COVID 19 Pandemic is having a deleterious effect on the mood of the American people.

So there is a lot of discontent with the Joe Biden Presidency as many Americans are unhappy at the stress and uncertainty that the Pandemic has caused.

But if clearcut thinking is employed, does anyone think a fifth year of Donald Trump would have produced similar or better economic results?