The Biden Presidency: Repairing America.....again

i am with u there     and it really is a welcome change from 2017-2020

IF YOU VOTE FOR THESE YOU GOTTA BE ABSOLUTELY NUTS!!!

continued...

"I WOULD NEVER vote for politicians who condone:..."

- any party leader that has been IMPEACHED TWICE for valid reasons!
- defunding the FBI just because they found valid evidence of crimes by the GOP leader
- calling for multiple foreign governments to interefere in our elections!
- overturning women's rights to abortion, despite wishes of over 64% of Americans
- a party leader who gassed peaceful protestors so he could triumphantly stage a photo op stunt holding a bible upside down

Fighting inflation

Washington, DC CNN —

The Federal Reserve raised its benchmark lending rate
by a quarter point Wednesday.

It’s the 11th rate increase since the Fed began
its inflation fight in March 2022, and comes
just one month after the central bank hit pause
in order to assess the state of the economy.

Fed officials are estimating one more rate hike
this year, according to their latest set of projections.

Inflation’s steady slowdown in recent months
has been encouraging for American consumers
and businesses, but officials reiterated in their
post-meeting statement that “inflation remains elevated”
and that the Fed “remains highly attentive to inflation risks,”
suggesting that another rate hike remains on the table.

  Our U.S. economy grew faster than expected in the 2nd quarter!

WASHINGTON, July 27 (Reuters) -
    The U.S. economy grew faster than expected in the
second quarter as labor market resilience underpinned
consumer spending, while businesses boosted investment
in equipment, potentially keeping a much-feared recession at bay.

GDP increased at a 2.4% annualized rate last quarter!

Economists polled by Reuters had forecast GDP rising at only a 1.8% rate.

The economy - under President Joe Biden - has largely
weathered the 525 basis points in interest rate hikes from
the Federal Reserve since March 2022
as the U.S. central bank battled inflation.

I gasface tribal leaders and turn em inside out like the fabric of my back pocket , like when I go to grab my wallet and pay for dinner at the CrabShack even though your fat ass got the Cabernet and the lobster …..

This is like saying "I took a cash advance from my credit card and then put that cash into my savings account and now my savings has increased and I'm better off NOW!" 

The only serial that I am , is the lyrical phlegm , that’s delivered separate again and again , in several steps , cuz the method I’m invested in is too intelligent for you  “ to get “ ….

so instead of the whole set , in it’s entirety , exploding your dome and tearing your cerebellum where it ties to your beliefs , I’ll just slide in a couple lines on the sneak , till you either wise up or attempt to repent your mind that’s weak …..

then and only then will I supply you with what’s on the other side till it’s a hundred not 99 complete…..

Everything is political damn 

Easy to say when the definition of recession has been changed. 

Lets just ignore the fact that household debts, from 2020-current are on the same increasing rate as 2004/05-2008. In fact, it's a steeper increasing rate. This rate of increase is the most since the housing crash. BuT eVeRyThInG iS fInE! Do 5 minutes of research, please. Stop believing your left leaning sites. 

@Zeus4par   Nope! Much to the chagrin of the trump-worshippers who want to see America fail badly so they can feel better about the epic destruction caused by the trump regime.

US economy defies recession fears with strong second-quarter performance

REUTERS - 

President Joe Biden said the GDP report was evidence
that his economic plan was working.
"We're just getting started," the Democratic president said.

Stocks on Wall Street were trading higher

The dollar rose against a basket of currencies.
U.S. Treasury prices fell.

Consumer spending, which accounts for more than two-thirds
of U.S. economic activity, increased at a 1.6% pace in the
second quarter and it was enough to add more than a full
percentage point to GDP growth!

You will never get your answers , and you can forget the rebuttals or replies , cuz these men are stuck in penitentiary pastures and out of their assholes comes the dung which attracts a hundred buzzing flies ……

it’s running plus pure hustling to take cover and to hide , no wonder this world is going under it’s been corrupted from inside ……

Households stepped up purchases of recreational goods
and vehicles, but cut back on automobiles and clothing.
They spent more on services like housing and utilities,
airline travel as well as motor vehicle maintenance and
repair services.
There were also increases in spending on financial services,
mostly portfolio and investment advice, and insurance.

Spending is being propped up by excess savings
accumulated during the COVID-19 pandemic and debt.

 Spending is being propped up by excess savings accumulated during the COVID-19 pandemic This could not be further from the truth.

US economy defies recession fears with strong second-quarter performance- Biden admin changed the definition of a recession. Don't believe, look it up.

They spent more on services like housing and utilities,- Which, ironically doesn't get taking into account when it comes to inflation. Gee, I wonder why??

There were also increases in spending on financial services, mostly portfolio and investment advice  Sureee when everyone's standard of living is increasing, they are spending more on investments, and NOT on the cost of living expenses.

So much lies in your statements. Just regurgitating MSM talking points to mask the truths.

Here, take a quick look to see what's happening with debts. It's going up faster over the last 2 months as this chart only shows into May of this year. EvERyThInG Is FiNe. EcOnOmY iS StRoNg

https://www.statista.com/chart/19955/household-debt-balance-in-the-united-states/

I am sure your republican friends are hard at work trying to destroy America...tell em rhey need to double there efforts because the strategy has failed....

Biden economics is working unemployment is lowest ever. Interest rates haven't even approached pre 911 levels and inflation is at 4 %

Carters double digit emunemployment interest and inflation.... that was a recession.  But I a. Sure the spin propagandist from the right will xome up with something to wine about.

Cause their work in congress doesn't mean diddle or squat. So let's impeach Biden when nothing else works... and the senate will dismiss it another useless action from a useless party ....

Led by a Traitor to America...

@nature1970   

infrastructure improvements 

supply chain improvements

chip factories

end of the covid pandemic  

weekly continuing jobless claims numbers down

wages up

vastly reduced child poverty 

rising consumer spending and optimism  

stock market rebound 

GDP up

no serious risk of recession this yr

no it isnt perfect     when is it ever???     but its going in the good direction 

Wage gains remain strong.

Income at the disposal of households after adjusting
for inflation rose at a 2.5% rate after surging at a 8.5%
pace in the first quarter.
The saving rate rose to 4.4% from 4.3%.

Weekly jobless claims fall 7,000 to 221,000

This month is the planet’s hottest on record – by far – and hottest in around 120,000 years, scientists say

CNN —

As vast swaths of three continents bake under blistering temperatures
and the oceans heat to unprecedented levels, scientists from two global
climate authorities are reporting before July has even ended that this
month will be the planet’s hottest on record by far.

The heat in July has already been so extreme that it is
“virtually certain” this month will break records
“by a significant margin,” the European Union’s
Copernicus Climate Change Service and the
World Meteorological Organization said in a report published Thursday.

We have just lived through the hottest three-week-period on record – and almost certainly in more than a 100,000 years.

Biden administration proposes measures to help protect workers from extreme heat.  More heat safety violation inspections in industries such as construction and agriculture.  Expansion of water storage and climate resilience.  Hazard alert system and improved weather forecasting.

Regurgitation of the worst things restated , without first even doing the pertinent service in earnest to breathe a word with purpose to your courteous neighbors , what fakers , and clumsy haters , with their mumbling nothings and fussy nature , I’m Kobe on the Lakers dunking on any one of the fucking scrubs that was on them disgruntled Blazers , because they could never usurp , the true work , of the assassin’s creed , a dastardly deed to panic and walk back from disaster and defeat , with your feet faltering as your ankles crack and bleed , your actions to my attacks it’s mathematics it adds up subtract you’re beat , as I slang language casually on the rap tip to the track and beat , if you can keep track you can see my feet , lapping you bastards languishing in the back who’ve atrophied …….

even though I can run right passed you while I’m standing still …….but if I really try . It’s over .