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Bloomberg'; Joe Biden Sets 50-Year Record for Economic Improvement
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Temple Regular Member
Posts : 7317 Join date : 2014-07-29
Subject: Bloomberg'; Joe Biden Sets 50-Year Record for Economic Improvement Mon Dec 20, 2021 8:24 pm
12-20-2021
Joe Biden sets 50-year record for economic improvement in first year of presidency.
The U.S. economy has improved more in President Joe Biden's first year in office than it has under any president in the last 50 years.
Bloomberg's Matthew A. Winkler made the observation in a column on Monday.
"U.S. financial markets are outperforming the world by the biggest margin in the 21st century, and with good reason: America’s economy improved more in Joe Biden's first 12 months than any president during the past 50 years notwithstanding the contrary media narrative contributing to dour public opinion," Winkler reported.
According to Winkler, Biden's economy ranked either first or second in 10 key measures when compared to the previous 10 presidents.
"[N]o one comes close to matching Biden's combination of No. 1 and No. 2 rankings for each of the measures," Winkler wrote.
The measures include gross domestic product, profit growth and consumer credit among others.
"GDP growth in every incoming administration during the past four decades never exceeded 2.74% until 2021. Biden is now positioned to surpass Carter (5.01%) as the GDP champion of presidents since 1976," Winkler found. "Corporate America was never healthier than under Biden in 2021. Efforts to support consumers flowed through to America’s companies, which are enjoying profit margins of around 15%, the widest since 1950, according to the Bureau of Economic Analysis."
Winkler also suggested that inflation would not be as big of a problem for Biden as it was for President Jimmy Carter.
"Biden, unlike Carter, benefits from the $29 trillion U.S. debt market," he explained. "The clear message from the market that tells all other markets what to do is that the people with the most at stake are betting on the Biden economy."
The Wise And Powerful Admin
Posts : 111040 Join date : 2014-07-29 Age : 101 Location : A Mile High
Subject: Re: Bloomberg'; Joe Biden Sets 50-Year Record for Economic Improvement Mon Dec 20, 2021 10:01 pm
You're an idiot, Temple.
You could spend $10 trillion dollars in your first year, and be tied with Biden. Bwahaha
Subject: Re: Bloomberg'; Joe Biden Sets 50-Year Record for Economic Improvement Mon Dec 20, 2021 10:28 pm
The Wise And Powerful wrote:
You're an idiot, Temple.
You could spend $10 trillion dollars in your first year, and be tied with Biden. Bwahaha
Be nice-- Bloomberg is very good at what they do. So-- I assume you don't do Christmas but-- I'm still going to give you a gift-- now do you feel all better? I know if you've been naughty or nice, yup. No more name-calling- that's a naughty no no. The gift will be accordingly.
The Wise And Powerful Admin
Posts : 111040 Join date : 2014-07-29 Age : 101 Location : A Mile High
Subject: Re: Bloomberg'; Joe Biden Sets 50-Year Record for Economic Improvement Tue Dec 21, 2021 3:08 am
Subject: Re: Bloomberg'; Joe Biden Sets 50-Year Record for Economic Improvement Fri Dec 24, 2021 3:39 pm
President Joe Biden was fooled by a father of some children that he called for Christmas to track Santa Claus via NORAD.
“Merry Christmas, and let’s go, Brandon!” the father named “Jared” said, referring to the popular conservative phrase to signal dissatisfaction with the president after Biden spoke with his kids on the phone.
“Let’s go, Brandon, I agree,” Biden replied.
The Wise And Powerful Admin
Posts : 111040 Join date : 2014-07-29 Age : 101 Location : A Mile High
Subject: Re: Bloomberg'; Joe Biden Sets 50-Year Record for Economic Improvement Fri Dec 24, 2021 3:56 pm
Home 
I luvs you too !!! 
