The Biden economic juggernaut steams ahead - 311,000 new jobs!

[Spamature]

If you think that those at the bottom of the economic ladder are doing well you're as crazy as Bugsy. all of that Bidenflation™ has killed their buying power, far worse that that of the ones with more wealth.

You mean World President Biden responsible for worldwide inflation in all 185 countries that are above the target rate ?

Maybe we should bring attention to the Bidenbuilding collapses in Syria and Turkey.

 

[protectionist]

As hard as the Fed tries to throttle the Biden jobs/economic growth juggernaut, it just can’t be stopped!

Cue the bitching and moaning from the wingers!

;-)

Jittery US markets await key jobs report

Wall Street was steeling itself Friday morning for a crucial employment report from the Bureau of Labor Statistics. It's a key piece of data that could provide more guidance as to the size of the Federal Reserve's next rate hike.

www.cnn.com

And guess where the "information" is coming from. Give up ? Joe Biden.
Could there be a less credible source ? Sheeeesh!

 

[protectionist]

You mean World President Biden responsible for worldwide inflation in all 185 countries that are above the target rate ?

Maybe we should bring attention to the Bidenbuilding collapses in Syria and Turkey.

But he certainly IS responsible for US inflation.

 

[protectionist]

IMO, it will never Pass
No way Joey wrote that budget
You could always find a job in Cuba

Nothing about the budget will stop inflation, as long as Biden continues to minimize oil drilling. The supply of oil will remain low, continuing to drive prices up, in all the things that manufacturers have to pay more to transport their goods to stores. And what goods would that be ? Just about EVERYTHING.

 

[protectionist]

It’s amusing watching wingers pretend to care about deficits again - that does happen when we have a Dem president - but the markets have actually reacted negatively to the latest word of more Fed rate hikes and the good jobs numbers. In other words, more solid economic growth. Go figure.

If you're DUPED enough to believe the worst presidential, opportunist conniver in US history.

 

[Spamature]

But he certainly IS responsible for US inflation.

How ?

 

[PNWest]

You mean World President Biden responsible for worldwide inflation in all 185 countries that are above the target rate ?

Maybe we should bring attention to the Bidenbuilding collapses in Syria and Turkey.

I'm more concerned right now with the BidenBankFailure™ here in America where Biden is the one in charge.

 

[Dawg]

How ?

Spending like a drunk sailor

 

[Dawg]

Hope the 311,000 still have a home due to Joey's economic juggernaut

Suburban Evictions: The face of American poverty is changing (msn.com)

Damn the evictions, pay student loans off

 

[Spamature]

I'm more concerned right now with the BidenBankFailure™ here in America where Biden is the one in charge.

That was their fault, not Biden's.
Simply put, they f*ck up.

https://www.nytimes.com/2023/03/11/business/dealbook/silicon-valley-bank-collapse.html

A bid to reassure investors goes awry
The failure of Silicon Valley Bank was caused by a run on the bank. The company was not, at least until clients started rushing for the exits, insolvent or even close to insolvent. But banking is an enterprise that relies as much on confidence as on cash — and if that runs out, the game is over.

The collapse may have been an unforced, self-inflicted error: The bank’s management chose to sell $21 billion of bonds at a $1.8 billion loss, in large part, it appears, because many of those bonds were yielding an average of only 1.79 percent at a time when interest rates had risen drastically and the bank was starting to look like an underperformer relative to its peers. Moody’s was considering downgrading its rating. The bank’s management — with the help of Goldman Sachs, its adviser — chose to raise new equity from the venture capital firm General Atlantic and also to sell a convertible bond to the public.

It isn’t clear if the bond sale or the fund-raising, at least initially, had been made under duress. It was meant to reassure investors. But it had the opposite effect: It so surprised the market that it led the bank’s very smart client base of venture capitalists to direct their portfolio clients to withdraw their deposits en masse.

 

[Spamature]

Spending like a drunk sailor

That's not true.
Already put up the graph that prove it isn't.
Trump maybe, but not Biden.
You see the fall in spending on his watch.

 

[Dawg]

That was their fault, not Biden's.
Simply put, they f*ck up.

https://www.nytimes.com/2023/03/11/business/dealbook/silicon-valley-bank-collapse.html

A bid to reassure investors goes awry
The failure of Silicon Valley Bank was caused by a run on the bank. The company was not, at least until clients started rushing for the exits, insolvent or even close to insolvent. But banking is an enterprise that relies as much on confidence as on cash — and if that runs out, the game is over.

The collapse may have been an unforced, self-inflicted error: The bank’s management chose to sell $21 billion of bonds at a $1.8 billion loss, in large part, it appears, because many of those bonds were yielding an average of only 1.79 percent at a time when interest rates had risen drastically and the bank was starting to look like an underperformer relative to its peers. Moody’s was considering downgrading its rating. The bank’s management — with the help of Goldman Sachs, its adviser — chose to raise new equity from the venture capital firm General Atlantic and also to sell a convertible bond to the public.

It isn’t clear if the bond sale or the fund-raising, at least initially, had been made under duress. It was meant to reassure investors. But it had the opposite effect: It so surprised the market that it led the bank’s very smart client base of venture capitalists to direct their portfolio clients to withdraw their deposits en masse.

What a difference libs post since 1-20-2021

 

[Dawg]

That's not true.
Already put up the graph that prove it isn't.
Trump maybe, but not Biden.
You see the fall in spending on his watch.

Holders of Americans check-book is Congress

 

[Spamature]

What a difference libs post since 1-20-2021

read the article.

 

[Spamature]

Holders of Americans check-book is Congress

Yes, and ?

The checks are written in the House

Are you blaming the GOP for this collapse ?

 

[Dawg]

Yes, and ?

The checks are written in the House

Are you blaming the GOP for this collapse ?

GOP has only had the majority for like 2 months
SVB is 40 years old

 

[Spamature]

GOP has only had the majority for like 2 months
SVB is 40 years old

You blamed Biden for the border on the day he stepped into office.
That problem is 90 yrs old.
What's good for the goose....

 

[Dawg]

You blamed Biden for the border on the day he stepped into office.
That problem is 90 yrs old.
What's good for the goose....

Joey did a EO on day one and opened the border
Obama and Trump had Border under control with few illegals crossing

 

[Spamature]

Joey did a EO on day one and opened the border
Obama and Trump had Border under control with few illegals crossing

Link to EO that opened the border.

Because as I recall that was something that went before the courts.

 

[Dawg]

Link to EO that opened the border.

Biden Administration Day One Immigration Actions - National Immigration Law Center (nilc.org)

Because as I recall that was something that went before the courts.

Your Google Broke

Migrant border crossings in fiscal year 2022 topped 2.76 million, breaking previous record

The 2022 numbers were driven in part by increases in the number of Venezuelans, Cubans and Nicaraguans making the trek north.

www.nbcnews.com

Obama and Joey didn't build enough Cages