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newmedman

07/27/23 3:03 PM

#450050 RE: stock_observer_77 #450049

Yeah, and according to all your "predictions" we should be in the throws of a massive recession right now, all lined up at the food shelters.

Instead we have the strongest economy on the planet and covid was a global pandemic. Go figure... If you take Florida out of the equation our numbers would be even better. (running at 10% inflation and home insurance rates higher than mortgages themselves)

If the last administration didn't fuck up the covid response so badly we'd probably still have half a million people still here to enjoy the recovery along with us.

Got anymore bold predictions for the next year Nostradamus?
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blackhawks

07/27/23 3:54 PM

#450055 RE: stock_observer_77 #450049

Unmentioned is the multiplier effect on the economy of both the Infrastructure Bill and the Chips and Science Bill.

Have the infrastructure bill and the chips and science bill stimulated the economy and GDP growth?

It is still too early to say definitively whether the infrastructure bill and the chips and science bill have stimulated the economy and GDP growth. However, there are some early signs that they are having a positive impact.

For example, the infrastructure bill has led to an increase in construction spending, which has created jobs and boosted economic activity. The chips and science bill has also led to an increase in investment in semiconductor manufacturing, which is expected to create more jobs and boost economic growth in the long run.


In addition, both bills are expected to help to reduce the United States' reliance on foreign countries for critical goods and services. This could make the US economy more resilient to future shocks and help to boost long-term growth.

Of course, it is important to note that the full impact of these bills will not be known for some time. However, the early signs are promising, and it is likely that they will have a positive impact on the economy and GDP growth.

Here are some specific examples of how the infrastructure bill and the chips and science bill have stimulated the economy:

The infrastructure bill has led to an increase in construction spending. In the first quarter of 2023, construction spending was up 17.7% from the same period in 2022. This increase has created jobs and boosted economic activity.

The chips and science bill has led to an increase in investment in semiconductor manufacturing. In the first quarter of 2023, Intel announced a $20 billion investment in a new semiconductor manufacturing plant in Ohio.

This investment is expected to create 3,000 jobs in Ohio and 7,000 jobs in the broader semiconductor supply chain.

These are just a few examples of how the infrastructure bill and the chips and science bill are stimulating the economy. It is likely that these bills will have a positive impact on the economy and GDP growth in the long run.
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zab

07/27/23 6:53 PM

#450072 RE: stock_observer_77 #450049

Thanks for remembering the trump pandemic, he really did fuck up that response to a simple flu. Like you, you were wrong on the stock market, it's booming.
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fuagf

07/27/23 8:12 PM

#450082 RE: stock_observer_77 #450049

stock_observer_77, The focus on control (judges) and the drain on progress of your Trump day.

House Democrats have passed nearly 400 bills. Trump and Republicans are ignoring them.

Legislative paralysis gripped Capitol Hill well before impeachment started.
By Ella Nilsen Nov 29, 2019, 7:00am EST
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172445772