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Agoura Guy

03/02/24 11:46 AM

#381256 RE: louieforpar #381255

THE ECONOMY IS ***FAKE***!!!!!!!

WHAT PART OF THIS DON'T YOU UNDERSTAND???????


Bearish
Bearish

spartex

03/03/24 4:18 AM

#381265 RE: louieforpar #381255

This has nothing to do with Biden (note his Treasury Secretary Yellen wrote that opinion piece); other than the 2 massive Infrastructure bills and IRA (inflation reduction act....funny name). There is are billions if not over time trillions coming from these bills, and also keep inflation higher in costs of construction and labor for those areas.

The economy is staying strong because of consumer spending, increased productivity from AI phasing in, and Federal spending imho.

Bidenomics is just a buzz word with no relevance to innovation happening in US companies, Tesla, Nvidia, MSFT, etc.

PS: Read the comments from that Opinion piece. Enlightening!