~46~ Lame Duck Unfit Uncle Joe Biden ~46~

The odds are excellent that you will leave this forum hating someone.
seacoaster
Posts: 8866
Joined: Thu Aug 02, 2018 4:36 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by seacoaster »

How proud you must be to amplify Hannity's/McEnany's/FNC's narrative. Bet you had your flag waving. Meanwhile, in America...

"Last Tuesday President Biden’s Council of Economic Advisers published a blog post warning everyone not to make too much of any one month’s employment report. It presumably released this in advance of Friday’s report to fend off possible accusations that it was just trying to make excuses for a weak number. As it happened, however, the report came in strong: The economy added an impressive 850,000 jobs.

The job gain was especially impressive given widespread claims that businesses couldn’t expand because generous unemployment benefits were discouraging workers from taking jobs. (Recent benefit cuts in many states came too late to have affected this report.) Well, somehow employers are managing to hire a lot of people anyway.

Oh, and so much for Donald Trump’s warnings that there would be a “Biden depression” if he weren’t re-elected.

That said, the council’s points were well taken. Covid-19 created huge dislocations in the economy, and as we recover from these dislocations economic data are unusually noisy — largely because the standard adjustments statisticians make to smooth out things like seasonal variation don’t work well in an economy still distorted by the pandemic.

At this point, however, we have enough data in hand to declare that the economy is booming. In fact, it’s booming so strongly that Republicans have pivoted from claiming (falsely) that we’re experiencing the worst job performance in decades to lauding the employment numbers and giving credit to … Trump’s 2017 tax cut.

Back to that in a minute. First, let’s try to put this boom in context, by noting that the economy is running hotter than it did during the “Morning in America” boom that gave Ronald Reagan a landslide victory in the 1984 presidential election.

We’ve gained three million jobs since Biden took office, or 600,000 jobs a month. This compares with gains of 340,000 a month in the year leading up to the 1984 election.

To be fair, Reagan-era job gains took place from a lower base, so it may be more appropriate to compare growth rates. But this still gives Biden the advantage: 5 percent at an annual rate, versus 4.4 percent in 1983-84. And the disparity grows if you compare jobs with the working-age population, which was growing around 1 percent a year in the 1980s but has stagnated in recent years.

So it’s a boom. What’s behind it?

The Republican determination to attribute everything good that happens to tax cuts is almost beyond parody. Some of us still remember how practically everyone in the G.O.P. predicted disaster after Bill Clinton raised taxes, then, when he presided over prosperity instead, declared that the boom of the late 1990s was a result of Reagan’s tax cuts in the early 1980s. Of course, they’re now insisting that good news in mid-2021 is somehow a vindication of stuff Trump did almost four years earlier.

The truth is that Reagan doesn’t even deserve much credit for the boom of 1983-84; most of the credit should go instead to the Federal Reserve, which slashed interest rates in 1982.

But how much credit should Biden get for job growth in 2021? Not all of it, certainly, but quite a lot.

The American Rescue Plan, which greatly increased the purchasing power of American consumers, has surely been an important driver of growth. Even more important, however, has been the rapid rise in vaccination rates, which has led to a plunge in the infection and death rates. Some of us predicted long ago that the U.S. would experience a rapid, “V-shaped” recovery once the pandemic subsided and the economy could reopen; well, the success of the vaccination drive has brought us to that moment.

And political leadership has had a lot to do with rapid vaccination. Yes, the vaccines themselves were developed before Biden took office, and the Trump administration had ordered millions of doses. But the Biden administration took much stronger steps than its predecessor had to coordinate vaccine distribution and get shots into arms.

More generally, anyone who doubts the importance of political leadership in progress against Covid-19 should look at the differences in vaccination rates across states, which have a stunning correlation with partisanship: States that voted for Biden have been much more successful than Trump states in getting their residents vaccinated.

So yes, we are having another morning in America, and Biden deserves more credit for his good morning than Reagan ever did for his.

Obviously things could still go wrong. Vaccination rates have slowed down, in part because of resistance in red states, and the large number of still-unvaccinated Americans makes a wave of new outbreaks possible. Also, while I’m in the camp that sees the current inflation as a transitory problem, we could be wrong.

Above all, short-run economic success is no guarantee of good long-term results. Many people have forgotten the widespread economic despair that prevailed just a few years after Reagan’s triumphalism.

But right now the economic news is good. And Joe Biden has every right to crow about it."

https://www.nytimes.com/2021/07/05/opin ... e=Homepage
User avatar
youthathletics
Posts: 15795
Joined: Mon Jul 30, 2018 7:36 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by youthathletics »

seacoaster wrote: Tue Jul 06, 2021 6:40 am
How proud you must be to amplify Hannity's/McEnany's/FNC's narrative. Bet you had your flag waving. Meanwhile, in America...

"Last Tuesday President Biden’s Council of Economic Advisers published a blog post warning everyone not to make too much of any one month’s employment report. It presumably released this in advance of Friday’s report to fend off possible accusations that it was just trying to make excuses for a weak number. As it happened, however, the report came in strong: The economy added an impressive 850,000 jobs.

The job gain was especially impressive given widespread claims that businesses couldn’t expand because generous unemployment benefits were discouraging workers from taking jobs. (Recent benefit cuts in many states came too late to have affected this report.) Well, somehow employers are managing to hire a lot of people anyway.

Oh, and so much for Donald Trump’s warnings that there would be a “Biden depression” if he weren’t re-elected.

That said, the council’s points were well taken. Covid-19 created huge dislocations in the economy, and as we recover from these dislocations economic data are unusually noisy — largely because the standard adjustments statisticians make to smooth out things like seasonal variation don’t work well in an economy still distorted by the pandemic.

At this point, however, we have enough data in hand to declare that the economy is booming. In fact, it’s booming so strongly that Republicans have pivoted from claiming (falsely) that we’re experiencing the worst job performance in decades to lauding the employment numbers and giving credit to … Trump’s 2017 tax cut.

Back to that in a minute. First, let’s try to put this boom in context, by noting that the economy is running hotter than it did during the “Morning in America” boom that gave Ronald Reagan a landslide victory in the 1984 presidential election.

We’ve gained three million jobs since Biden took office, or 600,000 jobs a month. This compares with gains of 340,000 a month in the year leading up to the 1984 election.

To be fair, Reagan-era job gains took place from a lower base, so it may be more appropriate to compare growth rates. But this still gives Biden the advantage: 5 percent at an annual rate, versus 4.4 percent in 1983-84. And the disparity grows if you compare jobs with the working-age population, which was growing around 1 percent a year in the 1980s but has stagnated in recent years.

So it’s a boom. What’s behind it?

The Republican determination to attribute everything good that happens to tax cuts is almost beyond parody. Some of us still remember how practically everyone in the G.O.P. predicted disaster after Bill Clinton raised taxes, then, when he presided over prosperity instead, declared that the boom of the late 1990s was a result of Reagan’s tax cuts in the early 1980s. Of course, they’re now insisting that good news in mid-2021 is somehow a vindication of stuff Trump did almost four years earlier.

The truth is that Reagan doesn’t even deserve much credit for the boom of 1983-84; most of the credit should go instead to the Federal Reserve, which slashed interest rates in 1982.

But how much credit should Biden get for job growth in 2021? Not all of it, certainly, but quite a lot.

The American Rescue Plan, which greatly increased the purchasing power of American consumers, has surely been an important driver of growth. Even more important, however, has been the rapid rise in vaccination rates, which has led to a plunge in the infection and death rates. Some of us predicted long ago that the U.S. would experience a rapid, “V-shaped” recovery once the pandemic subsided and the economy could reopen; well, the success of the vaccination drive has brought us to that moment.

And political leadership has had a lot to do with rapid vaccination. Yes, the vaccines themselves were developed before Biden took office, and the Trump administration had ordered millions of doses. But the Biden administration took much stronger steps than its predecessor had to coordinate vaccine distribution and get shots into arms.

More generally, anyone who doubts the importance of political leadership in progress against Covid-19 should look at the differences in vaccination rates across states, which have a stunning correlation with partisanship: States that voted for Biden have been much more successful than Trump states in getting their residents vaccinated.

So yes, we are having another morning in America, and Biden deserves more credit for his good morning than Reagan ever did for his.

Obviously things could still go wrong. Vaccination rates have slowed down, in part because of resistance in red states, and the large number of still-unvaccinated Americans makes a wave of new outbreaks possible. Also, while I’m in the camp that sees the current inflation as a transitory problem, we could be wrong.

Above all, short-run economic success is no guarantee of good long-term results. Many people have forgotten the widespread economic despair that prevailed just a few years after Reagan’s triumphalism.

But right now the economic news is good. And Joe Biden has every right to crow about it."

https://www.nytimes.com/2021/07/05/opin ... e=Homepage
So your reply to watching Joe barely capable of walking and chewing gun is to attack Hannity.

We should be asking, Who in the hell is running this place.....considering Joe must be briefed and pull out index cards after damned near every question.

Meanwhile....US left Afghan airfield at night, didn't tell new commander

This is hopeful for both sides.
A fraudulent intent, however carefully concealed at the outset, will generally, in the end, betray itself.
~Livy


“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
User avatar
cradleandshoot
Posts: 15337
Joined: Fri Oct 05, 2018 4:42 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by cradleandshoot »

youthathletics wrote: Tue Jul 06, 2021 8:19 am
seacoaster wrote: Tue Jul 06, 2021 6:40 am
How proud you must be to amplify Hannity's/McEnany's/FNC's narrative. Bet you had your flag waving. Meanwhile, in America...

"Last Tuesday President Biden’s Council of Economic Advisers published a blog post warning everyone not to make too much of any one month’s employment report. It presumably released this in advance of Friday’s report to fend off possible accusations that it was just trying to make excuses for a weak number. As it happened, however, the report came in strong: The economy added an impressive 850,000 jobs.

The job gain was especially impressive given widespread claims that businesses couldn’t expand because generous unemployment benefits were discouraging workers from taking jobs. (Recent benefit cuts in many states came too late to have affected this report.) Well, somehow employers are managing to hire a lot of people anyway.

Oh, and so much for Donald Trump’s warnings that there would be a “Biden depression” if he weren’t re-elected.

That said, the council’s points were well taken. Covid-19 created huge dislocations in the economy, and as we recover from these dislocations economic data are unusually noisy — largely because the standard adjustments statisticians make to smooth out things like seasonal variation don’t work well in an economy still distorted by the pandemic.

At this point, however, we have enough data in hand to declare that the economy is booming. In fact, it’s booming so strongly that Republicans have pivoted from claiming (falsely) that we’re experiencing the worst job performance in decades to lauding the employment numbers and giving credit to … Trump’s 2017 tax cut.

Back to that in a minute. First, let’s try to put this boom in context, by noting that the economy is running hotter than it did during the “Morning in America” boom that gave Ronald Reagan a landslide victory in the 1984 presidential election.

We’ve gained three million jobs since Biden took office, or 600,000 jobs a month. This compares with gains of 340,000 a month in the year leading up to the 1984 election.

To be fair, Reagan-era job gains took place from a lower base, so it may be more appropriate to compare growth rates. But this still gives Biden the advantage: 5 percent at an annual rate, versus 4.4 percent in 1983-84. And the disparity grows if you compare jobs with the working-age population, which was growing around 1 percent a year in the 1980s but has stagnated in recent years.

So it’s a boom. What’s behind it?

The Republican determination to attribute everything good that happens to tax cuts is almost beyond parody. Some of us still remember how practically everyone in the G.O.P. predicted disaster after Bill Clinton raised taxes, then, when he presided over prosperity instead, declared that the boom of the late 1990s was a result of Reagan’s tax cuts in the early 1980s. Of course, they’re now insisting that good news in mid-2021 is somehow a vindication of stuff Trump did almost four years earlier.

The truth is that Reagan doesn’t even deserve much credit for the boom of 1983-84; most of the credit should go instead to the Federal Reserve, which slashed interest rates in 1982.

But how much credit should Biden get for job growth in 2021? Not all of it, certainly, but quite a lot.

The American Rescue Plan, which greatly increased the purchasing power of American consumers, has surely been an important driver of growth. Even more important, however, has been the rapid rise in vaccination rates, which has led to a plunge in the infection and death rates. Some of us predicted long ago that the U.S. would experience a rapid, “V-shaped” recovery once the pandemic subsided and the economy could reopen; well, the success of the vaccination drive has brought us to that moment.

And political leadership has had a lot to do with rapid vaccination. Yes, the vaccines themselves were developed before Biden took office, and the Trump administration had ordered millions of doses. But the Biden administration took much stronger steps than its predecessor had to coordinate vaccine distribution and get shots into arms.

More generally, anyone who doubts the importance of political leadership in progress against Covid-19 should look at the differences in vaccination rates across states, which have a stunning correlation with partisanship: States that voted for Biden have been much more successful than Trump states in getting their residents vaccinated.

So yes, we are having another morning in America, and Biden deserves more credit for his good morning than Reagan ever did for his.

Obviously things could still go wrong. Vaccination rates have slowed down, in part because of resistance in red states, and the large number of still-unvaccinated Americans makes a wave of new outbreaks possible. Also, while I’m in the camp that sees the current inflation as a transitory problem, we could be wrong.

Above all, short-run economic success is no guarantee of good long-term results. Many people have forgotten the widespread economic despair that prevailed just a few years after Reagan’s triumphalism.

But right now the economic news is good. And Joe Biden has every right to crow about it."

https://www.nytimes.com/2021/07/05/opin ... e=Homepage
So your reply to watching Joe barely capable of walking and chewing gun is to attack Hannity.

We should be asking, Who in the hell is running this place.....considering Joe must be briefed and pull out index cards after damned near every question.

Meanwhile....US left Afghan airfield at night, didn't tell new commander

This is hopeful for both sides.
Way back in HS they were called "crib notes" They are now the only solution for a POTUS who has nothing left between his ears but scrambled eggs. We still need Joe to hang on. His VP is making Sarah Palin look like a Rhodes Scholar right about now.
We don't make mistakes, we have happy accidents.
Bob Ross:
kramerica.inc
Posts: 6380
Joined: Sun Jul 29, 2018 9:01 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by kramerica.inc »

Remember when the left was outraged when Bush 2 was called a puppet for Cheney etc.? :lol: :oops:
seacoaster
Posts: 8866
Joined: Thu Aug 02, 2018 4:36 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by seacoaster »

youthathletics wrote: Tue Jul 06, 2021 8:19 am
seacoaster wrote: Tue Jul 06, 2021 6:40 am
How proud you must be to amplify Hannity's/McEnany's/FNC's narrative. Bet you had your flag waving. Meanwhile, in America...

"Last Tuesday President Biden’s Council of Economic Advisers published a blog post warning everyone not to make too much of any one month’s employment report. It presumably released this in advance of Friday’s report to fend off possible accusations that it was just trying to make excuses for a weak number. As it happened, however, the report came in strong: The economy added an impressive 850,000 jobs.

The job gain was especially impressive given widespread claims that businesses couldn’t expand because generous unemployment benefits were discouraging workers from taking jobs. (Recent benefit cuts in many states came too late to have affected this report.) Well, somehow employers are managing to hire a lot of people anyway.

Oh, and so much for Donald Trump’s warnings that there would be a “Biden depression” if he weren’t re-elected.

That said, the council’s points were well taken. Covid-19 created huge dislocations in the economy, and as we recover from these dislocations economic data are unusually noisy — largely because the standard adjustments statisticians make to smooth out things like seasonal variation don’t work well in an economy still distorted by the pandemic.

At this point, however, we have enough data in hand to declare that the economy is booming. In fact, it’s booming so strongly that Republicans have pivoted from claiming (falsely) that we’re experiencing the worst job performance in decades to lauding the employment numbers and giving credit to … Trump’s 2017 tax cut.

Back to that in a minute. First, let’s try to put this boom in context, by noting that the economy is running hotter than it did during the “Morning in America” boom that gave Ronald Reagan a landslide victory in the 1984 presidential election.

We’ve gained three million jobs since Biden took office, or 600,000 jobs a month. This compares with gains of 340,000 a month in the year leading up to the 1984 election.

To be fair, Reagan-era job gains took place from a lower base, so it may be more appropriate to compare growth rates. But this still gives Biden the advantage: 5 percent at an annual rate, versus 4.4 percent in 1983-84. And the disparity grows if you compare jobs with the working-age population, which was growing around 1 percent a year in the 1980s but has stagnated in recent years.

So it’s a boom. What’s behind it?

The Republican determination to attribute everything good that happens to tax cuts is almost beyond parody. Some of us still remember how practically everyone in the G.O.P. predicted disaster after Bill Clinton raised taxes, then, when he presided over prosperity instead, declared that the boom of the late 1990s was a result of Reagan’s tax cuts in the early 1980s. Of course, they’re now insisting that good news in mid-2021 is somehow a vindication of stuff Trump did almost four years earlier.

The truth is that Reagan doesn’t even deserve much credit for the boom of 1983-84; most of the credit should go instead to the Federal Reserve, which slashed interest rates in 1982.

But how much credit should Biden get for job growth in 2021? Not all of it, certainly, but quite a lot.

The American Rescue Plan, which greatly increased the purchasing power of American consumers, has surely been an important driver of growth. Even more important, however, has been the rapid rise in vaccination rates, which has led to a plunge in the infection and death rates. Some of us predicted long ago that the U.S. would experience a rapid, “V-shaped” recovery once the pandemic subsided and the economy could reopen; well, the success of the vaccination drive has brought us to that moment.

And political leadership has had a lot to do with rapid vaccination. Yes, the vaccines themselves were developed before Biden took office, and the Trump administration had ordered millions of doses. But the Biden administration took much stronger steps than its predecessor had to coordinate vaccine distribution and get shots into arms.

More generally, anyone who doubts the importance of political leadership in progress against Covid-19 should look at the differences in vaccination rates across states, which have a stunning correlation with partisanship: States that voted for Biden have been much more successful than Trump states in getting their residents vaccinated.

So yes, we are having another morning in America, and Biden deserves more credit for his good morning than Reagan ever did for his.

Obviously things could still go wrong. Vaccination rates have slowed down, in part because of resistance in red states, and the large number of still-unvaccinated Americans makes a wave of new outbreaks possible. Also, while I’m in the camp that sees the current inflation as a transitory problem, we could be wrong.

Above all, short-run economic success is no guarantee of good long-term results. Many people have forgotten the widespread economic despair that prevailed just a few years after Reagan’s triumphalism.

But right now the economic news is good. And Joe Biden has every right to crow about it."

https://www.nytimes.com/2021/07/05/opin ... e=Homepage
So your reply to watching Joe barely capable of walking and chewing gun is to attack Hannity.

We should be asking, Who in the hell is running this place.....considering Joe must be briefed and pull out index cards after damned near every question.

Meanwhile....US left Afghan airfield at night, didn't tell new commander

This is hopeful for both sides.
Well, umm, no. My reply was that Kramer appears to have swallowed Kayleigh's little narrative and amplified it here...and that the country otherwise appears to be in good and competent hands insofar as the economy and management of the coronavirus is concerned.

The President refers to notes!!!!! Oh nooooooooooooo.

And C&S comparing Vice President Harris to the Mayor of Wasilla. You guys are just a little sad at this point.
User avatar
MDlaxfan76
Posts: 27066
Joined: Wed Aug 01, 2018 5:40 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by MDlaxfan76 »

youthathletics wrote: Tue Jul 06, 2021 8:19 am
seacoaster wrote: Tue Jul 06, 2021 6:40 am
How proud you must be to amplify Hannity's/McEnany's/FNC's narrative. Bet you had your flag waving. Meanwhile, in America...

"Last Tuesday President Biden’s Council of Economic Advisers published a blog post warning everyone not to make too much of any one month’s employment report. It presumably released this in advance of Friday’s report to fend off possible accusations that it was just trying to make excuses for a weak number. As it happened, however, the report came in strong: The economy added an impressive 850,000 jobs.

The job gain was especially impressive given widespread claims that businesses couldn’t expand because generous unemployment benefits were discouraging workers from taking jobs. (Recent benefit cuts in many states came too late to have affected this report.) Well, somehow employers are managing to hire a lot of people anyway.

Oh, and so much for Donald Trump’s warnings that there would be a “Biden depression” if he weren’t re-elected.

That said, the council’s points were well taken. Covid-19 created huge dislocations in the economy, and as we recover from these dislocations economic data are unusually noisy — largely because the standard adjustments statisticians make to smooth out things like seasonal variation don’t work well in an economy still distorted by the pandemic.

At this point, however, we have enough data in hand to declare that the economy is booming. In fact, it’s booming so strongly that Republicans have pivoted from claiming (falsely) that we’re experiencing the worst job performance in decades to lauding the employment numbers and giving credit to … Trump’s 2017 tax cut.

Back to that in a minute. First, let’s try to put this boom in context, by noting that the economy is running hotter than it did during the “Morning in America” boom that gave Ronald Reagan a landslide victory in the 1984 presidential election.

We’ve gained three million jobs since Biden took office, or 600,000 jobs a month. This compares with gains of 340,000 a month in the year leading up to the 1984 election.

To be fair, Reagan-era job gains took place from a lower base, so it may be more appropriate to compare growth rates. But this still gives Biden the advantage: 5 percent at an annual rate, versus 4.4 percent in 1983-84. And the disparity grows if you compare jobs with the working-age population, which was growing around 1 percent a year in the 1980s but has stagnated in recent years.

So it’s a boom. What’s behind it?

The Republican determination to attribute everything good that happens to tax cuts is almost beyond parody. Some of us still remember how practically everyone in the G.O.P. predicted disaster after Bill Clinton raised taxes, then, when he presided over prosperity instead, declared that the boom of the late 1990s was a result of Reagan’s tax cuts in the early 1980s. Of course, they’re now insisting that good news in mid-2021 is somehow a vindication of stuff Trump did almost four years earlier.

The truth is that Reagan doesn’t even deserve much credit for the boom of 1983-84; most of the credit should go instead to the Federal Reserve, which slashed interest rates in 1982.

But how much credit should Biden get for job growth in 2021? Not all of it, certainly, but quite a lot.

The American Rescue Plan, which greatly increased the purchasing power of American consumers, has surely been an important driver of growth. Even more important, however, has been the rapid rise in vaccination rates, which has led to a plunge in the infection and death rates. Some of us predicted long ago that the U.S. would experience a rapid, “V-shaped” recovery once the pandemic subsided and the economy could reopen; well, the success of the vaccination drive has brought us to that moment.

And political leadership has had a lot to do with rapid vaccination. Yes, the vaccines themselves were developed before Biden took office, and the Trump administration had ordered millions of doses. But the Biden administration took much stronger steps than its predecessor had to coordinate vaccine distribution and get shots into arms.

More generally, anyone who doubts the importance of political leadership in progress against Covid-19 should look at the differences in vaccination rates across states, which have a stunning correlation with partisanship: States that voted for Biden have been much more successful than Trump states in getting their residents vaccinated.

So yes, we are having another morning in America, and Biden deserves more credit for his good morning than Reagan ever did for his.

Obviously things could still go wrong. Vaccination rates have slowed down, in part because of resistance in red states, and the large number of still-unvaccinated Americans makes a wave of new outbreaks possible. Also, while I’m in the camp that sees the current inflation as a transitory problem, we could be wrong.

Above all, short-run economic success is no guarantee of good long-term results. Many people have forgotten the widespread economic despair that prevailed just a few years after Reagan’s triumphalism.

But right now the economic news is good. And Joe Biden has every right to crow about it."

https://www.nytimes.com/2021/07/05/opin ... e=Homepage
So your reply to watching Joe barely capable of walking and chewing gun is to attack Hannity.

We should be asking, Who in the hell is running this place.....considering Joe must be briefed and pull out index cards after damned near every question.

Meanwhile....US left Afghan airfield at night, didn't tell new commander

This is hopeful for both sides.
Afghanistan is the one area that I think is actually a serious error and going to be very problematic for this Administration; this other nonsense from you guys is indeed just 'sad' as seacoaster says.
User avatar
cradleandshoot
Posts: 15337
Joined: Fri Oct 05, 2018 4:42 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by cradleandshoot »

seacoaster wrote: Tue Jul 06, 2021 9:23 am
youthathletics wrote: Tue Jul 06, 2021 8:19 am
seacoaster wrote: Tue Jul 06, 2021 6:40 am
How proud you must be to amplify Hannity's/McEnany's/FNC's narrative. Bet you had your flag waving. Meanwhile, in America...

"Last Tuesday President Biden’s Council of Economic Advisers published a blog post warning everyone not to make too much of any one month’s employment report. It presumably released this in advance of Friday’s report to fend off possible accusations that it was just trying to make excuses for a weak number. As it happened, however, the report came in strong: The economy added an impressive 850,000 jobs.

The job gain was especially impressive given widespread claims that businesses couldn’t expand because generous unemployment benefits were discouraging workers from taking jobs. (Recent benefit cuts in many states came too late to have affected this report.) Well, somehow employers are managing to hire a lot of people anyway.

Oh, and so much for Donald Trump’s warnings that there would be a “Biden depression” if he weren’t re-elected.

That said, the council’s points were well taken. Covid-19 created huge dislocations in the economy, and as we recover from these dislocations economic data are unusually noisy — largely because the standard adjustments statisticians make to smooth out things like seasonal variation don’t work well in an economy still distorted by the pandemic.

At this point, however, we have enough data in hand to declare that the economy is booming. In fact, it’s booming so strongly that Republicans have pivoted from claiming (falsely) that we’re experiencing the worst job performance in decades to lauding the employment numbers and giving credit to … Trump’s 2017 tax cut.

Back to that in a minute. First, let’s try to put this boom in context, by noting that the economy is running hotter than it did during the “Morning in America” boom that gave Ronald Reagan a landslide victory in the 1984 presidential election.

We’ve gained three million jobs since Biden took office, or 600,000 jobs a month. This compares with gains of 340,000 a month in the year leading up to the 1984 election.

To be fair, Reagan-era job gains took place from a lower base, so it may be more appropriate to compare growth rates. But this still gives Biden the advantage: 5 percent at an annual rate, versus 4.4 percent in 1983-84. And the disparity grows if you compare jobs with the working-age population, which was growing around 1 percent a year in the 1980s but has stagnated in recent years.

So it’s a boom. What’s behind it?

The Republican determination to attribute everything good that happens to tax cuts is almost beyond parody. Some of us still remember how practically everyone in the G.O.P. predicted disaster after Bill Clinton raised taxes, then, when he presided over prosperity instead, declared that the boom of the late 1990s was a result of Reagan’s tax cuts in the early 1980s. Of course, they’re now insisting that good news in mid-2021 is somehow a vindication of stuff Trump did almost four years earlier.

The truth is that Reagan doesn’t even deserve much credit for the boom of 1983-84; most of the credit should go instead to the Federal Reserve, which slashed interest rates in 1982.

But how much credit should Biden get for job growth in 2021? Not all of it, certainly, but quite a lot.

The American Rescue Plan, which greatly increased the purchasing power of American consumers, has surely been an important driver of growth. Even more important, however, has been the rapid rise in vaccination rates, which has led to a plunge in the infection and death rates. Some of us predicted long ago that the U.S. would experience a rapid, “V-shaped” recovery once the pandemic subsided and the economy could reopen; well, the success of the vaccination drive has brought us to that moment.

And political leadership has had a lot to do with rapid vaccination. Yes, the vaccines themselves were developed before Biden took office, and the Trump administration had ordered millions of doses. But the Biden administration took much stronger steps than its predecessor had to coordinate vaccine distribution and get shots into arms.

More generally, anyone who doubts the importance of political leadership in progress against Covid-19 should look at the differences in vaccination rates across states, which have a stunning correlation with partisanship: States that voted for Biden have been much more successful than Trump states in getting their residents vaccinated.

So yes, we are having another morning in America, and Biden deserves more credit for his good morning than Reagan ever did for his.

Obviously things could still go wrong. Vaccination rates have slowed down, in part because of resistance in red states, and the large number of still-unvaccinated Americans makes a wave of new outbreaks possible. Also, while I’m in the camp that sees the current inflation as a transitory problem, we could be wrong.

Above all, short-run economic success is no guarantee of good long-term results. Many people have forgotten the widespread economic despair that prevailed just a few years after Reagan’s triumphalism.

But right now the economic news is good. And Joe Biden has every right to crow about it."

https://www.nytimes.com/2021/07/05/opin ... e=Homepage
So your reply to watching Joe barely capable of walking and chewing gun is to attack Hannity.

We should be asking, Who in the hell is running this place.....considering Joe must be briefed and pull out index cards after damned near every question.

Meanwhile....US left Afghan airfield at night, didn't tell new commander

This is hopeful for both sides.
Well, umm, no. My reply was that Kramer appears to have swallowed Kayleigh's little narrative and amplified it here...and that the country otherwise appears to be in good and competent hands insofar as the economy and management of the coronavirus is concerned.

The President refers to notes!!!!! Oh nooooooooooooo.

And C&S comparing Vice President Harris to the Mayor of Wasilla. You guys are just a little sad at this point.
Our POTUS needs to refer back to notes on subjects he was just briefed about?? Got it. What is sad is that our VPs staff has admitted openly the office of the VPOTUS is kind of a cluster fudge right now. Her own people can see it but you can't. Got it...

https://www.yahoo.com/lifestyle/vice-pr ... 22793.html

When it comes to VP Harris... see no evil, hear no evil and speak no evil... Got it Lima Charlie ;)
We don't make mistakes, we have happy accidents.
Bob Ross:
seacoaster
Posts: 8866
Joined: Thu Aug 02, 2018 4:36 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by seacoaster »

cradleandshoot wrote: Tue Jul 06, 2021 9:53 am
seacoaster wrote: Tue Jul 06, 2021 9:23 am
youthathletics wrote: Tue Jul 06, 2021 8:19 am
seacoaster wrote: Tue Jul 06, 2021 6:40 am
How proud you must be to amplify Hannity's/McEnany's/FNC's narrative. Bet you had your flag waving. Meanwhile, in America...

"Last Tuesday President Biden’s Council of Economic Advisers published a blog post warning everyone not to make too much of any one month’s employment report. It presumably released this in advance of Friday’s report to fend off possible accusations that it was just trying to make excuses for a weak number. As it happened, however, the report came in strong: The economy added an impressive 850,000 jobs.

The job gain was especially impressive given widespread claims that businesses couldn’t expand because generous unemployment benefits were discouraging workers from taking jobs. (Recent benefit cuts in many states came too late to have affected this report.) Well, somehow employers are managing to hire a lot of people anyway.

Oh, and so much for Donald Trump’s warnings that there would be a “Biden depression” if he weren’t re-elected.

That said, the council’s points were well taken. Covid-19 created huge dislocations in the economy, and as we recover from these dislocations economic data are unusually noisy — largely because the standard adjustments statisticians make to smooth out things like seasonal variation don’t work well in an economy still distorted by the pandemic.

At this point, however, we have enough data in hand to declare that the economy is booming. In fact, it’s booming so strongly that Republicans have pivoted from claiming (falsely) that we’re experiencing the worst job performance in decades to lauding the employment numbers and giving credit to … Trump’s 2017 tax cut.

Back to that in a minute. First, let’s try to put this boom in context, by noting that the economy is running hotter than it did during the “Morning in America” boom that gave Ronald Reagan a landslide victory in the 1984 presidential election.

We’ve gained three million jobs since Biden took office, or 600,000 jobs a month. This compares with gains of 340,000 a month in the year leading up to the 1984 election.

To be fair, Reagan-era job gains took place from a lower base, so it may be more appropriate to compare growth rates. But this still gives Biden the advantage: 5 percent at an annual rate, versus 4.4 percent in 1983-84. And the disparity grows if you compare jobs with the working-age population, which was growing around 1 percent a year in the 1980s but has stagnated in recent years.

So it’s a boom. What’s behind it?

The Republican determination to attribute everything good that happens to tax cuts is almost beyond parody. Some of us still remember how practically everyone in the G.O.P. predicted disaster after Bill Clinton raised taxes, then, when he presided over prosperity instead, declared that the boom of the late 1990s was a result of Reagan’s tax cuts in the early 1980s. Of course, they’re now insisting that good news in mid-2021 is somehow a vindication of stuff Trump did almost four years earlier.

The truth is that Reagan doesn’t even deserve much credit for the boom of 1983-84; most of the credit should go instead to the Federal Reserve, which slashed interest rates in 1982.

But how much credit should Biden get for job growth in 2021? Not all of it, certainly, but quite a lot.

The American Rescue Plan, which greatly increased the purchasing power of American consumers, has surely been an important driver of growth. Even more important, however, has been the rapid rise in vaccination rates, which has led to a plunge in the infection and death rates. Some of us predicted long ago that the U.S. would experience a rapid, “V-shaped” recovery once the pandemic subsided and the economy could reopen; well, the success of the vaccination drive has brought us to that moment.

And political leadership has had a lot to do with rapid vaccination. Yes, the vaccines themselves were developed before Biden took office, and the Trump administration had ordered millions of doses. But the Biden administration took much stronger steps than its predecessor had to coordinate vaccine distribution and get shots into arms.

More generally, anyone who doubts the importance of political leadership in progress against Covid-19 should look at the differences in vaccination rates across states, which have a stunning correlation with partisanship: States that voted for Biden have been much more successful than Trump states in getting their residents vaccinated.

So yes, we are having another morning in America, and Biden deserves more credit for his good morning than Reagan ever did for his.

Obviously things could still go wrong. Vaccination rates have slowed down, in part because of resistance in red states, and the large number of still-unvaccinated Americans makes a wave of new outbreaks possible. Also, while I’m in the camp that sees the current inflation as a transitory problem, we could be wrong.

Above all, short-run economic success is no guarantee of good long-term results. Many people have forgotten the widespread economic despair that prevailed just a few years after Reagan’s triumphalism.

But right now the economic news is good. And Joe Biden has every right to crow about it."

https://www.nytimes.com/2021/07/05/opin ... e=Homepage
So your reply to watching Joe barely capable of walking and chewing gun is to attack Hannity.

We should be asking, Who in the hell is running this place.....considering Joe must be briefed and pull out index cards after damned near every question.

Meanwhile....US left Afghan airfield at night, didn't tell new commander

This is hopeful for both sides.
Well, umm, no. My reply was that Kramer appears to have swallowed Kayleigh's little narrative and amplified it here...and that the country otherwise appears to be in good and competent hands insofar as the economy and management of the coronavirus is concerned.

The President refers to notes!!!!! Oh nooooooooooooo.

And C&S comparing Vice President Harris to the Mayor of Wasilla. You guys are just a little sad at this point.
Our POTUS needs to refer back to notes on subjects he was just briefed about?? Got it. What is sad is that our VPs staff has admitted openly the office of the VPOTUS is kind of a cluster fudge right now. Her own people can see it but you can't. Got it...

https://www.yahoo.com/lifestyle/vice-pr ... 22793.html

When it comes to VP Harris... see no evil, hear no evil and speak no evil... Got it Lima Charlie ;)
You read something called/from “MadameNoir”?
User avatar
cradleandshoot
Posts: 15337
Joined: Fri Oct 05, 2018 4:42 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by cradleandshoot »

seacoaster wrote: Tue Jul 06, 2021 11:49 am
cradleandshoot wrote: Tue Jul 06, 2021 9:53 am
seacoaster wrote: Tue Jul 06, 2021 9:23 am
youthathletics wrote: Tue Jul 06, 2021 8:19 am
seacoaster wrote: Tue Jul 06, 2021 6:40 am
How proud you must be to amplify Hannity's/McEnany's/FNC's narrative. Bet you had your flag waving. Meanwhile, in America...

"Last Tuesday President Biden’s Council of Economic Advisers published a blog post warning everyone not to make too much of any one month’s employment report. It presumably released this in advance of Friday’s report to fend off possible accusations that it was just trying to make excuses for a weak number. As it happened, however, the report came in strong: The economy added an impressive 850,000 jobs.

The job gain was especially impressive given widespread claims that businesses couldn’t expand because generous unemployment benefits were discouraging workers from taking jobs. (Recent benefit cuts in many states came too late to have affected this report.) Well, somehow employers are managing to hire a lot of people anyway.

Oh, and so much for Donald Trump’s warnings that there would be a “Biden depression” if he weren’t re-elected.

That said, the council’s points were well taken. Covid-19 created huge dislocations in the economy, and as we recover from these dislocations economic data are unusually noisy — largely because the standard adjustments statisticians make to smooth out things like seasonal variation don’t work well in an economy still distorted by the pandemic.

At this point, however, we have enough data in hand to declare that the economy is booming. In fact, it’s booming so strongly that Republicans have pivoted from claiming (falsely) that we’re experiencing the worst job performance in decades to lauding the employment numbers and giving credit to … Trump’s 2017 tax cut.

Back to that in a minute. First, let’s try to put this boom in context, by noting that the economy is running hotter than it did during the “Morning in America” boom that gave Ronald Reagan a landslide victory in the 1984 presidential election.

We’ve gained three million jobs since Biden took office, or 600,000 jobs a month. This compares with gains of 340,000 a month in the year leading up to the 1984 election.

To be fair, Reagan-era job gains took place from a lower base, so it may be more appropriate to compare growth rates. But this still gives Biden the advantage: 5 percent at an annual rate, versus 4.4 percent in 1983-84. And the disparity grows if you compare jobs with the working-age population, which was growing around 1 percent a year in the 1980s but has stagnated in recent years.

So it’s a boom. What’s behind it?

The Republican determination to attribute everything good that happens to tax cuts is almost beyond parody. Some of us still remember how practically everyone in the G.O.P. predicted disaster after Bill Clinton raised taxes, then, when he presided over prosperity instead, declared that the boom of the late 1990s was a result of Reagan’s tax cuts in the early 1980s. Of course, they’re now insisting that good news in mid-2021 is somehow a vindication of stuff Trump did almost four years earlier.

The truth is that Reagan doesn’t even deserve much credit for the boom of 1983-84; most of the credit should go instead to the Federal Reserve, which slashed interest rates in 1982.

But how much credit should Biden get for job growth in 2021? Not all of it, certainly, but quite a lot.

The American Rescue Plan, which greatly increased the purchasing power of American consumers, has surely been an important driver of growth. Even more important, however, has been the rapid rise in vaccination rates, which has led to a plunge in the infection and death rates. Some of us predicted long ago that the U.S. would experience a rapid, “V-shaped” recovery once the pandemic subsided and the economy could reopen; well, the success of the vaccination drive has brought us to that moment.

And political leadership has had a lot to do with rapid vaccination. Yes, the vaccines themselves were developed before Biden took office, and the Trump administration had ordered millions of doses. But the Biden administration took much stronger steps than its predecessor had to coordinate vaccine distribution and get shots into arms.

More generally, anyone who doubts the importance of political leadership in progress against Covid-19 should look at the differences in vaccination rates across states, which have a stunning correlation with partisanship: States that voted for Biden have been much more successful than Trump states in getting their residents vaccinated.

So yes, we are having another morning in America, and Biden deserves more credit for his good morning than Reagan ever did for his.

Obviously things could still go wrong. Vaccination rates have slowed down, in part because of resistance in red states, and the large number of still-unvaccinated Americans makes a wave of new outbreaks possible. Also, while I’m in the camp that sees the current inflation as a transitory problem, we could be wrong.

Above all, short-run economic success is no guarantee of good long-term results. Many people have forgotten the widespread economic despair that prevailed just a few years after Reagan’s triumphalism.

But right now the economic news is good. And Joe Biden has every right to crow about it."

https://www.nytimes.com/2021/07/05/opin ... e=Homepage
So your reply to watching Joe barely capable of walking and chewing gun is to attack Hannity.

We should be asking, Who in the hell is running this place.....considering Joe must be briefed and pull out index cards after damned near every question.

Meanwhile....US left Afghan airfield at night, didn't tell new commander

This is hopeful for both sides.
Well, umm, no. My reply was that Kramer appears to have swallowed Kayleigh's little narrative and amplified it here...and that the country otherwise appears to be in good and competent hands insofar as the economy and management of the coronavirus is concerned.

The President refers to notes!!!!! Oh nooooooooooooo.

And C&S comparing Vice President Harris to the Mayor of Wasilla. You guys are just a little sad at this point.
Our POTUS needs to refer back to notes on subjects he was just briefed about?? Got it. What is sad is that our VPs staff has admitted openly the office of the VPOTUS is kind of a cluster fudge right now. Her own people can see it but you can't. Got it...

https://www.yahoo.com/lifestyle/vice-pr ... 22793.html

When it comes to VP Harris... see no evil, hear no evil and speak no evil... Got it Lima Charlie ;)
You read something called/from “MadameNoir”?
It does not matter where I read it, what matters is if it's true. There are a bunch of FLP posters on this forum that link to regurgitated crap from Salon. VP Harris is not and never will be huggable and loveable. That freaking annoying cackling laugh... :roll:
We don't make mistakes, we have happy accidents.
Bob Ross:
seacoaster
Posts: 8866
Joined: Thu Aug 02, 2018 4:36 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by seacoaster »

cradleandshoot wrote: Tue Jul 06, 2021 11:59 am
seacoaster wrote: Tue Jul 06, 2021 11:49 am
cradleandshoot wrote: Tue Jul 06, 2021 9:53 am
seacoaster wrote: Tue Jul 06, 2021 9:23 am
youthathletics wrote: Tue Jul 06, 2021 8:19 am
seacoaster wrote: Tue Jul 06, 2021 6:40 am
How proud you must be to amplify Hannity's/McEnany's/FNC's narrative. Bet you had your flag waving. Meanwhile, in America...

"Last Tuesday President Biden’s Council of Economic Advisers published a blog post warning everyone not to make too much of any one month’s employment report. It presumably released this in advance of Friday’s report to fend off possible accusations that it was just trying to make excuses for a weak number. As it happened, however, the report came in strong: The economy added an impressive 850,000 jobs.

The job gain was especially impressive given widespread claims that businesses couldn’t expand because generous unemployment benefits were discouraging workers from taking jobs. (Recent benefit cuts in many states came too late to have affected this report.) Well, somehow employers are managing to hire a lot of people anyway.

Oh, and so much for Donald Trump’s warnings that there would be a “Biden depression” if he weren’t re-elected.

That said, the council’s points were well taken. Covid-19 created huge dislocations in the economy, and as we recover from these dislocations economic data are unusually noisy — largely because the standard adjustments statisticians make to smooth out things like seasonal variation don’t work well in an economy still distorted by the pandemic.

At this point, however, we have enough data in hand to declare that the economy is booming. In fact, it’s booming so strongly that Republicans have pivoted from claiming (falsely) that we’re experiencing the worst job performance in decades to lauding the employment numbers and giving credit to … Trump’s 2017 tax cut.

Back to that in a minute. First, let’s try to put this boom in context, by noting that the economy is running hotter than it did during the “Morning in America” boom that gave Ronald Reagan a landslide victory in the 1984 presidential election.

We’ve gained three million jobs since Biden took office, or 600,000 jobs a month. This compares with gains of 340,000 a month in the year leading up to the 1984 election.

To be fair, Reagan-era job gains took place from a lower base, so it may be more appropriate to compare growth rates. But this still gives Biden the advantage: 5 percent at an annual rate, versus 4.4 percent in 1983-84. And the disparity grows if you compare jobs with the working-age population, which was growing around 1 percent a year in the 1980s but has stagnated in recent years.

So it’s a boom. What’s behind it?

The Republican determination to attribute everything good that happens to tax cuts is almost beyond parody. Some of us still remember how practically everyone in the G.O.P. predicted disaster after Bill Clinton raised taxes, then, when he presided over prosperity instead, declared that the boom of the late 1990s was a result of Reagan’s tax cuts in the early 1980s. Of course, they’re now insisting that good news in mid-2021 is somehow a vindication of stuff Trump did almost four years earlier.

The truth is that Reagan doesn’t even deserve much credit for the boom of 1983-84; most of the credit should go instead to the Federal Reserve, which slashed interest rates in 1982.

But how much credit should Biden get for job growth in 2021? Not all of it, certainly, but quite a lot.

The American Rescue Plan, which greatly increased the purchasing power of American consumers, has surely been an important driver of growth. Even more important, however, has been the rapid rise in vaccination rates, which has led to a plunge in the infection and death rates. Some of us predicted long ago that the U.S. would experience a rapid, “V-shaped” recovery once the pandemic subsided and the economy could reopen; well, the success of the vaccination drive has brought us to that moment.

And political leadership has had a lot to do with rapid vaccination. Yes, the vaccines themselves were developed before Biden took office, and the Trump administration had ordered millions of doses. But the Biden administration took much stronger steps than its predecessor had to coordinate vaccine distribution and get shots into arms.

More generally, anyone who doubts the importance of political leadership in progress against Covid-19 should look at the differences in vaccination rates across states, which have a stunning correlation with partisanship: States that voted for Biden have been much more successful than Trump states in getting their residents vaccinated.

So yes, we are having another morning in America, and Biden deserves more credit for his good morning than Reagan ever did for his.

Obviously things could still go wrong. Vaccination rates have slowed down, in part because of resistance in red states, and the large number of still-unvaccinated Americans makes a wave of new outbreaks possible. Also, while I’m in the camp that sees the current inflation as a transitory problem, we could be wrong.

Above all, short-run economic success is no guarantee of good long-term results. Many people have forgotten the widespread economic despair that prevailed just a few years after Reagan’s triumphalism.

But right now the economic news is good. And Joe Biden has every right to crow about it."

https://www.nytimes.com/2021/07/05/opin ... e=Homepage
So your reply to watching Joe barely capable of walking and chewing gun is to attack Hannity.

We should be asking, Who in the hell is running this place.....considering Joe must be briefed and pull out index cards after damned near every question.

Meanwhile....US left Afghan airfield at night, didn't tell new commander

This is hopeful for both sides.
Well, umm, no. My reply was that Kramer appears to have swallowed Kayleigh's little narrative and amplified it here...and that the country otherwise appears to be in good and competent hands insofar as the economy and management of the coronavirus is concerned.

The President refers to notes!!!!! Oh nooooooooooooo.

And C&S comparing Vice President Harris to the Mayor of Wasilla. You guys are just a little sad at this point.
Our POTUS needs to refer back to notes on subjects he was just briefed about?? Got it. What is sad is that our VPs staff has admitted openly the office of the VPOTUS is kind of a cluster fudge right now. Her own people can see it but you can't. Got it...

https://www.yahoo.com/lifestyle/vice-pr ... 22793.html

When it comes to VP Harris... see no evil, hear no evil and speak no evil... Got it Lima Charlie ;)
You read something called/from “MadameNoir”?
It does not matter where I read it, what matters is if it's true. There are a bunch of FLP posters on this forum that link to regurgitated crap from Salon. VP Harris is not and never will be huggable and loveable. That freaking annoying cackling laugh... :roll:
Exactly; for me "huggability" is a big, maybe even decisive characteristic, when it comes to national politicians. And they have to always be really nice to staff, no matter how difficult and strenuous the job is, even when the staffer f8cks up!
User avatar
cradleandshoot
Posts: 15337
Joined: Fri Oct 05, 2018 4:42 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by cradleandshoot »

seacoaster wrote: Tue Jul 06, 2021 12:51 pm
cradleandshoot wrote: Tue Jul 06, 2021 11:59 am
seacoaster wrote: Tue Jul 06, 2021 11:49 am
cradleandshoot wrote: Tue Jul 06, 2021 9:53 am
seacoaster wrote: Tue Jul 06, 2021 9:23 am
youthathletics wrote: Tue Jul 06, 2021 8:19 am
seacoaster wrote: Tue Jul 06, 2021 6:40 am
How proud you must be to amplify Hannity's/McEnany's/FNC's narrative. Bet you had your flag waving. Meanwhile, in America...

"Last Tuesday President Biden’s Council of Economic Advisers published a blog post warning everyone not to make too much of any one month’s employment report. It presumably released this in advance of Friday’s report to fend off possible accusations that it was just trying to make excuses for a weak number. As it happened, however, the report came in strong: The economy added an impressive 850,000 jobs.

The job gain was especially impressive given widespread claims that businesses couldn’t expand because generous unemployment benefits were discouraging workers from taking jobs. (Recent benefit cuts in many states came too late to have affected this report.) Well, somehow employers are managing to hire a lot of people anyway.

Oh, and so much for Donald Trump’s warnings that there would be a “Biden depression” if he weren’t re-elected.

That said, the council’s points were well taken. Covid-19 created huge dislocations in the economy, and as we recover from these dislocations economic data are unusually noisy — largely because the standard adjustments statisticians make to smooth out things like seasonal variation don’t work well in an economy still distorted by the pandemic.

At this point, however, we have enough data in hand to declare that the economy is booming. In fact, it’s booming so strongly that Republicans have pivoted from claiming (falsely) that we’re experiencing the worst job performance in decades to lauding the employment numbers and giving credit to … Trump’s 2017 tax cut.

Back to that in a minute. First, let’s try to put this boom in context, by noting that the economy is running hotter than it did during the “Morning in America” boom that gave Ronald Reagan a landslide victory in the 1984 presidential election.

We’ve gained three million jobs since Biden took office, or 600,000 jobs a month. This compares with gains of 340,000 a month in the year leading up to the 1984 election.

To be fair, Reagan-era job gains took place from a lower base, so it may be more appropriate to compare growth rates. But this still gives Biden the advantage: 5 percent at an annual rate, versus 4.4 percent in 1983-84. And the disparity grows if you compare jobs with the working-age population, which was growing around 1 percent a year in the 1980s but has stagnated in recent years.

So it’s a boom. What’s behind it?

The Republican determination to attribute everything good that happens to tax cuts is almost beyond parody. Some of us still remember how practically everyone in the G.O.P. predicted disaster after Bill Clinton raised taxes, then, when he presided over prosperity instead, declared that the boom of the late 1990s was a result of Reagan’s tax cuts in the early 1980s. Of course, they’re now insisting that good news in mid-2021 is somehow a vindication of stuff Trump did almost four years earlier.

The truth is that Reagan doesn’t even deserve much credit for the boom of 1983-84; most of the credit should go instead to the Federal Reserve, which slashed interest rates in 1982.

But how much credit should Biden get for job growth in 2021? Not all of it, certainly, but quite a lot.

The American Rescue Plan, which greatly increased the purchasing power of American consumers, has surely been an important driver of growth. Even more important, however, has been the rapid rise in vaccination rates, which has led to a plunge in the infection and death rates. Some of us predicted long ago that the U.S. would experience a rapid, “V-shaped” recovery once the pandemic subsided and the economy could reopen; well, the success of the vaccination drive has brought us to that moment.

And political leadership has had a lot to do with rapid vaccination. Yes, the vaccines themselves were developed before Biden took office, and the Trump administration had ordered millions of doses. But the Biden administration took much stronger steps than its predecessor had to coordinate vaccine distribution and get shots into arms.

More generally, anyone who doubts the importance of political leadership in progress against Covid-19 should look at the differences in vaccination rates across states, which have a stunning correlation with partisanship: States that voted for Biden have been much more successful than Trump states in getting their residents vaccinated.

So yes, we are having another morning in America, and Biden deserves more credit for his good morning than Reagan ever did for his.

Obviously things could still go wrong. Vaccination rates have slowed down, in part because of resistance in red states, and the large number of still-unvaccinated Americans makes a wave of new outbreaks possible. Also, while I’m in the camp that sees the current inflation as a transitory problem, we could be wrong.

Above all, short-run economic success is no guarantee of good long-term results. Many people have forgotten the widespread economic despair that prevailed just a few years after Reagan’s triumphalism.

But right now the economic news is good. And Joe Biden has every right to crow about it."

https://www.nytimes.com/2021/07/05/opin ... e=Homepage
So your reply to watching Joe barely capable of walking and chewing gun is to attack Hannity.

We should be asking, Who in the hell is running this place.....considering Joe must be briefed and pull out index cards after damned near every question.

Meanwhile....US left Afghan airfield at night, didn't tell new commander

This is hopeful for both sides.
Well, umm, no. My reply was that Kramer appears to have swallowed Kayleigh's little narrative and amplified it here...and that the country otherwise appears to be in good and competent hands insofar as the economy and management of the coronavirus is concerned.

The President refers to notes!!!!! Oh nooooooooooooo.

And C&S comparing Vice President Harris to the Mayor of Wasilla. You guys are just a little sad at this point.
Our POTUS needs to refer back to notes on subjects he was just briefed about?? Got it. What is sad is that our VPs staff has admitted openly the office of the VPOTUS is kind of a cluster fudge right now. Her own people can see it but you can't. Got it...

https://www.yahoo.com/lifestyle/vice-pr ... 22793.html

When it comes to VP Harris... see no evil, hear no evil and speak no evil... Got it Lima Charlie ;)
You read something called/from “MadameNoir”?
It does not matter where I read it, what matters is if it's true. There are a bunch of FLP posters on this forum that link to regurgitated crap from Salon. VP Harris is not and never will be huggable and loveable. That freaking annoying cackling laugh... :roll:
Exactly; for me "huggability" is a big, maybe even decisive characteristic, when it comes to national politicians. And they have to always be really nice to staff, no matter how difficult and strenuous the job is, even when the staffer f8cks up!
And who picked her staff? Her staff will be loyal to her to a fault. The knowledge that the VP of the United States of America resembles Cruella DeVille and is a mean spirited cutthroat politician who is a Joe Biden brain hemorrhage away from sitting in the Oval office does not give me warm and fuzzy feelings. Ask her staff how they feel about her? They appear to be the poster children for blind obedience. With the exception of the ones that ratted her out.
We don't make mistakes, we have happy accidents.
Bob Ross:
User avatar
youthathletics
Posts: 15795
Joined: Mon Jul 30, 2018 7:36 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by youthathletics »

Its okay....its normal for a POTUS to not know what is going on without mommies flash cards, then proceed to tell a cashier.... "I'll be in better shape to tell you later on".

And the typical defenders of anything with a D, must have forget about the glass they threw while living in a stone house. :lol: :lol: Yes, intentionally written backwards. ;)
A fraudulent intent, however carefully concealed at the outset, will generally, in the end, betray itself.
~Livy


“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
ggait
Posts: 4420
Joined: Fri Aug 31, 2018 1:23 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by ggait »

As always, the outrage of the righties is so completely faux.

:roll:


https://www.wired.com/story/trump-notes-photographer/

https://www.usatoday.com/story/news/pol ... 211349001/

Besides, we all know that Obama's tan suit was the real outrage.

https://achurchforstarvingartists.files ... dents.jpeg

:roll:
Boycott stupid. If you ignore the gator troll, eventually he'll just go back under his bridge.
User avatar
youthathletics
Posts: 15795
Joined: Mon Jul 30, 2018 7:36 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by youthathletics »

ggait wrote: Tue Jul 06, 2021 4:03 pm As always, the outrage of the righties is so completely faux.

:roll:


https://www.wired.com/story/trump-notes-photographer/

https://www.usatoday.com/story/news/pol ... 211349001/

Besides, we all know that Obama's tan suit was the real outrage.

https://achurchforstarvingartists.files ... dents.jpeg

:roll:
-1

:lol: :roll: Not defending Trump here. The difference, is that his notes were written by him, not handed to him to try and remember like teaching your kid multiplication.
A fraudulent intent, however carefully concealed at the outset, will generally, in the end, betray itself.
~Livy


“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
ggait
Posts: 4420
Joined: Fri Aug 31, 2018 1:23 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by ggait »

C'mon YA.

For a guy who is completely senile and been near death for the 18 months, don't you think Joe is functioning pretty well all things considered?


Post by youthathletics » Wed Mar 10, 2021 7:16 am

old salt wrote: ↑Tue Mar 09, 2021 11:15 pm
kramerica.inc wrote: ↑Tue Mar 09, 2021 10:49 am
Joe is Sunsetting:

https://twitter.com/tomselliott/status/ ... 96036?s=20
That clip is frightening. It has nothing to do with brilliance. It's about situational awareness. Harris is up in the bullpen.
It's a damned shame Joe is being used as a political puppet by the left. But I suppose so long as it's not Trump, anything else goes. This will backfire at some point....already unraveling on our southern border.
Boycott stupid. If you ignore the gator troll, eventually he'll just go back under his bridge.
seacoaster
Posts: 8866
Joined: Thu Aug 02, 2018 4:36 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by seacoaster »

youthathletics wrote: Tue Jul 06, 2021 4:11 pm
ggait wrote: Tue Jul 06, 2021 4:03 pm As always, the outrage of the righties is so completely faux.

:roll:


https://www.wired.com/story/trump-notes-photographer/

https://www.usatoday.com/story/news/pol ... 211349001/

Besides, we all know that Obama's tan suit was the real outrage.

https://achurchforstarvingartists.files ... dents.jpeg

:roll:
-1

:lol: :roll: Not defending Trump here. The difference, is that his notes were written by him, not handed to him to try and remember like teaching your kid multiplication.
-1,000. The vaccines are rolled out. Over 180,000,000 are vaccinated in the USA. Markets are at record levels. Wages are up, unemployment is down. The international monetary fund is projecting 7% gdp growth for the United States this year, a number we haven’t seen since Reagan, when Republicans stood for something. But you’re “concerned” about the President peeking at some notes. You and your team are kind of sad.
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youthathletics
Posts: 15795
Joined: Mon Jul 30, 2018 7:36 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by youthathletics »

ggait wrote: Tue Jul 06, 2021 4:50 pm C'mon YA.

For a guy who is completely senile and been near death for the 18 months, don't you think Joe is functioning pretty well all things considered?


Post by youthathletics » Wed Mar 10, 2021 7:16 am

old salt wrote: ↑Tue Mar 09, 2021 11:15 pm
kramerica.inc wrote: ↑Tue Mar 09, 2021 10:49 am
Joe is Sunsetting:

https://twitter.com/tomselliott/status/ ... 96036?s=20
That clip is frightening. It has nothing to do with brilliance. It's about situational awareness. Harris is up in the bullpen.
It's a damned shame Joe is being used as a political puppet by the left. But I suppose so long as it's not Trump, anything else goes. This will backfire at some point....already unraveling on our southern border.
HIs response to the clerk sounds like his meds are wearing off or its close to bed time or both. Maybe he needed the sugar rush to make the final trek to bed :lol: . So yea....my comment in March still applies, as does the southern border comment.
A fraudulent intent, however carefully concealed at the outset, will generally, in the end, betray itself.
~Livy


“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
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youthathletics
Posts: 15795
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Re: ~46~ The Joe Biden Presidency ~46~

Post by youthathletics »

seacoaster wrote: Tue Jul 06, 2021 4:56 pm
youthathletics wrote: Tue Jul 06, 2021 4:11 pm
ggait wrote: Tue Jul 06, 2021 4:03 pm As always, the outrage of the righties is so completely faux.

:roll:


https://www.wired.com/story/trump-notes-photographer/

https://www.usatoday.com/story/news/pol ... 211349001/

Besides, we all know that Obama's tan suit was the real outrage.

https://achurchforstarvingartists.files ... dents.jpeg

:roll:
-1

:lol: :roll: Not defending Trump here. The difference, is that his notes were written by him, not handed to him to try and remember like teaching your kid multiplication.
-1,000. The vaccines are rolled out. Over 180,000,000 are vaccinated in the USA. Markets are at record levels. Wages are up, unemployment is down. The international monetary fund is projecting 7% gdp growth for the United States this year, a number we haven’t seen since Reagan, when Republicans stood for something. But you’re “concerned” about the President peeking at some notes. You and your team are kind of sad.
You are the greatest seacoaster......I sound just like you did two years ago when our economy was roaring and jobless numbers were at their lowest. I suppose if we go recession..you will flip back to Trumps fault? ;) See, we are not that different. :D
A fraudulent intent, however carefully concealed at the outset, will generally, in the end, betray itself.
~Livy


“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
Typical Lax Dad
Posts: 34061
Joined: Mon Jul 30, 2018 12:10 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by Typical Lax Dad »

youthathletics wrote: Tue Jul 06, 2021 4:59 pm
seacoaster wrote: Tue Jul 06, 2021 4:56 pm
youthathletics wrote: Tue Jul 06, 2021 4:11 pm
ggait wrote: Tue Jul 06, 2021 4:03 pm As always, the outrage of the righties is so completely faux.

:roll:


https://www.wired.com/story/trump-notes-photographer/

https://www.usatoday.com/story/news/pol ... 211349001/

Besides, we all know that Obama's tan suit was the real outrage.

https://achurchforstarvingartists.files ... dents.jpeg

:roll:
-1

:lol: :roll: Not defending Trump here. The difference, is that his notes were written by him, not handed to him to try and remember like teaching your kid multiplication.
-1,000. The vaccines are rolled out. Over 180,000,000 are vaccinated in the USA. Markets are at record levels. Wages are up, unemployment is down. The international monetary fund is projecting 7% gdp growth for the United States this year, a number we haven’t seen since Reagan, when Republicans stood for something. But you’re “concerned” about the President peeking at some notes. You and your team are kind of sad.
You are the greatest seacoaster......I sound just like you did two years ago when our economy was roaring and jobless numbers were at their lowest. I suppose if we go recession..you will flip back to Trumps fault? ;) See, we are not that different. :D
Stock market is on fire!! Jobs are way up!! Thanks Joe!!
“I wish you would!”
User avatar
youthathletics
Posts: 15795
Joined: Mon Jul 30, 2018 7:36 pm

Re: ~46~ The Joe Biden Presidency ~46~

Post by youthathletics »

Typical Lax Dad wrote: Tue Jul 06, 2021 5:36 pm
youthathletics wrote: Tue Jul 06, 2021 4:59 pm
seacoaster wrote: Tue Jul 06, 2021 4:56 pm
youthathletics wrote: Tue Jul 06, 2021 4:11 pm
ggait wrote: Tue Jul 06, 2021 4:03 pm As always, the outrage of the righties is so completely faux.

:roll:


https://www.wired.com/story/trump-notes-photographer/

https://www.usatoday.com/story/news/pol ... 211349001/

Besides, we all know that Obama's tan suit was the real outrage.

https://achurchforstarvingartists.files ... dents.jpeg

:roll:
-1

:lol: :roll: Not defending Trump here. The difference, is that his notes were written by him, not handed to him to try and remember like teaching your kid multiplication.
-1,000. The vaccines are rolled out. Over 180,000,000 are vaccinated in the USA. Markets are at record levels. Wages are up, unemployment is down. The international monetary fund is projecting 7% gdp growth for the United States this year, a number we haven’t seen since Reagan, when Republicans stood for something. But you’re “concerned” about the President peeking at some notes. You and your team are kind of sad.
You are the greatest seacoaster......I sound just like you did two years ago when our economy was roaring and jobless numbers were at their lowest. I suppose if we go recession..you will flip back to Trumps fault? ;) See, we are not that different. :D
Stock market is on fire!! Jobs are way up!! Thanks Joe!!
Okay...we'll let you in. ;) :lol:
A fraudulent intent, however carefully concealed at the outset, will generally, in the end, betray itself.
~Livy


“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
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