"Job Creation" is a Neoliberal Grift

"Job Creation" is a Neoliberal Grift

Thanks to Bidenomics, full employment returned fast after the plague depression; but voters heard “affordability crisis” amid broken information channels. Housing’s post-GFC scar, health/childcare...
Well, it worked out so well for the Democrats, didn't it?
These are not serious people, and Rachel Reeves is more unserious than most. Utter clown....
#Bidenomics #UKPOL #UKPolitics #USPOL #RachelReeves #Labour #Immigration #IslandOfStrangers
@estherschindler "Economists have noted that a long stretch of low unemployment and rising incomes have helped Americans keep shopping."
4 years of improvement tossed out the window like an unwanted KGB agent
#Bidenomics worked, building up the economy, reducing unemployment, increasing wages, reducing debt
But Republicans just can't resist tanking the economy again. It's their hobby
#Bidenomics were conservative, in the sense of "do no harm."
The #Trumpcession will be (a) punishing and (b) self-inflicted. Small #tariffs are effective. These, insane.
"We've taken a step back & we're watching to see what the policies turn out to be & the ways in which they will affect the #economy. Then we'll be able to act. Fortunately, our policy stance is in a good place for us to do that." thanks to #Biden / #Bidenomics]
#TheFed, he added is in the same place as everyone else, awaiting clarity on policies.
[again, cuz shit is crazy]
#ETTTTS #Trump #tariffs #inflation #recession #geopolitics #USpol
#Dow rallies 500+pts with an assist from the Fed:
Stocks rallied on Wednesday as the Federal Reserve forecast it would still cut interest rates two times in 2025.
But Christine Romans reports Jerome Powell also remarked several times on the "remarkable unpredictability" of #Trumponomics.
Also says soft data's still falling apart (eg, consumer confidence) even as hard data's still benefiting from #Bidenomics.
https://www.cnbc.com/2025/03/18/stock-market-today-live-updates.html