MJ MuseAug 5, 2023

Why the latest jobs data is raising hopes about a soft landing https://www.npr.org/2023/08/04/1192120360/jobs-employers-economy-soft-landing-recession-inflation #bidenomicsworking People are earning more

Here's another bit of positive news: Wages are finally outpacing inflation, boosting workers' buying power.

Average wages in July were up 4.4% from a year ago. Wage gains have moderated in the last year, but inflation has cooled as well, so workers' paychecks now stretch farther.

For the twelve months ending in June wages rose 4.4%, while prices climbed just 3%

MJ MuseJul 28, 2023
https://heathercoxrichardson.substack.com/p/july-27-2023?utm_medium=email #bidenomicsworking #GOPTraitorsToDemocracy As of the second quarter the US economy is over 6% larger than it was before COVID (after adjusting for inflation) At this point in the recovery from the Great Recession, 2011, the economy was just 0.7% larger than it had been in 2007.”the nation’s largest solar panel manufacturer, First Solar, announced it will build a fifth factory in the U.S. This brings to more than $2.8 billion the amount First Solar has invested in the U.S.
July 27, 2023

More good news today for Bidenomics, as the gross domestic product report for the second quarter showed annualized growth of 2.4%, higher than projected, and inflation rose at a slower pace of 2.6%, down from last quarter and well below projections. Economic analyst Steven Rattner noted that as of the second quarter, “the US economy is over 6% larger than it was before COVID (after adjusting for inflation). At this point in the recovery from the Great Recession, 2011, the economy was just 0.7% larger than it had been in 2007.”

Letters from an American
Show threadNerdGirlInVR 💜🇺🇸🌎🐘💜Jul 26, 2023
@georgetakei that is good news! #BidenomicsWorking 👍
MJ MuseJul 22, 2023

https://www.cnbc.com/2023/07/21/bidenomics-spurred-stronger-gdp-growth-morgan-stanley.html #bidenomicsworking Morgan Stanley credits Bidenomics for 'much stronger' than expected GDP growth

President Joe Biden’s economic policies drove an unexpected economic surge that has forced Morgan Stanley to make a “sizable upward revision” in its GDP forecasts.

Biden’s 2021 infrastructure bill has created “a boom in large-scale infrastructure,” wrote MS analysts, while domestic business investment “is rebounding, led by manufacturing.”
#Votebluetforsomanyreasons

MJ MuseJul 22, 2023

Don’t bet against Bidenomics

https://www.washingtonpost.com/opinions/2023/07/21/biden-success-ukraine-inflation/
Don’t bet against #bidenomicsworking
https://www.Since Biden took office, companies have announced over $500 billion in investments in the US including over $200 billion in semiconductor and electronics manufacturing and nearly $225 billion in clean energy, electric vehicle, and battery investments,” the NEC finds. “Inflation-adjusted spending on manufacturing construction overall has increased by nearly 100 percent since the end of 2021

Don’t bet against Bidenomics

Biden is racking up accomplishments domestically and internationally.

The Washington Post
U.S. Politics in Real TimeJul 16, 2023

For Facts Sake: ‘Bidenomics’ is working – especially in red states

https://www.msnbc.com/ali-velshi/watch/for-facts-sake-bidenomics-is-working-especially-in-red-states-188537925701

#BidenomicsWorking #RedStates #EconomicSuccess #MSNBC #FactsMatter #NewsUpdate #Politics #News

For Facts Sake: ‘Bidenomics’ is working – especially in red states

The U.S. economy is taking a breath of relief as inflation cools, jobs and wages increase and unemployment stays low. Republicans continuously attack the Biden administration’s economic agenda, but For Facts Sake: “Bidenomics” is working – and it’s working especially well in states with predominantly Republican populations. MSNBC’s Ali Velshi says that Republicans' choice to vocally drag Biden's economic policies but brag about the federal funding and nationwide economic victories that happened as a result simply makes them hypocrites.

MSNBC