This dude has zero education in economics or finance, yet Sleepy appoints him to oversee our top economic advisors. If this guy is in charge, who are the economic advisors? Why are things happening like this with America's Liberals?
https://freebeacon.com/latest-news/watch-bidens-economic-adviser-tries-and-fails-to-explain-how-money-w
orks/
We can measure his success by the strength of the Obama economy he advised as well as that of the Biden economy.
In both cases he had to advise on an economy that was decimated by the Repiublican Administration that handed it off to him.....and both times that Republican economy was advised by the GOP's favorite economic advisor and recovered cocaine addict, Larry Kudlow, whose claim to fame was leaving the country with massive unemployment, record deficts, and an economic ideology that completely 180's every time the White house changes hands.
I'm pretty happy with Bernstein and going by all economic metrics so is the economy
Originally posted by: PJ Stroh
We can measure his success by the strength of the Obama economy he advised as well as that of the Biden economy.
In both cases he had to advise on an economy that was decimated by the Repiublican Administration that handed it off to him.....and both times that Republican economy was advised by the GOP's favorite economic advisor and recovered cocaine addict, Larry Kudlow, whose claim to fame was leaving the country with massive unemployment, record deficts, and an economic ideology that completely 180's every time the White house changes hands.
I'm pretty happy with Bernstein and going by all economic metrics so is the economy
One who has ZERO knowledge of money supply can provide ZERO value to an economic committee. It's laughable. BTW, PJ might research GNP by year. It jumped to levels under Trump that Obama said during his presidency was a thing of the past.
Thats the best you got?
Kudlow under Bush said 6% unemployment was the new normal. Oh snap !
But I dont care about quotes. I care about my 401k. It tripled under Obama and is up 40% since Biden took office. And I'll take Bernstein's steady hand and consistent eonomic ideology vs the one of Kudlow that mirror's our resident Tom's view on golf which changes whenever the White House occupant does.
Are deficits good or bad? What about tariffs? What about government spending? Kudlow will give completely opposite answers depending on who is in the White House...and how much cocaine he's snorting.
Deficits are bad. Tariffs on China are good for many reasons, but mostly for national security. Unemployment data is the most over rated data on the economy. The percentage of people living in America that are working is far more important. I've talked about it for a decade on this site, that employment participation rate is the number to look at while it's not horrible, it's certainly been fare from good under Biden. His presidency has been a disaster on every metric. The next thing you know, PJ will tell us that Biden's eloquent.
The S&P 500 annual compounded increase is 28% less under Biden than Trump.
BTW, "real wages" in America are down 8% since Sleepy took office. That's only one of the disasters.
Will PJ explain why it's good for Americans to have an open border?
https://fred.stlouisfed.org/series/LES1252881600Q
Yeah - you and Tom both have a big problem with the millions of AMericans who chose to retire instead of keep working. Millions more than when Trump was in office. I cant help you with that beyond pointing and laughing.
And I dont support open borders which is why I support the bipartisan immigration bill. You can explain some ridiculous reason why you opposse it in the context of being anti-immigration. Thats another point and laugher.
And I believe the question has been put to you before what industrialized country has performed better economically since COVID ...and that where you had to run and hide. Have you found an answer for that one yet?
Originally posted by: PJ Stroh
Yeah - you and Tom both have a big problem with the millions of AMericans who chose to retire instead of keep working. Millions more than when Trump was in office. I cant help you with that beyond pointing and laughing.
And I dont support open borders which is why I support the bipartisan immigration bill. You can explain some ridiculous reason why you opposse it in the context of being anti-immigration. Thats another point and laugher.
And I believe the question has been put to you before what industrialized country has performed better economically since COVID ...and that where you had to run and hide. Have you found an answer for that one yet?
PJ, why do you believe that the proposed Democrat immigration plan is anything but a sham? Trump, and Obama for that matter, kept things under control. Biden and the current Democrats eliminated all measures to control the border, and have financially encouraged and accelerated unfettered immigration. It's a joke.
Originally posted by: Boilerman
PJ, why do you believe that the proposed Democrat immigration plan is anything but a sham? Trump, and Obama for that matter, kept things under control. Biden and the current Democrats eliminated all measures to control the border, and have financially encouraged and accelerated unfettered immigration. It's a joke.
bEcause the border patrol union (no friends of Biden) endorsed it....and all the talking points against it have been fact checked to be false. So we're just left with people who prefer to cry about the border instead of doing something to fix it.
your myth about how the presidents handled the border is just that.
the president doesn't control the number of people at the border and must abide by the laws that address how to process those people. If you believe the president can act outside of those laws then you are severely misinformed ....probably because you've listened to Donald Trump or FOX news instead of the court system.
What was it that you didn't like about the bi-partisan immigration bill, it seems you're very knowledgeable about it. I've put a link so you can refresh your memory of what you thought was troubling, it did have support for Israel, Ukraine, and Taiwan, but those issues have been passed.
Oops! I removed the link, it wasn't correct, sorry.
What was it that you didn't like about the bi-partisan immigration bill
5,000 illegals allowed in every day or 1.8m annually. No increased staffing for border security but more people to process the paperwork. They don't need another bill on immigrations. entering the country illegally is already illegal.
the president doesn't control the number of people at the border
Actually he does
What are we supposed to do with these 10m people & 2m more each year?
What other country allows this?
