forgot the name tRump on the economy snail as he gave the tax break to the rich who just horde it and not invest in strengthen the U.S., while biden invested in the infrastructure to improve transportation and safety
Is the state of the economy a reliable measure of political effectiveness or effective governance? And have you noticed how the more the economy improves, the more desperate the opposition’s criticism?
With all the “success” of trickle-down economics (gap between workers and top management never wider, the middle class dwindling), maybe we need economic development that empowers ordinary people to grow the economy with better wages and working conditions.
The US economy grew more than initially anticipated in the first quarter, according to the Bureau of Economic Analysis.
The BEA’s third reading of gross domestic product showed the US economy grew by 2% in the first quarter, marking a sharp increase from the previous reading of 1.3%.
The revision still indicates a slowdown from the 3.2% and 2.9% growth in the third and fourth quarters of 2022, respectively. The GDP revision is just one of many economic indicators coming in better than economists projected.
New data also out Thursday showed the early stages of an upward trend in weekly jobless claims, which could indicate softening in the labor market, hasn’t materialized. With 239,000 claims in the week ending June 24, jobless claims hit their lowest levels since May.
On Tuesday, June consumer confidence data hit its highest level in 18 months as other data revealed durable goods orders grew in May, even as economists had been expecting a decline, and May new home sales surprised to the upside.
“The US economy is currently displaying genuine signs of resilience,” Gregory Daco, Chief Economist at EY said on Thursday. “This is leading many to rightly question whether the long-forecast recession is truly inevitable, or whether a soft landing of the economy – where inflation falls to a sustainable 2% pace without a recession – is possible.”
Who remembers that huge tax cut from Trump? You know the one that gave all the benefits to incredibly rich people and caused a 6 trillion dollar deficit to the federal government? But Biden’s economic policy is going to be the ruin of us all!
I repeat: For conservatives any ‘yarn’ will do to deflect, distract, divert attention from the multiple legal problems their * malignant narcissistic psychopath is trying his best to ignore but the law won’t go away. Poor dupes. They surely picked a deadbeat loser on whom to heap all their very odd dreams and imagined persecution.
The Dangerous Case of Donald Trump: 37 Psychiatrists and Mental Health Experts Assess a President, ed by Bandy Lee.
I like Lisa but today, I don’t get this cartoon. I always thought that Joe was FOR us and at least trying to tackle the problem that former Jerk #1 left as a growing problem…
Lisa, we have the lowest ever unemployment, highest working, over 400,000 jobs created in June alone. The Saudi made world wide inflation is down in the U.S. and has been lower than the rest of the world since it started. ‘Bidenomics’ is a huge success.
It is easy to tell that Lisa carefully peruses and carefully evaluates all the non-RWNJ sources available which objectively track and evaluate USA economic performance.
Stock market riding high. 400,000 new jobs last month. Interest rate growth halted. Inflation, a worldwide phenomenon, the lowest of the G7 countries. Full employment. Rising wages. Gas prices dropped.
Be careful. “Bidenomics” is going to become the new “Obamacare,” a weak attempt at a slur turned into a positive avatar for a popular program.
It’s more like Blameonomics! Blame Russia, corporations, big oil, Republicans, Trump, etc. It’s everyone else’s fault but the moron in the white house!
Flashaaway about 1 year ago
What do you want Lisa, more galloping inflation?
Will? about 1 year ago
Lisa’s race car leaves the facts far behind in her dust.
Grandma Lea almost 1 year ago
forgot the name tRump on the economy snail as he gave the tax break to the rich who just horde it and not invest in strengthen the U.S., while biden invested in the infrastructure to improve transportation and safety
piper_gilbert almost 1 year ago
Sorry, but the economic numbers are trending in the right direction. Keep Presidenting, Joe. It’s working.
Pluggergirl almost 1 year ago
You liberals hate it when the Republicans are right. We’re always right.
Radish the wordsmith almost 1 year ago
Is that the deep state anti democracy republicans are trying to kill?
The Nodding Head almost 1 year ago
Gee willickers! This toon made me check my portfolio. Way up! Gas prices down! Maybe Lisa should move to where I live…
mrwiskers almost 1 year ago
Is the state of the economy a reliable measure of political effectiveness or effective governance? And have you noticed how the more the economy improves, the more desperate the opposition’s criticism?
davidthoms1 almost 1 year ago
Under the Biden administration the economy is charging ahead like a herd of wild horses. But I guess horses are harder to draw than snails!
DangerMan almost 1 year ago
With all the “success” of trickle-down economics (gap between workers and top management never wider, the middle class dwindling), maybe we need economic development that empowers ordinary people to grow the economy with better wages and working conditions.
mourdac Premium Member almost 1 year ago
One wonders where Benson gets her “information” from.
NeedaChuckle Premium Member almost 1 year ago
Lisa will call this fake news, of course.
The US economy grew more than initially anticipated in the first quarter, according to the Bureau of Economic Analysis.
The BEA’s third reading of gross domestic product showed the US economy grew by 2% in the first quarter, marking a sharp increase from the previous reading of 1.3%.
The revision still indicates a slowdown from the 3.2% and 2.9% growth in the third and fourth quarters of 2022, respectively. The GDP revision is just one of many economic indicators coming in better than economists projected.
New data also out Thursday showed the early stages of an upward trend in weekly jobless claims, which could indicate softening in the labor market, hasn’t materialized. With 239,000 claims in the week ending June 24, jobless claims hit their lowest levels since May.
On Tuesday, June consumer confidence data hit its highest level in 18 months as other data revealed durable goods orders grew in May, even as economists had been expecting a decline, and May new home sales surprised to the upside.
“The US economy is currently displaying genuine signs of resilience,” Gregory Daco, Chief Economist at EY said on Thursday. “This is leading many to rightly question whether the long-forecast recession is truly inevitable, or whether a soft landing of the economy – where inflation falls to a sustainable 2% pace without a recession – is possible.”
Al Fresco almost 1 year ago
What small businesses that were able to survive the Covid shutdowns are being crushed by on-line ordering and the big box stores.
The Dem Veteran almost 1 year ago
Who remembers that huge tax cut from Trump? You know the one that gave all the benefits to incredibly rich people and caused a 6 trillion dollar deficit to the federal government? But Biden’s economic policy is going to be the ruin of us all!
StackableContainers almost 1 year ago
Lisa probably wants more deregulation so more industries can collapse and be bailed out again.
librarylady59 almost 1 year ago
I repeat: For conservatives any ‘yarn’ will do to deflect, distract, divert attention from the multiple legal problems their * malignant narcissistic psychopath is trying his best to ignore but the law won’t go away. Poor dupes. They surely picked a deadbeat loser on whom to heap all their very odd dreams and imagined persecution.
The Dangerous Case of Donald Trump: 37 Psychiatrists and Mental Health Experts Assess a President, ed by Bandy Lee.
MuddyUSA Premium Member almost 1 year ago
And God bless the Queen……?
djtenltd almost 1 year ago
I like Lisa but today, I don’t get this cartoon. I always thought that Joe was FOR us and at least trying to tackle the problem that former Jerk #1 left as a growing problem…
ncorgbl almost 1 year ago
Lisa, we have the lowest ever unemployment, highest working, over 400,000 jobs created in June alone. The Saudi made world wide inflation is down in the U.S. and has been lower than the rest of the world since it started. ‘Bidenomics’ is a huge success.
david_42 almost 1 year ago
New jobs for June: double expected. Almost as many as were created in tfg’s last YEAR.
lsnrchrd.1 Premium Member almost 1 year ago
It is easy to tell that Lisa carefully peruses and carefully evaluates all the non-RWNJ sources available which objectively track and evaluate USA economic performance.
Just kiddin’.
lawguy05 almost 1 year ago
Bidenomics is Bidenflation.
ldmulvaney73 almost 1 year ago
Unintentionally amusing.
Free Radical almost 1 year ago
Bidenomics is working and the right wing extremists are losing their minds! If this is the best you can come up with you are creatively locked
tpcox928 almost 1 year ago
Fact-free is the key word. Ms. Benson apparently was absent in sixth grade social studies on the day they covered supply and demand.
Rich Douglas almost 1 year ago
Stock market riding high. 400,000 new jobs last month. Interest rate growth halted. Inflation, a worldwide phenomenon, the lowest of the G7 countries. Full employment. Rising wages. Gas prices dropped.
Be careful. “Bidenomics” is going to become the new “Obamacare,” a weak attempt at a slur turned into a positive avatar for a popular program.
da_villa almost 1 year ago
It’s more like Blameonomics! Blame Russia, corporations, big oil, Republicans, Trump, etc. It’s everyone else’s fault but the moron in the white house!
washatkc Premium Member 12 months ago
Blue tears. Cry little ones. Truth hurts
da_villa 12 months ago