Will Trump Break the Biden Boom?

https://www.thebulwark.com/p/will-trump-break-the-biden-boom?utm_campaign=post&utm_medium=web

by anandan03

30 comments

  1. Wait, Trumps positive economy was really Obama’s triumph but Biden’s boom is Biden’s?
    Sounds realistic.

  7. We’re on nearing the peak of the bubble. Quick Rotation into small caps then it’s over

  9. “We need to be able to say that it was foolish and short-sighted, and maybe worse, to judge that Joe Biden’s economy was so terrible that Donald Trump’s bigotry and demagoguery counted for nothing. We need to be able to say it was wrong to embrace change if change means the deportation of millions of residents living here peacefully, or abandoning tens of millions of Ukrainians fighting for the survival of their nation and their liberty.”

    The Bidenomics Report Card tracks six metrics using data provided by Moody’s Analytics: employment, manufacturing, real earnings adjusted for inflation, exports, the stock market and GDP growth per capita. Compared to seven prior Presidents, the Biden economy is strongest in three out of six categories: employment, manufacturing employment, and GDP growth. The Biden economy is third out of eight in stock performance and second out of five in exports.

    The majority spoke on November 5 and they elected Trump. I don’t agree with that decision, but I respect it. In America, we have a peaceful transition of power — do you hear that — the sound of a peaceful transition, not the storming of the Capitol, beating officers with flag poles or yelling to hang the Vice President.

    If anything, Trump is a masterful marketer. As bombastic as he is, his talent is putting a simple message in a bow that is easily digestible by the average citizen. Basically, fear that and I alone can fix it. People really latched onto that message and they truly believe Trump will fix it all. We will check back in another five years and see how it went.

  10. Everyone expects too much from trump. You need to start assuming that he is lazy and lying. The most probable scenario is that he will not do much of what he promised and what he can. He will put several tariffs on several specific unimportant goods and call it a day. He will not build the wall and will not expell immigrants. The office might do things, but not too much. In 2028 nothing will be done and nothing will change, people would elect him again on the same promises of the same things.

  11. Markets should reflect policy and sentiment, and not be irrational. There will be a swift crash of 30%. We will see all time highs again and again… until another global economy threatens USD, and thats not in the books for this century

  12. The boom everyone turned out to vote for more of.

    Though, this is the mathematical boom of the cycle as sovereign debt pressure mounts as the debt rolls over to higher rates. The Treasury is going to run out of options to slam the short end of the curve with borrowing.

  13. He’s going to cut the government. Elon Musk said “expect a crash” .

  16. What Boom?? The only boom I’ve seen is my retirement jump 20% the day after Trump won. You guys are really gonna go 4 years kicking and screaming with no introspection? It’s a bold strategy, Cotton. Let’s see if it pays off.

  18. Look. An idiot!

    Boom? 23% CPI growth. The world at war. The borders wide open.

    Shut up and sit down. You’ve had 4 years and fucked up everyone of them.

  19. There is no Biden boom, just capitalist propaganda telling us we are all rich even though we are not.

  20. The Biden boom? How are these people? Do they not live on this planet?

  23. Liberals seem to really, really want the economy to crash, now that Trump won.

  24. Yes. Last time Trump inherited a booming economy, firing on all cylinders for years and broke it albeit the pandemic did most of the breaking. This time we have tenuous growth at best held together by bubble gum and show strings. It’s not IF but “WHEN?”

  25. *IF* there was a Biden Boom, you would not have seen “the economy” such a decisive factor in exit polling across demographics.

    You psycho-tards think the news you read is not propaganda wholesale, and it’s HILARIOUS.

    Here is news for you: the “news” the so called “low information voter” is reading is their paycheck (or lack of), their rent bill, their gas bill, their grocery bill.

    When will you get it??? You are lied to, indoctrinated, totally wrong: “the economy” simultaneously sucks and blows and ZERO amount of statistics and metrics can disprove what voters just told you.

    Here is step one in your rehabilitation: take *EVERY* source of economic news and statistics you have relied to form your current (erroneous and highly propagandized) opinion, and just block that shit.

  26. The boom caused by the massive stimulus under Biden and growth via tax cuts from Trump?

  29. I am process server outta Metro-Detroit and the vast amount of debt piling up across the board is looking insane. I haven’t seen this many papers since the Great Recession days, yet the stock market is breaking records. 37% of American credit cards are maxed out and auto loan defaults are at a 15 yr high. If the unemployment rate starts ticking up, I dont care who is president, the shitter is already full.

  30. It will take about 6-9 months into Trump’s administration, before we see it burn down..
    Figure next October things will start falling hard…

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