Today In Biden Land

[palmerq]

So I think this is bad news on the inflation front and could result in further action by the federal reserves maybe?

Wages Continue to Grow, Good for Workers but a Worry for the Fed https://www.nytimes.com/2023/04/28/b...hm2KyQ6c9UGJig

The coming Biden recession could well be conveniently timed for trumpet, or maybe if it happens soon, the recovery will help sleepy Joe. What a time to be alive.

I don't get the anti Joe stuff, really looks like the old git knows what he's doing(besides his speaking bungles) and is pretty on the ball, he's handled a very difficult situation between the moderates, far left young democrats and the kamikaze debt defaulters, the old git is up against it and I think doing quite well.

[Kirkland Laing]

So I think this is bad news on the inflation front and could result in further action by the federal reserves maybe?

Wages Continue to Grow, Good for Workers but a Worry for the Fed https://www.nytimes.com/2023/04/28/b...hm2KyQ6c9UGJig

The coming Biden recession could well be conveniently timed for trumpet, or maybe if it happens soon, the recovery will help sleepy Joe. What a time to be alive.

I don't get the anti Joe stuff, really looks like the old git knows what he's doing(besides his speaking bungles) and is pretty on the ball, he's handled a very difficult situation between the moderates, far left young democrats and the kamikaze debt defaulters, the old git is up against it and I think doing quite well.

They're going to keep raising rates. They're happy to make a mistake on the recession side rather than on the inflation side. Biden is doing the best he can given the circumstances. Best economic recovery and lowest inflation in the western world. It's just any significant inflation is a new thing to most people, hasn't been any since the eighties, so he's going to get the blame with voters. No point trying to explain economics or it's not my fault to voters in any country, the average voter doesn't understand anything about it other than it happened under Biden so it's his fault. Them's the breaks. It could end up getting Trump reelected.