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It's funny that you pretty much admit in the OP that crediting Biden for this doesn't really make that much sense, but people are all bent out of shape anyway.
Soooooooooo, Trumps tariffs were good after all I see. Waiting for Biden to take credit for that just like he tried to take credit for the vaccine and Operation Warp Speed.
No they were not. Tariffs are never good. The Trump tarifs have cost American consumers billions and billions in higher prices while doing practically nothing to reduce imports from China or reducing the trade deficit. On the other hand, Chinese retaliatory moves against the US ag sector have had devastating results. I hope that Joe soon formulates a multilateral approach to dealing with Chinese tactics such as the TPP and gets rid of these tariffs.
Anyway, there is so much winning now economically and we have yet to see just how great it is going to be. Predictions are for growth like we have not seen in decades, certainly after Trump who could not even sustain 3% and mostly had sub-2% growth in GDP during his reign of incompetency.
As an independent (not a Trump supporter) I suggest waiting with great news about the economy until we can see the whole picture after the dust settles. Cheers could be premature at this time. Let’s talk again towards the end of the year.
Biden's former boss Obama said these are jobs of the past. Trump said there is value in having a domestic manufacturing sector, and worked to restore it. Biden had nothing to do with the changes that took place over the past 4 years that brought us to this point.
Biden had actually reintroduced an Aluminum tariff and removed one on Scotch from Scotland I believe. Plus the American Rescue Act Biden introduced and passed has had great effects on the economy because people are actually spending their stimulus checks. Biden made a bet and it paid off. Plus economists, businesses, and people in finance are excited by the Biden Infrastructure Bill which will greatly boost the economy, provide jobs(good paying jobs), and increase productivity. Trump does get some credit maybe but this is largely due to Biden. Here’s why I refuse to acknowledge Trump actually did a lot to the economy in his four years in office. He did not make that many economic moves and rather continued Obama’s policies but Biden has done a lot of stuff since he took office showing he won’t be continuing Trump’s policies and will introduce his own.
It's funny that you pretty much admit in the OP that crediting Biden for this doesn't really make that much sense, but people are all bent out of shape anyway.
The pandemic likely had a similar economic effect as a major recession, causing companies to tighten up their employment base and trim overhead. We'll probably be in for another rebound, depending on how well we manage the viral variants popping up overseas.
Continuing, once again, the tradition here of ascribing failure or success of any economic event in the news to the current POTUS, the ISM manufacturing index for March was reported today at a 37-year high.
Is there a city-data area for the joke of the day?
Because that's where this one belongs.
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