WSJ Publishes Brutal Graphics Showing True Destruction of ‘Bidenomics'

The National Pulse ^ | 21 May 2024 | WILLIAM UPTON

[Sam77]

Data revealed by The Wall Street Journal shows the true extent of havoc Bidenomics has wrecked on the U.S. economy. Even as the Dow Jones Industrial Average surpassed 40,000 points, the economy under Joe Biden‘s tenure in the White House has struggled to grow beyond a sluggish rate. Despite the seeming market success that has recently occurred under the Biden government, the numbers belie just how successful investors were under former President Donald J. Trump.

[Red Badger]

More here:

https://freerepublic.com/focus/f-bloggers/4239114/posts

[NWFree]

The Dow is back below 40K and it’s only 30 companies

[Gay State Conservative]

later

[adorno]

People invest in stocks because, thee is no other place to put their money, especially when large amounts of money need to be invested. CDs pay little and putting money in freezers or under pillow, is risky. So, stocks are normally better investments.

As such, the stock market is hugely divorced from the realities that everyday people meet in their daily lives. Gas and groceries and home prices and insurance prices and car repair prices, are not reflected in the values of stocks.

Using the DOW or any other group of stocks, is meaningless, at least when it comes to everyday life. So, Biden or even Trump, should not point to the stock market to boost their economic messaging. Most people affected by the poor economy do not give a damn about how high the stock markets get.

[aquila48]

“Even as the Dow Jones Industrial Average surpassed 40,000 points, the economy under Joe Biden‘s tenure in the White House has struggled to grow beyond a sluggish rate”

All the money that’s printed eventually has to settle down somewhere. The places that it “pools” are the various asset classes - stocks, real estate, gold.

Like rain filling rivers whose waters end up in lakes and reservoirs, raising their levels.

[Harpotoo]

Inflation even in the market!

[rlmorel]

Here are some down-to-earth examples the display it in terms people get...MAGA Economy vs Bidenomics as it relates to Fast Food prices for various chains:

[Carry_Okie]

One of the really pernicious consequences of inflation is that money is invested in stores of value (such as gold) instead of producing assets (i.e., manufacturing investment).

[thesligoduffyflynns]

i always assumed this was the goal of jo-E ‘s handlers behind the scenes.

cancel energy self sufficiency & beg borrow or steal for that...

flood the country with illegals

crash the economy so the US
is hobbled into “gratefulness” of World Gov

[Kathy in OC]

I guess if investors are successful then all is good!

[lepton]

Bump

[SunkenCiv]

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[Taxman]

ping