Posted on 02/20/2021 6:50:38 AM PST by qaz123
President Biden and his economic advisers keep highlighting the economic crisis Biden inherited. This narrative may only last for another month or two.
It’s true Biden took office in January amid a grueling retrenchment that has torched 10 million jobs since last March. Coronavirus shutdowns have all but wrecked the travel and hospitality industries, with retailers struggling to adapt as well. Small businesses, independent contractors and lower-income service-industry workers are suffering the most
(Excerpt) Read more at yahoo.com ...
what economic crisis? The country was experiencing a V-Shaped recovery in the midst of the 'man made and intentional scamdemic' .....
https://www.breitbart.com/politics/2020/08/12/donald-trump-promotes-v-shaped-economic-recovery-during-coronavirus-pandemic/
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Small businesses, independent contractors ...... lets see, the Democrats changed laws regarding ICs costing them jobs and small businesses have been destroyed due to the policies of Democratic politicians. Remember, you can ONLY get The 'Rona in a small business. You CANNOT get it at Home Depot, Lowes, any supermarket, Walmart, Target, Ace Hardware, Dunkin Donuts, Casino's, or Newsome's winery.
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lower-income service-industry workers are suffering the most ..... all about to get their asses handed to them as Harris & Biden allow a tsunami of illegals and visa holders to flood the country
https://www.breitbart.com/politics/2021/02/18/joe-biden-amnesty-plan-protects-illegal-hiring-excludes-e-verify/
https://www.breitbart.com/politics/2021/02/17/joe-biden-prioritizes-illegal-aliens-after-black-americans-propelled-him-to-white-house/
There was another article, somewhere, where he was going to flood the US with visa holders of every type to compete with US citizens for jobs and he said it was a good thing.
I work with companies every day.
Nearly all think there is going to be a huge boom in the economy late spring when covid is over. Some are already getting orders. Trump did all the work and Biden will get the credit .
They’ve been putting the pieces in place for a little while now: revising the PCR testing methodology, issuing a statement that people should only be considered “positive” for the Wuhan virus if they’ve tested positive *twice* and are exhibiting symptoms, infection numbers are likely inflated etc. They can roll all that out as policy, and suddenly the “pandemic” will be over, all thanks to Zhou Bai-den; stores and restaurants will be allowed to reopen, masking restrictions and “social distancing” will be removed etc, all you have to do to join the rebound will be to get your “vaccination” and carry a “health passport”!
Voila! Instant recovery!
Rick Newman is a reliable liberal/communist nitwit. I’ve never known him to be right about anything. I suspect it was largely because of him that the comments function was turned off on Yahoo Finance.
The people I hear from are all depressed, dumbfounded, and borderline despondent because their country was stolen by a coup perpetrated by the Ruling Establishment.
Hardly fertile ground for a boom.
I hope so.......but......when covid is over?
Will it ever be over? We’re told on a regular basis that there are all sorts of new and deadlier strains, from a virus that has a 99.4% survival rate and most of that is without taking any drugs.
The Left needs to keep people scared and thinking about other things, while they do their damage. Wasn’t that the modus operandi of the administration before President Trump? Basically, watch my right hand, while I inflict all the damage with my left.
And even if/when cover is “over”, it will be back in the spring of 2022, in an even more deadly version. They need something to make sure their ‘mail in voting’ operation can work without anyone questioning it, so they can steal even more seats in both the state and federal government.
The Biden “boom” will ride on one thing only, the rapid inflation of currency, as the dollar loses its standing as the “reserve” currency, replaced by such wispy things like Bitcoin, a wildly overvalued and very ephemeral thing that only exists as an algorithm in a bank of computers. Yet this phenomenon has somehow captured the imagination of the “new World Order” academicians, who see it as a way to break the US economy for once and all.
The economic collapse following the COVID-19 Wuhan virus and the subsequent lockdown is only the forerunner of the total economic malaise that shall befall the entire world, perhaps for decades to come.
ha ha ha ha ha......
The people that write for Yahoo live in a galaxy far, far away. Certainly not reality. It has to make you wonder if they ever leave their UBER WHITE, liberal hipster neighborhoods for anything. Just live in their bubble.
Jen Psaki, Biden’s Press Secy, is an excellent choice in many ways:
<><> she’s another Biden nitwit (probably a Biden cousin three times removed)
<><> all of 'em living large on our tax dollars
<><> cashing several govt paychecks, enrolled in several govt pension plans, filing reimbursement vouchers 24/7.
<><> Psaki’s cool w/ appearing stupid, uninformed and out of the loop at WH press briefings.
<><> She apparently doesn’t give a fig what the American people think.
CASE IN POINT: Psaki offered a perfect example on video answering questions submitted via Twitter.
<><> Psaki reads out the question: “What is President Biden doing for my small business?”
<><> Psaki’s dimwitted response choice for the most important thing Biden has done for small businesses?
Drum roll please......“He nominated a woman to lead the Small Business Administration.”
Cue hysterical laughter here.
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REFERENCE By September 2020, nearly 100,000 small businesses had permanently closed across America. By November, just in New York and New Jersey, nearly one-third of all small businesses were gone. The lockdowns have decimated businesses in every Democrat-run state. Considering how important small businesses are to the economy, this is a deeply serious issue.
My question is what will other countries do? We have gone along, in spades, up here in Canada with all of this covid crap. It’s being used for control - I can’t see it being brought to a screeching halt because the CCP has won and are ruling America and the once-free world through the Obama/Biden/Harris cabal.
3500 illegals a day are pouring over the border, with more on the way. None of them being vetted or screened for any diseases.
Terrorists are coming over. 11 Iranians caught, recently. Who knows how many others, from wherever.
All the policies pertaining to visas, via the Trump administration, that allowed American workers to get jobs, keep jobs, and make more money at those jobs are being reversed.
I think even the optimistic Freeper and/or Conservative is living in LaLa land right now. I’d love to be wrong and hopefully I am. Will have zero problem admitting it. But, when you have a President that says....I don’t even know what I’m signing....and his VP says....just sign it....that ain’t a recipe for good things.
Trump set the bar so high the Democrats will never be able to duplicate his success.
They are even “resolving” the logistical problems around the spike protein mRNA program especially for Beijing B*den (who doesn’t recall getting it and thinks his administration invented syringes).
The Trump logistical nightmare: inoculation must be stored at -94°F; whole vial is wasted if it warms up.
The B*den special: 2+ weeks at 5°F is perfect.
There seems to be nothing about the whole affair that wasn’t carefully calculated to benefit the senile one.
JudyinCanada....your guess is as good as mine and everyone else’s. We have Boris Johnson happy that Biden is in the WH and scary Trump is gone. Other than Israel, there isn’t an elected leader on the planet that is FOR his/her country, other than China and Russia. Everyone else just seems to be lapdogs to someone or something.
I don’t ignore Covid. I know folks that have died from complications of it. But, what these people did is beyond comprehension.
But, at the end of the day, they need to keep people, scared.
If we keep pumping empty dollars into the system and spending like drunkards, we’ll be Venezuela in a few short years.
I agree. The Federal Reserve and Wall St will prop Harris and Biden up for as long as they can, but they won’t be able to do it forever.
Covid 19 will be over when it is expedient for the left.
There is bound to be a surge in economic numbers when the Government’s lockdown boot is lifted off of our throats.
Add to that trillions in additional Government spending, as Democrats raid the Treasury, and the first year is going to look very good.
There should be quite the sugar high coming.
By the second year however, the tax and regulation increases will likely become an increasing drag, as well as the whole host of counter-productive policies.
At some point, inflation and interest rates are going to respond, and the stock market will re-trench. The bills will eventually have to be paid.
Correct. Plus the American people weren’t fooled by the Obama/Biden junk polices and won’t be fooled now.
EOs which negatively affect the nation should be blocked in the courts.
Biden has personally killed a million jobs by destroying the oil industry.
Red states vs welfare states. Latte liberals waste so much and delight in the misery of others.
The only sector of the economy Biden supports are illegal aliens and the abortion gender modification cabel.
Biden literally represents death and suffering.
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