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Keyword: maganomics

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  • Yellen "Feeling Very Good" About Economy [semi-satire]

    09/18/2023 9:47:39 AM PDT · by John Semmens · 5 replies
    Semi-News/Semi-Satire ^ | 17 September 2023 | John Semmens
    Treasury Secretary Janet Yellen contrasted "the robust US economy that has characterized President Biden's two plus years in office with the dismal Trump years. The lockdowns cost tens of millions their livelihoods. Businesses were ordered shuttered. Many laid off employees others went bankrupt. In the summer of 2020 the unemployment rate was 14%. Now it is less than 4%. Bidenomics has surpassed MAGAnomics by a wide margin. This is quite a feather in the President's cap." From a different perspective, the economy doesn't look as good as Yellen says it is. The inflation injected into our economy by Biden's spending...
  • MAGANOMICS: Growth ‘could get even better,’ tax cut impact still coming...

    07/28/2018 9:18:46 AM PDT · by caww · 1 replies
    washingtonexaminer ^ | 7/26/2018 | Paul Bedard
    President Trump’s economic architect, who is promoting the phrase “MAGANOMICS,” believes that the impact of the 2017 tax cuts has yet to hit and when it does “things could get even better.” Budget chief Mick Mulvaney told an economic group,... “I actually think things could get even better because I don’t think you’ve seen the full impact of the tax bill into the overall economy.” Many economists, previewing the release of the second quarter growth figure Friday, are predicting it will top 4 percent. “Everything is moving in the right direction, moving toward a healthy American economy again,” he told...