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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: commonone   😊 😞
Number: of 84361 
Subject: U.S. Economy Outpaces China Economy
Date: 11/17/23 10:28 AM
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No. of Recommendations: 4
...for the first time in over 40 years.

Since re-opening the economy in 2021 under President Biden, and thanks to historic investments like the American Rescue Plan, the Bipartisan Infrastructure Law, and The Chips and Science Act, the United States has experienced 34 straight months of job growth, 22 months of unemployment under 4%, the best unemployment rate in 50 years, and 4.9% GDP growth in the third quarter of this year.

After years of promising aggressive competition that would take down the west -- when Xi came into power he predicted that China was on track to overtake the U.S. as the world's economic superpower in the 21st century -- Xi may now need a healthy economic partnership with the United States, as evident from his recent sit-down with president Biden in San Francisco.

But sure, let's vote in the rapist insurrectionist who wants to impose a 10% tariff on all imports to the U.S. and crater the world economy.

meidastouch.com - U s economy outpaces chinese economy for the first time in years
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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