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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 84350 
Subject: Re: ‘Going To Get Worse’
Date: 11/27/23 8:35 AM
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LurkerMom: Yeah, yeah..keep spouting your nonsense. The whole world knows the truth because the covid messed
up their economy too.

How’s Biden doing with his in the toilet economy LOL..


Like I said, Trumpers are delusional.

Biden had to deal with the disruptions created by multiple waves of Covid-19, too. After Biden took office, on January 22, 2021 the United States was averaging 184,230 cases of Covid-19 per day. A month later, on February 21, cases were down to an average of 66,231 per day. By June 22 cases were down to an average of 11,378 per day.

Unlike Trump, who ignored Covid-19, Biden got it under control and moved it from pandemic to endemic.

Biden's American Rescue Plan guaranteed that we would have a quick recovery, in contrast to the slow painful road back to full employment following the Great Recession. As a result, the United States is the only major economy that is largely back to its pre-pandemic growth path. The US also now has the lowest inflation rate of any of the G-7 economies.

Real wages for the average worker are higher than they were before the pandemic.

The unemployment rate, which stood at 6.3 percent when Biden took office, has fallen under 4.0 percent and has been under 4.0% for the longest period in more than half a century.

The Conference Board reports that workplace satisfaction is at the highest level in the almost forty years they have conducted their survey.

Biden passed the bipartisan infrastructure bill that Trump repeatedly promised was just "two weeks away".

And Biden gave us the CHIPS Act for research and support for manufacturing of advanced semiconductors in the United States, another plan Trump promised but never delivered.

Biden walked the picket line with auto workers who reached a new contract agreement with the major automakers.

A few days ago I paid $3.11/gallon for gas this past weekend in Naperville, IL and the national average is $3.25/gallon (and that's with oil companies posting the highest revenues in their histories).

Finally, inflation is down more than half from its year-ago pace, with both food and gasoline prices declining.

So if this is a "toilet economy," may we be lucky enough to have another four years of full employment, new roads, bridges, and rail lines, declining food and gasoline prices, and record high workplace satisfaction while continuing to avoid recession.


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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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