Economy

502 readers

69 users here now

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

founded 2 years ago

MODERATORS

[email protected]

Why America’s economy is soaring ahead of its rivals (www.ft.com)

submitted 2 weeks ago by [email protected] to c/[email protected]

6 comments fedilink hide all child comments

https://archive.is/20241203135432/https://www.ft.com/content/1201f834-6407-4bb5-ac9d-18496ec2948b

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] -2 points 2 weeks ago* (last edited 2 weeks ago) (2 children)

Hahahahah,oh man, talk about suckin' from the propaganda teat!

Uts funny, you complain that conservatives only care about money, now you're on a warpath about money.

And if we look at how things were going, inflation skyrocketed under the Biden administration. And don't try lying your way out of this one, everyone saw the prices go up, and I have years of shopping records to show my costs spiraling.

Go talk to any SMB about the last few years, see how it's been going.

Biden destroyed forty percent of black owned businesses. Not only was he bad economic policy, he was racist as hell about it.

[–] [email protected] 3 points 2 weeks ago

inflation skyrocketed under the Biden administration

Being in office doesn't mean he caused it. More money was printed during Trump's term, COVID messed up supply chains, Russia invading Ukraine messed up supply chains again, avian flu has been forcing us to cull large amounts of poultry. None of this was done by Biden. You may have heard this before but the President has far less control over the economy and deserves far less credit for it (good or bad) than they get.

Biden destroyed forty percent of black owned businesses

All I can find when I search "40% black owned businesses" are talking about the early part of COVID lockdowns, which occurred under the Trump administration. Can you provide a source of this occurring under Biden?

[–] [email protected] 1 points 2 weeks ago

inflation skyrocketed under the Biden administration

We have low inflation compared to the rest of the world. You are aware a global pandemic happened during Biden's term, correct? Pandemic make inflation go brrrr. I'm not sure if you think you're smart because you pointed out that the ENTIRE WORLD'S inflation increased. But Biden's policies helped make us recover from that better than most countries.

Biden destroyed forty percent of black owned businesses.

Lol. Go ahead and source me for this one.