President Joe Biden told Democratic governors during a meeting at the White House on Wednesday that part of his plan going forward is to stop scheduling events after 8 p.m. so that he can get more sleep, according to three sources briefed on his comments.
not beating sleepy joe allegations tbh
Yeah he's not dropping out. Rbg all over again lol. Wonder what it will take for libs to stop supporting the democratic party.
Random story but a friend of mine (who's south Asian so not your standard kkk trump supporter) is hoping trump wins because Trump will put money into the stock market and he will benefit. My friend makes 70k a year... This is how completely out of touch people are.
The stock market literally reached an all-time high under Biden, and most Americans are still struggling. Because 90% of stocks are owned by the top 10%...
Technicaly ATH under Biden but relative growth Trump still had a sizeable lead, counting both from election day up to COVID and since COVID to election day.
The only thing BIden offers to the market is a relative predictability about future wars specially against China. Otherwise the "market" prefers Trump in almost every scenario.
All the mainstream economists and economics journals were wrong about the economy, if only people still haven’t memory-holed the constant dooming about recession throughout 2022-2023. They were all wrong.
The fact is that Trump’s growth occurred under a low inflation zero interest rate environment that Obama started. Biden’s presidency has been plagued with record inflation and fastest rate hikes since Volcker shock, yet the stock market continues to grow like never before…
I cannot stress this enough: the neoclassical model is a complete bunk, and it’s amazing that policy makers continue to treat Milton Friedman like a god and his words gospels.
Yeah I agree with this, the stocks keep growing exactly because they completely ignore Biden and US politics almost entirely.
The latest growth cycles are based on either
the expectation that the Fed will lower interest rates and if you spend even a casual amount of time each week reading these market headlines you'd go insane, they manufacture some absurd rationales and narratives that literaly change from one day to the next. One day its up 2% because some indicator says inflation is slowing therefore "high hopes for interest rate cuts in the future" and then 2 days later another indicator says the opposite and so flip that headline 180 "oh no investors weigh in on dashed hopes for rates cut" and it changes daily.
the current AI "boom", I think you know this obviously US tech is now a major grift but NVIDIA also got to keep massive markups from the crypto boom during COVID, there was never a correction from those $1000+ GPUs, that is the permanent standard now for the top end. When inevitably another COVID like supply chain breakup/crisis happens they'll hike the prices another 50% from there and $1500-2k gpus will become the standard etc.
Even if AI boom crashes its almost impossible to see NVIDIA going anywhere now outside of major geopolitical events. And when that crisis happens and NVDIA increases their prices again and repeat.
And then you look at what the market says about Trump oh he will be better because of less tariffs and less taxes and that is maybe true, but the Fed is literaly independent anyway and the current boom will keep going until some major event causes a major anti-AI backlash, though the chances of that are minimal now. Yet Trump gets to benefit as being labelled as the "market favorite" even though his direct involvement is almost zero.
Why do they mark the Covid dip for trump but not mark the Ukraine Russia war dip for Biden? You know, one of the largest countries on earth being completely sanctioned from the dollar-economy probably had at least some effect on stock futures...
well, logically, if we put like 100 quadrillion dollars into the stock market then the 10% of stocks owned by the bottom 90% will still rise a ton and everybody will become billionaires. I reckon Trump will do this after he finally enacts his Iraqi Dinar Equalization Bill; I've been holding onto a suitcase full of these things for far too long
She died four months later on September 18.
What can you say? Clearly her death was totally unexpected. She still had another 10 years of being a ghoul in her lol
"I dissent!"
"Are you fucking kidding," replies the Grim Reaper.
Lmfao
And as always it was of zero consequence and she ded
My lib ass boss bought some RBG sticker packs and they're on her Jeep and water bottle. To this day.
My friend (also south Asian) just got his US citizenship earlier this year and he said the first thing he’s gonna do is to vote for Trump.
These people were probably winnable by Obama, but Joe just has no sauce
South Asians and Hispanics are in fact the standard kkk Trump supporters
How is this sort of statement going completely unchallenged on here?