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Posted
6 minutes ago, placeholder said:

And has been repeatedly pointed out, all the developed nations and most of the other ones experienced sharp inflation as the world economy emerged from Covid. So why blame Biden? Maybe a common cause should be considered, instead?

 

If you mean like this? Keep it.

 

https://www.commoncause.org/

Posted
10 hours ago, nauseus said:

 

The issue was market decline. I mentioned inflation, which was partly a result of low rates for too long. By continuing to spend trillions, Biden kept inflation higher than need be, even up to today the 2% target was never reached. 

Trump raised the deficit by 7.1 trillion last time around. He spends like a drunken sailor. And Musk only my seems to be eliminating jobs that were needed. A failing grade of D minus to date. 

Posted

Nations are relocating manufacturing from China, but there are a dozen reasons they are not coming back to the US. Most of which are beyond the ability of Trump or his simple minded administration to understand. 

 

Based on a survey of North American manufacturing executives and an analysis of global trade patterns, the report reveals that more than 90% of manufacturing companies in the region have moved at least some of their production or supply chain in the past five years. Of those, half reported that they had shifted more than 20% of their manufacturing and supply chain spending. Further, owing to ongoing geopolitical uncertainties and high US tariffs, more than 90% of respondents said that they plan to make similar moves over the next five years.

 

Thanks to their deep labor pools and growing scale and capabilities across diverse industries, Mexico, India, Southeast Asia, Turkey, and Morocco are rapidly emerging as future export powerhouses. For example, from 2018 through 2022, US goods imports declined by 10% from China in inflation-adjusted terms, but they rose by 18% from Mexico, by 44% from India, and by 65% from the ten countries of the Association of Southeast Asian Nations (ASEAN).

 

https://www.bcg.com/press/21september2023-north-american-companies-have-relocated-production-sourcing-over-past-five-years

Posted
4 minutes ago, spidermike007 said:

Trump raised the deficit by 7.1 trillion last time around. He spends like a drunken sailor. And Musk only my seems to be eliminating jobs that were needed. A failing grade of D minus to date. 

 

Oh give it up! A big chunk of that was used to cover the pandemic costs, immediately and directly. Biden spent more post Covid.

 

F.

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