Prices cooled further in Jan, offering the latest sign that inflation has eased significantly since its pandemic-era surge but still hovers above what policymakers consider normal. Data from the Bureau of #Labor Statistics on Tues morning showed prices rose 3.1% in Jan, compared w/the year before. They also rose 0.3% compared w/the previous month.
The #MSM focuses on negative news cuz it gets the clicks. It gets its head stuck in the sand and then is surprised at the great economy we’re experiencing.
I’m not surprised. #Biden told us over and over that the #IRA and #CHIPS would create a #BidenBoom. No surprise
#Bidenomics: Growth better than expected this spring. Inflation cooling off faster than anticipated. Unemployment remains near half-century lows. Optimism picking up. Consumer spending remains solid. Wages now rising faster than inflation. Wall Street banks no longer predict an imminent recession. Business investment picking up. Even housing appears to be turning around. #Democrats#BidenBoom#BidenHarris24
Republicans are coordinating a distraction ploy thru rhetoric, policies, bills, media... promoting racism, violence as a cure esp. with🔫s🚨, & against: 'woke', DEI, women, LGBTQ ppl, POC, ppl *not RW Christian... bc: #BidenBoom, inflation & unemployment⬇️ & the #ClimateCrisis *only Dems are addressing the threat. e.g. FL: Hearing monuments bill is coming back in: 2024 session -would require municipalities to replace or reconstruct those already taken down on their own dime. -J Stofan #GOPSabotage
Republicans are hammering Biden for rising violent crime, surging immigration & out of control inflation, but they’re starting to move in the opposite direction:
Crime *homicides:⬇️ 9% in the 1st half of this year over the same period last year in 37 major cities.
Illegal border crossings:⬇️ to the lowest level in >2 years in June.
Inflation:⬇️& consumer sentiment is highest in 2 years.
The economy will be a driving issue in '24. "Dems = growth, Rs = recession - Joe Biden is the third consecutive Democratic President who has brought strong growth, lower deficits and American progress. The last three Republican Presidents all brought recession, higher deficits, American decline."
Even the Wall Street Journal admits that the economy is good, wages are up, inflation has moderated, jobs are plentiful… They should’ve thanked the Biden administration. #BidenBoom#Biden2024#VoteBlue Why the U.S. Remains Far From Recession - WSJ
President Biden outwitted Congressional Republicans. He defeated the MAGA threat by marginalizing it within the GOP coalition, containing their divisive, extremist, & seditious movement. The president proved that he has superior political savvy & his age isn’t a deterrent, in fact it’s an asset. He has 50 years under his belt: Republicans were forced to offer their own budget, which created an opening to attack the savage spending cuts in it. #Biden2024#BidenBoomhttps://www.washingtonpost.com/opinions/2023/06/04/biden-debt-limit-maga-republicans-2024/
#BidenBoom has given America low unemployment, record small business creation, and a manufacturing boom. Let's re-elect President Biden and Vice President Harris in 2024. #BidenHarris2024#bidenharris2024💙💙💙💙💙💙💙💙💙🎉🎉🎉🎉🎉🎉💯💯💯💯 #bidenharris2024🇺🇸