Gotcow?

Harris Biden adminstation impact on the Economy

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Because of the Covid crash and the petulant little man childs inability to act like an adult there is a real chance that Harris Biden might win.

 

The question is what impact will Harris Biden have on the economy? 

 

We're already in a Covid induced recession.

 

How much deeper will a Harris Biden administration push the economy down?

 

With all the promises of free money Joe is making it can only come from one of two places.

 

The printing presses go into hyper speed or it gets taken out of the economy as taxes.

Both will have a decidedly negative impact economically.

 

And this is in addition to all the other economy crushing mandates a Harris Biden administration will levy against our economy.

 

What say you? 

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The tax payer is getting screwd ...n j just passed a 10%?tax on millionaires plus Biden’s tax on over  $400K folks aren’t goin to be giving away their moneys to charity to eliminate the tax burden ......as gov Murphy say move ... and that’s what is and will happen out of the state let the transplanted new yawkers pay it ...until they they see the same c h I t as in n y ...$15.00 tuna fish sandwiches and three dollar water .....the mail ballot fiasco,dmv taxes,sanctuary state ,THE TAX PAYER IS SCREWD AND ITS NOT GOING TO MAKE A DIFFERENCE AT WHAT PAYSCALE   Your PAYING ....oh you work for cash under the table that’s another issue

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Just now, dena said:

Joe wins, and we go back to the languid Obamaconomy.

 

Joe wins and the Obamaconomy would be welcome.

 

The Bidenconomy will be much much worse.     IMO

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I love how every Dem gets to claim the stock market rose magnificently under their rule... since it tanks spectacularly at the prospect of a Dem win.

 

Great people

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Don't fool yourselves. A Biden-Harris economy will make the '29 depression look like Christmas. All the manufacturing jobs that have come back will quickly disappear back overseas and many more will go with them. The record numbers under the Failed Messiah on the government dole will pale in comparison. The businesses and people that COULD invest in rebuilding our economy FURTHER will run for the hills due to the insane taxes that would be imposed on them.

Add in the FACT that Biden has ALREADY said he will shut the country down spells an absolute economic disaster.

It STILL amazes me people are stupid enough to blame Trump for the economy. NO PRESIDENT has ever faced the scale of this pandemic EVER. All things considered we are still doing fairly well. Stock markets, although volital, have slowly recovered, along with job recovery. 

No way an Obama or Biden administration could have done any better. 

You progs and leftist socialist Democrats better wake the **** up. Biden-Harris would be the ruination of this country both economically and Constitutionally.

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Just now, 2mcfisher48 said:

 

You progs and leftist socialist Democrats better wake the **** up. Biden-Harris would be the ruination of this country both economically and Constitutionally.

They are awake,

this is exactly what they want.

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2 hours ago, Gotcow? said:

Because of the Covid crash and the petulant little man childs inability to act like an adult there is a real chance that Harris Biden might win.

 

The question is what impact will Harris Biden have on the economy? 

 

We're already in a Covid induced recession.

 

How much deeper will a Harris Biden administration push the economy down?

 

With all the promises of free money Joe is making it can only come from one of two places.

 

The printing presses go into hyper speed or it gets taken out of the economy as taxes.

Both will have a decidedly negative impact economically.

 

And this is in addition to all the other economy crushing mandates a Harris Biden administration will levy against our economy.

 

What say you? 

This is what Goldman Sachs says, basically because Biden has a plan which is something Trump doesn’t have.

All else equal, such a blue wave would likely prompt us to upgrade our forecasts. The reason is that it would sharply raise the probability of a fiscal stimulus package of at least $2 trillion shortly after the presidential inauguration on January 20, followed by longer-term spending increases on infrastructure, climate, health care and education that would at least match the likely longer-term tax increases on corporations and upper-income earners.


Moody’s had this

Moody’s Analytics found  that Biden's economic proposals, would create 7.4 million more jobs than would Trump's. The economy would return to full employment in the second half of 2022, nearly two years earlier than under Trump's plan, Moody's said. 
"The economic outlook is strongest under the scenario in which Biden and the Democrats sweep Congress and fully adopt their economic agenda," wrote Moody's economists led by Mark Zandi, who advised Senator John McCain during the 2008 presidential race.

 

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The GOP temporarily inflate the balloon via tax cut.  The Dems temporarily inflate the balloon via federal spending.  Both of them print money to do it. 

 

Legitimate economic growth outside of these artificial stimulators is significantly slower than anybody is used to... it basically moves with new major innovations and runs flat in between.

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4 mins ago, Slacker said:

The GOP temporarily inflate the balloon via tax cut.  The Dems temporarily inflate the balloon via federal spending.  Both of them print money to do it. 

 

Legitimate economic growth outside of these artificial stimulators is significantly slower than anybody is used to... it basically moves with new major innovations and runs flat in between.

Wait. That is way to logical for this place. Expect a time out from J.......

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Just now, Jay Dog said:

This is what Goldman Sachs says, basically because Biden has a plan which is something Trump doesn’t have.

All else equal, such a blue wave would likely prompt us to upgrade our forecasts. The reason is that it would sharply raise the probability of a fiscal stimulus package of at least $2 trillion shortly after the presidential inauguration on January 20, followed by longer-term spending increases on infrastructure, climate, health care and education that would at least match the likely longer-term tax increases on corporations and upper-income earners.


Moody’s had this

Moody’s Analytics found  that Biden's economic proposals, would create 7.4 million more jobs than would Trump's. The economy would return to full employment in the second half of 2022, nearly two years earlier than under Trump's plan, Moody's said. 
"The economic outlook is strongest under the scenario in which Biden and the Democrats sweep Congress and fully adopt their economic agenda," wrote Moody's economists led by Mark Zandi, who advised Senator John McCain during the 2008 presidential race.

 

Are these the same people that rated all the sub prime mortgage backed debt at AAA+ before the great recession.

 

Just remember, he worst way to spend my hard earned paycheck is to have the government do it.   

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