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nairiporterBiden’s 100-day stock market performance is the hottest going back to the 1950s
- President Joe Biden has witnessed an unprecedented growth on Wall Street in his first 100 days in office, better than any of his predecessors going to at least Dwight Eisenhower.
- Massive stimulus and a booming economy, both of which were underway well before he took office, have helped propel the market.
- If anything, the market’s main worry may be that it’s moving too fast and a policy mistake could slow it down.
Seems like the Trump & GOP negative economic caricature of president Biden has been anything but, at least in terms of his first 100 days. I believe the numbers speak for themselves.
President Biden seems to be desiring to operate economically and structurally at a grand scale, following the likes of FDR, Ike, and JFK. 'Dream Big', it would seem. And that's just fine with anyone who'd like to see America restored to her former leadership role in the world.
I now see Joe has presented and is moving forward with his promised Labor Organizing Plan, along with mandating a $15 Minimum Wage for federal employees & contractors. This sounds like great news indeed. It's not just enough to restore America - as a country - to its economic leadership position, but America needs to restore the working and middle class to the world leadership position. This last bit, the economic restoration of the working and middle class, is the key.
And this news is on top of Biden's proposed tax-code changes, further elevating the middle class (and America as a whole).
An economically world-leading middle class is what made America great in the first place, and historically provided the draw to attract the very best from around the globe. It also provided overwhelming gravitas and confirmation for the American values and ideologies, which is immensely beneficial in the long run.
For those who would like to see some of the American pride and greatness of the post-war era restored, I submit the way to get it done is through the economic empowerment of a diverse middle and working class, along with big dreams and ideas - not through narrowing close-minded nativist populism.
- President Joe Biden has witnessed an unprecedented growth on Wall Street in his first 100 days in office, better than any of his predecessors going to at least Dwight Eisenhower.
- Massive stimulus and a booming economy, both of which were underway well before he took office, have helped propel the market.
- If anything, the market’s main worry may be that it’s moving too fast and a policy mistake could slow it down.
Seems like the Trump & GOP negative economic caricature of president Biden has been anything but, at least in terms of his first 100 days. I believe the numbers speak for themselves.
President Biden seems to be desiring to operate economically and structurally at a grand scale, following the likes of FDR, Ike, and JFK. 'Dream Big', it would seem. And that's just fine with anyone who'd like to see America restored to her former leadership role in the world.
I now see Joe has presented and is moving forward with his promised Labor Organizing Plan, along with mandating a $15 Minimum Wage for federal employees & contractors. This sounds like great news indeed. It's not just enough to restore America - as a country - to its economic leadership position, but America needs to restore the working and middle class to the world leadership position. This last bit, the economic restoration of the working and middle class, is the key.
And this news is on top of Biden's proposed tax-code changes, further elevating the middle class (and America as a whole).
An economically world-leading middle class is what made America great in the first place, and historically provided the draw to attract the very best from around the globe. It also provided overwhelming gravitas and confirmation for the American values and ideologies, which is immensely beneficial in the long run.
For those who would like to see some of the American pride and greatness of the post-war era restored, I submit the way to get it done is through the economic empowerment of a diverse middle and working class, along with big dreams and ideas - not through narrowing close-minded nativist populism.
(no subject)
Date: 2021-05-05 01:33 pm (UTC)