This week in Bidenomics: Let's talk recession..........

[vaquerizo]

https://us.yahoo.com/finance/news/t...oa-the-recessions-already-here-212835965.html

 

[WhatsHisNuts]

The hot labor market. The unemployment rate has fallen from 4% in January to 3.6% now, which is close to the 52-year-low of 3.5%. There are still twice as many job openings as unemployed people in the U.S. economy.

:0corn

 

[WhatsHisNuts]

Morgan Stanley credits ‘Bidenomics’ in lifting its U.S. economic-growth outlook

Pointing to infrastructure and manufacturing revivals, Morgan Stanley projects 1.9% GDP growth for the first half of 2023, much higher than its previous call.

www.marketwatch.com

Morgan Stanley is crediting Biden's economic plan with their change to a positive outlook for the US economy.

 

[yyz]

Fat lot of good that does people with 401ks.