WYM Mod<p>Brian Evans, Yun Li, and Fred Imbert reveal that U.S. stocks soared Monday after a tariff agreement with China, with the Dow up over 1,100 points. While the optimism suggests a potential "Trump put," caution remains as the 10% tariff may persist. Major companies like Tesla and Amazon saw significant gains. Despite progress, analysts stress challenges in securing a lasting trade deal. For full insights, read more here: [CNBC](<a href="https://www.cnbc.com/2025/05/11/stock-market-today-live-updates.html" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">cnbc.com/2025/05/11/stock-mark</span><span class="invisible">et-today-live-updates.html</span></a>) <a href="https://mastodon.vtip.me/tags/USTariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USTariffs</span></a> <a href="https://mastodon.vtip.me/tags/ChinaTradeDeal" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ChinaTradeDeal</span></a> <a href="https://mastodon.vtip.me/tags/StockMarket" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>StockMarket</span></a> <a href="https://mastodon.vtip.me/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> <a href="https://mastodon.vtip.me/tags/DonaldTrump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DonaldTrump</span></a> <a href="https://mastodon.vtip.me/tags/Tesla" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Tesla</span></a> <a href="https://mastodon.vtip.me/tags/WallStreet" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WallStreet</span></a> <a href="https://mastodon.vtip.me/tags/Pharmaceuticals" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Pharmaceuticals</span></a> <a href="https://mastodon.vtip.me/tags/OilPrices" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>OilPrices</span></a></p>
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#economicrecovery
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UK<p><a href="https://www.europesays.com/uk/83234/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/uk/83234/</span><span class="invisible"></span></a> EU lawmakers want bigger Europe budget to tackle crises <a href="https://pubeurope.com/tags/CommonDebt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CommonDebt</span></a> <a href="https://pubeurope.com/tags/DefenceSpending" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DefenceSpending</span></a> <a href="https://pubeurope.com/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> <a href="https://pubeurope.com/tags/EU" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EU</span></a> <a href="https://pubeurope.com/tags/EUBudget" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EUBudget</span></a> <a href="https://pubeurope.com/tags/Europe" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Europe</span></a> <a href="https://pubeurope.com/tags/European" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>European</span></a> <a href="https://pubeurope.com/tags/LawmakersDemand" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LawmakersDemand</span></a> <a href="https://pubeurope.com/tags/MultiannualBudget" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MultiannualBudget</span></a> <a href="https://pubeurope.com/tags/RussiaThreat" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RussiaThreat</span></a></p>
WPS News<p><strong>The Complex Landscape of Voter Economics and Accountability in the Post-COVID Era</strong></p><p><strong>By: Cliff Potts, WPS News, Editor-in-Chief<br>Baybay City | January 10, 2025</strong></p><p>As Donald Trump prepares to take the oath of office on January 20, 2025, following his victory in the November 2024 election, understanding the intricate relationship between economic hardship and voter perceptions is more crucial than ever. This dynamic offers insights into electoral decisions and the narratives shaping public opinion.</p><p>Leading up to the pandemic, the United States experienced an economic upswing, largely celebrated by Trump supporters. The administration’s focus on job creation, tax cuts, and deregulation led to rising median household incomes and historically low poverty rates. These achievements set high expectations, especially among voters without college degrees, who experienced real gains during these years.</p><p>However, this landscape shifted dramatically in early 2020 with the onset of COVID-19. Unprecedented job losses and economic instability marked a crisis no administration anticipated. By January 2021, unemployment soared, thrusting the nation into a downturn, exacerbated by supply chain disruptions. For many Trump voters, this sudden shift indelibly impacted their economic reality.</p><p>During President Biden’s term, new narratives emerged. While some economic sectors recovered, rising inflation—fueled by supply chain issues and geopolitical tensions like the Russian invasion of Ukraine—compounded the challenges. Notably, inflation rates were higher outside the USA, highlighting the global nature of the post-COVID inflation spike, caused by too much money chasing too few goods. Many Americans, including Trump voters, redirected frustrations toward the administration, often oversimplifying these dynamics and blaming current leadership without acknowledging inherited circumstances or global influences.</p><p>Trump’s successful 2024 campaign effectively capitalized on portraying the Biden administration as ineffective amid economic challenges. By tapping into existing frustrations within his base, Trump leveraged the early achievements of his first term against the chaos of the pandemic to gain deeper voter support. Economic messaging remained vital, especially for a base feeling left behind in a shifting economy.</p><p>Accountability remains a contentious issue. Is it fair to hold leaders responsible for economic consequences beyond their control? With job losses from lockdowns and a strained global economy, voters may focus more on immediate circumstances than the complex web of causes.</p><p>Ultimately, reflections on economic outcomes during and post-Trump’s first presidency offer significant lessons as he prepares to lead again. As we enter this new administration, the interplay of economic realities and narratives will influence both voter decisions and trust in leadership. The coming years will be pivotal for both electoral outcomes and public trust in leadership amid challenging economic realities.</p><p>WPS News remains committed to examining these vital discussions and will not allow the new Trump administration to rewrite history in its own image – we have had enough of that. As we look towards the future of our nation’s political and economic landscape, understanding these dynamics remains essential.</p><p></p><p><a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://wps.news/tag/biden-administration/" target="_blank">#BidenAdministration</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://wps.news/tag/economic-recovery-2/" target="_blank">#economicRecovery</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://wps.news/tag/geopolitical-tensions-2/" target="_blank">#geopoliticalTensions</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://wps.news/tag/global-inflation/" target="_blank">#globalInflation</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://wps.news/tag/supply-chain/" target="_blank">#supplyChain</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://wps.news/tag/trump-oath-2025/" target="_blank">#TrumpOath2025</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://wps.news/tag/trump-supporters/" target="_blank">#TrumpSupporters</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://wps.news/tag/voter-accountability/" target="_blank">#voterAccountability</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://wps.news/tag/voter-economics/" target="_blank">#voterEconomics</a> <a rel="nofollow noopener" class="hashtag u-tag u-category" href="https://wps.news/tag/wps-news-stance/" target="_blank">#WPSNewsStance</a></p>
China Xinhua News :verified:<p>European Commission forecasts <a href="https://chinanews.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> in <a href="https://chinanews.social/tags/EU" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EU</span></a>, <a href="https://chinanews.social/tags/Eurozone" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Eurozone</span></a>, driven by easing inflation, rising consumption and investment <a href="http://xhtxs.cn/YQV" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">http://</span><span class="">xhtxs.cn/YQV</span><span class="invisible"></span></a></p>
Business | The Guardian US<p>Sterling slips after Bank of England boss hints at ‘aggressive’ rate cuts <a href="https://www.theguardian.com/business/2024/oct/03/sterling-pound-bank-of-england-andrew-bailey-aggressive-interest-rate-cuts-inflation" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/business/2024/</span><span class="invisible">oct/03/sterling-pound-bank-of-england-andrew-bailey-aggressive-interest-rate-cuts-inflation</span></a> <a href="https://halo.nu/tags/Economicrecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economicrecovery</span></a> <a href="https://halo.nu/tags/BankofEngland" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BankofEngland</span></a> <a href="https://halo.nu/tags/Interestrates" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Interestrates</span></a> <a href="https://halo.nu/tags/AndrewBailey" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AndrewBailey</span></a> <a href="https://halo.nu/tags/Currencies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Currencies</span></a> <a href="https://halo.nu/tags/Inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Inflation</span></a> <a href="https://halo.nu/tags/Economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economics</span></a> <a href="https://halo.nu/tags/Sterling" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Sterling</span></a> <a href="https://halo.nu/tags/Business" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Business</span></a></p>
William Lindsey :toad:<p>"Donald Trump doesn’t want you to focus on the economy, because the news is very good."</p><p>~ Dan Rather</p><p><a href="https://toad.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> <a href="https://toad.social/tags/KamalaHarris" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>KamalaHarris</span></a> <a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> <br>/15</p><p><a href="https://steady.substack.com/p/news-trump-doesnt-want-you-to-hear" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">steady.substack.com/p/news-tru</span><span class="invisible">mp-doesnt-want-you-to-hear</span></a></p>
William Lindsey :toad:<p>"Biden and Harris broke the suffocating “Washington Consensus” on economics. They put a stake through neoliberalism. Now, the vice president has to convince voters that her antitrust, trade, and public investment policies, unlike Trump’s, will improve their lives."</p><p>~ Phillip Longman</p><p><a href="https://toad.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> <a href="https://toad.social/tags/KamalaHarris" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>KamalaHarris</span></a> <a href="https://toad.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> <a href="https://toad.social/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <br>/30</p><p><a href="https://washingtonmonthly.com/2024/07/26/biden-and-harris-broke-the-suffocating-washington-consensus-on-economics/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">washingtonmonthly.com/2024/07/</span><span class="invisible">26/biden-and-harris-broke-the-suffocating-washington-consensus-on-economics/</span></a></p>
LilMikeSF<p>Why can't <a href="https://c.im/tags/Democrats" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Democrats</span></a> make the case that <a href="https://c.im/tags/RustBelt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RustBelt</span></a> "forgotten" counties in red states have added <a href="https://c.im/tags/jobs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>jobs</span></a> 5x faster during the <a href="https://c.im/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> administration than they did during Trump's term. Would those regions experiencing a largely ignored <a href="https://c.im/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> even consider <a href="https://c.im/tags/voting" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>voting</span></a> for ol' Joe? Don't count on it... </p><p><a href="https://www.nytimes.com/2024/07/08/briefing/a-remarkable-comeback-for-left-behind-counties.html?unlocked_article_code=1.5k0.Pv0t.MsNEtaHHSR5W&smid=url-share" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2024/07/08/briefin</span><span class="invisible">g/a-remarkable-comeback-for-left-behind-counties.html?unlocked_article_code=1.5k0.Pv0t.MsNEtaHHSR5W&smid=url-share</span></a> <a href="https://c.im/tags/PaywallLift" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PaywallLift</span></a> <a href="https://c.im/tags/GiftLink" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GiftLink</span></a> <a href="https://c.im/tags/NYTimes" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NYTimes</span></a></p>
William Lindsey :toad:<p>"As native-born workers have aged into retirement, immigrants have taken their places and 'been essential to America’s post-COVID labor market recovery.' </p><p>Heather Long of the Washington Post added that wage growth has been 4.1% in the past year, which is well above the 3.2% inflation rate.</p><p><a href="https://toad.social/tags/jobs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>jobs</span></a> <a href="https://toad.social/tags/unemployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>unemployment</span></a> <a href="https://toad.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> <a href="https://toad.social/tags/immigrants" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>immigrants</span></a> <a href="https://toad.social/tags/wages" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>wages</span></a><br>/2</p>
William Lindsey :toad:<p>"According to economist Steven Rattner of Morning Joe, the United States has now had 26 consecutive months—more than two years—of unemployment under 4%, the longest stretch of unemployment that low since the late 1960s. </p><p>Rattner pointed out that immigrants have helped to push U.S. growth since the pandemic by adding millions of new workers to the labor market."</p><p>~ Heather Cox Richardson</p><p><a href="https://toad.social/tags/jobs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>jobs</span></a> <a href="https://toad.social/tags/unemployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>unemployment</span></a> <a href="https://toad.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> <a href="https://toad.social/tags/immigrants" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>immigrants</span></a> <br>/1</p><p><a href="https://heathercoxrichardson.substack.com/p/april-5-2024" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">heathercoxrichardson.substack.</span><span class="invisible">com/p/april-5-2024</span></a></p>
William Lindsey :toad:<p>"Trump talked a lot about bring manufacturing back to America.</p><p>But under Biden, manufacturing investment has grown faster than any time in recent history. And it's not even close.</p><p>During Trump's presidency, manufacturing spending grew by 5%. Under Biden it has grown by 279%."</p><p>~ Michael Thomas, cited by Greg Dworkin</p><p><a href="https://toad.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> </p><p><a href="https://www.dailykos.com/stories/2024/3/1/2226768/-Abbreviated-Pundit-Roundup-Michigan-primary-vote-still-sinking-in" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">dailykos.com/stories/2024/3/1/</span><span class="invisible">2226768/-Abbreviated-Pundit-Roundup-Michigan-primary-vote-still-sinking-in</span></a></p>
William Lindsey :toad:<p>(continued from /1)</p><p>"the unemployment numbers, the fact that a state just raised the minimum wage with Democratic support, Democrats’ support for women’s reproductive rights, for teaching American history accurately rather than whitewashing the past."</p><p><a href="https://toad.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> <a href="https://toad.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://toad.social/tags/Democrats" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Democrats</span></a> <a href="https://toad.social/tags/Republicans" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Republicans</span></a> <a href="https://toad.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> <a href="https://toad.social/tags/unemployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>unemployment</span></a> <a href="https://toad.social/tags/ReproductiveRights" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ReproductiveRights</span></a> <a href="https://toad.social/tags/education" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>education</span></a> <br>/2</p>
William Lindsey :toad:<p>As Hubbell says, this news, of course, puts Trump and the Republicans in a bind, since they want to slam Biden by claiming the economy is rotten — when it's not. Ditto for the media who have done all but stand on their heads to feed the narrative of a bad economy to help Republicans.</p><p>We'll still hear complaints on social media from a lot of folks who claim to be "progressive" but who look for any way they can to tear Biden down.</p><p><a href="https://toad.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> <a href="https://toad.social/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://toad.social/tags/wages" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>wages</span></a> <br>/2</p>
William Lindsey :toad:<p>Robert Hubbell reports that "Friday brought a stunningly good report on increases in jobs, wages, and productivity." </p><p>Wages are up 4.5%, 353,000 new jobs were added in January, and worker productivity rose 2.7%.</p><p>The Black unemployment rate has now been under 6% for a full year, the lowest Black unemployment in history.</p><p><a href="https://toad.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> <a href="https://toad.social/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://toad.social/tags/wages" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>wages</span></a> <br>/1</p><p><a href="https://roberthubbell.substack.com/p/terrific-economic-news-for-all-americans" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">roberthubbell.substack.com/p/t</span><span class="invisible">errific-economic-news-for-all-americans</span></a></p>
William Lindsey :toad:<p>"The European economy, hobbled by unfamiliar weakness in Germany, is barely growing. China is struggling to recapture its sizzle. And Japan continues to disappoint.</p><p>But in the United States, it’s a different story. Here, despite lingering consumer angst over inflation, the surprisingly strong economy is outperforming all of its major trading partners."</p><p>~ David J. Lynch</p><p><a href="https://toad.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> </p><p>Thanks to Jeff Jarvis for providing a gift link. </p><p><a href="https://www.washingtonpost.com/business/2024/01/28/global-economy-gdp-inflation/?pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZWFzb24iOiJnaWZ0IiwibmJmIjoxNzA2NDE4MDAwLCJpc3MiOiJzdWJzY3JpcHRpb25zIiwiZXhwIjoxNzA3ODAwMzk5LCJpYXQiOjE3MDY0MTgwMDAsImp0aSI6IjI1NGM3YzY2LTFiOWYtNDgwOC1hMzVkLTI0ZWI0OGNkZDRmNCIsInVybCI6Imh0dHBzOi8vd3d3Lndhc2hpbmd0b25wb3N0LmNvbS9idXNpbmVzcy8yMDI0LzAxLzI4L2dsb2JhbC1lY29ub215LWdkcC1pbmZsYXRpb24vIn0.RMh6ewq4mmRLPV-kBaALOiUkkM7DKcvdsugf1qY3h_c" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">washingtonpost.com/business/20</span><span class="invisible">24/01/28/global-economy-gdp-inflation/?pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZWFzb24iOiJnaWZ0IiwibmJmIjoxNzA2NDE4MDAwLCJpc3MiOiJzdWJzY3JpcHRpb25zIiwiZXhwIjoxNzA3ODAwMzk5LCJpYXQiOjE3MDY0MTgwMDAsImp0aSI6IjI1NGM3YzY2LTFiOWYtNDgwOC1hMzVkLTI0ZWI0OGNkZDRmNCIsInVybCI6Imh0dHBzOi8vd3d3Lndhc2hpbmd0b25wb3N0LmNvbS9idXNpbmVzcy8yMDI0LzAxLzI4L2dsb2JhbC1lY29ub215LWdkcC1pbmZsYXRpb24vIn0.RMh6ewq4mmRLPV-kBaALOiUkkM7DKcvdsugf1qY3h_c</span></a></p>
William Lindsey :toad:<p>"Finally, today, a historical moment: the Dow Jones Industrial Average, an average of the value of 30 leading companies, passed 38,000 for the first time."</p><p>~ Heather Cox Richardson </p><p><a href="https://toad.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> <a href="https://toad.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <br>/2</p><p><a href="https://heathercoxrichardson.substack.com/p/january-22-2024" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">heathercoxrichardson.substack.</span><span class="invisible">com/p/january-22-2024</span></a></p>
William Lindsey :toad:<p>And there's this:</p><p>"The Dow Jones Industrial Average closed above 38,000 for the first time on Monday, setting a record high and capping a steady rise that stretches back to last week.</p><p>The S&P 500 also reached a record high, closing at about 4,850."</p><p>~ ABC News</p><p><a href="https://toad.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> <a href="https://toad.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a><br>/1</p><p><a href="https://abcnews.go.com/Business/story?id=106576234" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">abcnews.go.com/Business/story?</span><span class="invisible">id=106576234</span></a></p>
William Lindsey :toad:<p>"There is also the effect of social media and misinformation silos. …</p><p>Then there is deliberate disinformation, of the kind we see on the Fox Network and Newsmax, or the false claims of $7 and $8 a gallon gas prices that Trump has amplified recently during his campaign speeches."</p><p><a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> <a href="https://toad.social/tags/MediaFail" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MediaFail</span></a> <a href="https://toad.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> <a href="https://toad.social/tags/disinformation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>disinformation</span></a> <a href="https://toad.social/tags/SocialMedia" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SocialMedia</span></a> <br>/2</p>
William Lindsey :toad:<p>"What about that big disconnect for people who actually are doing fine or even consider themselves financially well-off, but who wrongly believe that the economy is terrible for everyone else? A few things may be at work here. </p><p>There is the mainstream media, whose coverage of the economy has been far more gloom and doom than objectively warranted."</p><p>~ Jay Kuo</p><p><a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> <a href="https://toad.social/tags/MediaFail" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MediaFail</span></a> <a href="https://toad.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a><br>/1</p><p><a href="https://statuskuo.substack.com/p/election-factor-one-the-economy" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">statuskuo.substack.com/p/elect</span><span class="invisible">ion-factor-one-the-economy</span></a></p>
William Lindsey :toad:<p>"Joe Biden presides over an economic 'soft landing' that almost no one thought could happen, and his approval rating drops to 33 percent—below Jimmy Carter’s in the summer of 1980, when American hostages were being held in Iran, and inflation, at more than 14 percent, was well into a second year of double digits. (Inflation is currently 3.1 percent—and likely will go lower.)"</p><p><a href="https://toad.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a> <a href="https://toad.social/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://toad.social/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://toad.social/tags/EconomicRecovery" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicRecovery</span></a> <a href="https://toad.social/tags/apathy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>apathy</span></a> <br>/2</p>
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