1. "It looks like the trillions that Biden has been spending on weapons & climate change has turned the GDP around"
The US defence budget is just under 1 T or about 800B. So Biden has not been spending Trillions on weapons.
As far as the security assistance provided to Ukraine its under the Lend Lease act (first used in 1941 to stop Adolf Hitler another dictator very much like the one in Russia) & is about 44.9 Billion.
I agree with you about 90% of the funds goes directly back into the US economy. IMHO The money has been well spent as it has significantly diminished the capabilities of the 2nd most powerful military in the world without a injury to a single American serviceman. Its a real shame the majority of a casualties (about 300,000) on the Russian side are from the poorer ethinic minority regions like the Buryatia region in Russia’s far east & not from St Petersberg or Moscow.
2. I have always been under the impression that the GOP were better at managing the economy ? If you are a bear and really hoping for a recession then the GOP really need to win the next elections to improve the probabilities.
Why ?Ten of the eleven U.S. recessions between 1953 and 2020 began under Republican presidents
Here is a link to the wiki page.
DEM vs GOP gdp, jobs
- Forums
- ASX - By Stock
- XJO
- XJO - Bear Posts only (Factors which might cause the markets to fall)
XJO - Bear Posts only (Factors which might cause the markets to fall), page-13874
-
- There are more pages in this discussion • 2,640 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7,943.2 |
Change
-171.500(2.11%) |
Mkt cap ! n/a |
Open | High | Low |
8,114.7 | 8,114.7 | 7,920.0 |
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
XJO (ASX) Chart |