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AS a retiree, you are correct. I bond is a great way to protect your retirement.
Wouldn't that depend on where you are in the retiree life line.
Someone who is just 65 and just retired-- should they dump all their stocks into bonds already?
Even if stocks fall in the short term....you have time to recover right?
Its funny how many GOP folks blame the economy on Biden until it suddenly gets good.
Its almost like they get lied too non stop and are having issues dealing with reality again.
All Presidents do this.
Biden should be cautiously optimistic but it isn't time to be doing the victory tour for an improving economy.
He could focus on the importance of handling the debt ceiling to keep the fragile economy from doing a complete nose dive...but should be careful to be patting himself on the back until that gets resolved.
Its funny how many GOP folks blame the economy on Biden until it suddenly gets good.
Its almost like they get lied too non stop and are having issues dealing with reality again.
Lol at it suddenly getting good, and it shouldn’t be so bad to begin with. Skyrocketing Bidenflation that hasn’t been seen in 40+ years is nothing to brag about, lol.
Like you, I am not praising Biden for this because the President doesn't control the economy, just as the president doesn't control gas prices or inflation.
But many on this forum refuse to accept good news. They insist that things are worse than they seem, because it serves their political narrative.
No U.S. President (or anyone on Earth) fully controls the entire economy, or prices, or inflation all by themselves, so you are stating the obvious.
However, the President has a cabinet, an administration, & the backing of a major political party, all working for him. His political party also controls the Senate. The President & his political party have wealthy influential donors/supporters in the private sector too.
Collectively, all of these people, and groups, have tremendous control over the economy, prices, inflation.
The U.S. President has more influence on these things than anyone else on Earth, because he's in charge of the World's largest economy.
If Biden has no control over prices, why did he sell off so much of our strategic oil reserves? Most 8th graders could answer that question.
Lol at it suddenly getting good, and it shouldn’t be so bad to begin with. Skyrocketing Bidenflation that hasn’t been seen in 40+ years is nothing to brag about, lol.
"Getting good" must mean life getting harder for the general public in lefty's mind.
The GDP numbers are strong. Not sure how to explain it. I am certainly not praising Biden for this. But it is what it is and not MAGA folks have predicted. And I for one as an American first before partisan nonsense am I glad things are better than expected. What say you?
BRIAN KILMEADE: To me, this would be the perfect time to say, listen, our numbers aren’t perfect, but we have better numbers than any other country in the world. And compare yourself to China, compared to Russia, compared to any European nation… You know, Japan’s got this low inflation and people have certain areas. Our numbers look good. And this way you could actually pretend, at least for a few months, that you’re a unifying president.
Russia is currently involved in a hot war. Of course their GDP is going to be in the dump.
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Most 8th graders could answer that question.
