BREAKING NEWS Trump Wins 2024 πŸ‡ΊπŸ‡²US Presidential Election!

π’‹π’–π’†π’”π’–π’•π’ˆ

π’‹π’–π’†π’”π’–π’•π’ˆ

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Seven reasons why today’s economy is historically strong
The economy today is extraordinarily strong by nearly every historical benchmark, including relative to the years immediately preceding the pandemic.

i. Inflation-adjusted wages have reached a record high and have grown more rapidly.
  • For all workers, hourly wages in real dollars (adjusted to September 2024 values) averaged $35.36 in September 2024, compared with $34.52 at the end of 2019. Since 2022, wages rose 1.2% annually, compared with a 0.8% rate over the 2007–2019 business cycle and a 0.9% rate between 2017–2019.
  • For nonsupervisory workers (the 80% of private-sector workers who are not managers), real hourly wages were $30.33 in September 2024, compared with $28.99 at the end of 2019. Wages rose 1.3% annually since 2022, compared with 0.8% growth over the 2007–2019 business cycle and 1.0% growth between 2017–2019.

ii. Inflation-adjusted gross domestic product (GDP) growth is rising more rapidly.
  • Real GDP has risen 2.9% annually since 2022, compared with 1.8% growth between 2007–2019 and 2.5% growth between 2017–2019.
  • Per-capita real GDP has risen 2.4% annually since the end of 2022, compared with 1.1% growth between 2007–2019 and 1.9% growth between 2017–2019.

iii. The unemployment rate has been lower on average, including for nearly every group of workers.
  • Overall unemployment has averaged 3.8% since 2022, compared with 6.4% between 2007–2019 and 4.0% between 2017–2019.
  • For Black workers, unemployment has averaged 5.7% since 2022, compared with 11.1% between 2007–2019 and 6.7% between 2017–2019.
  • For Hispanic workers, unemployment has averaged 4.8% since 2022, compared with 8.1% between 2007–2019 and 4.7% between 2017–2019.

iv. The share of prime-age adults (those between the ages of 25–54) with a job is higher on average.
  • For all workers, the prime-age employment-to-population ratio (EPOP) has averaged 80.7% since 2022, compared with 77.2% between 2007–2019 and 79.3% between 2017–2019.
  • For Black workers, the prime-age EPOP has averaged 77.8% since 2022, compared with 71.4% between 2007–2019 and 75.8% between 2017–2019.
  • For Hispanic workers, the prime-age EPOP has averaged 78.1% since 2022, compared with 74.1% between 2007–2019 and 77.0% between 2017–2019.

v. Job growth has been faster both overall and for the private sector only.
  • Overall job growth has averaged 217,000 per month since 2022, compared with 93,000 jobs between 2007–2019 and 176,000 jobs between 2017–2019.
  • Private-sector job growth has averaged 170,000 per month since 2022, compared with 91,000 jobs between 2007–2019 and 164,000 jobs between 2017–2019.

vi. The rate of new business formations is far higher.
  • The rate of high-propensity applications for new businesses has averaged 144,000 monthly since 2022, compared with 102,000 between 2007–2019 and 106,000 between 2017–2019.

vii. The stock marketβ€”adjusted for inflationβ€”is higher and has grown much more rapidly.
  • The S&P 500, adjusted for inflation, averaged 4,842 since 2022, compared with an average level of 2,410 between 2007–2019 and 3,392 between 2017–2019.
  • The S&P 500 has grown 19.6% annually since 2022, compared with 6.6% growth between 2007–2019 and 10.0% between 2017–2019.

www.epi.org

Seven reasons why today’s economy is historically strong

Economic performance looms large in every presidential election year. In 2024, people’s perception of their own economic situation is high, yet their estimation of the economy’s performance more generally has been noticeably negative. It is often taken as given in economic commentary that the...
www.epi.org www.epi.org
 
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π’‹π’–π’†π’”π’–π’•π’ˆ

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Kamala Harris Economic Plan.




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π’‹π’–π’†π’”π’–π’•π’ˆ

π’‹π’–π’†π’”π’–π’•π’ˆ

VIP
Dr J Stein makes sense, but just like Ralph Nader, Ron Paul, Bernie Sanders, and others of similar persuasion stands no chance.




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Jill Stein (born May 14, 1950, Chicago, Illinois, U.S.) is a former practicing physician and an environmental activist who has run as the candidate of the Green Party of the United States in multiple elections. She is currently campaigning as the Green Party’s 2024 presidential nominee.
Early life and education

Born to Russian Jewish parents and raised in the Reform Judaism movement, Stein grew up and completed her early education in Highland Park, Illinois, a northern suburb of Chicago. In 1973 she graduated magna laude from Harvard University with a bachelor’s degree in psychology, sociology, and anthropology, and in 1979 she graduated from Harvard Medical School, where she later served as an instructor in internal medicine. In addition, she practiced medicine at health clinics in the Boston area for some 25 years.
 
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The statement comes after Bezos refused to allow The Washington Post to make a presidential endorsement.

β€œMost people believe the media is biased. Anyone who doesn’t see this is paying scant attention to reality, and those who fight reality lose. Reality is an undefeated champion.”

β€œIt would be easy to blame others for our long and continuing fall in credibility (and, therefore, decline in impact), but a victim mentality will not help. Complaining is not a strategy. We must work harder to control what we can control to increase our credibility.”

β€œPresidential endorsements do nothing to tip the scales of an election. No undecided voters in Pennsylvania are going to say, β€œI’m going with Newspaper A’s endorsement.” None. What presidential endorsements actually do is create a perception of bias. A perception of non-independence. Ending them is a principled decision, and it’s the right one.”

β€œLack of credibility isn’t unique to The Post. Our brethren newspapers have the same issue. And it’s a problem not only for media, but also for the nation.”

β€œMany people are turning to off-the-cuff podcasts, inaccurate social media posts and other unverified news sources, which can quickly spread misinformation and deepen divisions.”

β€œWhile I do not and will not push my personal interest, I will also not allow this paper to stay on autopilot and fade into irrelevance β€” overtaken by unresearched podcasts and social media barbs β€” not without a fight. It’s too important. The stakes are too high.”

β€œNow more than ever the world needs a credible, trusted, independent voice, and where better for that voice to originate than the capital city of the most important country in the world? To win this fight, we will have to exercise new muscles.”

β€œSome changes will be a return to the past, and some will be new inventions. Criticism will be part and parcel of anything new, of course. This is the way of the world. None of this will be easy, but it will be worth it. I am so grateful to be part of this endeavor. Many of the finest journalists you’ll find anywhere work at The Washington Post, and they work painstakingly every day to get to the truth. They deserve to be believed.”
 
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