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Seven Reasons to Be Extremely Optimistic
About the Economy Right Now

Original Article

Posted By: rememberwhen, 7/1/2021 3:13:13 PM

The U.S. economy is in the middle of an awkward transition. Like a groggy bear roused from hibernation, the country is no longer dormant due to the pandemic but isn’t quite back in full form either. Millions remain unemployed, businesses are having trouble hiring, workers are still avoiding the office, and shortages of everything from lumber to computer chips have helped push up consumer prices.  CORRECTION*


Concerned about the economy under Bidenomics? This leftist rag provides a rose-colored view. Good times are just around the corner, don't you know.

*Wide headline split.  Failure to do so will cause post to be deleted.

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Reply 1 - Posted by: sanspeur 7/1/2021 3:14:21 PM (No. 832789)
cause we can legally buy/smoke dope now ? we will be happier ?
8 people like this.

Reply 2 - Posted by: Venturer 7/1/2021 3:16:59 PM (No. 832792)
I can give a lot more then 7 reasons the economy is in trouble. 50 democrat Senators, 222 democrats in the House and Biden and Cameltoe as Pres. and VP.
35 people like this.

Reply 3 - Posted by: SALady 7/1/2021 3:18:57 PM (No. 832795)
Wow, I see that salon.commie is back to their lie-beral "logic" again -- which is making all assumptions based on feelings instead of logic, reason, or facts!!!
17 people like this.

Reply 4 - Posted by: Rand Al'Thor 7/1/2021 3:30:13 PM (No. 832805)
I like the optimism, but he refers to the "Biden boom" and quotes Paul Krugman as an authoritative source. Accordingly I'll choose to continue to be concerned.
20 people like this.

Reply 5 - Posted by: mc squared 7/1/2021 3:33:20 PM (No. 832810)
When Salon speaks we should all listen
3 people like this.

Reply 6 - Posted by: snowoutlaw 7/1/2021 3:36:07 PM (No. 832815)
The Biden Boom will be an implosion.
16 people like this.

Reply 7 - Posted by: Petronius 7/1/2021 3:41:37 PM (No. 832824)
If Krugman is predicting a good economy, you had better prepare for a recession. That idiot is never right.
25 people like this.

Reply 8 - Posted by: JubilationTCornpone 7/1/2021 4:03:37 PM (No. 832845)
Everything’s going to be sunshine and roses and rainbows and unicorns! The Marxist Democrats couldn’t possibly screw this up, could they? Could they?
8 people like this.

Reply 9 - Posted by: Nashman 7/1/2021 4:05:39 PM (No. 832848)
The Onion? Babylon Bee? That makes sense and reading it with that in mind? Really really funny. Salon? Really? What a pile of Yak load.
8 people like this.

Reply 10 - Posted by: stablemoney 7/1/2021 4:14:15 PM (No. 832857)
The only thing booming is debt. Now higher that after we emerged from WWII. And the left is not done. Only 6 months into this administration. The other thing booming is money printing. Inflation is not behind us, it is in front of us, and is not temporary. Indoor eating restaurants are not recovering. Half the economy is government debt. This is a shoddy foundation to walk across.
11 people like this.

Reply 11 - Posted by: red1066 7/1/2021 4:14:16 PM (No. 832858)
I would be encouraged to believe the economy is getting better if this wasn't coming from some Marxist rag.
3 people like this.

Reply 12 - Posted by: NorthernDog 7/1/2021 4:23:12 PM (No. 832876)
They certainly leave out a lot. The price of building materials may be leveling off or declining a bit, but those costs are still significantly higher than just 6 months ago. It's like saying - good news - your blood pressure has leveled off at 210 over 125.
10 people like this.

Reply 13 - Posted by: GoodDeal 7/1/2021 4:29:49 PM (No. 832887)
The economy is on a sugar high due to outrageous government fiscal policies. What goes up WILL come down. Get liquid boys.
4 people like this.

Reply 14 - Posted by: earlybird 7/1/2021 4:32:46 PM (No. 832888)
This is from Salon. The NYT is trumpeting: "Breaking News: The economic recovery is exceeding expectations, aided by federal spending set to push the deficit to $3 trillion this year, federal forecasters said.”
2 people like this.

Reply 15 - Posted by: chance_232 7/1/2021 4:33:42 PM (No. 832891)
A few thoughts. The ONLY reason that the US economy isn't in a complete shambles is due to the strength of the economy pre-covid. Had the shut downs lasted 2 weeks instead of a year, the economy would have picked right back up and possibly we wouldn't have lost a third of the nations small businesses. That said, when the non-eviction/foreclosure edicts lapse, I believe that the real-estate market is going to crash, ala 2008. The number of evictions and foreclosures will be epic. The commercial real-estate market is already in the crapper. Businesses discovered that they didn't need all of that office space, and that trend will continue. The enhanced unemployment has led to ever increasing labor costs, labor shortages, material and product shortages and ever increasing inflation. Runaway government spending and near zero interest rates are further exacerbating the problem. Then.......there will be bankruptcies galore. Plus an administration hell-bent on destroying the fossil fuel industry, admitting more illegal immigrants that will take those minimum wage jobs, ever increasing regulations that with strangle start up and existing small to mid sized businesses. Buckle up folks...................really really bad things are coming. Only libtards are incapable of seeing that freight train barreling down the tracks.
6 people like this.

Reply 16 - Posted by: BarryNo 7/1/2021 4:40:02 PM (No. 832900)
What... A... Howler!!! We have a National Steel shortage... a National Beef Shortage, A National OIl and Natural Gas Shortage... Taxes are going up... wages, not so much... (unless, of course you are on the extended unemployment) There are going to be food shortages, soon. What Economy, Salon!?
6 people like this.

Reply 17 - Posted by: formerNYer 7/1/2021 4:42:52 PM (No. 832905)
Pay no attention to that inflation behind the curtain, we are the great and powerful Salon, who couldn't find their butt with a search warrent, a .45 and their own two hands. The Worst of Inflation Might Already Be Behind Us - yeah dude I'm not so sure about that, didn't gas just have a huge increase today? That cost isn't just to drivers when energy prices go up all prices on all good go up. have you tried to buy beef lately? You need a home equity line.
3 people like this.

Reply 18 - Posted by: pmcclure 7/1/2021 4:44:43 PM (No. 832910)
We are facing a tidal wave of inflation in the near future.
3 people like this.

Reply 19 - Posted by: Come And Take It 7/1/2021 4:46:47 PM (No. 832917)
Salon? LOLOL. True experts on the economy.
3 people like this.

Reply 20 - Posted by: marbles 7/1/2021 4:55:27 PM (No. 832925)
If Salon ( part of the dems PR machine ) had to write/publish this crapola things are bad and are going to get worse.
1 person likes this.

Reply 21 - Posted by: DVC 7/1/2021 4:58:26 PM (No. 832930)
Nothing that Krugman predicted EVER actually happened.
3 people like this.

Reply 22 - Posted by: GoodDeal 7/1/2021 6:04:52 PM (No. 832993)
Try spending every dime you have in the bank and charge on your credit cards up to the max, then ask for credit increases, then spend it, and then claim you are on the road to financial recovery. Your wife will divorce you and your kids will hate you.
2 people like this.

Reply 23 - Posted by: volksford 7/1/2021 6:17:32 PM (No. 833012)
Look for a crash by 2022 before the mid terms.
0 people like this.

Reply 24 - Posted by: JHHolliday 7/1/2021 7:23:26 PM (No. 833066)
“Happy days are here again”…not. Salon can spin this like a top but sane people can see the Carter years are here again and getting worse. We ain’t seen nothing yet. Whatever you have to do, cut back and get out of debt. Watch the feds on your IRA/401k. They have already talked about taking 6% of your savings as a “one time” assessment to help out their drunken sailor spending. Actually, that’s a slur on drunken sailors. At least the sailors are p***ing away there own money.
0 people like this.

Reply 25 - Posted by: kono 7/1/2021 9:29:49 PM (No. 833146)
What a crock of -----. Salon seems to have doubled-down in the fakenews gaslighting game.
0 people like this.

Reply 26 - Posted by: TLCary 7/1/2021 9:40:49 PM (No. 833149)
When this ponzi-scheme economy crashes from rampant inflation and regulatory stranglehold…. Salon will blame Trump.
0 people like this.

Reply 27 - Posted by: MickTurn 7/1/2021 10:31:03 PM (No. 833183)
Oh, Yea, we'll all be very happy as we move into the poor house...MORON!
0 people like this.

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