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🛡️🦓💤☠️ gDao.org retweeted
Replying to @novogratz
BITCOIN is and has always been Risk On. It has never existed outside of a Cheap Credit, high risk, Growth Bull Market cycle #TrumpSlump #TrumpCrash #COVID #DropOutAmy
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Jeannine bartel retweeted
Replying to @ohiogop
Used car prices skyrocketed because rental car companies liquidated their inventory to survive the #TrumpSlump and demand has outpaced supply as they’ve tried to build it back to meet skyrocketing demand as America reopened on Biden’a watch.
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Replying to @TheDemocrats
Exactly. Every single congressional Republican voted against the American Rescue Plan, which helped end the #TrumpSlump and launch the #BidenBoom:
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We need to pass @JoeBiden American Families Plan so women, who have taken a disproportionate share of the economic pain of the #TrumpSlump recession, can return back to work. Many won’t or can’t until kids are back in school in the fall. They need help. whitehouse.gov/american-fami…
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After the #TrumpSlump (which did briefly have lower gas prices since... you couldn't go anywhere) comes the #BidenBoom when we defeat #COVID19 and #BuildBackBetter.
Gas was cheaper in 2020 because the pandemic limited travel -- and the unemployment rate was over 13%. Today: gas prices are where they were in 2018, unemployment is below 6%, and growth is the highest in 40 years. June 2020 v. June 2021? Happy to have that debate!
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Replying to @JonHusted
Not surprising given that prices a year ago were depressed by the #TrumpSlump recession, car rental places l,which unloaded their inventories then, are now frantically buying used cars to increase capacity which has driven prices up.
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The fact that this hasn’t happened since the last economic turnaround from a deep recession (one more shallow than the #TrumpSlump) is a sign that this is actually temporary and expected due to skyrocketing demand outpace supply chain/labor market capacity to adjust to compensate
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Show this thread
Hey, Doctor of Philosophy in Economics, last year this was the situation. #TrumpSlump #TrumpRecession #TrumpDisaster
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Replying to @JaneTimkenOH
Trump’s policies causes the #TrumpSlump that cost Ohio 200k jobs.
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#MorningJoe POTUS Joe's Jobs report turns around the #TrumpSlump
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GIF
#MorningJoe Jobs report turns around the #TrumpSlump
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Both surveys in the jobs report shows half a million of Americans went from unemployment to employment. This is a good jobs report and good news for American and for the 200k Ohioans who lost their jobs during the #TrumpSlump.
Another disappointing Jobs Report for the second month in a row. The labor participation rate actually edged down. Democrats’ policy of paying people not to work is suffocating the economic recovery. So much for Build Back Better.
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