Irenaeus, Siteadmin, Check users, oversight, Administrators
351,427
edits
Changes
Jump to navigation
Jump to search
Line 90:
Line 90: − +
→Biden possible drop out and possible Michele Obama running
:::::Right now, the Democrats are very slightly favored to win the White House according to data compiled from the [[political betting markets]].[https://electionbettingodds.com/PresidentialParty2024.html]
:::::Right now, the Democrats are very slightly favored to win the White House according to data compiled from the [[political betting markets]].[https://electionbettingodds.com/PresidentialParty2024.html]
:::::The economy is going to be a key issue in the 2024 election. "The Federal Reserve’s forecasting tool currently puts the odds of a recession within 12 months at 51.84%, its highest reading in four decades."[https://www.fool.com/investing/2024/01/07/buy-stocks-in-2024-advice-from-warren-buffett/]". As a result, U.S. economic growth is projected to be 2.4% in 2023 and 1.5% in 2024. These figures are below the G20 averages of 3.1% for 2023 and 2.8% for 2024, but above the OECD averages of 1.7% and 1.4% for the same years". - ''Forbes'', December 2023.[https://www.forbes.com/sites/ankitmishra/2023/12/18/leading-experts-weigh-in-on-growing-the-us-economy-in-2024/?sh=4d276f5151a5] "Private sector experts expect inflation to drop below 2.5% in 2024, according to the Federal Reserve Bank of St Louis. Goldman Sachs projects core PCE inflation will fall to around 2.4% by December 2024. The firm anticipates rebalancing in the auto, labor and housing rental markets will spearhead the disinflation." - Forbes, January 2024.[https://www.forbes.com/advisor/investing/inflation-outlook-2024/#:~:text=Private%20sector%20experts%20expect%20inflation,markets%20will%20spearhead%20the%20disinflation.]
:::::The economy is going to be a key issue in the 2024 election. "The Federal Reserve’s forecasting tool currently puts the odds of a recession within 12 months at 51.84%, its highest reading in four decades."[https://www.fool.com/investing/2024/01/07/buy-stocks-in-2024-advice-from-warren-buffett/]". "As a result, U.S. economic growth is projected to be 2.4% in 2023 and 1.5% in 2024. These figures are below the G20 averages of 3.1% for 2023 and 2.8% for 2024, but above the OECD averages of 1.7% and 1.4% for the same years". - ''Forbes'', December 2023.[https://www.forbes.com/sites/ankitmishra/2023/12/18/leading-experts-weigh-in-on-growing-the-us-economy-in-2024/?sh=4d276f5151a5] "Private sector experts expect inflation to drop below 2.5% in 2024, according to the Federal Reserve Bank of St Louis. Goldman Sachs projects core PCE inflation will fall to around 2.4% by December 2024. The firm anticipates rebalancing in the auto, labor and housing rental markets will spearhead the disinflation." - Forbes, January 2024.[https://www.forbes.com/advisor/investing/inflation-outlook-2024/#:~:text=Private%20sector%20experts%20expect%20inflation,markets%20will%20spearhead%20the%20disinflation.]
:::::Since the economy is slightly favored to be in recession and the public doesn't usually recognize that inflation is over until several months afterwards, that is why the Democrats are engaging in lawfare and hoping Biden's encumbency is going to be enough. [[User:Conservative|Conservative]] ([[User talk:Conservative|talk]]) 07:40, January 8, 2024 (EST)
:::::Since the economy is slightly favored to be in recession and the public doesn't usually recognize that inflation is over until several months afterwards, that is why the Democrats are engaging in lawfare and hoping Biden's encumbency is going to be enough. [[User:Conservative|Conservative]] ([[User talk:Conservative|talk]]) 07:40, January 8, 2024 (EST)