Strategic Wealth Partners CEO and president Mark Tepper claims President Biden is too busy ‘popping champagne bottles’ despite the economy ‘softening’ on ‘Maria Bartiromo’s Wallstreet.
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Amid the ongoing COVID-19 pandemic, the United States is grappling with a slumping economy. Even as experts warn of a recession and mass layoffs are affecting a range of industries, presidential candidate Joe Biden has been touting his plans to get America back on its feet.
Speaking to supporters last week, Biden outlined his vision for economic recovery, highlighting the need for investments in infrastructure and green energy. He also emphasized the importance of supporting small businesses and ensuring workers have access to affordable healthcare and paid leave.
“We’ve got to get our economy moving again,” Biden said. “We need to invest in the future and create good-paying jobs for American workers.”
Biden’s rhetoric is a stark contrast to that of President Donald Trump, who has repeatedly touted the strength of the pre-pandemic economy and has largely downplayed the impact of the current crisis. Trump has even suggested that states should prioritize reopening their economies over public health concerns, a stance that many experts warn could lead to a resurgence of the virus.
In addition to his economic proposals, Biden has also criticized Trump’s handling of the pandemic, arguing that the administration’s delayed response and lack of a coherent strategy have worsened the economic fallout.
“The coronavirus pandemic has hurt our economy, but Trump’s incompetence has made the situation far worse,” Biden said. “We need leaders who will prioritize the health and safety of the American people and work to build a more resilient economy.”
As the race for the White House heats up, the state of the economy is likely to be a major issue for voters. Many worry that the fallout from the pandemic could lead to a prolonged recession and widespread job loss.
Biden’s economic proposals, which include a $2 trillion plan to invest in infrastructure and clean energy, could appeal to those looking for a bold, long-term solution to the economic crisis. However, his critics argue that his plans would lead to higher taxes and increased government regulation, which could stifle growth and innovation.
As the pandemic continues to ravage the country, it’s clear that the economy will remain a key issue in the coming months. Whether Biden’s vision for recovery resonates with voters remains to be seen, but his emphasis on investing in the future and putting workers first is a message that many may find compelling in these uncertain times.
The economy is absolutely horrible.
Interest rate is currently at 4.75%(8th rate hike since March last year) Inflation at 7% and mortgage rates is at over 7.5% but yet minimum wage remains the same and my retirement portfolio has suffered tremendously these past years, so my question is how do senior citizens retire and live off such unstable economy. The long term game is obviously not for me at this point.
Might as well go to the casino, everything in life is a gamble anyways.
Biden should have resigned after giving that ridiculous, state of the union address. Everything he said in it was garbage, and he is still blaming Trump for all his own useless policies. The problem is Biden reversed all Trumps America first policies. America should send a spy balloon over China and put Biden on it ,with with his crime family ,crooked General Milley for not protecting the border, when it is his job, corrupt to the core Garland and Whay, in fact send all that crooked Biden administration with Biden, then install Trump the real winner of the 2020 election back into the white house, to make America great again.
Feels more and more like we are being handed over to China
So stocks are up and Maria asked Mark Tepper, the financial strategist expert, "why is there this big pop in stocks", and his answer was "It's strange"….and then goes on to talk about company layoffs and to tell people to invest in BJ's, a wholesale club……Well that really cleared that up, lol……
I think I would have went with: Well let's understand the definition of stock price in economics, it is the present value of future earnings, not the value of current earnings. The stock market is basically investors making predictions and believing the economy and the businesses will do better in the future. And then I would have said when good news comes in, markets don’t always go up, in fact, they only do if it’s better than what investors expected. This is what you are witnessing today. It doesn’t mean things are going well right now, it just means investors predict they will in the near future which could mean months or years from now. In our current terrible state of economy – most likely years.
Biden is a absolute lethargic degenerate !!!!!!!
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
Biden has done nothing for America. 2024 can't get here soon enough. Biden and Harris have to go.
Yeah layoffs. Lol. 517,000 jobs added in January. Guess you missed that. 3.4 percent unemployment rate now. Lowest unemployment rate 54 years. Greatest jobs growth in history. Manufacturing rebounding fastest in years. Plesse stop crying republicans. Lol
Biden's brains are in his pants. We all kmow how that worked out when he went to see the queen.
More lies from the Liar in Chief.
Sad that so many people blame Biden like he's the mastermind behind this..
He can't even speak coherently or walk up a flight of stairs. I doubt he can even tie his own shoes
YOU WORK FOR 40YRS TO HAVE $1M IN YOUR
RETIREMENT, MEANWHILE SOME PEOPLE ARE PUTTING JUST $10K IN A MEME COIN FOR JUST FEW MONTHS AND NOW THEY ARE MULTIMILLIONAIRES…….
ALL dems are delusional and Biden leads their pack.
really was the lies told to create the inflation and dirty money from corporate giants
Democrats do what they want to do and there’s nothing you can do about it. People will keep voting for them
I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.
WHEN YOU ARE IN THE GUTTER YOU WILL REALIZE IT .
PATHOLOGICAL LIAR
What a woke cluster mess. Get your woke 2 X 4 at my site. Help fix USA.
WE ALL KNOW BIDEN IS A PATHALOGICAL LIAR.
HE LIVES IN HIS OWN WORLD, NOT IN THE REAL WORLD THAN WE DO.
WHAT WAGE INCREASE?
RAISING MINIMUM WAGE, ONLY MAKES MY WAGES GO DOWN!
And yet he will be voted back in!! People do not do enough research before voting. They vote these people in because their great grandparents were Dems so they have to be a Dem! Start preparing he is leading us into Communism
Please remember Fox News was instrumental in gaslighting gullible Fox News republicans in the days weeks and months after the 2020 election into believing Joe Biden got eighty one trillion votes lol Fox News sucks.
Fox is fake news just like Hannity all of Fox is fake
Fox news can twist the numbers as much as they want but the economy is very hot right now . People are still spending like crazy. New houses are being built . New car sales are strong. Don't get me wrong. Joe Biden completely sucks as a president but the economy is strong right now .
SLEEPY, POTATO HEAD, BUMBLING , BAFFLING , SENILE , LIVING IN A BUBBLE FANTASY LAND JOEY BIDEN THE PUPPET TO THE DEEP STATE SWAMP RAT SOCIALIST NATIONAL DEMOCRATIC SCUM SUCKING EVIL PARTY POLITICIAN COHORTS IS NOW BEING EXPOSED TO THE TRUTH OF HIS ACTIONS AND BEHAVIORS AND HE AND HIS ENTIRE ADMINISTRATION WILL SOON BE REMOVED FROM OFFICE BY THEIR OWN INCOMPETENT ACTIONS AND CRIMINAL BEHAVIORS, THE TRUTH WILL ALWAYS RISE TO THE SURFACE IN A FREEDOM LOVING UNITED STATES OF AMERICA, AND THE CORRECT AMENDS WILL BE MADE, AND ACTIONS TAKEN .
WE AS A NATION ARE NOT PERFECT , HOWEVER WE ADMIT OUR FAULTS AND FIGHT TO CORRECT OUR ERRORS TO GO IN A POSITIVE PRODUCTIVE DIRECTION FOR OUR FREEDOM , LIBERTY, AND JUSTICE FOR ALL, IN GOD WE TRUST, HE HAS GOT A GREAT SENSE OF HUMOR AND WE PLACE OUR TRUST IN HIM TO GUIDE US IN THE CORRECT DIRECTION, IT IS CALLED DIVINE INTERVENTION , OR IF THAT IS TOO MUCH FOR YOU TO COMPREHEND , GOOD ORDERLY DIRECTION , (G. O. D.) ,PERIOD !!!!!!!.
Don't believe anything Joe Biden says he's a false leader.
When corpse whispers "everything is gona be fine " you know it's not. Taking a line from orange messiah "like a miracle, it'll just go away, eventually ". Fjb
The biden admin are either grossly incompetent or intentional saboteurs
You can’t find a job, and everything costs more….. democrap philosophy – 81 million votes…. Just can’t fix stupid.
He could kiss his re election good buy
After the market's Significant gains in the last few years after the worst pandemic , officially entered a new bear market earlier this year, but .My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US and for sure my diversification process but still on fence about the market future
The scary part is what will they do to hide the news from the public.
Title change: Inflation because Republican business owners raising prices, including price gouging.
The Brandon administration is wrecking the US -stopping up the keystone pipeline, disintegrating the border, printing/spending money, thus increasing debt and inflation, which decreases the value of the dollar; they left billions worth of our military equipment in Afghanistan, depleting the strategic oil reserve, and now, weakening our military by sending more and more equipment to Ukraine. Does Ukraine belong to NATO worth it all?
Cracker Joe, in case the absence of your realizing the fact that your job was given to you by voters, any assumed sense of gaudy importance is regulated as a demonstration that you are a servant of the American public and consequently, you are not more important than any of the voters that hauled your azz in office. Cracker Joe, you are a stinky racist with no attribute ability of a talented president running the affairs of the USA and naturally your blatant instinct underachievement will be sullied in public. You are an old punk Joe!
Americans deserve every bit of suffering to come for allowing Joe Biden to remain in office. His party's policies are obviously disastrous.
I got a funny feeling they're going to hike everything up probably three maybe four per cent by the end of this time next year