Friday, January 12, 2024

Bidenomics

 


Bidenomics: How Joe Biden’s Policies Are Shaping the U.S. Economy (investopedia.com)
  Bidenomics receives strong support from some and vocal criticism from others. While praise and criticism often fall along political lines, this is not exclusively the case.

 Bidenomics: Whopping 38% of Companies Say They're Likely to Have Layoffs in 2024 Due to 4 Reasons, Survey Shows (ijr.com)  "Even as President Joe Biden runs around the country claiming that Bidenomics is “working” for America, 38 percent of U.S. companies are warning that they are looking to launch mass layoffs this year.

"Major U.S. companies began signaling late last year that they were pumping the brakes on their expectations for 2024 and are also looking to shed thousands of workers as Bidenomics continue to batter them.

"Layoffs are looming for companies including Nike, toy maker Hasbro, Roku, Amazon, Spotify, and more, according to Forbes.

"The outlook for 2024 comes on the tail of a large number of layoffs in 2023, as well. Sixty-five percent of companies had layoffs last year, worker information website Resume Builder reported." . . .

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