Chip Bok for August 22, 2023

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    aristoclesplato9  9 months ago

    Every aspect of the Biden administration is like watching a train wreck in slow motion.

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    DC Swamp  9 months ago

    Xi is the Biden’s sugar daddy.

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    NeoconMan  9 months ago

    China is having economic problems and it’s all Biden’s fault.

    Huh?

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    gopher gofer  9 months ago

    unlike dc swamp’s puerile nonsense, chip thought he was saying something really profound. oh, wait. it’s puerile nonsense…

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    Henwood  9 months ago

    Pepe and the other trolls appear to have a field day here. Please don’t feed them.

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    JoeBabbs  9 months ago

    Bok and others on the radical right hate Bidenomics and actual economic data:

    High employment, wages up, inflation on the decline, infrastructure and domestic manufacturing investments.

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    Victory  9 months ago

    So now the GOP sycophants DO respect science? Could I get some vaccine, masks, health care, and rights to choose over here

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    julie.mason1 Premium Member 9 months ago

    Unlike his political namesake, the Mango Mussolini’s trains were always two weeks behind. The American train today is on track and on time.

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    gorbag  9 months ago

    There’s at least two reasons we’ve always shunned “industrial policy”: 1) politicians generally pick economic losers and 2) the opportunity for graft and corruption increases exponentially as every business man tries to get a slice of pie. Instead we’ve left it to customers to decide with their wallets what good or bad products are. Let’s go back to that system.

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    Stephen Runnels Premium Member 9 months ago

    No doubt Mr. Bok knows what this cartoon is supposed to mean.

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    ncorgbl  9 months ago

    All the conservative calls for a recession, misplacing blame for inflation, and another paltry attempt, Like ‘Obamacare’, to label a program they can’t even compete with, ‘Bidenomics’ works and is working. Record low unemployment, record high working, record new jobs created, record manufacturing, wages that now out pace inflation, and inflation down to 3% while the rest of the world is still dealing with it. And all while conservatives kick and scream all the way.

    Every Republican/conservative presidency since 1929 has had a depression or recession, some had two. Conservatives have proved beyond the shadow of a doubt, that they cannot manage an economy or govern a country.

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    Jack7528  9 months ago

    So true, socialism doesn’t work. Want to help people, make a product or service that helps as many people as possible, but at the same time do a good job for yourself. People who have done that include Henry Ford Nelson, Rockefeller, Andrew Carnegie, Elon Musk, Steve Jobs, Bill Gates, Paul Allen.

    Each of these men did a lot of good, some of the results have been negative but in each case, they have done more good than harm.

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    I Play One On TV  9 months ago

    China, again for those who care about facts, has reported youth (under-25) unemployment at over 21%. Many observers feel that number is less than the truth. Regardless, the Chinese government has fixed the problem by choosing to no longer report those statistics. (Just like Florida’s Covid statistics….)

    In contrast, in the US the job market is hot; unemployment is at a statistically-low level.

    Chinese people are not spending money, preferring to save, as they do not trust their government’s policies. This is leading their economy into deflation. In contrast, Americans are spending more than before the pandemic, in spite of inflation.

    In America, the housing industry is being buffetted by high mortgage-interest rates and not enough supply. A slowdown indeed, yet builders are responding, and many localities are specifically green-lighting affordable-housing developments.

    In China, you pre-pay for your home before the foundation is laid; this helps the developers continue to develop. Until they stop developing when they run out of money (and who’s going to tell us how they managed to do that?), and then they stop building. Too bad, so sad: another big reason Chinese people are reluctant to spend. And the government has no plans to help those victims nor to deal with those large companies teetering on the brink of collapse.

    Otherwise, the economic policies of the US and China are one and the same, and Mr. Biden owes the Mr. Xi a debt of thanks for allowing him to plagiarize their winning ways. Thanks for pointing this out, Mr. Bok.

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    lawguy05  9 months ago

    Biden is so dazed and confused he thinks his STUPID AND HARMFUL economic policies are actually good for America.

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    Civitas Libertas  9 months ago

    Reality. This cartoonist really needs to try it sometime.

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    braindead Premium Member 9 months ago

    Piece of Chip Bok is claiming that somehow Bidenomics is causing problems with China’s economy?

    I guess piece of Chip wants us to send chip manufacturing back to China. You know, just to help out.

    What a maroon.

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    moosemin  9 months ago

    We haven’t yet recovered from Reagonomics! (At least not the working/middle class!)

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    Sun  9 months ago

    Bidenomics is trickle down misery.

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    MuddyUSA  Premium Member 9 months ago

    Another Biden appointee……………..

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    MC4802 Premium Member 9 months ago

    @ChipBok – a little light reading to help you get up to speed on that wonderful Chinese economy…

    https://www$cnn$com/2023/08/21/economy/china-economy-troubles-intl-hnk/index$htmlhttps://foreignpolicy$com/2023/08/22/china-economy-crisis-investors-xi-health-care-property/https://www$bloomberg$com/news/features/2023-08-20/xi-jinping-is-running-china-s-economy-cold-on-purposehttps://www$ft$com/content/01d9f682-d967-488b-a532-5cc7627b02cdhttps://economictimes$indiatimes$com/news/international/business/chinese-real-estate-giant-evergrande-files-for-bankruptcy/articleshow/102815912$cmshttps://www$nytimes$com/2023/08/22/business/china-economy-property$htmlhttps://www$economist$com/finance-and-economics/2023/07/17/how-much-trouble-is-chinas-economy-in

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