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Author Topic: Will President Joe Biden be good for business?  (Read 711 times)
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January 20, 2021, 06:00:35 PM
 #1

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?

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January 20, 2021, 06:30:21 PM
 #2

Joseph Robinette Biden
Lol, is that his middle name?  I confess I don't watch the news and hate politics, but that's an interesting one if true.

IMO Biden won't be any worse than Trump for business or anything else, although I don't know about his tax policies or how much he likes war.  One thing that Trump didn't do was get the US involved in any massive conflicts.  But in either case, I think Biden will be fine for the economy/business as long as his policies can get the coronavirus outbreak under control.  That, I think, is the main variable as far as the economy is concerned.  We can't keep businesses closed and people out of work and still expect to be a prosperous country.

Time will tell.  I'm just ecstatic that Trump is (almost) out of the White House.  I was afraid we'd be in for another four years of that BS.

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January 20, 2021, 07:07:11 PM
 #3

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?

What we had heard of when we are still in pre-election phase? Lets see if he would really be following it out or would see a typical promised-based words
which wont really happen into his term.We dont know on whats up to his mind and decisions will really be varying on several factors that might really be
changing up on what they had been promised on. Good for business? lets see on future months or years ahead.

R


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January 20, 2021, 07:35:26 PM
 #4

Joe Biden's platform and policies are identical to his democrat base in states like california and new york. One might say, it is possible to predict the effect Biden's policies will have on business by looking at the net effect similar policies have had in those states. Elon Musk recently moved from california to texas. Citing the negative business atmosphere democrats have created there. If Biden follows the same democrat policies, we could see the same bad policies we've seen in california and new york. Only on a national scale, throughout the entire country. Which would be very bad for the USA.

What's bad for america, could be good for europe and asia. If the united states declines, it would create opportunities for other nations to expand their marketshare. And that could well be one intended effect of Biden assuming the Presidency.
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January 21, 2021, 05:34:17 AM
 #5

Joseph Robinette Biden
Lol, is that his middle name?  I confess I don't watch the news and hate politics, but that's an interesting one if true.

IMO Biden won't be any worse than Trump for business or anything else, although I don't know about his tax policies or how much he likes war.  One thing that Trump didn't do was get the US involved in any massive conflicts.  But in either case, I think Biden will be fine for the economy/business as long as his policies can get the coronavirus outbreak under control.  That, I think, is the main variable as far as the economy is concerned.  We can't keep businesses closed and people out of work and still expect to be a prosperous country.

Time will tell.  I'm just ecstatic that Trump is (almost) out of the White House.  I was afraid we'd be in for another four years of that BS.
Not so sure they are talking about unrealized capital gain taxes. That would destroy HODLING because people would have to pay taxes every year even if they never cash out. Not good imo!
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January 21, 2021, 03:35:54 PM
 #6

Will President Joe Biden be good for business?

It is the same. It does not matter. Crypto takes power from state and from politicians. All are against it. But on other hand crypo will reduce costs in economy, so good for any country economy.




Time will tell.  I'm just ecstatic that Trump is (almost) out of the White House.  I was afraid we'd be in for another four years of that BS.

Yup our physical health is most important. Keep listening his bullshit took everyone 5 years of their lives. Whoever would replace him fixes that.
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January 21, 2021, 03:51:42 PM
 #7

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?


I think the hold world is expecting great things from Biden. Let's hope he can actually deliver them. In general we see that Democrats are usually pro Free Trade and this means that trade agreements could be made again which would mean a big economic boom in the next years. USA needs to normalise their tensions with China and work on a free trade agreement with the EU, if these issues can be resolved in quick time I would argue that it's definitely going to be pro business. Also riots should hopefully stop in the near future.
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January 21, 2021, 03:55:18 PM
 #8

Its been already said that There will be higher tax bills for Corporates in Republican rules under Joe Biden which may harm the companies and even make them to move other region where there is tax friendly. But the business is going to be better than Trump and also more contract and trade deals with US allies in his time period.









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January 21, 2021, 04:00:18 PM
 #9

Trump has set the standard for what a US president shouldn't do which is why Biden will perform much better than him in all areas such as improving the economy, improving trade relations, enforcing climate change related policies etc.

One big advantage related to Biden is that his style will probably be similar to Obama which is a good thing and his experience in politics will definitely help deliver the goods in my opinion.

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January 21, 2021, 04:09:03 PM
 #10



It wont be easy for him since people are going to really expect more than what people had before him. The social media will tell, even if the mainstream media will paint him white the social media will always tell the truth. He can engage in war for a million times but times changed already.

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January 21, 2021, 04:15:46 PM
 #11

We are yet to see some detailed plans for the recovery of the US economy. It seems that some people on his administration right now aren't up to the job just yet, and may require some guidance when it comes to which bills should they pass, projects to focus on, etc. such as the Secretary of the Treasury re: cryptocurrencies. Anyway, if worse comes to worst, we will surely expect a lot of people to be really angry on him if his admin fail to get the Americans out of the shithole that Trump placed them in for the last 4 years. For now, the economic recovery plan is still full of promises and somewhat lacking in terms of action plan, but we'll see that in the next few weeks.

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January 21, 2021, 04:38:30 PM
 #12

How does Biden bring about the political economic cohesion and democracy of the United States?  But again, I wish you, for one of the reasons, his age has made history as well as the almost absolute support of American citizens.  - Stocks and Crypto with green points also work from Mr. Biden.  Truth

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January 21, 2021, 04:46:49 PM
Last edit: January 21, 2021, 05:04:56 PM by Chrystora123
 #13

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?

I can not deny that every elected president of the USA will definitely affect the economy of my country even though it is not too big.  as usual that every politician's promise should not be expected to come true (realized).  but I see Biden as much more tolerant than Trump, hopefully the US "great again" under Biden's command..

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January 21, 2021, 04:58:14 PM
 #14

I think he will.
In order to do some good business you need to have a good relationship with people.
I think joe biden has the quality.
In the first day of work he unbanned  6/7 muslim countries which will lead him to maintain a good relationship with those Countries and also other muslim countries.

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January 21, 2021, 05:04:23 PM
 #15

It is all depends on hope. If he wants then he can done a great change in economy by doing great thing for business. Such as supporting more import, export with other countries which was ban for usa.  If government gives chance more country to import their product or welcome to creat their business in us then lots of people get work in their company. plus USA businesses  also get chances to export their product more country. Because we know that maximum countries people has a huge demand of USA products. Soo there will be a huge opportunity for all USA BUSINESSES. And they gain more profit means USA economy green signal. Now all depends on present mr. President. Hopefully he will done his work for people.
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January 21, 2021, 07:30:41 PM
 #16

Those who have cigars and lambos always have them no matter what kind of president or government.
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January 22, 2021, 08:00:07 AM
 #17

Joe Biden's platform and policies are identical to his democrat base in states like california and new york. One might say, it is possible to predict the effect Biden's policies will have on business by looking at the net effect similar policies have had in those states. Elon Musk recently moved from california to texas. Citing the negative business atmosphere democrats have created there. If Biden follows the same democrat policies, we could see the same bad policies we've seen in california and new york. Only on a national scale, throughout the entire country. Which would be very bad for the USA.

What's bad for america, could be good for europe and asia. If the united states declines, it would create opportunities for other nations to expand their marketshare. And that could well be one intended effect of Biden assuming the Presidency.
Those "bad" policies for business' are not bad for the public, and that is how the world should be run but people are not realizing this.

I understand that wanting less government and wanting more freedom is a very hip thing with the republicans, they want to be capable of picking their own faith, but if government just makes sure that there is nothing wrong with this and let everyone live however they want, there will be a lot of homeless people, starvation, healthcare problems that people die from when it could be saved (such as insulin being so expensive that a thing other nations giveaway for free is a death sentence for poor in USA) and many other problems.

Modern world doesn't allow "less government" which means those people like Elon musk getting away from paying taxes because its "bad policies" are actually things that help tens of millions of people. Elon Musk literally said that "I rather have more billions of dollars then help other people" and there is no reason why I should support that decision he made.
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January 22, 2021, 08:45:33 AM
 #18

Joe Biden's platform and policies are identical to his democrat base in states like california and new york. One might say, it is possible to predict the effect Biden's policies will have on business by looking at the net effect similar policies have had in those states. Elon Musk recently moved from california to texas. Citing the negative business atmosphere democrats have created there. If Biden follows the same democrat policies, we could see the same bad policies we've seen in california and new york. Only on a national scale, throughout the entire country. Which would be very bad for the USA.

What's bad for america, could be good for europe and asia. If the united states declines, it would create opportunities for other nations to expand their marketshare. And that could well be one intended effect of Biden assuming the Presidency.
Those "bad" policies for business' are not bad for the public, and that is how the world should be run but people are not realizing this.

I understand that wanting less government and wanting more freedom is a very hip thing with the republicans, they want to be capable of picking their own faith, but if government just makes sure that there is nothing wrong with this and let everyone live however they want, there will be a lot of homeless people, starvation, healthcare problems that people die from when it could be saved (such as insulin being so expensive that a thing other nations giveaway for free is a death sentence for poor in USA) and many other problems.

Modern world doesn't allow "less government" which means those people like Elon musk getting away from paying taxes because its "bad policies" are actually things that help tens of millions of people. Elon Musk literally said that "I rather have more billions of dollars then help other people" and there is no reason why I should support that decision he made.
The bad policies are bad for the public. What are you talking about?! In San Francisco there's human feces everywhere. People have to step over needles in the streets. People are living in tents under bridges! I guess you have been watching too much mainstream news! California is almost bankrupt. If businesses suffer employees suffer.
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January 22, 2021, 08:53:33 AM
 #19

How does Biden bring about the political economic cohesion and democracy of the United States?  But again, I wish you, for one of the reasons, his age has made history as well as the almost absolute support of American citizens.  - Stocks and Crypto with green points also work from Mr. Biden.  Truth
He won't bring cohesion and democracy. And he did not receive absolute support. Even with cheating he barely beat Trump. Trump actually won the election. Biden is illegitimate.

Biden was protected by the establishment and media and they cheated. There were thousands of witnesses who signed affidavits. But the courts, are corrupt. DC is corrupt. Media is corrupt. There is only one party. The Republican party is in name only. On the big issues they are 100% on the same page as the Democrats. They are Republicans In Name Only (RINO). The Republican Party is dead.

And witness all the censoring coming from the regressive left. There is nothing democratic about the democratic party or the left. They are communists / fascists!

America is collapsing like Rome.
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January 22, 2021, 09:11:23 AM
 #20

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
It somewhat depends on what your expectations for the new government is, but in my heart of hearts, I know Biden would do better than Trump, definitely not all promises will be fulfilled, it's easier to make promises when you're not under pressure, but when you've got the 'job', reality now tells you how difficult it is to accomplish some of the things you said you'll do, the United States can't be any worse than it already is now, so it's up to Joe.
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?
It's always much easier for a new president, if his predecessor left a booming economy before leaving office; but it is what it is, and we all know the state of the economy atm, as a result of a year plus pandemic, it's definitely not going to be a walk in the beach for Joe to fix the economy, there have been a lot of money printing, and there will still be a few more, the aftermath of all this is Inflation, and it could hit the U.S. few years into his tenure.

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bitquad
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January 22, 2021, 10:26:34 AM
 #21

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
It somewhat depends on what your expectations for the new government is, but in my heart of hearts, I know Biden would do better than Trump, definitely not all promises will be fulfilled, it's easier to make promises when you're not under pressure, but when you've got the 'job', reality now tells you how difficult it is to accomplish some of the things you said you'll do, the United States can't be any worse than it already is now, so it's up to Joe.
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?
It's always much easier for a new president, if his predecessor left a booming economy before leaving office; but it is what it is, and we all know the state of the economy atm, as a result of a year plus pandemic, it's definitely not going to be a walk in the beach for Joe to fix the economy, there have been a lot of money printing, and there will still be a few more, the aftermath of all this is Inflation, and it could hit the U.S. few years into his tenure.
Biden is a career politician, he's been in DC for over 47 years. He is also very corrupt. And he is suffering from dementia. He is merely a puppet. Listen to some of his speeches. He can barely string two sentences together. Compare that to Trump's speeches who's far above the capacity of Biden.

You should also realize the economy was booming under Trump. Then the CCP Biological weapon was released with the intent of damaging Trump's economy and to allow them to steal the election via mail-in voting fraud along with hacking the voting machines.

The left will leave a mess in the USA. I don't expect things to be rosy.
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January 22, 2021, 11:14:26 AM
 #22

Looking at the gains recorded on the US stock exchange market after his announcement as the projected winner of the election shows the trust in him and his ability to enact policies that will help improve the economy.
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January 22, 2021, 11:18:30 AM
 #23

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?


He will inherit one of the worst problem, which is the fight against Covid-19, although he laid out his plan, still we really don't know what's going to happen. It might take a full 2 years or even his term to really get the US economy to run again pre-pandemic. And then we have the geo-political issue with China and Russia, so his plate are full.

So let's see how it goes, US citizens that there will be some improvement under Biden's government and who knows, we might get some trickle effect in the future.

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January 22, 2021, 11:36:55 AM
 #24


One thing that Trump didn't do was get the US involved in any massive conflicts.  But in either case, I think Biden will be fine for the economy/business as long as his policies can get the coronavirus outbreak under control.  That, I think, is the main variable as far as the economy is concerned.  

For the democrats, diplomacy is the key too to tribe and push the economic policies but the Republican agenda is usually war or conflict. You can check the American history on this. This kind of behaviour is expected of the political party in power. Although Trump was to the extreme for me on the Democrates style, he would have pushed America into war bwith China or other countries because of his ego and personal character personality of pride and treatment of issues in carefree manner because of his affluence.
We are going to watch if Biden too will be a little different from Republican ideology by not going to war just like Trump too displayed more of contrary ideology of Democrats by always looking at for controversies.

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January 22, 2021, 11:38:35 AM
 #25

Is still difficult to say what and what he is going to do because all we heard before is more of campaign talk and campaign is usually different from reality and the Covid situation will make his job more difficult IMO, but we should expect this airdrop because it is more of Bipartisan IMO, the issue I will have with him is the tax, especially with Crypto gains now because there are so many proposal being thrown around recently


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January 22, 2021, 06:47:21 PM
 #26

Yet we can't be sure about what gonna happen because Biden didn't make any solid, important and life changing decision regarding to the business. But generally, he is an old man and I don't expect to see someone at his age interested with the technology business such as bitcoin. In the other hand, he is a democrat and usually democratic political man will open borders to the foreign business companies with other countries. However, time will show us the truth about him.

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January 22, 2021, 06:53:30 PM
 #27

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
It too early to know all the intention of the new President elect but like you said all hope are high but if people can put their hope in God cause the new president is a human not an angel and I don't expect him to fulfill all promises but it will be nice if he executes 75% out of it.

With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?
Concern the world economy, i think Biden will create fairness in the economy and bring the world together cause it looks like hes also interested in peace.

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January 22, 2021, 11:22:22 PM
Last edit: January 22, 2021, 11:39:52 PM by Hydrogen
 #28

Those "bad" policies for business' are not bad for the public, and that is how the world should be run but people are not realizing this.


What is bad for business.

  • Kills Jobs, income, GDP and decreases standard of living
  • Decreases tax revenues for governments

Please explain to me how this is "not" bad for the public.

Business is the lifeblood of nations and economies.


Looking at the gains recorded on the US stock exchange market after his announcement as the projected winner of the election shows the trust in him and his ability to enact policies that will help improve the economy.


More than 90% of US stock market movement since 2008.

Is attributable to the federal reserve injecting liquidity into investment banks who trade stocks.

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January 22, 2021, 11:30:29 PM
 #29

Yet we can't be sure about what gonna happen because Biden didn't make any solid, important and life changing decision regarding to the business. But generally, he is an old man and I don't expect to see someone at his age interested with the technology business such as bitcoin. In the other hand, he is a democrat and usually democratic political man will open borders to the foreign business companies with other countries. However, time will show us the truth about him.
In general, the president does not have to be very interested in the technology business, because you can not be competent in all matters and the best thing he should do is to assemble a competent team that should be well versed in their issues. And as for the Democratic Party, I would like to say that, apparently, the pendulum will swing in the other direction and there will be an increase in taxes, which were reduced under the Republican administration of Trump and less protectionist policies, because Trump had a little too much with this.
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January 23, 2021, 02:26:09 AM
 #30

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?

My analysis sees Biden's leadership style will have a positive impact, Biden has a calm leadership style and this can have an impact on the US or even the global economy. Usually this effect will be felt within 1 year of Biden's leadership to be able to see economic development. it looks like we have to wait for the effect of biden to become president in some time to come
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January 23, 2021, 01:19:48 PM
 #31

Finally Joe Biden and Kamala Harris have been officially sworn in as president and vice president of America. Biden will have a different economic
policy than Trump, the first to do so would provide $ 1.9 trillion in assistance to support the acceleration of post-COVID-19 recovery. The grants
are for vaccination programs, stimulus checks and raising the hourly minimum wage.

Biden hopes that the aid can restore the economy, Biden also changes tax policy. By raising the corporate tax rate to 28%, then for those who earn
above $ 400k there will be a tax increase as well. Regarding the policy towards China, Biden told the New York Times he would not make changes first.
I believe that all the economic policies carried out by Biden should make the American economy rise again.

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January 23, 2021, 02:05:52 PM
 #32


With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?


After being officially inaugurated, Biden immediately focused on how to quickly get out of the American crisis, especially in terms of tackling Covid 19 first. Of course if this is successful we will be able to see the impact of his policies on the US economy. The reason is, the toughest task at this time is to overcome Covid 19 and the second is to strengthen relations between countries that have been used as enemy sectors when Trump took office.
so we will see how the strategy is to give cryptocurrency space, especially in America as the biggest crypto user today.
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January 23, 2021, 03:08:14 PM
 #33

Probably he will be the finest President for business because his first impression was good than others and maybe he will try to avoid conflict than trump. But though he will be a soft person it can't say that he will take crypto familiar.

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January 23, 2021, 08:55:21 PM
 #34

Looking at the gains recorded on the US stock exchange market after his announcement as the projected winner of the election shows the trust in him and his ability to enact policies that will help improve the economy.

the market rallied after trump was elected, and again after he was inaugurated---same exact thing. i would attribute that more so to political/election certainty being priced in (markets hate uncertainty!) than policy expectations.

Quote
Looking at the stretch between Election Day and the presidential inauguration, the market’s surge in the months ahead of President Donald Trump’s inauguration stands out. The S&P 500 rose 5.8% with Trump as President-elect.

The S&P 500 has risen in the first 100 calendar days of eight out of the last 10 presidential terms.

https://www.reuters.com/article/uk-usa-election-stock-performance-idUKKBN27R2NZ

there is also the theory that the stock market is in a bubble, and is gonna keep rising no matter what. we need to have a larger conversation about monetary policy to get to the bottom of that one. Tongue

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January 23, 2021, 09:56:14 PM
 #35

Usually President from Democrat party are pro Free Trade person, so may we can see some agreement between Countries which will impact good in the economic. Also, the relationship between China and America maybe will have more friendly relationship like Obama before. If this happen, it will make good Economy competition between them.

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January 23, 2021, 10:02:32 PM
 #36

Usually President from Democrat party are pro Free Trade person, so may we can see some agreement between Countries which will impact good in the economic. Also, the relationship between China and America maybe will have more friendly relationship like Obama before. If this happen, it will make good Economy competition between them.
Bro, are you sure that making friends with China will have any good effect? This is just my opinion, but I don't think it will be that easy. Currently the two countries, America and China have a relationship that is not good enough and also high competition, I only hope that Biden is able to make a regulation that is useful for the country's economy and also makes it easier for business people to run their businesses more easily and smoothly

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January 24, 2021, 04:14:11 AM
 #37

Joe Biden and his radical socialist policies are going to wreak havoc in the market. I am sad that some people never learn. There are a lot of working class people out there, who would support these reforms because they have a feeling that the increased tax rats would affect only the super-rich. But that is not the case, and the middle-class would be the worst hit. Eventually the government will end up like the socialist regimes all around the world, as they run out of cash. The rich may move their capital to other countries and the tax revenues will be hit. The middle class will be squeezed dry with ever more increasing taxes.

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January 24, 2021, 08:13:41 AM
 #38

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?
We should hope that he’s not going to be anything worse, and he just got into office let’s wait and see the kind of rules he’s going to put in place and the actions he will be taking from here, those are the rules that are going to help us determine what the future will be like with him as the president of the United States.

One thing with politicians is that during their campaigns they will always make huge promises to convince people to vote for them and at the end when they have been voted in, they will disappoint those that voted them, I hope his case is going to be different from this.

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January 24, 2021, 11:20:26 AM
 #39

Joe Biden's platform and policies are identical to his democrat base in states like california and new york. One might say, it is possible to predict the effect Biden's policies will have on business by looking at the net effect similar policies have had in those states. Elon Musk recently moved from california to texas. Citing the negative business atmosphere democrats have created there. If Biden follows the same democrat policies, we could see the same bad policies we've seen in california and new york. Only on a national scale, throughout the entire country. Which would be very bad for the USA.

What's bad for america, could be good for europe and asia. If the united states declines, it would create opportunities for other nations to expand their marketshare. And that could well be one intended effect of Biden assuming the Presidency.
Those "bad" policies for business' are not bad for the public, and that is how the world should be run but people are not realizing this.

I understand that wanting less government and wanting more freedom is a very hip thing with the republicans, they want to be capable of picking their own faith, but if government just makes sure that there is nothing wrong with this and let everyone live however they want, there will be a lot of homeless people, starvation, healthcare problems that people die from when it could be saved (such as insulin being so expensive that a thing other nations giveaway for free is a death sentence for poor in USA) and many other problems.

Modern world doesn't allow "less government" which means those people like Elon musk getting away from paying taxes because its "bad policies" are actually things that help tens of millions of people. Elon Musk literally said that "I rather have more billions of dollars then help other people" and there is no reason why I should support that decision he made.
The most curious and paradoxical for me is that people take care of businessmen and not themselves. They work to make tiny amount of people richer and still their aim in elections is to make life of businessmen better. And the main problem of our world is that in politics major people are businessmen by their spirit and not politicians (I don't mean pseudo politicians). Problem is in people, once we fix the problem in people, then we will have a good government. People live with hope, prey to god for better life while instead of wasting time in it, better to work. Has anyone seen any successful people spending most of their daytime in praying? Politicians cheat to people, lie to them but still, people live with hope that something good will happen on it's own.

I fully agree if Biden sets higher taxes on businesses to strengthen the US dollar and economics. Why it should happen from the pocket of average people? Better money be spent from those who have a serious surplus of it and not from poor people.

People can't exist without governments, slavery is in their blood, that's why they were always praying on different creatures from the very beginning. Only certain people change the world and have a spirit of this.

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January 24, 2021, 12:38:53 PM
 #40

Every politics made a good promises during the elections even the impossible one, and guess what? Most of them didn’t deliver and most of the promises didn’t happen at all so don’t expect too much.

Businesses will be good simply because you manage it well and you didn’t depend to the president, same thing with your trading experience and I’m sure cryptomarket will continue to grow.
Now we have to monitor the work of the new administration and hopefully they'll no everything to lift up their economy again because China is over taking the world market and its time for US to restart, refocus and reorganize everything in order for them to survive the crisis. Democrats are good on this one, let's just hope that US will continue to support the small countries, and many businesses since many are still suffering because of the pandemic, let's also do our part on improving our businesses and ourselves.

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January 24, 2021, 02:51:39 PM
 #41

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?

I may be wrong, but I don't see how Biden would be worse than his predecessor, or the two before him - because some things are really hard to beat no matter how hard someone tries. For those who don't know, Biden is only the second Catholic president in American history after John F. Kennedy who receive a bullet instead of the end of his term - and some say Biden should be careful not to end up the same as him, which is more than a smart warning given the behavior of those who voted for his opponent.

The first moves that Biden made clearly show that he will try to fix all the crazy things that have happened in the past 4 years, and most of the world welcomes it with great enthusiasm. What the atmosphere was like in the EU during Donald Trump's stay in the White House is best illustrated by what European Commission President Ursula von der Leyen said in her speech a few hours before inauguration.

“This new dawn in America is the moment we’ve been awaiting for so long,” European Commission President Ursula von der Leyen said, hailing Biden’s arrival as “resounding proof that, once again after four long years, Europe has a friend in the White House.”

“The United States are back, and Europe stands ready to reconnect with an old and trusted partner to breathe new life into our cherished alliance,” she told EU lawmakers, hours before Biden was to be sworn in at his inauguration ceremony in Washington.


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January 24, 2021, 03:41:26 PM
 #42

Time will tell.  I'm just ecstatic that Trump is (almost) out of the White House.  I was afraid we'd be in for another four years of that BS.
As an outsider he looked like a funny president who is eccentric at times and in the land of dreams anything is possible, a billionaire businessman turning into a president  Cheesy.
The only reason i am happy for the change is because he was too close to Hindutva factions who is ruling India who have the same ideology as Benito Mussolini and Adolf Hitler and glad that Biden removed people who are close RSS BJP faction from his campaign which is a positive sign for people like us.

From what i understand Biden has a neoliberal view for the economy but after sitting in the power position who knows whether he will be changing his stance, give him a few months and we will understand his policies and it is better to comment after that.
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January 24, 2021, 05:21:45 PM
 #43

Joe Biden and his radical socialist policies are going to wreak havoc in the market. I am sad that some people never learn. There are a lot of working class people out there, who would support these reforms because they have a feeling that the increased tax rats would affect only the super-rich. But that is not the case, and the middle-class would be the worst hit. Eventually the government will end up like the socialist regimes all around the world, as they run out of cash. The rich may move their capital to other countries and the tax revenues will be hit. The middle class will be squeezed dry with ever more increasing taxes.
Do not be worried, from one progressive to another.. well apparently you are a republican or at least conservative, I can guarantee you that Biden is not a socialist. How do I know? Because I am a socialist and I think socialism is wonderful, it is the best way to run a government and the fact that you think it is a slur shows how little you know about it and only been fed by mainstream media how horrible it is.

However, even though I believe socialism is amazing, Biden is not it, Biden has voted for so many right wing stuff, wars, finance changes, racial problems, dude has been on the right wing side for many many votes, he is not a Bernie Sanders and he will never be one. Dude is a moderate, honestly he is closer to Trump than Bernie I can promise you that, you are not going to see ANY socialist move by him because he hates socialism as much as you guys do as well.
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January 24, 2021, 05:57:26 PM
 #44

It was the year 2007 - 2008 when Joe Biden was the Vice President of America. During that time the economy suffered big for different reasons. More job losses, administrative failures and more protests were taking place. After twelve years Biden have entered the White House. This time too facing more job loss issues, and the impact of pandemic. However it is believed that Biden this time overcome most of the issues of the time.

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January 24, 2021, 09:01:54 PM
 #45

Usually President from Democrat party are pro Free Trade person, so may we can see some agreement between Countries which will impact good in the economic. Also, the relationship between China and America maybe will have more friendly relationship like Obama before. If this happen, it will make good Economy competition between them.
Bro, are you sure that making friends with China will have any good effect? This is just my opinion, but I don't think it will be that easy. Currently the two countries, America and China have a relationship that is not good enough and also high competition, I only hope that Biden is able to make a regulation that is useful for the country's economy and also makes it easier for business people to run their businesses more easily and smoothly

It may have many pros, because they will compete in a good way instead by blocking each other. China and America could share many economic benefit if they are in the good condition, cold war like this could have negatif impact on the world economic. Example Huawei which Banned by Google, it makes Google decreased traffic resource from Huawei user, also Huawei user lack of Google Support which make their android little bit useless.

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January 24, 2021, 09:44:20 PM
 #46

Its been already said that There will be higher tax bills for Corporates in Republican rules under Joe Biden which may harm the companies and even make them to move other region where there is tax friendly. But the business is going to be better than Trump and also more contract and trade deals with US allies in his time period.
Is this true? Yes higher corporate taxes is kinda painful for businessman but they should endure it, as of now I don't have much information about Biden, but as what I can see maybe those companies or people who are not in good terms with trump before might be an ally or a partner of Biden this time like who knows right? Though there are some reports that more and more people lost their job when Biden sits as vp then I think he can lesser this thing now that he has all the power in his hands.
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January 24, 2021, 10:20:27 PM
 #47

It is too early in my opinion to assess the performance of President Joe Biden, let him work properly with all the economic policies that have been
made. It is very interesting to see whether the economic policies that have been made by President Joe Biden are different from Trump's whether
they can work better. We all just wait 100 days to assess whether President Joe Biden can make America's economy better or not. Hopefully
President Joe Biden can provide evidence to the American people that it is not wrong to elect him as the new President of America.

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January 24, 2021, 10:22:53 PM
 #48

campaign promises are often dont get fullfilled but they only make the campaign look promising so that people will get attracted to vote them but if the elected politicians are fair enough , they wont let the public down for voting them .

people voted biden because they think biden is more better than the other candidates so expectations are high by this time but if not ? well theres nothing they can do but accept it because they wanted it . they want biden to lead the government .
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January 24, 2021, 10:40:10 PM
 #49

It is too early in my opinion to assess the performance of President Joe Biden, let him work properly with all the economic policies that have been
made. It is very interesting to see whether the economic policies that have been made by President Joe Biden are different from Trump's whether
they can work better. We all just wait 100 days to assess whether President Joe Biden can make America's economy better or not. Hopefully
President Joe Biden can provide evidence to the American people that it is not wrong to elect him as the new President of America.
How can you even assess Biden's economic performance if he has just started working and is adjusting the state apparatus for himself and his team, making new appointments? Economic policy will be different in any case and will be expressed in higher taxes for corporations and rich citizens, as well as initiatives in the social sphere. But it will be too early to give an assessment after 100 days, because now the situation is atypical due to the epidemic and the main activity and fight will develop in this direction.
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January 24, 2021, 10:48:18 PM
 #50


people voted biden because they think biden is more better than the other candidates so expectations are high by this time but if not ? well theres nothing they can do but accept it because they wanted it . they want biden to lead the government .

People must also learn to accept that too much expectation always end in disappointment, it has happened so many times that campaign promises don't get fulfilled as promised by candidates. They are just tools to gather vote in other to succeed in theor political careers.
Sometimes, they change not because they want to be like that but the cabal that make up the party sometimes mislead the leader aims and objectives.
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January 24, 2021, 11:16:46 PM
 #51

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?


I guess it will, at least the part of easier hire of foreign talents.

But if he & the Democrats increase corporate and other taxes, it won't be good for business, and as it looks like, they are going to do it.
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January 24, 2021, 11:39:58 PM
 #52

We will find the answer soon, maybe give him a year then evaluate the result.

The media will tell us on his accomplishment and there we can evaluate if it satisfy us or not, or if he has fulfilled his promises.
1 year IMO is good enough to determine if a candidate really has the political well, or does the action more than he says.

People vote for him, so they trusted him to fulfill his promise, so let's hope for that.

Time will tell as they say.

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January 25, 2021, 04:17:41 AM
 #53

Do not be worried, from one progressive to another.. well apparently you are a republican or at least conservative, I can guarantee you that Biden is not a socialist. How do I know? Because I am a socialist and I think socialism is wonderful, it is the best way to run a government and the fact that you think it is a slur shows how little you know about it and only been fed by mainstream media how horrible it is.

However, even though I believe socialism is amazing, Biden is not it, Biden has voted for so many right wing stuff, wars, finance changes, racial problems, dude has been on the right wing side for many many votes, he is not a Bernie Sanders and he will never be one. Dude is a moderate, honestly he is closer to Trump than Bernie I can promise you that, you are not going to see ANY socialist move by him because he hates socialism as much as you guys do as well.

His past record is not going to matter much, as he had campaigned on a far left platform for the 2020 elections. He may have been a moderate, but that was ages ago. The Democrat party itself has moved a lot further to the left during the last 1-2 decades. The initial announcements, such as imposing a 40% tax rate on long term capital gains, and multi-trillion USD stimulus points towards that direction.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
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January 25, 2021, 04:26:09 AM
 #54

It was the year 2007 - 2008 when Joe Biden was the Vice President of America. During that time the economy suffered big for different reasons. More job losses, administrative failures and more protests were taking place. After twelve years Biden have entered the White House. This time too facing more job loss issues, and the impact of pandemic. However it is believed that Biden this time overcome most of the issues of the time.
^ I usually don't like politics that much because to me it is just a trick for those who want to make a profit, but seeing from the political situation that the US is facing, I feel a little interesting and curious about what will happen to the US under Biden's leadership, will it be much better than Trump. and hopefully, Biden will be able to find the best solution based on his experience 12 years ago when he was still serving as vice president.

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January 25, 2021, 09:03:36 AM
 #55

Biden will be better for business than Trump.

First of all, the stock market does better under Democrats. Secondly, the Trump presidency is unhelpful for business, especially small business. Business hates volatility. It's hard to make significant plans and investment without predictability. Biden is focused on ending the pandemic.
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January 25, 2021, 11:07:09 AM
 #56

Never have high expectations in the government or politicians because there is no such thing as a perfect leader; there is only a good leader who wants to improve himself in handling every task. It will not be easy for the president to lead the US country all by himself. However, Joe Biden is much better than Donald Trump when it comes to business and a country's economy.

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January 25, 2021, 03:07:28 PM
 #57

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?

Anyway, in my opinion, Jo Biden's early policies somewhat responded to the wishes of the American citizen. the policy of stabilizing and devoting largely to curbing the 19 Covid pandemic from the announced economic bailout package shows that he has devoted himself to prioritizing the epidemic. Hopefully the unemployment problem will be solved after vaccination brings stability to the people.
Recession of the US economy - at the same time an epidemic came. Therefore, recovery and economic growth will take a long time. Anyway, congratulations Biden in office though a bit late, hopefully he will solve the challenge and hope for the US economy and good association with the world.

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January 25, 2021, 10:37:21 PM
 #58

Joseph Robinette Biden
Lol, is that his middle name?  I confess I don't watch the news and hate politics, but that's an interesting one if true.

IMO Biden won't be any worse than Trump for business or anything else, although I don't know about his tax policies or how much he likes war.  One thing that Trump didn't do was get the US involved in any massive conflicts.  But in either case, I think Biden will be fine for the economy/business as long as his policies can get the coronavirus outbreak under control.  That, I think, is the main variable as far as the economy is concerned.  We can't keep businesses closed and people out of work and still expect to be a prosperous country.

Time will tell.  I'm just ecstatic that Trump is (almost) out of the White House.  I was afraid we'd be in for another four years of that BS.

One would argue that the tariff war with Europe and China was a massive economic conflict, and one we didn't fare well in for that matter. Also, raising tensions with Iran by withdrawing from the nuclear deal and assassinating one of their generals is anther conflict. Not all conflicts have to result in a traditional war.

Otherwise, I agree the most consequential thing is getting COVID under control sot he economy can fully open up.

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January 26, 2021, 06:19:21 PM
Last edit: January 26, 2021, 07:00:36 PM by slapper
 #59

I guess so. Most of the presidents cant finish 50% of their promise but this is not a big problem since you need a lot of time and effort to change the whole country and apply new policies. I wonder what taxation will look like while he is the president. Rumor said that it would be higher for rich people and lower for normal people. This will affect the economy a lot because rich people in the US are getting richer everyday but this will give chances for poorer people. Such incentive is necessary to simulate the economy

One thing I want to know is whether he continues to sue those Big 4 likes Trump did in the past couple of months?

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January 26, 2021, 06:54:46 PM
 #60

Since Republicans have had poor economic rates in statistics, there’s hope for Biden. During Trump’s administration, by August, unemployment rates increased to 8.4% from 4.7%. Stock prices have been increasingly volatile and consumer confidence has gone down.
Volatility is never good for business and it makes decision-making for investments even harder due to the lack of predictability. Biden puts most of his attention on restoring faith in government amidst the pandemic while curbing the situation altogether.  Biden’s plan of raising taxes for families with an income of and over $400,000 (which is only 1%)  is a relatively good one. The 1% would have to remunerate 80% of the tax incrementation.
Joe Biden intends on supplementing the Affordable Care Act by curtailing the lower age limit to just 60 from 65. He promises free tuition for students with families under the income of 125k at universities. It might just be that Biden will reintroduce a better business.

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January 26, 2021, 09:30:47 PM
 #61

I'm sure every president will always be good for business but this time I think it will still take time for Joe Biden, because this is a pandemic era which of course will need time for recovery first to end the spread of Covid19. After all these problems are resolved, I am sure that the economic recovery will make the business sector the foremost move to be able to make the economy more advanced and this is a superpower that I think there is no doubt to go ahead.

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January 26, 2021, 10:39:49 PM
 #62

President Joe Biden is just newly inaugurated as the 46th president of the United States of America and with the short span of time, he has still just being fresh on the position although already his second time on the national government as an official because he was once a vice president, we can say that he still have many years to prove himself worthy of the trust that the people of America have entrusted to him so why bother evaluating him with just a short span of time he was on the position? Surely he will be a good president that is good in business and everything because it is not already his first time after all and he will not take the courage to take the position if he does not know what he is doing. Just trust him and let time pass by that his platforms stated be come true and not be just a promise.

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January 27, 2021, 04:20:06 AM
 #63

Biden has been in office only for a few days and the initial indications are not good. He has promised to increase the minimum wage, along with the corporate tax and income tax. The capital gains tax is also going up. While these measures may be beneficial for the lower class, they spell doom for the businesses, which are already in a very difficult position due to the COVID 19 pandemic.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
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January 27, 2021, 12:29:24 PM
 #64

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?


Shouldn't expect too much from him already, but to compare him with Trump, I don't think he'll do much worse on what Trump did in his term, I'm looking forward for him to be as open as he can in terms of business and for his countrymen, though I am positive that Biden would fix and clean the things Trump messed up in his term, I'm just glad Trump is not president anymore.
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January 27, 2021, 06:14:57 PM
 #65

Since Republicans have had poor economic rates in statistics, there’s hope for Biden. During Trump’s administration, by August, unemployment rates increased to 8.4% from 4.7%. Stock prices have been increasingly volatile and consumer confidence has gone down.
Volatility is never good for business and it makes decision-making for investments even harder due to the lack of predictability. Biden puts most of his attention on restoring faith in government amidst the pandemic while curbing the situation altogether.  Biden’s plan of raising taxes for families with an income of and over $400,000 (which is only 1%)  is a relatively good one. The 1% would have to remunerate 80% of the tax incrementation.
Joe Biden intends on supplementing the Affordable Care Act by curtailing the lower age limit to just 60 from 65. He promises free tuition for students with families under the income of 125k at universities. It might just be that Biden will reintroduce a better business.
Do not say that Trump had a very bad economical management even with record breaking 30+ million unemployment applications, tax breaks of 2+ trillion dollars ending up meaning nothing, pandemic bankrupting millions of business or 8+ trillion dollar deficit addition because then you will make some Republicans sad and upset and they will share some data from republican sources how Trump was awesome.

Also do not share how Obama took over from Bush a 2008 crisis ridden and almost bankrupting nation and gave Trump a nation that had a positive increase in every direction because they want to say it was early years of Trump that managed it as soon as he came. It is obvious that USA is a divided nation and nothing can change that now, Trump was a dictator to nearly 80 million people and nearly 75 million people voted for him anyway, we can't have peace anymore. Biden being good or bad will not change anything.
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January 28, 2021, 04:19:17 AM
 #66

Joe Biden's platform and policies are identical to his democrat base in states like california and new york. One might say, it is possible to predict the effect Biden's policies will have on business by looking at the net effect similar policies have had in those states. Elon Musk recently moved from california to texas. Citing the negative business atmosphere democrats have created there. If Biden follows the same democrat policies, we could see the same bad policies we've seen in california and new york. Only on a national scale, throughout the entire country. Which would be very bad for the USA.

What's bad for america, could be good for europe and asia. If the united states declines, it would create opportunities for other nations to expand their marketshare. And that could well be one intended effect of Biden assuming the Presidency.
Exactly.

Tax cut under Trump was finally causing the US's debt/GDP to fall and businesses to improve, until COVID hit.

Biden bought by China and will tax the country into third world poverty, along with opening the doors to the third world. Democrats will seal permanent majorities in the US through illegal immigration/anchor babies and turn the country Communist. Downfall of US will have ripple effects across Western world with no one to protect them. Look to China to start taking military action within the next 10 years, as the US economy fails under it's mounting debt.

Buy crypto to save yourself from the inflation. Government will try to control it, but they can't completely.

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January 28, 2021, 06:08:14 PM
 #67

I do not belong to USA but whenever a President is changed I never see any big changes or something done out of the blue so I don't expect anything big to happen apart from a few policy changes which outsiders will not even notice unless they are deeply researching about them.

Is still difficult to say what and what he is going to do because all we heard before is more of campaign talk and campaign is usually different from reality and the Covid situation will make his job more difficult IMO, but we should expect this airdrop because it is more of Bipartisan IMO, the issue I will have with him is the tax, especially with Crypto gains now because there are so many proposal being thrown around recently
Not sure about crypto gains but one thing I heard about the new government is that they are trying increase taxes on the higher society and bigger organizations while the lower earning members of the society are not affected by this policy. If you want to read more, you might want to visit This Article

I would avoid making any assessment or statement on the government because it is too early to call them good or bad and for crypto I don't think much is going to change.
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January 29, 2021, 11:32:14 PM
 #68

Joseph Robinette Biden Jr. is already 79 years old! Do you really believe that in this age he will solve any problems that occur in USA?! He is a member of the Democratic Party, so now they will lead country. Soon we’ll see is it better or worth then Donald Tramp’s presidency.



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January 30, 2021, 06:21:32 AM
 #69

Even during the campaign, there was a lot of information that Biden would start raising taxes. Any increase in taxes is always bad for both business and workers, because where will the money for these taxes be taken from? That's right, from salaries. There is a chance that Biden will break everything that Trump did and then will justify that "You see what kind of system Trump created - that it did not survive easy reforms." Biden and his team are just left-wing scammers, greedy for power and seeking to suppress anyone who disagrees with them. I'm afraid that he will not just be a bad president, but will become a disgusting president with a bunch of non-obvious and disastrous decisions in terms of economy
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January 30, 2021, 09:02:17 AM
 #70

I heard behind Joe Bidden team when campaign have many investor from cryptocurrency and we are waiting is true or not after Joe Bidden become president of United State, will he make change bad opinion with bitcoin or altcoin after last president Donald Trump hate with bitcoin or altcoin, maybe we are waiting what the first announcement from him with cryptocurrency, become legal currency or bitcoin become illegal in United State.
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January 30, 2021, 03:00:40 PM
 #71

Do you really believe that in this age he will solve any problems that occur in USA?
I believe. The age won't be an obstacle for him to solve any problems in the USA. He isn't a new one in USA government. He ever became a vice president when Obama was president of USA. And he proved to everyone he succeeds at that time. This is enough as the reason that he can solve any problem there. In addition, we don't forget that he won't work alone.  Tongue


President George W Bush and Obama ignite the war in the middle east but trump was the one who didn't start any war in his time. Now Biden again brings those people to his Administration who was responsible for the war in the middle east. Biden said he will bring the glory back to America so I think he will continue what Obama and Bush have done.   He could be good for business for America, not the world.
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January 30, 2021, 09:52:24 PM
 #72

Biden will try to repair trade relations with allies that Trump sundered with such ill-advised gambits as tariffs on their products in the name of U.S. national security. He will rejoin the Paris climate accord, but, to the consternation of his green supporters, he says he won’t try to shut down fracking for shale oil and natural gas or adopt the liberals’ Green New Deal. He may step up antitrust enforcement, which would be bad for the targets of government lawsuits but potentially good for their smaller rivals. Biden’s earliest priority must and will be getting a grip on the Covid‑19 pandemic. For business, Trump’s greatest failing was to prioritize economic growth over human lives by playing down the coronavirus. That had the unintended consequence of harming both lives and livelihoods: Businesses ranging from restaurants to airlines are in worse shape than they would have been if the administration had combated the virus earlier and more aggressively.
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January 30, 2021, 10:51:52 PM
 #73

People were expecting a lot from Trump in the beginning and got an unpleasant surprise. We tend to have big expectations at first and when facing the "bad known" we turn to the unknown, even if there's a chance it could be even worse in the end.

Joseph Robinette Biden
Lol, is that his middle name?  I confess I don't watch the news and hate politics, but that's an interesting one if true.
He says it's his grandmother's name.
J. Robinette Batman Tongue

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January 30, 2021, 11:59:31 PM
 #74

People were expecting a lot from Trump in the beginning and got an unpleasant surprise. We tend to have big expectations at first and when facing the "bad known" we turn to the unknown, even if there's a chance it could be even worse in the end.
It should be clear to any person that usually there can be no such thing that all the wishes and expectations will necessarily come true. If we talk about the "new unknown", then it is still worth saying that the current administration can hardly be called completely unknown and familiar people work in it. Unlike the Trump administration, there is great hope that the new administration will be less impulsive and more predictable for everyone.
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January 31, 2021, 03:11:13 AM
 #75

He says it's his grandmother's name.
J. Robinette Batman Tongue

Biden's official name is Joseph Robinette Biden Jr. His father is Joseph Robinette Biden Sr., who was born in 1915. His maternal grandmother was Mary Elizabeth Robinette Biden (b.1894). The name of his great-grandfather was George Hamilton Robinette (b.1844), and that's from where this strange middle name originates. One of Biden's children (Joseph "Beau" Robinette Biden III) also shares the same middle name. As you can see, the names were passed down from one generation to the other and that's the reason how obsolete names such as "Robinette" finds a space.

Personally I don't care much about his middle-name, as long as he is not overly anti-business. Even Barack Obama had a strange middle name.

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January 31, 2021, 05:36:17 AM
 #76

Biden will try to repair trade relations with allies that Trump sundered with such ill-advised gambits as tariffs on their products in the name of U.S. national security. He will rejoin the Paris climate accord, but, to the consternation of his green supporters, he says he won’t try to shut down fracking for shale oil and natural gas or adopt the liberals’ Green New Deal. He may step up antitrust enforcement, which would be bad for the targets of government lawsuits but potentially good for their smaller rivals. Biden’s earliest priority must and will be getting a grip on the Covid‑19 pandemic. For business, Trump’s greatest failing was to prioritize economic growth over human lives by playing down the coronavirus. That had the unintended consequence of harming both lives and livelihoods: Businesses ranging from restaurants to airlines are in worse shape than they would have been if the administration had combated the virus earlier and more aggressively.
So in summary, Biden plans to undo every shenanigans that the previous administration has created right? If he wants to go as far, then he might as well screw over the laws Trump has passed about individual tax. I think what Biden should do in his term is to create a law that imposes bigger taxes on the big companies, with no ability to be exempted from it like how the rich provides charity events to use as a tax write off. I do think that Biden's administration will be a 50/50 split on business, it will be good for the small and sometimes family owned businesses but bad for the big companies like Amazon. Hopefully, this administration also becomes a friendly entity with cryptocurrency, as the last president is a big opposition of cryptocurrency.
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January 31, 2021, 10:41:01 AM
 #77

Tax cut under Trump was finally causing the US's debt/GDP to fall and businesses to improve, until COVID hit.

Biden bought by China and will tax the country into third world poverty, along with opening the doors to the third world. Democrats will seal permanent majorities in the US through illegal immigration/anchor babies and turn the country Communist. Downfall of US will have ripple effects across Western world with no one to protect them. Look to China to start taking military action within the next 10 years, as the US economy fails under it's mounting debt.

Buy crypto to save yourself from the inflation. Government will try to control it, but they can't completely.
I don't know where you get your information from but Biden's one of the first executive orders was to ban Chinese immigration which was overruled by republican court. Which means Biden said we do not want Chinese here while republicans said you have to accept Chinese to the nation.

So, if you think "biden will make it communist and sell it to china" you are very wrong, in fact it is literally exactly the reverse where republicans allowed Chinese people whereas Biden didn't want to. You have to realize now that things you read online could be wrong, look at the laws and things they do instead of the news you hear because news could be fake but the things they do are there for seeing.

Trumps tax cuts didn't help the nation as a whole, it helped the big companies to profit more, look at the unemployment rates, uninsured or underinsured people number increase, amount of shops closed and poverty levels applying for welfare, all increased during trump while companies made more profit.
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January 31, 2021, 10:47:15 AM
 #78

Even during the campaign, there was a lot of information that Biden would start raising taxes. Any increase in taxes is always bad for both business and workers, because where will the money for these taxes be taken from? That's right, from salaries. There is a chance that Biden will break everything that Trump did and then will justify that "You see what kind of system Trump created - that it did not survive easy reforms." Biden and his team are just left-wing scammers, greedy for power and seeking to suppress anyone who disagrees with them. I'm afraid that he will not just be a bad president, but will become a disgusting president with a bunch of non-obvious and disastrous decisions in terms of economy
I believe higher taxes are not really required to achieve what Biden wants to achieve, that is not really a problem that he is trying to solve, higher taxes could happen but that is just show of how he failed to find another way, the reality is that enough taxes are taken from public for decades already to cover for most things, there is really no need. You want universal health care that makes everything free? All hospitals, medicine, pills, injections everything free?

Well, there is enough money paid to insurance companies and taxes and pentagon alone that we could cover it twice around with the money that is collected anyway, you want free schools? That is going to be incredibly cheap compared to all the other things we pay for, get few less airport like ships, basically Bidens promises are good, the way he does will decide if he did it bad or good way, I want all the things he promises, just not pay incredible amount of taxes for it that's all, pay it with taxes people already pay.
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January 31, 2021, 10:50:22 AM
 #79

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?


No one knows how the Joe Biden government will fulfill their promises and how they will help to make a world a better place. However we should hope for the best but at the same time prepare for the worst too. Many people are hoping to get stimulus checks but it seems that the government is trying to delay it which may cause disappointment for many voters of Joe Biden.

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January 31, 2021, 11:22:09 AM
 #80

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?


No one knows how the Joe Biden government will fulfill their promises and how they will help to make a world a better place. However we should hope for the best but at the same time prepare for the worst too. Many people are hoping to get stimulus checks but it seems that the government is trying to delay it which may cause disappointment for many voters of Joe Biden.
Still not any update yet what the first he announcement after become United State president, maybe he was standing for many news later and make on conclusion announce to public, I hope Joe Bidden become friendly with bitcoin and altcoin currency because United State is the most take effect country how the future bitcoin and altcoin as digital currency payment, I hope Joe Bidden become the first president of United State want to make bitcoin as legal payment currency.
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January 31, 2021, 11:28:15 AM
 #81

People were expecting a lot from Trump in the beginning and got an unpleasant surprise. We tend to have big expectations at first and when facing the "bad known" we turn to the unknown, even if there's a chance it could be even worse in the end.
It should be clear to any person that usually there can be no such thing that all the wishes and expectations will necessarily come true. If we talk about the "new unknown", then it is still worth saying that the current administration can hardly be called completely unknown and familiar people work in it. Unlike the Trump administration, there is great hope that the new administration will be less impulsive and more predictable for everyone.

I hope people let him work and do the job of the President. Because what I noticed during Trump's admin, was that he was busy defending himself and not fully doing his business as President, as there were so many people against him. Maybe I have different outlook on this matter as I am not a citizen of their country. But that was what I perceived on the situation. Now, hopefully, Biden will implement policies that are really pro-people and address the real problem of its constituents.
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January 31, 2021, 11:48:14 AM
 #82

I hope people let him work and do the job of the President. Because what I noticed during Trump's admin, was that he was busy defending himself and not fully doing his business as President, as there were so many people against him. Maybe I have different outlook on this matter as I am not a citizen of their country. But that was what I perceived on the situation. Now, hopefully, Biden will implement policies that are really pro-people and address the real problem of its constituents.
Yeah, they better fix the regulations which currently look really bad. I'm also not an American citizen, so I can only observe it from the outside. in my opinion, during the Trump administration, they were too businesslike. maybe it's because Trump's background as a businessman, and on the other hand, Trump is quite ignorant of several important aspects such as cultural aspects and other important things which in my opinion are quite bad. This has led to many divisions and movements that have occurred in America because it deals with divided societies. but it's what it is, I hope that Biden is able to solve the problem from the grassroots, and be able to make better regulations for everyone both in business and in other aspects. Expecting something new is fine, but we also have to give them time to work
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January 31, 2021, 12:31:19 PM
 #83

I believe higher taxes are not really required to achieve what Biden wants to achieve, that is not really a problem that he is trying to solve, higher taxes could happen but that is just show of how he failed to find another way, the reality is that enough taxes are taken from public for decades already to cover for most things, there is really no need. You want universal health care that makes everything free? All hospitals, medicine, pills, injections everything free?

Well, there is enough money paid to insurance companies and taxes and pentagon alone that we could cover it twice around with the money that is collected anyway, you want free schools? That is going to be incredibly cheap compared to all the other things we pay for, get few less airport like ships, basically Bidens promises are good, the way he does will decide if he did it bad or good way, I want all the things he promises, just not pay incredible amount of taxes for it that's all, pay it with taxes people already pay.

Biden has some radical plans that require trillions of USD in additional spending. And with the federal debt at record high levels, there is only one way to do that - to raise the taxes. He had already promised to raise corporate and income taxes. I am afraid that he will consider some of the crazy ideas that were proposed by radical left wing senators such as Ron Wyden, who want to tax unrealized capital gains.
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January 31, 2021, 01:28:33 PM
 #84

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?

economic hopes can be much more increased after joe Biden took office, hopefully, all sectors of the economy can increase further and cryptocurrency can be wider Covid can quickly pass and the economy can continue to grow faster to be able to compete with the country great, of course, it is very important if the economy and defense can be stronger ability to make everyone feel safe and awake without having experienced economic hardship and eating is very important.


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January 31, 2021, 07:04:19 PM
Merited by fullhdpixel (1)
 #85

in summary, Biden plans to undo every shenanigans that the previous administration has created right? If he wants to go as far, then he might as well screw over the laws Trump has passed about individual tax. I think what Biden should do in his term is to create a law that imposes bigger taxes on the big companies, with no ability to be exempted from it like how the rich provides charity events to use as a tax write off. I do think that Biden's administration will be a 50/50 split on business, it will be good for the small and sometimes family owned businesses but bad for the big companies like Amazon. Hopefully, this administration also becomes a friendly entity with cryptocurrency, as the last president is a big opposition of cryptocurrency.
I do want to believe that as well but we haven't even seen anything done about fillibuster and we haven't seen any 2000 checks like it was promised. Even these talks about "1400 checks because that would make it total of 600" are the big problems we are facing right now. If Biden ends up giving 1400 dollars in 6 months and say it is total of 2000 with the 600 already given, that would make them lose Georgia next time for sure, and probably couple more seats.

The only reason democrats won with this razor thin margins is the fact that Trump was horrible, and everyone was worse because of him, if they end up with not running the country to much better situation, democrats will not go out to vote this much again, and republicans always show up to vote, which means we are going to end up seeing a republican surge in congress and in the house as well. In order to prevent that, Biden has a lot of work to do.

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February 02, 2021, 04:17:03 PM
 #86

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?
That’s what you can’t really tell, what the future of the next government will be like, whether they will be good or bad. I don’t live in the US, but I live in a country where we have already given up hope on the government lol, every new government that comes in, people never expect anything good from them because they think they will be nothing better than the other government. Like the saying goes, power corrupts the heart of men, there are people that will be good at the start but once that power is given to them they will have a change of mind and wouldn’t even fulfill any of their promises.

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February 06, 2021, 06:19:50 AM
 #87

Even during the campaign, there was a lot of information that Biden would start raising taxes. Any increase in taxes is always bad for both business and workers, because where will the money for these taxes be taken from? That's right, from salaries. There is a chance that Biden will break everything that Trump did and then will justify that "You see what kind of system Trump created - that it did not survive easy reforms." Biden and his team are just left-wing scammers, greedy for power and seeking to suppress anyone who disagrees with them. I'm afraid that he will not just be a bad president, but will become a disgusting president with a bunch of non-obvious and disastrous decisions in terms of economy
I believe higher taxes are not really required to achieve what Biden wants to achieve, that is not really a problem that he is trying to solve, higher taxes could happen but that is just show of how he failed to find another way, the reality is that enough taxes are taken from public for decades already to cover for most things, there is really no need. You want universal health care that makes everything free? All hospitals, medicine, pills, injections everything free?

Well, there is enough money paid to insurance companies and taxes and pentagon alone that we could cover it twice around with the money that is collected anyway, you want free schools? That is going to be incredibly cheap compared to all the other things we pay for, get few less airport like ships, basically Bidens promises are good, the way he does will decide if he did it bad or good way, I want all the things he promises, just not pay incredible amount of taxes for it that's all, pay it with taxes people already pay.

Personally, I do not need medicine to be free - because it is much more convenient for me to choose a clinic myself than to have no choice. If all medicine is paid, then there is a factor of competition for the patient, including the level of price/quality ratio. And if we have only free and paid medicine, then paid medicine will always be better because the clinic on state funding does not need to participate in the "battle" for the "consumer", they will get their money anyway.
I don't want to pay taxes for something that I won't use.
The same applies to education and other "socially significant things that should be free". In the world, nothing is free - just either you pay for things yourself or they are paid out of your salary.
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February 06, 2021, 07:39:06 AM
 #88

Biden has been in office only for a few days and the initial indications are not good. He has promised to increase the minimum wage, along with the corporate tax and income tax. The capital gains tax is also going up. While these measures may be beneficial for the lower class, they spell doom for the businesses, which are already in a very difficult position due to the COVID 19 pandemic.

God, how will the rich people cope having to pay a living wage to employees and pay more on taxes of investments? Imagine the horror of having all those Walmart and McDonald's employees getting off food stamps and government aid because their employer finally started paying them them a living wage! I know I'm outraged. Outraged, I say!  /s

Here's a source in case you're as clueless as you seem:  https://www.cnbc.com/2020/11/19/walmart-and-mcdonalds-among-top-employers-of-medicaid-and-food-stamp-beneficiaries.html

Having the government subsidize people who have a job because their employers refuse to pay a living wage is not acceptable. This is a direct transfer of wealth to the owners of multi-billion dollar businesses by creating conditions that allow them to pay less than the cost of living for their employees and having the government pick up the difference. These businesses can afford this, and it is a moral imperative they shoulder their own responsibilities and get off the government teat. Businesses like Costco pay far over the minimum wage and are very profitable, and they do it to set an example for other businesses. Business will be fine.

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February 06, 2021, 08:03:15 AM
 #89

No one knows how the Joe Biden government will fulfill their promises and how they will help to make a world a better place. However we should hope for the best but at the same time prepare for the worst too. Many people are hoping to get stimulus checks but it seems that the government is trying to delay it which may cause disappointment for many voters of Joe Biden.
As a citizen that has lived long enough and has reach the age of reason, we should know by now that any words or promises made by politicians are nothing but BS that needs to be said so they can win the people's confidence into voting them into power. I saw a post in Twitter about the similarity of the people believing in politician's promise to the people who believes that the prostitutes are in love with them.

To answer the question as to whether Biden's administration will be good for business, definitely women and minorities will be a highlight in their presidency but the recent ghosting of their administration on the BLM movement after the election will definitely be a factor in this part; most programs and regulations will be targeting the recovery of the economy and considering small business are hit the hardest although they are making the big part in economy, which could mean that there is a possibility that most programs and regulations will be good for small businesses. And maybe they will give power to some big fintech companies. In conclusion, this administration will be a mixed bag.

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February 06, 2021, 08:21:15 AM
 #90

US President-elect Biden announced on Thursday (January 14) a US$1.9 trillion economic stimulus plan to revive the economy and accelerate the pace of response to the new crown epidemic.
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February 06, 2021, 09:15:06 AM
 #91

As a citizen that has lived long enough and has reach the age of reason, we should know by now that any words or promises made by politicians are nothing but BS that needs to be said so they can win the people's confidence into voting them into power. I saw a post in Twitter about the similarity of the people believing in politician's promise to the people who believes that the prostitutes are in love with them.
That's a very funny way to put it, "Prostitutes are in love with them", and that's the truth about the matter. There have always been un-kept or fulfilled campaign promises and that of President Joe Biden won't be any different. Its always there steering pistol to keep the wheel rolling as it produces the result they desire, but then, it would be hard to say if business and economic growth will thrive in his tenor as his just few weeks in office and we can't really conclude based on his ideas alone as, his subject to change. Lets wait for at least a year to ascertain how his doing before we can say a word or two on the matter and be a lot more accurate.

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February 06, 2021, 07:06:25 PM
 #92

As a citizen that has lived long enough and has reach the age of reason, we should know by now that any words or promises made by politicians are nothing but BS that needs to be said so they can win the people's confidence into voting them into power. I saw a post in Twitter about the similarity of the people believing in politician's promise to the people who believes that the prostitutes are in love with them.

To answer the question as to whether Biden's administration will be good for business, definitely women and minorities will be a highlight in their presidency but the recent ghosting of their administration on the BLM movement after the election will definitely be a factor in this part; most programs and regulations will be targeting the recovery of the economy and considering small business are hit the hardest although they are making the big part in economy, which could mean that there is a possibility that most programs and regulations will be good for small businesses. And maybe they will give power to some big fintech companies. In conclusion, this administration will be a mixed bag.
I am pretty sure there is a difference between women and minorities issues versus economical issues. One of them is fiscal whereas the other is social and Biden could be a bit more liberal when it comes to social stuff so we will definitely see improvements on the lives of minorities and women but he is also financially fiscal person as well, he will not let the debt get out of control and economy to crash.

He already passed a 1.9 trillion dollar package that mostly helped the poorer people, planning to rise the nation to its feet from the bottom up so that we could actually have a recovery and not just some rich folks being able to afford their third yacth with a new tax cut. He is going to get the american working machine all riled up and will make his presidency a great deal about how financially recovered USA will be by the end of his term.
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February 06, 2021, 11:30:56 PM
Last edit: February 07, 2021, 12:40:13 AM by AndySt
 #93

As a citizen that has lived long enough and has reach the age of reason, we should know by now that any words or promises made by politicians are nothing but BS that needs to be said so they can win the people's confidence into voting them into power. I saw a post in Twitter about the similarity of the people believing in politician's promise to the people who believes that the prostitutes are in love with them.
To answer the question as to whether Biden's administration will be good for business, definitely women and minorities will be a highlight in their presidency but the recent ghosting of their administration on the BLM movement after the election will definitely be a factor in this part; most programs and regulations will be targeting the recovery of the economy and considering small business are hit the hardest although they are making the big part in economy, which could mean that there is a possibility that most programs and regulations will be good for small businesses. And maybe they will give power to some big fintech companies. In conclusion, this administration will be a mixed bag.
I am pretty sure there is a difference between women and minorities issues versus economical issues. One of them is fiscal whereas the other is social and Biden could be a bit more liberal when it comes to social stuff so we will definitely see improvements on the lives of minorities and women but he is also financially fiscal person as well, he will not let the debt get out of control and economy to crash.
He already passed a 1.9 trillion dollar package that mostly helped the poorer people, planning to rise the nation to its feet from the bottom up so that we could actually have a recovery and not just some rich folks being able to afford their third yacth with a new tax cut. He is going to get the american working machine all riled up and will make his presidency a great deal about how financially recovered USA will be by the end of his term.
I'm not sure that an infusion of trillions of hastily printed money will necessarily guarantee recovery, but on the other hand, I am well aware that the government's arsenal of funds is not so large and this action is necessary in the current conditions of the ongoing pandemic. I also think that any relatively adult person should not wear rose-colored glasses and treat politicians and their actions with a certain amount of healthy cynicism, the most important thing is that the cynicism of the politicians themselves does not go off the scale and they still implement at least most of their promises.
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February 06, 2021, 11:52:38 PM
 #94

US President-elect Biden announced on Thursday (January 14) a US$1.9 trillion economic stimulus plan to revive the economy and accelerate the pace of response to the new crown epidemic.
Okay lets put up some links that would be showing off this headline.
https://www.nytimes.com/2021/01/14/business/economy/biden-stimulus-plan.html
https://www.reuters.com/article/us-usa-biden-stimulus-idUSKBN29J1B1
So it doesnt need to elaborate nor tell on what would be the effect of this?

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February 07, 2021, 12:27:35 AM
 #95

No...he won't be.

His plans involve increasing the tax rate and expanding on Obamacare, which Trump should have repealed honestly. It also includes 1.9 trillion dollars in COVID spending which is overall bad for the economy if you pay attention to inflation rates.

You might consider his 15 dollar minimum wage catastrophic for the economy too. Big corps will do well, because all politicians are in the pockets of large companies, but the small businesses end up getting the short end of the stick.
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February 07, 2021, 12:56:20 AM
 #96

Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled?

Indeed there.are alot of expectations for Joe Biden's administration, we just hope he's up to task and can actually do every political manifesto he made before he got elected, cause these politicians all have something in common, most times after been elected they don't act according to their words and that's what they have been doing for a long time now and it's been working on the citizens,hoping for a politician to do everything he promised a complete waste of them.

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February 07, 2021, 01:13:21 PM
 #97

Okay lets put up some links that would be showing off this headline.
https://www.nytimes.com/2021/01/14/business/economy/biden-stimulus-plan.html
https://www.reuters.com/article/us-usa-biden-stimulus-idUSKBN29J1B1
So it doesnt need to elaborate nor tell on what would be the effect of this?

I don't really care about Biden or his multi trillion USD stimulus. In the end, this is going to be beneficial for the Cryptocurrency market. The value and acceptability of Bitcoin is inversely proportional to the purchasing power of the US Dollar. Let Biden take out all his stimulus measures and crash the value of US Dollar. We will see even more institutional investors moving towards cryptocurrency.

But there is another argument as well. A lot of people say that cryptocurrency investments increase when the stock market is in good health. Because they claim that people make their investment, when they have surplus cash. And another factor is related to the long-term capital gains tax. Biden want to increase them, making them on par with the income tax. This can have a negative impact on the cryptocurrency investors.
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February 11, 2021, 02:57:31 PM
 #98

Almost one month Bidden become United State president nothing new announcement what his regulation on the future with bitcoin or altcoin, maybe many countries keep thinking focus with covid 19 and miss many other thing. Now they have try working every time how effective to make Covid 19 gone from their country and try thousand way to make all it clear.
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February 14, 2021, 12:01:31 PM
 #99

Almost one month Bidden become United State president nothing new announcement what his regulation on the future with bitcoin or altcoin, maybe many countries keep thinking focus with covid 19 and miss many other thing. Now they have try working every time how effective to make Covid 19 gone from their country and try thousand way to make all it clear.
You are really right. Each politician in his election campaign speaks very well and promises a lot, but we must evaluate the new head of state only by the results of his activities. Based on this, in any case, it is worth waiting before declaring something categorically. I believe that many peoples are now waiting for the moment how Biden's rule will be reflected in life in these countries.

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February 14, 2021, 01:25:31 PM
 #100

Almost one month Bidden become United State president nothing new announcement what his regulation on the future with bitcoin or altcoin, maybe many countries keep thinking focus with covid 19 and miss many other thing. Now they have try working every time how effective to make Covid 19 gone from their country and try thousand way to make all it clear.

Do you expect Joe Biden to make announcement regarding Bitcoin? I am afraid that it is not his job. The treasury secretary (Janet Yellen) on the other hand has issued a series of announcements related to cryptocurrency, and as expected all of them were hostile towards crypto. From what I can see, there will be much more regulations and scrutiny for cryptocurrency and its users in the Biden term when compared to the 4 years of Trump presidency.
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February 14, 2021, 02:52:59 PM
 #101

No...he won't be.

His plans involve increasing the tax rate and expanding on Obamacare, which Trump should have repealed honestly. It also includes 1.9 trillion dollars in COVID spending which is overall bad for the economy if you pay attention to inflation rates.

You might consider his 15 dollar minimum wage catastrophic for the economy too. Big corps will do well, because all politicians are in the pockets of large companies, but the small businesses end up getting the short end of the stick.

Considering republicans cut taxes primarily for the wealthy and ballooned the deficit to over a trillion dollars per year before the pandemic, this sounds like a great idea. You're not wealthy enough to have your taxes go up under the Biden plan, in fact the vast vast majority of Americans aren't, so there's actually very little reason not to repeal the tax cuts on the wealthy the nation already couldn't afford. trump couldn't get the ACA repealed because Americans don't want it repealed. Having a pandemic resulting in mass unemployment and millions of people losing health insurance has only demonstrated to the public how stupid having life-sustaining access to healthcare being tied to employment is. America is the only major western nation to live in the stone age like this.

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February 15, 2021, 08:38:08 PM
 #102

His past record is not going to matter much, as he had campaigned on a far left platform for the 2020 elections. He may have been a moderate, but that was ages ago. The Democrat party itself has moved a lot further to the left during the last 1-2 decades. The initial announcements, such as imposing a 40% tax rate on long term capital gains, and multi-trillion USD stimulus points towards that direction.
Multi trillion dollar stimulus package happened during Trump administration as well, arguably the furthers right America has ever gone was during Trump, no other president was as right as him before and dude was champions for far-right people, you may think trump was far-right or not but we all know white extremist and racist people who were far-right and Qanons all loved Trump, if wrong people loves you that means you might be doing something that makes them happy.

So, if all those far-right people and their president did a multi-trillion dollar (2.2 trillion to be exact on the first one) that means wanting another multi-trillion stimulus shouldn't be far-lef, it is just patriotic, you would want your people to be better, who would want everyone to suffer? Trump wanted 2k checks, Biden wants the same, so everyone wants that, it is not about left or right anymore, both parties and both presidents wanted the same thing, that is just a decent thing to want. Seriously it is a bipartisan whole nation thing.
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February 15, 2021, 09:57:40 PM
 #103

His past record is not going to matter much, as he had campaigned on a far left platform for the 2020 elections. He may have been a moderate, but that was ages ago. The Democrat party itself has moved a lot further to the left during the last 1-2 decades. The initial announcements, such as imposing a 40% tax rate on long term capital gains, and multi-trillion USD stimulus points towards that direction.
So, if all those far-right people and their president did a multi-trillion dollar (2.2 trillion to be exact on the first one) that means wanting another multi-trillion stimulus shouldn't be far-lef, it is just patriotic, you would want your people to be better, who would want everyone to suffer? Trump wanted 2k checks, Biden wants the same, so everyone wants that, it is not about left or right anymore, both parties and both presidents wanted the same thing, that is just a decent thing to want. Seriously it is a bipartisan whole nation thing.
I think that it is not necessary to attach such strong importance to Biden's campaign slogans and allegedly his excessive leftism. The left wing is gaining strength in the Democratic Party, but the centrists still keep the situation under control and Biden is among them. Any president of the United States, no matter what party he belongs to, would still take the same actions in the current situation and would be engaged in injecting freshly printed dollars into the economy.
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February 15, 2021, 10:53:31 PM
 #104

I believe the wage increase is a very necessary thing to do to help our fellow employees who find living really hard. Although honestly I don't think implementing it while the world is still suffering from a pandemic is a good idea, since business are still far from recovering. The economy is still in the dumpster, and enforcing higher wages can just force businesses to close down and would then cause much more problems for the common joe.
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February 16, 2021, 03:35:20 AM
 #105

His past record is not going to matter much, as he had campaigned on a far left platform for the 2020 elections. He may have been a moderate, but that was ages ago. The Democrat party itself has moved a lot further to the left during the last 1-2 decades. The initial announcements, such as imposing a 40% tax rate on long term capital gains, and multi-trillion USD stimulus points towards that direction.
Multi trillion dollar stimulus package happened during Trump administration as well, arguably the furthers right America has ever gone was during Trump, no other president was as right as him before and dude was champions for far-right people, you may think trump was far-right or not but we all know white extremist and racist people who were far-right and Qanons all loved Trump, if wrong people loves you that means you might be doing something that makes them happy.

So, if all those far-right people and their president did a multi-trillion dollar (2.2 trillion to be exact on the first one) that means wanting another multi-trillion stimulus shouldn't be far-lef, it is just patriotic, you would want your people to be better, who would want everyone to suffer? Trump wanted 2k checks, Biden wants the same, so everyone wants that, it is not about left or right anymore, both parties and both presidents wanted the same thing, that is just a decent thing to want. Seriously it is a bipartisan whole nation thing.

That goes both ways. The problem is that you are looking only at one side of the picture. Obviously the far right gained great prominence during the Trump presidential term (2017-2020). But the same can be said about the far-left as well. Never before in the history of the United States did such widespread rioting occurred across the country, organized by BLM and Antifa (and supported by the Democrat politicians). The first stimulus was OK, since it was needed. The US economy was going through a rough patch and the stimulus helped the economic recovery. But when the economy has already recovered, I don't think that there is any need for another $1.9 trillion stimulus.

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February 16, 2021, 02:32:15 PM
 #106

I have not found a single statement by Biden that would relate to his attitude to cryptocurrency and to the real plans for cryptocurrency when he took over as president. Although many media sources stated that Biden's wards constantly used cryptocurrency to fight Trump, or rather, used the real possibility of anonymity of money transfers. In this situation, it is very difficult to determine the attitude of the new US government in the future regarding the cryptocurrency, since everything will depend on a real desire to remain anonymous or gain control.

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February 16, 2021, 03:38:40 PM
 #107

Really looking forward to a great turn out especially from the manifesto. Joe Biden should be good for the business from the look of things and hoping for the best policies should be propagated from him as he takes over the mantle.

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February 16, 2021, 06:54:19 PM
 #108

The problem is that you are looking only at one side of the picture. Obviously the far right gained great prominence during the Trump presidential term (2017-2020). But the same can be said about the far-left as well. Never before in the history of the United States did such widespread rioting occurred across the country, organized by BLM and Antifa (and supported by the Democrat politicians). The first stimulus was OK, since it was needed. The US economy was going through a rough patch and the stimulus helped the economic recovery. But when the economy has already recovered, I don't think that there is any need for another $1.9 trillion stimulus.
Do not be against something just because democrats are doing it, makes no sense to not want something that would make the world a better place just because democrats are doing it.

You wanna know why I know you dislike it just because Biden is doing it? Because this is literally the thing that Trump wanted but senate didn't do, Trump himself wanted 2k checks, and with only 600 coming to your way, Biden didn't do what "left" wanted, I am a progressive left that you talk about being far-left that likes AOC and Bernie and Ilhan and all others that are progressive and we wanted 2k checks on top of that 600, but Biden "found the middle" and gave extra 1400 to make it even 2k, so you can be sure that Biden did literally what Trump wanted to do only few months ago, we can be 100% certain that as a progressive I promise you Biden is still by far the most centrist president you can find, Bernie was the far-left one and we didn't get it.
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February 16, 2021, 07:16:34 PM
 #109

Really looking forward to a great turn out especially from the manifesto. Joe Biden should be good for the business from the look of things and hoping for the best policies should be propagated from him as he takes over the mantle.

I also believe that US President Joe Biden will not make high-profile statements about Bitcoin. 

Nevertheless, his decisions will have a direct impact on the economy of the United States and the entire world.  Refusal to increase the Central Bank's discount rate (refinancing rate) will have a beneficial effect on the price of Bitcoin.  In my opinion, a lot of new dollars will be "printed" during the Joe Biden presidency. 

Will Bitcoin be banned?  In my opinion, no. 

Bitcoin mining contributes to increased energy consumption.  Banning bitcoins will negatively impact economic activity.

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CarnagexD
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February 16, 2021, 10:19:04 PM
 #110

I can see Biden being very compassionate to the common salaryman, especially with him spearheading the wage increase per hour of the average American employee, which is really integral especially during this time of need. However, I don't think it is wise to force it upon businesses who just barely started, or those that are just recovering from the huge blows it receive courtesy of the COVID-19 pandemic. Repeat offenders like fast food giants must definitely work on increasing their compensation to their workers, but for small businesses, not so much.

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wxxyrqa
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February 27, 2021, 01:37:11 PM
 #111

I can see Biden being very compassionate to the common salaryman, especially with him spearheading the wage increase per hour of the average American employee, which is really integral especially during this time of need. However, I don't think it is wise to force it upon businesses who just barely started, or those that are just recovering from the huge blows it receive courtesy of the COVID-19 pandemic. Repeat offenders like fast food giants must definitely work on increasing their compensation to their workers, but for small businesses, not so much.
It seems to me that we should wait a little longer to see Biden's first steps in the presidency, and besides, the fact that he canceled some of Trump's orders on the first day after the inauguration does not say anything yet. But what I'm most interested in is what Biden's official statement will be regarding cryptocurrencies.
Cling18
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February 27, 2021, 03:01:41 PM
 #112

As for me, no politician or leader could change the economic situation the way that we'll feel satisfied. There will always be lapses because even honest and good leaders couldn't please their people. The government will always make promises that they couldn't fulfill and we should expect that. There is no such this as perfect leaders or perfect government.
Question123
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February 27, 2021, 03:33:02 PM
 #113

Actually Donald Trump is more better to him in the field of business because we know that this man is a business mam but let see if Biden are do better the economy of America compared to the Donal Trump and I hope many new business and project will create in his term so many people will get benefits from it because they can apply the job to earn money.
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