The Biden Boom™ Is Coming Baby...

[nutsy54]

Yet another NON-Boom™... measly 1.6% GDP growth 1st quarter 2024. Steadily declining...



https://www.barrons.com/livecoverage...quarter-report

[FlipBrah]

Yet another NON-Boom™... measly 1.6% GDP growth 1st quarter 2024. Steadily declining...



https://www.barrons.com/livecoverage...quarter-report

Didn’t you hear this is a GOOD thing! CRIME IS ALSO DOWN! WHY ARE PEOPLE UPSET!??

[Dave22reborn]

Didn’t you hear this is a GOOD thing! CRIME IS ALSO DOWN! WHY ARE PEOPLE UPSET!??

Of course it's down, when you don't prosecute.

[SillieBazzillie]

Literally the greatest economy of the last few decades based on GDP, unemployment, wage growth, domestic energy production, and the market.

Disagree use facts not feelz boyos.

[Polaris]

Literally the greatest economy of the last few decades based on GDP, unemployment, wage growth, domestic energy production, and the market.

Disagree use facts not feelz boyos.

Goddamn, we did it Joe!

Thanks, Big Guy!

[SillieBazzillie]

Goddamn, we did it Joe!

Thanks, Big Guy!

So just feelz huh?

[Polaris]

So just feelz huh?

Feelings of gratitude?

Absolutely!

[fitnessislife]

Damn, the misc was down for a while and there still hasn't been a BOOM yet?

[6gorillion]

Damn, the misc was down for a while and there still hasn't been a BOOM yet?

Sillie just called it the best economy in decades LMAO!

Idk if these are just paid DNC bots or are they actually just living in an alternate reality.

[fitnessislife]

Sillie just called it the best economy in decades LMAO!

Idk if these are just paid DNC bots or are they actually just living in an alternate reality.

He still thinks that people returning to work after a pandemic to jobs that already existed somehow equals jobs "created".

[Dave22reborn]

He still thinks that people returning to work after a pandemic to jobs that already existed somehow equals jobs "created".

He's almost sixty and acts like this......

[nutsy54]

Literally the greatest economy of the last few decades based on GDP, unemployment, wage growth, domestic energy production, and the market.

Disagree use facts not feelz boyos.

Constantly repeating the same lies... doesn't make them true

Can you provide any factual proof of your laughable claims? How the hell is this the greatest anything when Unemployment has been worsening for over a year?

[freeheeler]

In the state of presidential hopeful greaseball Newsom, tue economy is booming

https://www.cbs8.com/article/news/lo...6-c634766b5e26

[SillieBazzillie]

Constantly repeating the same lies... doesn't make them true

Can you provide any factual proof of your laughable claims? How the hell is this the greatest anything when Unemployment has been worsening for over a year?

LOLOLOL

You don't even understand what normal fluctuations in unemployment are you liar.

Calling going from the lowest unemployment ever recorded to just 4 tenths of % higher is the ultimate in lying and deceiving.

Shame on you.

[fitnessislife]

In the state of presidential hopeful greaseball Newsom, tue economy is booming

https://www.cbs8.com/article/news/lo...6-c634766b5e26

Damn, it's almost like voting for Democrats has disastrous consequences.

[Procta]

lmao

https://twitter.com/PapiTrumpo/statu...31359347531784

[IAMBEE]

In the state of presidential hopeful greaseball Newsom, tue economy is booming

https://www.cbs8.com/article/news/lo...6-c634766b5e26

Fuk thats 3 times what I pay for climate change sauce in my part of the US.

[twovalvekid]

Constantly repeating the same lies... doesn't make them true

Can you provide any factual proof of your laughable claims? How the hell is this the greatest anything when Unemployment has been worsening for over a year?

Not even sure why you guys even try and engage with the full retard trolls.

If you leave them alone, they go away. They just want attention.

[sfgiants13]

lmao

https://twitter.com/PapiTrumpo/statu...31359347531784

The Biden admin is always creaming their pants about the economy but his press secretary can't tell people why they are supposedly better off now?

Just fukking lol

[frankdtank20]

LOLOLOL

You don't even understand what normal fluctuations in unemployment are you liar.

Calling going from the lowest unemployment ever recorded to just 4 tenths of % higher is the ultimate in lying and deceiving.

Shame on you.

Slow that roll on telling others what they understand and don't understand. Since the Great Recession 'unemployed' has been redefined....again. If you leave a job or get laid off and you haven't looked for a job in 4 weeks you're no longer considered unemployed. I'm not sure precisely when that fun addition to make unemployment figures appear lower came about but it's been in the last 15 years. That's a consistent theme in govt stats. Over time change the descriptions and definitions to get a desired result. Same with inflation. Most everyone knows it's notably higher than govt BS.

And again, unfortunately there were 1.35 less full-time workers last month than a year prior. All job growth in especially the last 6 months, and a majority for months prior to then has been in part-time jobs. All Biden's fault? Nah. Economic cycles are too complex with too many influences to point the finger in blame or praise solely a President, but the many govt agencies that fall under the executive branch aren't exactly helping either.

Hopefully we only experience something similar to the dotcom bust in 2000 that began in Clinton's last year in office, though I'd expect something that's a hybrid of the dotcom bust and the great recession.

[fitnessislife]

The Biden admin is always creaming their pants about the economy but his press secretary can't tell people why they are supposedly better off now?

Just fukking lol

That's what happens when you hire someone specifically for their ethnicity, gender and sexual orientation rather than any actual qualification.

[freeheeler]

Boom

Boom

Boom

https://imgur.com/a/H97tzpV

Plus sky high inflation

Boom

Boom

[nutsy54]

2) Biden has done a heroic job of cleaning up the mess Trump left him, especially the massive deficit...

FY23 (all-Biden with a Democrat-controlled Congress) saw a $1.7 TRILLION deficit, which Ecto has been stunningly silent about.
https://www.cbo.gov/publication/59727

Meanwhile, from the day this thread started (2/16/22) until yesterday, just over two years, the Federal Government debt increased $4.4 TRILLION... BOOM™
https://fiscaldata.treasury.gov/data...t-to-the-penny

[nutsy54]

{OP Pretending Biden cared about the deficit}

Reality, with a still-silent Ecto who refuses to address the massive Pelosi-Biden deficits and debt we've incurred for the past two years:


https://fred.stlouisfed.org/series/MTSDS133FMS

[Procta]

[freeheeler]

Boom

https://imgur.com/a/EBsaUA3


On top of the states $90bn debt

[Procta]

[yabbayabba]

They say that it's all FDIC insured, but makes me wonder what happens if a bunch of banks fail at the same time. Guess we could always print more money, that always fixed things in the past.

[Hypernation]

Canadian. Lol.

Did not read.

[xxAchillesxx]

They say that it's all FDIC insured, but makes me wonder what happens if a bunch of banks fail at the same time. Guess we could always print more money, that always fixed things in the past.

Welp, banks are only required to keep 10% of cash on hand in reserves. And as of 2 years ago there was around 2.25 trillion dollars in circulating currency and the total value of cash in bank account was just under 10 trillion dollars. So basically, ever seen It's a Wonderful Life?

So it's either, just print more money and enjoy even more crushing inflation, or only be able to give out $0.25 on the dollar.