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04-27-2024, 04:32 AM #61
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04-27-2024, 04:44 AM #62
Just keep on lying... keep proving Biden can't stand on his own "results", he always has to live in Trump's shadow
GDP performance has been overall declining for two years,so you just ignore that fact.
Inflation "when Trump left it" was 1.4% in 2021. Today it's 3.5%. But you lie and claim it was worse with Trump
https://tradingeconomics.com/united-.../inflation-cpi
Unemployment at 3.8%... equal to or higher than 17 months of the Trump administration that you endlessly deflect to. Unemployment that's been overall increasing for the past 14 months. Oh, and 3.4% unemployment is NOTan "all time low". That number would actually be 2.5%
https://data.bls.gov/timeseries/LNS14000000
Which again begs the question: Why does it take so many lies and deflections to defend Biden's results?
Inflation increasing: Best economy ever!
Unemployment increasing: Best economy ever!
GDP slowing: Best economy ever!
I'd say you can't make this up... but you do with every post
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04-27-2024, 04:48 AM #63
- Join Date: Jul 2011
- Location: Maryland, United States
- Age: 56
- Posts: 38,881
- Rep Power: 211143
Let me ask you a question and see if you'll answer honestly. First, do you agree that inflation is caused by too many dollars chasing too few goods? If so, do you agree that in 2020 the massive spending by the government flooded the country with dollars while the supply of goods was severely limited due to massive supply chain disruptions?
If you do agree to this, then please tell me how long you think it takes government spending and supply chain disruptions to work their way through the economy and impact CPI? Do you think this happens immediately, like after a month or two?Early AM workout crew.
Holy crap dude, Satan's huge crew.
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04-27-2024, 04:54 AM #64
It's been flat & declining. Holy crap, you continue to lie with no idea what your'e talking about.
https://fred.stlouisfed.org/series/LES1252881600Q
GDP?
Unemployment?
The markets.
Why does it take so many lies and deflections to defend Biden's results?
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04-27-2024, 04:57 AM #65
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04-27-2024, 04:57 AM #66
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04-27-2024, 04:59 AM #67
- Join Date: Jul 2011
- Location: Maryland, United States
- Age: 56
- Posts: 38,881
- Rep Power: 211143
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04-27-2024, 05:01 AM #68
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04-27-2024, 05:04 AM #69
And just keep deflecting. What the hell does rising inflation TODAY have to do with 2020? Oh, and I notice you completely ignore the continued endless, reckless, massive federal spending, deficits, and debt incurred under BIDEN.
If Biden is doing so great, why do you keep blaming Trump for Biden's results?
2023 Federal deficit: $1.7 TRILLION
https://www.cbo.gov/publication/59727
FY23 federal debt increase: $2.04 TRILLION
https://fiscaldata.treasury.gov/data...t-to-the-penny
Holy hell, you don't get an answer within 13 minutes, so you repeat the post?
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04-27-2024, 05:04 AM #70
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04-27-2024, 05:05 AM #71
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04-27-2024, 06:19 AM #72
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04-27-2024, 06:23 AM #73
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04-27-2024, 06:31 AM #74
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04-27-2024, 07:28 AM #75
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05-07-2024, 05:57 AM #76
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05-07-2024, 06:21 AM #77
- Join Date: Jan 2009
- Location: California, United States
- Age: 40
- Posts: 11,233
- Rep Power: 83163
Government spending is one of the components of GDP.
Consumption (household spending) + Investments (business spending) + Net Exports (exports - imports) + Government Spending
The fact that GDP is so abysmal right now when the government is spending trillions every year should tell you that the rest of the economy is in a death spiral. In economic theory, government spending can be used to temporarily boost GDP when the economy is in a downturn. It's not supposed to float the entire economy (and still be failing there).
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05-07-2024, 09:06 AM #78
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05-07-2024, 10:05 AM #79
Trump mishandled covid for sure. His pre covid economy was amazing.
Commie libtard governors mishandled their state economies even worse
Biden is just mishandling everything without a pandemic. He seems to think trumps covid response was so good that it should be expanded
Really irrational to be blaming trump for all of this in 2024. Especially while claiming the economy is performing well right nowOfficial misc attaché to the Kremlin
Наше дело правое.
Враг будет разбит.
Победа будет за нами!
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