The President with the worst average unemployment rate since World War II is?

[Harpy Eagle]

One proof would be the severe drop in oil production when Biden took over, as compares to what companies were producing with Trump.

Is there anything you are not wrong about?

Average number of barrels produced per day in the US (in thousands)

U.S. Field Production of Crude Oil (Thousand Barrels per Day)

 

[Harpy Eagle]

Show where there was a recession under Trump.

Note that I've already posted proof of several recessions under Obama and Biden.

Using your fucked up definitoin we were in a recession for in 2018-2019 as the GDP growth 3 straight quarters

US Real GDP Growth Rate by Quarter

US Real GDP Growth Rate table by quarter, historic, and current data. Current US Real GDP Growth Rate is 1.80%.

www.multpl.com

 

[Faun]

I didnt say GDP going down was a recession, dumbass. In fact, I did say what a recession is - a succession of 2+ quarters of falling GDP. Trump had none. Obama and Biden both have had multiples of them.

Thanks for bringing the subject up. It's an important point showing what dismal failures Democrat presidents have been on the economy.

LOL

Poor gramps, making up his own moronic definitions of what comprises a recession. Then crying out loud because no one else uses his definition.

 

[Faun]

Yes it is, stupid brainwashed one. When an economy experiences two consecutive quarters of economic decline. This occurs when GDP falls in comparison to the previous quarter - as shown in the charts I posted.

Back to the 8th grade for you (to deprogram you from all that CNN/MSNBC jibberish (sent directly to low information DUPES)

Recession: Definition, Causes, Effects & Solutions

In economics, a recession means a decline in economic growth. More specifically, it is when an economy experiences two consecutive quarters of economic decline.

boycewire.com

In 1974, economist Julius Shiskin came up with a few rules of thumb to define a recession: The most popular was two consecutive quarters of declining GDP. A healthy economy expands over time, so two quarters in a row of contracting output suggests there are serious underlying problems, according to Shiskin. This definition of a recession became a common standard over the years.

What Is A Recession?

A recession is a significant decline in economic activity that lasts for months or even years. Experts declare a recession when a nation’s economy experiences negative gross domestic product (GDP), rising levels of unemployment, falling retail sales, and contracting measures of income and manufactur

www.forbes.com

What happens in a recession? | John Hancock Investment Mgmt

Recessions are neither common nor rare. Some predictions of them prove inaccurate; at other times, recessions can result in significant damage to the economy and markets.

www.jhinvestments.com

LOL

Your own link calls yiu an idiot. It says "negative" GDP is required..

Experts declare a recession when a nation’s economy experiences negative gross domestic product (GDP)​

 

[Faun]

The calendar is enough for most people. When Trump left office, gas in my neighborhood was $1.89/gallon.

That's not evidence Biden caused it. Thanks for tryin'. Be sure to collect your participation trophy on the way out.

 

[Faun]

Looks like you don't know how to read BEA GDP charts.

Real GDP, in billions...

2019-Q4: 19,215.7
2020-Q4: 18,924.3

 

[Faun]

Show where there was a recession under Trump.

Note that I've already posted proof of several recessions under Obama and Biden.

Imbecile...

 

[Faun]

FALSE! Not that this is much of a relevant stat, but you are wrong. GDP was HIGHER in 2020-Q4, than in 2019-Q4.
2019 Q4 - 1.8
2020 Q4 - 3.9
Faun slips again.

Nope, no slip. Post #5546 proves me right and proves you're senile.

 

[Faun]

Using your fucked up definitoin we were in a recession for in 2018-2019 as the GDP growth 3 straight quarters

US Real GDP Growth Rate by Quarter

US Real GDP Growth Rate table by quarter, historic, and current data. Current US Real GDP Growth Rate is 1.80%.

www.multpl.com

View attachment 803068

I don't know what the fuck that is, but it doesn't match the BEA's figures...

https://apps.bea.gov/national/xls/gdpchg.xlsx

 

[Toddsterpatriot]

Toddster is so lost.

Where did you run off to? DURR.

 

[Dagosa]

To people who KNOW what a recession is, they represent a RECESSION. To dum dums who go around talking about "recession", and have no clue what it is, they represent a question mark.

Yup, it has a definition. Look it up.

 

[themirrorthief]

Yup, it has a definition. Look it up.

lots of great jobs at Mcdonalds, and burger king since biden came along.....people cant afford a decent diner

 

[Dagosa]

lots of great jobs at Mcdonalds, and burger king since biden came along.....people cant afford a decent diner

Burp.

 

[protectionist]

Yup, it has a definition. Look it up.

Good idea. You can "look it up" in Post # 5522 (links).

 

[Toddsterpatriot]

Good idea. You can "look it up" in Post # 5522 (links).

When an economy experiences two consecutive quarters of economic decline. This occurs when GDP falls in comparison to the previous quarter - as shown in the charts I posted.

Slower growth is still growth, not a decline.

 

[protectionist]

Trump crashed US oil production & bankrupted US oil drillers.

Under Biden US oil production has steadily increased.

That is the exact OPPOSITE of the truth. What leftwing propaganda mill did you dredge that up from ?

Pretty amazing the slop that left media is feeding to their DUPES. Here's your deprogramming >>>

Here's the whole scoop from top to bottom. It shows Trump, by far, outperforming Biden on oil production.
Biden's production is a major reduction from what Trump's production was, and even much more major, when we extrapolate Trump's rising line to January 2023, if he had retained the presidency.

Oil production overall not only increased, during the Trump administration, it soared, and was vastly greater than the production we've gotten with Biden.
Trump production
December 2019 - 402.3 Million Barrels/month
January 2020 - 398.4
And Trump exceeded Biden's top month of 371.2 Million Barrels/month NINE TIMES, despite the Obama low production influences and later, the pandemic months reductions. And note also that Biden's top production month of 371.2, was recently in August of 2022, when he started increasing production, to try to lower gas prices, as we started getting closer to the 2022 ELECTION.

Biden's 2021 average is 341 Million Barrels/month compared to Trump's 374.
Biden's 2022 average (when he ramped up production as the 2022 election drew closer) wasn't much better > 354.

												8
2017	275,117	255,081	284,146	273,041	284,727	273,321	286,657	286,759	285,499	299,726	302,564	309,486
2018	310,032	287,870	324,467	314,996	323,491	319,216	337,814	353,154	343,298	356,767	356,583	370,284
2019	367,924	326,845	369,292	364,458	376,763	366,546	368,965	387,073	377,710	397,094	390,010	402,314
2020	398,420	372,419	396,693	357,412	301,105	313,275	341,184	327,875	327,623	324,180	335,867	346,223
2021	344,846	277,891	351,102	339,142	352,036	340,693	351,757	349,600	327,526	358,626	353,702	360,666
2022	352,449	316,851	362,725	350,052	360,503	353,918	367,164	371,339	368,040

U.S. Field Production of Crude Oil (Thousand Barrels)

AND, if we extrapolate the EIA graph curve of Trump to now (Dec. 2022) if Trump were still president, it would be whopping 580 Million Barrels/month - HUNDREDS of Barrels/month more than Biden ever allowed produced.

U.S. Field Production of Crude Oil (Thousand Barrels)

Look at the graph line where it peaked at 402 Million Barrels/mo in December of 2019. Because of the climb up to that point, there is every reason to believe, that had the pandemic shutdowns not occured, that rising line would have continued rising exactly as it was already doing. And if Trump had remained president, and we thereby extend-extrapolate the line to as far as December 2022, we can easily see that it would be at about 580 Million Barrels/mo

(209 million Barrels/mo more than Biden's measly 371 Million).

Go ahead - put a ruler on the line that starts at 2017 when Trump took over, and look at where it goes to for December 2022 > 580 Million

All one need do to see the stark difference between the oil-friendly Trump and the oil-hostile Biden, is look at the NOSEDIVE oil production took between Trump's last month, and Biden's first month (when he issued an EO to halt oil drilling)
Trump's last month in office was January 2021 - production was 344 MB/mo. Bidens first month was 277.
A DROP of a whopping 67 MB/mo Sure, because that was right after Biden issued EOs cancelling oil leases

Biden signs executive order pausing federal drilling leases

 

[protectionist]

Are you really this fucking stupid?

A declining GDP means that GDP growth is in the negative, that that growth slowed down for two quarters. Your definition does not say declining growth, it say "decline" which means it went down and not up.

I am truly embarrassed for you.

You should be embarrassed for YOURSELF. Have you been taking doubletalk lessons from Faun, on how to twist words/reality to adhere to your agenda ? Pheeeew! Leftists are truly deranged.

Declining GDP means lower GDP in a quarter compared to the previous quarter. That's the same thing as what I posted repeatedly in Post # 5522. So now you wasted a perfectly good post #, to say NOTHING.

 

[protectionist]

ADP: Private employers added 497,000 jobs in June​

Oh, so now we are supposed to take the word of a leftist think tank over the US Bureau of Labor Statistics of the US Dept of Labor, huh ?
Here's the BLS report >>>

U.S. employers add 209,000 jobs in June, as jobless rate falls to 3.6%

(The Center Square) - U.S. employers added 209,000 nonfarm jobs in June, under the monthly average of 278,000 for the first half of 2023, according to the federal Bureau of

www.thecentersquare.com

 

[protectionist]

Is there anything you are not wrong about?

Average number of barrels produced per day in the US (in thousands)

U.S. Field Production of Crude Oil (Thousand Barrels per Day)

Perhaps you need to go back to the 4th grade, to learn how to READ.

I said in comparison to Trump. Get it ?
"as compares to what companies were producing with Trump."

 

[protectionist]

Using your fucked up definitoin we were in a recession for in 2018-2019 as the GDP growth 3 straight quarters

US Real GDP Growth Rate by Quarter

US Real GDP Growth Rate table by quarter, historic, and current data. Current US Real GDP Growth Rate is 1.80%.

www.multpl.com

View attachment 803068

Those numbers are nowhere close to that actual numbers. Total fake news BS. Here are the numbers - No recession in 2018 or 2019.