Thursday GDP release will elevate Biden to elite status

[JWBooth]

Cooking the books again.

 

[theHawk]

Those are the product of an economy doing very well...

Interest rates are high to reduce spending and thus lower inflation....

Just to show your fariness, could you explain how Trump increased borrowing and lowered taxes when

President Trump’s repeated claim: ‘The greatest economy in the history of our country’​

When the economy is overheateing you try and restrict money not increase it... Lowering interest rates would increase inflation, why do you want higher inflation?

Lowering interest rates does not cause inflation. We had the lowest interest rates with Trump and had super low inflation.

Printing trillions of dollars and growing the money supply exponentially is what causes inflation.

You people are ridiculous.

 

[Rawley]

Gas $3.25/gallon in Akron so nope!

$5.60 here in Los Angeles.

 

[Oddball]

Thursday the government will release GDP figures to the nation. It is widely expected to be a stellar report leaving no hint at a 2023 recession and elevating Joe Biden into the position of an elite few who have presided over an economy that grew over 4%. Post your thanks below.

GDP bonanza: U.S. economy may have grown 5% in the third quarter

The U.S. economy has not only defied widespread predictions of a sharp slowdown. It's grown even faster.

www.marketwatch.com

Economist survey: GDP growth of 4.3% in 3Q, fastest in nearly 2 years | Fortune

The American economic hot streak is just warming up.

fortune.com

From Recession Fears to Too Good? What This Week’s GDP Data Will Tell Us - WSJ's Take On the Week - WSJ Podcasts

This week, we're looking ahead to the GDP data for the third quarter of 2023 to find out how much the American economy grew from July to September. Thanks to higher than expected numbers from the latest retail sales and jobs reports, economists have lowered the probability of a recession...

www.wsj.com

The world’s largest economy probably expanded at the quickest pace in nearly two years during the third quarter on the back of a steadfast US consumer, a challenge for Federal Reserve officials who are debating whether additional policy tightening is needed.


Gross domestic product advanced at a 4.3% annualized pace in July-September, according to the median projection in a Bloomberg survey of economists. Such growth illustrates that the US remains the global economic powerhouse as Europe stagnates and Asia contends with a struggling China.

If that alleged growth rate is true (spoiler alert: it's not), why did tax receipts miss by about $600 billion?

 

[Billiejeens]

30 year high of delinquent car payments.

40 year high interest rates.

Homes are half as affordable as they were three years ago.

Gas still over $4 / gal.

No one is going to believe for a second that the economy is doing well, no matter what GDP numbers they cook up.

That idiot troll doesn't even believe it.

 

[citygator]

Those are in S. Carolina. When I lived in Charlotte I always went to Carowinds for gas.

It’s $3.10 near me in south charlotte. $2.90 in South Carolina.

 

[Winco]

I’ve got a job, despite Joe Biden trying to get me fired from my job for not taking an experimental clot shot. Only thanks to some Trump appointed judges do I still have my job.

BS.......What Job....do share.
Teachers in WA, we NOT fired.

Why don't you CLOWNS hold trump accountable for the shot? Warp Speed...LOLOL

 

[citygator]

Lowering interest rates does not cause inflation. We had the lowest interest rates with Trump and had super low inflation.

Printing trillions of dollars and growing the money supply exponentially is what causes inflation.

You people are ridiculous.

Thank Trump for that money printing.

 

[Oddball]

Thank Trump for that money printing.

Trump never ran a deficit nearing $2 trillion, hackasaurus rex.

 

[ThisIsMe]

BS.......What Job....do share.
Teachers in WA, we NOT fired.

Why don't you CLOWNS hold trump accountable for the shot? Warp Speed...LOLOL

I do, all of that was developed under trump, but why don’t you hold Biden accountable as well? He was the one who forced it on everyone.

 

[Concerned American]

Gas $3.25/gallon in Akron so nope!

Gas $4.59/gallon in Spokane so yep!

 

[Oddball]

Cooking the books again.

Exactly....There's a reason Yellen delayed releasing the numbers for over two weeks.

 

[Crepitus]

Good for you, you live in a nice red state.

Meanwhile the rest of America is paying a lot more.

View attachment 848089

Where?

 

[Freedomisneverfree]

Elite? no

Stupid? yes

Senile? yes

 

[citygator]

Trump never ran a deficit nearing $2 trillion, hackasaurus rex.

Yes he did.

 

[Concerned American]

When the economy is overheateing

It wasn't overheated until Biden policies raised fuel prices, minimum wages, and the resultant inflation, moron.

 

[citygator]

Elite? no

Stupid? yes

Senile? yes

Scoreboard says different.

 

[The Irish Ram]

lol, gator. Why do you think Obama got rid of the Propaganda Act?
So the gov. and the gov. run media could feed you bullshit 24/7. And they do. They are no longer under any obligation to tell you the truth. So, they don't.
Then he established the world disinformation agency to remove the truth completely instead of using the lying fact checking discrediting ploy...

 

[Concerned American]

BS.......What Job....do share.
Teachers in WA, we NOT fired.

Why don't you CLOWNS hold trump accountable for the shot? Warp Speed...LOLOL

Because Piglosi/Democrat congress and, since you weren't paying attention, teachers in WA WERE fired for not receiving covid shots or exemptions. Did you forget about Nick Rolovich? Try again. Nearly 90% of Washington state's school employees are compliant with COVID-19 vaccine mandate Any more questions? BTW, are you trying to impress everyone with WA's teacher excellence? No wonder Johnny can't read or write.
Teachers in WA, we not fired.

 

[Synthaholic]

30 year high of delinquent car payments.

President Biden is now supposed to pay your car loan for you, too?

Tell ya what, pervert - spend less on OnlyFans, spend more on paying your bills.

40 year high interest rates.

Old news, from 2021-2022. Inflation is at 3.70%. That's not bad at all.

But Exxon posted profits of $55Billion, while hosing you for high gas prices. They know that you morons can't put 2+2 together.

Homes are half as affordable as they were three years ago.

How is that President Biden's fault? He's not your realtor.

Gas still over $4 / gal.

Where the fuck do you live, Hawaii? Because the most common price for gas right now across the country is $2.99

It's much more likely that you're just lying again. It's what you do.