U.S. economy grows at blockbuster pace in third quarter

Great president, or the greatest president? Trump never had close to 4.9% growth in any quarter. He promised it, but as always, he couldn't deliver.

U.S. economy grows at blockbuster pace in third quarter

GDP grew at an annual rate of 4.9 percent from July to September, the highest reading since 2021​


The U.S. economy grew by an annualized rate of 4.9 percent in the third quarter, the strongest pace since 2021, as spending — by families, businesses and the government — accelerated, even in the face of fast-rising borrowing costs.

Get a curated selection of 10 of our best stories in your inbox every weekend.
New government data released Thursday by the Bureau of Economic Analysis shows that gross domestic product expanded between July and September, capping five straight quarters of growth and eluding a long-feared recession.

The economy’s resilience is a product of a strong job market and extra pandemic savings, which have made it possible for people to keep spending despite inflation and rising interest rates. Robust government hiring — including 214,000 new jobs between July and September — also added to overall strength.

What’s particularly remarkable is that the economy grew so strongly amid the highest interest rates in more than 15 years, as the Federal Reserve tries to cool the economy down to curb inflation.
Shillaholic making anotha dolla. Old people are still can't afford their meds, people are still struggling to fill their gas tanks and feed their kids. The monthly hoopla over macro statistics is overblown.
 
Shillaholic making anotha dolla. Old people are still can't afford their meds, people are still struggling to fill their gas tanks and feed their kids. The monthly hoopla over macro statistics is overblown.
Because of our great president Joe Biden, Medicare can now negotiate drug prices. So meds will cost less.

Trump promised, but Biden delivered.


And gas is averaging $2.99 per gallon nationwide. If you can't afford that on your gummint handouts then go get a job, bum.
 
Because of our great president Joe Biden, Medicare can now negotiate drug prices. So meds will cost less.

Trump promised, but Biden delivered.


And gas is averaging $2.99 per gallon nationwide. If you can't afford that on your gummint handouts then go get a job, bum.
what meds are costing less?.....and gas is still 4.62 in vegas.....just saying....
 

There are alternatives, Harry.

Albertsons​

8185 Blue Diamond Rd​

Las Vegas, NV​


$3.99 REGULAR $4.65 PREMIUM
here we go again.....john as i have told you twice so far.....those places you keep on showing me are a good 30 miles from me.....that station that you put up is exactly 29 miles from me....try again john....
 
Bideninflation has cumulatively been 20+, which is disastrous.

That means whatever income only has the buying power of 80% of what it was when Trump was President.

Family income has not kept up with inflation. Family income has declined under the Potatohead/Ho administration just like it did under the Queer Barry/Potatohead administration.


US incomes fall for third straight year under Biden admin as more people ‘cut back’ and work multiple jobs: Census Bureau


Inflation surges outpaced the average pay raises of US workers, the third consecutive year under President Joe Biden in which Americans have seen their standard of living take a tumble, according to fresh data from the US Census Bureau.
 
So you live out in the boondocks.

You will pay more and I think you are quoting the premium price out where you are.
i dont live in the boondocks john.....you people think all there is in las vegas is the strip and surrounding areas....you people have a lot to learn.....Centennial hills is not the boon docks....from the northern part of the city to the south,were that gas station is,its 30 miles....
 
im a diabetic.....so far its the same price at CVS....insulin pens may not be covered....so far it says vials of insulin meaning you are giving yourself a shot with a syringe....check me if i am wrong....
Eli Lilly announced they are lowering the cost of insulin by 70% and capping what patients pay out-of-pocket for insulin at $35. This action, driven by the momentum from the Inflation Reduction Act, could benefit millions of Americans with diabetes in all fifty states and U.S. territories.Mar 2, 2023


INDIANAPOLIS, March 1, 2023 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced price reductions of 70% for its most commonly prescribed insulins and an expansion of its Insulin Value Program that caps patient out-of-pocket costs at $35 or less per month. Lilly is taking these actions to make it easier to access Lilly insulin and help Americans who may have difficulty navigating a complex healthcare system that may keep them from getting affordable insulin.

Today, Lilly is reducing the list price of insulins by:

Cutting the list price of its non-branded insulin, Insulin Lispro Injection 100 units/mL, to $25 a vial. Effective May 1, 2023, it will be the lowest list-priced mealtime insulin available, and less than the price of a Humalog® vial in 1999.

Cutting the list price of Humalog® (insulin lispro injection) 100 units/mL1, Lilly's most commonly prescribed insulin, and Humulin® (insulin human) injection 100 units/mL2 by 70%, effective in Q4 2023.

Launching RezvoglarTM (insulin glargine-aglr) injection, a basal insulin that is biosimilar to, and interchangeable with, Lantus® (insulin glargine) injection, for $92 per five pack of KwikPens®, a 78% discount to Lantus, effective April 1, 2023.

"While the current healthcare system provides access to insulin for most people with diabetes, it still does not provide affordable insulin for everyone and that needs to change," said David A. Ricks, Lilly's Chair and CEO. "The aggressive price cuts we're announcing today should make a real difference for Americans with diabetes. Because these price cuts will take time for the insurance and pharmacy system to implement, we are taking the additional step to immediately cap out-of-pocket costs for patients who use Lilly insulin and are not covered by the recent Medicare Part D cap."

In addition to reducing the list price of its insulins, Lilly is making it easier for more people with diabetes to get Lilly insulins:

Effective immediately, Lilly will automatically cap out-of-pocket costs at $35 at participating retail pharmacies for people with commercial insurance using Lilly insulin.3

People who don't have insurance can continue to go to InsulinAffordability.com and immediately download the Lilly Insulin Value Program savings card to receive Lilly insulins for $35 per month.

"We are driving for change in repricing older insulins, but we know that 7 out of 10 Americans don't use Lilly insulin. We are calling on policymakers, employers and others to join us in making insulin more affordable," continued Ricks. "For the past century, Lilly has focused on inventing new and improved insulins and other medicines that address the impact of diabetes and improve patient outcomes. Our work to discover new and better treatments is far from over. We won't stop until all people with diabetes are in control of their disease and can get the insulin they need."
 
i dont live in the boondocks john.....you people think all there is in las vegas is the strip and surrounding areas....you people have a lot to learn.....Centennial hills is not the boon docks....from the northern part of the city to the south,were that gas station is,its 30 miles....
Centennial Gas.jpg
 
i dont live in the boondocks john.....you people think all there is in las vegas is the strip and surrounding areas....you people have a lot to learn.....Centennial hills is not the boon docks....from the northern part of the city to the south,were that gas station is,its 30 miles....
There are alternatives, not as cheap as mine, but better than your quotes.

1698465177375.png
 
Great president, or the greatest president? Trump never had close to 4.9% growth in any quarter. He promised it, but as always, he couldn't deliver.

U.S. economy grows at blockbuster pace in third quarter

GDP grew at an annual rate of 4.9 percent from July to September, the highest reading since 2021​


The U.S. economy grew by an annualized rate of 4.9 percent in the third quarter, the strongest pace since 2021, as spending — by families, businesses and the government — accelerated, even in the face of fast-rising borrowing costs.

Get a curated selection of 10 of our best stories in your inbox every weekend.
New government data released Thursday by the Bureau of Economic Analysis shows that gross domestic product expanded between July and September, capping five straight quarters of growth and eluding a long-feared recession.

The economy’s resilience is a product of a strong job market and extra pandemic savings, which have made it possible for people to keep spending despite inflation and rising interest rates. Robust government hiring — including 214,000 new jobs between July and September — also added to overall strength.

What’s particularly remarkable is that the economy grew so strongly amid the highest interest rates in more than 15 years, as the Federal Reserve tries to cool the economy down to curb inflation.
Bidenomics -

 
Great president, or the greatest president? Trump never had close to 4.9% growth in any quarter. He promised it, but as always, he couldn't deliver.

U.S. economy grows at blockbuster pace in third quarter

GDP grew at an annual rate of 4.9 percent from July to September, the highest reading since 2021​


The U.S. economy grew by an annualized rate of 4.9 percent in the third quarter, the strongest pace since 2021, as spending — by families, businesses and the government — accelerated, even in the face of fast-rising borrowing costs.

Get a curated selection of 10 of our best stories in your inbox every weekend.
New government data released Thursday by the Bureau of Economic Analysis shows that gross domestic product expanded between July and September, capping five straight quarters of growth and eluding a long-feared recession.

The economy’s resilience is a product of a strong job market and extra pandemic savings, which have made it possible for people to keep spending despite inflation and rising interest rates. Robust government hiring — including 214,000 new jobs between July and September — also added to overall strength.

What’s particularly remarkable is that the economy grew so strongly amid the highest interest rates in more than 15 years, as the Federal Reserve tries to cool the economy down to curb inflation.
And as usual the reprehensible right wants to see Americans suffer for some perceived partisan gain.

The economy is strong, Americans are working and earning, unemployment is low – yet conservatives want to see America fail.
 

Forum List

Back
Top