Best Economy Ever

[otto105]

About time Biden stopped hurting American wages.

For 12 months following the felon’s awful COVID response.

 

[Toddsterpatriot]

That the aftermath of Trump's economy.

This is Biden's economy helping the worker.

The figures mean nothing. The math does not have any explanatory other than "Real Wages", meaning nothing because theire is not context.

You need context to understand what real wages mean? DURR

 

[John Edgar Slow Horses]

Toddsterpatriot, your chart without context is meaningless.

 

[citygator]

The gains we are seeing now is a result of businesses banking on Trump being elected and the regulation cuts that will follow. The killing of Chevron by SCOTUS also has something to do with it.

Not even close bud. The economy is doing great and when Joe Biden is reelected you can move to Russia and get your love for criminal leaders there.

 

[1srelluc]

Not even close bud. The economy is doing great and when Joe Biden is reelected you can move to Russia and get your love for criminal leaders there.

Meh, you can FOAD.

 

[Toddsterpatriot]

Toddsterpatriot, your chart without context is meaningless.

Real wages are wages adjusted for inflation,

 

[John Edgar Slow Horses]

Real wages are wages adjusted for inflation,

And real wages are ahead of inflation. Yes?

 

[Toddsterpatriot]

And real wages are ahead of inflation. Yes?

Not during Biden's term to date.

 

[John Edgar Slow Horses]

Yes, it is, over the last two years.

Yes, wages have grown faster than inflation in both 2023 and 2024. For instance, between June 2023 and June 2024, wages grew by 3.9%, which was quicker than the rate of inflation1. Additionally, in March 2024, wages and salaries increased by 4.3% over the previous year, while inflation was lower23.

 

[keepitreal]

Trump was actually the worst jobs president since Herbert Hoover, and was responsible for two-thirds of the massive pandemic stimulus that caused inflation.
S.V. Date | HuffPost

Republicans Kick Off Convention Pushing Myth Of Trump’s ‘Best Ever’ Economy

Trump was actually the worst jobs president since Herbert Hoover, and was responsible for two-thirds of the massive pandemic stimulus that caused inflation.

www.huffpost.com

The talking points began within months of Democrat Joe Biden moving into the White House — and remain as untrue now as they were then.

But even discounting the pandemic year, Trump’s economy had lower GDP growth and fewer new jobs in his first three years in office than predecessor Barack Obama’s final three years. Republicans, including Trump, disparaged those years as an economic disaster.
On inflation, many economists believe that the high inflation rates of 2022 and 2023 — and subsequent high interest rates by the Federal Reserve — were caused by the $5.7 trillion in COVID stimulus spending designed to keep the economy from collapsing into depression. If they are correct, it follows that two-thirds of the responsibility for inflation logically belongs to Trump, under whose watch two-thirds of the spending took place.

And while it’s true gasoline prices collapsed in Trump’s final year, that was because so many Americans lost their jobs in 2020 and so many businesses had closed that the demand for gas plummeted. Prior to the pandemic, gasoline prices were on average higher in 2017, 2018 and 2019 than they were in Obama’s final year, 2016.

While inflation is falling and manufacturing is booming under President Biden, economists are warning that a second Trump term will set off an ‘inflation bomb’ and raise middle class families’ costs by $2,600 a year

Don't believe this because it came from the Huffington Post? Basically the same thing Bill Maher, Chris Christie, Nikki and Ron D said.

 

[John Edgar Slow Horses]

Trump was actually the worst jobs president since Herbert Hoover

 

[sealybobo]

Trump was actually the worst jobs president since Herbert Hoover

I ask these Republicans if they are saving enough to retire. If they are making enough to keep up with inflation. They're all doing great under Biden.

 

[Harpy Eagle]

I ask these Republicans if they are saving enough to retire. If they are making enough to keep up with inflation. They're all doing great under Biden.

That is one of the oddest things about their claims about the economy, not a single on here will admit to doing worse.

 

[sealybobo]

That is one of the oddest things about their claims about the economy, not a single on here will admit to doing worse.

Here is what they are doing. Things are more expensive today than they were 4 years ago. Not Biden's fault, and never going back. Even though prices are coming down. They'll probably never be that low again. My dollar stores went to $1.25. They will never go back. Know what I mean?

But I also got raises. And companies are paying more than they were 4 years ago. Right?

They want home prices to come down but us home owners don't want that. Right?

I liked hearing in this one town or city, a renter ran for city counsel and won. Because so many renters lived in that city and no one was looking out for the renters. Now a renter has a seat at the table.

 

[JohnDB]

Incoming Recession....

 

[Harpy Eagle]

Incoming Recession....

you sheep have been saying that every day since Jan 2021.

So far all your wishful thinking has not panned out

 

[Harpy Eagle]

Incoming Recession....

a little context for the bed wetters...

 

[JohnDB]

a little context for the bed wetters...

View attachment 983765

Maybe you really should post things that support your point instead of mine. This chart has "crash" written all over it. Even beginning chart analyzers recognize the hallmarks of recession.....

 

[JohnDB]

 

[Harpy Eagle]

Maybe you really should post things that support your point instead of mine. This chart has "crash" written all over it. Even beginning chart analyzers recognize the hallmarks of recession.....

Oh yeah, for sure. A commodity drooping back a little bit from a record high leads to a recession every single ******* time

Are you truly this ******* stupid?