Biden’s economy excels vs peers - so why all the griping?

citygator

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Jun 23, 2019
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The US is the greatest economy in the world and under Joe Biden's leadership it has risen out of the ashes of Covid much more successfully than peer nations and it isnt even close. Canada is number 2 and owes part of its performance on its proximity to the US.

So why all the griping? Here is why: The disassociation of economic performance and economic satisfaction in the US is entirely driven media reporting bias. See the study below the chart.

Why are we so great?
  • Fast and courageous actions of the US government exiting Covid
  • Flexible Labor - Productivity spike and quick shifting labor to new demand and away from old
  • Energy Independence - We are influenced by world energy markets but our output gives us power
  • Competition - More competitive markets didn’t stop price increases from going to the customer but they slowed it down compared to peers.

IMG_0758.png




In the analysis below, we offer a complementary explanation related to perception: that the tenor of economic news has become systemically more negative over time. Our analysis suggests that over the past six years, tone has shifted more negative, with an increase in the magnitude of negative tone over the past three years.



Link to the graph above here
 
The US is the greatest economy in the world and under Joe Biden's leadership it has risen out of the ashes of Covid much more successfully than peer nations and it isnt even close. Canada is number 2 and owes part of its performance on its proximity to the US.

So why all the griping? Here is why: The disassociation of economic performance and economic satisfaction in the US is entirely driven media reporting bias. See the study below the chart.

Why are we so great?
  • Fast and courageous actions of the US government exiting Covid
  • Flexible Labor - Productivity spike and quick shifting labor to new demand and away from old
  • Energy Independence - We are influenced by world energy markets but our output gives us power
  • Competition - More competitive markets didn’t stop price increases from going to the customer but they slowed it down compared to peers.

View attachment 950444



In the analysis below, we offer a complementary explanation related to perception: that the tenor of economic news has become systemically more negative over time. Our analysis suggests that over the past six years, tone has shifted more negative, with an increase in the magnitude of negative tone over the past three years.



Link to the graph above here

Who says the Trump tax cuts didn't work?
 
Funny. You dont even try. You just shit on a keyboard and post. 2020 GDP was negative and overall:

View attachment 950558


Everyone please take note that citygator posted an OP comparing a single QTR in 2024 to a single QTR in 2019.

Then when I hit him with Trump's amazing numbers for the LAST TWO QUARTERS of his term all the sudden he wants to talk about GDP numbers for an entire year.............with the Trump year being when the global pandemic hit.

What a clown. :auiqs.jpg: :auiqs.jpg: :auiqs.jpg: :auiqs.jpg: :auiqs.jpg: :auiqs.jpg: :auiqs.jpg: :auiqs.jpg: :auiqs.jpg:
 
The US is the greatest economy in the world and under Joe Biden's leadership it has risen out of the ashes of Covid much more successfully than peer nations and it isnt even close. Canada is number 2 and owes part of its performance on its proximity to the US.

So why all the griping? Here is why: The disassociation of economic performance and economic satisfaction in the US is entirely driven media reporting bias. See the study below the chart.

Why are we so great?
  • Fast and courageous actions of the US government exiting Covid
  • Flexible Labor - Productivity spike and quick shifting labor to new demand and away from old
  • Energy Independence - We are influenced by world energy markets but our output gives us power
  • Competition - More competitive markets didn’t stop price increases from going to the customer but they slowed it down compared to peers.

View attachment 950444



In the analysis below, we offer a complementary explanation related to perception: that the tenor of economic news has become systemically more negative over time. Our analysis suggests that over the past six years, tone has shifted more negative, with an increase in the magnitude of negative tone over the past three years.



Link to the graph above here

Hey ladies, we're supposed to ignore it now costs twice as much to live than pre-Biden.
 
Let me refresh your memory.....there was GLOBAL PANDEMIC in 2020.

Trump was bringing us out of it to the tune of 19.6% growth.

Your Pedo Messiah came in and fucked it up.
In Trump’s first three years, 2017 to 2019, real GDP expanded by an annual average of 2.6%, according to the Bureau of Economic Analysis.

Anemic. Then he mishandled Covid.
 
So why all the griping? Here is why: The disassociation of economic performance and economic satisfaction in the US is entirely driven media reporting bias.

Most people go to the grocery store and to the gas station and they buy stuff. That's where they get their opinion of Potatohead's economy, not from the media.
 
The US is the greatest economy in the world and under Joe Biden's leadership it has risen out of the ashes of Covid much more successfully than peer nations and it isnt even close. Canada is number 2 and owes part of its performance on its proximity to the US.

So why all the griping? Here is why: The disassociation of economic performance and economic satisfaction in the US is entirely driven media reporting bias. See the study below the chart.

Why are we so great?
  • Fast and courageous actions of the US government exiting Covid
  • Flexible Labor - Productivity spike and quick shifting labor to new demand and away from old
  • Energy Independence - We are influenced by world energy markets but our output gives us power
  • Competition - More competitive markets didn’t stop price increases from going to the customer but they slowed it down compared to peers.

View attachment 950444



In the analysis below, we offer a complementary explanation related to perception: that the tenor of economic news has become systemically more negative over time. Our analysis suggests that over the past six years, tone has shifted more negative, with an increase in the magnitude of negative tone over the past three years.



Link to the graph above here
keep running on that ... maybe the voters will fall for it ..
 
The US is the greatest economy in the world and under Joe Biden's leadership it has risen out of the ashes of Covid much more successfully than peer nations and it isnt even close. Canada is number 2 and owes part of its performance on its proximity to the US.

So why all the griping? Here is why: The disassociation of economic performance and economic satisfaction in the US is entirely driven media reporting bias. See the study below the chart.

Why are we so great?
  • Fast and courageous actions of the US government exiting Covid
  • Flexible Labor - Productivity spike and quick shifting labor to new demand and away from old
  • Energy Independence - We are influenced by world energy markets but our output gives us power
  • Competition - More competitive markets didn’t stop price increases from going to the customer but they slowed it down compared to peers.
In the analysis below, we offer a complementary explanation related to perception: that the tenor of economic news has become systemically more negative over time. Our analysis suggests that over the past six years, tone has shifted more negative, with an increase in the magnitude of negative tone over the past three years.

Link to the graph above here
Why all the griping? Well, have you bought gas or groceries lately? Paid a utility bill lately?

Yes, rebounding from the Covid devastation, the economy has produced lots of jobs, etc., but what about the huge increase in the cost of living? Your dollars buy considerably less than they did when Biden took office. You can't ignore that crucial factor when you're judging an economy.

I have yet to see you admit that Biden has done anything wrong.
 
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