Biden's first year GDP growth, the largest since Reagan

[ElmerMudd]

Biden's first year GDP growth was 5.97%, the largest since Reagan.
Trump's annualized GDP growth, for his 4 years, was 1.6%. The worst since Hoover, the depression President.
That proves Biden is a great President. No it does not.

If Trump received those numbers, the Trump minion cult members would be saying this proves he is a great President. No it does not. Trump minion cult member say everything Trump did was good. Everything Trump did wrong was fake news or someone else's fault. A true braindead cult member.

I am not a Biden cult member. Does he deserve some credit for the good GDP growth, yes, but many variables, other than Biden, resulted in 5.97% GDP growth for 2021.
I, and most Americans, live in the real world. All Presidents do some good and some bad.
But not Donald Trump, according to the Trump minion cult members. Trump was perfect. He did nothing wrong. True cult members.

Economy grew 5.7% last year, its best showing since 1984, as activity revived amid pandemic

The economy expanded 5.7% in 2021, fastest in 37 years, as growth bounced back in Q4. Consumers partly got back to normal activities amid pandemic.

www.usatoday.com

GDP Growth Under Trump Was the Worst Since Hoover

The pandemic was partly to blame, and there are some measures that make his record look better. But it was not a stellar performance.

www.bloomberg.com

 

[Not a Monkeys Uncle]

 

[Rambunctious]

 

[okfine]

Let's Go Brandon!

 

[Not a Monkeys Uncle]

Trish Shreds Biden's Economic Policy "Get Ready For More Inflation!"​

Electricity up 6.5%. Fuel oil up 59%. Firewood up 35%. Eggs up 12%. And, steak up 24%. The cost of everything is going up, up and away. Trish Regan warns it's about to get a whole lot worse.

 

[Not a Monkeys Uncle]

For the Dems, some CNN

Why inflation is a political nightmare for Biden

Analysis: Why inflation is a political nightmare for Biden

Joe Biden's next political nightmare is inflation, a force that can destroy family budgets and political careers and is being driven by domestic and global factors tough for a president to quickly fix.

www.cnn.com

Joe Biden's next political nightmare is inflation, a force that can destroy family budgets and political careers and is being driven by domestic and global factors tough for a president to quickly fix.

Government data showing the cost of living rose 6.2% over the last 12 months -- the highest rate in 30 years -- set off White House alarm bells on Wednesday and offered a new opening for Republicans lambasting Biden over high energy prices.

 

[Rye Catcher]

View attachment 593601

This is off topic, no one cares about your cars license plate.

 

[Not a Monkeys Uncle]

Red-hot inflation hurting millions of Americans financially, poll says

Red-hot inflation hurting millions of Americans financially, poll says

The hottest inflation in nearly four decades is inflicting financial pain on millions of U.S. households as prices for everyday necessities like food and gasoline continue to surge, according to a new survey.

www.foxbusiness.com

The hottest inflation in nearly four decades is inflicting financial pain on millions of U.S. households as prices for everyday necessities like food and gasoline continue to surge, according to a new Gallup survey.

The price spike has caused some degree of financial hardship for about 49% of Americans, according to the poll of 811 people conducted between Jan. 3 and Jan. 16. Roughly 9% of respondents said that inflation is causing "severe" hardship that has made it difficult to maintain their standard of living, while 40% described it as "moderate" financial pain. That's an uptick from November, when 45% of Americans said inflation was hurting their wallets.

The effect is more pronounced among lower-income families: Two-thirds of those making less than $40,000 a year say they experienced hardship compared with 56% of middle-income families and 32% of those earning more than $100,000 a year. What's more, 20% of Americans who are considered lower-income said the hardship they are experiencing is severe and hindering their ability to maintain their current standard of living.

Inflation jumped at its fastest pace in nearly 40 years last month, a 7% increase from the year-ago period, the Labor Department said recently.

 

[Not a Monkeys Uncle]

Consumer Confidence Dragged Down As Bidenflation and Omicron Crush Hope​

Consumer Confidence Dragged Down As Bidenflation and Omicron Crush Hope

Rising prices and the ongoing pandemic dragged down consumer confidence as 2021 got going. | Economy

www.breitbart.com

The economic confidence of U.S. households declined in January following three months of improving consumer morale at the end of last year, survey results released Tuesday showed.

The Conference Board said its index of consumer confidence declined to 113.8 from 115.2 in December. That was slightly better than the 111.9 reading forecast by the Econoday poll.

 

[Not a Monkeys Uncle]

CNN: Stocks sink as the Fed points to a March rate hike

Stock market news today: Dow and S&P 500 updates

Here's the latest news on what stocks are doing.

www.cnn.com

 

[Rye Catcher]

Trish Shreds Biden's Economic Policy "Get Ready For More Inflation!"​

Electricity up 6.5%. Fuel oil up 59%. Firewood up 35%. Eggs up 12%. And, steak up 24%. The cost of everything is going up, up and away. Trish Regan warns it's about to get a whole lot worse.

Seems you are short on history, the last time inflation was this high was in 1982. Guess who was the President then?

 

[Not a Monkeys Uncle]

 

[okfine]

This is off topic, no one cares about your cars license plate.

He cherishes it.

 

[Not a Monkeys Uncle]

Courtesy of Doc7505 :

President Biden is blaming everyone else for surging inflation ​

President Biden is blaming everyone else for surging inflation

The bottom line is this: Don’t expect President Biden, his administration, or liberals in Congress to take any blame for the nation’s mounting economic woes.

thehill.com

11 Jan 2022 ~~ By James Carter & Jeffery Schmidt
Americans paid more for everything this Christmas, from toys to turkeys. But this “Bah, humbug” reality didn’t start with the Christmas season. Only 1.4 percent when Joe Biden took the presidential oath last January, year-over-year inflation has come in at 5 percent or more for 7 consecutive months. We know inflation is a growing problem because President Biden has repeatedly gone out of his way to shift the blame away from his administration.
Anyone who fills up at a gas pump, for example, knows what a big bite increasing gas prices are taking. President Biden blames higher energy prices on oil and gas producers. As reported in November: “In a letter to FTC chairman Lina Kahn, Biden claimed ‘there is mounting evidence of anti-consumer behavior by oil and gas companies.’”
Having pledged during the campaign to eliminate fossil fuels from our energy future, the president’s hostility to conventional energy was obvious on Inauguration Day. That was before he axed the Keystone XL pipeline and took no fewer than 24 other actions that raised energy prices. And yet, President Biden won’t fess up about the effect his policies have had on energy prices.
~snip~
As Jennifer Stefano wrote for The Hill on November 23: “None of their [Democrats] tax-and-spend proposals will solve the root causes of price increases and shortages — they will only make them go from bad to worse. If Congress wants to continue devaluing the dollar and making Americans poorer, lawmakers should simply stay the course and do what the White House and Sen. Bernie Sanders (I-Vt.) are calling for — spend trillions of dollars in an already overheated economy.”
The bottom line is this: Don’t expect President Biden, his administration, or liberals in Congress to take any blame for the nation’s mounting economic woes. Then again, perhaps Psaki is right, and “people’s psychology” is to blame. (No, not really.)



Commentary:
Real leaders lead. Others blame all others for their faults, mistakes and failures. Our 46th president has proven that he is not and never has been a leader.
Progressive Marxist/DSA Democrat Leftists never accept the responsibility of their failures rather, they always point fingers at their rivals.
When people pay $4.50 at the pump, milk and beef prices double, they look at who in in The White House.
Or, more exactly who is asleep in The White House at noon and never seen on weekends except in their mansion in Delaware or their beach House.
During the year of the 46th president's tenure, each move that he has been made has turned to a self-made disaster for America. From the Keystone Pipeline shutdown, distribution of the Covid vaccines and the testing, to Foreign Policy missteps and disasters in Afghanistan, Iran, China, and now Russia.
Then there's the rampant inflation, Supply chain failure that came to light in November, his latest vaccine mandates that Americans are refusing. and now the 50% reduction in new employment projections.
As the authors have written. Don't look to Biden to accept responsibility for any of his decision in the above projects or situations, each of which have have failed measurably for America and Americans who are his victims.

 

[Not a Monkeys Uncle]

 

[Not a Monkeys Uncle]

 

[Not a Monkeys Uncle]

 

[Not a Monkeys Uncle]

 

[Not a Monkeys Uncle]

 

[Not a Monkeys Uncle]

Poll: 72 Percent Say 2022 Economy Will Hurt or Plateau Family Finances​

Poll: 72 Percent Say 2022 Economy Will Hurt or Plateau Family Finances

Seventy-two percent of likely voters say their family finances will get worse or stay the same under President Biden's leadership in 2022.

www.breitbart.com

Seventy-two percent of likely voters say their family finances will get worse or stay the same under President Biden’s leadership in 2022, a Monday Trafalgar Group poll revealed.

While Americans experienced 40-year-high inflation and reduced wages in 2021, 41 percent say they expect their family’s finances to become worse in 2022.

Only 25 percent of likely voters say they will get better, and 33 percent estimate they will stay the same.