Do you believe that:
- GPD rose 2.6% 3rd Qtr 2022
- Inflation is 8.2%
- The Dow is worth 32,000
The basket of good for CPI needs to be moved to the blockchain, so does the GDP computation.
SMH
You can believe it or not, it is the truth. But then again, you Trump idiots have a hard time dealing with reality. But now I am going to make it worse for you. That GDP rise, it comes from one place, increased exports. And you know what, imports were down to go along with that increase in exports.
Economists noted that the third-quarter gain in GDP could be traced entirely to the surge in exports, which added 2.7 percentage points to the economy's expansion.
The growth snaps two straight quarters of economic contraction, overcoming punishingly high inflation and interest rates.
www.wmur.com
So, remember the fat orange man with the tiny hands. Oh yeah, he was going to show China. He was going to Make America Great Again. He stirred up a trade war and got our asses handed to us. The trade deficit got worse, and he all but dropped money from helicopters to farmers to make up for the hit they took. And lookey here, Biden done did what Trump couldn't do. Significantly increased exports, even reduced imports, and he did that with the dollar being stronger than ever. I mean wow, just wow.
But it gets better. That same fat orange man with the tiny hands claimed he was going to bring back manufacturing jobs to America. Did he? Uh no, damn New York city slicker is all hat and no cattle. But Biden,
In 2022, the report projects that about 350,000 American jobs are expected to be reshored to the U.S. labor market — another record after 2021 set a record when 260,000 American jobs were brought home.
The number of manufacturing jobs that have been reshored to the United States is at a "record high," a new research report details.
www.breitbart.com
Damn, two record years in a row. Over half a million manufacturing jobs bought back. Did you know that? I mean where is the left leaning press? Because let's be honest, had Trump had anything close to those type of numbers he would be sending out letters on White House stationary taking credit. And FOX news would have the numbers on a constant crawl at the bottom of the screen.
In two years that is half a million people that were working at McDonald's or hustling for Uber and Doordash. Struggling to make even fifteen dollars and hour with no benefits. Now, they are making over $25 an hour, employer provided health insurance and a 401K with a match. Yeah, I know, some of them will vote for Trump if he runs, but damn near half of them will realize, "Hey, Biden did me a solid, fawk that orange turd of a conman".
And yeah, the Dow is up. Funny, the stock market was a big deal when Trump was president. Oh hell yeah, it was a reflection of the economy. Never have been a fan of that, still not. But the reality is companies are MAKING FLIPPIN MONEY, like hand over fist. And that is the funny thing, Republicans play up the stock market when they are in office, but they can't touch what Democrats do. I mean here is an investment strategy that you can retire on. Cash out the moment a Republican takes office, and go all in the moment a Democrat does. And if it is a split government, then borrow some money to throw in there too.
I need to thunk about that one!
