Don’t let the rightwing fool you: the economy is doing well under Biden

[Faun]

Gross domestic product is synthetically inflated by the inflation of the currency which has lost 30% of its buying power in the last 12 months.

^^^ another geniass who doesn't know inflation is already factored into real GDP.

 

[justoffal]

That's still down from the 45% Trump handed Biden.

Lololol..... The 45% that covid-19 handed Biden you mean? Come on now you can't be that desperate. Absolutely nobody is going to pay attention to that boloney.

 

[sealybobo]

Simple, as you know and it causes your head to explode because it would not have happened under a Trump administration.

What would he have done? And why won't Biden do it?

 

[j-mac]

Bullshit. You know his stimulus pumped money into the economy at just the right time. Consumer confidence was great in the 4th quarter last year. Fantastic. Even while you bitched, you went shopping. MAGA.

Cons so badly want to cry about the debt but they know they can't because it just exposes them as the hypocrites they are.

Oh, you mean the stimulus Trump wanted in the 4th quarter of 2020, that the dems kept from happening until they could cheat their guy in?

 

[sealybobo]

Lololol..... The 45% that covid-19 handed Biden you mean? Come on now you can't be that desperate.

No, Trump handed Biden Covid. He literally tried to but at the debate Biden wore a mask and stayed at least 6 feet away.

 

[sealybobo]

Oh, you mean the stimulus Trump wanted in the 4th quarter of 2020, that the dems kept from happening until they could cheat their guy in?

Sort of like the Supreme Court nominee thing you guys did last time to Obama? LOL Don't hate the players hate the game.

 

[otto105]

The only bullshit here is the post above these words.

Unemployment at 4% is a complete and total lie.
It's closer to 20%.

Stock market numbers have absolutely nothing to do with the typical main Street paychecks. In fact they're probably inversely proportional.

Gross domestic product is synthetically inflated by the inflation of the currency which has lost 30% of its buying power in the last 12 months.

Please do not make any more financial posts the next one may actually injure your brain which apparently is already beyond recuperation.

Unemployment is currently 3.9%

2021 GDP growth was 5.8%

Real wages grew 5.9% in 2021

 

[BasicHumanUnit]

The economy isn’t perfect, so naturally republicans cherry pick the negative and pretend the positive isn’t occurring.

No one is going to pretend inflation isn’t important, but if you pretend it’s the only thing that matters, you sound dumb.

1)The Dow has increased 16.8% under Biden
The S&P has seen more records under Biden than Trump. 63.

2) The number of people working under Biden has grown by 5.8 million. Trump’s record on this same stretch of time was pitiful.

3) Wages have increased by 3.1% even though this increase has been slower than inflation. $31 per hour average

4) The unemployment rate has fallen to 4.6%

5) Checking accounts are 50% fatter than they were pre-pandemic. The bottom 50% of earners have 3 trillion more in wealth.

Household Finances Pulse: Cash Balances during COVID-19

www.jpmorganchase.com

https://www.washingtonpost.com/politics/2021/11/09/biden-economy-is-doing-pretty-well-by-measures-trump-used-evaluate-his-own/

Are you really this stupid....or just George Soros toilet paper ?

 

[Faun]

Yeah, it just jumped by magic.

Just like inflation.

This is typical conservatism -- deny reality.

Clinton didn't help the economy, that was Reagan's economy.

Obama didn't help the economy, it had nowhere else to go.

Biden isn't helping our economy, it's going up despite him.

Meanwhile, the 3 worst economies we had in recent times were all under Republican presidents; from best to worst

• Bush Sr.
• Bush Jr.
• Trump

 

[j-mac]

Yeah, it just jumped by magic.

Just like inflation.

Nope, the economy is growing despite Joe, because our businesses are opening, thanks to Trump, and despite Joe trying to kill them…

Inflation OTOH, is totally Biden, as a result of dems acting like children spending their inheritance…

 

[BasicHumanUnit]

No, Trump handed Biden Covid. He literally tried to but at the debate Biden wore a mask and stayed at least 6 feet away.

Annnnnnnnnnnnd. The Cult of Kill Trump raises it's head from the cesspool yet again

Shouldn't you be out in your pajamas protesting Sinema or Manchin somewhere?

 

[j-mac]

Unemployment is currently 3.9%

2021 GDP growth was 5.8%

Real wages grew 5.9% in 2021

And inflation is at 7% wiping any wage increase….

 

[BasicHumanUnit]

This is typical conservatism -- deny reality.

Clinton didn't help the economy, that was Reagan's economy.

Obama didn't help the economy, it had nowhere else to go.

Biden isn't helping our economy, it's going up despite him.

Meanwhile, the 3 worst economies we had in recent times were all under Republican presidents; from best to worst

• Bush Sr.
• Bush Jr.
• Trump

Another Trump Cult member

 

[Faun]

The OP is a Liar
The first post in this thread is a lie
The title is a lie

View attachment 593819

LOL

To the brain-dead cult, 6.9% GDP and 3.9% unemployment is a disaster.

The truth is -- it's a disaster for conservatism.

 

[BluesLegend]

Oh, you mean the stimulus Trump wanted in the 4th quarter of 2020, that the dems kept from happening until they could cheat their guy in?

Dems are pure scum, there's no reason NOT to hate them.

 

[j-mac]

LOL

To the brain-dead cult, 6.9% GDP and 3.9% unemployment is a disaster.

The truth is -- it's a disaster for conservatism.

Why do you hate the poor…?

 

[Faun]

No dummy, compared to precovid. Then there's Biden/Dem's policies have poured cold water on the economy. By all means you laying rat bastards on the left please tell us specifically what Biden/Dem's policies have done FOR the economy...got nothing? Yeah we know. There I bitch slapped you punk!

LOL

By pouring cold water on the economy, you mean...

GDP?
Trump: 1.0%
Biden: 5.7%

Employment?
Trump: -3 million
Biden: +6 million

Unemployment?
Trump: +36%
Biden: -39%

 

[BluesLegend]

LOL

By pouring cold water on the economy, you mean...

GDP?
Trump: 1.0%
Biden: 5.7%

Employment?
Trump: -3 million
Biden: +6 million

Unemployment?
Trump: +36%
Biden: -39%

^^^ look the left is lying again, shocker. We are still waiting left wing punks, SPECIFIC Biden/Dem policies post them or admit you are lying dishonest grubs.

 

[Faun]

Lololol..... The 45% that covid-19 handed Biden you mean? Come on now you can't be that desperate. Absolutely nobody is going to pay attention to that boloney.

Covid wasn't president, Trump was.

 

[j-mac]

^^^ look the left is lying again, shocker. We are still waiting left wing punks, SPECIFIC Biden/Dem policies post them or admit you are lying dishonest grubs.

I wouldn’t hold my breath…Especially with a member like Faun…