Facts about the Biden economy

[ElmerMudd]

It just goes to show you the illegitimacy of "Politifact" to say his claim of creating 800,000 is "Mostly True" - and then go on to say how that is not true. In the past 3 years only 175k NEW manufacturing jobs have been created which is pretty bad for a 3 year period.
It is just hilarious they would rate it true - then follow that up with how it is not only not true, but completely false.

document

 

[ElmerMudd]

That's not what I see. Biden let in over 10 million illegals, and we only got <200k more manufacturing jobs, less than half of what Trump achieved.

View attachment 894049

[Source]

document. The graph you shows says different.

 

[iamwhatiseem]

 

[citygator]

Right Wingers twisting themselves into pretzels trying not to see the economic boom we are experiencing. It’s hilarious.

 

[citygator]

People are poorer.
Money is worth less because of Biden money printing and everything costs more to produce because Biden drove up energy costs.
That’s about it.

What would you like to do for poor people in the US? I admire your concern. My bet is you dont want to do a damned thing.

 

[citygator]

Skills or no skills, EVERYONE is paying higher prices under Biden.

Wages are up more than prices since Biden took over. If you are not one of those people… you are an outlier. Why are you an outlier? Is it lack of skills or effort?

 

[citygator]

Not a single one of these stammering sub-cretins can 'splain away the $600+ billion tax shortfall....In fact, they all run from it, because they know that they've been caught talking out their asses.

There is no $600B shortfall. What are you smoking?

 

[citygator]

If tax receipts are low, it's because some idiots passed tax breakers for the wealthy in 2017.

Tax receipts are not low.

 

[citygator]

Hey Lesh, it was $2.36 when Tater took office. Today it is $3.08.

Up over 30% still.

YEA TATER!

AAA Gas Prices

Bwahaahahaha. That dumb as shit comparison only gets your jollies moving. Everyone knows Trump had America locked up and not working which does lower gas prices. I saw we lock up you idiots so you dont use gas and we can watch the low prices again.

 

[iamwhatiseem]

Wages are up more than prices since Biden took over. If you are not one of those people… you are an outlier. Why are you an outlier? Is it lack of skills or effort?

Well now you are just lying.
Inflation and wages beginning in January 2021 were 2% differential.
In November 2023 - they were at 1.8% differential. Meaning the increase in wages has only increased .02% more than inflation.
But then you have to consider all the time during his admin where inflation was higher than wages.
And that period was from April 2021 - all the fucking way to January 2023.
20 months.
The period of time wages has been higher is only 10 months. ANND the percentage that inflation was higher than wages was 2.5%... not .02%.

That is the problem when you rely on talking heads in the media to show you little graphs you don't know how to read - so you just take their spin as truth.

 

[Oddball]

There is no $600B shortfall. What are you smoking?

These numbers were just through April.....The year's shortfall was in fact over $600 billion.

The economy sucks, no matter how much polish you keep heaping on that turd.

Why US Tax Revenues Have Been Smaller Than Expected

As the Treasury Department warned last week, the drop-dead date for raising the debt limit could arrive as soon

www.thefiscaltimes.com

Why the Debt Ceiling Deadline is Closer Than Previously Expected — Penn Wharton Budget Model

The deadline to raise the nation’s debt ceiling is closer than previously thought because tax receipts in April fell below projections. PWBM estimates that receipts are running $150 billion below government projections for fiscal year 2023, most likely due to a decline in capital gains income and we

budgetmodel.wharton.upenn.edu

 

[Oddball]

View attachment 894169

LOOK!.....OVER THERE!....TRUMP KICKED A CAT!

 

[iamwhatiseem]

LOOK!.....OVER THERE!....TRUMP KICKED A CAT!

And now he has to pay the cat $83 million!!

 

[Nostra]

Wages are up more than prices since Biden took over.

Hey citygator why do you keep posting this lie? Just so I can hand you your ass every time?

MSN

 

[Nostra]

Bwahaahahaha. That dumb as shit comparison only gets your jollies moving. Everyone knows Trump had America locked up and not working which does lower gas prices. I saw we lock up you idiots so you dont use gas and we can watch the low prices again.

Facts always get you butthurt, Simp.

America wasn't locked up when Trump left office, liar.

 

[MarathonMike]

Things are fine for you and me. But do you not see that poor people are struggling more than ever? More panhandlers and homeless?

citygator thinks the increase in panhandlers and homeless people is funny. There is your Democrat "compassion".

 

[Independentthinker]

Facts about the Biden economy .
Increase of 800,000 manufacturing jobs under Biden, increase of 450,000 manufacturing jobs under Trump before COVID
Economy grew 3.4% first 3 years under Biden, Economy grew 2.6% first 3 years under Trump
Unemployment 3.5%, under Biden, equaling lowest rate in decades.
Stock market at a record high under Biden.

How does Biden’s manufacturing job comeback compare?

President Joe Biden took a recent victory lap on social media, touting the number of manufacturing jobs created on his w

www.politifact.com

Data Don’t Lie: Biden’s Economic Record is Much Better than Trump’s | Washington Monthly

Donald Trump’s prospects for a second presidential term may well rest on whether voters accept his proposition that facts no longer matter. A case in point is his narrative that the economy was stronger during his presidency than under President Joe Biden. With few reality checks from the...

washingtonmonthly.com

Stock Market News From Jan. 25, 2024: S&P 500 Hits Fifth Straight Record High; Dow Rises After GDP Data; Humana, Tesla, Boeing, IBM, and More Movers; Bitcoin Price

The Dow Jones Industrial Average and Nasdaq Composite finished in the green. Treasury yields were down ahead of the inflation report.

www.barrons.com

Fact-check: Did Trump overstate manufacturing job gains during debate?

Donald Trump: In manufacturing, "I brought back 700,000 jobs. (Obama and Biden) brought back nothing."...

www.statesman.com

Fact is, Americans realize that their economic lives suck.

 

[otto105]

Tax receipts are not low.

They sunset this year or next.

 

[ElmerMudd]

Fact is, Americans realize that their economic lives suck.

Many do and many don't.
Whoever is President, the 21st century economy is more difficult to get good jobs. You have to work harder to get those jobs. Those who are willing to work harder are being successful. Those who are doing the same things they have been doing their whole life are not successful.

 

[Independentthinker]

Whoever is President, the 21st century economy is more difficult to get good jobs.

That's due to leftist policies.