GDP 6.4% In First Quarter, Best Since Q3 2003, Disposable Income Up

[skews13]

Economic activity boomed to start 2021, as widespread vaccinations and more fuel from government spending helped get the U.S. closer to where it was before the Covid-19 pandemic struck, the Commerce Department reported Thursday.

Gross domestic product, the sum of all goods and services produced in the economy, jumped 6.4% for the first three months of the year on an annualized basis. Outside of the reopening-fueled third-quarter surge last year, it was the best period for GDP since the third quarter of 2003.

U.S. Economy Grew Robustly in First Quarter

Gross domestic product grew at a 6.4% annual rate in the first quarter as the government distributed trillions of dollars in Covid-19 stimulus and consumers stepped up spending.

www.wsj.com

 

[theHawk]

Thank God for President Trump and the vaccine, and red states opening up.

Still got a long way to go before we reach the levels achieved under President Trump.

 

[Rambunctious]

GDP 6.4% In First Quarter, Best Since Q3 2003, Disposable Income Up​

Thank you president Trump!!!!

 

[Rambunctious]

Operation warp speed worked...if the vaccine had not been available until after Joe stole the election the dems would have slowed the damn thing down at every turn....

 

[rightwinger]

GDP 6.4% In First Quarter, Best Since Q3 2003, Disposable Income Up​

Thank you president Trump!!!!

Trump never averaged 3 percent GDP in a calendar year
The Amazing Biden just hit 6.4 percent

 

[Toddsterpatriot]

GDP 6.4% In First Quarter, Best Since Q3 2003,​

Real Gross Domestic Product | FRED | St. Louis Fed

View the annual rate of economic output, or the inflation-adjusted value of all new goods and services produced by labor and property located in the U.S.

fred.stlouisfed.org

Ummmmm......6.4% isn't better than 33.4%

 

[Concerned American]

Economic activity boomed to start 2021, as widespread vaccinations and more fuel from government spending helped get the U.S. closer to where it was before the Covid-19 pandemic struck, the Commerce Department reported Thursday.

Gross domestic product, the sum of all goods and services produced in the economy, jumped 6.4% for the first three months of the year on an annualized basis. Outside of the reopening-fueled third-quarter surge last year, it was the best period for GDP since the third quarter of 2003.

U.S. Economy Grew Robustly in First Quarter

Gross domestic product grew at a 6.4% annual rate in the first quarter as the government distributed trillions of dollars in Covid-19 stimulus and consumers stepped up spending.

www.wsj.com

It should have been a hell of lot better than that considering the economy was shut down to near zero. Democrats are proud of themselves, LOL, you trash the economy and then try to break your arm patting yourself on the back when it comes back all by itself.

 

[skews13]

Economic activity boomed to start 2021, as widespread vaccinations and more fuel from government spending helped get the U.S. closer to where it was before the Covid-19 pandemic struck, the Commerce Department reported Thursday.

Gross domestic product, the sum of all goods and services produced in the economy, jumped 6.4% for the first three months of the year on an annualized basis. Outside of the reopening-fueled third-quarter surge last year, it was the best period for GDP since the third quarter of 2003.

U.S. Economy Grew Robustly in First Quarter

Gross domestic product grew at a 6.4% annual rate in the first quarter as the government distributed trillions of dollars in Covid-19 stimulus and consumers stepped up spending.

www.wsj.com

It should have been a hell of lot better than that considering the economy was shut down to near zero. Democrats are proud of themselves, LOL, you trash the economy and then try to break your arm patng yourself on the back when it comes back all by itself.

It was Obama/Biden that fixed a trashed economy.

How old are you boy?

Trump inherited a booming economy from Obama, just like Bush inherited the best economy in US history, and both of those Republican losers trashed it both times.

Fortunately Biden has experience in fixing Republican fuck ups, after just recently fixing one, so it has taken him no time at all to fix the trashed economy Trump left him.

But in Trumps case this wasn't a surprise. We're talking about a business failure that has blown $400 million inheritance, and gone bankrupt so many timers, no bank would lend him a dime, and he has to be financed by communist Chinese, Saudi terrorists, and Russian FSB backers.

Your hero, right son?

 

[Oddball]

Obama "fixed" the economy for Trump, and deserves the credit for the economy from '17-'20, but Trump deserves no credit whatsoever for the last quarter's numbers ....That's all Biden!

If you moonbats didn't have double standards, you'd have no standards at all.

 

[Rambunctious]

GDP 6.4% In First Quarter, Best Since Q3 2003, Disposable Income Up​

Thank you president Trump!!!!

Trump never averaged 3 percent GDP in a calendar year
The Amazing Biden just hit 6.4 percent

Well everyone was doing better under Trump than under the Magic Kenyan...

 

[rightwinger]

GDP 6.4% In First Quarter, Best Since Q3 2003, Disposable Income Up​

Thank you president Trump!!!!

Trump never averaged 3 percent GDP in a calendar year
The Amazing Biden just hit 6.4 percent

Well everyone was doing better under Trump than under the Magic Kenyan...

The Stock Market nearly tripled under the Great Obama
13 million more jobs

Fewer people working when Trump left office than when he took over

 

[rightwinger]

GDP 6.4% In First Quarter, Best Since Q3 2003,​

View attachment 486806

Real Gross Domestic Product | FRED | St. Louis Fed

View the annual rate of economic output, or the inflation-adjusted value of all new goods and services produced by labor and property located in the U.S.

fred.stlouisfed.org

Ummmmm......6.4% isn't better than 33.4%

6.4 is better than LOSING 33 percent GDP the quarter before

 

[Winston]

GDP 6.4% In First Quarter, Best Since Q3 2003,​

View attachment 486806

Real Gross Domestic Product | FRED | St. Louis Fed

View the annual rate of economic output, or the inflation-adjusted value of all new goods and services produced by labor and property located in the U.S.

fred.stlouisfed.org

Ummmmm......6.4% isn't better than 33.4%

How did Trump accomplish that type of growth? I mean I know, just interested in your take.

 

[Toddsterpatriot]

GDP 6.4% In First Quarter, Best Since Q3 2003,​

View attachment 486806

Real Gross Domestic Product | FRED | St. Louis Fed

View the annual rate of economic output, or the inflation-adjusted value of all new goods and services produced by labor and property located in the U.S.

fred.stlouisfed.org

Ummmmm......6.4% isn't better than 33.4%

6.4 is better than LOSING 33 percent GDP the quarter before

Yup, and a lot less than 33.4%.

 

[Toddsterpatriot]

GDP 6.4% In First Quarter, Best Since Q3 2003,​

View attachment 486806

Real Gross Domestic Product | FRED | St. Louis Fed

View the annual rate of economic output, or the inflation-adjusted value of all new goods and services produced by labor and property located in the U.S.

fred.stlouisfed.org

Ummmmm......6.4% isn't better than 33.4%

How did Trump accomplish that type of growth? I mean I know, just interested in your take.

The same way Biden is getting growth.

 

[StormAl]

Economic activity boomed to start 2021, as widespread vaccinations and more fuel from government spending helped get the U.S. closer to where it was before the Covid-19 pandemic struck, the Commerce Department reported Thursday.

Gross domestic product, the sum of all goods and services produced in the economy, jumped 6.4% for the first three months of the year on an annualized basis. Outside of the reopening-fueled third-quarter surge last year, it was the best period for GDP since the third quarter of 2003.

U.S. Economy Grew Robustly in First Quarter

Gross domestic product grew at a 6.4% annual rate in the first quarter as the government distributed trillions of dollars in Covid-19 stimulus and consumers stepped up spending.

www.wsj.com

Thanks, Biden.

 

[Winston]

GDP 6.4% In First Quarter, Best Since Q3 2003,​

View attachment 486806

Real Gross Domestic Product | FRED | St. Louis Fed

View the annual rate of economic output, or the inflation-adjusted value of all new goods and services produced by labor and property located in the U.S.

fred.stlouisfed.org

Ummmmm......6.4% isn't better than 33.4%

How did Trump accomplish that type of growth? I mean I know, just interested in your take.

The same way Biden is getting growth.

Well yes and no. Trump's growth came from the stimulus checks, but mostly came from the $600 a week unemployment stipend. In that massive growth quarter real income grew for Americans even in the face of massive unemployment. Biden's growth also comes from the stimulus checks and the $300 a week unemployment stipend. But there is another component of government spending fueling the growth. The Covid vaccines, which are being paid for, mostly by the government. But Biden also has increased growth from the gradual opening of the economy as restaurant capacity expands, movie theaters ramp up, and gyms and bowling alleys are picking up steam. Travel is also up.

 

[asaratis]

Democrats are proud of themselves, LOL, you trash the economy and then try to break your arm patting yourself on the back when it comes back all by itself.

Actually it's coming back despite the Democrats efforts to trash it. Companies have just begun planning to move jobs out of the USA, creating them elsewhere.

GDP is a measure of dollars spent for goods and services. Rising prices also add to the growth of the GDP.

Also, do not forget the B2G sales. Our government buys billions of dollars worth of goods and services from private industries and publicly held corporations. All such sales add to the GDP.

B2G sales: How startups can sell to government agencies

Trying to enter B2G, business to government sales? Learn how your startup or SMB can successfully sell to the government.

blog.close.com

 

[edthecynic]

Trump deserves no credit whatsoever for the last quarter's numbers ....That's all Biden!

You finally got something right!

 

[Rambunctious]

GDP 6.4% In First Quarter, Best Since Q3 2003, Disposable Income Up​

Thank you president Trump!!!!

Trump never averaged 3 percent GDP in a calendar year
The Amazing Biden just hit 6.4 percent

Well everyone was doing better under Trump than under the Magic Kenyan...

The Stock Market nearly tripled under the Great Obama
13 million more jobs

Fewer people working when Trump left office than when he took over

The market was slowly coming back from when Pelosi Reid and Schumer exposed the bad loans ordered by Janet Reno under Clinton....and when Trump left office we were undergoing democrat blue state unnecessary over the top covid shut downs....when you post something don't think we all were born yesterday...it makes you look silly....

If Obama did so great...why did the continuation of Obama via Hillary lose?....and don't say Russia....