Is the Economy Doing Well?

[Toddsterpatriot]

Trump borrowed twice as much

Fact

Liar.

 

[M14 Shooter]

Liar.

All she does is lie.

 

[ding]

Yes it is

It would seem that the majority of voters disagreed as the economy/inflation was the number one concern cited in exit poles.

 

[Toddsterpatriot]

Yes it is. Joe is handing off another STRONG economy to Trump (who will claim he did it)

An amazing accomplishment considering the smoking hole in the ground Biden was handed

Seven reasons why today’s economy is historically strong

Economic performance looms large in every presidential election year. In 2024, people’s perception of their own economic situation is high, yet their estimation of the economy’s performance more generally has been noticeably negative. It is often taken as given in economic commentary that the...

www.epi.org

An amazing accomplishment considering the smoking hole in the ground Biden was handed

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

Yeah, 35.2% real gdp growth in the third quarter of 2020, just awful!
4.4% in the 4th quarter was also bad, right? Poor Joe, he had to add another
$8 trillion plus to the debt, so we'd finally recover.

 

[Lesh]

An amazing accomplishment considering the smoking hole in the ground Biden was handed

View attachment 1044371

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

Yeah, 35.2% real gdp growth in the third quarter of 2020, just awful!
4.4% in the 4th quarter was also bad, right? Poor Joe, he had to add another
$8 trillion plus to the debt, so we'd finally recover.

2020?
Covid?

That’s what you want?

 

[mamooth]

We see the same thing, over and over.

A Republican leaves the economy a smoking ruin (Bush I, Bush II, Trump), after raising deficits to new record heights.

A Democrat (Clinton, Obama, Biden) then cleans up most of the mess, creating a strong economy and vastly reduces deficits.

Republicans then run on the Democrat not cleaning up the Republican mess fast enough and completely enough, and win (with a whole lot of help from our nutty conservative MSM).

Every Republican president tanks the economy and makes deficits skyrocket. It's what they do. It's all they do. Nothing fails as consistently as conservative economic policies. And boy howdy, do the Trump cult cowards here really not want to discuss that. Just look at them all whimper and deflect.

Trump plans to implement those same policies ... on steroids. So, high inflation, a major recession and record-setting deficits are guaranteed. It's just a matter of how long it takes Trump to run Biden's red-hot economy into the ground. He did it before, he'll do it again.

The recession will hurt Trump cultists the most, resulting in them howling for even more gubmint handouts. It's important for liberals to not allow that. Trump cultists voted for this, despite the normal people warning them. Trump cultists act as badly as they do because they never have to face the consequences for their actions, so make them face the consequences. Let them go bankrupt without a safety net. Grandpa can just eat dog food as he watches FOX.

 

[Toddsterpatriot]

2020?
Covid?

That’s what you want?

The massive growth before Biden took office was the opposite of smoking ruin.

 

[Lesh]

The massive growth before Biden took office was the opposite of smoking ruin.

Massive your ass. It was decent… and on track with what Obama handed off.

Then Covid hit and you give Trump a pass and not Biden.

And look. We’re basically over Covid

 

[ThisIsMe]

Gas is already down. What can Trump do to bring it down further?

Inflation is already down. Over time the high cost from two years ago will be forgotten as food prices climb at a slower pace.

Is that a Trump win? If it is , it’s a mirage

What does the President have to do with insurance or auto prices?

Are you suggesting socialism?

There are things he can do to help ease the fuel prices. Remember, when he was president before, prices were below $2 in some areas.

Actually, you are correct, the only thing that trump can do is get government out of industry, eliminate regulations, and let the markets work on their own. Make auto makers compete with each other again rather than operate under the assumption that if they screw up, the taxpayers will just bail them out again.

So, in that, you are right. He can't and shouldn't do anything but get government out of places it doesn't need to be

 

[Toddsterpatriot]

A Republican leaves the economy a smoking ruin (Bush I, Bush II, Trump), after raising deficits to new record heights.

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

Real GDP grew 4.2% in Q4 1992. That doesn't sound like Bush I left a smoking ruin.
Real GDP grew 4.0% in Q3 1992. That doesn't sound like Bush I left a smoking ruin.
Real GDP grew 4.4% in Q2 1992. That doesn't sound like Bush I left a smoking ruin.
Real GDP grew 4.9% in Q1 1992. That doesn't sound like Bush I left a smoking ruin.
Real GDP grew 1.4% in Q4 1991. That doesn't sound like Bush I left a smoking ruin.
Real GDP grew 2.0% in Q3 1991. That doesn't sound like Bush I left a smoking ruin.
Real GDP grew 3.2% in Q2 1991. That doesn't sound like Bush I left a smoking ruin.
Real GDP shrank 1.9% in Q1 1991.
Real GDP shrank 3.6% in Q4 1990.



Was that what you meant by smoking ruin?
4 straight quarters of better than 4% real GDP growth?
Or was it the 7 quarters of recovery before Clinton's inauguration?

 

[Toddsterpatriot]

Massive your ass. It was decent… and on track with what Obama handed off.

More massive than even your stupid, fat ass.

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

35.2% in Q3 2020.

That's not Obama's weak ass recovery.

 

[Lesh]

There are things he can do to help ease the fuel prices. Remember, when he was president before, prices were below $2 in some areas.

Actually, you are correct, the only thing that trump can do is get government out of industry, eliminate regulations, and let the markets work on their own. Make auto makers compete with each other again rather than operate under the assumption that if they screw up, the taxpayers will just bail them out again.

So, in that, you are right. He can't and shouldn't do anything but get government out of places it doesn't need to be

$2/gal?

You want Covid back??

 

[mamooth]

Was that what you meant by smoking ruin?

And, back in reality ...

‘It’s the economy, stupid,’ and the bad luck of George H.W. Bush

The 41st president didn't "feel your pain," but the economy cruised fairly well during his term — and anticipated today's controversies.

www.seattletimes.com

---
Bush had the misfortune to face a short but painful recession later in his term. Unemployment peaked at 7.8 percent in June 1992. That was mild compared with the 10.8 percent joblessness in 1982 during the “Reagan recession,” but it was enough to wound a president who lacked his main opponent’s “I feel your pain” public empathy.
---

 

[mamooth]

That's not Obama's weak ass recovery.

This one is working so hard to revise history. Now, he's even denying the nation was in a deep recession at the end of W's term.

Great Recession - Wikipedia

en.wikipedia.org

 

[Toddsterpatriot]

And, back in reality ...

‘It’s the economy, stupid,’ and the bad luck of George H.W. Bush

The 41st president didn't "feel your pain," but the economy cruised fairly well during his term — and anticipated today's controversies.

www.seattletimes.com

---
Bush had the misfortune to face a short but painful recession later in his term. Unemployment peaked at 7.8 percent in June 1992. That was mild compared with the 10.8 percent joblessness in 1982 during the “Reagan recession,” but it was enough to wound a president who lacked his main opponent’s “I feel your pain” public empathy.
---

It's true, 7 straight quarters of decent recovery can't be called a smoking ruin, even in reality.

 

[Toddsterpatriot]

This one is working so hard to revise history. Now, he's even denying the nation was in a deep recession at the end of W's term.

Great Recession - Wikipedia

en.wikipedia.org

Now, he's even denying the nation was in a deep recession at the end of W's term.

When did I deny that? Link?

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

 

[ThisIsMe]

$2/gal?

You want Covid back??

It was $2 before covid. Covid caused gas prices to rise

 

[Lesh]

It was $2 before covid. Covid caused gas prices to rise

Bullshit

 

[ThisIsMe]

Bullshit

You're right about the prices, i went and looked back at fuel prices from before the pandemic, and they never dipped below $2, but they were mid to low $2's. However, covid did cause gas to rise, after a period of cooling due to less demand, prices rose sharply as recovery started and refinery output was low and demand was rising

 

[LeftofLeft]

BS. It is doing better because of things Biden has done. And I don't now whereyou hear talk from because what I read is that the increased productvity behind this economy reduces the likliehood of infation.

What exactly has Biden done?