Joe’s economy still healthy: GDP expands +2.9%

[otto105]

Potatohead was out today blaming other people for his failures and to try to take the heat of his massive security violations.

Typical Democrat dishonesty. We see it all the time.

Massive?

Define massive for all of us.

Also, post what they found for context.

 

[citygator]

The GDP number is an extremely misleading number to people who don't understand how it is calculated and what it means. Our economy is currently in the toilet right now. We are actually in an economic depression atm and have been in one since the covid lockdowns.

You're happy, and are mislead to believe that the economy is going GRAND, because the GDP number is 2.9%. Let me explain why that number isn't actually what you think it is with an example, but first remember that GDP is based on dollars, not widgets produced.

BEFORE: 1,000 widgets @ $1.00/widget = $1,000.00 value of economy
AFTER: 686 widgets @ $1.50/widget = $1,029.00 value of economy

Your (uninformed) reaction: YAYYYYY!!! THE ECONOMY IS GRAND!!!!! +2.9% GDP!!!!!

My (informed) reaction: Wow, the economy sure suuuuuuucks right now... the price of widgets has increased by 50% and the production of widgets is down 31.4%.

That's what's going on right now, dude, and that's NOT a good thing. The dollar is being inflated by the federal government "printing money" without any corresponding increase in wealth, and prices are increasing due to the World Economic Forum's "green energy" agenda (aka the war against feasible fuels) which is based on their wacky fundamentalist-style religion of Climate Change. This is causing energy/gas prices to skyrocket, which is causing the prices of everything else to skyrocket.

The "America Last" agenda of Joe Biden's handlers (Marxism) SUCKS BALLS and is only causing poverty and death... The "America First" agenda of Donald Trump (MAGA) is what we need to return back to, as it resulted in an increased QOL for everyone... DONALD TRUMP FOR PRESIDENT!!!!

Edit: Follow up questions ---> If the economy is soooo great right now, then why are big tech companies currently laying off employees to the tune of tens of thousands of them? Amazon just laid off 18,000 employees, for example...

If the economy is soooooooo great right now, then why were retailers laying off employees during the holidays when they are usually ramping up for increased demand by hiring a bunch of additional help?

In the real world, outside of a manipulative GDP number, people are paying more to get less groceries, paying more to heat their homes at a lower thermostat setting, paying more to drive their vehicle less miles, etc etc...

=> That's a great economy if you are selling widgets and buying thingamajigs. You now have more profit to buy thingamajigs with.

=> Big tech company layoffs are part of the 3.5%. Cherrypicking a few industries that are contracting because they expanded too quickly in covid doesnt mean anything about the economy. The unemployment number of 3.5% does.

=> Retail layoffs layoffs are part of the 3.5%. The unemployment number is still 3.5% .

 

[citygator]

CG is evil and selfish.

Says the guy celebrating the assault of an old guy with a hammer.

 

[Indeependent]

Says the guy celebrating the assault of an old guy with a hammer.

Says the guy who’s trying to convince himself that low income people are doing great in the current economy.

 

[citygator]

Says the guy who’s trying to convince himself that low income people are doing great in the current economy.

Low income people never do well in the economy. They never have. The GOP tax cuts certainly didnt trickle down and make them prosperous. What an idiot you are. The democrats have a whole platform of ideas to aid the low income Americans that the GOP wont agree to.

 

[Indeependent]

Low income people never do well in the economy. They never have. The GOP tax cuts certainly didnt trickle down and make them prosperous. What an idiot you are. The democrats have a whole platform of ideas to aid the low income Americans that the GOP wont agree to.

Everything you post is a lie.
You are not an idiot, you are a narcissistic lying piece of selfish shit.

 

[otto105]

Everything you post is a lie.
You are not an idiot, you are a narcissistic lying piece of selfish shit.

Poor humper babyboi.

 

[Indeependent]

Low income people never do well in the economy. They never have. The GOP tax cuts certainly didnt trickle down and make them prosperous. What an idiot you are. The democrats have a whole platform of ideas to aid the low income Americans that the GOP wont agree to.

Nothing like inviting in millions of trespassers to help low income Americans.
You’re a scumbag.

 

[citygator]

Nothing like inviting in millions of trespassers to help low income Americans.
You’re a scumbag.

The GOP has done what for the low income levels besides call them free loaders and dispise their existence?

 

[Indeependent]

The GOP has done what for the low income levels besides call them free loaders and dispise their existence?

Neither party has done anything but Trump did by greatly reducing illegal cheap labor.