More Incredible Biden Data this Morning !

GDP came in at a great +2.4%, crushing the expected 1.8% inc
But inflation plummeted again coming in at a low 2.6%, significantly below expectations

The economy keeps getting better and better every day/week/month.
It has become very obvious and apparent that Trump's best buddy Putin's war in Ukraine and subsequent surge in all commodities was the main cause of inflation and weakness last year.
Europe is in a recession right now, solely because of Putin's war.

Things are set to get even better next year as everything normalizes from the Ukraine war and Covid.
This looks to be the beginning of another Bill Clinton style Golden Age of Prosperity.
The economy could boom at 3+% growth next year, giving us 4 more years of brilliant Biden policy.

When will interest rates go down to Trump era rates?
 
the MoM increases have steadily plummeted, they are going to level off a 0.2-0.3%, which will be ok for the FED. It will also leave room for some rate cuts in the future.
Trump needed QE in 2019... because his economy was weak.
Biden has a good economy and will not need fake money, like trump needed.
Inflation isn't going to steady itself with Biden's spending.
 
So says the ignorant one who trolls when he doesn't have anything worth posting
on the subject. Well, done, well done.

The feds have raised the rates that are the highest in 55 years, and still may not be done for this year.
... all of which shows your ignorance of economics. But I will leave that with you.
 
Inflation isn't going to steady itself with Biden's spending.
Trump spent substantially more than Biden, and had higher deficits, and ramped the deficit up massively every year of his presidency, and he begged the FED for even more fake money printing.
Biden has lowered the deficit significantly compared to what he inherited from Trump.

Please explain to me right now how commodities surging 80-100% in 2 weeks following Putin's ukraine war did not cause massive inflation??
 
Trump spent substantially more than Biden, and had higher deficits, and ramped the deficit up massively every year of his presidency, and he begged the FED for even more fake money printing.
Biden has lowered the deficit significantly compared to what he inherited from Trump.

Please explain to me right now how commodities surging 80-100% in 2 weeks following Putin's ukraine war did not cause massive inflation??
So you're blaming democrat pandemic spending on Trump? People needing assistance during the democrat shutdown is what you opposed.. no wait you would have bitch about trump if he would have vetoed the spending bill. So fuck off simp.
 

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