The US Economy Is Beating The World But You Wouldn’t Know It From The Media

[skews13]

The U.S. economy is expanding at a 7% rate over the last three months, up by 5% from the beginning of the year. That number isn’t just three times the expected growth rate in Europe, it almost doubles the rate of growth in China.


Rolling into the holiday season, America is enjoyingrecord low levels of unemployment and levels of economic growth that exceed the wildest unfulfilled promises of Donald Trump. But at the same time, CNN reports that President Biden’s approval levels for handling the economy are at record lows. The best economy in 50 years enjoys just a 44% approval rating.

Because a disaster-addicted media will find disaster, even if it has to create it.

Daily Kos

Daily Kos is a progressive news site that fights for democracy by giving our audience information and resources to win elections and impact government. Our coverage is assiduously factual, ethical, and unapologetically liberal. We amplify what we think is important, with the proper context—not...

m.dailykos.com

Best economy in 50 years, and in the winter during a pandemic. What will it be like next year?

 

[pknopp]

How many of those places are $30 trillion in debt?

 

[22lcidw]

The U.S. economy is expanding at a 7% rate over the last three months, up by 5% from the beginning of the year. That number isn’t just three times the expected growth rate in Europe, it almost doubles the rate of growth in China.


Rolling into the holiday season, America is enjoyingrecord low levels of unemployment and levels of economic growth that exceed the wildest unfulfilled promises of Donald Trump. But at the same time, CNN reports that President Biden’s approval levels for handling the economy are at record lows. The best economy in 50 years enjoys just a 44% approval rating.

Because a disaster-addicted media will find disaster, even if it has to create it.

Daily Kos

Daily Kos is a progressive news site that fights for democracy by giving our audience information and resources to win elections and impact government. Our coverage is assiduously factual, ethical, and unapologetically liberal. We amplify what we think is important, with the proper context—not...

m.dailykos.com

Best economy in 50 years, and in the winter during a pandemic. What will it be like next year?

There are reasons people leave moribound areas. Lower tax areas are a magnet to them. They even drive a couple hours to work and back for it. Which is not really good for quality of life but really depending on their pensions and benefits being there for their retirements. Which may not be a real good bet for the future. I look at you and I see a flag that has a hammer and sickel on it. I can not even fathom ever defending that.

 

[Otis Mayfield]

How many of those places are $30 trillion in debt?

How many of those places can afford $30 trillion in debt?

 

[pknopp]

How many of those places can afford $30 trillion in debt?

We can't.

 

[Mac1958]

The national media could sure as hell be doing a better job of explaining the driving forces behind this inflation (exploding demand and damaged supply), but they may think that it's too complicated to fit into short news stories. Obviously the MAGA media is going to just simplistically blame Biden to support its political agenda.

I have seen stories on this unexpected phenomenon of people just not going back to work even when their benefits stop, and we should be examining that more carefully. That's a fascinating societal/cultural issue.

But outside of that, the numbers look damn good, and the rest of the world hopes it can catch up. The media sure could point that out.

 

[Otis Mayfield]

The national media could sure as hell be doing a better job of explaining the driving forces behind this inflation (exploding demand and damaged supply), but they may think that it's too complicated to fit into short news stories. Obviously the MAGA media is going to just simplistically blame Biden to support its political agenda.

I have seen stories on this unexpected phenomenon of people just not going back to work even when their benefits stop, and we should be examining that more carefully. That's a fascinating societal/cultural issue.

But outside of that, the numbers look damn good, and the rest of the world hopes it can catch up. The media sure could point that out.

1. Wages are going up. Employees are asking for more money and getting it.

2. Employers have to raise prices to pay for the higher wages.

It's not that complicated.

 

[pknopp]

1. Wages are going up. Employees are asking for more money and getting it.

2. Employers have to raise prices to pay for the higher wages.

It's not that complicated.

People are asking for more money because prices went up. Well before this current situation we discussed rising prices, cars, houses, food, etc.

It's been discussed for years how inflation is going to be bad.

 

[Harpy Eagle]

How many of those places are $30 trillion in debt?

 

[pknopp]

GDP includes the billions and billions we print. That causes all the problems we are seeing today.

 

[Baron Von Murderpaws]

How many of those places are $30 trillion in debt?

Which most of it is OWED to those other countries, especially the Dems Red Overlords!!!!

 

[Harpy Eagle]

How many of those places can afford $30 trillion in debt?

not us

 

[rightwinger]

The U.S. economy is expanding at a 7% rate over the last three months, up by 5% from the beginning of the year. That number isn’t just three times the expected growth rate in Europe, it almost doubles the rate of growth in China.

GREAT job by our President!

LETS GO BRANDON!

 

[skews13]

We can't.

You should have thought about that in 1981.

 

[pknopp]

You should have thought about that in 1981.

Me? I was 20 and not really thinking this stuff. I have been saying it since all of this really started exploding late in Reagans administration.

 

[Otis Mayfield]

not us

You're crazy.

We have mountain ranges of money.

US GDP $19.5 trillion

China $12 trillion

Japan $5 trillion

Those are the top 3 countries.

 

[Independent thinker]

The U.S. economy is expanding at a 7% rate over the last three months, up by 5% from the beginning of the year. That number isn’t just three times the expected growth rate in Europe, it almost doubles the rate of growth in China.


Rolling into the holiday season, America is enjoyingrecord low levels of unemployment and levels of economic growth that exceed the wildest unfulfilled promises of Donald Trump. But at the same time, CNN reports that President Biden’s approval levels for handling the economy are at record lows. The best economy in 50 years enjoys just a 44% approval rating.

Because a disaster-addicted media will find disaster, even if it has to create it.

Daily Kos

Daily Kos is a progressive news site that fights for democracy by giving our audience information and resources to win elections and impact government. Our coverage is assiduously factual, ethical, and unapologetically liberal. We amplify what we think is important, with the proper context—not...

m.dailykos.com

Best economy in 50 years, and in the winter during a pandemic. What will it be like next year?

LOL. Are you saying the media reports fake news?

 

[EyeBRollin]

How many of those places are $30 trillion in debt?

What is the relationship between the economy and government debt?

 

[22lcidw]

You should have thought about that in 1981.

You should have thought about that when Kennedy was killed and LBJ set us on a course of destruction.

 

[EyeBRollin]

Which most of it is OWED to those other countries, especially the Dems Red Overlords!!!!

Nope. Bullshit.