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

skews13

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Mar 18, 2017
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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.


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


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

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


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?
 

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