What recession? GDP grows by 2.6%!

[boedicca]

The government doesn't sell oil to Egypt either. Sorry.

Oh, puh-leeeze! At least try to appear to keep up.

 

[boedicca]

Numbers are adjusted for inflation. Are you ever right? Even accidemy?

No. The numbers are adjusted by the fake incredibly low official government version of "inflation", not real inflation.

 

[22lcidw]

New cars can’t get chips because they aren’t made here so demand for used is up. Biden passed the CHIPs act to fix it. Why was Trump and the Pubs in front of this?

Are they building a chip plant in Commie York State? Anything to win an election after destroying the economy. By many pundits the GDP gain is a mirage. Not from the sweat and toil of the American worker.

 

[Manonthestreet]

Steve Mnuchin is Not Pretending, States U.S. Economy is Already in Recession - The Last Refuge

A lot of people didn’t like Steven Mnuchin as Treasury Secretary, I did. Secretary Mnuchin was an inside player, a billionaire himself, who worked for the outside team. He already had a full bank account and carried ‘f**k-off’ money. That, combined with Wilbur Ross having the same ability...

theconservativetreehouse.com

 

[citygator]

No. The numbers are adjusted by the fake incredibly low official government version of "inflation", not real inflation.

Seemed to work when Trump was president.

 

[boedicca]

Seemed to work when Trump was president.

Not really, but the gap wasn't as pronounced and actual inflation was much lower.

Alternate Inflation Charts

www.shadowstats.com

 

[citygator]

Not really, but the gap wasn't as pronounced and actual inflation was much lower.

Alternate Inflation Charts

www.shadowstats.com

You’re wrong. Inflation is highly tracked and accurate. The weight of the causes is the piece that is anyones guess.

 

[Harpy Eagle]

You’re wrong. Inflation is highly tracked and accurate. The weight of the causes is the piece that is anyones guess.

You notice how none of these people were offering up alternative inflation charts during the previous admin?

 

[boedicca]

You’re wrong. Inflation is highly tracked and accurate. The weight of the causes is the piece that is anyones guess.

Oh, you poor widdle gullible woowoo.

 

[citygator]

Oh, you poor widdle gullible woowoo.

Or.. you’re a whack job incel basement dwelling conspiracy nut.

 

[AntonToo]

All I know is a used car that cost 5 grand 2 yrs ago now costs 10 - 15

Is that a sign of strong or weak demand?

 

[AntonToo]

Pumping the strategic reserve was one of the reasons this occurred. As soon as it stopped so did this rise, a little early for Biden because he didn't want the pain during the election. That blip is now long gone, and shit is about to hit the fan further, the second dip is going to be far worse than the first one and Biden/democrats own it,

So in your expert estimate what is Biden's strategic reserve policy contribution to GDP this year?

 

[Manonthestreet]

Is that a sign of strong or weak demand?

Sign of runaway inflation

 

[Billy_Bob]

So in your expert estimate what is Biden's strategic reserve policy contribution to GDP this year?

Yearly we are still in negative standing... a tepid last quarter in response to a massive crash the previous four does not scream look at what I did... Idiots...

 

[AntonToo]

Yearly we are still in negative standing... a tepid last quarter in response to a massive crash the previous four does not scream look at what I did... Idiots...

But that's not what I asked...right?

 

[JimH52]

It’s official. Recession is over. Thanks Biden!

U.S. Economy Grew 2.6% in Third Quarter, GDP Report Shows

While key segments remained resilient during the third quarter, economists are worried about a possible recession.

www.wsj.com

View attachment 716361

The MAGA repubs are hoping to take congress so they can screw up the economy, again.

 

[Flash]

Isn't it pathetic to see how these stupid Moon Bats believe the lies put out by the Potatohead administration? Just like these yokels believe that 81 million Americans voted for Potatohead and the Ho in 2020.

 

[sealybobo]

Hmmm, you admit we actually had a recession. Interesting. Now, of course, we look for the double dip recession.

You mean you hope for one.

 

[hadit]

You mean you hope for one.

View attachment 732338

I keep telling you to stop buying those foil helmets you find on the back page of your comic books because they don't actually give you mind reading powers. You have no idea WHAT I hope for.