The US Economy

[WhatsHisNuts]

Despite the reported "disaster" the first year under Biden has been, it looks like the economy fared pretty well.

https://www.reuters.com/world/us/us...q4-2021-growth-seen-best-37-years-2022-01-27/

• Summary

• Fourth-quarter GDP estimated increasing at 5.5% rate
• Inventory investment seen accounting for bulk of growth
• Growth in 2021 likely the strongest since 1984
• About 260,000 people likely filed jobless claims last week

The Commerce Department's advance fourth-quarter gross domestic product report on Thursday would support the Federal Reserve's pivot toward raising interest rates in March, and diminish prospects of more spending by President Joe Biden's government.
Fed Chair Jerome Powell told reporters on Wednesday after a two-day policy meeting that "the economy no longer needs sustained high levels of monetary policy support," and that "it will soon be appropriate to raise" rates.

Skulnik will be happy that the Fed is planning to raise interest rates under a Democrat. Will this put his conspiracy theory to bed? Of course not.

 

[yyz]

Don't forget record profits for business while Biden invented inflation.

 

[WhatsHisNuts]

https://finance.yahoo.com/news/q4-gdp-us-economic-activity-recovery-192945002.html

[h=1]Q4 GDP: US economy expanded at 6.9% annualized rate, topping expectations[/h]
[FONT=&quot]But despite the brief deceleration in third-quarter GDP, economic growth throughout 2021 had been robust as vaccinations picked up across the country and stay-in-place behaviors began to abate. For the full-year 2021, GDP grew at a 5.7% rate, marking the fastest since 1984. And this marked a sharp reversal from the contraction seen in the economy in 2020, when GDP shrank by 3.4%. [/FONT]

 

[WhatsHisNuts]

Fox News is showing specials on chili recipes until they can manufacture a new immigrant caravan crisis.


Sent from my iPhone using Tapatalk

 

[WhatsHisNuts]

Where's Lowell to tell us the numbers can't be trusted? Where's GJN to say 5.5% isn't really THAT good.

 

[WhatsHisNuts]

Unemployment is down.
Wages are up and so is spending.
The economy is so strong that the Fed is going to increase interest rates.

Not a peep from the doomsday Republicans that said Biden's first year was a disaster.

 

[Skulnik]

Unemployment is down.
Wages are up and so is spending.
The economy is so strong that the Fed is going to increase interest rates.

Not a peep from the doomsday Republicans that said Biden's first year was a disaster.

You Trust the Communist Biden regimes numbers?

:shrug:

 

[yyz]

You Trust the Communist Biden regimes numbers?

:shrug:

You could just take a walk, and find these things out for yourself.

Oh, can you explain why communist Biden is helping the Ukraine, rather than siding with Mother Russia?

But, the talking heads at Fox all stand with Putin. Isn't that interesting?

 

[WhatsHisNuts]

You Trust the Communist Biden regimes numbers?

:shrug:

You don't seem to have any beef when they report that inflation is up.

 

[WhatsHisNuts]

528,000 jobs added in the month of July. Far exceeds expectations and now Fox News and the Republicans are bitching that the jobs are just people getting 2nd and 3rd jobs and that this will lead the Fed to further tighten monetary policy.

Gas prices continue to fall. Retailers are reporting high inventory, which should translate into price reductions for many of the goods that are now in stock that were overbought during the COVID shortages.

 

[WhatsHisNuts]

Job participation rate is back to where we were pre-pandemic. Unemployment is at a 50 year low. Where's the Republican bed wetters to tell us how bad this is?

 

[Scrapman]

Job participation rate is back to where we were pre-pandemic. Unemployment is at a 50 year low. Where's the Republican bed wetters to tell us how bad this is?

all kissng trumps retarded ass :142smilie

 

[WhatsHisNuts]

https://finance.yahoo.com/news/us-e...weakness-in-latest-data-deluge-160030799.html

"It's a complete disaster!" :lol:

 

[WhatsHisNuts]

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[Cricket]

Watch: Biden Gets Torched Live by Fox News Graphics, Shows the Truth About 'Bidenomics'

Without saying a word, Fox News spoke volumes about the economy under President Joe Biden as he praised "Bidenomics."

www.westernjournal.com

 

[yyz]

It continues to amaze me, how shitty your life is.

 

[WhatsHisNuts]

Fastest recovering economy in the civilized world after the pandemic. Inflation is receding faster in the US than most of the civilized world.

Call it a disaster or whatever you like. Things are going in the right direction and are moving at a faster pace than like nations.

 

[yyz]

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[WhatsHisNuts]

The US has the lowest inflation rate of the G7 countries. Near record unemployment. Things are moving in the right direction and it's happening faster here than the other first world economic powers. I hope the country realizes this in time for the 2024 election.

 

[Smitty]

The US has the lowest inflation rate of the G7 countries. Near record unemployment. Things are moving in the right direction and it's happening faster here than the other first world economic powers. I hope the country realizes this in time for the 2024 election.

who can think about things like "the economy" when drag queens are reading books to children!! i mean, only those children whose parents allow it. but still!! won't somebody think of the children???