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Biden grew economy by 5.2% in the third quarter, even faster than previously estimated

Economy grew by 2 trillion in 2023
National Debt grew by 2 trillion in 2023

So that pretty much wipes that out. Except the interest on that debt will last forever.
 
jonny5 said:
Economy grew by 2 trillion in 2023
National Debt grew by 2 trillion in 2023
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What a surprise... @jonny5 's debt deflection. Can you think of anything else other than "waaaah debt!!! Waaaah government spending!!!! 😭😭😭 🤬🤬🤬" to post, day in and day out?
jonny5 said:
So that pretty much wipes that out. Except the interest on that debt will last forever.
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Show your work! Oh wait you can't, and like so many others, you'll sulk away tail tucked.
 
LetsGoBrandon said:
TDS is clouding your judgement....and the funny aspect is that it is you that is a cultist.
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This has nothing to do with your need to defend Trump. Output growth, employment growth, consumption growth, private domestic investment growth, etc... all show a booming economy. You're not capable of supporting your weird position with data (much less analysis).
 
LetsGoBrandon said:
Joe merely sits around does what he is told by his handlers who in turn hope he can just get through a speech or press conference without shitting his depends. Joe has no clue about the economy.
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Well for a guy that has no clue, he seems to be doing an amazing job
 
jonny5 said:
2% average growth
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This is another one of your lies. Real GDP has grown by 8.5% during the Biden administration... an average that equates to more than 3%.
jonny5 said:
a recession in 2022
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Another lie.
jonny5 said:
27% inflation since taking office
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No ability to stop yourself huh?
fredgraph.png

Your posts are both disinformation and really quite petty.
jonny5 said:
funded by 7 trillion in new debt
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Let's play arithmetic: If total public debt is $34,076,671,717,711.41 and it was $27,784,553,033,005.01 when he was sworn into office, how much has debt increased?

Another example why your posts are a really just terrible.
jonny5 said:
is not booming
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Absolutely booming!
jonny5 said:

U.S. Consumer Debt Climbs to $17.3 Trillion​

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😱
 
rahl said:
We didn’t have a recession in 2022
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Some people live in a perpetual state of alternative reality. Remember, this person advocates blowing up the Union because they don't like paying taxes and have an unhealthy fetish about debt.
 
multivita-man said:
Rents may increase as long as housing prices remain elevated but new housing starts could actually help with that.
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Speaking of which I am sick of seeing foreign investment brokers and private equity gangs vacuuming up every square inch of housing stock and turning it into rental homes.
That's a big PART OF ----the current spiral in both house rents AND home sale prices in many parts of the country.
 
Checkerboard Strangler said:
Speaking of which I am sick of seeing foreign investment brokers and private equity gangs vacuuming up every square inch of housing stock and turning it into rental homes.
That's a big PART OF ----the current spiral in both house rents AND home sale prices in many parts of the country.
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It's private equity.
 
Kushinator said:
What part of rGDP, employment, investment, consumption, etc... are you continuing to struggle with?
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All of it. He is a partisan. It’s easier to gaslight then admit he is wrong
 
jonny5 said:
2% average growth, a recession in 2022, 27% inflation since taking office, funded by 7 trillion in new debt, is not booming.

www.statista.com

Infographic: U.S. Consumer Debt Climbs to $17.3 Trillion​

This chart shows the total household debt balance in the United States.
www.statista.com
www.statista.com

U.S. Consumer Debt Climbs to $17.3 Trillion​

Click to expand...
Last five recessions were caused by republicans

Trump virus recession Feb 2020–Apr 2020
Great bush recession Dec 2007–June 2009
Bush recession one Mar 2001–Nov 2001
hw bush recession July 1990–Mar 1991
reagan recession July 1981–Nov 1982
 
99percenter said:
Last five recessions were caused by republicans

Trump virus recession Feb 2020–Apr 2020
Great bush recession Dec 2007–June 2009
Bush recession one Mar 2001–Nov 2001
hw bush recession July 1990–Mar 1991
reagan recession July 1981–Nov 1982
Click to expand...

Correlation is not causation. And the last recession was in 2022.

q1 -2%
q2 -.6%
 
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