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The U.S. economy is growing faster than China for the first time in 40 years.

  
Via:  John Russell  •  3 years ago  •  43 comments


 The U.S. economy is growing faster than China for the first time in 40 years.
The inflation rate is 3.2%, the lowest of all G7 nations and one of the lowest in the world, while wages grew 4.4% since last year. Bidenomics is working.

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S&P 500 Index Posts One Of The Best Monthly Gains In a Century


Troy Matthews 1-2 minutes   11/26/2023





More record positive economic data under President Biden



The S&P 500 stock market index saw gains of 8.7% in November, one of the best monthly performances in a century. The S&P has gained more than 8% in a single month only 10 times since 1928. The index is up almost 19% in 2023.

Some market analysts are   predicting   that the S&P 500 will top 5,000 in 2024, setting new record highs heading into the 2024 election.

800



This news comes after the U.S. GDP grew by a staggering 4.9% in the third quarter of 2023. The   U.S. economy   is growing faster than China for the first time in 40 years. 

October saw 150,000 jobs   added   to the economy, marking the 34th straight month of U.S. job growth. Unemployment has been under 4% for 22 months straight. 

The inflation rate is 3.2%, the lowest of all G7 nations and one of the lowest in the world, while wages grew 4.4% since last year. 

Bidenomics is working.



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JohnRussell
Professor Principal
1  seeder  JohnRussell    3 years ago

If these sorts of trends continue, I believe by the middle of next year people will feel a lot better about the economy. Just in time.

 
 
 
JBB
Professor Principal
2  JBB    3 years ago

original

 
 
 
Sean Treacy
Professor Principal
3  Sean Treacy    3 years ago

Lol. China's economic problems caused by it's one child policy and collapsing property bubble  is not due to "Bidenomics". 

Even for Democrats, that's astoudingly ecnomicially illiterate. 

 
 
 
George
PhD Expert
3.1  George  replied to  Sean Treacy @3    3 years ago
Even for Democrats, that's astoudingly ecnomicially illiterate

I think you give them to much credit.

 
 
 
JohnRussell
Professor Principal
3.2  seeder  JohnRussell  replied to  Sean Treacy @3    3 years ago
China's economic problems caused by it's one child policy and collapsing property bubble  is not due to "Bidenomics". 

Who said they are?  

 
 
 
Vic Eldred
Professor Principal
4  Vic Eldred    3 years ago

MeidasTouch – Bias and Credibility

MBFCMixed.png?resize=355%2C131&ssl=1

Overall, we rate MeidasTouch Left Biased based on the negative portrayal of Donald Trump and Republicans and the promotion of Democratic candidates. We also rate them Mixed for factual reporting due to a lack of transparency with funding and the publication of one-sided content that can be misleading.

MeidasTouch - Bias and Credibility - Media Bias/Fact Check (mediabiasfactcheck.com)

 
 
 
JohnRussell
Professor Principal
4.1  seeder  JohnRussell  replied to  Vic Eldred @4    3 years ago
the negative portrayal of Donald Trump and Republicans and the promotion of Democratic candidates.

as if there is something wrong about portraying Trump negatively. It is patriotism.

 
 
 
Vic Eldred
Professor Principal
4.1.1  Vic Eldred  replied to  JohnRussell @4.1    3 years ago

It is Fascism.

 
 
 
afrayedknot
Senior Silent
4.1.2  afrayedknot  replied to  Vic Eldred @4.1.1    3 years ago

The desperation in parsing words and definitions is but that. A failed attempt to paint an adversary within a construct that is disingenuous at best, ignorant to be sure, and intentionally inflammatory at worst. 

 
 
 
MrFrost
Professor Guide
4.1.4  MrFrost  replied to  Vic Eldred @4.1.1    3 years ago

It is Fascism.

In what way?

 
 
 
JohnRussell
Professor Principal
4.1.5  seeder  JohnRussell  replied to  Vic Eldred @4.1.1    3 years ago

The media has been far too kind to Trump over the past eight years. He deserves a much harsher treatment in the media. 

 
 
 
Greg Jones
Professor Participates
5  Greg Jones    3 years ago

The left can't list any action or program started by the Biden administration that has had anything to do with improving the economy. What's happening is the post Covid bounce and the results would have been the same if Trump were president.

gv112123dAPR-800x0.jpg

 
 
 
JBB
Professor Principal
5.1  JBB  replied to  Greg Jones @5    3 years ago

The Infrastructure Bill and Inflation Reduction Act are successful Biden economic programs!

 
 
 
Hallux
Professor Principal
5.2  Hallux  replied to  Greg Jones @5    3 years ago

Gary needs to learn how to spell. In the meantime:

The cost of turkeys this Thanksgiving

  • 46 million: Number of turkeys expected to be consumed on Thanksgiving Day
  • 293 million: Number of Americans likely to be eating a turkey dinner
  • 88%: Proportion of Americans to be feasting on Thanksgiving turkey
  • $1.3 billion: Spend on turkeys this Thanksgiving

Comparing the cost of a turkey over time

Let’s take a closer look

The average price of a turkey has increased by just 1.3% in 2023, jumping from $27.56 in 2022 to $27.90 in 2023 for a 16-lb. bird. This 1.3% increase is well below the   current inflation rate , which sits at 3.7%. Over the past 10 years, the cost of a turkey has risen about twice as fast as inflation, with the cost of a turkey rising on average 4.8% per year compared to 2.7% for inflation.

How was your soup?

 
 
 
MrFrost
Professor Guide
5.3  MrFrost  replied to  Greg Jones @5    3 years ago

Cute meme...But trump LOST 3 million jobs while in office. Biden has added....how many?

 
 
 
Just Jim NC TttH
Professor Expert
5.3.1  Just Jim NC TttH  replied to  MrFrost @5.3    3 years ago

Covid TOOK 3 million jobs. Biden touts this shit all the time when it isn't adding shit. It's recouping or recovering and has very little to do with anything not so great grandpa has done

 
 
 
MrFrost
Professor Guide
5.3.2  MrFrost  replied to  Just Jim NC TttH @5.3.1    3 years ago

If only trump could have done a better job of managing covid when it showed up.

512

 
 
 
George
PhD Expert
5.3.3  George  replied to  MrFrost @5.3.2    3 years ago

Gee, if biden hadn't killed more Americans than trump through his mishandling of Coronavirus your ignorant meme might have a point. 

 
 
 
Just Jim NC TttH
Professor Expert
5.3.4  Just Jim NC TttH  replied to  MrFrost @5.3.2    3 years ago

And just what would you have had him do differently? He isn't God. He did the only thing he could. Push for the vaccine.

 
 
 
George
PhD Expert
5.3.5  George  replied to  Just Jim NC TttH @5.3.4    3 years ago

It's weird that Fauci engineers a gain of function virus under Obama and it's trumps fault it killed so many people.  and stranger still is that Biden had a vaccine and treatments for his entire presidency and still killed more people than trump.

 
 
 
MrFrost
Professor Guide
5.3.6  MrFrost  replied to  George @5.3.3    3 years ago

Gee, if biden hadn't killed more Americans than trump through his mishandling of Coronavirus your ignorant meme might have a point. 

Gee, I guess you forgot that Covid showed up on TRUMP'S watch? Remind me again, who was is that disbanded the pandemic response team? Oh GEE, that was TRUMP again. 

 
 
 
MrFrost
Professor Guide
5.3.7  MrFrost  replied to  George @5.3.5    3 years ago
and still killed more people than trump.

It's weird that trump didn't have to deal with covid, (really, at all...too much golfing to get done), for the first 2 years of his term. Are you really this bad at time frames? 

 
 
 
Trout Giggles
Professor Principal
5.3.8  Trout Giggles  replied to  MrFrost @5.3.7    3 years ago

Didn't more people die under trmp's handling of Covid?

 
 
 
Trout Giggles
Professor Principal
5.3.9  Trout Giggles  replied to  Just Jim NC TttH @5.3.4    3 years ago

I will give him credit for that

 
 
 
Trout Giggles
Professor Principal
5.3.10  Trout Giggles  replied to  Just Jim NC TttH @5.3.4    3 years ago
He isn't God.

He isn't? Somebody better tell him that

 
 
 
Just Jim NC TttH
Professor Expert
5.3.11  Just Jim NC TttH  replied to  Trout Giggles @5.3.8    3 years ago

Nope

 
 
 
Just Jim NC TttH
Professor Expert
5.3.12  Just Jim NC TttH  replied to  Trout Giggles @5.3.10    3 years ago

jrSmiley_10_smiley_image.gif

 
 
 
MrFrost
Professor Guide
5.3.13  MrFrost  replied to  Trout Giggles @5.3.8    3 years ago

Didn't more people die under trmp's handling of Covid?

Technically no, but Biden has had to deal with it for a longer period of time, so it's a bit of a, "wash". 

 
 
 
MrFrost
Professor Guide
5.3.14  MrFrost  replied to  George @5.3.5    3 years ago

It's weird that Fauci engineers a gain of function virus under Obama and it's trumps fault it killed so many people.  and stranger still is that Biden had a vaccine and treatments for his entire presidency and still killed more people than trump.

512

 
 
 
George
PhD Expert
5.3.15  George  replied to  MrFrost @5.3.6    3 years ago
I guess you forgot that Covid showed up on TRUMP'S watch?

[removed]    to blame trump for China allowing Fauci's virus to escape from it's lab?

 
 
 
Sean Treacy
Professor Principal
5.3.16  Sean Treacy  replied to  George @5.3.5    3 years ago
eatments for his entire presidency and still killed more people than trump.

and he claimed anyone who was President when 220,000 people died of Covid should resign.  Then  400,000 plus died in Biden's first year as President , despite the vaccine. 

By his own standard, he's not fit to be President. 

 
 
 
George
PhD Expert
5.3.17  George  replied to  Sean Treacy @5.3.16    3 years ago
he's not fit to be President.

Unless it is maybe the president of the Alzheimer wing at the home.

 
 
 
JBB
Professor Principal
5.3.18  JBB  replied to  George @5.3.17    3 years ago

original

 
 
 
George
PhD Expert
5.3.19  George  replied to  JBB @5.3.18    3 years ago

[removed]   do you have to be to think there are only 2 choices on the ballot?

 
 
 
Trout Giggles
Professor Principal
5.3.20  Trout Giggles  replied to  MrFrost @5.3.13    3 years ago

Ok, then. I will take your word for it

 
 
 
George
PhD Expert
5.3.21  George  replied to  George @5.3.19    3 years ago

Official sample ballots, 2020 - Ballotpedia

I see at least 6 choices for president in California, 

Official sample ballots, 2020 - Ballotpedia

In Arkansas there were 13 choices, why is California suppressing the vote?

There are multiple choices beyond the 2 idiots that are running from the democrats and republicans, but some voters are so fucking ate up with partisanship they will vote for their team over the other team no matter how much their player sucks always finding a reason why the other team sucks more.

 
 
 
Gazoo
Masters Silent
5.4  Gazoo  replied to  Greg Jones @5    3 years ago

We were warned. We were told, by biden himself, to “lower our expectations.”

 
 
 
MrFrost
Professor Guide
6  MrFrost    3 years ago

512

 
 

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