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Trump vs biden on the economy

Posted on 6/27/24 at 1:27 pm
Posted by SlidellCajun
Slidell la
Member since May 2019
15945 posts
Posted on 6/27/24 at 1:27 pm
Just heard a reporter make the following economic comparison between Trump and Biden.

Economic comparison-

Trump. Biden
Inflation. 1.4%. 3.3%
Unemployment. 6.7%. 4%
Job growth. -3.1m. +15.6m
Stocks. +69%. +43%

Source- US bureau of labor statistics. Federal reserve

Anyone care to pick it apart?
This post was edited on 6/27/24 at 1:43 pm
Posted by NineLineBind
LA....no, the other one
Member since May 2020
8409 posts
Posted on 6/27/24 at 1:28 pm to
Covid.


The end.
Posted by RichardPound
Member since Dec 2021
286 posts
Posted on 6/27/24 at 1:29 pm to
All I need for an economic comparison is a trip to the grocery store
Posted by Rip Torn
Member since Mar 2020
5729 posts
Posted on 6/27/24 at 1:30 pm to
The job statistics reflect the idiotic Covid layoffs as does the unemployment rate. Everyone who lived through it knows it was a giant scheme to get rid of Trump and he fell for it. If you don’t include those goofy numbers, it’s a much different situation and those inflation numbers under Biden are laughable
Posted by bayoudude
Member since Dec 2007
25839 posts
Posted on 6/27/24 at 1:30 pm to
Biden job growth is misleading much of it is second jobs along with jobs coming back after Covid.
Posted by chili pup
Member since Sep 2011
3697 posts
Posted on 6/27/24 at 1:31 pm to
There is no fine line between the two.

One is fricking up the United States

One can fix it.

This post was edited on 6/27/24 at 1:32 pm
Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 6/27/24 at 1:31 pm to
quote:

Inflation. 1.4%. 3.3%


Inflation is way higher than 3.3%

quote:

Unemployment. 6.7%. 4%


Covid and most don’t qualify since

quote:

Job growth. -3.1m. +15.6m


Covid and a report came out saying those job numbers are way off for Biden. His job creation was also federal jobs.

quote:

Stocks. +69%. +43%


Less consumer confidence under Biden with higher inflation
Posted by ronricks
Member since Mar 2021
10919 posts
Posted on 6/27/24 at 1:32 pm to
Inflation is a lagging indicator so all that liquidity that Trump pumped into the system so fast all throughout 2020 takes time. No different than Biden's 'Build Back Better' spending bills taking time to raise inflation. It doesn't happen overnight and Trump is the one who kicked started the reckless spending whether his sycophants acknowledge it or not.
Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 6/27/24 at 1:33 pm to
quote:

Inflation is a lagging indicator so all that liquidity that Trump pumped into the system so fast all throughout 2020 takes time. No different than Biden's 'Build Back Better' spending bills taking time to raise inflation. It doesn't happen overnight and Trump is the one who kicked started the reckless spending whether his sycophants acknowledge it or not.


Thanks rnmdlr
Posted by chili pup
Member since Sep 2011
3697 posts
Posted on 6/27/24 at 1:34 pm to
quote:

Inflation. 1.4%. 3.3%


Add up each and every product you purchase and tell me the inflation is not higher than 100%.

Go ahead. Try it.

Each and every item you purchase is more expensive. Don't give me a 10-20% inflation gesture.


Add the inflation percentages up. You get a very high number rather than just splitting it in quarters like they massage the numbers.
Add it all up.
This post was edited on 6/27/24 at 1:40 pm
Posted by roadGator
Member since Feb 2009
154556 posts
Posted on 6/27/24 at 1:34 pm to
quote:

All I need for an economic comparison is a trip to the grocery store


I travel a lot. A whole lot.

Add in gas, restaurants, flights, hotels etc.

Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 6/27/24 at 1:35 pm to
quote:

I travel a lot. A whole lot. Add in gas, restaurants, flights, hotels etc.


County deputies travel this much?
Posted by PorkSammich
North FL
Member since Sep 2013
16809 posts
Posted on 6/27/24 at 1:36 pm to
Trump’s CARES Act kicked off inflation, Biden’s Build Back Better threw lighter fluid on it.
Posted by dgnx6
Member since Feb 2006
85661 posts
Posted on 6/27/24 at 1:38 pm to
The only reason you wouldn’t vote for Trump is you are a democrat.
Posted by roadGator
Member since Feb 2009
154556 posts
Posted on 6/27/24 at 1:39 pm to
Shocking news.

You are wrong again. Now repeat this falsehood over and over until you have your fellow seals trained up to also repeat it.





Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 6/27/24 at 1:39 pm to
My father was an elected sheriff. Please lie more
Posted by dgnx6
Member since Feb 2006
85661 posts
Posted on 6/27/24 at 1:39 pm to
quote:

Trump’s CARES Act kicked off inflation, Biden’s Build Back Better threw lighter fluid on it.


did you return your stimulus money to the government?
Posted by SCwTiger
armpit of 'merica
Member since Aug 2014
6869 posts
Posted on 6/27/24 at 1:42 pm to
Remember when they killed almost 1mm Americans to take UrngeMan out??

I do
Posted by roadGator
Member since Feb 2009
154556 posts
Posted on 6/27/24 at 1:42 pm to
False narratives can be created to manipulate people's perceptions and influence their behavior. They can be designed to exploit cognitive biases and play on people's emotions, fears, and existing beliefs to shape public opinion. Psychological research shows that people are more likely to believe information that confirms their biases, even if it's false. People's brains are also programmed to interpret sensory information through narratives that explain how and why the world works, and they instinctively believe these narratives are true.
Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 6/27/24 at 1:43 pm to
Need me to prove again you’re a liar?
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