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re: Current administration has best economic performance of the last 70 years

Posted on 5/1/23 at 5:29 pm to
Posted by Pendulum
Member since Jan 2009
7929 posts
Posted on 5/1/23 at 5:29 pm to
Nov 21 to now,SP being up 23% is below historical average performance of 10% annually. Hmmmmm Nice Stat

Absent the government deciding to eliminate jobs in 2020/2021; there would be no job creation. Hmmmmmm Nice Stat

They give GDP numbers in Absolute terms, not percentages. wonder why, why give SP in percentages and GDP (which everyone discusses only in %'s) in absolute numbers? also why 9 years? Hmmm, Nice Stat

Oh why are all the other stats from before or at the beginning of Biden admin, but inflation is graded starting in July ... HMMM NICE STAT...

Although I like the blatant don't give a frick, we are including the graph that clearly shows inflation being this admin's problem, you guys are too dumb to get past the words we type anyway (since we are ignoring all other external factors for all the other items)

It doesn't matter, it's like, "hold up before I read this article, what gang sign is the author putting up? D or R", I'll decide how to interpret it once I see that, not like there are truths out there anymore.
This post was edited on 5/1/23 at 5:42 pm
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 5/1/23 at 5:40 pm to
quote:

'I Love Bama' and his buddies will NOT like this post


LOL. I know OP pretty well. This is an elaborate troll.
Posted by Gifman
Member since Jan 2021
17594 posts
Posted on 5/1/23 at 5:57 pm to
This is why real wages are down severely with inflation blasting through the roof … because economy is kicking arse.
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
14429 posts
Posted on 5/2/23 at 5:19 am to
Factor in inflation and what is that $4.4 trillion worth in 2019 dollars……
Posted by catholictigerfan
Member since Oct 2009
59615 posts
Posted on 5/2/23 at 10:38 am to
The day after they post this the Dow drops almost 600 points. Strong economy right?
Posted by dgnx6
Member since Feb 2006
86294 posts
Posted on 5/2/23 at 3:33 pm to
This is bullshite, my 401k is way down. but im also 30 years from retirement.

Also the cost of everything has skyrocketed.

I work in accounting and have been calling vendors and service providers. Some of these companies are taking the highest price increase ive seen in the past 10 years ive been working for this company. Its actually absurd and is only getting worse.
Posted by Motownsix
Boise
Member since Oct 2022
3143 posts
Posted on 5/2/23 at 3:55 pm to
quote:

Homelessness has increased dramatically (thanks, fentanyl), but the homeless aren't counted in the Unemployment numbers since they have "dropped out" of the job market. Strange coincidence that we seem to have lots of job openings, low Unemployment yet ever-higher homelessness...


Most of the homeless where I live receive multiple government services. If they are collecting unemployment they are being accounted in the BLS numbers. I find most collect disability, and in some cases how their opioid problem started.

I’d agree there is an alarming number of people who seem completely unfit for any type of regular employment or even normal life. Overall I’m finding the average person is doing very well with personal finances. Everything we are seeing in tourism says people are going to travel in record numbers this summer. If they can’t afford gas, milk, and eggs, their summer plans don’t reflect that.
Posted by el Gaucho
He/They
Member since Dec 2010
58518 posts
Posted on 5/2/23 at 4:58 pm to
quote:

If they can’t afford gas, milk, and eggs, their summer plans don’t reflect that.

There’s no reason to save or try to get ahead

If you work more the government kills you with taxes

If you invest, stocks only go down


Honestly people living paycheck to paycheck and deep in debt are the happiest
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3499 posts
Posted on 5/2/23 at 5:36 pm to
I'll take bigger whoppers than social distancing works for 800.
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