US economy grows 5.2% in third quarter; higher interest rates eroding momentum

@Condor060 is also ignoring the fact that Trump has wanted even higher payments.

 

Your lack of knowledge on history is astounding.
Covid cases were still strong thru most of 2022

...

https://www.worldometers.info/coronavirus/country/us/

 

Ignores many many facts. All the time.

 

More revisionist history. We just went through the largest covid wave when Biden took office. We JUST started having vaccines (which, btw, the RW claims are not working). But, of course, all Biden haters had future vision at that time and declared the pandemic over. Same revisionist history as your claim that the Dems were being responsible for the 2008 great recession.

 

So for three years, leftists denied inflation but suddenly, inflation is lowering.

 

More revisionist history. The vaccines were out, lockdowns were ending, we'd had two quarters of strong economic growth as we went into recovery, unemployment was rapidly falling.

 

So you're doubling down that Covid was largely over when Biden took over, yet the most cases recorded were a year later.
Wow.

 

The vaccines were out, the economy was in full recovery, unemployment was rapidly falling and Biden was trying to keep it shutdown trying to take credit and buy votes.

 

You don't know history at all.
Even when you see the charts of covid cases.

 

Did we have the vaccines out when Biden took office? Yes
Had unemployment already dropped DRAMATICALLY? Yes


Had we had to HUGE quarters of GDP? Yes



Yes there was the OMICRON spike the following winter which we all expected but still showed it was on it's way out.



All The Big Guy had to do was get out of the way and the economy would have continued a full recovery with everyone getting back to work and no Bidenflation.

 

Short & Selective memories......but they do remember to point out that more people died of Covid under Biden than Trump

 

Yes, it is obvious biden turned around trumps recession.

But you claimed covid was over when biden took office. When 2022 had the most cases ever.

 

And every time in 2023 and 2024 some one dies from covid, it will only add to the total.

 

What I posted clearly shows it began BEFORE Biden even won the election let alone got his Bideninflaionary spending passed. He gave is a recession as the GDP chart shows and slammed down the recovery.

 

The recession occurred in 2020. Before the Biden was seated.
You seem to have no idea of covid or recession.

 

Wages have been, more or less, stagnant for five decades or more. The only time was the JCTA and that was a one time only increase because businesses had large amounts of cash on their hands and needed to spend it. Some used the money to buy back stock, increase pay wages, provide more ISO's or other stock incentive programs, invest in new equipment, hire more temporary and permanent employees, and so forth. But for business, it wasn't sustained for those wages like Trump claimed it would

 

COVID occurred in 2020 a recession occured first two quarters of 2022, who was President then? Biden came into office on a strong recovery thanks to Trump and then he proceeded to blow it just as he and Obama did in 2009 with the same leftist policies.

 

they can't give those Covid vaccines away, couldn't get rid of the last batch either. Less than 20% participation. Probably ordered 500 million of them, what a waste!

 

What ?

The economy has recovered under Trump exactly the same percentage growth it had lost.... under Trump.

 

Thanks to Trump means that you are rejoicing;


1. His Government induced recession/lockdowns

2. His Massive and overly generous Covid-related government transfer payments.

NOTE; Excess “inflationary” Savings as of Dec 31st, 2020; $1 trillion, and mainly due to unspent Covid-related government transfer payments.

3. His Federal Reserve’s extraordinary X trillion dollars QE measures;

NOTE; A future debt increase when the Fed reduces its balance sheet/Treasury holdings.

3. His $4.25 Trillion Debt increase

4. His $3.1 Trillion deficit

Geeeeze, thanks to Trump, what else are you rejoicing?

 

Joey B and the FED, they are going to be peaking just at the right time after the **** show that Agent Orange left and to top it off, hamstrung the Biden transition team right up and until January 20th 2021. We all know the only thing Federal he should see the inside of is a jail cell, but, Joe will pardon him.

 

Covid occurred in 2020?????

Get out of here!

In the United States;

2020…..Covid’s original strain pandemic
2021…..Alpha & Delta pandemic
2022…..Omicron pandemic

 

The pandemic ruined Trump’s baby economy!

2019 Annual GDP Growth Rate; PLUS 2.3%

2020 Annual GDP Growth Rate; MINUS 2.8%

NOTE; Back in 2017, several Trumpers on this site have labeled Obama’s 1.6% Annual GDP Growth Rare as a DISMAL rate, thus, if +1.6% is a dismal rate, what’s minus 2.8%?

 

$2/gal of gas. Recession. The thing MAGA loves.

 

There was no recession in 2022 because the US was still creating jobs. The recession happened in 2008. Obama didn't hold office until 2009.