The U.S. economy grew at a 3.3% pace in the fourth quarter, much better than expected

Discussion in 'Current Events' started by bx4, Jan 25, 2024.

  1. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,825
    Likes Received:
    38,180
    Trophy Points:
    113
    Are you sure?

    I mean TEN MONTHS of cooked employment data and now you'd have us believe these numbers are accurate LMFAO :)

     
  2. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

    Joined:
    Oct 16, 2018
    Messages:
    26,400
    Likes Received:
    14,389
    Trophy Points:
    113
    Gender:
    Male
    If economy grew by 23.3% this year, Biden would be considered an economic genius, and they'd keep him in office even if he was on life support, - which might actually happen.....

    Seems obvious the poster was saying 3.3%, which is the published number.
     
    Last edited: Jan 25, 2024
    WalterSobchak likes this.
  3. Endeavor

    Endeavor Well-Known Member

    Joined:
    Aug 26, 2022
    Messages:
    5,996
    Likes Received:
    3,295
    Trophy Points:
    113
    Gender:
    Male

    Trump: “If you look at GDP for the last quarter, it was 3 percent. Everybody was shocked to see that.”

    Trump: “2.6 is a number that nobody thought they’d see for a long period of time. … 2.6 is an unbelievable number.”

    Trump: “But we have GDP — if you raise — if you go up one point in GDP, it takes care of many sins. If you go up two points, it takes care of everything.”

    Trump: “And the numbers — you know, if we go up one point in GDP – one point – it’s $3 trillion and it’s 10 million jobs. Think of that. One point.”

    Trump: “But every time we go up one point, just so you understand, one point means $2.5 trillion, means 10 million jobs. So one point in GDP is an incredible statement. $2.5 trillion for each point, 10 million jobs for each point.”


    GDP Q4 2023: The U.S. economy grew at a 3.3% pace in the fourth quarter (cnbc.com)
     
  4. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,825
    Likes Received:
    38,180
    Trophy Points:
    113

    From your link, Im hardly impressed :)
    upload_2024-1-25_13-59-33.png

    Q4 has many examples of cooked books :)
     
    Last edited: Jan 25, 2024
  5. Egoboy

    Egoboy Well-Known Member Donor

    Joined:
    Oct 31, 2017
    Messages:
    44,763
    Likes Received:
    32,099
    Trophy Points:
    113
    Gender:
    Male
    He was and he already admitted the typo... was just trying to throw him some semi-humorous support....

    Hey, if we can constitutionally have a President serving while in prison, we can certainly have one while on a breathing machine....
     
    WalterSobchak and Pro_Line_FL like this.
  6. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,825
    Likes Received:
    38,180
    Trophy Points:
    113
    It's in the top 5 concerns for sure.. And then you see this and understand why!!

    'Soon You're Gonna Know Who I Am'
    upload_2024-1-25_14-3-54.png
     
  7. Endeavor

    Endeavor Well-Known Member

    Joined:
    Aug 26, 2022
    Messages:
    5,996
    Likes Received:
    3,295
    Trophy Points:
    113
    Gender:
    Male
    This is the same organization who “cooked” the books when trump was bragging about GDP.

    But you seems like you were impressed in the past with US GDP growth. Why not show us the impressive US GDP from Trump or any other Republican President in past 50 years. Lets compare past 4 years GDV VS any other GDP. You pick the 4 consecutive Q you like. I will wait.
     
    WalterSobchak and Hey Now like this.
  8. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,825
    Likes Received:
    38,180
    Trophy Points:
    113
    I was? Where did you read that? And I agree with the bolded, only I'm not trying to pass the BS off, I simply go with the mood of the American people..
     
  9. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

    Joined:
    Oct 16, 2018
    Messages:
    26,400
    Likes Received:
    14,389
    Trophy Points:
    113
    Gender:
    Male
    It's Donald Trump Junior! Sure looks like him. Did his wife take a little Cancun vacation while Tiny was with Stormy?
     
    WalterSobchak likes this.
  10. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,825
    Likes Received:
    38,180
    Trophy Points:
    113
    Is this your idea of a good dodge, or something you hoped would be close to a on topic reply?
     
  11. Endeavor

    Endeavor Well-Known Member

    Joined:
    Aug 26, 2022
    Messages:
    5,996
    Likes Received:
    3,295
    Trophy Points:
    113
    Gender:
    Male
    you go with the mood of America and not actual data or statistics? No wonder all the RED states are poor and live on hand out from liberals. People in RED state do business on “mood” and not with facts and statistic.

    I guess there is no point showing you statistics, you go with the mood/emotion.
     
    Quantum Nerd and WalterSobchak like this.
  12. Hey Now

    Hey Now Well-Known Member

    Joined:
    Jul 3, 2021
    Messages:
    18,291
    Likes Received:
    14,692
    Trophy Points:
    113
    That's like attacking your foot because it's your foot ;).
     
  13. independentthinker

    independentthinker Well-Known Member

    Joined:
    Oct 20, 2015
    Messages:
    8,407
    Likes Received:
    4,728
    Trophy Points:
    113
    Gender:
    Male
    Prices are 17% higher since Biden took office. Wages are not 17% higher since Biden took office. The income of the poor who don't work or work little hasn't risen because they don't work.
     
  14. independentthinker

    independentthinker Well-Known Member

    Joined:
    Oct 20, 2015
    Messages:
    8,407
    Likes Received:
    4,728
    Trophy Points:
    113
    Gender:
    Male
    What a bunch of hooey. Biden has risen prices 17% since he took office. It doesn't have anything to do with when you were young.
     
  15. independentthinker

    independentthinker Well-Known Member

    Joined:
    Oct 20, 2015
    Messages:
    8,407
    Likes Received:
    4,728
    Trophy Points:
    113
    Gender:
    Male
    LOL. People are flocking out of the blue states and moving to the red states. Where have you been?
     
  16. bx4

    bx4 Well-Known Member

    Joined:
    Aug 29, 2016
    Messages:
    15,346
    Likes Received:
    12,714
    Trophy Points:
    113
    But the income of the millions of people with jobs, who didn’t have them before, is much higher.
     
  17. Hey Now

    Hey Now Well-Known Member

    Joined:
    Jul 3, 2021
    Messages:
    18,291
    Likes Received:
    14,692
    Trophy Points:
    113
    Biden Admin and the FED, bailing America out of the **** show left by 45.....
     
    WalterSobchak likes this.
  18. AARguy

    AARguy Banned

    Joined:
    Aug 24, 2021
    Messages:
    14,265
    Likes Received:
    6,663
    Trophy Points:
    113
    Gender:
    Male
    The economy is growing! But we're still eating hot dogs when we used to eat steak.
    The economy is growing! But we're eating out a lot less because its unaffordable.
    The economy is growing! But when we used to go on travel vacations, we now have to limit ourselves to "staycations"
    The economy is growing! But that new car will have to wait another year... or more.
    The economy is growing! But that old suit will have to last longer
    The economy is growing! But many people have to buy groceries on credit
     
    Last edited: Jan 25, 2024
  19. Endeavor

    Endeavor Well-Known Member

    Joined:
    Aug 26, 2022
    Messages:
    5,996
    Likes Received:
    3,295
    Trophy Points:
    113
    Gender:
    Male
    Biden raised prices? Is Biden GOD? Even God can’t raise prices in USA. It’s market which raise prices. You should look that up. After all in the past conservatives believed in capitalism.
     
    WalterSobchak likes this.
  20. Endeavor

    Endeavor Well-Known Member

    Joined:
    Aug 26, 2022
    Messages:
    5,996
    Likes Received:
    3,295
    Trophy Points:
    113
    Gender:
    Male


    That doesn’t change the fact that 8 out of 10 poorest states are RED state.
     
    Quantum Nerd and WalterSobchak like this.
  21. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,825
    Likes Received:
    38,180
    Trophy Points:
    113
    LMAO, seriously, it's not like the mood of the VOTERS matter :roflol:
     
  22. dixon76710

    dixon76710 Well-Known Member

    Joined:
    Mar 9, 2010
    Messages:
    59,158
    Likes Received:
    4,614
    Trophy Points:
    113
    3.3% growth in GDP with a 3.4% inflation rate for 2023 is ZERO% growth in REAL GDP. Under a Biden presidency, breaking even is cause for celebration.
     
    AARguy and Hey Now like this.
  23. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,825
    Likes Received:
    38,180
    Trophy Points:
    113
    Then why is his economic approval rating in the tank ;)
     
  24. Arkanis

    Arkanis Well-Known Member

    Joined:
    Jan 17, 2013
    Messages:
    13,669
    Likes Received:
    17,490
    Trophy Points:
    113
    Gender:
    Male
    You don't know what you're talking about.

    Economic growth is always adjusted for inflation.
     
    mdrobster, bigfella, bx4 and 3 others like this.
  25. Arkanis

    Arkanis Well-Known Member

    Joined:
    Jan 17, 2013
    Messages:
    13,669
    Likes Received:
    17,490
    Trophy Points:
    113
    Gender:
    Male
    Because politics is often detached from reality, and is more about communication skills than real accomplishments.

    But don't worry.

    The Conservatives are supporting the worst candidate in the last 100 years, and Biden has got the economy rolling admirably.

    So it's all about making the POTUS's accomplishments better known.
     
    Quantum Nerd and Hey Now like this.

Share This Page