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. bx4

    bx4 Well-Known Member

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  2. sec

    sec Well-Known Member

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  3. independentthinker

    independentthinker Well-Known Member

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    LOL. Meanwhile, Biden continues to have high disapproval numbers and 65% of Americans say the country is going in the wrong direction, foreclosures are high, evictions are high, prices are 17% higher than when Biden took office, auto loan defaults are high, credit card debt is high, savings are being drained, and food banks are overwhelmed. But everything's just going great!
     
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  4. ButterBalls

    ButterBalls Well-Known Member

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    Crazy times, clearly peeps don't like a fake economy..
     
  5. Egoboy

    Egoboy Well-Known Member Donor

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    Nice anecdotal stories... evictions are "high"... auto loan defaults are "high"..... Savings are being "drained"

    Stop... you are killing us with all your detailed graphs and charts

    MAGA posters are "high"

    The country was going on the wrong direction the day the MAGA GOP won back the house partially through gerrymandering in 2022. Let's see what those wrong direction numbers are when the D's hold/take back all 3 groups of government this fall... Will be much higher...
    .
    On topic, 3.3 is another solid quarter... Bidenomics (I.E. Letting the Fed do their jobs unimpeded) is working!
     
  6. bx4

    bx4 Well-Known Member

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    The concern for MAGA is that the economy will continue to do well. And that their negative spin will reach fewer and fewer people.

    Americans will realize that the economy is going well. And Joe will get re elected. Maybe even control both chambers. That’s why trump and his MAGA flock want a recession.

    So anti-American. But that’s Trump and MAGA.
     
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  7. Tipper101

    Tipper101 Well-Known Member

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    So Americans can’t afford $1000 sudden expense but they can grow GDP by spending so much? Lol.

    Or

    Are the rich getting richer and between them and Biden’s spending habits, that’s what’s driving GDP growth while everyone else is scraping homeless feces off their boots?

    A fact made more evident by Americans outlook on the economy…oh right, they shouldn’t believe their lying eyes, they’re just brainwashed by right wing media since that’s apparently what’s in control of what everyone thinks since never.

    Try again libs. Try harder
     
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  8. independentthinker

    independentthinker Well-Known Member

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    They are not anecdotal at all. They are the norm.

    https://www.businessinsider.com/eco...ally-pandemic-jpmorgan-income-markets-2023-12
     
    Last edited: Jan 25, 2024
  9. independentthinker

    independentthinker Well-Known Member

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    Translation: You admit things are not so good right now but you're hoping they will get better.
     
  10. Egoboy

    Egoboy Well-Known Member Donor

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  11. Moonglow

    Moonglow Well-Known Member

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    Probably as much as in 2019.
     
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  12. ButterBalls

    ButterBalls Well-Known Member

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    In the clear here, no signup needed.
     
    Last edited: Jan 25, 2024
  13. Moonglow

    Moonglow Well-Known Member

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    Worry about number one ...My economy has NEVER needed a president to be good or great, that is up to me.
     
    Last edited: Jan 25, 2024
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  14. hawgsalot

    hawgsalot Well-Known Member

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    nm
     
    Last edited: Jan 25, 2024
  15. ButterBalls

    ButterBalls Well-Known Member

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    Last I looked you weren't the only American in America :)
     
  16. Moonglow

    Moonglow Well-Known Member

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    I am sure the others can cumulate while others will sublimate. I don't support anyone but myself..
     
    Last edited: Jan 25, 2024
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  17. omni

    omni Well-Known Member

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    Same as under the previous administration.
     
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  18. ButterBalls

    ButterBalls Well-Known Member

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    :thumbsup:
     
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  19. bx4

    bx4 Well-Known Member

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    Don’t put words in my mouth. You are quite wrong.

    The economy is going well. You don’t want to recognize it because a good economy increases the chance of Biden being re elected.

    The entire RW media and echo chamber has you convinced that the economy sucks. It doesn’t. And MAGA is terrified that they can’t fool the public much longer.
     
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  20. Moonglow

    Moonglow Well-Known Member

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    I have a great economy in my house because for ten years I had operations and physical impairments that kept me from working. Now I am a rich man because I have my health. Life is a blessing, not a curse.
     
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  21. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Bad timing for your three gloom and doom threads today? Care to comment about the stock market today, too? Or, maybe good news is not what's wanted if the main objective is to talk down the economy so dear leader gets re-elected.
     
  22. Moonglow

    Moonglow Well-Known Member

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    The bond market is doing much better also...
     
  23. ButterBalls

    ButterBalls Well-Known Member

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    And yet with all that great propa, I mean fanfare, Americans just aint buying it.. Isn't that odd ¯\_(ツ)_/¯
     
    Last edited: Jan 25, 2024
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  24. independentthinker

    independentthinker Well-Known Member

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    Americans don't feel it because they are paying prices 17% higher than when Biden took office.
     
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  25. ButterBalls

    ButterBalls Well-Known Member

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    If only the Average American could afford them :(
    upload_2024-1-25_10-19-0.png
     
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