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

I don't live in France, UK, Germany or even Sri Lnka. Their inflation is of no relevance to America.

"Yes, inflation is at a 40-year high, and rates have been climbing throughout Biden’s time in office"
PolitiFact | Yes, inflation is at a 40-year high, and rates have been climbing throughout Biden’s time in office

 

Strong in them, the hate is.

 

Well, many sources have yesterday published the REAL GDP growth numbers for the fourth quarter, one second of a google search would have confirmed this. But, no, you reflexively assumed that it is nominal GDP growth, and, therefore, cancelled out by inflation. Why? Because you have been trained by Trump propaganda that everything has to be terrible while Biden is in the WH, no matter what the actual facts are.

 

Like I said

 

They never really did. It is mostly a rhetorical tool to attack groups they want to attack when it suits them to do so.

 

Wrong. Your mango hero is responsible for the high gas prices we had to deal with because of his America last deal he made with OPEC.

 

Only rightists believe the POTUS is responsible for global issues. LOL

 

Correct. The inflation was not a US thing, but a global problem, and US recovered from it faster than other Western countries.

GDP Growth was good news, and even better in 3rdQt. so its natural for the usual suspects to be offended by it.

 

May be you don’t know this but Germany, UK, France, Sri Lanka and USA all are part of Planet Earth. And a worldwide shutdown like 2020 effect every country.

But hay , no need to accept facts – just keep singing ‘ let’s go Brandon, Let’s go Brandon”.

 

You can’t correct them with statistics. You can’t correct their way of thinking with facts and charts.

They are not interested in reality.

In 2020, when Freezer trucks were standing outside the hospital with full of dead bodies, yet MAGA were claiming "Covid is a hoax"?

 

When Trump/ GOP in WH , jobs report , GDP report are accurate like Gospel. But if Democrats are in White House, all these reports are cooked up. In 2016 campaign trump used to claim actual unemployment is 20% or perhaps 42% and his devoted disciples were accepting those like Gospel. But by 2017 the same Job report by same people were “greatest economic achievement .. perhaps greatest of all”.

 

So, you're saying you don't give a crap about the poor who don't work or work little, long live Biden!

 

Yes, Biden and the left raised prices through their policies.

 

People are flocking out of the blue states to the red states. Nobody wants to live in the blue states anymore.

 

And MAGA believe that.

 

Sadly, you are correct.

 

Can you tell me which policy of Biden directly contributed to Inflation?

 

People who are willing to work for living often opt to live in Blue States, or Blue metros in Red States, because 80% of US economic output is generated in those areas. Sure enough 85% of Americans live un urban areas which are almost always Blue.

If you are retiring, then a move to a poor Red State makes since since living expenses are cheaper.

 

And that still doesn’t change the fact , 8 out of 10 poorest state are RED state.

 

So, you’re saying you hate the millions of people who have new jobs since Biden was sworn in, and you want the economy to crash. MAGA!

 

Many people are beginning to realize that they want cheaper living expenses now, instead of waiting for them when they retire.

 

The role of the US as a world power
All statistics via the CIA World Factbook.

Economic influence

Figure caption,
New York Stock Exchange, Wall Street
The United States of America is the world's foremost economic and military power. It has the third largest population in the world (335 million). Income in 2017 was $62,530 per capita, one of the highest in the developed world.

The US is home to many entrepreneurs and has created many iconic products which are highly sought after around the world, for example Apple and Facebook.

The US also provides the greatest amount of international aid.

• $11 billion to the United Nations – one fifth of their entire budget
• $58.5 billion is given to USAID – the US Agency for International Development for missions in more than 80 countries

Military influence

Figure caption,
US Navy aircraft carrier USS Bonhomme Richard
Militarily, the US remains the world's only superpower. Although the US does not spend the most in the world on defence as a proportion of GDP (3.7%), in absolute terms it spends vastly more than any other country. In 2020, they spent $778 billion. Over one third (39%) of the total world’s defence spending is by the US alone.

The US has the largest naval fleet in the world. The US carrier fleet dwarfs every other country in the world, particularly in terms of in size and technological hardware. The scale of the US navy allows it to have a military presence anywhere in the world.

Cultural influence
The USA's cultural influence extends across the world, for example over two billion people speak some English in the world today with the majority speaking an Americanised version of the language. US TV programmes, films, video games and music have a large domestic market of more than 300 million customers, in addition to their influence on the rest of the world. The USA also has a social and cultural impact on immediate neighbours such as Mexico and Canada and on North/Central America as a whole.

 

POTUS <> United States

POTUS is a temporary employee of the Unites States

 

Great... link from 21 months ago..... super timely and awesome!

Have anything on that Watergate Hotel break in? I suspect that will be a big story someday....

 

It dropped before and YES during before Biden pledged to shut it down.