U.S. economy slows sharply to 2% annualized rate in third quarter

Discussion in 'Current Events' started by Bearack, Oct 28, 2021.

  1. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    It was pathetic according to his own standards. He ran his 2016 campaign saying economy was "pathetic", and "carnage", and after he became president his numbers was same as before, but he called it "best economy in history of mankind". Now even 6.7% quarterly growth (or 5.0% annual) is "pathetic" again. His apologists believe it, while critical thinkers sigh and shake their heads.

    [​IMG]
     
    Last edited: Oct 29, 2021
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  2. ButterBalls

    ButterBalls Well-Known Member

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    Folks like you don't give him a fair shake either.. The first year of any newly elected President is pretty much the exiting POTUS.. So you factor that and the onslaught of pandemic then just how well and how much real time did any of his policies have..

    Then again leftist arithmatricks and total hatred also have much to do with his numbers too.. Just wait, inflation and higher prices will have you all singing the blues real quick, I'll bet my bottom dollar on it ;)
     
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  3. ButterBalls

    ButterBalls Well-Known Member

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    Ya like a toothless barking dog, you Frightened of them too :(
     
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  4. truth and justice

    truth and justice Well-Known Member

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    What has any of that got to do with the fourth quarter of 2019?
     
  5. Robert

    Robert Well-Known Member Past Donor

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    A plan is what you mean. To send me some more cash the same as Trump had sent.
     
  6. ButterBalls

    ButterBalls Well-Known Member

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    Nothing really, but we could cherry pick Mr Obatards worst year(s) too :)
    upload_2021-10-29_10-2-42.png
     
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  7. ButterBalls

    ButterBalls Well-Known Member

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    No such thing exist in the Democrat party today..
     
  8. truth and justice

    truth and justice Well-Known Member

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    LOL You could if you want but it hardly helps your cause!
     
  9. Bullseye

    Bullseye Well-Known Member

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    Pure nonsense, LW contortions and outright bullshit.
    Obama's last year - the economy Trump took over wheezed along at 1.6% GDP and directionless stock markets. At the time of the election several states were on the verge of, or already in recession.
     
  10. Zorro

    Zorro Well-Known Member

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    Dems Dance It Out To Let's Go Brandon!

    BIDENOMICS KICKS IN: “It’s becoming clearer that one of the most efficient ways to destroy the U.S. economy, outside of bombing the country, is to put Joe Biden in the White House.”

    We were on our way until the results of the COVID tainted election were in.

    [​IMG]
    Hopefully the next election has integrity measures restored and we can start digging out from under the Biden Disaster.
     
  11. ButterBalls

    ButterBalls Well-Known Member

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    That's because it check mates your nonsense :)
     
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  12. Zorro

    Zorro Well-Known Member

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    "The economy has actually slowed to a crawl in Q3 (-0.1% in final sales of domestic product)." Biden and the Democrats destroyed the economy by attacking business, energy production, unneeded inflation fueling relief packages and unemployment bonuses and internal fighting in an attempt to "actually pile trillions of more dollars in spending programs in off-budget projects that will help fuel even more inflation."

    https://hotair.com/ed-morrissey/202...-republican-pouncing-to-come-you-know-n425703
     
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  13. truth and justice

    truth and justice Well-Known Member

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    LOL direct from your graph
    Obama highest GDP 3.1%
    Obama lowest GDP -2.5%
    Average GDP over term 1.6%

    Trump highest GDP quarter 3%
    Trump lowest GDP quarter -6.5%
    Average GDP over term 0.67%

    Obama won on every metric and did not end with a massively increased debt
     
    Last edited: Oct 30, 2021
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  14. 2ndclass289

    2ndclass289 Newly Registered

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    Unfortunately they never had a chance to give him a fair shake. The msm started the barrage of negativity before he even took the oath. The brainwashing is so bad that he’s still relevant,” today, not because his supporters bring him up but because the people have been so conditioned to hate President Trump by the corrupt msm. The msm further conditioned them to love whoever his successor was: hence the love of a man that should never have been put in his position. Germany 1933 all over again. It’s going bad and will continue to get worse.
     
    Last edited: Oct 30, 2021
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  15. truth and justice

    truth and justice Well-Known Member

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    LOL people hate Trump because he is a disgusting example of a human being
     
    Last edited: Oct 30, 2021
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  16. 2ndclass289

    2ndclass289 Newly Registered

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    A perfect example: he’s disgusting. Nothing to back it up. Just pure hate. Your handlers are sitting back admiring their work.
    Germany 1933
     
    Last edited: Oct 30, 2021
  17. truth and justice

    truth and justice Well-Known Member

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    LOL I knew nothing about him until he was nominated as the republican candidate. I could not stand Clinton but quickly saw that even she was a better person than your god. Oh and there's "very fine people on both sides". No condemnation of " Jews will not replace us" chant. Trump represents 1933
     
    Last edited: Oct 30, 2021
  18. 2ndclass289

    2ndclass289 Newly Registered

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    This is exactly what I’m saying. The brainwashing is incomprehensible. Your quote: “MY GOD”?????? REALLY?? REALLY???
    That’s pure hate.
    Man I hope people will start to realize that fighting with each other is exactly what these rich, arrogant, self serving politicians (repubs & dems) really want. I doubt anyone will though.
    Keep fighting with each other, it’s working perfectly. (for them)
    United we stand, divided we fall”
     
  19. ButterBalls

    ButterBalls Well-Known Member

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    Ya EIGHT year average compared to a FOUR year term with a the worst pandemic in modern time! Why do you keep putting yourself in this sort of light :)
     
  20. Quantum Nerd

    Quantum Nerd Well-Known Member

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    LOL! Self ownage. That must mean all the RW complaints about Biden must be really Trump's fault, because Biden is still in his first year.
     
  21. Bluesguy

    Bluesguy Well-Known Member Donor

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    Trump took over an economy that the Republicans had finally managed to get back on track after the worst economic recovery in modern history headed by Obama and Biden. And together that Republican Congress and Trump made it even better and even with COVID and the historical recovery while still under the Trump/Rep policies handed Biden an economy in a strong recovery which Biden and the Dems are now blowing trying to go back to those same failed Dem policies.
     
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  22. Bluesguy

    Bluesguy Well-Known Member Donor

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    Presidents are not kings and do no solely government nor control the economy. And Dems including Senator and the President Obama took the last Bush/Republican deficit of a measly $161B to over $1,400B in just TWO YEARS and kept it over $1,000B for the next three while creating the worst economic recovery in modern history. It ONLY came down because the Republicans slowly took back the Congress and instituted the austerity and sequesters.
     
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  23. ButterBalls

    ButterBalls Well-Known Member

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    Although one difference, Trump killed Mr. Obatards crippling policies whereas Joe-joe brain bleeder has put them back in play, for instance no drilling or energy exploration on federal lands another is keystone... I might add are the top reason we see fuel prices up over a dollar since dimwit took office..

    This is why you leftist "THINK" you have a twist, but the lack of historic real world political and news always comes back to make a monkey of the things you'all post :)

    Well done ;)
     
    Last edited: Oct 30, 2021
  24. notme

    notme Well-Known Member

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    What makes zero sense is that you right wing lot blame Biden that +5% point change in economic growth is not good enough and that he needs to do more and more policies to accomplish that. And on the other hand whine all over the place how Biden inserts all kinds of economic policies that is just communistic and need to do less policies. This really makes no sense.

    To call a +5% point change in economic growth a "disaster"... is something while it's a figure that Donald himself never managed to produce himself by a freaking longshot.... makes no sense as well.
     
  25. notme

    notme Well-Known Member

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    Obama inherited the subprime mortgage crisis of GWB that crashed the economy around the entire globe. Obama needed to lend that money to give to the biggest American banks and companies in order to prevent a total bankruptcy of the entire country. This was much needed and works. Obama than handed over the economy to Donald on a golden platter. Donald who failed to produce better economic numbers in the first 3 years (to not include covid) compared to the last 3 years of Obama, even though he expanded the debt by 35% because that supposedly would repay itself back with this massively better functioning economy. A plan that totally failed!!! He gave money away to companies who just wasted it so hard that they needed governmental aid the first year of covid to safe them from going bankrupt. That's the economic legacy of Donald.
     
    Last edited: Nov 3, 2021

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