Biden delivering fastest economic recovery in our history.

Red hot in what sense? Because Trump said it was the "best economy in history of mankind"? GDP growth was barely keeping up with Obama's average, which Trump called "pathetic", so according to his own standard his economy was also pathetic. I'd say it was ok, but pretty far from red hot, and then it melted on his lap in 2020 and in the end his 4 yr average is worst for any president in very long time.

 

Trump was getting mixed messages on the pandemic from his intelligence and from the medical experts. But he was ready for what ever came about. On Jan 14 WHO said it couldn't be transferred to humans. On Jan 21, Dr. Fauci said it was no worse than the flew. On Jan 29rh, WHO finally got it right and told how bad it really was. On Jan 29th, Trump announced his pandemic team and closed the border three days later, against Biden's wishes mind you.

When did Trump set up Coronavirus Task Force? The same day WHO came out and said how bad it was, Jan 29th. Closed the border to China two days later. ( Statement from the Press Secretary Regarding the President’s Coronavirus Task Force
HEALTHCARE
Issued on: January 29, 2020
Today, President Donald J. Trump announced the formation of the President’s Coronavirus Task Force. Members of the Task Force have been meeting on a daily basis since Monday. At today’s meeting, which the President chaired, he charged the Task Force with leading the United States Government response to the novel 2019 coronavirus and with keeping him apprised of developments.
The Task Force is led by Secretary of Health and Human Services Alex Azar, and is coordinated through the National Security Council. It is composed of subject matter experts from the White House and several United States Government agencies, and it includes some of the Nation’s foremost experts on infectious diseases.
The Task Force will lead the Administration’s efforts to monitor, contain, and mitigate the spread of the virus, while ensuring that the American people have the most accurate and up-to-date health and travel information.
The President’s top priority is the health and welfare of the American people. That is why, in 2018, President Trump signed the National Biodefense Strategy, which improves speed of action in situations such as this. The Administration, led by the President’s Task Force, will continue to work to prevent the spread of the new coronavirus. Read more https://www.whitehouse.gov/briefings-statements/statement-press-secretary-regarding-presidents-coronavirus-task-force/
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Oh, I have hands, just not to babysit you.

 

As it stands right now the worker participation rate is 61.3 it was a hair over 64 under Trump in 2019. In short you rise in employment is largely a mirage.

 

You didn't expect it to melt after being hit with the virus and all those companies having to close up?

There are more jobs than people out of work, something the American economy has never experienced before
https://www.cnbc.com/.../there-are-more-jobs-than-people...

Pay gains under Trump best since the Great Recession
www.cnbc.com › 2018/01/31 › pay-gains-under-trump...

Jan 31, 2018 - Workers looking for fatter paychecks had their best year in 2017 since before the financial crisis, according to a government report Wednesday.

Overlooked on economy? Rising paychecks for blue-collar ...
www.usatoday.com/story/opinion/2019/08/14/blue...
Aug 14, 2019 • Blue-collar path to solid paycheck. And as blue-collar workers have seen their wallets thicken, highly educated white-collar workers’ wages have grown more modestly.


gains under Trump best since the Great Recession
www.cnbc.com/2018/01/31/pay-gains-under-trumps...
Jan 31, 2018 • President Donald Trump's first full year in office saw gains that easily outdistanced any year for his predecessor, Barack Obama, whose best showing was the 2.2 percent increases in 2016 and 2014. Six of Obama's eight years in office saw gains of 2 percent or less.

 

The nutcases think Trump created the pandemic.

 

https://www.atr.org/thanks-trump-median-household-income-highest-level-ever

Real median household income has grown by $4,144 or 6.8 percent since President Trump took office, according to an op-ed published in the Wall Street Journal.
This data is based on a report released by Sentier Research analyzing the Census Bureau’s monthly Current Population Survey.
As noted in the op-ed, authored by Stephen Moore, real median household income is at an all-time high:
“Real median household income—the amount earned by those in the very middle—hit $65,084 (in 2019 dollars) for the 12 months ending in July. That’s the highest level ever and a gain of $4,144, or 6.8%, since Mr. Trump took office. By comparison, during 7½ years under President Obama—starting from the end of the recession in June 2009 through January 2017—the median household income rose by only about $1,000.”
The below chart highlights the strong Trump wage growth.


Economy & Politics: Income Gap Grows under Trump, Obama — but ...
www.nationalreview.com/2019/10/income-gap-growth...
Indeed, in a bit more than half of his term, Trump’s $5,003 mountain of growth in median household income is 346 percent higher than Bush-Obama’s $1,444 molehill of marginal middle-class earnings. https://www.nationalreview.com/.../income-gap-growth.../

 

Looks like Joe has been busy selling US arms around the world. The submarine deal to Australia is already old news.

Todays economic news:

Australia REPLACES its entire fleet of troubled Taipan helicopters which cost taxpayers $4billion with Black Hawks from the US as tensions soar with China
https://www.dailymail.co.uk/news/ar...roubled-Taipan-helicopters-Blackhawks-US.html

Finland orders 64 Lockheed F-35 fighter jets for $9.4 bln
https://www.reuters.com/business/ae...innish-fighter-competition-source-2021-12-10/

Plans to phase in F-35 from 2027 onwards

• • Ties non-NATO Finland closer to the alliance
  • Lockheed chosen ahead of Boeing and Saab among others
  • HELSINKI/WASHINGTON, Dec 10 (Reuters) - Finland has chosen U.S. defence giant Lockheed Martin's (LMT.N) F-35 fighters to replace ageing F/A-18 combat jets and plans to order 64 planes with weapons systems in a $9.4 billion deal, the government said on Friday.

 

Today's inflation rate announced today of 6.8%, the highest since 1982 and the Reagan years, which the GOP idolized??????

 

Yes, with Reagan's help, he helped bankrupt the Soviet Union and put them out of business. America's worst enemy. Millions of Europeans are now living free because of what Reagan did. He knew the Soviets were hurting and got them into a weapons war which he knew the Soviets couldn't win. He brought down high inflation under Carter and had a better economy, although the weapons race left a big debt.

He stunned the Soviet Union with his tough rhetoric, calling it an “evil empire” whose leaders gave themselves the “right to commit any crime.”

His famed “Star Wars” program drew the Soviets into a costly arms race it couldn’t afford. His 1987 declaration to Soviet leader Mikhail Gorbachev at the Berlin Wall — “Mr. Gorbachev, tear down this wall” — was the ultimate challenge of the Cold War.

Ronald Reagan’s determination to destroy communism and the Soviet Union was a hallmark of his eight-year presidency, carried out through a harsh nuclear policy toward Moscow that softened only slightly when Gorbachev came to office.

He is vividly remembered in Russia today as the force that precipitated the Soviet collapse.

“Reagan bolstered the U.S. military might to ruin the Soviet economy, and he achieved his goal,” said Gennady Gerasimov, who served as top spokesman for the Soviet Foreign Ministry during the 1980s.

Reagan’s agenda toward Moscow started shortly after the start of his first term — and marked a major departure from the mild detente of the Jimmy Carter administration.

In 1981, Reagan backed his rhetoric with a trillion dollar defense buildup. U.S.-Soviet arms control talks collapsed, and the two nations targeted intermediate-range nuclear missiles at each other across the Iron Curtain in Europe.

The deployment of the U.S. missiles in Europe rattled the Kremlin’s nerves, because of the shorter time they needed to reach targets in the Soviet Union compared to intercontinental missiles deployed in the United States.

In an even bigger shock to the Kremlin, Reagan in 1983 launched an effort to build a shield against intercontinental ballistic missiles involving space-based weapons.

The Strategic Defense Initiative (SDI), dubbed “Star Wars,” dumped the previous doctrine of Mutual Assured Destruction that assumed that neither side would start a nuclear war because it would not be able to avoid imminent destruction.

Even though Reagan’s “Star Wars” never led to the deployment of an actual missile shield, it drew the Soviets into a costly effort to mount a response. Many analysts agree that the race drained Soviet coffers and triggered the economic difficulties that sped up the Soviet collapse in 1991.

“Reagan’s SDI was a very successful blackmail,” Gerasimov told The Associated Press. “The Soviet Union tried to keep up pace with the U.S. military buildup, but the Soviet economy couldn’t endure such competition.”

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I liked Reagan, but he tripled the national debt. The rate is increase was almost as rapid as under Trump, but not quite.

 

So when does he start a war?

 

Evidently the stock market didn't mind the inflation news as it is up today.

 

Yes, we've all seen the spin. Obama was the best and everything bad was attributed to Bush. Trump was the worst and Biden can do no wrong. Its a common refrain from partisans who refuse to accept that anyone but them can do good things.

 

is it inflation or a supply issue due to the pandemic is the question, when supply gets back to normal will the prices go back down

 

Yeah, you hands would be too small.

 

And let's not forget the incredible amount of inflation.

 

... but it's a recovery...?? And this is currently Trump's economy, according to you, so Trump gets the credit for this recovery of which you speak??

Yes, you have yourself argued into a corner ten ways sideways and I'm just "playing with my food" at this point.

 

Nope, gas prices have nothing to do with COVID... They were very low before COVID (under Trump) and are now up up and away under Biden. The policy failures of Biden which I mentioned earlier are why gas prices are so high right now (and will continue to rise). Implement decent policy (do the opposite of Biden's policy that I had listed) and gas prices would drop like a rock within six months.

 

They were low because of the economic shutdown and people spending on goods not services. people are driving more again and going out to eat , etc. hence, the gas supply has not caught up with the demand. That lag may also be intentional.

 

Thats what Reagan inherited from Carter.

 

Yeah, I'm going to just stop reading Herr. If this is how bad it starts, I can't imagine the rest.

Kind of using a pandemic to make Trump look bad, while also simultaneously making Biden look good?

Take the pandemic out of it, like jonest people would, and then evaluate.

 

I didn't say anything about Biden. but if the shoe fits.

 

Avoid the point much?

 

You mean removing everything negative, and pretend that's an honest way of looking at things vs looking at the whole picture?

Its an absurd idea, which is why I didn't bother with it.