Biden delivering fastest economic recovery in our history.

You earlier claimed it was GDP. However, the number of new cars sold has gone down, but the price has gone up by nearly $5000 or an increase in price of around 12% in the past year. It is the sale of such items as new cars on which the GDP is calculated. Any increase in the GDP is inflation induced and is artificial unless they are accounting for inflation.

 

The "so" being that it's hardly anything to brag about.

 

Because people hadn't been vaccinated yet. Medicine had only been out a short time.

www.huffpost.com › entry › trump-blames-blue-statesTrump Blames Blue States For The Country's High Coronavirus ...
He told North Carolina, Pennsylvania and Michigan to “open up their states,” saying that keeping businesses closed to prevent the spread of the virus is “hurting people far more than the disease

1. www.wsj.com › articles › the-blue-state-lockdownThe Blue State Lockdown Blues - WSJ
   May 25, 2020 · The Blue State Lockdown Blues The slow reopening in liberal states will hurt the national recovery. Wonder Land: Nancy Pelosi offers not a bailout but a bail-in, a nationalization of blue-state ...
   
   • Is Accessible For Free: false
2. www.washingtontimes.com › news › 2020Coronavirus reopenings expose 'red state-blue state divide ...
   Apr 21, 2020 · “You’re going to start to see over the course of the next six weeks or so a kind of red state-blue state divide in the United States where red states are going to open up at a much faster
   

 

So other countries had access to the vaccine before we did?

 

And as expected.

 

Ok bud. Nobody is buying the idea that a complete global economic shut down should be considered except the fringe ultra left. Blah blah blah, your not left. Sure.

 

Lets talk about dishonesty. Most people think Obama had a good economy and that Trump only road on his coat tails. They talk of 11 million jobs being created after the crash. Obama having the longest monthly growth of any President. Fewer people were signing up looking for work. Sounds pretty good doesn't it? But it's what they left out that tells the real story of Obama's economy. Democrats are great at only giving you half the truth.

Recovery Has Created Far More Low-Wage Jobs Than Better-Paid ...
www.nytimes.com/2014/04/28/business/economy/...
Apr 27, 2014 · Economy Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
How good were the 10.9 million jobs under Obama?
Money.CNN.com/2016/11/04/news/economy/jobs-under-obama/...
Nov 03, 2016 · CNNMoney breaks down what kinds of jobs have been created and ... Almost all of the job gains under President Obama have been in so-called service jobs,

The deep recession wiped out primarily high-wage and middle-wage jobs. Yet the strongest employment growth during the sluggish recovery has been in low-wage work, at places like strip malls and fast-food restaurants.

In essence, the poor economy has replaced good jobs with bad ones. That is the conclusion of a new report from the National Employment Law Project, a research and advocacy group, analyzing employment trends four years into the recovery.

“Fast food is driving the bulk of the job growth at the low end — the job gains there are absolutely phenomenal,” said Michael Evangelist, the report’s author. “If this is the reality — if these jobs are here to stay and are going to be making up a considerable part of the economy — the question is, how do we make them better?”

The report shows that total employment has finally surpassed its pre-recession level. “The good news is we’re back to zero,” Mr. Evangelist said.

But job losses and gains have been skewed. Higher-wage industries — like accounting and legal work — shed 3.6 million positions during the recession and have added only 2.6 million positions during the recovery. But lower-wage industries lost two million jobs, then added 3.8 million.
HTTPS://www.nytimes.com/…/recovery-has-created-far-more-low…
77 percent of 2013 jobs were part-time positions ...
https://www.washingtontimes.com/news/2013/aug/2/part-timer-nation...
Aug 02, 2013 · Fully 77 percent of positions added to the market in 2013 have been part-time, in contrast to the positive economic news making the media rounds, according to payroll reports released in recent weeks.
"There are now 1.2 million fewer jobs in mid- and higher-wage industries than there were before the Great Recession, according to data from the National Employment Law Project. In contrast, there are 2.3 million more jobs in lower-wage sectors than before the recession," according to CNBC. Nor is there the hoped-for renaissance in American manufacturing. We have some 300,000 fewer manufacturing jobs since President Barack Obama took office and 1.5 million jobs below the pre-recession level.
https://www.usnews.com/news/the-report/articles/2015/08/23/the-part-time-economic-recovery

Poverty level under Obama breaks 50-year record ...
https://www.washingtontimes.com/.../obamas-rhetoric-on......

Jan 07, 2014 · A record 47 million Americans receive food stamps, about 13 million more than when he took office.

 

Welfare At All-Time High Under Obama

The latest government figures reveal that an astonishing number of people are collecting public benefits such as food stamps and disability checks, revealing an alarming trend of dependence on government rather than self-sufficiency associated with the American dream.

A record 5.4 million workers have applied for federal disability checks since President Obama took office, according to a news report that cites recent government figures. This is straining already-stretched government finances while posing a long-term economic threat by creating an ever-growing pool of permanently dependent working-age Americans, the report says.

Since the recession supposedly ended in mid 2009, the number of people who have applied for disability benefits is double the job growth figure, according the report which includes an informative chart. In just the first four months of this year, 539,000 joined the disability rolls and more than 725,000 applied for the federal benefit. That means nearly 11 million people are on disability, according to the Social Security Administration.

Also this week, government figures reveal that a record number are getting food stamps and the figure will keep rising. This is not surprising since the Obama Administration has promoted the program like there’s no tomorrow in an effort to eradicate “food insecure households.” In fact, the administration has spent millions of dollars to recruit even more food-stamp recipients and has doled out hefty cash rewards to states that sign up the most people. One state even bragged about a $5 million performance bonus it got from the feds for its “swift processing of applications.”https://www.judicialwatch.org/.../welfare-at-all-time.../

 

Wrong, any recovery is worth bragging about.

 

And the problem with feeding people is?

 

GDP growth is best in decades, as are jobs gains. Stock market is up 20% in one year. You can downplay it all you want, but to claim the is bad economy is fairly dishonest.

 

Nice to offer opinion pieces to support bias. It wasn't just blue States who were locked down. Florida was locked down hard, as was Texas, and that article is from May, while Florida remained locked months after that and businesses mandated masks well into this year.

 

Numbers are not left tor right, they just are. You want to pick and choose the numbers to make your messiah look good, and that's just......sad. Idolatry is always sad.

 

The job gains are just people going back to work. You can look at the labor participation numbers and see that. The GDP is going up because of inflation. The gains in the stock market are lost because of inflation.

I have not claimed the economy is bad. I am just waiting on proof of this great economy which the democrats are claiming.

 

The US was above 350,000 deaths by the end of December, not 100,000

FYI, the UK was at 80k at that same point in time.. you do the math

 

I was wondering where all the "BUT OBAMA" lines were. I didn't vote for Obama, but my 401K tripled while he was in office, so I can't complain.

 

Biden delivering fastest economic recovery in our history.

Actually events beyond Biden's control are delivering the economic recovery. The major even is the public's abandonment of government's ineffective response to covid. Everything Biden has done has slowed the recovery.

 

No, its not. On the other hand, an increased GDP causes inflation, because people spend more.

Not even close. If you had a million in 401K, you would have made an extra $200 000 this year, so paying $10.00 more at the gas pump is pretty close to meaningless.

Yes. Presidents have far less to do with the economy than people realize.

 

OK. Here is the math. The population of UK is 44 million. The population of the US is 330 million.

The death rate in the UK is 181 per hundred thousand. The death rate in the US is 106 per hundred thousand.

 

Not even close to accurate

 

That depends on how it is invested. I am elderly with much more conservative investments. Additionally, the entire investment of $1 million lost $100k due to inflation.

I dd not fill up just once this year. I filled up around forty times and the extra cost is around $20 more per fill up. That is $800 more and that does not include all higher cost of food, etc.

 

Lets see your math.

 

No, not every increase in GDP is related to inflation but the current one is. It isn't really an increase in GDP as it is a devaluation of the currency.

 

That was the intent of my statement.