The ECONOMY ,Stock Market, , & General Finance

Discussion in 'Economics & Trade' started by MiaBleu, Nov 24, 2020.

  1. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    The increase in debt was historic. Other than that, unemployment increased by about 30%. GDP growth averaged about 1% during his 4 years.
     
    Last edited: Feb 1, 2021
  2. Chrizton

    Chrizton Well-Known Member

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    The US is only expected to trim 1% off the unemployment numbers this year. The democrats will be called to the carpet by September on their failure to create any economic momentum.
     
  3. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Well, that remains to be seen. Trump was called to the carpet and fired after he increased unemployment by 30%, and managed only 1% average GDP growth while increasing debt by $8 trillion in four years. Let's face it, those are worst economic numbers in a VERY long time.
     
  4. Chrizton

    Chrizton Well-Known Member

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    Post hoc ergo propter hoc is the american past time.
     
  5. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    The numbers are factual.

    Calling everything a fallacy, fake news, or conspiracy is a way to avoid inconvenient facts, and THAT has become the favorite pastime of Trump apologists.
     
    Indlib, MiaBleu and AZ. like this.
  6. MiaBleu

    MiaBleu Well-Known Member

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    ronv likes this.
  7. MiaBleu

    MiaBleu Well-Known Member

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  8. MiaBleu

    MiaBleu Well-Known Member

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  9. Richard Franks

    Richard Franks Well-Known Member

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  10. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    I wouldn't credit this on any president, because we lost so many jobs last year that its not even funny. Many will come back, while many others are falling in the "discouraged" category.
     
  11. MiaBleu

    MiaBleu Well-Known Member

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  12. MiaBleu

    MiaBleu Well-Known Member

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  13. MiaBleu

    MiaBleu Well-Known Member

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  14. scarlet witch

    scarlet witch Well-Known Member Past Donor

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  15. MiaBleu

    MiaBleu Well-Known Member

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  16. 61falcon

    61falcon Well-Known Member

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    First quarter 2021 GDP just announced as 6.4%, the highest quarter we have achieved since 2003.
     
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  17. MiaBleu

    MiaBleu Well-Known Member

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  18. Zorro

    Zorro Well-Known Member

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    Jobs Bust:

    [​IMG]

    May 3, 2021 - Economy & Business
    A jobs report for the ages

    Well, they blew that one.
    Biggest Job MISS in the history of the report.

    https://www.axios.com/jobs-report-april-expectations-7e6fd58d-a262-4c2e-90d4-191e47e86b14.html
     
    Last edited: May 7, 2021
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  19. Zorro

    Zorro Well-Known Member

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    Ddyad and Bill Carson like this.
  20. fmw

    fmw Well-Known Member

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  21. MiaBleu

    MiaBleu Well-Known Member

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  22. yardmeat

    yardmeat Well-Known Member

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    None of the economic growth numbers are all that surprising, and I don't see a reason to credit Biden for them.
     
  23. Chrizton

    Chrizton Well-Known Member

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    We will see. I think the federal reserve balance sheet is so loaded down with big chunks of the $20T in new debt since 2008 that the wheels may come off the cart, donkey or otherwise.
     
    Last edited: Jun 7, 2021
  24. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Who is crediting him?
     
    Last edited: Jun 7, 2021
  25. MiaBleu

    MiaBleu Well-Known Member

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