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

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

  1. Robert

    Robert Well-Known Member Past Donor

    Joined:
    Aug 16, 2014
    Messages:
    68,085
    Likes Received:
    17,134
    Trophy Points:
    113
    Gender:
    Male
    Please, inflation is not helping the economy. And the so called growth is inflation.
     
    US Conservative and ButterBalls like this.
  2. notme

    notme Well-Known Member

    Joined:
    Nov 16, 2013
    Messages:
    42,019
    Likes Received:
    5,395
    Trophy Points:
    113
    What tremendous job? His pre-covid years were mediocre. He lied he had covid under control and let it all fall apart under his watch. We all know he watched hours and hours of tv during office hours and played massive amounts of golf and made the taxpayer pay for it.
     
    bx4 likes this.
  3. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

    Joined:
    Oct 16, 2018
    Messages:
    26,184
    Likes Received:
    14,247
    Trophy Points:
    113
    Gender:
    Male
    5.0% average over 3 quarters is slow.....?

    [​IMG]
     
  4. Hoosier8

    Hoosier8 Well-Known Member Past Donor

    Joined:
    Jan 16, 2012
    Messages:
    107,541
    Likes Received:
    34,488
    Trophy Points:
    113
    Dang, you were living under a rock when economists were saying the great economy was due to Trump policies.
     
    US Conservative and ButterBalls like this.
  5. Hoosier8

    Hoosier8 Well-Known Member Past Donor

    Joined:
    Jan 16, 2012
    Messages:
    107,541
    Likes Received:
    34,488
    Trophy Points:
    113
    What is it about recovery you don’t understand? That happens naturally but Biden’s policies slow it down.
     
    ButterBalls likes this.
  6. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

    Joined:
    Oct 16, 2018
    Messages:
    26,184
    Likes Received:
    14,247
    Trophy Points:
    113
    Gender:
    Male
    Well, if 5.0% growth is no good then Trump must have done much better.

    But he didn't. His average over 4 yrs is around 1.0%

    I haven't said anything about Biden, or his policies. As a matter of fact I said it was expected after the disaster of 2020. Everything is about presidents to you, but not to me. You idolize persons.
     
    Last edited: Oct 28, 2021
  7. Hoosier8

    Hoosier8 Well-Known Member Past Donor

    Joined:
    Jan 16, 2012
    Messages:
    107,541
    Likes Received:
    34,488
    Trophy Points:
    113
    After becoming energy independent under Trump and the worlds largest energy producer we now have Biden begging OPEC to produce more oil.

    Liberal success 101.
     
  8. Hoosier8

    Hoosier8 Well-Known Member Past Donor

    Joined:
    Jan 16, 2012
    Messages:
    107,541
    Likes Received:
    34,488
    Trophy Points:
    113
    Context evades you but to be expected since you idolize Biden.
     
    US Conservative and ButterBalls like this.
  9. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,699
    Likes Received:
    38,035
    Trophy Points:
    113
    I'm just going along with your righties about it all.
    First the masks being bs and now this.
    It all should sound familiar.[/QUOTE]

    So what? Trump is history Bro, you really need to move on and get current... I know it's painful but you really need to live in the NOW!!!
     
    US Conservative likes this.
  10. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,699
    Likes Received:
    38,035
    Trophy Points:
    113
    Biden is a moron, perfect match for the DNC ;)
     
    Hoosier8 likes this.
  11. Bullseye

    Bullseye Well-Known Member

    Joined:
    Feb 7, 2021
    Messages:
    12,372
    Likes Received:
    10,696
    Trophy Points:
    113
    Gender:
    Male
    Total distortion. Half the country (or more was shutdown or severally limited) in Trump's last year. As opposed to Biden jumping on the rebound wave Trump engineered.
    For example, Trump's last unemployment and payroll employment numbers exceeded what Obama/Biden accomplished through almost six years of THEIR recovery.
    Or look at the stock market, which effects people's retirements and education savings:

    DJIA Apr20-apr021.png
    LOL, Wow. You mean Biden is still riding Trump's surge while doing everything he can to destroy it.
     
    US Conservative and ButterBalls like this.
  12. archives

    archives Well-Known Member

    Joined:
    Nov 11, 2016
    Messages:
    5,079
    Likes Received:
    3,818
    Trophy Points:
    113
    And just think where we could have been if the unvaccinated didn't accelerate the spread of the Delta variant
     
  13. Bullseye

    Bullseye Well-Known Member

    Joined:
    Feb 7, 2021
    Messages:
    12,372
    Likes Received:
    10,696
    Trophy Points:
    113
    Gender:
    Male
    Well, when ONE of those four years is a complete shut down (which Trump argued against) it's no surprise. Nice try at obfuscating the truth behind a Pro FauxJoe cloud.
     
    US Conservative and ButterBalls like this.
  14. cd8ed

    cd8ed Well-Known Member Past Donor

    Joined:
    Jul 19, 2011
    Messages:
    42,189
    Likes Received:
    33,087
    Trophy Points:
    113
    Gender:
    Male
    That is an excellent question that you should be asking your comrades trying to ascribe this to Biden…

    GDP growth is impacted by thousands of variables — many of which not directly influenced by POTUS
     
  15. notme

    notme Well-Known Member

    Joined:
    Nov 16, 2013
    Messages:
    42,019
    Likes Received:
    5,395
    Trophy Points:
    113
    The difference minus 3.7 and a plus 2,... is not remotely close to what Donald managed to do before covid. That is more succes Donald has ever had as a 1 term president.
     
  16. cd8ed

    cd8ed Well-Known Member Past Donor

    Joined:
    Jul 19, 2011
    Messages:
    42,189
    Likes Received:
    33,087
    Trophy Points:
    113
    Gender:
    Male
    Biden is still beating trump even if you delete the entire last 1.5 years of his presidency which is why I said:
    I would say nice try but that was pathetically weak and kinda sad
     
    Last edited: Oct 28, 2021
  17. Chrizton

    Chrizton Well-Known Member

    Joined:
    Aug 4, 2020
    Messages:
    7,791
    Likes Received:
    3,828
    Trophy Points:
    113
    Most of these ubber wealthy people are in technology. Don't use facebook and don't belong to Amazon prime. The only ones who may be able to pass it along are the Waltons but if they lose their competitive price advantage, I will just shop elsewhere.
     
  18. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,699
    Likes Received:
    38,035
    Trophy Points:
    113
    I think I'd avoid that too ;)
     
  19. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,699
    Likes Received:
    38,035
    Trophy Points:
    113
    Well played Sir :)
     
  20. Hoosier8

    Hoosier8 Well-Known Member Past Donor

    Joined:
    Jan 16, 2012
    Messages:
    107,541
    Likes Received:
    34,488
    Trophy Points:
    113
    Predicting 7 and getting 2.
     
    ButterBalls likes this.
  21. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,699
    Likes Received:
    38,035
    Trophy Points:
    113
    Well that was ridiculous :roll:
     
  22. archives

    archives Well-Known Member

    Joined:
    Nov 11, 2016
    Messages:
    5,079
    Likes Received:
    3,818
    Trophy Points:
    113
    Well, not really, look at the numbers for late Spring early Summer before the Delta variant emerged as the dominate strain
     
  23. FreshAir

    FreshAir Well-Known Member Past Donor

    Joined:
    Mar 2, 2012
    Messages:
    151,120
    Likes Received:
    63,357
    Trophy Points:
    113
    we sure are a long ways away from 15 going on zero

    but more and more are getting their vaccines, so maybe soon
     
    Last edited: Oct 28, 2021
  24. 61falcon

    61falcon Well-Known Member

    Joined:
    Apr 27, 2018
    Messages:
    21,436
    Likes Received:
    12,227
    Trophy Points:
    113
    Gender:
    Male
    Considering we have well over 100 MILLION working age Americans voluntarily out of the workforce and as far as we can tell having no source of income, I am shocked that our GDP is as high as 2%. How can these deadbeats be in any way be contributing to our economy if they have no income???
     
  25. notme

    notme Well-Known Member

    Joined:
    Nov 16, 2013
    Messages:
    42,019
    Likes Received:
    5,395
    Trophy Points:
    113
    Recovery? The pandemic aint over. Biden inherited a total mess. Donald didn't even have a plan how to vaccinate people. lol
     

Share This Page