The unemployment rate Trump's last full month in office was 6.7% ( Dec. 2020)
3.2% inflation
- Thread starter Cypress
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The unemployment rate Trump's last full month in office was 6.7% ( Dec. 2020)
T. A. Gardner
Serial Thread Killer
Irrelevant. You too want to cherry-pick just the lockdown for Chinese Disease as your proof.
If you leave out the anomaly of the national lockdown, Trump's unemployment / employment numbers are as good or better than Biden's.
My question is, How much better would the economy be doing if Biden wasn't fucking things up like he is?
The biggest blunder Biden has made is spending somewhere around $2 trillion on trying to shift the US to a "Green" economy. Given the disaster that's becoming, Biden's economy sucks like a Kirby vacuum cleaner. Biden has produced the worst economy since Carter and 3 out of 4 Americans agree with that.
Trumpet
Verified User
T. A. Gardner
Serial Thread Killer
Prove it.
I understand and it is a problem. New people cant move here unless they inherited a lot of money, it is changing the character of the area. I hate it for that reason. My kids, who will inherit very little, wont be able to move here.
I am considering cashing out in a few years and moving away, I hate the entitled nature of the newcomers.
T. A. Gardner
Serial Thread Killer
Anecdote isn't evidence.
Trumpet
Verified User
Irrelevant. You too want to cherry-pick just the lockdown for Chinese Disease as your proof.
If you leave out the anomaly of the national lockdown, Trump's unemployment / employment numbers are as good or better than Biden's.
My question is, How much better would the economy be doing if Biden wasn't fucking things up like he is?
The biggest blunder Biden has made is spending somewhere around $2 trillion on trying to shift the US to a "Green" economy. Given the disaster that's becoming, Biden's economy sucks like a Kirby vacuum cleaner. Biden has produced the worst economy since Carter and 3 out of 4 Americans agree with that.
Sorry that the economy is not going your way.
I understand and it is a problem. New people cant move here unless they inherited a lot of money, it is changing the character of the area. I hate it for that reason. My kids, who will inherit very little, wont be able to move here.
I am considering cashing out in a few years and moving away, I hate the entitled nature of the newcomers.
T. A. Gardner
Serial Thread Killer
You're not sorry, you're pathetic. If the economy was going "my way" it'd be doing a shitload better than it is with Biden fucking things up.
It actually is a kind of evidence, just not a particularly reliable form of evidence.
Reagan (R) - Recession
Bush Sr. (R) - Recession
Clinton (D) - No Recession
Bush Jr. (R) - Recession (worst in history)
Obama -(D) - No recession
Trump - (R) - Recession
Biden - (D) - No Recession yet.
We are going to use the same metrics they used during the Trump regime: consumer price index, gross domestic product, and BLS nonfarm unemployment rate.
Goal post moving rejected.
T. A. Gardner
Serial Thread Killer
Anecdote isn't evidence.
cawacko
Well-known member
It backs the point the author makes and the data supports, that housing inflation is making home ownership (and even renting for some) even more difficult and why consumer confidence is falling even after good 3rd qtr economic data.
You left out Nixon, Eisenhower, and Hebert Hoover
I thought going back to 1980 was enough, but you might be correct.
Mr.Badguy
Super lefty
If Trump had stayed in office and had the exact same numbers they'd be praising him.
Even if he had MUCH MUCH worse numbers they would be praising him.
T. A. Gardner
Serial Thread Killer
Now, subtract the average inflation rate from the average GDP growth rate and you get whether the economy grew or shrank by President.