President Biden has increased the U.S. GDP!

[gemini104104]

What was the US GDP in 2021?
Image result for President Biden add to the gdp
$22.99 trillion
Current-dollar GDP increased 10.0 percent, or $2.10 trillion, in 2021 to a level of $22.99 trillion, in contrast to a decrease of 2.2 percent, or $478.9 billion, in 2020 (tables 1 and 3)."

Gross Domestic Product, Fourth Quarter and Year 2021 (Advance Estimate)
Real gross domestic product (GDP) increased at an annual rate of 6.9 percent in the fourth quarter of 2021 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 2.3 percent.

The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (refer to "Source Data for the Advance Estimate" on page 4). The "second" estimate for the fourth quarter, based on more complete data, will be released on February 24, 2022."

https://www.bea.gov/news/2022/gross-domestic-product-fourth-quarter-and-year-2021-advance-estimate

 

[Earl]

“Real” hourly earnings (wage growth minus inflation) fell by 1.7% from January 2021 to January 2022, the U.S. Department of Labor said Thursday. Employers have raised pay to attract workers in a competitive job market.Feb 10, 2022

Inflation eroded pay by 1.7% over the past year - CNBC
https://www.cnbc.com › 2022/02/10 › inflation-eroded-pa..

 

[Matt Dillon]

What was the US GDP in 2021?
Image result for President Biden add to the gdp
$22.99 trillion
Current-dollar GDP increased 10.0 percent, or $2.10 trillion, in 2021 to a level of $22.99 trillion, in contrast to a decrease of 2.2 percent, or $478.9 billion, in 2020 (tables 1 and 3)."

Gross Domestic Product, Fourth Quarter and Year 2021 (Advance Estimate)
Real gross domestic product (GDP) increased at an annual rate of 6.9 percent in the fourth quarter of 2021 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 2.3 percent.

The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (refer to "Source Data for the Advance Estimate" on page 4). The "second" estimate for the fourth quarter, based on more complete data, will be released on February 24, 2022."

https://www.bea.gov/news/2022/gross-domestic-product-fourth-quarter-and-year-2021-advance-estimate

"Up" from total Coronavirus shutdown is nothing to crow about, fucktard.

"The first thing we must remind the president is that a recovery from a massive crisis is not “growth.” Unfortunately, this marketing tactic is not new. When Biden was vice president under Barack Obama, they always compared growth and jobs of the president’s tenure excluding the first year, 2009. Presidents tend to compare their figures favorably, but to talk about 2021 as the “fastest economic growth in nearly four decades” is misleading."

https://www.silverdoctors.com/headlines/world-news/bidens-historic-growth-is-no-such-thing/