If they did so well, why did she lose so badly?you and bill are the ones like nuance on the econ position.
The US econ did better then all our peers the prior 4 years.
Now compare against our peers on Tiny T's record so far.
If they did so well, why did she lose so badly?you and bill are the ones like nuance on the econ position.
The US econ did better then all our peers the prior 4 years.
Now compare against our peers on Tiny T's record so far.
because doing better then your peers doesn't mean people weren't still struggling during the recovery.If they did so well, why did she lose so badly?
So, why didn't Kamala do the things she bragged she would do before the election?because doing better then your peers doesn't mean people weren't still struggling during the recovery.
Let me help you. All paid for with borrowed money.The Biden Administration Handed Over a Strong Economy
1. Economic growth surpassed expectations
The path of economic growth in 2024 again defied expectations. In both 2023 and 2024, real gross domestic product (GDP)—the typical measure for the total value of the economy, accounting for inflation—exceeded major public and private forecasts. (see Figure 1)
2. Stronger productivity growth returned despite a global slowdown
Productivity growth—producing more with the same or fewer inputs—is key to future prosperity. Productivity helps raise incomes, improve overall economic health, and increase government revenues, providing greater capacity for governments to address pressing challenges such as climate change and an aging society.
The acceleration of labor productivity growth—the change in output per hour worked—defied expectations for 2023 and 2024. (see Figure 2) Although productivity growth typically slows over a business cycle, it averaged 2.3 percent from September 2022 to September 2024, compared with an average of 1.4 percent from December 2019 to September 2022.
3. Inflation was tamed without a recession
Inflation has been the dominant feature of post-pandemic economies across the globe, partially stemming from pandemic-related supply-side bottlenecks. This is being brought under control, while simultaneously avoiding the sluggish growth experienced by many other advanced economies. Inflation fell from 7.2 percent in June 2022 to 2.4 percent in November 2024. (see Figure 3)*** Inflation has continued to cool in the past six months, with CAP analysis showing an annualized rate of around 2 percent.
4. Workers benefited from the strongest labor market in generations
Several indicators point to the continuing strength of the labor market, which has delivered gains from stable employment and sustained wage growth for working families.
The unemployment rate—at 4.1 percent as of December 2024—has been at or below 4.3 percent since November 2021. Moreover, it has been at or below 4 percent for 30 of the past 38 months. This long a period of low unemployment has not been seen since the late 1960s. In 2024, the prime-age employment-to-population (EPOP) ratio—a key measure of employment that accounts for demographic change—pushed beyond pre-pandemic levels, reaching highs not seen since 2001.****
5. Households, especially those limited by prior barriers, saw substantial wealth gains
The strong economy has generated substantial wealth gains across a wide spectrum of households. On average, net household wealth as a percentage of after-tax income reached a peak in March 2022 and has remained far above the long-term average. (see Figure 5)
Conclusion
Key economic indicators highlight continually strong economic performance in recent years, and 2024 is no exception. Looking ahead, analyses from Goldman Sachs and Moody’s in 2024 predicted that retaining current policy settings would continue favorable macroeconomic performance in future years. However, increased tariffs—as proposed by the new administration—are expected to worsen economic performance, particularly over the next two years, with increased inflation and lower GDP growth.***** Although current data highlight an economy that is at its strongest in decades, future policies may put this positive trajectory at risk.
Dude what a left wing rag.The Biden Administration Handed Over a Strong Economy
1. Economic growth surpassed expectations
The path of economic growth in 2024 again defied expectations. In both 2023 and 2024, real gross domestic product (GDP)—the typical measure for the total value of the economy, accounting for inflation—exceeded major public and private forecasts. (see Figure 1)
2. Stronger productivity growth returned despite a global slowdown
Productivity growth—producing more with the same or fewer inputs—is key to future prosperity. Productivity helps raise incomes, improve overall economic health, and increase government revenues, providing greater capacity for governments to address pressing challenges such as climate change and an aging society.
The acceleration of labor productivity growth—the change in output per hour worked—defied expectations for 2023 and 2024. (see Figure 2) Although productivity growth typically slows over a business cycle, it averaged 2.3 percent from September 2022 to September 2024, compared with an average of 1.4 percent from December 2019 to September 2022.
3. Inflation was tamed without a recession
Inflation has been the dominant feature of post-pandemic economies across the globe, partially stemming from pandemic-related supply-side bottlenecks. This is being brought under control, while simultaneously avoiding the sluggish growth experienced by many other advanced economies. Inflation fell from 7.2 percent in June 2022 to 2.4 percent in November 2024. (see Figure 3)*** Inflation has continued to cool in the past six months, with CAP analysis showing an annualized rate of around 2 percent.
4. Workers benefited from the strongest labor market in generations
Several indicators point to the continuing strength of the labor market, which has delivered gains from stable employment and sustained wage growth for working families.
The unemployment rate—at 4.1 percent as of December 2024—has been at or below 4.3 percent since November 2021. Moreover, it has been at or below 4 percent for 30 of the past 38 months. This long a period of low unemployment has not been seen since the late 1960s. In 2024, the prime-age employment-to-population (EPOP) ratio—a key measure of employment that accounts for demographic change—pushed beyond pre-pandemic levels, reaching highs not seen since 2001.****
5. Households, especially those limited by prior barriers, saw substantial wealth gains
The strong economy has generated substantial wealth gains across a wide spectrum of households. On average, net household wealth as a percentage of after-tax income reached a peak in March 2022 and has remained far above the long-term average. (see Figure 5)
Conclusion
Key economic indicators highlight continually strong economic performance in recent years, and 2024 is no exception. Looking ahead, analyses from Goldman Sachs and Moody’s in 2024 predicted that retaining current policy settings would continue favorable macroeconomic performance in future years. However, increased tariffs—as proposed by the new administration—are expected to worsen economic performance, particularly over the next two years, with increased inflation and lower GDP growth.***** Although current data highlight an economy that is at its strongest in decades, future policies may put this positive trajectory at risk.
I think one of the Hager Twins is on thereWell I at least named three. You named one as way out in front. I could have gone on but you would get the point if a named a hundred.
Our “allies”.
Dude what a left wing rag.
And the American people don't BELIEVE any of this.
That's why Kamala LOST.
man the Russian rehab propaganda machine is buzzing right now
No, Kamala lost because the democrats have zero platform other than identity insanity.If you don't like the message, why immediately blame the source? I haven't verified the source but if the facts are accurate, what kind of argument are you making?
Kamala lost because people think inflation only happened in the US, she wasn't selected through traditional means and she spent too much time catering to a portion of her base that most moderates couldn't care less about.
Remember when we were fed the line "yeah, all of our policies suck, but how's your 401k doing?", not hearing much of that at all.
As an independent with varying political opinions, this administration is off to one of the worst starts possible from nearly every aspect.
BingoThey are ALL on the spectrum
LOL Irish Beck's sock account outed!No, Kamala lost because the democrats have zero platform other than identity insanity.
And kamala was an insanely bad candidate, along with the press lied and gaslit the public for 4 years that Biden was doing cartwheels behind closed doors and if his debate performance wasn't as bad, they wouldve continued the gaslight.
The source is misleading tho. Adding govt jobs after just allowing ppl to return to work after covid wasn't economy growth. Lying about the border for 4 years until they couldn't anymore, and unhinged spending, without budgeting to start the term were major issues with inflation.
Also did you forget you weren't in your sock account here?
Now THAT'S funny. She would have raised taxes.
Final question, Sam.
If Kamala WOULD HAVE THIS ECONOMY ROLLING FINE, why didn't she do it for the last 4 years?
No, Kamala lost because the democrats have zero platform other than identity insanity.
And kamala was an insanely bad candidate, along with the press lied and gaslit the public for 4 years that Biden was doing cartwheels behind closed doors and if his debate performance wasn't as bad, they wouldve continued the gaslight.
The source is misleading tho. Adding govt jobs after just allowing ppl to return to work after covid wasn't economy growth. Lying about the border for 4 years until they couldn't anymore, and unhinged spending, without budgeting to start the term were major issues with inflation.
Also did you forget you weren't in your sock account here?
LOL Irish Beck's sock account outed!
Funny how I had both of them blocked.
And let me add to your list:
Chopping parts off kids
Teaching sexual perversion to kids
From Solomon to Trump. Two very smart and rich men. Tariffs aren't bad...in fact they're Biblical.
2 Chronicles 1 NKJ
17 They also acquired and imported from Egypt a chariot for six hundred shekels of silver, and a horse for one hundred and fifty; thus, [d]through their agents, they exported them to all the kings of the Hittites and the kings of Syria.
From the commentary of the Nelson NKJ Study Bible.....
.....this verse suggests that a chariot cost as much as four horses. they exported them: Solomon had a thriving business in horses and chariots. Because Israel was on the route from Asia and Africa, such goods would go through Israel and become subject to Solomon's heavy import and export taxes.
Good enough for Solomon.....good enough for me.
Our “allies”.
Russians are murdering Ukrainians for being Christian? Crucifying them and then blowing their heads off while praising Allah?
Do you ever get tired of being wrong? Of being in the wrong? Of not being able to make accurate comparisons?
It’s exhausting for us, so it must be doubly so for you.
weird how analysts didn't think that was an issue until trump came into office....Let me help you. All paid for with borrowed money.
I could live in a mansion with the best of everything for a period of time with borrowed money. Then, it would be over.
We, as a country, are at the “over” part.
You are quite the simpleton, it seems.
Everyone not in their sphere is a monolith of values they determine are evil.I'm against surgery for minors, I'm against teaching sexual perversion (within reason) to minors (I'd love an example of this in a real world clasroom) and I've never posted under another IP. You guys just love posting in this little echo chamber so much you have to shell up when someone disagrees.
Hell, I've probably posted in this thread less than twenty times in the 16 years I've been on this board. It's laughable.
While we're at it, I own firearms, I support cutting spending (primarily our albatross of defense spending but other programs too) and I think that Free Speech is our most important right.
But, please, keep assuming things.
You are also very proud of your pseudo intelligence.I'm against surgery for minors, I'm against teaching sexual perversion (within reason) to minors (I'd love an example of this in a real world clasroom) and I've never posted under another IP. You guys just love posting in this little echo chamber so much you have to shell up when someone disagrees.
Hell, I've probably posted in this thread less than twenty times in the 16 years I've been on this board. It's laughable.
While we're at it, I own firearms, I support cutting spending (primarily our albatross of defense spending but other programs too) and I think that Free Speech is our most important right.
But, please, keep assuming things.
That's not what Netanyahu says.
Are you saying you are taking Hamas' word for things?
You made your point, but you're wasting your time. VHCat70 will go round and round chasing his tail forever, to avoid taking the L. He can't do it, even though he KNOWS he's wrong. He is the goalpost moving king. And Simple Sam is the queen.
Yet, the voters were unhappy with the Biden/Harris team and kicked them to the curb in large part due to economic issues like inflation.The Biden Administration Handed Over a Strong Economy
1. Economic growth surpassed expectations
The path of economic growth in 2024 again defied expectations. In both 2023 and 2024, real gross domestic product (GDP)—the typical measure for the total value of the economy, accounting for inflation—exceeded major public and private forecasts. (see Figure 1)
2. Stronger productivity growth returned despite a global slowdown
Productivity growth—producing more with the same or fewer inputs—is key to future prosperity. Productivity helps raise incomes, improve overall economic health, and increase government revenues, providing greater capacity for governments to address pressing challenges such as climate change and an aging society.
The acceleration of labor productivity growth—the change in output per hour worked—defied expectations for 2023 and 2024. (see Figure 2) Although productivity growth typically slows over a business cycle, it averaged 2.3 percent from September 2022 to September 2024, compared with an average of 1.4 percent from December 2019 to September 2022.
3. Inflation was tamed without a recession
Inflation has been the dominant feature of post-pandemic economies across the globe, partially stemming from pandemic-related supply-side bottlenecks. This is being brought under control, while simultaneously avoiding the sluggish growth experienced by many other advanced economies. Inflation fell from 7.2 percent in June 2022 to 2.4 percent in November 2024. (see Figure 3)*** Inflation has continued to cool in the past six months, with CAP analysis showing an annualized rate of around 2 percent.
4. Workers benefited from the strongest labor market in generations
Several indicators point to the continuing strength of the labor market, which has delivered gains from stable employment and sustained wage growth for working families.
The unemployment rate—at 4.1 percent as of December 2024—has been at or below 4.3 percent since November 2021. Moreover, it has been at or below 4 percent for 30 of the past 38 months. This long a period of low unemployment has not been seen since the late 1960s. In 2024, the prime-age employment-to-population (EPOP) ratio—a key measure of employment that accounts for demographic change—pushed beyond pre-pandemic levels, reaching highs not seen since 2001.****
5. Households, especially those limited by prior barriers, saw substantial wealth gains
The strong economy has generated substantial wealth gains across a wide spectrum of households. On average, net household wealth as a percentage of after-tax income reached a peak in March 2022 and has remained far above the long-term average. (see Figure 5)
Conclusion
Key economic indicators highlight continually strong economic performance in recent years, and 2024 is no exception. Looking ahead, analyses from Goldman Sachs and Moody’s in 2024 predicted that retaining current policy settings would continue favorable macroeconomic performance in future years. However, increased tariffs—as proposed by the new administration—are expected to worsen economic performance, particularly over the next two years, with increased inflation and lower GDP growth.***** Although current data highlight an economy that is at its strongest in decades, future policies may put this positive trajectory at risk.
3
Cut it horizontally then two vertically.
Again, for the third time, WHAT tariffs? Can you be specific? Which ones are active and how long? You keep stepping on your dick with this stupid talking point.