It is a little more like having a score of 200-0 at the end of the game. 6.9% growth is not "GDP dropping", it is GDP rising at a very fast pace.
Biden Economy
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It is a little more like having a score of 200-0 at the end of the game. 6.9% growth is not "GDP dropping", it is GDP rising at a very fast pace.
LOL, did you think you were speaking to an audience? Too funny. Would be happy to debate economics with you any time, pal. But you won't. No conservative ever does. It's all partisan bullshit, all the time. Here's the point, since it completely escaped you. No single piece of economic news, no statistics, mean anything in isolation. Unemployment numbers are used here for one purpose, and one purpose only. To make a hyperpartisan point. Let's take you for example. Yes, U-3 rose, but that's because more people decided to start looking for work. It isn't the result of layoffs, it isn't the result of an economic downturn. So I consider that GOOD news, not bad news. Our unemployment rate is very low right now, especially considering that people have not felt safe at work. More people are now seeing that light at the end of the tunnel, wages have risen 6% in the last year, and that is, of course going to drive more people back into the labor market. People are working less and making more. And I should call that bad? Only a fucking moron would think that is some kind of Armageddon type news. Oh, sorry......
You want to discuss economics? I will carve you up like a Thanksgiving Turkey. But you won't. You will grab onto some isolated fact like a pit bull and demand an answer. That's your style. Have fun with it.
The stock market is not the economy. It is almost entirely detached from reality. If you were a successful investor, you would know that. But I guess you don't.
Recovering from an historic downturn required stimulus. Between that, and the pent up demand for goods that is now being realized, inflation was inevitable. Again if you understood that these numbers don't exist in a vacuum, you would get that. The reality is that our recovery is absolutely outstanding, SO good that the Fed will have to hit the brakes on it. Which of course is what a Central Banks job is. It will hurt the markets. But not because it's bad or good, but because stocks become less valuable compared to interest bearing investments. You don't seem to have a clue.
Stagnant GDP growth? ROTFLFMAO!!!!! Real GDP grew at an annual rate of 6.9% in the fourth quarter. I'd recommend Economics For Dummies.
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The United States' national debt surpassed a staggering $30 trillion — that's 30,000,000,000,000.00 — on Tuesday afternoon, another economic milestone of shame achieved under bungling Biden's budget-busting bumbling.
https://townhall.com/tipsheet/spencerbrown/2022/02/01/u-s-national-debt-passes-new-milestone-n
As even the failing New York Times admits, the United States is grappling with "soaring prices," another credit to bungling Biden's moronic mismanagement of the country's economy.
Inflation under the illegitimate bungling Biden regime — something it tried to erroneously explain away as "transitory" — has notched multiple highs for both consumers and upstream producers.
Inflation under the illegitimate bungling Biden regime — something it tried to erroneously explain away as "transitory" — has notched multiple highs for both consumers and upstream producers.
AAA explains how a recent decrease in demand and an increase in supply should have lowered prices, but increased costs for crude oil are causing consumer prices at the pump to rise:
Since Monday, the national average for a gallon of regular gasoline has increased by five cents to $3.41.
According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks grew by 2.1 million bbl to 250 million bbl last week" while on the other hand, gasoline demand dropped from 8.51 million b/d to 8.23 million b/d.
An increase in total stocks and a decrease in demand typically put downward pressure on pump prices, but rising crude prices continue to push prices higher instead. If crude prices continue to climb, pump prices will likely follow suit.
The increased fuel costs for American hit as the country weathers lasting inflation at a level not seen in four decades because bungling Biden and his hapless handlers have killed off American energy projects and made the United States dependent on foreign oil to meet demand at home.
https://townhall.com/tipsheet/spencerbrown/2022/02/04/gas-prices-hit-hight-not-seen-since-2014-n2602830
Since Monday, the national average for a gallon of regular gasoline has increased by five cents to $3.41.
According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks grew by 2.1 million bbl to 250 million bbl last week" while on the other hand, gasoline demand dropped from 8.51 million b/d to 8.23 million b/d.
An increase in total stocks and a decrease in demand typically put downward pressure on pump prices, but rising crude prices continue to push prices higher instead. If crude prices continue to climb, pump prices will likely follow suit.
The increased fuel costs for American hit as the country weathers lasting inflation at a level not seen in four decades because bungling Biden and his hapless handlers have killed off American energy projects and made the United States dependent on foreign oil to meet demand at home.
https://townhall.com/tipsheet/spencerbrown/2022/02/04/gas-prices-hit-hight-not-seen-since-2014-n2602830
Into the Night
Contributor
DEMOCRATS shut down the economy, dumbass.
Gas prices climb to highest level in more than 7 years as oil surges above $90
“Gas prices at the pump are up. We’re working to bring them down, but they’re up,” bungling Biden said Friday.
https://www.cnbc.com/2022/02/04/gas-prices-climb-to-highest-level-in-more-than-7-years-as-oil-surges-above-90.html
“Gas prices at the pump are up. We’re working to bring them down, but they’re up,” bungling Biden said Friday.
https://www.cnbc.com/2022/02/04/gas-prices-climb-to-highest-level-in-more-than-7-years-as-oil-surges-above-90.html
Poor Leroy. Nobody is paying any attention to him. 
Now "Democrats shut down the economy, tells us there "birdie," given that the majority of States were led by Republican Governors and Repbulican Legislatures, how did "Democrats shut down the economy"
Stringfellow Hawk
Member
attacks on energy projects such as pipelines. Fuel costs drive the costs of everything transported in this country. It is sad this has to be explained to you
Into the Night
Contributor
RQAA. Fear mongering.
Into the Night
Contributor
Crude prices are going up as well. A result of future oil production being curtailed by Biden.
Into the Night
Contributor
You can explain it 'till you are blue in the face. He won't believe you. He's fully immersed in the Church of Covid and must spend most of his time denying everything going on around him. Such is the life of a fundamentalist.
How did this supposed attacking pipelines prove Democrats shut down the economy as "birdie" claims?