He and his retards deserve every bit of pain for it as well. Unfortunately for the Pantshitter, it's not being received very well by most intelligent Americans.
Wow! 800,000 jobs added
- Thread starter BSC911
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Not sure what's funnier, your made up inflation stats or that fact that you still don't understand that GDP is a measurement of real growth, not nominal, so it is net of inflation. I explained this to you on another thread weeks ago but you obviously are having a hard time grasping the concept.That's actually quite astute. Real inflation is running about 20% no matter what the .Gov is telling us. Ask anyone who grocery shops, buys gas, or is in construction. What good is it if the GDP is running 5% above normal when we're underwater overall?
You can fool some of the people, some of the time, but fortunately not everyone is as dense as BScuck.
The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods. Net domestic product accounts for capital that has been consumed over the year in the form of housing, vehicle, or machinery deterioration.
Would you like to back up and slowly walk away? Not one damn thing in the calculation has to do with inflation. 🤣
Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. In other words, it doesn't strip out inflation or the pace of rising prices, which can inflate the growth figure.
You can fool some of the people, some of the time, but fortunately not everyone is as dense as BScuck.
The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods. Net domestic product accounts for capital that has been consumed over the year in the form of housing, vehicle, or machinery deterioration.
Would you like to back up and slowly walk away? Not one damn thing in the calculation has to do with inflation. 🤣
Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. In other words, it doesn't strip out inflation or the pace of rising prices, which can inflate the growth figure.
You're really embarrassing yourself. Please read what you wrote, no one mentioned nominal GDP. The 5% GDP we will grow in 2021 is a real GDP number.
Real Gross Domestic Product
View the annual rate of economic output, or the inflation-adjusted value of all new goods and services produced by labor and property located in the U.S.
fred.stlouisfed.org
Don't know how you do it. I come on here every couple weeks, and after an hour I want to bang my head on the wall, and I'm a lifelong Republican (at least before the party turned into MAGA lunatics).
You literally have to be the most ignorant financial guy I’ve ever seen. No wonder you are just a bean counter.You can fool some of the people, some of the time, but fortunately not everyone is as dense as BScuck.
The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods. Net domestic product accounts for capital that has been consumed over the year in the form of housing, vehicle, or machinery deterioration.
Would you like to back up and slowly walk away? Not one damn thing in the calculation has to do with inflation. 🤣
Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. In other words, it doesn't strip out inflation or the pace of rising prices, which can inflate the growth figure.
60% disapproval of this economy, according to Brandon Covid was defended in July '21, still 1,600-2,000 reported deaths a day and this economy has been propped up with trillions of dollars pumped into it. Inflation is through the roof if you haven't heard. Our president can't even hardly put a single sentence together but everything's great because the stock market continues to do well and we added jobs. At some point all those people who have been getting unemployment or going to have to go back to work. Keep pumping Sunshine buddy but Democrats are about to get destroyed in the midterms for a reason.
Private job growth totals 807,000 in December, more than doubling expectations, ADP says
Private job growth totaled 807,000 for the month, well ahead of the Dow Jones estimate for 375,000 and the November gain of 505,000.www.cnbc.com
The Biden 💥 continues despite being in the middle of a pandemic. All Trump did was make excuses while losing 22 million jobs.
Stock market up 28%, jobs being added at record levels, wages rising. Why are Trumpers so angry all the time?
Oh well, I guess sore losers just can’t stand prosperity.
It seems the president isn’t the only one who can’t put a sentence together. Your post makes no sense. You write like a child. Go back and edit your post, write like an adult, and then maybe I’ll respond to you.
And today, they will use the anniversary of "JAN 6TH" to push ending the filibuster and push the voting right bills. Funny, they keep screaming voter suppression, but we had a record 153,000,000+ votes cast the last election. The States with voter ID or witness signature requirements, had record #s of registrations and votes. SO WHERE IS THIS VOTER SUPPRESSION they keep screaming about ?????
Oh wait, I figured it out, they are screaming because the WANT to suppress Conservatives and Repub votes. I get it now.
You are one delusional farce fake internet persona, caught in so many lies we've lost count. And to make matters even funnier, we have a RINO who is just as clueless, but more dangerous because some people might actually believe him. Inflation is the highest it's been since 1982, fueled by the Carter Depression. Cheap money and .Gov free shit infusions are going implode the economy unseen since the 2008 recession. When the FED puts the brakes on, it's going to get ugly. What's astounding is the Dimtards want to keep the $$ printing presses on while the national debt goes through the roof. Fiscal insanity. The goal is to Make America Venezuela.
Fed snatches the punch bowl away from Wall Street's party
On Wall Street, there’s an old saying that refers to the market’s reaction to Federal Reserve policy that may be negative for stocks, and implies that investors are having the time of their lives.
Brandon's live on TV shitting his pants again, celebrating the world's first unarmed revolution.
Everything you posted about the Fed and national debt is true, but also applies to the Trump administration, and to a greater extent. I wasn't on this board back then, but I'm going to guess there wasn't much complaining as the national debt grew from $20T to $28T under Trump.You are one delusional farce fake internet persona, caught in so many lies we've lost count. And to make matters even funnier, we have a RINO who is just as clueless, but more dangerous because some people might actually believe him. Inflation is the highest it's been since 1982, fueled by the Carter Depression. Cheap money and .Gov free shit infusions are going implode the economy unseen since the 2008 recession. When the FED puts the brakes on, it's going to get ugly. What's astounding is the Dimtards want to keep the $$ printing presses on while the national debt goes through the roof. Fiscal insanity. The goal is to Make America Venezuela.
Fed snatches the punch bowl away from Wall Street's party
On Wall Street, there’s an old saying that refers to the market’s reaction to Federal Reserve policy that may be negative for stocks, and implies that investors are having the time of their lives.finance.yahoo.com
It's true inflation is high, with US consumers paying 5.7% more compared to a year ago (https://www.bea.gov/data/personal-consumption-expenditures-price-index). What we never hear from the MAGA inflation hawks is how Biden caused this. If you think these supply chain issues began in January 2021 you're nuts.
Inflation is high in every country in the world, and if you compare the US dollar to other currencies (DXY index) you'll see that the US dollar actually appreciated 7% over the last year, so we've done a better job at maintaining the value of our currency than other countries (https://www.marketwatch.com/investing/index/dxy).
I know many believe Biden should be doing something to fix the supply chain issues, and in regards to oil, that Biden should be forcing our private energy industry to increase their production, ignoring that oil production has increased by 900k barrels per day since Biden took office. He doesn't deserve credit for that, because the government doesn't control oil production in this country like the Saudis do. https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRFPUS2&f=W
We have a private energy industry, as well as international supply chains and ports controlled by private companies, but now this current version of the Republican party wants the Federal Government to interfere with private energy and transport markets? And you're calling me a RINO?
It just boogles the mind. Months and Months of armed violent Antifa and BLM protests that turned into riots with looting and burning, attacks on a Federal Courthouse, autonomous zones created taking up blocks and blocks of cities, citizens/residents of those cities living in fear, murders, rapes etc., and nothing from the DOJ or Congress, no special committees no investigations or even the MSM was bascially quite or claiming everything was peaceful.Brandon's live on TV shitting his pants again, celebrating the world's first unarmed revolution.
But 3 or 4 hours of unarmed peaceful protesters and a few violent idiots and the world has ended and the Government almost fell, endless investigations etc., and NOW the DEMS are trying to use it as a catalyst to end the filibuster and pass voting laws which will make it 100% easier to cheat at elections.
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The Dimms can't secure Portland and Kabul. You expect them to secure DC?
You can't blame that BS on Trump. Trump wanted a half trillion dollar stimulus in April 2020. Botox Nan would have NO part of that. Free shit for everyone! It was an election year to boot, it was a no win proposition for him. So he didn't veto the porkulus.
This Pantshitter is UNBELIEVABLE. WTF????
WTF????UPDATE 2-White House says COVID stimulus talks ongoing but economy strong
UPDATE 2-White House says COVID stimulus talks ongoing but economy strong
The White House is in constant ongoing dialogue with U.S. lawmakers and others on COVID-19 stimulus funding but the current economy appears strong, the White House spokeswoman said on Wednesday. "We are in a very different place than we were a year ago or six months ago," Jen Psaki told...
www.yahoo.com
UPDATE 2-White House says COVID stimulus talks ongoing but economy strong
The White House is in constant ongoing dialogue with U.S. lawmakers and others on COVID-19 stimulus funding but the current economy appears strong, the White House spokeswoman said on Wednesday. "We are in a very different place than we were a year ago or six months ago," Jen Psaki told...
Derp. You thought that people quitting their jobs for high ing paying jobs elsewhere was a bad thing, and then post year old economic data.You are one delusional farce fake internet persona, caught in so many lies we've lost count. And to make matters even funnier, we have a RINO who is just as clueless, but more dangerous because some people might actually believe him. Inflation is the highest it's been since 1982, fueled by the Carter Depression. Cheap money and .Gov free shit infusions are going implode the economy unseen since the 2008 recession. When the FED puts the brakes on, it's going to get ugly. What's astounding is the Dimtards want to keep the $$ printing presses on while the national debt goes through the roof. Fiscal insanity. The goal is to Make America Venezuela.
Fed snatches the punch bowl away from Wall Street's party
On Wall Street, there’s an old saying that refers to the market’s reaction to Federal Reserve policy that may be negative for stocks, and implies that investors are having the time of their lives.
Then you don’t even realize that Trump exploded the budget deficit greater than any president in history, even more than big spender Obama.
Maybe you should try another gif or meme, because you sure cant argue economics.
It’s crazy that people call themselves conservatives and then expect big government Biden to fix all of their problems. I guess they think we should be like Venezuela or Kazakstan where the government sets the price of gasoline.
You really are delusional. You're the guy that said Biden wasn't responsible for high gas prices then took a victory lap when the price came down 8 cents (even though still 1.25 more than under Trump) 🤣
Trump didn't explode the debt. Congress did, the President doesn't legislate spending, even though Biden ran on making us Venezuela. Hopefully enough congressmen will hold the fort down and tell Brandon to go eff himself.
You are so far in over your head it’s laughable. Like Trump didn’t sign the Bills. Hell, he even wanted his name on the checks. Your Trump glasses are affecting your brain again.
And it’s obvious to anyone other than a fool that I was mocking you guys in that thread. You bought it Hook, line and sinker. I may have to resurrect it again.
Try another meme, Epstein.
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You weren't mocking. You're a victim of your own bullshit. 🤣
Brandon ran on eliminating fossil fuels and shutting down pipelines. Fast forward, then he backpedaled (and the left howled like wounded buffalo). Then he put on his kneepads and begged the Saudis to increase production. You really can't make this crap up. 🤣
See what I mean. You obviously understand nothing about the oil and gas business so your takes are laughable. You are a political hack so see everything in terms of politics instead of economics.
And yes, we mock your naivety. It’s so transparent.
Says the idiot that claimed the US lost energy independence under Trump when in fact we were not energy independent UNTIL Trump turned things around. 🤣
Quoted for posterity, in case you tried to delete it.
Says the idiot that claimed the US lost energy independence under Trump when in fact we were not energy independent UNTIL Trump turned things around. 🤣
Quoted for posterity, in case you tried to delete it.
Nothing is more miserable than those wishing destruction on the USA. Your comrade Bernie joins with you on making America Venezuela.
Are you defining the growth or decline of the economy with GDP?
Because I'm seeing -3.6% in several places for 2020. That's incredible given the sheer size of the US economy.
Meanwhile, the second largest economy in the world was up 2.3%. As the Church Lady used to say...how convenient.
Don't we normally see a pretty crappy Jan jobs report as seasonal employment ends?
In other words, isn't it fools gold to get excited about beating a jobs number in Nov/December when:
1) Labor force participation is down
2) The economy is trying to grow out of a negative 2020
3) Seasonal employment therefore represents a bigger spike relative to the entire job market than it would in a normal year
I have ZERO data, just spitballing.
Not really. Every report is seasonally adjusted to account for this. Nov and Dec employment reports are adjusted down from the actual jobs gained to account for holiday hiring, while January will see adjustments upward to account for layoffs after the holidays. I'd need to look up how the adjustments come out for other months. This is done so you can make apples to apples comparisons to jobs gains from month to month.
The economy is doing great. Just walk into your local Publix and you can see for yourself how amazing it is right now.
I'm not being dramatic, but I haven't seen Woodford Reserve, Knob Creek or any number of other mid--tier bourbons in about 3-4 months in VA. I can get Bulleit, but I don't like it.
Last Sunday my wife couldn't get lettuce (literally of any type) or hamburger buns at Martin's. I don't know if that situation is just in the Mid Atlantic or everywhere. My buddies in OK have no bourbon shortages to speak of, so maybe it's just here.
LOL I was in Publix a week ago. Went to grab a bag of fries: Entire section was wiped. Only fries left were $5.09 a bag.
They cost half that under Trump. But @CFAGator tells us that's when the economy was terrible.
Shopped at Costco last night (I live in MD). They had a ton of empty shelves or low on stock items. Also, they were out of fries.
The voices in your head are getting out of control again. I've literally never once said the economy was terrible under Trump.
And your first thought was 'Wow that @CFAGator goob was right, the economy really is booming!'
Right? LOL
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