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Lowering interest rates does not cause inflation. We had the lowest interest rates with Trump and had super low inflation.Those are the product of an economy doing very well...
Interest rates are high to reduce spending and thus lower inflation....
Just to show your fariness, could you explain how Trump increased borrowing and lowered taxes when
President Trump’s repeated claim: ‘The greatest economy in the history of our country’
When the economy is overheateing you try and restrict money not increase it... Lowering interest rates would increase inflation, why do you want higher inflation?
$5.60 here in Los Angeles.Gas $3.25/gallon in Akron so nope!
If that alleged growth rate is true (spoiler alert: it's not), why did tax receipts miss by about $600 billion?Thursday the government will release GDP figures to the nation. It is widely expected to be a stellar report leaving no hint at a 2023 recession and elevating Joe Biden into the position of an elite few who have presided over an economy that grew over 4%. Post your thanks below.
GDP bonanza: U.S. economy may have grown 5% in the third quarter
The U.S. economy has not only defied widespread predictions of a sharp slowdown. It's grown even faster.www.marketwatch.com
Economist survey: GDP growth of 4.3% in 3Q, fastest in nearly 2 years | Fortune
The American economic hot streak is just warming up.fortune.com
From Recession Fears to Too Good? What This Week’s GDP Data Will Tell Us - WSJ's Take On the Week - WSJ Podcasts
This week, we're looking ahead to the GDP data for the third quarter of 2023 to find out how much the American economy grew from July to September. Thanks to higher than expected numbers from the latest retail sales and jobs reports, economists have lowered the probability of a recession...www.wsj.com
The world’s largest economy probably expanded at the quickest pace in nearly two years during the third quarter on the back of a steadfast US consumer, a challenge for Federal Reserve officials who are debating whether additional policy tightening is needed.
Gross domestic product advanced at a 4.3% annualized pace in July-September, according to the median projection in a Bloomberg survey of economists. Such growth illustrates that the US remains the global economic powerhouse as Europe stagnates and Asia contends with a struggling China.
30 year high of delinquent car payments.
40 year high interest rates.
Homes are half as affordable as they were three years ago.
Gas still over $4 / gal.
No one is going to believe for a second that the economy is doing well, no matter what GDP numbers they cook up.
It’s $3.10 near me in south charlotte. $2.90 in South Carolina.Those are in S. Carolina. When I lived in Charlotte I always went to Carowinds for gas.
BS.......What Job....do share.I’ve got a job, despite Joe Biden trying to get me fired from my job for not taking an experimental clot shot. Only thanks to some Trump appointed judges do I still have my job.
Thank Trump for that money printing.Lowering interest rates does not cause inflation. We had the lowest interest rates with Trump and had super low inflation.
Printing trillions of dollars and growing the money supply exponentially is what causes inflation.
You people are ridiculous.
Trump never ran a deficit nearing $2 trillion, hackasaurus rex.Thank Trump for that money printing.
I do, all of that was developed under trump, but why don’t you hold Biden accountable as well? He was the one who forced it on everyone.BS.......What Job....do share.
Teachers in WA, we NOT fired.
Why don't you CLOWNS hold trump accountable for the shot? Warp Speed...LOLOL
Gas $4.59/gallon in Spokane so yep!Gas $3.25/gallon in Akron so nope!
Exactly....There's a reason Yellen delayed releasing the numbers for over two weeks.Cooking the books again.
Where?Good for you, you live in a nice red state.
Meanwhile the rest of America is paying a lot more.
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Yes he did.Trump never ran a deficit nearing $2 trillion, hackasaurus rex.
It wasn't overheated until Biden policies raised fuel prices, minimum wages, and the resultant inflation, moron.When the economy is overheateing
Scoreboard says different.Elite? no
Stupid? yes
Senile? yes
Because Piglosi/Democrat congress and, since you weren't paying attention, teachers in WA WERE fired for not receiving covid shots or exemptions. Did you forget about Nick Rolovich? Try again. Nearly 90% of Washington state's school employees are compliant with COVID-19 vaccine mandate Any more questions? BTW, are you trying to impress everyone with WA's teacher excellence? No wonder Johnny can't read or write.BS.......What Job....do share.
Teachers in WA, we NOT fired.
Why don't you CLOWNS hold trump accountable for the shot? Warp Speed...LOLOL
President Biden is now supposed to pay your car loan for you, too?30 year high of delinquent car payments.
40 year high interest rates.
How is that President Biden's fault? He's not your realtor.Homes are half as affordable as they were three years ago.
Where the fuck do you live, Hawaii? Because the most common price for gas right now across the country is $2.99Gas still over $4 / gal.