Thursday GDP release will elevate Biden to elite status

[Rawley]

Nope. That's not even close to the average price in Los Angeles, lying shitbag.

Eat shit and choke on it, "lying shitbag"

AAA Gas Prices

 

[Concerned American]

What the fuck were those teachers doing in refusing to get the exemption.

Rolovitch's exemption was denied as many others were. Liar.

Where are you getting your information?

Read the link, moron, or can't you read either? Don't you know what "mandate" means?
Gov. Jay Inslee expanded the state's vaccine mandate to all K-12 and higher education employees after the superintendent asked him to.

 

[Aldo Raine]

Gas $4.59/gallon in Spokane so yep!

$3.23/gallon in Norton Ohio so NOPE!

 

[Aldo Raine]

But what was it the day Biden took office? Nevermind I found it for you.
2.259

Yup in the middle of a pandemic, thanks for playing though!

 

[Concerned American]

$3.23/gallon in Norton Ohio so NOPE!

$5.49/gallon in Seattle, WA so YEP!

 

[citygator]

Dude every economic report released under Biden looks pretty good the first week until it gets scrutinized and revised... but that doesn't stop Biden from gas lighting your ass over it first... just stay tuned a week or two....

Gaslighting. lol. You just did that. Is the job market strong, yes or no?

 

[Synthaholic]

Eat shit and choke on it, "lying shitbag"

AAA Gas Prices

This piece of dogshit doesn't know the difference between Los Angeles and California.

 

[Synthaholic]

Yup in the middle of a pandemic, thanks for playing though!

He's a fat, stupid slob who watches Newsmax all day.

 

[BluesLegend]

US Oil Production is at all time High!

Oh my, incredibly stupid statement ALERT! ^^^ Return when you learn the difference between producing a barrel of oil and the actual cost of producing a barrel of oil, refining it, transporting it and the price you pay under Bidenomics for a gallon of gas.

God IDIOT ALERT!!!

 

[g5000]

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.

Furman: From around April 2021 through the beginning of 2023, wages were rising less than inflation, so people were falling behind. This year wages have been outpacing inflation, so people are getting ahead.

If you look at the whole thing, people are now ahead of where they were prior to COVID. So wages have increased more than prices prior to COVID.

Where it gets tricky is, is the pace of increase—sort of, what people were used to—less of an increase in real wages than they were used to, or more of an increase [than they were used to.] . . . I think probably they’re a bit below trend. Which is to say, yes, people’s wages are outpacing inflation. But they were outpacing it by even more in the couple years before COVID, so there’s a real reason to be disappointed by where we are. . . .

But unambiguously, wages have risen more than prices.




Meanwhile, in 2017 when you thought things were going great, housing costs were skyrocketing.

2017 Was a Robust Year for the U.S. Housing Market, Zillow Says​

The value of the entire U.S. housing stock increased by 6.5 percent — or $2 trillion — in 2017, according to a report from Zillow. All homes in the country are now worth a cumulative $31.8 trillion.

The gain in home values was the fastest since 2013, when real estate was in the early stages of its recovery from the recession.





It wasn't any better in 2018:

Home prices are set to soar in 2018​

Sales prices jumped 7 percent annually in November, according to a new report from CoreLogic.

That is the third straight month at that pace, far higher than the price gains in the first half of 2017. Low supply and high demand are fueling the spurt and neither of those is expected to ease up anytime soon.


Behold The Mighty Housing Boom of 2018

Late in July, the S&P CoreLogic Case–Shiller U.S. National Home Price NSA Index tracked a 6.4 percent annual gain in home prices for May 2018.

Home prices hit 4-year high, projected to skyrocket in 2019​

I don't recall any Trumpies blaming their orange god for the giant inflation in home prices during the Trump years.

 

[Harry Dresden]

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.

you have already did this thread once.....and since then the prices of just about everything has gone up .....

 

[g5000]

Oh my, incredibly stupid statement ALERT! ^^^ Return when you learn the difference between producing a barrel of oil and the actual cost of producing a barrel of oil, refining it, transporting it and the price you pay under Bidenomics for a gallon of gas.

God IDIOT ALERT!!!

It really burns your ass the US is producing record oil, doesn't it, rube.

After all the lies about Biden you have been fed, this one really gets your goat.

 

[Rawley]

This piece of dogshit doesn't know the difference between Los Angeles and California.

Hey "dogshit":

​

Los Angeles-Long Beach​

	Regular	Mid	Premium	Diesel
Current Avg.	$5.546	$5.773	$5.903	$6.258

 

[Lesh]

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.

Interest rates are not at a 40 year high

Gas is well inder$4/ gal on average

GDP numbers are not “cooked up”

Most people are doing well. Jobs are plentiful. Wages are up. Inflation has come under control

People listen to retards like this and think OTHERS are not doing well. They themselves are doing OK

 

[Lesh]

I just googled this liar.
View attachment 848095

Why do you think assholes like Hawk lie about this?

 

[g5000]

40 year high interest rates.

A lie.

Homes are half as affordable as they were three years ago.

Another lie. And I don't recall you whining about skyrocketing home prices while Trump was in office.

Gas still over $4 / gal.

Strike three! The national average is well under four dollars.

No one is going to believe for a second that the economy is doing well, no matter what GDP numbers they cook up.

No one is going to believe for a second someone who lies the way you do.

 

[Nostra]

If that alleged growth rate is true (spoiler alert: it's not), why did tax receipts miss by about $600 billion?

ORANGE MAN BAD!

 

[Synthaholic]

Hey "dogshit":

​

Los Angeles-Long Beach​

	Regular	Mid	Premium	Diesel
Current Avg.	$5.546	$5.773	$5.903	$6.258

Cherry-picked, and no link.

You suck at this.

 

[lantern2814]

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.

The numbers will quietly be revised way down later as they hope nobody notices the actual bad numbers.

 

[Synthaholic]

Why do you think assholes like Hawk lie about this?

Because they lie about everything. They're Trumptards, trying to be like their daddy.