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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBy Trump standards, Biden scored a 'shocking' economic victory
President Biden is delivering on his promises.
Link to tweet
https://www.msnbc.com/rachel-maddow-show/maddowblog/trump-standards-biden-scored-shocking-economic-victory-rcna54487?cid=sm_npd_ms_tw_ma
Americans received some encouraging economic news yesterday, with new data showing economic growth bouncing back over the summer. After disappointing data from the first part of the year, the Bureau of Economic Analysis reported that the GDP grew at a 2.6% annualized rate, exceeding expectations.
Several Republican leaders responded to the good news by pretending not to notice it, but HuffPost noted that some prominent GOP lawmakers took the time to downplay the data.
.....Five years ago, Trumps Commerce Department released a similar GDP report, and it showed you guessed it 2.6% quarterly economic growth. (As it turns out, that 2.6% figure was a preliminary estimate that was later revised down to 2%, but lets put that aside for now.)
The then-president eagerly boasted about the data, telling reporters, 2.6 is a number that nobody thought theyd see for a long period of time. The Republican complained that news organizations hadnt talked enough about it, adding, 2.6 is an unbelievable number......
But five years later, the question for Republicans remains the same: If 2.6% quarterly growth was amazing under Trump, why isnt it similarly shocking under Biden?
Several Republican leaders responded to the good news by pretending not to notice it, but HuffPost noted that some prominent GOP lawmakers took the time to downplay the data.
Economists said the third-quarter GDP report showed an overall healthy economy, with strong consumer spending and business investment, along with hints of slowing inflation. Republicans still pooh-poohed it. Rep. Kevin Brady (R-Texas), the top Republican on the Ways and Means Committee, claimed Thursday that economists have dumbed down economic projections to reflect [Bidens] struggling policies.
.....Five years ago, Trumps Commerce Department released a similar GDP report, and it showed you guessed it 2.6% quarterly economic growth. (As it turns out, that 2.6% figure was a preliminary estimate that was later revised down to 2%, but lets put that aside for now.)
The then-president eagerly boasted about the data, telling reporters, 2.6 is a number that nobody thought theyd see for a long period of time. The Republican complained that news organizations hadnt talked enough about it, adding, 2.6 is an unbelievable number......
But five years later, the question for Republicans remains the same: If 2.6% quarterly growth was amazing under Trump, why isnt it similarly shocking under Biden?
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By Trump standards, Biden scored a 'shocking' economic victory (Original Post)
LetMyPeopleVote
Oct 2022
OP
at140
(6,110 posts)1. The umpire will soon rule on that
on November 8th. I would ignore opinion articles. American voters are in better position to judge.
SleeplessinSoCal
(9,116 posts)2. We know their game because we are democratic underground.
How do we get this info up where everyone knows about it?