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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsUS GDP grows 4.9% in 3rd quarter
https://www.bea.gov/data/gdp/gross-domestic-productShocking beat of expectations and a great sign that the economy is resiliant and job growth and wage growth are going to remain strong. This is Bidenomics at work, when you build an economy from the ground up and middle out, everyone wins.
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US GDP grows 4.9% in 3rd quarter (Original Post)
Johnny2X2X
Oct 2023
OP
Kingofalldems
(40,276 posts)1. Kick and rec.
Happy Hoosier
(9,533 posts)2. How much you wanna bet....
That the NYT runs a story on how this is bad news for Democrats?
chicoescuela
(3,080 posts)4. And the stock market dumps again
Happy Hoosier
(9,533 posts)5. Terrible News Everybody!!!!
The economy is doing great! SELL! SELL! SELL!
Walleye
(44,797 posts)3. Economic pundits have been predicting and promising a recession ever since Biden was elected
And as our president says, didnt happen
Response to Walleye (Reply #3)
elocs This message was self-deleted by its author.
Walleye
(44,797 posts)7. Exactly, perfect analogy.
Johnny2X2X
(24,205 posts)8. Predictable, this spell trouble!
https://finance.yahoo.com/news/recessions-arent-just-the-other-side-of-growth-morning-brief-091831177.html
The can't help themselves, just cheering for a recession and then when the economy grows more than expected making up their own story of how this is bad.
Biden has averaged 3.1% growth. Trump averaged 2.5% growth BEFORE COVID!!!. With Covid Trump averaged 1.2% growth.
Biden has a better economy than Trump, period! Better growth, better jobs numbers, and better wage growth. Covid and greed induced inglation is the only negative and that's still been mostly tamed now.
The can't help themselves, just cheering for a recession and then when the economy grows more than expected making up their own story of how this is bad.
Biden has averaged 3.1% growth. Trump averaged 2.5% growth BEFORE COVID!!!. With Covid Trump averaged 1.2% growth.
Biden has a better economy than Trump, period! Better growth, better jobs numbers, and better wage growth. Covid and greed induced inglation is the only negative and that's still been mostly tamed now.