US economy: 3.3 shocking 4th quarter growth!!!

pawz

UW_Doog_Bot said:

Bob_C said:

HuskyBuck said:

Bob_C said:

The year 2023 grew 2.5% vs the killer 1.9% growth in 2022 vs 2021. Also, government spending as a % of GDP grew 3.5% vs 2022. It's booming all right.

Against the headwinds of the increased interest rates that was design to slow down the growth of the US economy, those numbers are blistering. Trump could barely pull those numbers with near zero interest rates.

Jesus christ.

Watching the Chinese economy implode and saying, "Hold my beer."

Can't wait for HuskyBuck to tell us we don't know enough about MMT.

Great call.

He learned everything you need to know about MMT from MSNBC. All you need to know in one sound bite.

HuskyBuck

Lol….I effing love it…..”Real Americans” cheer against America when good economic news comes out because it doesn’t match their narrative.

Man it must hurt. And PS, I get my news from Fox Business News! Look at the link I used! Some real geniuses in here, maybe that explains why their finances aren’t in order lolololol.

Fire_Marshall_Bill

33 trillion in debt and still going, 1.375 trillion deficit in '22, but throw money at Ukraine and Israel

inflation at 9.1 percent not long ago

10 million illegals, I mean "asylum seekers" in 3 years

nothing to be critical of at all

HuskyBuck

Fire_Marshall_Bill said:

33 trillion in debt and still going, 1.375 trillion deficit in '22, but throw money at Ukraine and Israel

inflation at 9.1 percent not long ago

10 million illegals, I mean "asylum seekers" in 3 years

nothing to be critical of at all

Deficits are a problem, no question about it. I 100% agree with you. But why are you calling it out now? Every single president in my lifetime has run a deficit minus Clinton for 2 years.

You must have been REALLY pissed off during the Trump years then? Right Bill? You're not a hypocrite are you?

UW_Doog_Bot

HuskyBuck said:

Fire_Marshall_Bill said:

33 trillion in debt and still going, 1.375 trillion deficit in '22, but throw money at Ukraine and Israel

inflation at 9.1 percent not long ago

10 million illegals, I mean "asylum seekers" in 3 years

nothing to be critical of at all

Deficits are a problem, no question about it. I 100% agree with you. But why are you calling it out now? Every single president in my lifetime has run a deficit minus Clinton for 2 years.

You must have been REALLY pissed off during the Trump years then? Right Bill? You're not a hypocrite are you?

Yes, many of us were. You weren't here hth.

Lots of us didn't like the Trump checks either.



What percentage of the 3.3% growth was the private sector as opposed to government spending increases made with money borrowed from future growth?

Bob_C

HuskyBuck said:

Fire_Marshall_Bill said:

33 trillion in debt and still going, 1.375 trillion deficit in '22, but throw money at Ukraine and Israel

inflation at 9.1 percent not long ago

10 million illegals, I mean "asylum seekers" in 3 years

nothing to be critical of at all

Deficits are a problem, no question about it. I 100% agree with you. But why are you calling it out now? Every single president in my lifetime has run a deficit minus Clinton for 2 years.

You must have been REALLY pissed off during the Trump years then? Right Bill? You're not a hypocrite are you?

Clinton never actually ran a true surplus. He borrowed from social security to show a fake surplus. It was still a good performance though relatively speaking.

HuskyBuck

Bob_C said:

HuskyBuck said:

Fire_Marshall_Bill said:

33 trillion in debt and still going, 1.375 trillion deficit in '22, but throw money at Ukraine and Israel

inflation at 9.1 percent not long ago

10 million illegals, I mean "asylum seekers" in 3 years

nothing to be critical of at all

Deficits are a problem, no question about it. I 100% agree with you. But why are you calling it out now? Every single president in my lifetime has run a deficit minus Clinton for 2 years.

You must have been REALLY pissed off during the Trump years then? Right Bill? You're not a hypocrite are you?

Clinton never actually ran a true surplus. He borrowed from social security to show a fake surplus. It was still a good performance though relatively speaking.

Regardless, even if you account for that then he came the closest to running that surplus but that wasn’t the point of my comment.

Calling out Biden now for deficit spending is disingenuous because everyone runs deficits. Trump did worse damage if that irritates you now.

Bob_C

HuskyBuck said:

Bob_C said:

HuskyBuck said:

Fire_Marshall_Bill said:

33 trillion in debt and still going, 1.375 trillion deficit in '22, but throw money at Ukraine and Israel

inflation at 9.1 percent not long ago

10 million illegals, I mean "asylum seekers" in 3 years

nothing to be critical of at all

Deficits are a problem, no question about it. I 100% agree with you. But why are you calling it out now? Every single president in my lifetime has run a deficit minus Clinton for 2 years.

You must have been REALLY pissed off during the Trump years then? Right Bill? You're not a hypocrite are you?

Clinton never actually ran a true surplus. He borrowed from social security to show a fake surplus. It was still a good performance though relatively speaking.

Regardless, even if you account for that then he came the closest to running that surplus but that wasn’t the point of my comment.

Calling out Biden now for deficit spending is disingenuous because everyone runs deficits. Trump did worse damage if that irritates you now.

Don't look at me, I voted for Ron Paul in 2008 and 2012.

WestlinnDuck

Bob_C said:

HuskyBuck said:

Fire_Marshall_Bill said:

33 trillion in debt and still going, 1.375 trillion deficit in '22, but throw money at Ukraine and Israel

inflation at 9.1 percent not long ago

10 million illegals, I mean "asylum seekers" in 3 years

nothing to be critical of at all

Deficits are a problem, no question about it. I 100% agree with you. But why are you calling it out now? Every single president in my lifetime has run a deficit minus Clinton for 2 years.

You must have been REALLY pissed off during the Trump years then? Right Bill? You're not a hypocrite are you?

Clinton never actually ran a true surplus. He borrowed from social security to show a fake surplus. It was still a good performance though relatively speaking.

Clinton also had to deal with an actual fiscal conservative republican speaker of the House in Newt.

RaceBannon

Buck can't connect the Reagan revolution to the good Clinton economy which continued the growth

W started two wars and then Obama brought the shitty policies that Biden brought back

Trump had a better economy.

And a growing lead daily