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.
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.
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?
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?
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.
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.
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.
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.
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.
I respect that. The one thing I respect about Ron Paul is that he stuck to his guns. He didn’t dance on both sides of the fence when it suited him.
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?
The fourth-quarter data provided more evidence that the recovery remains on solid footing. Consumer spending, the bedrock of the U.S. economy, grew at a 2.8 percent annual rate, only modestly slower than the prior quarter. The housing sector, which was battered by high interest rates in 2022 and early 2023, grew modestly for the second quarter in a row. Businesses stepped up their investment on equipment. Personal income rose faster than prices as the strong job market continued to benefit workers.
Gotta admit, watching you guys try to spin doctor this information has been more entertaining than the Barbenheimer double header!!!
Always great when consumer spending increases less than the inflation rate. Booming I say!
You gotta excuse SheDog……I already knew the guy can barely read.
Are you just the alt of @HHusky, or only his lover?
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?
So you practice whataboutism, while complaining about others doing it.
Wow. @HuskyBitch is a Hypocrite, too. Whaddayaknow?
Who could imagine that the federal government pumping hundreds of billions into the economy might lead to minimal growth?
With the taxpayer money being spent in government work projects, 10% GDP should be the expectation because this is unsustainable. Almost hope Biden wins so it will exacerbate the upcoming chaos and the fat, happy Democrats dependent on their government salaries/retirements/contracts will be blindsided by it.
Comments
He learned everything you need to know about MMT from MSNBC. All you need to know in one sound bite.
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.
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
You must have been REALLY pissed off during the Trump years then? Right Bill? You're not a hypocrite are you?
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?
Calling out Biden now for deficit spending is disingenuous because everyone runs deficits. Trump did worse damage if that irritates you now.
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
Nobel Peace Prize indeed.
Feels like a mistake
Wow. @HuskyBitch is a Hypocrite, too. Whaddayaknow?
Seems like she might even have taken the lead.
With the taxpayer money being spent in government work projects, 10% GDP should be the expectation because this is unsustainable. Almost hope Biden wins so it will exacerbate the upcoming chaos and the fat, happy Democrats dependent on their government salaries/retirements/contracts will be blindsided by it.
Off season best season.