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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGIVE BIDEN CREDIT AS GDP REPORT SHOWS US HAS STRONGEST ECONOMY IN THE WORLD
GIVE BIDEN CREDIT AS GDP REPORT SHOWS US HAS STRONGEST ECONOMY IN THE WORLD
SARAH JONES FEATURED NEWS, JOE BIDEN, SARAH JONES THU, JUL 25TH, 2024
https://www.politicususa.com/2024/07/25/give-biden-credit-as-gdp-report-shows-us-has-strongest-economy-in-the-world.html
"SNIP............
President Joe Biden took a well-earned victory lap for the economy he and his Vice President Kamala Harris have overseen as the economy grew way above expectations at a 2.8% in the second quarter.
When I took office, we were in the midst of the worst economic crisis since the Great Depression. Todays GDP report makes clear we now have the strongest economy in the world, President Biden said in a statement sent to PoliticusUSA.
The President made sure to include the work of his Vice President and presumptive Democratic presidential nominee Kamala Harris while taking appropriate credit for the stunning turnaround the U.S. managed under their leadership.
Thanks to my and Vice President Harriss economic agenda, our economy grew a robust 2.8% over the last quarter, based on strong American consumers and business investment. Weve created nearly 16 million jobs, wages are up, and inflation is coming down. Were rebuilding the Nation and bringing manufacturing back to America.
..............SNIP"
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chicoescuela
(1,317 posts)The guy was so good he had a positive effect on the economy 3 1/3 years after leaving office. Asshole is brilliant.
Sarcasm
calimary
(83,367 posts)GREAT economic news. Repubs refuse to acknowledge it, but the joke's on them ANYWAY.
pansypoo53219
(21,438 posts)inflation + everything was deja vu. reagan's ekkkonomiks didn't help. inflation ALWAYS goes up after war. stop whining. it was 50% after the civil war. we had covid + afghanistan. it wasn't carter's fault, but ford's fed guy. the high inflation during reagan really hurt way more.
MHdude
(8 posts)Inflation didn't just happen here, it happened all over the industrial world after the OPEC embargo. 1973/1974 in Australia there were gas lines. That's where George Miller got the idea for the "Mad Max" movies. When the embargo ended inflation started going down. However high interest rates under Paul Volker made things even more painful.
pansypoo53219
(21,438 posts)a perfect storm.
Cha
(302,367 posts)Tarheel_Dem
(31,388 posts)![](/emoticons/applause.gif)
BoRaGard
(2,014 posts)![](/emoticons/hattip.gif)
B.See
(2,699 posts)as well as his other achievements.
2naSalit
(90,505 posts)A lot of credit for this and many past achievements for we the people and we had best not overlook or forget.
Johnny2X2X
(20,881 posts)By November, the entire country will give her full credit for all of Joe's achievments.
kwolf68
(7,564 posts)Or is the American dream dead and we are a shit hole country with a terrible economy?
Trump gonna probably take credit and the magaholes will believe him.
We need an actual media in this nation.