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applegrove

(121,299 posts) Fri Jul 26, 2024, 01:21 AM Jul 26

GIVE 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. Today’s 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 Harris’s economic agenda, our economy grew a robust 2.8% over the last quarter, based on strong American consumers and business investment. We’ve created nearly 16 million jobs, wages are up, and inflation is coming down. We’re rebuilding the Nation and bringing manufacturing back to America.”

..............SNIP"

12 replies

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GIVE BIDEN CREDIT AS GDP REPORT SHOWS US HAS STRONGEST ECONOMY IN THE WORLD (Original Post) applegrove Jul 26 OP

Thank you former president tsf, of course chicoescuela Jul 26 #1

And yet again, Biden's superpower sneaks in: being almost perpetually underestimated. calimary Jul 26 #2

i am close to finishing an 80's book on the fed, secrets of the tomb by grieder + we clearly have been in the same pansypoo53219 Jul 26 #3

OPEC embargo MHdude Jul 26 #8

only a part. the ford fed guy let up on money, to pimp the economy so he could keep the job + nam ending. pansypoo53219 Jul 28 #12

Biden has it from me.. LO'D just reported it too. TY Cha Jul 26 #4

I applaud my POTUS for his steady leadership. Tarheel_Dem Jul 26 #5

Thank you Joe and Democrats BoRaGard Jul 26 #6

Some of us have been trumpeting Biden's economy for months now B.See Jul 26 #7

He deserves... 2naSalit Jul 26 #9

Joe is going to be Kamala's ace in the hole Johnny2X2X Jul 26 #10

Has it been reported far and wide kwolf68 Jul 26 #11

chicoescuela

(1,317 posts)

1. Thank you former president tsf, of course

Reply to applegrove (Original post)

Fri Jul 26, 2024, 01:33 AM

Jul 26

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)

2. And yet again, Biden's superpower sneaks in: being almost perpetually underestimated.

Reply to applegrove (Original post)

Fri Jul 26, 2024, 01:47 AM

Jul 26

GREAT economic news. Repubs refuse to acknowledge it, but the joke's on them ANYWAY.

pansypoo53219

(21,438 posts)

3. i am close to finishing an 80's book on the fed, secrets of the tomb by grieder + we clearly have been in the same

Reply to applegrove (Original post)

Fri Jul 26, 2024, 04:01 AM

Jul 26

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)

8. OPEC embargo

Reply to pansypoo53219 (Reply #3)

Fri Jul 26, 2024, 09:43 AM

Jul 26

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)

12. only a part. the ford fed guy let up on money, to pimp the economy so he could keep the job + nam ending.

Reply to MHdude (Reply #8)

Sun Jul 28, 2024, 12:18 PM

Jul 28

a perfect storm.

Cha

(302,367 posts)

4. Biden has it from me.. LO'D just reported it too. TY

Reply to applegrove (Original post)

Fri Jul 26, 2024, 04:17 AM

Jul 26

Tarheel_Dem

(31,388 posts)

5. I applaud my POTUS for his steady leadership.

Reply to applegrove (Original post)

Fri Jul 26, 2024, 04:45 AM

Jul 26

BoRaGard

(2,014 posts)

6. Thank you Joe and Democrats

Reply to applegrove (Original post)

Fri Jul 26, 2024, 04:59 AM

Jul 26

B.See

(2,699 posts)

7. Some of us have been trumpeting Biden's economy for months now

Reply to applegrove (Original post)

Fri Jul 26, 2024, 05:38 AM

Jul 26

as well as his other achievements.

2naSalit

(90,505 posts)

9. He deserves...

Reply to applegrove (Original post)

Fri Jul 26, 2024, 02:53 PM

Jul 26

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)

10. Joe is going to be Kamala's ace in the hole

Reply to applegrove (Original post)

Fri Jul 26, 2024, 03:08 PM

Jul 26

By November, the entire country will give her full credit for all of Joe's achievments.

kwolf68

(7,564 posts)

11. Has it been reported far and wide

Reply to applegrove (Original post)

Fri Jul 26, 2024, 03:09 PM

Jul 26

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.

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