Bidenomics at play - https://abcnews.go.com/Business/data-show-inflation-reduction-continued-hit-rough-patch/story?id=103114062&fbclid=IwAR1MPymZvm03AZtHrjuncDpf2VPWTX-ute9z5jf68_x041W_1K0x_1u1tk4
Bidenomics at play - https://abcnews.go.com/Business/data-show-inflation-reduction-continued-hit-rough-patch/story?id=103114062&fbclid=IwAR1MPymZvm03AZtHrjuncDpf2VPWTX-ute9z5jf68_x041W_1K0x_1u1tk4
Gas was 3.79 on so day. 3.95 today a 5% increase. Inflation will hit 4% in September
You can't argue with the facts? I'll second that! Here you go:
From 1948 through 2023, the party holding the presidency has changed hands ten times. Every time a Republican took over from a Democrat, GDP growth fell. Every time a Democrat took over from a Republican, GDP growth rose. GDP grew 4.1% on average under Democrats, versus 2.5% under Republicans, from 1945 through the second quarter of 2020, a difference of 1.6 percentage points.
Ten of the eleven U.S. recessions between 1953 and 2020 began under Republican presidents.
For the 13 presidents beginning with Truman, total job creation was about 70.5 million for the 7 Democratic presidents and 29.1 million for the 6 Republican presidents. This monthly average rate was 2.4 times faster under Democratic presidents.
The only presidents to actually lose jobs during their administrations were Hoover (Republican) and Trump (Republican).
From 1945 to 2020, corporate earnings per share, a key measure of corporate profitability, grew 12.8% on average under Democratic presidents, versus 1.8% for Republicans.
The Republican South has the highest incidence of maternal mortality, spousal abuse, and bad credit.
And moving outside the USA...The top five happiest countries with the most satisfied citizens are the very liberal (by US standards) Finland, Denmark, Sweden, Norway, and Iceland.
Originally posted by: MisterPicture
You can't argue with the facts? I'll second that! Here you go:
From 1948 through 2023, the party holding the presidency has changed hands ten times. Every time a Republican took over from a Democrat, GDP growth fell. Every time a Democrat took over from a Republican, GDP growth rose. GDP grew 4.1% on average under Democrats, versus 2.5% under Republicans, from 1945 through the second quarter of 2020, a difference of 1.6 percentage points.
Ten of the eleven U.S. recessions between 1953 and 2020 began under Republican presidents.
For the 13 presidents beginning with Truman, total job creation was about 70.5 million for the 7 Democratic presidents and 29.1 million for the 6 Republican presidents. This monthly average rate was 2.4 times faster under Democratic presidents.
The only presidents to actually lose jobs during their administrations were Hoover (Republican) and Trump (Republican).
From 1945 to 2020, corporate earnings per share, a key measure of corporate profitability, grew 12.8% on average under Democratic presidents, versus 1.8% for Republicans.
The Republican South has the highest incidence of maternal mortality, spousal abuse, and bad credit.
And moving outside the USA...The top five happiest countries with the most satisfied citizens are the very liberal (by US standards) Finland, Denmark, Sweden, Norway, and Iceland.
All of this horseshit has nothing to do with what is happening today.
Originally posted by: tom
Gas was 3.79 on so day. 3.95 today a 5% increase. Inflation will hit 4% in September
Inflation of 4% is about average for the last eight decades. It's the sign of a booming Biden economy.
