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On Fri, 1 Nov 2024 08:48:56 -0700, Rudy Canoza, forever the mental and physical midget, who was *NEVER* a three sport letterman, like me, 
and who was *NEVER* a bouncer, like me, and who was *NEVER* an assistant golf pro, like me, and who was *NEVER* a lifeguard, like me, and 
who *NEVER* dunked a basketball, like me, and has *NEVER* laid as many women as me, says... 

> > Because they/we were cheated out of a great economy,
> 
> Fuck off. The economy is *great*.

Nope.

Inflation: INFLATION HAS BEEN FAR WORSE DURING THE BIDEN ADMINISTRATION, UP 20.1% OVER THE FIRST 45 MONTHS OF BIDEN'S TERM COMPARED TO 7.1% 
DURING TRUMP'S FIRST 45 MONTHS, according to the government's consumer price index. That equates to annualized inflation rates of 5.4% 
under Biden and 1.9% under Trump. Year-over-year inflation peaked under Biden at a four-decade high of 9% in 2022 before falling to just 
over 3%.

Job market: Both Biden and Trump oversaw strong labor markets. Since Biden took office, overall employment is up 12%, average pay is up 19% 
and unemployment is down from 6.7% to 4.1%. It was particularly a sign of strength that job growth and sub-4% unemployment have coincided 
with interest rate increases and a subsiding in inflation, both of which typically hurt the labor market, though the U.S. employment 
picture has shown some cracks in recent months. Perhaps Trump's most impressive labor market feats were unemployment declining from 4.7% to 
as low as 3.5% in late 2019 and early 2020, which tied its lowest level since 1969 and wages growing by an inflation-beating 15% over his 
four-year term.

Stock market: STOCKS PERFORMED BETTER UNDER TRUMP, though both presidencies coincided with stronger-than-average gains-the SandP 500 index 
has posted an annualized return of 12.6% since Biden and Harris took office in 2021, COMPARED TO 16.3% UNDER TRUMP.

Consumer health: CONSUMER SENTIMENT WAS LOWER LAST MONTH THAN IT EVER WAS UNDER TRUMP, according to the University of Michigan's widely 
tracked survey, as Americans continue to feel the aftershocks of inflation despite strong headline economic growth numbers and a record 
stock market. September's 4.6% personal savings rate, which measures the percentage of Americans' income left over after expenses and 
taxes, was two-thirds of September 2019's 7%. The savings rate never fell below 5% under Trump.

Gas prices: The average cost of a gallon of gasoline dipped from $2.37 to $2.28 from Dec. 2016 to 2020, rising to $3.10 by Monday, 
according to the Energy Information Administration-but gas prices rose to an all-time high of over $5 per gallon in 2022.

THE OCTOBER JOBS REPORT RELEASED FRIDAY WAS FAR WORSE THAN EXPECTED, with the 12,000 jobs added making it the worst month for job growth 
since Dec. 2020. The U.S. economy sits at a potential inflection point, WITH SLOWING JOB GROWTH causing fears about the possibility of a 
recession, while the Federal Reserve lowered interest rates in September for the first time in almost four years, a growth-friendly move as 
lower borrowing costs stimulate consumer and corporate spending.

The economy is the top issue named by voters ahead of the November presidential election, according to many polls. Surveys also indicate 
AMERICANS HAVE MORE BELIEF IN TRUMP THAN HARRIS to oversee the economy, and A NOTICEABLY HIGHER PROPORTION OF AMERICANS BELIEVE THEY'LL BE 
BETTER OFF FINANCIALLY UNDER TRUMP THAN THEY'D BE UNDER HARRIS.