From: pothead <pothead@snakebite.com>
Newsgroups: alt.fan.rush-limbaugh,can.politics,alt.politics.trump,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
Subject: Re: Best Economic Optimism in 16 years - When TRUMP Was President -
Date: Sun, 3 Nov 2024 13:57:46 -0000 (UTC)
Organization: Kamala Harris Sucks
On 2024-11-03, AlleyCat <katt@gmail.com> wrote:
>
> On Sat, 02 Nov 2024 13:22:57 +0000, Mitchell Holman says...
>
>> > 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,
>>
>>
>> Big deal.
>
> It IS a bid deal.
>
> https://duckduckgo.com/?q=americans+most+interested+in+economy&ia=web
>
> You can't wish away the Biden/Harris economic failure by ANY whataboutism.
>
> The economy got worse AFTER Harris/Biden took over. THAT is fact.
>
>=====
>
> 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.
There is a reason why the economy is the #1 issue for voters and no matter how
the libbys attempt to spin numbers the people know that under Biden/Harris it has become
much more difficult to afford basics needs.
Things were better, much better, economically under Trump and the voters
know it.
--
pothead
See Kamala Harris best interview ever.
https://www.foxnews.com/video/6363352689112
She really knocks this one out of the park.
Don't you agree?