Trump set to benefit from the Biden economy into 2025, unless he crashes it

cawacko said:
LOL!!! I would love to hear you explain how the economy in the span of one month (short of completely shutting down ala COVID) goes from good and growing to a recession. What's your economic theory behind how that works?
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I don't invest time and energy on discussions with unrepentant piece of shit slanderers.
 
Cypress said:
I don't invest time and energy on discussions with unrepentant piece of shit slanderers.
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Translation: I cannot answer for my complete bullshit and lack of education. Therefore............I will do as usual, piss myself and run away.
 
Cypress said:
I don't invest time and energy on discussions with unrepentant piece of shit slanderers.
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Great, you are 100% free not to respond to me. And truthfully, you won't be missing much if you don't.

But it doesn't change the fact in any way that your statement is false (no matter how many of your friends on the left thank your post). And you can't back up your claim with data (because the claim is false).
 
cawacko said:
That statement is false no matter how many times you claim it.
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In general, it's pretty true - Clinton's economy was the best we've had. It was slowing when Bush took over, but still good. Bush's last months in office were the crash, and Obama led a slow but steady recovery over a full 8 years. Trump inherited a lot of good #'s, and of course ended his term w/ things in shambles (I'll grant some COVID blame on that, but he was not a good economic President). Biden has indisputably improved the situation since he took over - more jobs, steady growth, and record-breaking market.

People often say that the economy is historically better under Democrats - and it's true by pretty much any & every measure.
 
Cypress said:

US economy poised for 'solid' growth in 2025​


The US economy is on solid footing right now.

Economists at Bank of America expect it to stay that way through next year.

In a research note released to reporters on Monday, BofA's economics team led by Claudio Irigoyen projected the US economy will grow at an annualized rate of 2.4% in 2025, higher than current forecasts for 2% growth, according to the latest Bloomberg consensus estimates.

This comes despite uncertainties surrounding the economic policies of President-elect Donald Trump, including campaign promises of tariffs on imported goods, tax cuts for corporations, and curbs on immigration, which economists have viewed as inflationary

Those proposals could also hinder economic growth and pressure an already bloated federal deficit, further complicating the Federal Reserve's path forward for interest rates.

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If it shines, Trump will take full credit, if it doesn’t, it will automatically be “Biden’s fault,” and the entire right wing media will echo the same
 
cawacko said:
Great, you are 100% free not to respond to me. And truthfully, you won't be missing much if you don't.

But it doesn't change the fact in any way that your statement is false (no matter how many of your friends on the left thank your post). And you can't back up your claim with data (because the claim is false).
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Let’s just say in this century the economy when a Democrat was exiting was in better shape than what the Republican President left his heir

And what bowl game is USC playing?
 
BartenderElite said:
In general, it's pretty true - Clinton's economy was the best we've had. It was slowing when Bush took over, but still good. Bush's last months in office were the crash, and Obama led a slow but steady recovery over a full 8 years. Trump inherited a lot of good #'s, and of course ended his term w/ things in shambles (I'll grant some COVID blame on that, but he was not a good economic President). Biden has indisputably improved the situation since he took over - more jobs, steady growth, and record-breaking market.

People often say that the economy is historically better under Democrats - and it's true by pretty much any & every measure.
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The dot com bubble burst in 2000. We went into recession in March 2001.

In partisan poltical terms Bush took office in January '01. He didn't do anything in a month that made the economy go from 'good and growing' to a recession.

I'm not arguing who is or who isn't a good President. I'm not arguing about political parties. That's a separate discussion. I'm talking economics and no serious person can claim the fall out from that bubble bursting constituted a good and growing economy. It doesn't work that way.
 
archives said:
Let’s just say in this century the economy when a Democrat was exiting was in better shape than what the Republican President left his heir

And what bowl game is USC playing?
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That's false. What would be awesome is if we laid out the economic data and people didn't know the Presidents or political parties involved. We could only look at data. Our conversations would be totally different.

A crappy one that accepts 6-6 teams.
 
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