and on the other end of the economic sprectrum, tax cuts for the top earners GOP ==>2 Bush 43 Trump Dems ==> zero
' on 29 Aug 2016, this was one of the top headlines, https://www.nbcnews.com/politics/me...wer-jobs-revisions-hit-trump-economy-n1046156, Half-million fewer jobs: Revisions hit Trump economy New numbers show job creation, GDP and consumer sentiment are lower than previously estimated.
Kudos to team Biden, as the economic pie continues to grow every quarter for 14 consecutive quarters. The U.S. economy grew 3% in the second quarter — faster than initially thought under team Biden's watch, The U.S. economy continues to demonstrate resiliency despite various headwinds. Inflation remains higher than the Federal Reserve's 2% target but remains well below its pandemic-era peak of more than 9% — and earnings for the typical worker have been keeping pace. Meanwhile, layoffs remain subdued even as the unemployment rate is up from historic lows.
Kroger said out loud what everyone already silently knew: They jacked prices up more than inflation required. https://www.newsweek.com/kroger-executive-admits-company-gouged-prices-above-inflation-1945742
The US conomy grew again in August 2024---ensuring that the pie will expand in Q3---making it 15 consective quarters of GDP growth since dementia Don was fired by the American voters on the employment end, Aug 2024 was the 44th consecutive month of positive job creation, to be > 16 million jobs created since the Trump firing Dementia Don has been the only post-WW2 POTUS to have realized a net loss in job creation in his 4 yrs in office, losing more thant 2 million jobs
Now that the public supports laws to fight back against price gouging, grocery prices have taken a record dive. Coincidence? 'online grocery prices fell 3.7% in Aug from a month earlier, the largest decline since the firm began tracking the numbers in 2014.' US Online Grocvery Prices Plunge the Most on Record in August
as reported by Bloomberg, US households’ inflation-adjusted incomes rose last year for the first time since before the pandemic, and consumers are getting some relief on grocery bills, too (as posted by Amiga and Buck)
Dark Brandon is crushing it ... while lazing around the beach ... in his swimsuit ... making all of the octogenarian ladies weak in knees. Inflation: Consumer prices rise at slowest pace since early 2021 A closely watched report on US inflation showed consumer prices rose in August at the slowest pace in three years on an annual basis, according to the latest data from the Bureau of Labor Statistics released Wednesday morning. The Consumer Price Index (CPI) increased 2.5% over the prior year in August, a deceleration compared to July's 2.9% annual gain in prices and the lowest annual rate since early 2021. The yearly increase was also in line with economist expectations.
It's the economy stupid. Consumer confidence ticking back up is big as the border and economy have been advantage Trump.
in terms of jobs creation. Trump’s best year was his first year in office, 2017 (2 yrs B4 pandemic); but that is not even as good as Biden’s worst, 2024. since Nov 2022, for 21 consecutive months, the Fed has either cut / pause interest rate to weaken the labor market.
