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It's a matter of Bidenomics!

Discussion in 'BBS Hangout: Debate & Discussion' started by adoo, Jun 28, 2023.

  1. Andre0087

    Andre0087 Member

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    How long has the CCP been cooking the books?
     
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  2. astros123

    astros123 Member
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    You think we're about to hit a major recession when we just had 4% gdp growth lol. You're dumber than a bag of rocks
     
  3. No Worries

    No Worries Contributing Member

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    Tired of winning yet?

     
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  4. astros123

    astros123 Member
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  5. NewRoxFan

    NewRoxFan Contributing Member

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    That's the point... maga republicans will simply say any lie (especially on fox news), no matter how ridiculously unbelievable.

     
  6. astros123

    astros123 Member
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    Wall Street and rich people absolutely hate Biden and I'm totally here for it. I hope biden soaks in the wall street tears. Hedge funds and wall street have been sucking America dry for decades.

    ********ers
     
  7. astros123

    astros123 Member
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    The US will have accounted for 45% of all the growth in the world last year......

    Fourth five percent of all global growth came in the usa while china had ZERO @StupidMoniker
     
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  8. StupidMoniker

    StupidMoniker I lost a bet
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    I agree, China sucks. They have shown what growth dependent upon government spending can accomplish, short term growth based in meaningless building and currency manipulation followed by stagnation as no one thinks building empty buildings has any real value. They should import refugees to live in their empty cities and provide a boost to their workforce.
     
  9. adoo

    adoo Member

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    FT and the breibart reporter fed you some bad data.

    The Chinese economy grew <3% in 2022 and is expected to grow ~5% in 2023.

     
    #889 adoo, Nov 21, 2023
    Last edited: Nov 21, 2023
  10. adoo

    adoo Member

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    bluntly put, you have no idea what you're parroting about.

    USA. Japan and China have been vivid eg of what government spending can accomplish
    • lifted the US economy out of the great depression, and once again from the W-induced economic depression
      • some 90 years after FDR's New Deal programs, USA is still the largest economy in the world
    • rebuilt a war-torn Japanese economy into the 2nd largest economy behind the USA.
      • some 70 year later, Japan is still in the top 10
    • tranformed China's 3rd-world agrarian economy, w food shortages, into an industrial power house, toward becoming the 2nd largest economy in the world. in the process,
      • lifting hundreds of citizens out of poverty
        • some 40+ years later, China remains the second largest economy in the world.
        • when China started this big Gov spending, its economy was smaller than Mexico's
     
    #890 adoo, Nov 21, 2023
    Last edited: Nov 21, 2023
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  11. astros123

    astros123 Member
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    China accoutanted for ZERO PERCENT global growth last year. That's just ****ing wild....people have a boner over China and they can't even produce a single percent to global growth......jeez
     
  12. astros123

    astros123 Member
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    GDP growth is different than contribution to global growth after inflation. US economy is consumer driven which contributes alot to a huge array of global supply chains and developing countries.

    USA is holding the entire globe up right now with its economy. It's really fascinating
     
  13. adoo

    adoo Member

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    let's not split hairs
     
  14. astros123

    astros123 Member
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    China is collapsing and I'm not sure why you're standing up for them
     
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  15. adoo

    adoo Member

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    u know that China is not collapsing. it's economy is still growing, just rate of increase has been declining..

    i think china has entered into a phase of slower/no growth, but not stagnating like the Japanese economy since the mi-90s. the difference being that while China allows foreign investment in its economy, while Japan doesn;t.
    protectionism is ok as long as every decision made has been the right one, and global deveopments do not stand in the way
     
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  16. Astrodome

    Astrodome Member

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    Just saw tamales for $30/dozen on FB. Half the commenters saying she was crazy, half saying that's the average price now. I respectfully declined.
     
  17. rocketsjudoka

    rocketsjudoka Contributing Member

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    Those better be some damn good tamales. I bought some last week for 6 for $10.
     
  18. NewRoxFan

    NewRoxFan Contributing Member

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    Shocked! Shocked I tell ya!

     
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  19. NewRoxFan

    NewRoxFan Contributing Member

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    Fact checking maga republicans can be exhausting...


    Readers added context
    The selected gas price is an outlier in Oklahoma. The daily diesel average according to AAA is $3.95/gallon in Oklahoma as of Nov 21st. twitter.com/GasBuddyGuy/st… gasprices.aaa.com/?state=OK
    Do you find this helpful?
     
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  20. NewRoxFan

    NewRoxFan Contributing Member

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