Annual GDP growth has been booming under Biden

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#1
IwantRooseveltagain
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Current-dollar GDP increased 9.2 percent, or $2.15 trillion, in 2022 to a level of $25.46 trillion, compared with an increase of 10.7 percent, or $2.25 trillion, in 2021.

-  Bureau of Economic Analysis 

Under Trump the country never had better than 3% annual GDP growth.

#2
Greyparrot
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it's 2023 bro, and 67 percent of Democrats don't like Biden.

#3
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Starbucks CLOSES STORES In Downtown San Francisco The City Is Going To HELL
#4
Best.Korea
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Biden:

1. Gave economical help to poor families

1400$ per person in 2021

Again in 2022

"The Biden administration is providing over $13 billion in aid to help low- and moderate-income Americans lower their energy costs, including grants to pay electric bills as well other incentives to make energy-efficient upgrades to their homes."

"The proposal includes $1 trillion in new spending and $800 billion in tax credits, much of which is aimed at expanding access to education and child care. The package includes financing for universal prekindergarten, a federal paid leave program, efforts to make child care more affordable, free community college for all, aid for students at colleges that historically serve nonwhite communities, expanded subsidies under the Affordable Care Act and an extension of new federal efforts to fight poverty."

2. Increased minimum wage to help the poor

3. Reduced healthcare cost for the poor

4. Quickly reduced unemployment to 3 %

5. Reduced inflation to 3%

6. Defeated Russia in just 1 year.
It was the quickest defeat of Russia in its entire history. Ukraine remained a democracy thanks to Biden.

7. Achieved 6% GDP growth in 2021, and maintained the GDP growth over 2%  throughout 2022 and 2023.

8. Biden achieved consistent wage growth of over 5%.
Compared to that, Trump only had 1% to 2% wage growth in 2017 to 2019 for average ordinary worker.


Trump destroyed US economy in 2020 and caused 16% unemployment and as a result, rising inflation.

Biden brought unemployment back to 3%, while increasing wages and reducing inflation.

#5
cristo71
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Biden’s record speaks for itself. The DNC has nothing to fear in 2024.

#6
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@cristo71
The DNC has nothing to fear in 2024.

33% of the DNC for sure.
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#7
IwantRooseveltagain
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it's 2023 bro, and 67 percent of Democrats don't like Biden.
Well bro, these are the annual stats that are available.

They like Biden’s policies and economy. Americans just don’t like old people. They are annoying. They move too slow. They are unproductive. Their only job is to go to the doctors every week and cost the country a lot of money for Medicare.

Americans also don’t like men who never get married and have no kids. They are weirdos.

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#8
IwantRooseveltagain
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Starbucks CLOSES STORES In Downtown San Francisco The City Is Going To HELL
Right, that’s why an average house there costs a million dollars, because it’s a dump. The really great places to live are in Mississippi 

#9
Greyparrot
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 67 percent of Democrats don't like Biden.

I'm just going to remind you of this every time you get the urge to defend the guy.
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#10
IwantRooseveltagain
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  • 67% said they wanted a different candidate as the party's nominee. 
Yes, but:  When those respondents were asked who the party's 2024 nominee should be, no other person polled above 3%.

It’s a meaningless poll. A meaningless number. These same people don’t know who they want but they also know they don’t want Trump.

Who do you support for 2024? I remember when you were all in for DeeSantis. Lol. How’s that going now? Your candidate is a loser. 

Every time you knock on Biden I’m going to remind you of your past declaration for DeeSantis, lol
#11
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Trump 2024 !    (That's 2024 days in prison)
#12
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Biden’s record speaks for itself. The DNC has nothing to fear in 2024.

"Biden’s unpopularity may be brewing the only possible conditions in which a disgraced and anti-democratic ex-president, who might be a convicted felon by Election Day, would be able to squeeze back into power."

So we can definitely blame Biden for re-electing Trump, and we can also blame Biden supporters.
#13
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@Greyparrot
Mass hallucinations are common among MAGA population.
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@Best.Korea
And I guess the 67% who don't like Biden.
#15
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These same people don’t know who they want but they also know they don’t want Trump.

It's not a meaningless poll for 2 reasons:

1) It also reflects dissatisfaction of independents which make up 40% of the electorate who have no strong ties toward Biden at all..
2) The dissatisfaction with Biden may cause a lot of people of all demographics to not vote this time around, and since Trump vowed to match the ballot harvesting efforts from 2020 DNC, that's a guaranteed loss for Biden this cycle. Biden won the swing states with very small margins in 2020, so he has no room to flub it up in 2024.

#16
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@Greyparrot
So we can definitely blame Biden for re-electing Trump, and we can also blame Biden supporters.
I blame the DNC for giving us Biden, and I blame Trumpers for again giving us Trump. The DNC has a tragically short bench…


#17
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@cristo71
That too. When the game is rigged, a lot of blame has to go to the riggers.

I guess I also blame Democrats for tolerating a rigged system especially after the DNC ran Bernie off the road in 2016.

They also strong-armed AOC to support Pelosi, Ukraine, and everything else establishment when her constituents elected her to be a progressive.

With RFK running as an independent, that's goodnight for Biden, as there's no path to get enough independent voters in a crap economy. Status Quo simply won't do.

#18
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@Greyparrot
Starbucks CLOSES STORES In Downtown San Francisco The City Is Going To HELL
Go woke, go broke. Lol. 
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#19
IwantRooseveltagain
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@IlDiavolo
Go woke, go broke. Lol. 
Right, California, New York, Massachusetts, and Connecticut are all broke, and Mississippi, Arkansas, Kentucky, and West Virginia are wealthy.

Ya, that’s so true.
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#20
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With RFK running as an independent, that's goodnight for Biden, as there's no path to get enough independent voters in a crap economy.
Lol. Ya, the economy is so crap. Record low unemployment and record GDP growth.

Did I mention my salary has doubled since Biden was elected? 

With RFK running as an independent, that's goodnight for Biden,
Lol

#21
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Did I mention my salary has doubled since Biden was elected? 
1 vote isn't going to make a difference. Especially in a non-swing state.

A survey with a sample size of one shouldn't be trusted.
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@IlDiavolo
Go woke, go broke. Lol. 

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#23
IwantRooseveltagain
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1 vote isn't going to make a difference. Especially in a non-swing state.
Ah no, there are 13,000 pilots at American Airlines. There are tens of thousands of other pilots all over the country who have received similar pay raises 

Go woke, go broke. Lol.
I was referring to the people, businesses and economies of these states, not the governments, but even still, the government of liberal states has more tax revenue than conservative states.

#24
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@IwantRooseveltagain
Real GDP growth inflation adjusted 

Its not impressive the economy grew 5.8% when everyone went back to work after covid. Any president in office could of achieved that.
Notice Biden's second year is worse than Trump's first three years.

Biden
2021-2022   5.8%
2022-2023     1.93%

Trump
2017-2018   2.46
2018-2019   2.97
2019-2020   2.47
2020-2021   -2.21

Source Fred (federal reserve economic data)





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It’s not impressive the economy grew 5.8% when everyone went back to work after covid.
The economy is larger today than pre-Covid 

Notice Biden's second year is worse than Trump's first three years.
Notice Biden added more jobs in his first 30 months than Trump did in his first 30 months?

13 million vs 5 million.

#26
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@CoolApe
Notice Biden's second year is worse than Trump's first three years.

Something you won't find measured is the massive wealth transfer with the trillion dollar subsidy with the BBB bill. It was done to say "hay! government "grew" the economy by redistributing wealth to green energy elite lobbyists!" (oh! and elite war machine lobbyists)

Looks great on paper, terrible at the voting booth.

Poorer voters are sick and tired of paying for the Democrats repackaged "trickle down" economic plan consisting of massive Keynesian spending to rich corporate campaign donors in the form of higher prices and unobtainable homes.



#27
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@IwantRooseveltagain
I made a mistake. The aforementioned numbers were annually averaged over the year, so they're smoother than they should be.
Here are the numbers based on Q4 percent change from a year ago. No averages involved.

Real GDP Growth (Inflation Adjusted)

Biden
measuring end of Q4 
2021   5.42%
2022   0.65%

Trump 
2017  2.99%
2018  2.13%
2019  3.18%
2020  -1.08%

The economy is larger today than pre-Covid 
GDP fell during Q1 in 2020 because of Covid. 2019 Q4 was pre-covid. Lets calculate percent change of Real GDP from 2019 to 2021.

Q4
2019  20,951 (2017 Billions dollars)
2021  21,847 (2017 Billions dollars)
2019-2021  4.28%  (Real GDP growth from pre-Covid to a year after covid) 


Biden performed 1.10% better than the typical 3.18% Real GDP average. He grew the economy 0% in 2022. It looks like 2023 will end with 2.1% growth and 2024 a recession. Go Brandon.

Notice Biden added more jobs in his first 30 months than Trump did in his first 30 months?
Unemployment rate pre-covid 3.6%. Unemployment rate now 3.8%. Amazing, people went back to work after Covid.



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#28
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@CoolApe
  • U.S. unemployment rate for 2022 was 3.61%, a 1.74% decline from 2021.
  • U.S. unemployment rate for 2021 was 5.35%, a 2.7% decline from 2020.
  • U.S. unemployment rate for 2020 was 8.05%, a 4.38% increase from 2019.
  • U.S. unemployment rate for 2019 was 3.67%, a 0.23% decline from 2018.
You should change your name from CoolApe to lyingApe

Biden already beat Trump’s best unemployment rate of 3.67%. Loser!

Trump oversaw a 22 trillion dollar GDP in 2019

Biden had a 25 trillion dollar GDP in 2022. Loser!

Biden Wins. Trump is a loser

#29
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@IwantRooseveltagain
Different sources slightly different numbers. I could call you liar for not having numbers consistent with me. However, it's literally tenths of a percent your talking about here.

Biden already beat Trump’s best unemployment rate of 3.67%. Loser!
2021 - 3.61% and 2019 - 3.67% so a 0.06% difference. Dam Biden.

Trump oversaw a 22 trillion dollar GDP in 2019

Biden had a 25 trillion dollar GDP in 2022. Loser!
Do you understand the difference between GDP and real GDP?

My Source: FRED. Look up the dam site. The data is from the federal reserve. If you can't figure out how to use the site that's your fault.
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#30
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@CoolApe
Dam Biden.
Dam Biden for doing better than Trump?