Re: Even Fox News Reports The Booming Biden Economy

[Skeeter]

In article <wJRwN.438319$83n7....@fx18.iad>, max....@lathymes.com
says...
>
> On 2/7/2024 12:11 PM, Skeeter-Shit Jack-Off Shit-4-Braincell, convicted child
> molester and another fucking do-nothing, lied:
>
> > In article <_OOwN.336284$c3Ea....@fx10.iad>, l...@cap.con says...
> >>
> >> On 2/7/2024 8:41 AM, -hh wrote:
> >>> On Wednesday, February 7, 2024 at 11:33:02 AM UTC-5, Lee wrote:
> >>>> NoBody wrote:
> >>>>
> >>>>> On Tue, 06 Feb 2024 16:31:16 +0000, "Lee" <cle...@gmail.com> wrote:
> >>>>>
> >>>>>> NoBody wrote:
> >>>>>>
> >>>>>>> On Mon, 05 Feb 2024 17:02:09 +0000, "Lee" <cle...@gmail.com>
> >>>>> wrote: >>
> >>>>>>>> NoBody wrote:
> >>>>>>>>
> >>>>>>>>> On Fri, 02 Feb 2024 17:20:00 +0000, "Lee" <cle...@gmail.com>
> >>>>>>> wrote: >>
> >>>>>>>>>> NoBody wrote:
> >>>>>>>>>>
> >>>>>>>>>>> On Mon, 29 Jan 2024 16:23:50 +0000, "Lee" <cle...@gmail.com>
> >>>>>>>>> wrote: >>
> >>>>>>>>>>>>
> >>>>>>>>>>>>
> >>>>>>>>>>>> US economy grew faster than
> >>>>>>>>>>>> expected during the 4th quarter
> >>>>>>>>>>>> January 25, 2024
> >>>>>>>>>>>>
> >>>>>>>>>>>> Gross domestic product, the
> >>>>>>>>>>>> broadest measure of goods and
> >>>>>>>>>>>> services produced across the
> >>>>>>>>>>>> economy, grew by 3.3% on an
> >>>>>>>>>>>> annualized basis in the three-
> >>>>>>>>>>>> month period from October
> >>>>>>>>>>>> through December, the Commerce
> >>>>>>>>>>>> Department said in its first
> >>>>>>>>>>>> reading of the data Thursday.
> >>>>>>>>>>>>
> >>>>>>>>>>>> That is far higher than the 2%
> >>>>>>>>>>>> increase forecast by Refinitiv
> >>>>>>>>>>>> economists, although it marks
> >>>>>>>>>>>> a notable drop from the rapid
> >>>>>>>>>>>> 4.9% pace seen during the third
> >>>>>>>>>>>> quarter.
> >>>>>>>>>>>>
> >>>>>>>>>>>> "GDP has four cylinders, and
> >>>>>>>>>>>> the fourth quarter fired on
> >>>>>>>>>>>> them all," said Robert Frick,
> >>>>>>>>>>>> corporate economist with Navy
> >>>>>>>>>>>> Federal Credit Union.
> >>>>>>>>>>>> "Pundits are already saying
> >>>>>>>>>>>> this will be as good as it
> >>>>>>>>>>>> gets, but then again, most
> >>>>>>>>>>>> were predicting a recession
> >>>>>>>>>>>> last year that never came."
> >>>>>>>>>>>>
> >>>>>>>>>
> >>>>>>>
> >>>>> https://www.foxbusiness.com/economy/us-gdp-economy-fourth-quarter-20
> >>>>>>>>>>>> 23 >> > >> >> > >> >> >>
> >>>>>>>>>>> Meanwhile during this "booming economy"
> >>>>>>>>>>> "
> >>>>>>>>>>>
> >>>>>>>>>>> Overall, U.S. household debt increased by 4.8% from
> >>>>> November >> >> 2022 >> to November 2023, with credit card debt as the
> >>>>> highest >> >> increase at >> 16.6%.
> >>>>>>>>>>> Around a third of Americans said they expected to go into
> >>>>>>> debt >> for >> holiday shopping in 2023.
> >>>>>>>>>>
> >>>>>>>>>>
> >>>>>>>>>>
> >>>>>>>>>>
> >>>>>>>>>>
> >>>>>>>>>> If only Trump was president!
> >>>>>>>>>>
> >>>>>>>>>> Oh, wait.........
> >>>>>>>>>
> >>>>>>>>> Oh look Lying Lee is changing the topic.....again.
> >>>>>>>>>>
> >>>>>>>>>
> >>>>>>>>
> >>>>>>>> Huh?
> >>>>>>>>
> >>>>>>>> YOU raised the issue of holiday spending!
> >>>>>>>>
> >>>>>>>
> >>>>>>> It was a small part included in the overarching subject
> >>>>>>
> >>>>>>
> >>>>>> People have been overspending during
> >>>>>> the holidays for CENTURIES. Tell us what
> >>>>>> you think that has to do with Biden.
> >>>>>>
> >>>>>
> >>>>> Read the quote again and get back to me.
> >>>>
> >>>> Even you cannot explain your
> >>>> diversion into holiday credit
> >>>> card spending.
> >>>
> >>> Not only can NoBody not explain his diversion attempt, he can't
> >>> even substantiate that *anyone* (other than himself) claimed it.
> >>
> >> Credit card debt *always* increases in the leadup to the holidays. It's normal.
> >>
> >> As far as a general non-holiday-related rise in credit card debt, there are two
> >> plausible explanations:
> >>
> >> 1. people have confidence in the continued strength of the economy,
> >> particularly regarding their own continued employment, so they are buying
> >> more stuff with credit cards because they are confident they will be able
> >> to make the payments
> >>
> >> 2. people are increasingly having to use credit cards to buy so-called
> >> "necessities" in order to "survive"
> >>
> >> Kremlin Girl / Bit of Nothingness contends, on the basis of absolutely no
> >> evidence, that it is #2. Given the documented growth in GDP and employment, I am
> >> quite certain it is #1.
> >
> > It's number 2 thanks to the lefts [sic] policy's [sic].
>
> *left's policies*, you illiterate squat-to-piss cocksucker. And no, it is not
> #2. It's #1. People are running up credit card debt because they have high
> confidence in their ability to pay it off. That's the reason.

Cite.
>
> >
> > Egg went up to 6.48 from 2.68 last week.
>
> No, they did not. Fluctuations in egg prices are due to the effects of avian
> flu. The administration has nothing to do with it.

They did to. California has the flu. Not here. We have our own chickens.
It's a sham. Remember when Joe said he didn't control gas prices when
they went up? But when they went down he tried to take the credit.