DarkFuture @ DarkFuture @lemmy.world

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9 mo. ago

Real gross domestic product grew 2.5% in 2023, significantly outpacing growth in all other G7 nations.[38][39][40] Real GDP growth averaged a robust 3.4% during the first three years of the Biden presidency.[41]

The labor market was strong in 2023. The unemployment rate averaged a very low 3.6% in 2023, as it had in 2022; the last year with an average 3.5% unemployment rate was 1969.[26] The number of persons with jobs continued setting records monthly as it had since June 2022 when the pre-pandemic peak was regained, reaching 157.3 million in December 2023. An average of 251,000 jobs per month were added in 2023, a total of 3.0 million.[27]

Wage gains exceeded inflation in 2023, with real (inflation-adjusted) hourly earnings for all employees increasing 0.8% from December 2022 to December 2023.[42] The inflation rate measured vs. one year earlier was 6.4% in January 2023 and 3.1% in December as the inflation rate slowed.[43] Census data released in January 2024 showed that record-high new business applications were filed in 2023, the third consecutive annual record high.[44]

For data through November 2024, President Biden on average had the lowest unemployment rate (4.12%) and highest real hourly wages for production & non-supervisory workers ($30.11) among presidents back to 1964.[49][3]

In 2024, Biden pushed to limit junk fees through the FTC, FCC and CFPB.[50] Biden has taken antitrust more seriously than presidents in recent memory, as seen by the work of Lina Khan at the FTC,[2] a historic court victory against Google's search monopoly, and a lawsuit to break-up Live Nation and Ticketmaster.[50]

In February 2024, the total federal government debt grew to $34.4 trillion after having grown by approximately $1 trillion in both of two separate 100-day periods since the previous June.[51] However, the ratio of debt held by the public to GDP fell from 97.1% in Q1 2021 when Biden started to 95.2% in Q2 2024, as growth outpaced debt increases.[52]

https://en.wikipedia.org/wiki/Economic_policy_of_the_Joe_Biden_administration

Now, before you start crying about this being from Wikipedia, I'd like to point out the numbers inside the brackets above. Those are what those of us who have gone to school call SOURCES. That's the beauty of Wikipedia. If you think it isn't being accurate, you can click on the source links embedded into the website to verify the claims.

Those SOURCES are what your link, which should be considered an opinion piece, are lacking.

So I have to ask myself, do I rely on a link with almost no data at all, and absolutely no sources, or do I rely on a link that has a shit ton of data and sources included to back the claims being made?

If I was you, I'd just blindly believe the link with no sources. But, thank the gods, I am not you.

Your link is a hit piece with no sources. Do better.

Thanks for your link with virtually no data.

No references to studies.

It basically just says the reality for most voters is that they still struggled. It bypasses all the real statistical data showing our economy in a recovery process during Biden's term.

A recovery process that surpassed other first world nations.

That's because the Libs are more educated than you and paid attention to the stats and KNOW as a FACT that Biden had solid economic recovery during his tenure as president.

As far as I can tell they're trying to push for violence so they can initiate martial law and stop elections.

Sounds like a conspiracy theory, but these fucks are literally focused on doing only what hurts average Americans. It's concentrated.

What they don't seem to grasp is that we're the most armed populous on the planet, so martial law may not do what they think it's going to do.

Either way, arm up.

Looks like it's time to eat the rich.

They have too much power and resources now. We aren't going to get a better quality of life through peaceful means.

Older millennial here.

Within my group of friends, none of us had career jobs or the semblance of stability until well into our 30s. Some of us are just now starting to have kids as we're turning 40. Probably less than half though. We're half and half on home ownership.

The propaganda we grew up with was intense. I'm not pretending the U.S. is the worst country to live in, but the reality is it really isn't that great. We're being abused by our system despite working our asses off for it.

At this point, with all the evidence pointing to our society being cataclysmically stupid, I'm assuming we're going to watch our nation decline for the rest of our lives. So I have to find joy in watching dipshit Trump supporters suffer harder than most. I have to grasp at the little tidbits of joy when I can.

Leave it up to dumbfuck conservatives to kill a recovering economy. An economy that was recovering from COVID better than most, if not all, other nation's economies.

Can we just let these braindead scumfucks run their own red states into the ground and cannibalize each other? I'm tired of supporting these fucking losers.

What kind of regulations?

You're baiting people without providing examples. Which I'm sure you're aware of.

Can you provide examples? Or just here to make generalizations?

That's because they're children who want exactly what they want, immediately, or fuck it all and let it burn.

I got to the part where you tried to equate Democrats not doing enough to help trans people with Republicans actively persecuting them and then I stopped reading because I realized I was reading straight up bullshit.

Democrats have removed ZERO rights. Republicans have and are actively trying to remove more. And one quick glance at both party's voting history, you know, the thing that actually causes legislation to be enacted, very clearly paints the parties in TOTALLY different lights.

Because the majority of Lemmy users are American and the United States is in the process of collapsing, or at the very least, steep decline. So it's kind of the primary topic of discussion.

If you don't like it, you can edit your feed to only show the subs you want. It's pretty easy.

"Trump Backs Down And Americans Still Paying 30% Tax On Chinese Goods"

Thanks conservatives. You're a bunch of dumbfucks.

Yeah, that's the sadness we'll live with the rest of our lives.

No one invaded us and did this to us. We did it to ourselves. Because we're an exceptionally stupid society.

Friendly reminder that only one party takes rights away.

And that's the party that got all the stupid fucks in our society to think they were the party of freedom.

Can anyone tell me what happens to a country that 100% stops giving a shit about its founding document that was adopted to give average citizens rights and political power?

Because this country doesn't give a fuuuuuuuuuck about its Constitution anymore and that's the precedent now. And all the bad actors out there with enough money to run presidential campaigns know it.

"Nazi Song Big Hit On Nazi Platform"

Also learn everything about Linux so I can get all these Linux memes that keep popping up. And learn to program so I can get all the programmer memes.

I'll enjoy buying it in 5 years during a Steam sale.

There's an overabundance of games out there. I can wait.