Biden's America

[suh_fan93]

 

[Dr. Strangelove]

Impressive when you consider the vibe-cession we're going through. 

 

[DevoHusker]

51 minutes ago, Dr. Strangelove said:

Impressive when you consider the vibe-cession we're going through. 

 

 

Boy, those replies sure don't reflect the gist of the data presented.

[Dr. Strangelove]

4 minutes ago, DevoHusker said:

 

Boy, those replies sure don't reflect the gist of the data presented.

That's why I included a tongue-and-cheek joke about the vibe-cession. The reality of our economic situation is the best in the world. There is nowhere that is better and its not particularly close.

 

That doesn't mean things aren't difficult - built up inflation has caused price increases that suck. But those price increases are worldwide and the United States is handling it better than anywhere else.

 

Regarding the vibes, politicians don't get credit for making terrible situations less bad by the electorate. Even if the bad situation is literally the best in the world, the American public still sees it as a negative.

[DevoHusker]

6 minutes ago, Dr. Strangelove said:

That's why I included a tongue-and-cheek joke about the vibe-cession. The reality of our economic situation is the best in the world. There is nowhere that is better and its not particularly close.

 

That doesn't mean things aren't difficult - built up inflation has caused price increases that suck. But those price increases are worldwide and the United States is handling it better than anywhere else.

 

Regarding the vibes, politicians don't get credit for making terrible situations less bad by the electorate. Even if the bad situation is literally the best in the world, the American public still sees it as a negative.

 

Not according to this US News and World Report data:

 

https://www.usnews.com/news/best-countries/rankings/economically-stable

 

I do appreciate your view, and hope that more are able to share it in the future.

[teachercd]

4 minutes ago, DevoHusker said:

 

Not according to this US News and World Report data:

 

https://www.usnews.com/news/best-countries/rankings/economically-stable

 

I do appreciate your view, and hope that more are able to share it in the future.

Norway people making some fat stacks!!!

[BigRedBuster]

5 minutes ago, DevoHusker said:

 

Not according to this US News and World Report data:

 

https://www.usnews.com/news/best-countries/rankings/economically-stable

 

I do appreciate your view, and hope that more are able to share it in the future.

Buuuut....are we really wanting to be like those countries where socialism is ruining everything good in the world?

[Dr. Strangelove]

3 minutes ago, DevoHusker said:

 

Not according to this US News and World Report data:

 

https://www.usnews.com/news/best-countries/rankings/economically-stable

 

I do appreciate your view, and hope that more are able to share it in the future.

I think it depends on how you want to measure it. The criteria for those rankings include "Adventure, Agility, Heritage" and other non-economic factors. I agree that the United States needs to do more in these areas and hope we do. More paid leave, parental support, etc.

 

But in strictly economic terms, the United States has the highest growth, lowest inflation, massive job opportunity and other factors that combine to make it have the best economic situation in the world. 

[Archy1221]

11 minutes ago, BigRedBuster said:

Buuuut....are we really wanting to be like those countries where socialism is ruining everything good in the world?

Buuuut……How many of them pay for their own security?   How many would immediately call the US if they were in danger of being attacked or risk being obliterated.  Nice little benefit some of those countries have.  

[Archy1221]

15 minutes ago, Dr. Strangelove said:

But in strictly economic terms, the United States has the highest growth,

Doesn’t Ireland have higher recent growth rates? 
 

 

[commando]

it's amazing.  no matter how good the economy performs.....some people have to doom post about the economy.   

[Dr. Strangelove]

1 hour ago, Archy1221 said:

Doesn’t Ireland have higher recent growth rates? 
 

 

GDP has exploded in Ireland since 2016, some years recording 15% GDP growth which is insane.

 

These numbers can be attributed to a few things,  but mostly that Ireland is a small country where Multinational companies park headquarters for tax reasons. This financial quark can lead to what appears like explosive growth but also severe shock.

 

After years of huge increases, the Irish economy is shrinking in 2023. Although their huge growth years combined with big down years has a lot more to do with accounting of the 1200 multinational companies putting their HQs there than it does actual expansion/contraction in the real economy.

[DevoHusker]

1 hour ago, commando said:

it's amazing.  no matter how good the economy performs.....some people have to doom post about the economy.   

 

Realistic views are not doom/gloom views imo.

Just tiring having sunshine pumping posts when, in reality, average folks are struggling, more than not.

[Archy1221]

1 hour ago, Dr. Strangelove said:

GDP has exploded in Ireland since 2016, some years recording 15% GDP growth which is insane.

 

These numbers can be attributed to a few things,  but mostly that Ireland is a small country where Multinational companies park headquarters for tax reasons. This financial quark can lead to what appears like explosive growth but also severe shock.

 

After years of huge increases, the Irish economy is shrinking in 2023. Although their huge growth years combined with big down years has a lot more to do with accounting of the 1200 multinational companies putting their HQs there than it does actual expansion/contraction in the real economy.

So you’re saying economic numbers can be a bit nuanced outside of the raw data?   I agree.   

[Dr. Strangelove]

54 minutes ago, Archy1221 said:

So you’re saying economic numbers can be a bit nuanced outside of the raw data?   I agree.   

For a small country with a population smaller than the state of Wisconsin? Absolutely. Numbers can easily be inflated.

 

 

For a country with a $26 trillion dollar GDP, a $47 trillion dollar real estate market, home to advanced manufacturing, agricultral, defense sectors all worth trillions, and a population of 335 million people? Not so much.

 

But not understanding the difference between a really big country and a really small country is the kind of nuance I expect to be lost on a certain segment of Trump voters.