The United States has surged back!

The World Bank doesn't live in the US. They're mostly rich "experts" who feel little economic discomfort.

 

That's known as "quantitative easing" to increase the money supply.

 

The U.S. has already shown signs that the economy is very fragile to any disruptions.

And with the mounting debt, that is not a good thing. The U.S. is not going to be able to do this again, expand the national debt by 47.5% over 4 years in response to a crisis. Imagine if something like the Covid pandemic hit again but the U.S. could not run any budget deficits, could only spend what taxes were collected that year.

 

During the last world wars we didn’t rely on other countries so much. But neither did the rest of the world. The whole idea of world trade was to avoid conflicts like these. Make sure that everyone has economic skin in the game. When world trade crumbles it will hurt more than us but it looks as if this is the direction people are going. We are going to have to increase debt if we are heading to a world war. We don’t have the infrastructure to even keep up with Ukraine demand. I hate to say it but we need more war factories.

 

yep, the FED had to pull out all the stops to keep the Trump economy afloat

 

Yes, and . . . ?
The mission of the Federal Reserve System is to foster the stability, integrity, and efficiency of the nation's monetary, financial, and payment systems so as to promote optimal macroeconomic performance.

Board of Governors of the Federal Reserve System

 

Oh? Which steps were those and how do they compare to the "stops" they've been pulling to keep the Biden government afloat?

 

The World Bank bases its comprehensive assessment upon empirical data, not ideological dogma.

It confirms that global inflation has been much less severe in the U.S. than in most other advanced nations.

 

Sure it does.

So what?

 

they raised interest rates to coal the hot Biden economy

they put trillions and trillions into the economy under Trump to keep it afloat, heck they were even talking about going negative on interest rates under Trump

 

Actually, wasn't that also under Biden?

 

So, being able to accept empirical data despite one's ideological dogma is a good thing.

[https://www.inflation.eu/en/inflati...3 by country / region , 4.44 % 34 more rows ]

Objective reality - e.g., the U.S. being impacted less by global inflation than most other advanced nations - puts things in proper perspective for those who might want to put things in proper perspective.

 

Agreed, can't wait until lefties start showing that trait

Well, duh, the US is a primary driver of the world economy, not a follower.

 

You have conjured up no empirical data to support your ideological dogma. I understand your inability to do so.

The United States is a major participant in the global economy. It does nor control it.

The U.S. has seen stronger business investment and resilient consumption, the IMF’s World Economic Outlook says, while euro zone economies have diverged under pressure from higher interest rates.

The IMF raised its U.S. growth projection for this year by 0.3 percentage points, compared with its July update, to 2.1%. It hiked next year’s forecast by 0.5 percentage points, to 1.5%.

Its euro area growth forecast for 2023 was revised down by 0.2 percentage points to 0.7%, meanwhile, and for 2024 was lowered by 0.3 percentage points to 1.2%.

[https://www.cnbc.com/2023/10/10/imf-raises-us-growth-forecast-leaves-global-outlook-unchanged.html]

​

Under Trump. the economy lost 2.9 million jobs. The unemployment rate increased by 1.6 percentage points to 6.3%. Since the President took office, it has fallen to 3.8%.

 

Of course, Trump fought a pandemic with very little know about it, fought as dems shutdown businesses, schools etc. He then recovered 12 million jobs from the depth of the pandemic until the day he handed over to Biden - who managed only 9 million in the entire following year. He's run up trillions every year in new debit, ballooned inflation by 17% since inauguration and saw the country's credit rating drop, Biden may become the first President to run trillion dollar deficits for his entire term.
Oh, and Trump had four straight years of sub 3% inflation.

 

You are unable to refute any of the documented facts I stated.

The sexual abuser's repeatedly dismissing the severity of Covid and pushing quack remedies makes your now trying to use it as an excuse for his economic failures rather feeble.

All of Trump’s Lies About the Coronavirus Pandemic

A timeline of what Trump has said on coronavirus

Trump ignored coronavirus warnings from experts for months

Trump Is Still Downplaying COVID: 'It Affects Virtually Nobody'

​

Americans will be prepared for Trump's goons attacking the Capitol, his intimidation of Republican governors and secretaries of state, his maligning innocent poll workers, and his fake elector schemes if he attempts to deny the will of the People again in 2024.​

​

 

Did you ever consider WHERE Trump got the information he was quoting? Brix, Fauci, and the CDC. And of course your cites are culled from the Democrat-Media-Cabal.

 

As the record confirms, Trump can't escape his documented words by claiming he was parroting public health experts, or that media somehow falsified his ludicrous public utterances.

 

What Record? Standard LW distortions, lies and stupid babbling.

 

The Cry Baby Loser's cult cannot deal with documented reality when it contradicts their master's self-serving lies.

Birx on Trump's disinfectant 'injection' moment

Trump Tells The Story Of A 'Miracle' Cure For COVID-19.

10 of Donald Trump’s big falsehoods about COVID-19

All The Times Trump Has Promoted Hydroxychloroquine​

​

 

You got it bad:

 

As a patriotic American, I respect the American electorate, our certified elections, and our system of justice where juries of one's peers assess documented evidence and sworn testimony to determine guilt or innocence.

Trump’s Attempts To Publicly Attack Witnesses Blocked
​

In the United States, no criminal defendant is allowed to spew personal attacks in lieu of presenting a credible defense, even if his cult is entertained by such puerile conduct.

'He looks like a crackhead to me!'

Trump Attacks Judge Engoron’s Clerk

Trump's many attacks on judges, prosecutors, witnesses
​

The Loser pleasuring himself for hours by watching his goon attacking outnumbered police defending democracy demonstrated his respect for law and order.

 

Ok, I've had enough, I apologize for whipping your Trump psychosis into a life threatening condition.

 

Global inflation has had less impact on the United States than on most other advanced nations.

Inflation Rate - By Country





With the U .S.unemployment rate (3.7%) remaining far lower that it was in January, 2021(6.3%) we're doing well these days!

As the U.S. roars ahead, Europe’s largest economy shrunk last quarter

China’s Economy Is Faltering

​

 

U.S. National Debt 2020 $27.7T

Your point was?

I think the point of the thread is that US economy has recovered much better than the rest of the Western world. We still have pockets like Florida where inflation is very high, but the national average is much lower than EU for example.