I didn't place blame. I stated facts. And I did not forget about the pandemic. The expiration date for that talking point will soon be upon us.maineman » 07 Mar 2024, 2:28 pm » wrote: ↑ what part of massive global pandemic that **** up the entire world's economy are you refusing to comprehend?
****.R.Suave » 07 Mar 2024, 2:32 pm » wrote: ↑ Toady demands consideration PRE jan 21, and laughs at the idea that any need be extended past that date.
Name any of your beefs with Biden's economic policies that aren't a function of inflation.
R.Suave » 07 Mar 2024, 2:24 pm » wrote: ↑ If Real Wage growth is positive, wages are exceeding inflation.
Spare me this onanism.ConsRule » 07 Mar 2024, 2:59 pm » wrote: ↑ Real wages are calculated by taking nominal wage rate, dividing by the CPI and multiplying by 100.
The problem with that calculation are:
What is the nominal wage? Are you using a national average? Averages can be misleading...a national median wage would be better. Nominal wages are also sticky. There is typically a several month lag before they react to changing employment conditions.
What CPI are you using? The BLS publishes several. There is the all-inclusive CPI, but there is also a CPI-U, CPI-E, CPI-W, C-CPI-U.
While the official end of the emergency was May of last year we have been back to work and open for quite some time now. That is why I posted earlier the expiration date for the COVID excuse is about to expire.R.Suave » 07 Mar 2024, 2:52 pm » wrote: ↑ Name any of your beefs with Biden's economic policies that aren't a function of inflation.
Another example of why retelling is at once convenient and entirely unreliable.Huey » 07 Mar 2024, 2:46 pm » wrote: ↑ I didn't place blame. I stated facts. And I did not forget about the pandemic. The expiration date for that talking point will soon be upon us.
But I do love how you loons pick and choose what topics you blame the pandemic for. You one loon in particular who loves to bring up the worst quarterly GDP numbers that occurred during the Trump administration. He fails to mention it was during the pandemic. And then leaves out that very next quarter we saw the large increase that wiped out that loss.
Another one some of your fellow loons point to is oil production. Pre COVID we saw the greatest increase oil production. But all a couple of these loons will say is that Trump was president during the that marks the largest monthly oil production decline within a presidential term. What they won't discuss is COVID. Which dramatically dropped demand, there was plenty of supply, with no production. Also, Oil production recovered somewhat by the end of Trump’s presidency. During Trump’s last month in office, production had recovered to 11.1 million BPD, which was still 2.2 million BPD higher than during his inauguration month.
https://www.forbes.com/sites/rrapier/20 ... 2fe65e60ff
You either accept all things that were **** up by covid or you cherry pick when you are going to use that excuse.
That's **** idiotic.Huey » 07 Mar 2024, 3:06 pm » wrote: ↑ While the official end of the emergency was May of last year we have been back to work and open for quite some time now. That is why I posted earlier the expiration date for the COVID excuse is about to expire.
R.Suave » 07 Mar 2024, 3:01 pm » wrote: ↑ Spare me this onanism.
Post the measures by which you deemed Grifty's economy "fabulous"
R.Suave » 07 Mar 2024, 3:08 pm » wrote: ↑ Another example of why retelling is at once convenient and entirely unreliable.

Cute.
R.Suave » 07 Mar 2024, 3:09 pm » wrote: ↑ That's **** idiotic.
Supply chains had to recover from both Covid AND Pootie.
Huey » 07 Mar 2024, 3:15 pm » wrote: ↑ At least mine are truthful. You better hope the search function does not come back.
So you agree that agree that the largest drop in quarterly GDP was due to a massive global pandemic.
You also agree that the drop was erased the next quarter and then some.
You agree that that oil production pre covid was at historic levels and largest decrease was due to COVID.
And finally, oil production was higher when he left office than when he went in to office.
Since you agree with all of that than yes, my retelling is unreliable.
Duh!So you agree that agree that the largest drop in quarterly GDP was due to a massive global pandemic.
no...your math sucks.You also agree that the drop was erased the next quarter and then some.
ok.You agree that that oil production pre covid was at historic levels
It was due directly to production cuts for which Grifty claimed credit.and largest decrease was due to COVID.
This is ****...But I do love how you loons pick and choose what topics you blame the pandemic for. You one loon in particular who loves to bring up the worst quarterly GDP numbers that occurred during the Trump administration
More ****. See above.Another one some of your fellow loons point to is oil production. Pre COVID we saw the greatest increase oil production. But all a couple of these loons will say is that Trump was president during the that marks the largest monthly oil production decline within a presidential term.
ConsRule » 07 Mar 2024, 2:39 pm » wrote: ↑ You said, repeatedly, "...Biden inherited a global pandemic that, on election day, had no vaccine,..." (see post #49 in this thread for your first mention). The fact is, per the NIH, the Moderna vaccine was in clinical trials as early as March 2020. Hopefully you are smart enough to know you cannot start testing something...i.e. clinical trial...until after it is developed. Therefore your "no vaccine" comment was NOT TRUE. There was a vaccine, it just had not received an EUA. Wording something poorly can be described as misspoken.
Addtionally, Biden didn't "inherit" anything until he took the oath of office on 1/20/21. So, when he actually "inherited" things the country was more than a month into having vaccines administered. Even with the Trump Vaccines, there were still more COVID deaths under Biden than Trump.
Huey » 07 Mar 2024, 3:16 pm » wrote: ↑ Well, since you and Biden keep telling me the economy is awesome it looks like it has. So what is the excuse now?
ANd here comes the reframe.maineman » 07 Mar 2024, 3:28 pm » wrote: ↑ Our economy is better than any other nation's ... do you want to go someplace else? where else would you go to find an economy BETTER than ours?
maineman » 07 Mar 2024, 3:26 pm » wrote: ↑ Before December 1903, there was not a man-made self-propelled airplane that had ever flown. The Wright brothers spent the four years prior to December 1903 developing and perfecting their design. When they demonstrated to the world that their contraption could actually get off the ground and propell inself above the earth, THEN man could claim to have flown. Not until.
A potential vaccine was developed and testing was done on it. When the testing was done, and that testing proved that the vaccine was effective, THEN the world had a vaccine, and not one day before. For you to claim that the vaccine existed before the election is silly. The Wright Brothers plane existed in their Dayton, Ohio workshop before December 1903. The applied for a patent for their plane in March of that year, but we mark the beginning of manned self-propelled flight in December FOR GOOD REASON.
If the Moderna vaccine had taken three years of clinical trials to work out all of the kinks and finally gain FDA approval, would you STILL claim that it had "existed" during the Trump administration? You are splitting hairs and it is unbecoming.
And Trump didn't experience his first COVID death until the very last year of his term, and even then, none of any real signficant numbers until the spring of 2020. Biden was elected in November while the pandemic was raging AND THERE WAS NOT YET A VACCINE AVAILABLE TO TREAT IT. That's a fact.
America decided they would rather have Joe Biden guide us through a deadly pandemic than they would the clown who had fumble **** the government response from the jump. Remember the Diamond Princess? "Bad for the numbers"?
AND AGAIN... Joe Biden did a fine job... the USA recovered from COVID faster, better, stronger than any other nation on earth.