The U.S. has had strong GDP growth and decent jobs growth. (It's hard to generate tremendous job growth with a 4.2% unemployment rate.)
These are very soft-pedaled data points by the liberal media.
You would think we have been in a recession if you turned on CNN and MSNBC.
We can contrast that to Canada's economic numbers which are even being juiced by energy prices.
Now I am literally the first to point out the cycle will turn. It always does. Doesn't matter who is in office. No political party has magic economic beans that brush aside cycles. A great professor of mine would demonstrate how even command economies have economic cycles much to their chagrin.
You are absolutely correct the right wing dramatized Biden's economic numbers. I don't know about distort as much as dramatize. Inflation was high during his term. Wages adjusted for inflation weren't great. Doesn't matter how you spin it.
I am not saying it was all Biden's fault. These are however objective data points. I think I dutifully present unadulterated economic data and information. If people including yourself believe something in your heart, there isn't any amount of economic data that will change your view.
PS- I can't tell you how many times I have had the
Britain's economy isn't screwed because of Brexit discussion. The data shows the EU is screwed on its own course and has been for awhile. If you follow much of the liberal media, you are 99% certain that Brexit is the problem.
Housing affordability is another good economic discussion. I keep hearing how everyone's favorite boogeyman private equity is pushing up prices.
Data shows that the U.S. has been under building homes for fifteen years. We are now estimated to be ~4 million housing units. That's what pushing up prices. Private equity buyers understand the shortage. The only answer is clearly BUILD MORE HOUSES. Now there are ebbs and flows in real estate, but the underlying shortage will persist.
View attachment 664729