US economy grew a sluggish 0.5% in fourth quarter, government says, downgrading previous estimate

That, and a shockingly high number of people have convinced themselves that Covid happened under Biden and Trump had nothing to do with it.

Ignoring his pre-covid policies, like artificially keeping interest rates low, completely fucked our ability to respond to the recession caused by Covid.

Or how he dismantled the pandemic response unit months before the virus emerged.

That's what happens when a million people die and a million more leave the workforce because of Long COVID. Meanwhile, other service/tech economies faired much better because of their public health protocols. COVID was indeed bad for everyone. Worse for America because we had a conspiracy theorist in the White House.

Even before the Covid recession the economy was starting to peter out. His first two years looked great because he inherited Obama’s economy and he hand enough people around him to stop him from f****** things up. I bet that if he had the same staff this time we’d still be somewhat humming along. The US economy is a pretty well oiled machine, you practically have to intentionally sabotage it or have a crisis like Covid to f*** it up.

>And yet, people trusted him with the economy... TWICE! The problem isn't Trump - he's a symptom of a much larger and more dangerous rot in America.

For whatever reason he's going to blame Biden and they will believe it 100%

And they never show an ounce of introspection...

We need more of this

I think people only value that phrase ("like a business") in terms of profit extraction. Those people think running the country in such a way means everyone will get rich, rather than understanding it's more about a few people exploiting the larger group of "others" to take more for themselves. Ironically, that's exactly how the country is run. Politicians and their donors use the country to improve their own lives at the expense of everyone else.

They are betting the farm on AI being super lucrative and the commerical and industrial side of America becoming so deregulated that companies cannot resist flooding the market with c**** consumer goods that generate data that feeds the AI. Anything in the Consumer Index that generates data is cheaper while supply chains run smoothly and anything that doesn't is at its "true" cost, after factoring in how supply chains have effected that as well. But supply lines themselves are commodified and America is already a prime place to dump all the goods in that supply chain to be bought up. But if supply chains get jammed like they did in COVID and will continue to be under threat, the c**** consumer goods rise in cost as well as the "true cost" staples. Because local commerce for even groceries is rare and dependent on fuel costs and international trade. The point is to destabilize the bedrock of the international trade situation so much that it has to shift and for new blocs to be based on. It is a war on everything that has come about since WWII. And even then for America that isn't far enough back. They want to go back to Pre Civil War Federal Government, so they can get rid of Anti Trust Laws. If they picked up before the big stain on our history and get passed it then America will be so wide open in terms of Corporate mergers and things of that nature that the world will have to adapt.

Almost like it was a planned project of theirs to start in 2025…

Goddamn Obamna

Is bush making a comeback or are we still shaving?

As much as I'd love to see this I think the opposite will happen. This country is getting more conservative. Mainstream media are all owned by conservatives. The youth of today are listening to conservative podcasts. Education budgets are bare bones across the nation and college has never been more expensive. The algorithms also push all that content upfront and the average American is too dumb to know any better. I genuinely don't see a progressive future happening unless Trump causes Great Depression II, it would have to hurt more than 08 for change to happen.

> Prove me wrong, Republicans They're still getting over the fact you can't get AIDS from a toilet seat.

Oh but there's more! * Job growth - Dems win * GDP - Dems win * Lowering Inflation Rate - Dems win. * Stock Market - Dems win. *Every* major economic indicator performs better under Democratic Admins.

I'm not convinced they ever did. It's just the socially accepted lie shitty people say to justify their support because they are too cowardly to say the real reason.

But they are fiscally responsible. They secure billions for their donors and millions for themselves. They definitely know how to earn money for the people who matter to them.

This and let's be real healthcare is only profiting right now because people have no choice but to pay for what they need to survive. Eventually the oil money dries up that is funding AI and poof there goes AI. Leaving just healthcare. Not sure what would impact that outside of people simply not having the money to pay for it. So maybe that's the last pillar?

Half the healthcare jobs added in the March jobs report were from a healthcare worker strike ending. Not exactly the kind of "growth" we're looking for. And these numbers are before any revisions.

maybe we don't all need to live to 99????? dead weight at some point. /////////////////SSSSSSSSSSSS that's just me being butt hurt because i'm too young for medicare, make just enough to pay for my apartment and food for me and my cats, which puts me above the maximum income to get medicaid, and i'd be about 3k short a month if i wanted enough money to pay for healthcare. BUT SCARYOUTSIDE!!!! YOU CAN GET A LOAN!!!! I know i won't be able to pay any debt i take on, and entering a fiduciary agreement knowing thus constitutes FRAUD and I follow the law.

This is why the oligarchs are just tossing money between each other. Prop the stock market and make it seem like growth. The movement to stop data centers is growing and AI investment is not laying off for companies in numbers that the tech bros are promising. Once it pops the great wealth transfer will shut off and it will show the depression we’ve been in.

That's about the least amount they can claim and still say the economy is "growing." I don't trust it for a second.

negotiated with terrorists at Camp David ffs

Media is owned by the wealthy. The wealthy benefit from Trump policies. The media will never go after Trump until there is a clear Republican can fill the same role to replace him.