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Bidenomics?? US Gross Domestic Income Drops -1.8% QoQ For Q1 2023, REAL GDI At -0.8% QoQ (US Added 12.53M Jobs After April 2020 (Trump) While Bidenomics Took 2 1/2 years To Add 12.56M Jobs)
Confounded Interest ^ | 06/29/2023 | Anthony B. Sanders

Posted on 06/29/2023 8:47:57 AM PDT by Kaiser8408a

Bidenomics is a great marketing ploy where you have out of control Federal spending and magically decide to reopen the economy and school after Covid and focus only on jobs added after Biden was selected President and ignore the jobs added during Trump.

Real gross domestic income (GDI) is a measure of the incomes earned and the costs incurred in the production of gross domestic product. It’s another way of measuring U.S. economic activity. BEA also publishes the average of real GDP and real GDI.

REAL GDI dropped to -0.8% QoQ for Q1 2023. Kind of looks like Bidenomics is running out of gas.

On Biden’s claims that he created twice as many jobs as any other President, the US economy add 12.53 million jobs after April 2020 while Bidenomics created took 2 1/2 years to add 12.56 million jobs.

The official themesong of Bidenomics!!!

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: biden; bribinomics; jobs; trumpeconomy
Biden is such a clown.
1 posted on 06/29/2023 8:47:57 AM PDT by Kaiser8408a
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To: Kaiser8408a

The feds are propping up the market to benefit the veggie since his numbers are in the tank. I trust nothing coming out of the swamp! Neither should you. I can show you dozens and dozens of stores that have closed because people don’t have the money to splurge anymore. When meat prices are around $12 a pound for a piece of steak you better believe no one is buying frilly things anymore. It’s the game of survival now …the progressive Nazis from the DC swamp shoved it down our throats and now the whole nation is paying the ultimate price. I guess that’s why I love to see the Andy Griffith show, though it’s fictional it’s reminds you of a simpler life where grocery stores sold peaches for 8 cents a pound, etc. The greatest generation really had it good after the war. They were truly blessed…God is good!


2 posted on 06/29/2023 8:59:20 AM PDT by RoseofTexas
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To: Kaiser8408a
The only thing propping up GDP is $2.5+ trillion in deficit spending per year by government. This is why you don't see a technical recession being reported by the standard of two or more consecutive quarters of negative GDP.

These are measurements derived or borrowed from Keynesian economics. John Maynard Keynes has been repeatedly proven wrong on many things. It would make sense to stop using that crap to determine government policies.

3 posted on 06/29/2023 9:05:39 AM PDT by ConservativeInPA (Delay Trump’s trial, delay. Elect Trump President. Trump pardons himself.)
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To: Kaiser8408a

BidenTrainwreckenomics.


4 posted on 06/29/2023 9:18:43 AM PDT by bray
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To: RoseofTexas

“l it’s reminds you of a simpler life where grocery stores sold peaches for 8 cents a pound”

We only got peaches when in season. Never even saw a fresh cherry or Blueberry as a kid.

The only “steak” we had was pounded with a mallet and country-fried.

I was assigned to do the oil changes, points adjustments and brake adjustments and take the cars to the tire recap center.


5 posted on 06/29/2023 9:51:31 AM PDT by TexasGator
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To: TexasGator

Ah, the good all days. But at least you weren’t glued to a computer watching all the insanity and HATE filled crap for this nation! At least you were productive!


6 posted on 06/29/2023 10:33:19 AM PDT by RoseofTexas
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To: RoseofTexas

“Ah, the good all days. But at least you weren’t glued to a computer watching all the insanity and HATE filled crap for this nation! At least you were productive!”

We practiced ducking under our desks.

We were being bussed 60 miles from the school in nuclear attack planning.


7 posted on 06/29/2023 10:37:22 AM PDT by TexasGator
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