Joe Biden sets 50-year record for economic improvement in first year of presidency: report

No first-year president going back to Carter comes close to matching the current White House occupant’s No. 1 or No. 2 ranking in each of 10 key measures.

. According to data compiled by Bloomberg, no one comes close to matching Biden’s combination of No. 1 and No. 2 rankings for each of the measures:

Gross domestic product (1)
Profit growth (1) 
S&P 500 performance (2) 
Consumer credit (1) 
Non-farm payrolls (2) 
Manufacturing jobs (2) 
Business productivity (2) 
Dollar appreciation (2) 
S&P 500 relative performance (2) 

Per capita disposable income, which rose 1.08% this year, is the only comparable weakness for Biden, trailing Donald Trump’s 2.17%, George W. Bush’s 2.01%, Jimmy Carter’s 1.80% and Ronald Reagan’s 1.42%.

GDP growth in every incoming administration during the past four decades never exceeded 2.74% until 2021. Biden is now positioned to surpass Carter (5.01%) as the GDP champion of presidents since 1976. Much of the credit goes to The American Rescue Plan, which poured $66 billion into 36 million households and reduced the child poverty rate by 50%, helping the U.S. recover faster from the pandemic than most other nations.
Leading the Pack

The economy is poised to expand 5.5% in Biden’s first year as president

Lol so misleading…Imagine getting to base your improvement comparing o the numbers of the year before pandemic outbreak and subsequent shutdowns

This is some partisan sheep shit right here.


You mean like Trump declaring he had the lowest unemployment for black people, or his unemployment numbers in general when the trend started under Obama and Trump literally did nothing?

I don’t care what Trump declared…The man has an ego bigger than the ocean. My whole problem was, even pre-covid…That you fucking delusional partisan maniacs should have then stopped your whining not to mention the all-out media UNPRECEDENTED assault on him. I have no problem, nor should you (but that’s not how your progressive liberal meltdown precious self operates) with this statement here:

“Trump is doing a good job of continuing the progress started with Obama and now has the lowest unemployment rate in 30 years and the lowest black unemployment rate ever”…

Is that so hard? But no you would have thought Trump reversed those trends…and we were spiraling out of control pre-covid. We clearly were not.

And you also have to remember that in year 2-4 of Obama (we broke this down last 2 years on these message boards)…All of that (or at least a good bit of the categories) SPIKED under Obama early on(the only way for them to go was down or we were in serious trouble) …But hey I’m no economist, and maybe that was the way a lot of his plan was structured and to my untrained eye he did make progress and in many of those categories yes he did start a trend during his second term.

But partisan sheep like you will never be able to make that statement and instead inflict your political tantrums on the world around you.

Imagine me giving a fuck who is president when they aren’t telling me I’m not allowed to gather or if they would have told me I’m not allowed to bury a parent while George Floyd had 3 national funerals…I would vote for a piece of dogsshyt before the delusions of progressive liberalism, and those delusions manifest themselves every day…White supremacy, everyone’s a racist, kids in masks, etc, etc…Fuck off