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Budget office projects 4.6% growth in Biden’s first year
The Associated Press ^
| February 1, 2021
| By JOSH BOAK
Posted on 02/01/2021 8:37:15 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer
41
posted on
02/01/2021 9:06:49 AM PST
by
databoss
To: All
Well if Democratic governors actually open their states than I’m sure the gdp will go back up .
To: Oldeconomybuyer
THE CBO HAS NEVER, IN ITS ENTIRE HISTORY, BEEN RIGHT!
ABOUT ANYTHING!
43
posted on
02/01/2021 9:08:43 AM PST
by
Taxman
(SAVE AMERICA!)
To: Army Air Corps
How about measured in constant dollars. Economy grows 4% while inflation goes up 20%, at least, is not a great deal for anyone.
44
posted on
02/01/2021 9:09:21 AM PST
by
Mouton
(The enemy of the people is the media.)
To: Oldeconomybuyer
Growth of debt...more likely. And a bigger number than that....
This country is on a path of a real real rocky muddy slimy road...right now.
To: Oldeconomybuyer
Note specifically that the Budget Office makes no prediction about inflation (hyper-inflation) effects due to the speed-up of the greenback printing presses.
46
posted on
02/01/2021 9:10:11 AM PST
by
asinclair
(Political hot air is a renewable energy resource)
To: Oldeconomybuyer
Any “growth” should be compared to 2019, not 2020 when the Democrats shut down the economy.
47
posted on
02/01/2021 9:11:04 AM PST
by
libertylover
(This is not your Founding Fathers' United States of America anymore.)
To: Oldeconomybuyer
48
posted on
02/01/2021 9:13:21 AM PST
by
bigbob
(Trust Trump. Trust the Plan. )
To: Oldeconomybuyer
49
posted on
02/01/2021 9:16:22 AM PST
by
DoughtyOne
(The Republican Party is dead. Long live the Founders Party.)
To: Oldeconomybuyer
Laughable.
50
posted on
02/01/2021 9:17:22 AM PST
by
liberalh8ter
(The only difference between flash mob 'urban yutes' and U.S. politicians is the hoodies.)
To: Oldeconomybuyer
The decline of COVID-19 might push it up.
He’ll find a way to screw that up though.
He may have already done it with the $15.00 minimum wage.
51
posted on
02/01/2021 9:18:22 AM PST
by
DoughtyOne
(The Republican Party is dead. Long live the Founders Party.)
To: Oldeconomybuyer
"It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.”The Great Thomas Sowell
52
posted on
02/01/2021 9:23:56 AM PST
by
rlmorel
("I’d rather enjoy a risky freedom than a safe servitude." Robby Dinero, USMC Veteran, Gym Owner)
To: DoughtyOne
Hey, if $15 isn’t enough it’s try $35!
53
posted on
02/01/2021 9:24:35 AM PST
by
null and void
(Since I'm a punster, a jokester, and a well rounded funny guy, my personal pronoun is "He He")
To: Lod881019
There is no way he gets anywhere near that number.. Well, actually, there is a way. The MSM and the Budget Office will just report
in 6 months that the target projection of 4.6% growth has been met, even if the actual 'growth' is -3%.
Dos vedonya, Comrade.
54
posted on
02/01/2021 9:24:49 AM PST
by
Thommas
(The snout of the camel is in the tent.)
To: Oldeconomybuyer
That was my face when I read that headline.
To: Oldeconomybuyer
The Congressional Budget Office expects the U.S. economy will grow at a 4.6% annual rate this year, with employment returning to pre-pandemic levels in 2024 Without Biden's economic policies it would probably be much faster.
To: Oldeconomybuyer
4.6% Growth*
Excluding: housing, durable goods, agriculture, finance, manufacturing, energy, healthcare....
57
posted on
02/01/2021 9:31:47 AM PST
by
outofsalt
(If history teaches us anything, it's that history rarely teaches anything.)
To: Oldeconomybuyer
58
posted on
02/01/2021 9:32:03 AM PST
by
cp124
(Government is 98% corrupt. )
To: Army Air Corps
Sounds right. Don’t forget govt expenditures and stimulus count towards gdp. In other words it’s meaningless drivel from bureau of lies and statistics.
59
posted on
02/01/2021 9:33:39 AM PST
by
zek157
To: Army Air Corps
Considering where we are with lockdown, and how far behind in catching up to “normal”, 4.6% would be a pathetic recovery.
60
posted on
02/01/2021 9:36:10 AM PST
by
buwaya
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