I remember that in this subreddit, most people were predicting that the tariffs would destroy the U.S. economy by the summer, and then again in the fall when they realized that everything had actually gone fine over the summer.
And now it’s the same story all over again at the end of the year, with this unexpected GDP growth of 4.3%, well above estimates.
People will keep finding excuses, even going as far as claiming a conspiracy with fake numbers. But you can’t deny the facts:
- The United States is importing less and less, so Americans are learning to consume Made in America, which boosts the domestic economy.
- Americans are consuming more and more. The last “Black Friday” was a record. You can clearly see that Americans’ purchasing power is getting stronger. Car sales have increased significantly, a sign of Americans’ solid financial health.
Today, it is not a low unemployment rate fluctuating between 4.1% and 4.4% that is a problem, since not only is it very low, but these variations are nothing out of the ordinary.
US economy is very stronger thank to Trump's policy
byu/DoublePatouain inStockMarket
Posted by DoublePatouain
25 Comments
Retail here. You literally don’t know what you’re talking about.
Economy might be strong but my wallet certainly isn’t.
Bullshit
🤡
Written by a Russian bot
Who let stephen miller out of his cage and onto Reddit?
Now I’ve seen everything, a French kissing Trump’s ass.
>US economy is very stronger
Lmao
this gotta be copy-pasta
PMI says otherwise but hey, there was no housing inflation last month for the first time in history that wasn’t 2008 so why stop believing
This is probably written by Russian bot.
If you’re dismissing the idea the numbers coming out are highly suspect you’re delusional. There are orange fingerprints on all these – drawing accurate conclusions based on them is just wishful thinking.
I mean, think about the policies what you want but a GDP growth in the current climate is not the flex you think it is because it’s main reason are price increases / inflation.
90%+ of Black Friday purchases were made using credit lmao
Yep very stronger, Costco loves you
ragebait used to be believable
If you want to understand the numbers coming out of the Trump administration, look no further than the redaction of the Epstein files.
The good thing about fascism is that the premium on loyalty elevates incompetence. Soon every part of the administration will be reporting whatever Trump wants, which means that the international community will no longer be able to rely on US metrics. The ramifications of this will be immense.
No one said they would destory the economy in months, but tariffs are hurting the economy massively. The economy is souring and it takes times to see that in the numbers/data.
Trump’s mentality and economic policies are very similar to President Hoover in 1931 which implemented massive tariffs on the world and caused an even deeper depression. Hoover was also a deep racist and rounded up millions of brown people.
[https://www.washingtonpost.com/news/retropolis/wp/2018/08/13/the-time-a-president-deported-1-million-mexican-americans-for-stealing-u-s-jobs/](https://www.washingtonpost.com/news/retropolis/wp/2018/08/13/the-time-a-president-deported-1-million-mexican-americans-for-stealing-u-s-jobs/)
“Dunn’s research shows that about 1.8 million Mexicans were deported during the 1930s. Of that number, about 60 percent were U.S. citizens.”
The “facts” you cited are just opinions… please add some supporting evidence.
Black Friday was a record in $ spent, but less actual items were bought (because things are more expensive). Say what you want about whether or not that’s a good thing, but it’s misleading not to show the whole picture
🤖 🎶everything is awesome
>The United States is importing less and less, so Americans are learning to consume Made in America, which boosts the domestic economy.
Falling imports does not mean more domestic production.
> Americans are consuming more and more. The last “Black Friday” was a record. You can clearly see that Americans’ purchasing power is getting stronger.
The majority of consumer spending is coming from a small number of wealthy people. That’s a really bad sign.
Nigeria or Bangladesh?
Very embarrassment you
You didn’t read the entire report. GDP was primarily up to car sales proof to a tax credit cut off date. The data indicates a k economy, the wealthy spent due to perceived weather due to the stock market while middle class are living paycheck to paycheck check to pay check.