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Re: OMOLIVES post# 505257

Friday, 12/20/2024 9:52:46 PM

Friday, December 20, 2024 9:52:46 PM

Post# of 576111
Ok, look at Clinton's two terms & Obama's 2nd term....Obama needed a f'ing shovel to dig out of the first term GOP Great Recession 'hangover'. And you f'ing know that Trump will give us a 'reprise recession', deportations and tariffs having their way as they will.

Biden and Trump's GDP growth rates are very similar, with both administrations overseeing periods of robust economic growth:

Biden's GDP Growth:

Average annual GDP growth rate: 2.2% so far
GDP has increased by 8.4% when adjusted for inflation since Biden's inauguration

Annualized growth rate of about 2.9% (excluding pandemic effects)


Trump's GDP Growth:

Average annual GDP growth rate: 2.3%
GDP grew 6.8% over his term (including pandemic effects)
Annualized growth rate of just under 2.7% (excluding 2020 pandemic year)

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