# Biden is delivering Trump a country in economic great shape **URL:** \ **Category:** Politics & Elections\ **Tags:** trump\ **Created:** [November 10, 2024, 1:30pm UTC](https://boards.straightdope.com/t/biden-is-delivering-trump-a-country-in-economic-great-shape/1010020 "2024-11-10T13:30:29Z")\ **Posts on this page:** 5\ **Page:** 1
**Author:** ![survinga](https://avatars.discourse-cdn.com/v4/letter/s/cab0a1/32.png) [@survinga](https://boards.straightdope.com/u/survinga)\ **Post date:** [November 10, 2024, 1:30pm UTC](https://boards.straightdope.com/t/biden-is-delivering-trump-a-country-in-economic-great-shape/1010020/1 "2024-11-10T13:30:29Z")
Just like Obama delivered Trump an economic that had healed from 2008, Biden is delivering Trump an economy that healed from 2020. The pandemic is done. People are back to normal, and there’s now a much larger % of the population that works remotely. Inflation that came from supply chains mostly is now almost down to the FED target of 2%: > **[Multivariate Core Trend (MCT) Inflation](https://www.newyorkfed.org/research/policy/mct#--:mct-inflation:trend-inflation)** > > A measure of the trend, or “persistent,” component of personal consumption expenditures (PCE) price inflation. Unemployment is a whopping 4.1%: > **[Unemployment Rate](https://fred.stlouisfed.org/series/UNRATE)** > > Unemployment Rate Population/Employment prime age rate is at its highest levels since around 2001: > **[Employment-Population Ratio - 25-54 Yrs.](https://fred.stlouisfed.org/series/LNS12300060)** > > Employment-Population Ratio - 25-54 Yrs. We’re producing more oil and gas than any country ever has (Biden lost the imaginary war on oil): [https://www.eia.gov/dnav/pet/hist/leafhandler.ashx?n=pet&s=mcrfpus2&f=m](https://www.eia.gov/dnav/pet/hist/leafhandler.ashx?n=pet&s=mcrfpus2&f=m) Average Wages have recovered and have now eclipsed the inflation since pre-pandemic, and this has especially been the case for lower-level earners: > GDP growth has remained solid and above the rest of the developed world: > **[Real Gross Domestic Product](https://fred.stlouisfed.org/series/GDPC1)** > > Real Gross Domestic Product Our uninsured rate hit historic low levels in 2023, and remains lower than pre-pandemic averages, at around 7-8%: > **[Quarterly\_Estimates\_2024\_Q12.pdf](https://www.cdc.gov/nchs/data/nhis/earlyrelease/Quarterly_Estimates_2024_Q12.pdf)** > > 274.03 KB > **[The Uninsured Population and Health Coverage | KFF](https://www.kff.org/health-policy-101-the-uninsured-population-and-health-coverage/?entry=table-of-contents-trends-in-the-uninsured-rate)** > > This Health Policy 101 chapter examines the share of the United States population who are uninsured, highlighting their demographics and the challenges they face because of the lack of coverage. Economic conditions, federal and state policy... I started a thread back in early 2024 complaining that Biden is not getting any credit for the economy that has healed under his watch from what he inherited in January, 2021. The vast majority of the indicators have trended positive, and those that were troublesome (like inflation in 2022) have receded to something close to normal. But of course, we have to throw the Dems out, because there are transgender people in the Bureau of Labor & Statistics and it’s all fake numbers anyway (until something looks good under Trump, then they’ll say it’s real). Trump and his MAGAts of course are pretending he’s inheriting an economic mess, which is a pack of lies. America has a political problem. A problem with cultural backlash against change. A problem with an organized Fascist movement. However,our economy is doing very well. It’s impossible to break through to the average voter in Trump world and bring them the good news on the economy that their guy will inherit. They’re unreachable currently, because they eat/sleep/breathe misinformation and disinformation. But at least in the real world, we should acknowledge this. ---
**Author:** ![Si\_Amigo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/si_amigo/32/2877_2.png) [@Si\_Amigo](https://boards.straightdope.com/u/Si_Amigo)\ **Post date:** [November 10, 2024, 1:39pm UTC](https://boards.straightdope.com/t/biden-is-delivering-trump-a-country-in-economic-great-shape/1010020/2 "2024-11-10T13:39:45Z")
> [@survinga](#): > > Trump and his MAGAts of course are pretending he’s inheriting an economic mess, which is a pack of lies. Give them a little time and they will run it into the ground like they often do. Have some faith in thier ability pay for everything by running up the debt and then blaming it on Biden. Also, they will pretend that Harris never existed since she is a loser, better to blame Biden since they were already geared up to blame him. ---
**Author:** ![survinga](https://avatars.discourse-cdn.com/v4/letter/s/cab0a1/32.png) [@survinga](https://boards.straightdope.com/u/survinga)\ **Post date:** [November 10, 2024, 2:08pm UTC](https://boards.straightdope.com/t/biden-is-delivering-trump-a-country-in-economic-great-shape/1010020/3 "2024-11-10T14:08:43Z")
> [@Si\_Amigo](#): > > Give them a little time and they will run it into the ground like they often do They might run it into the ground. Sure. But they’ll be able to amp up their right-wing bullshit machine, and blame it all on transgender haitians in Ohio or something. ---
**Author:** ![Ruken](https://avatars.discourse-cdn.com/v4/letter/r/f475e1/32.png) [@Ruken](https://boards.straightdope.com/u/Ruken)\ **Post date:** [November 10, 2024, 3:11pm UTC](https://boards.straightdope.com/t/biden-is-delivering-trump-a-country-in-economic-great-shape/1010020/4 "2024-11-10T15:11:55Z")
> [@survinga](#): > > We’re producing more oil and gas than any country ever has Not just that, but total oil production under the current administration exceeds that produced under the least. ---
**Author:** ![Stranger\_On\_A\_Train](https://avatars.discourse-cdn.com/v4/letter/s/13edae/32.png) [@Stranger\_On\_A\_Train](https://boards.straightdope.com/u/Stranger_On_A_Train)\ **Post date:** [November 11, 2024, 4:17am UTC](https://boards.straightdope.com/t/biden-is-delivering-trump-a-country-in-economic-great-shape/1010020/5 "2024-11-11T04:17:59Z")
Just in time for Trump to completely wreck it. Because that is what he does. It’s his “thing”, his _métier_, his singular talent: > **[Column: A lengthy list of Trump's disastrous business deals — compiled by his...](https://www.latimes.com/business/story/2022-05-18/trump-business-partners-outline-his-failed-deals)** > > In a regulatory filing, Trump's latest business partners have compiled a handy list of all of his failed business deals. Stranger