Tommy Callahan Posted August 21, 2024 Posted August 21, 2024 If the economy was even close to strong. There would be no talk of three rate cuts.
RiotAct Posted August 21, 2024 Posted August 21, 2024 On 8/21/2024 at 3:35 PM, ScotSHO said: 818,000. That's a lot of oopsies. Sorry, eh as the Canucks would say. Expand it’s just transitory, I’m sure. 3
K D Posted August 21, 2024 Posted August 21, 2024 On 8/21/2024 at 4:10 PM, The Frankish Reich said: I'm talking about ordinary working people. Total debt as a percentage of income/assets. And yes, it does decrease with wealth, because that's kind of the definition of wealth. Expand If you acknowledge that many rich people may have literally millions in debt then who do you think benefits most with lower rates? Some derpy doo with $1,000 in credit card debt or someone like Bill Gates who likely has billions in debt that he can refinance? Your point was that it more favorably benefits normal people and that's absolutely false. Rich people have a better debt to income ratio sure but that's not what we are talking about. Rich people about to get richer in Sept 2
Big Blitz Posted August 21, 2024 Author Posted August 21, 2024 On 8/21/2024 at 7:13 PM, aristocrat said: Expand Vote for the people that crashed this economy to fix it! I suppose this is me cheering this on. I should just lie like the regime has been. 1
RiotAct Posted August 21, 2024 Posted August 21, 2024 On 8/21/2024 at 10:16 PM, Big Blitz said: They are beyond gone Expand oh my gob. 1 1
Doc Posted August 21, 2024 Posted August 21, 2024 On 8/21/2024 at 11:20 PM, Tommy Callahan said: Expand The perfect employee for this corrupt and inept Admin. Simply amazing. She should be promoted anyday now... 2 1
OrangeBills Posted August 22, 2024 Posted August 22, 2024 On 8/21/2024 at 3:17 PM, Tommy Callahan said: But trust the ones that provided this data. And revise it every month. And parrot it as a sign of a strong economy. It's all lies, smoke and mirrors with this disaster of an administration Expand These are the payroll numbers, not the HH survey, but if applied, then the UE rate would be MUCH higher, around 5.8%, HUGE contraction, terrible economy. If you assume about 40% overlap, meaning 60% fewer jobs, then the UE rate would be 5.6%, also really big/bad jump Both are Recessionary. So AMERICANS are in Recession, but.....Democrats need to be elected. 1
Orlando Buffalo Posted August 22, 2024 Posted August 22, 2024 On 8/21/2024 at 4:03 PM, K D said: Lol uhh what? Have you been listening to Dave Ramsey? Debt is how you get rich. You use other people's money to leverage. The richest people have by far the most debt. Elon Musk probably has more debt than entire countries. Expand You must think that declaring bankruptcy is a sign of being loaded also. On 8/21/2024 at 9:59 PM, Unforgiven said: Angry lying mr magoo Expand I want to know where the balance is to the Orlando area, where has inflation been mild to contract my area? Rents are almost double for same size, food is at least 50% and eating out is almost that much more. Where is rent less than a 20% increase? 1
Unforgiven Posted August 22, 2024 Posted August 22, 2024 The good news is, if we go into a depression at least we will have the government to tell us we're not in a depression and no, people aren't really starving or dying. 1
Doc Posted August 22, 2024 Posted August 22, 2024 On 8/22/2024 at 9:46 AM, Unforgiven said: The good news is, if we go into a depression at least we will have the government to tell us we're not in a depression and no, people aren't really starving or dying. Expand If Harris is President, we will have her joy to sustain us!
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