All_Pro_Bills Posted October 4 Posted October 4 4 minutes ago, The Frankish Reich said: How much more of these disastrous numbers - low inflation, job growth - can Americans take! And curiously, the timing of good news could not have been better for one person in particular. Very convenient. 1
Tommy Callahan Posted October 4 Posted October 4 So much bs from the same exact voices that have done nothing but lie. When are they being revised. Like crime. These official numbers don't match people's realities. 1
The Frankish Reich Posted October 4 Posted October 4 13 minutes ago, Backintheday544 said: Amazing jobs report. Port strike over. Everything’s turning up Kamala I think those dockworkers came to their senses. They were gonna help Trump get elected, after which he would've busted their union with a Republican majority NLRB. (Not that I think busting that particular union would be a bad thing)
Joe Ferguson forever Posted October 4 Posted October 4 13 minutes ago, All_Pro_Bills said: And curiously, the timing of good news could not have been better for one person in particular. Very convenient. Yes, because before today we D's enjoyed being blamed for a bad economy. We could have fixed it by clicking our glass slippers together but chose not to. 1 1
Backintheday544 Posted October 4 Posted October 4 20 minutes ago, Tommy Callahan said: So much bs from the same exact voices that have done nothing but lie. When are they being revised. Like crime. These official numbers don't match people's realities. My reality is the economy is doing pretty good right now. Why dont you pick yourself up by the bootstraps? 1 1 1
The Frankish Reich Posted October 4 Posted October 4 Just now, Tommy Callahan said: Those are good numbers! It is consistent with a reduction in inflationary forces caused by an overly tight labor market. It's almost as if all the lazy asses who stopped working during their extended COVID holidays now need to get a job. 1 1 1
Starr-Bills Posted October 4 Posted October 4 My guess is this guest didn’t like the snacks in the green room and so decided to say something so he wouldn’t get invited on Fox again. 1
The Frankish Reich Posted October 4 Posted October 4 Flipped on CNBC to see the Bank of America CEO calling this a "Goldilocks" moment. Jobs growth not too high (causing inflationary pressure) or too low (fear of recession) and inflation negligible. The next guest doubled down, with CNBC running the banner "Mother of All Soft Landings." Disastrous! R's are gonna have to start talking about trans kids in bathrooms again. 1 1 1
sherpa Posted October 4 Posted October 4 I really wish two things happened in this forum, actually a lot more, but two economic things. One, stop taking one month economic reports as trend. Smarter to see a six month moving average. One month's data is notoriously distorted and not illustrative. Two. Stop with the assigning of US economic performance with the administration. There isn't a single thing this group has done to positively effect it. On the other hand, they can hurt it, which is exactly what would happen if this insane proposal to tax unrealized capital gains would do. 1 1
Tommy Callahan Posted October 4 Posted October 4 Some nice receipts in this thread for when the numbers again get revised down and more accurately reflect what people are seeing and feeling. Yes. Wall Street and the fortune 500 controlled by vanguard and blackrock support her. As the last four have been great for them and they will make bank with more deficit spending directly to them. If you had a game like that going on, you wouldn't want it to change either. Remember when the orange dude was around and people talked income inequality, not so much any more.
The Frankish Reich Posted October 4 Posted October 4 1 minute ago, Tommy Callahan said: what people are seeing and feeling. The new party of "feeling."
Tommy Callahan Posted October 4 Posted October 4 4 minutes ago, The Frankish Reich said: The new party of "feeling." Like crime. The official numbers don't match reality. It's all good. It's not like you and the source your parroting haven't been down this same path. Like every month. Then crickets when it's revised. But this time. It's different. "The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command"
Starr-Bills Posted October 4 Posted October 4 1 hour ago, sherpa said: I really wish two things happened in this forum, actually a lot more, but two economic things. One, stop taking one month economic reports as trend. Smarter to see a six month moving average. One month's data is notoriously distorted and not illustrative. Two. Stop with the assigning of US economic performance with the administration. There isn't a single thing this group has done to positively effect it. On the other hand, they can hurt it, which is exactly what would happen if this insane proposal to tax unrealized capital gains would do. Some context (on my posts) I believe this thread was started on Aug 5th during the one day stock market crash and that was being used to characterize the Biden admins (and Harris by proximity failed economic policies and the looming recession. since then (next day or two later even) the stock market rebounded and has set new record highs several times. now anyone with 3 brain cells to rub together knows both what you said is true and that the stock market isn’t the economy. (It’s telling that the felon was very boastful of the stock market when in office and predicted incorrectly it’s cratering if he wasn’t reelected). So we’ve (and I’m mostly speaking for myself) have taken to mocking the doom sayers who started this thread by posting the positive news about the economy as satire to the absurdity of thinking the one down day in the market was an indicator of a recession. taxing unrealized gains seems unwieldy at best to me and more likely impossible to implement and incredibly chilling and destabilizing worst. Seems fixes in the tax code (minimum rates, and fewer loopholes, etc) would both provide the additional revenue and be easier to implement and enforce an understandable playing field. 🤷♂️
Big Blitz Posted October 4 Author Posted October 4 28 minutes ago, ChiGoose said: "Everything I don't like is fake news!" -MAGA Because the job numbers every month have indeed been fake news. Thank you for coming to my Ted Talk. 1
OrangeBills Posted October 4 Posted October 4 7 hours ago, Backintheday544 said: Amazing jobs report. Port strike over. Everything’s turning up Kamala LOL, +750k gov't workers...record 2nd job-takers... It's turning up Kamala because she's the chosen vessel of the Marxist Cabal, but this is not something people should be celebrating 1
The Frankish Reich Posted October 4 Posted October 4 1 hour ago, OrangeBills said: the Marxist Cabal We have a new one! 1
K D Posted October 5 Posted October 5 No matter who wins in Nov, we will have a recession. The not so secret secret is that we are already in one but fake jobs reports, rate cuts, and depletion of gas and oil reserves is keeping us afloat...for now. 1
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