Vambo Posted October 5, 2023 Report Share Posted October 5, 2023 CRISIS LOOMING Data shows crash not seen since Great Depression could strike in 2024 Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted October 6, 2023 Report Share Posted October 6, 2023 History shows what happens to a country and it's people when they have done what this gov is doing.... Quote Link to comment Share on other sites More sharing options...
cccjwh Posted October 6, 2023 Report Share Posted October 6, 2023 Is it the same link you guys used two years ago? Quote Link to comment Share on other sites More sharing options...
cccjwh Posted October 6, 2023 Report Share Posted October 6, 2023 Hey, keep praying to your orange god for that depression. US job growth smashes expectations raising prospects for rate hikes | Reuters WASHINGTON, Oct 5 (Reuters) - U.S. job growth surged in September, suggesting that the labor market remains strong enough for the Federal Reserve to raise interest rates this year, though wage growth is moderating. Nonfarm payrolls increased by 336,000 jobs last month, the Labor Department said in its closely watched employment report on Friday. Data for August was revised higher to show 227,000 jobs added instead of the previously reported 187,000.... There was no boost from the end of a months-long strike by Hollywood actors, as they returned to work after the payrolls survey period. The unemployment rate was unchanged at an 18-month high of 3.8%. Monthly wage growth remained moderate, with average hourly earnings rising 0.2% after a similar gain in August. In the 12 months through September, wages increased 4.2% after advancing 4.3% in August. Wages are still rising faster than the 3.5% pace that economists say is consistent with the Fed's 2% inflation target. 2 Quote Link to comment Share on other sites More sharing options...
cccjwh Posted October 26, 2023 Report Share Posted October 26, 2023 ...... https://www.cnbc.com/2023/10/26/us-gdp-grew-at-a-4point9percent-annual-pace-in-the-third-quarter-better-than-expected.html The U.S. economy grew even faster than expected in the third quarter, buoyed by a strong consumer in spite of higher interest rates, ongoing inflation pressures, and a variety of other domestic and global headwinds. Gross domestic product, a measure of all goods and services produced in the U.S., rose at a seasonally adjusted 4.9% annualized pace in the July-through-September period, up from an unrevised 2.1% pace in the second quarter, the Commerce Department reported Thursday. Economists surveyed by Dow Jones had been looking for a 4.7% acceleration in real GDP, which also is adjusted for inflation. Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted October 26, 2023 Report Share Posted October 26, 2023 1 Quote Link to comment Share on other sites More sharing options...
cccjwh Posted October 27, 2023 Report Share Posted October 27, 2023 1 hour ago, Canton Dawg said: "The economy is terrible." -Cult members GDP 4.9%. Post memes - Cult members Quote Link to comment Share on other sites More sharing options...
cccjwh Posted October 27, 2023 Report Share Posted October 27, 2023 Quote Link to comment Share on other sites More sharing options...
VaporTrail Posted October 27, 2023 Report Share Posted October 27, 2023 1 hour ago, cccjwh said: "The economy is terrible." -Cult members GDP 4.9%. Post memes - Cult members GDP is not the same as individual/household financial security. You can rave about the GDP all you like, but it doesn't change the fact that the average American family is feeling the squeeze every time they go to the pump, or the grocery store, or get fast food. Housing prices haven't really fallen since the interest rates bumped up - pricing out millions of potential homeowners from buying. GDP, especially in the US, is quite meaningless. Its numbers get inflated by useless (and less than useless) shit like Netflix, DraftKings, bloated healthcare/insurance companies, DC think tanks. GDP isn't the slam dunk you think it is. What you're doing is the equivalent of a doctor looking at a patient's normal cholesterol and telling them they're perfectly healthy. Meanwhile, their blood pressure is in the 200s, blood sugar is in the 300s, heart rate is 130 and irregular, and their kidney function is trash. 1 Quote Link to comment Share on other sites More sharing options...
cccjwh Posted October 27, 2023 Report Share Posted October 27, 2023 9 hours ago, VaporTrail said: GDP is not the same as individual/household financial security. You can rave about the GDP all you like, but it doesn't change the fact that the average American family is feeling the squeeze every time they go to the pump, or the grocery store, or get fast food. Housing prices haven't really fallen since the interest rates bumped up - pricing out millions of potential homeowners from buying. GDP, especially in the US, is quite meaningless. Its numbers get inflated by useless (and less than useless) shit like Netflix, DraftKings, bloated healthcare/insurance companies, DC think tanks. GDP isn't the slam dunk you think it is. What you're doing is the equivalent of a doctor looking at a patient's normal cholesterol and telling them they're perfectly healthy. Meanwhile, their blood pressure is in the 200s, blood sugar is in the 300s, heart rate is 130 and irregular, and their kidney function is trash. I see just like the unemployment numbers; the GDP is now meaningless. Got it. Quote Link to comment Share on other sites More sharing options...
VaporTrail Posted October 27, 2023 Report Share Posted October 27, 2023 49 minutes ago, cccjwh said: I see just like the unemployment numbers; the GDP is now meaningless. Got it. I see you're tone deaf, just like the people running the country. Got it. 2 1 Quote Link to comment Share on other sites More sharing options...
cccjwh Posted October 27, 2023 Report Share Posted October 27, 2023 37 minutes ago, VaporTrail said: I see you're tone deaf, just like the people running the country. Got it. I heard you. Numbers are meaningless. Just like court ruling, election results, and etc. Your feelings are all that matter. GDP is just one of the many indicators to see how well/poor our economy is doing. Really, 4.9 is too high it now (IMO), may cause the FED to raise rates again. But just dismissing the numbers is just closed minded. It's why some many cult members here are so delusional. The are fed every negative thing their propaganda can find and/or make up. While ignoring anything that seems positive. 1 Quote Link to comment Share on other sites More sharing options...
VaporTrail Posted October 27, 2023 Report Share Posted October 27, 2023 1 hour ago, cccjwh said: I heard you. Numbers are meaningless. Just like court ruling, election results, and etc. Your feelings are all that matter. Your employment numbers are being inflated by gig jobs that don't provide health insurance nor a living wage. Everything is honky dory. Apparently, only your numbers matter, not the ones that I pointed out. 1 Quote Link to comment Share on other sites More sharing options...
nickers Posted October 27, 2023 Report Share Posted October 27, 2023 6 hours ago, cccjwh said: I heard you. Numbers are meaningless. Just like court ruling, election results, and etc. Your feelings are all that matter. GDP is just one of the many indicators to see how well/poor our economy is doing. Really, 4.9 is too high it now (IMO), may cause the FED to raise rates again. But just dismissing the numbers is just closed minded. It's why some many cult members here are so delusional. The are fed every negative thing their propaganda can find and/or make up. While ignoring anything that seems positive. Once a DOLT... Always a DOLT... You take first place Chumbley! Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted October 27, 2023 Report Share Posted October 27, 2023 8 hours ago, VaporTrail said: Your employment numbers are being inflated by gig jobs that don't provide health insurance nor a living wage. Everything is honky dory. Apparently, only your numbers matter, not the ones that I pointed out. You’ll soon realize the Biden Nut Swingers aren’t very good with economics. Quote Link to comment Share on other sites More sharing options...
Axe Posted October 27, 2023 Report Share Posted October 27, 2023 https://www.usatoday.com/story/money/2023/10/18/us-household-wealth-grew-pandemic/71228077007/ "U.S. household wealth ballooned at a record pace during the pandemic as the government doled out unprecedented aid" I have a real hard time believing this but then again, it's from USA Today And it's from 2019 TO 2022 only. Shortly in to 22 the market shit all over the place. 1 Quote Link to comment Share on other sites More sharing options...
FairHooker11 Posted October 28, 2023 Report Share Posted October 28, 2023 cccp has got to be asking himself just how the impacts of US Govt bailout $$ plays into the jobs / stock market all of which a corrupt biden adm gladly accepted credit for while taxpayers are the ones responsible... like TARP in 2009 (money flooding to save the banks too big to fail) came YUGE $$ from pan(SCAM)demic relief in 2020, and kept going by congress not willing to reign in spending. the details of latest budgets are gauged against those 2020 spending levels and the best they can do is STILL not agree on pre pandemic spending. Quote Link to comment Share on other sites More sharing options...
Axe Posted October 28, 2023 Report Share Posted October 28, 2023 https://flowingdata.com/2023/10/26/rising-to-top-net-worth-by-age/?utm_placement=newsletter Quote Link to comment Share on other sites More sharing options...
cccjwh Posted December 14, 2023 Report Share Posted December 14, 2023 You cult members still hoping for that depression? 🤷♂️ “If he gets in, you will have a depression the likes of which you’ve never seen. Your 401(k)s will go to hell and it’ll be a very, very sad day for this country,” - Cheetos Jesus https://www.cnbc.com/2023/12/12/stock-market-today-live-updates.html There's good news for your 401(k): stocks are surging, with the Dow Jones Industrial Average pushing deeper into record territory on Thursday, a day after the Federal Reserve said interest rates may go down in 2024. The Dow closed at a record high of 37,090.24 on Wednesday, up 1.4% from the previous day. The S&P 500 and Nasdaq composite also climbed 1.4%, with the S&P 500 benchmark nearing its own record high. The indices continued to see gains Thursday morning. The stock market rally came after the Fed signaled it's probably done hiking rates and is forecasting three cuts next year. Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted December 14, 2023 Report Share Posted December 14, 2023 20 minutes ago, cccjwh said: You cult members still hoping for that depression? 🤷♂️ “If he gets in, you will have a depression the likes of which you’ve never seen. Your 401(k)s will go to hell and it’ll be a very, very sad day for this country,” - Cheetos Jesus https://www.cnbc.com/2023/12/12/stock-market-today-live-updates.html There's good news for your 401(k): stocks are surging, with the Dow Jones Industrial Average pushing deeper into record territory on Thursday, a day after the Federal Reserve said interest rates may go down in 2024. The Dow closed at a record high of 37,090.24 on Wednesday, up 1.4% from the previous day. The S&P 500 and Nasdaq composite also climbed 1.4%, with the S&P 500 benchmark nearing its own record high. The indices continued to see gains Thursday morning. The stock market rally came after the Fed signaled it's probably done hiking rates and is forecasting three cuts next year. Just think…it only took him 3 years to get things going in the right direction. Joe is slow, just like his nut swingers. Quote Link to comment Share on other sites More sharing options...
cccjwh Posted December 14, 2023 Report Share Posted December 14, 2023 3 minutes ago, Canton Dawg said: Just think…it only took him 3 years to get things going in the right direction. Joe is slow, just like his nut swingers. Well Cheetos did really fuck it all up. Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted December 15, 2023 Report Share Posted December 15, 2023 On 12/14/2023 at 1:01 PM, cccjwh said: Well Cheetos did really fuck it all up. Hike up your skirt, your alternate universe is showing. Quote Link to comment Share on other sites More sharing options...
cccjwh Posted December 15, 2023 Report Share Posted December 15, 2023 1 hour ago, Canton Dawg said: Hike up your skirt, your alternate universe is showing. Your feelings aren't evidence Cant. Quote Link to comment Share on other sites More sharing options...
Vambo Posted December 16, 2023 Author Report Share Posted December 16, 2023 On 12/15/2023 at 4:40 PM, cccjwh said: Your feelings aren't evidence Cant. 1 Quote Link to comment Share on other sites More sharing options...
Vambo Posted December 18, 2023 Author Report Share Posted December 18, 2023 OPINION Biden is the Grinch who stole Christmas by using Bidenomics Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted December 18, 2023 Report Share Posted December 18, 2023 On 10/27/2023 at 9:27 AM, VaporTrail said: Your employment numbers are being inflated by gig jobs that don't provide health insurance nor a living wage. Everything is honky dory. Apparently, only your numbers matter, not the ones that I pointed out. On 10/27/2023 at 8:42 AM, VaporTrail said: I see you're tone deaf, just like the people running the country. Got it. YEP on both. Quote Link to comment Share on other sites More sharing options...
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