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Economic Update

Posted on 12/16/23 at 9:19 am
Posted by AlwaysPutsSeatDown
Member since May 2008
1003 posts
Posted on 12/16/23 at 9:19 am
Gas is 2.17 at Sam's.
Dow Jones Industrial Average is at a record high (37,305)
Unemployment is at 3.7%
(Unemployment of 5% or lower is often considered full employment in a real-world context.)
Posted by GBPackTigers
Louisiana
Member since Sep 2009
1098 posts
Posted on 12/16/23 at 9:22 am to
Inflation is out of control
Home foreclosures at an all time high
Credit Card debt at an all time high
Massive immigration problem
Democrat cities begging for economic bailouts

Delete this thread
Posted by DeafVallyBatnR
Member since Sep 2004
16879 posts
Posted on 12/16/23 at 9:23 am to
The Caniac combo Large was 17 dollars at the window. That's all you need to know about the Biden Economy.
Posted by AndyCBR
Baton Rouge, LA
Member since Nov 2012
7564 posts
Posted on 12/16/23 at 9:27 am to
quote:

Gas is 2.17 at Sam's.
Dow Jones Industrial Average is at a record high (37,305)
Unemployment is at 3.7%
(Unemployment of 5% or lower is often considered full employment in a real-world context.)




And every dollar you have is worth about $0.70.

Good luck with that.
Posted by Figgy
CenCal
Member since May 2020
7248 posts
Posted on 12/16/23 at 9:28 am to
quote:

AlwaysPutsSeatDown


Posted by papasmurf1269
Hells Pass
Member since Apr 2005
20917 posts
Posted on 12/16/23 at 9:28 am to
If you really believe everything is peachy then you’re fricking crazy
Posted by VOR
Member since Apr 2009
63667 posts
Posted on 12/16/23 at 9:30 am to
But see, a Democrat is in the White House, so things have to suck, right?
Posted by Tmcgin
BATON ROUGE
Member since Jun 2010
5087 posts
Posted on 12/16/23 at 9:30 am to
Lots of peeps pull against America on here
Sad Folks they are
Hope things turn around for you
Maybe you guys should work harder
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
68273 posts
Posted on 12/16/23 at 9:31 am to
Wall Street staccckkkked.


Main Street Fucccckkkked.
Posted by Zach
Gizmonic Institute
Member since May 2005
112635 posts
Posted on 12/16/23 at 9:37 am to
quote:

Dow Jones Industrial Average is at a record high (37,305)


I've had stocks for a long time (individual, not mutual) and I don't believe in judging the market in small time frames. They could plummet next month. The way I judge is by year. Biden's 3 years so far have been the worst for me in 30 years. If he has a great 2024 then it will be a good term. I'll wait and see before judging.
BTW, Trump's term was my most profitable ever.
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61387 posts
Posted on 12/16/23 at 9:39 am to
quote:


Gas is 2.17 at Sam's.


With a Sam's club membership, right? That's not a true cost because they use the fuel perks to attract customers to offset the lost cost by making up for it with in-store purchases.
This post was edited on 12/16/23 at 9:40 am
Posted by Nosevens
Member since Apr 2019
10448 posts
Posted on 12/16/23 at 9:40 am to
What is sad is you can’t see or distinguish between what you stated and actual facts/ truth / evidence
Posted by redneck hippie
Stillwater
Member since Dec 2008
5603 posts
Posted on 12/16/23 at 9:44 am to
This has been the same story for decades. Republicans destroy the economy and a democrat takes office and the economy recovers.

Bush > Clinton
GWB > Obama
Trump > Biden

Posted by pecxs
Pasadena, CA
Member since Dec 2003
517 posts
Posted on 12/16/23 at 9:45 am to
I can only use premium gas for all my cars except the pickup. Yesterday I paid $5.29 per gallon for premium (91) in Chevron off I-210
Posted by ChEgrad
Member since Nov 2012
3279 posts
Posted on 12/16/23 at 9:46 am to
Debt/GDP ratio is dangerously high. May not be able to recover from this.

Dollar is losing its stature as the default international currency.

This is the worst time in US history to buy a house. Young people are screwed.
Posted by OTIS2
NoLA
Member since Jul 2008
50219 posts
Posted on 12/16/23 at 9:47 am to
Honestly?
Posted by OccamsStubble
Member since Aug 2019
5103 posts
Posted on 12/16/23 at 9:58 am to
8,000,000+ new mouths to feed
Federal law ignored
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261782 posts
Posted on 12/16/23 at 9:58 am to
quote:

U.S. credit card debt reaches all time high, exceeds $1 trillion


Its a bubble.
Posted by BestBanker
Member since Nov 2011
17494 posts
Posted on 12/16/23 at 10:03 am to

This post was edited on 12/20/23 at 10:14 am
Posted by wackatimesthree
Member since Oct 2019
4218 posts
Posted on 12/16/23 at 10:08 am to
quote:

Gas is 2.17 at Sam's.
Dow Jones Industrial Average is at a record high (37,305)
Unemployment is at 3.7%
(Unemployment of 5% or lower is often considered full employment in a real-world context.)


That's awesome.

I guess we can tell all these whiners with their hands out that they can pay their own student loans back, huh?
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