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re: Often-touted Atlanta Fed GDPNow projection has some bad news for 3Q

Posted on 9/15/17 at 8:07 pm to
Posted by thebigmuffaletta
Member since Aug 2017
14010 posts
Posted on 9/15/17 at 8:07 pm to
I'm making more money under Trump than I was under your black Jesus.

Quit trying to convince people that didn't have economic success under Obama who are having economic success under Trump that they were actually having economic success under Obama.

Bank accounts don't lie no matter how many times you stomp your feet and say otherwise.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10358 posts
Posted on 9/15/17 at 8:11 pm to
What kind of income? Wages? Owner's draw? Investments?

Very curious. Do care.
Posted by buckeye_vol
Member since Jul 2014
35309 posts
Posted on 9/15/17 at 8:21 pm to
quote:

I'm making more money under Trump than I was under your black Jesus
Me too. But that has very little to do with either of them.
quote:

Quit trying to convince people that didn't have economic success under Obama who are having economic success under Trump that they were actually having economic success under Obama
Well I wasn't trying to convince anyone of that. We are talking about the broad economy, so I wasn't trying to apply that to each and every individual since that would be an example of the Ecological Fallacy anyways.
quote:

Bank accounts don't lie no matter how many times you stomp your feet and say otherwise.
Well given this:

The shocking number of Americans who can’t cover a $400 expense
quote:

About 46 percent of Americans said they did not have enough money to cover a $400 emergency expense.
Bank accounts are about the worst metric to use in support of your argument.

Regardless, if people aren't better off now, then the economy would be doing poorly. It's not doing poorly, and it wasn't doing poorly over the last few years so I'm obviously not arguing against that. My point is that the overall improvement is consistent with the last few years. You doing better doesn't change that; just like someone who is doing worse doesn't change it either.
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