- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Gdp report
Posted on 4/30/25 at 11:39 am to 98eagle
Posted on 4/30/25 at 11:39 am to 98eagle
quote:
1. The government's automatic money printer has been turned off. That stupid thin air government money printing artificially inflates the GDP.
Last year's deficit was $1.8T, this one is estimated to be $1.9T. At this point there is no reality-based forecast showing any projected deficit lower than $1.5T. For all of that debt, Congress only services it. That's the real money printer and it's going just as strong as ever.
0
Posted on 4/30/25 at 11:42 am to InkStainedWretch
quote:
So what's coming out of the White House isn't politics?
Wouldnt everything out of the WH be labeled as politics?
What does that have to do with Jerome being too late and playing politics as a supposed unbiased
Posted on 4/30/25 at 11:44 am to HailHailtoMichigan!
GDP report explained in one sentence. Tariff front running no a decrease in government spending. Our country’s economy cannot grow without government spending and it’s been this way for over 20 years.
Posted on 4/30/25 at 11:50 am to SDVTiger
quote:
What does that have to do with Jerome being too late and playing politics as a supposed unbiased
This is such a retarded stance and you know it is. Powell does not unilaterally decide on rates.
Posted on 4/30/25 at 11:51 am to SDVTiger
Good lord, what do you not get about the Fed decisions on interest rates? They currently base their decision on formulas that prioritize inflation targets above other data. It’s not because they don’t like your president.
Posted on 4/30/25 at 11:56 am to Hateradedrink
Plus his mission prioritizes the interest of the economy, not the interest of one man and his constituency of people bitter that the world passed them by who are going to be awful pissed when they find out that Trump can't restore the world they crave and think is their birthright.
Posted on 4/30/25 at 12:07 pm to Hateradedrink
quote:
This is such a retarded stance and you know it is. Powell does not unilaterally decide on rates.
This is also an equallly retarded statement then
Jerome got everyone but 1 to agree on the initial first .5 cut
quote:
Plus his mission prioritizes the interest of the economy
do you forget Jerome said that inflation was transitory in 21 This post was edited on 4/30/25 at 12:15 pm
Posted on 4/30/25 at 12:08 pm to Hateradedrink
quote:
Fed is going to restart QE in Q3 this year, in all likelihood, which will make Trumps policies look better than they have been.
Gotta keep the fake economy going at any cost!
Posted on 4/30/25 at 12:09 pm to InkStainedWretch
I just looked at underlying data in the gdp report and I guess it is true that the data was decent/in line with 2024.
Sorry for melting
Sorry for melting
Posted on 4/30/25 at 12:11 pm to InkStainedWretch
quote:
Plus his mission prioritizes the interest of the economy, not the interest of one man and his constituency of people bitter that the world passed them by who are going to be awful pissed when they find out that Trump can't restore the world they crave and think is their birthright.
Exactly! who do these young folks think they are, thinking they are entitled to a real economy. Print and spend is the new economic model!
Posted on 4/30/25 at 12:24 pm to scottydoesntknow
This is the world I was referring to, from another post:
And it’s not likely to contribute one iota toward what POTUS has convinced his most rabid followers that he’s going to do … bring back old-school smokestack manufacturing to the US so that people with a high school education or less who love their mamas and Jesus and have strong backs and good work ethics and can say yes sir and no sir can make comfortable middle class livings.
My fear is how those people are going to react when they find out at the end of the day that the world they seek is never coming back, ever, because it doesn’t exist anymore and no tariffs will restore it.
There was a story in the British paper The Telegraph recently where they went to West Virginia and talked to coal miners who have been reduced to poverty by the move away from coal and the constant refrain was how they want to get even with everyone who’s preventing them from living the kinds of lives they want to and working the kind of jobs they want to … changing and adapting instead of clinging to those things are simply not considerations … and I fear that is going to be the final act of this.
But it’s easy to yell “China first.”
You will no doubt accuse me of stereotyping the people I described. On the contrary, that describes my father to a T and he was one of the finest men ever to draw breath. He worked for nearly 40 years at a steel plant. I would not be where I am today without what he did there and the opportunities he had there. As his father did before him.
But I also realize that s**t changes and it's silly to cling to something as a birthright or an entitlement instead of accepting that it's not there anymore and adapting and doing what it takes to function in the new world.
I'd like to think my father, who had many skills, would have found a way to adapt. Nobody is getting their foot into a modern manufacturing facility, even as janitor in a place that makes toothpicks, unless you have been trained past the secondary level to possess a specific desirable skill.
The POTUS has tried to convince his followers otherwise; again there's going to be hell to pay when they find out it was all a work, because I understand their attraction to the man because they think they have been s**t upon and ignored and marginalized for 50 years and are desperate for an advocate and they don't really have anything to lose anymore.
And given some of the talk on the Political Board, which I tried to dive into gingerly and am not revisiting, they've morphed from traditional conservatism practically into Bolshevik class warfare.
And it’s not likely to contribute one iota toward what POTUS has convinced his most rabid followers that he’s going to do … bring back old-school smokestack manufacturing to the US so that people with a high school education or less who love their mamas and Jesus and have strong backs and good work ethics and can say yes sir and no sir can make comfortable middle class livings.
My fear is how those people are going to react when they find out at the end of the day that the world they seek is never coming back, ever, because it doesn’t exist anymore and no tariffs will restore it.
There was a story in the British paper The Telegraph recently where they went to West Virginia and talked to coal miners who have been reduced to poverty by the move away from coal and the constant refrain was how they want to get even with everyone who’s preventing them from living the kinds of lives they want to and working the kind of jobs they want to … changing and adapting instead of clinging to those things are simply not considerations … and I fear that is going to be the final act of this.
But it’s easy to yell “China first.”
You will no doubt accuse me of stereotyping the people I described. On the contrary, that describes my father to a T and he was one of the finest men ever to draw breath. He worked for nearly 40 years at a steel plant. I would not be where I am today without what he did there and the opportunities he had there. As his father did before him.
But I also realize that s**t changes and it's silly to cling to something as a birthright or an entitlement instead of accepting that it's not there anymore and adapting and doing what it takes to function in the new world.
I'd like to think my father, who had many skills, would have found a way to adapt. Nobody is getting their foot into a modern manufacturing facility, even as janitor in a place that makes toothpicks, unless you have been trained past the secondary level to possess a specific desirable skill.
The POTUS has tried to convince his followers otherwise; again there's going to be hell to pay when they find out it was all a work, because I understand their attraction to the man because they think they have been s**t upon and ignored and marginalized for 50 years and are desperate for an advocate and they don't really have anything to lose anymore.
And given some of the talk on the Political Board, which I tried to dive into gingerly and am not revisiting, they've morphed from traditional conservatism practically into Bolshevik class warfare.
This post was edited on 4/30/25 at 12:27 pm
Posted on 4/30/25 at 12:38 pm to InkStainedWretch
quote:
This is the world I was referring to, from another post: And it’s not likely to contribute one iota toward what POTUS has convinced his most rabid followers that he’s going to do … bring back old-school smokestack manufacturing to the US so that people with a high school education or less who love their mamas and Jesus and have strong backs and good work ethics and can say yes sir and no sir can make comfortable middle class livings. My fear is how those people are going to react when they find out at the end of the day that the world they seek is never coming back, ever, because it doesn’t exist anymore and no tariffs will restore it. There was a story in the British paper The Telegraph recently where they went to West Virginia and talked to coal miners who have been reduced to poverty by the move away from coal and the constant refrain was how they want to get even with everyone who’s preventing them from living the kinds of lives they want to and working the kind of jobs they want to … changing and adapting instead of clinging to those things are simply not considerations … and I fear that is going to be the final act of this. But it’s easy to yell “China first.” You will no doubt accuse me of stereotyping the people I described. On the contrary, that describes my father to a T and he was one of the finest men ever to draw breath. He worked for nearly 40 years at a steel plant. I would not be where I am today without what he did there and the opportunities he had there. As his father did before him. But I also realize that s**t changes and it's silly to cling to something as a birthright or an entitlement instead of accepting that it's not there anymore and adapting and doing what it takes to function in the new world. I'd like to think my father, who had many skills, would have found a way to adapt. Nobody is getting their foot into a modern manufacturing facility, even as janitor in a place that makes toothpicks, unless you have been trained past the secondary level to possess a specific desirable skill. The POTUS has tried to convince his followers otherwise; again there's going to be hell to pay when they find out it was all a work, because I understand their attraction to the man because they think they have been s**t upon and ignored and marginalized for 50 years and are desperate for an advocate and they don't really have anything to lose anymore. And given some of the talk on the Political Board, which I tried to dive into gingerly and am not revisiting, they've morphed from traditional conservatism practically into Bolshevik class warfare.
What a load of defeatist garbage. You people cant even give a realistic economic model going forward other than to "keep the ship afloat until im dead"
Boomer: "things changed, we cant make things cheap enough"
Young person: "how do we pay China for cheap shite since we dont make anything here and dont have jobs"
Boomer: "Quit asking questions and get with the times"
Young person: Well can we at least lower regulations, taxes and environmental laws so that I can make products cheaper here
Boomer: "No, just take your little govt stipend and be content!"
This post was edited on 4/30/25 at 12:48 pm
Posted on 4/30/25 at 12:43 pm to scottydoesntknow
I suppose you would, by government decree, create a world where we return to the kind of manufacturing jobs those people want? It's irrelevant what the people who will consume what they produce or investors (to try to make this on topic for this board) want? Those people are the ones who really matter to the exclusion of everyone else and their interests?
I will be honest in saying I don't know what to do with them. Other than say train yourself to find a productive place in today's workforce, or go on UBI.
I will be honest in saying I don't know what to do with them. Other than say train yourself to find a productive place in today's workforce, or go on UBI.
Posted on 4/30/25 at 12:57 pm to InkStainedWretch
If the current model(print money, distribute it, and buy everything from overseas) is so great, why were we wrecked by inflation and why are we at unsustainable levels of debt? Why would we assume that this can be maintained forever?
Posted on 4/30/25 at 1:03 pm to scottydoesntknow
Debt-to-GDP is the more relevant number than raw debt, and I stopped looking at country of manufacture 40 years ago. I look at products and buy what I like the best and what suits my needs. If it comes from the US, super. If it comes from Albania, I don't care.
Posted on 4/30/25 at 1:18 pm to scottydoesntknow
Our spending since Covid hasn’t been sustainable. There have been warning signs since mid-late 2022 IMO. The recent illiquidity in the bond market didn’t just show up. Gold also has been ripping since right about that time.
Not suggesting I know the answer but what we were doing wasn’t working. Paying trillions for a war in Ukraine definitely was an issue. And the ballooning of the federal government payroll didn’t help.
Not suggesting I know the answer but what we were doing wasn’t working. Paying trillions for a war in Ukraine definitely was an issue. And the ballooning of the federal government payroll didn’t help.
This post was edited on 4/30/25 at 1:29 pm
Posted on 4/30/25 at 1:26 pm to scottydoesntknow
quote:It may be a bad model, but right now the plan is to retain the worst of the model and expand it (large deficit expansion) and somehow make it even worse (tariffs). So even if we don’t know how to fix it, trying things that we know are going to only make it worse doesn’t somehow make sense because they’re doing “something.” That’s the same logic progressives use.
If the current model(print money, distribute it, and buy everything from overseas) is so great, why were we wrecked by inflation and why are we at unsustainable levels of debt? Why would we assume that this can be maintained forever?
Posted on 4/30/25 at 1:31 pm to buckeye_vol
Yeah I would have liked to have seen us get rid of the obviously egregious spending, work on productivity and see where that gets us. I don’t think we can afford a recession and this will just lead to a lot more printing.
Posted on 4/30/25 at 1:36 pm to TigerMan327
quote:
Did you read it? Honestly didn't sound that bad
Of course he didn't. As soon as he finished wiping up his ejaculate after reading a headline he came straight here.
Posted on 4/30/25 at 2:38 pm to buckeye_vol
quote:
the plan is to retain the worst of the model and expand it (large deficit expansion) and somehow make it even worse (tariffs).
Lies. Ive never heard once the administration state this is their plan. It may be what YOU assume the plan is. The President has said hed sign a balanced budget bill. There is a GOP majority Congress...I wonder why this hasnt happened
Page 2 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News