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Started By
Message
re: The economy is so bad that the number of jobs created last month busted forecasts by 100K
Posted on 6/9/24 at 11:49 am to RoyalWe
Posted on 6/9/24 at 11:49 am to RoyalWe
quote:Yes, it's a small effect. The last time I checked a couple of months ago, total revisions amounted to like 13% over 18 months or so. So instead of adding like 2.5 Million jobs, we only added 2.2 million. MUH REVISIONS!!!!
quote:
this will be revised back down
They've been doing this for over a year. It's almost like they have an agenda...
2
Posted on 6/9/24 at 12:18 pm to Big Scrub TX
quote:
So instead of adding like 2.5 Million jobs, we only added 2.2 million. MUH REVISIONS!!!!
And how many of these added jobs were full time? Oh, that’s right we have lost over a million full time jobs during the last year.
Why do y’all beclown yourselves like this. Do you think no one reads the full report and the actual underlying data?
Posted on 6/9/24 at 12:33 pm to Big Scrub TX
quote:I almost posted a graphic of market returns relative to inflation since Biden was elected, but it was too depressing so I didn't bother.
I'd like to bring back the threads of the idiots complaining their 401Ks are down since Biden was elected.
Posted on 6/9/24 at 12:40 pm to Eurocat
Go back to Europe, cat.
Posted on 6/9/24 at 2:21 pm to RoyalWe
quote:
I almost posted a graphic of market returns relative to inflation since Biden was elected, but it was too depressing so I didn't bother.
There was a chart in the WSJ a couple of weeks ago showing the change in household net worth at the same point in Trump’s and Biden’s presidencies. One chart was in dollars and the other was in inflation adjusted dollars. Bottom line: They both show nice increases in absolute dollars. But when you adjust for inflation it is flat to negative for Biden. Need to see if I can find that again.
Posted on 6/9/24 at 4:42 pm to Big Scrub TX
quote:
So instead of adding like 2.5 Million jobs, we only added 2.2 million. MUH REVISIONS!!!!
context was already added to this and made the OP look like a fool.
you just jumped on the fool wagon without reading the whole thread?
Posted on 6/9/24 at 4:56 pm to SloaneRanger
quote:
Oh, that’s right we have lost over a million full time jobs during the last year.
but, but, but we have lotsa GUBMENT jobs and part time jobs at dollar general! hurr durr!
Posted on 6/9/24 at 8:26 pm to SloaneRanger
quote:MUH MOVING GOALPOSTS!!!
And how many of these added jobs were full time? Oh, that’s right we have lost over a million full time jobs during the last year.
Why do y’all beclown yourselves like this. Do you think no one reads the full report and the actual underlying data?
Posted on 6/9/24 at 8:27 pm to SloaneRanger
quote:I don't think that's right. Real household net worth is up a lot since 2019.
There was a chart in the WSJ a couple of weeks ago showing the change in household net worth at the same point in Trump’s and Biden’s presidencies. One chart was in dollars and the other was in inflation adjusted dollars. Bottom line: They both show nice increases in absolute dollars. But when you adjust for inflation it is flat to negative for Biden. Need to see if I can find that again.
Posted on 6/9/24 at 9:58 pm to Big Scrub TX
Posted on 6/9/24 at 10:38 pm to SloaneRanger
Posted on 6/9/24 at 11:02 pm to thegambler
quote:
How is this even legal? I bought my house 8 years because i could afford it and last year the noted jumped $300 per fukin month. With a fixed rate.
Taxes/insurance aren’t fixed prices
Posted on 6/9/24 at 11:05 pm to Thracken13
quote:
I didn't realize that could happen - granted I am at fault for not researching that side of things, but my mortgage folks didn't volunteer than info either.
Do you need someone to hold your hand for everything?
Posted on 6/10/24 at 2:49 am to Ghost of Colby
quote:
said Joe Brusuelas, chief economist for the accounting firm RSM US.
I love how economic data can be so skewed and manipulated these days that the reality is 180° from their propaganda.
This is how journalists lose at their profession, they go out of their way to find a source that confirms their bias that no one has hear of and quote directly to give the implication that this is the gospel.
Posted on 6/10/24 at 3:18 am to Big Scrub TX
quote:
They both show nice increases in absolute dollars. But when you adjust for inflation it is flat to negative for Biden. Need to see if I can find that again.
-----
I don't think that's right. Real household net worth is up a lot since 2019.
Posted on 6/10/24 at 6:21 am to NC_Tigah
This is the one. Thanks, OBiden.
Posted on 6/10/24 at 9:54 am to Eurocat
Again for the 100,000th time....
Look deeper into the numbers. Analyze the part-time vs full-time. Look at current full-time jobs versus pre-covid full-time jobs.
This is disturbing data.
Look deeper into the numbers. Analyze the part-time vs full-time. Look at current full-time jobs versus pre-covid full-time jobs.
This is disturbing data.
Posted on 6/10/24 at 10:36 am to jcaz
It is weird how Eurocat and Big Scrub get off spewing fake claims. Eurocat I get, he is just a nutty liberal. Big Scrub is confusing, because he is a pretty smart person financially.
It does not take a a very intelligent person to see through this administrations lies and antics.
It does not take a a very intelligent person to see through this administrations lies and antics.
Posted on 6/10/24 at 12:29 pm to DarthRebel
quote:
It does not take a a very intelligent person to see through this administrations lies and antics.
obviously it does. then again these dumbasses are as blind as ray charles.
Posted on 6/10/24 at 2:08 pm to Big Scrub TX
what
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