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re: 03/03/25: ATL Fed predicts GDP to fall by -2.8% in 1Q25

Posted on 3/3/25 at 2:38 pm to
Posted by rob0710
LA
Member since Oct 2004
544 posts
Posted on 3/3/25 at 2:38 pm to
Directly and indirectly, our economy has mostly been government spending.
This post was edited on 3/3/25 at 2:39 pm
Posted by Philzilla
Member since Nov 2011
1978 posts
Posted on 3/3/25 at 2:42 pm to
quote:

Probably because no one bought anything on Friday.

Oh shite, totally forgot. My fault comrades.
Posted by AwgustaDawg
CSRA
Member since Jan 2023
11166 posts
Posted on 3/3/25 at 3:08 pm to
quote:

Directly and indirectly, our economy has mostly been government spending.



Its directly. For about 45 years we have been borrowing money and handing it to folks like the Walmart heirs. Everyone suspected something was amiss but they got us debating things like gay folks in the military and men in dresses reading to kids in public libraries and here were are.....
Posted by TutHillTiger
Mississippi Alabama
Member since Sep 2010
45898 posts
Posted on 3/3/25 at 4:29 pm to
Recession is ok, as long as it’s mild
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53160 posts
Posted on 3/3/25 at 6:05 pm to
quote:

And what are you alluding to? Trump's inauguration? Surely you don't think he can drive the economy off the cliff that fast, do you?


I mean, he’s gutting the civil service and throwing up tariffs. That doesn’t exactly inspire consumer confidence.
Posted by DesScorp
Alabama
Member since Sep 2017
8398 posts
Posted on 3/3/25 at 6:11 pm to
quote:

Long term this will help though.


Gotta clear the pus out before the wound heals.
Posted by Dixie2023
Member since Mar 2023
3420 posts
Posted on 3/3/25 at 6:12 pm to
Better take my funds out bf it corrects. It’s doing well.
Posted by DesScorp
Alabama
Member since Sep 2017
8398 posts
Posted on 3/3/25 at 6:13 pm to
quote:

mean, he’s gutting the civil service and throwing up tariffs.


LOL, we are nowhere NEAR “gutting” Federal jobs rosters.
Posted by Civildawg
Member since May 2012
9732 posts
Posted on 3/3/25 at 6:17 pm to
I saw an article the other day that basically said the US government is propping up delinquencies in the FHA housing market. Basically everyone that isn't paying their note, the government is just rolling that principal back into the loan and not marking them delinquent. I'm curious to know if that's true or not
Posted by Barbellthor
Columbia
Member since Aug 2015
9556 posts
Posted on 3/3/25 at 6:51 pm to
quote:

Anyone else miss Joe yet?

Why would anyone miss the guy whose policies exacerbated this?
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
19057 posts
Posted on 3/3/25 at 6:57 pm to
quote:

This makes no sense to me.


Trump policies.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11605 posts
Posted on 3/3/25 at 7:13 pm to
Which policies?
Posted by tadman
Member since Jun 2020
4739 posts
Posted on 3/3/25 at 7:34 pm to
quote:

I mean, he’s gutting the civil service and throwing up tariffs. That doesn’t exactly inspire consumer confidence.



(a) how is he gutting civil service, describe please in terms of percentages of salary spend or headcount.

(b) how does that ruin consumer confidence? I'm a lot more likely to think our nation is well off if there isn't a glut of civil service employees running up the debt
Posted by HempHead
Big Sky Country
Member since Mar 2011
56241 posts
Posted on 3/3/25 at 7:48 pm to
Buy some VIX calls if you can.
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
37279 posts
Posted on 3/3/25 at 7:49 pm to
Trumponomics again
Posted by RealDawg
Dawgville
Member since Nov 2012
10709 posts
Posted on 3/3/25 at 9:13 pm to
Little shitty economy for a bit get house rates back down :)
Posted by PrettyLights
Member since Oct 2014
1318 posts
Posted on 3/3/25 at 9:18 pm to
Will continue to stay the course and max out 401k.
Posted by Penrod
Member since Jan 2011
46559 posts
Posted on 3/3/25 at 9:30 pm to
quote:

If 20% of the TOTAL budget is fraud, then eliminating that will (short term) drop a nuke on GDP.

No one is alleging that 20% is fraud. That is a ridiculous estimate.
Posted by RobbBobb
Matt Flynn, BCS MVP
Member since Feb 2007
31084 posts
Posted on 3/3/25 at 9:34 pm to
quote:

ATL Fed predicts GDP to fall by -2.8% in 1Q25



Just 2 months ago it was growing at 2.3%
Posted by HogBalls
Member since Nov 2014
8727 posts
Posted on 3/3/25 at 9:35 pm to
quote:

Anyone else miss Joe yet?

Imagine missing an installed walking vegetable as president.
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