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Message
re: Annual inflation rate hit 2.6% in October
Posted on 11/13/24 at 7:48 pm to Klark Kent
Posted on 11/13/24 at 7:48 pm to Klark Kent
I was actually conservative in my numbers, but tbh, I was just quoting from memory.
Yes, inflation is ridiculous, but thay was to be expected since the gov threw so much money into the economy via extended, ridiculous unemployment benefits and PPP.
You can do your own research; check car loan defaults rates, credit card delinquency ( Not cc balances- that's stupid), etc.
Yes, inflation is ridiculous, but thay was to be expected since the gov threw so much money into the economy via extended, ridiculous unemployment benefits and PPP.
You can do your own research; check car loan defaults rates, credit card delinquency ( Not cc balances- that's stupid), etc.
Posted on 11/13/24 at 11:47 pm to Delacroix22
You feel poor because you are poor. You waste a lot of money on services you should be doing yourself. Learn how to do manly work and repairs. Stop worrying about soiling your hands. Man up
Posted on 11/13/24 at 11:51 pm to Delacroix22
quote:
But also all the boomers will die off in the next 10-15 years so maybe things will even out in terms of the people trying to participate in the labor market
Dumbshit, the youngest boomers are only 60.
Posted on 11/14/24 at 12:27 am to Odysseus32
It's almost as if -- get this -- they aren't being entirely honest with us
Posted on 11/14/24 at 4:06 am to BottomlandBrew
quote:
Let's check back in 12 months after Trump raises tariffs.
Bookmarked and I will post it but you’ll never respond so let’s be honest. What’s the point?? Crybaby
Posted on 11/14/24 at 6:51 am to BottomlandBrew
quote:
Let's check back in 12 months after Trump raises tariffs.
Or the FED foolishly drops interest rates another full point.
Posted on 11/14/24 at 6:56 am to BottomlandBrew
quote:
Let's check back in 12 months after Trump raises tariffs.
He’s going to cause 40% inflation and claim you are a Nazi if you point it out?
Posted on 11/14/24 at 6:57 am to N2cars
quote:
Read above, or don't.
Ah yes google AI says it so it must be true
Posted on 11/14/24 at 7:37 am to FireawayLSU
quote:
Bookmarked and I will post it
Please do post it. I'm a big enough man to admit I'm wrong. I have no ego to defend.
I'm really curious where all of this affordable supply is going to come from when we don't have the resources domestically to produce most of what we consume. My only experience is in my industry, which is glass fabrication and associated metal/hardware/machinery. I have to import because domestic supply is either finite or non-existent for the things I need for my business. It would be a minimum of 3-5 years before any additional domestic supply could come online, and it would be sold at a massively increased price. If the tariffs are as proposed, my industry's only chance is getting exemptions.
My hope is that the tariffs are not as large as Trump campaigned on. He has some smart people around him, and I hope they can bend his ear and convince him that 60% on China and 10-20% on everything else is bad for business. I truly worry about a lot of small businesses surviving such huge increases in prices.
Do we need to encourage investment in American manufacturing? Abso-fricking-lutely. Do we need to encourage it with a sledgehammer? I don't believe so. I foresee too much collateral damage.
Posted on 11/14/24 at 7:54 am to SDVTiger
It's just a quick summary of actual facts.
Unemployment for college degreed folks is around 2%.
90%+ are current on their CC bills.
90%+ are current on their auto loans.
Feel free to cite something that disproves that.
Unemployment for college degreed folks is around 2%.
90%+ are current on their CC bills.
90%+ are current on their auto loans.
Feel free to cite something that disproves that.
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