- 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: 2.8% GDP Growth in Q3
Posted on 10/30/24 at 9:42 am to Hobie101
Posted on 10/30/24 at 9:42 am to Hobie101
quote:
A lot of price increases we see today is just because of greed.
Explain that, logically.
quote:
The narrative that the economy is bad is silly. It’s been robust for awhile.
You can say this all you want, no one person, including yourself, believes this. I know you don't believe this because every human being alive in America is paying incrementally more for goods and services. Yes, people are still buying, but guess what is also increasing? Consumer debt.
You're a Harris voter, so i'm assuming you think "price controls" will fix this?
4
Posted on 10/30/24 at 9:43 am to BugAC
quote:
Explain that, logically.
He cant. He learned that from Joe Biden and it has zero objective basis.
Posted on 10/30/24 at 9:45 am to mmmmmbeeer
quote:
I'm in this boat. I go to the grocery store to grab ingredients for dinner, maybe a couple odds and ends, and walk out the store with 2 bags after spending $80. It baffles me.
So why the disconnect?
Because you still believe and trust what the government is telling you, as if they are some benevolent force working to better our lives.
Posted on 10/30/24 at 9:46 am to BugAC
quote:
Explain that, logically.
He will say price gaging
Posted on 10/30/24 at 9:47 am to BugAC
quote:
I know you don't believe this because every human being alive in America is paying incrementally more for goods and services
Do you believe inflation should just not exist at all?
Posted on 10/30/24 at 9:48 am to RogerTheShrubber
Also this, the percentage of people with multiple jobs:
And not to forget:
Job growth by sector last 12 months
Government growth is second behind only private education and health services.
quote:
The moving average hovered slightly below 5% between the last two recessions before dropping to as low as 4.4% in 2021. Since then, it has been trending upwards and is now pushing above pre-pandemic levels. The moving average currently sits at 5.22%, its highest level since December 2009.
And not to forget:
Job growth by sector last 12 months
Government growth is second behind only private education and health services.
This post was edited on 10/30/24 at 9:50 am
Posted on 10/30/24 at 9:49 am to Hobie101
quote:
My portfolio is great
The stock market is a measure of inflation but it also goes down which inflation doesn’t
Also if you try to sell you have to pay taxes
Posted on 10/30/24 at 9:50 am to mmmmmbeeer
quote:
mmmmmbeeer
I generally stray away from taking financial advice from an incestuous pederast.
This post was edited on 10/30/24 at 9:51 am
Posted on 10/30/24 at 9:51 am to mmmmmbeeer
quote:
Slightly missed the 3.1% expectation but still strong. Consumer spending still strong. Markets at/near record highs. Inflation back down to 1.5%. Unemployment still below 5%. Incomes are up. Oh, and the Fed has signaled another meaningful rate cut will be coming in the next couple of weeks.
Why is the Fed cutting rates if the economy is so great?
Posted on 10/30/24 at 9:54 am to RogerTheShrubber
quote:
Then why did we amass 35t in debt creating it?
I agree that government spending is out of control, and has been for awhile. Why would any administration curb this? They will get blamed for slowing the economy. Politicians are only interested in doing what is needed to keep power. Eventually debt will tank us, but we are still the gold standard federal reserve and we have a long leash.
Posted on 10/30/24 at 9:54 am to mmmmmbeeer
quote:
Why is everyone saying the economy sucks?
because the bad man says it is. People complaining about the economy sound like a bunch of democrats in the 90's. Quit being poor and stupid. Economy and markets are at an all time high for people with half a brain that can hold down a good job.
Posted on 10/30/24 at 9:57 am to BigGreenTiger
quote:
Economy and markets are at an all time high
would love to see your data besides OMB
Posted on 10/30/24 at 9:57 am to BigGreenTiger
quote:
People complaining about the economy sound like a bunch of democrats
Or understand classic economics, unlike you.
Why are we using debt to grow the economy if its "working?"
Posted on 10/30/24 at 9:59 am to Chucktown_Badger
quote:
Government growth is second behind only private education and health services.
Yay! More unnecessary bureaucrats and govt employees.
The economy is busted and using band aids (government debt) to cover.
Posted on 10/30/24 at 9:59 am to BugAC
quote:
A lot of price increases we see today is just because of greed. Explain that, logically.
How is this difficult.
Meeting goes like this.
“ These idiots will pay whatever we charge for Gatorade because they can’t tell Braxton and his travel ball team to drink water after the game. Ok, let’s increase the price 50%. Sounds good, good meeting”
Posted on 10/30/24 at 10:00 am to BigGreenTiger
55% of Americans (and 62% of independents) say the economy is on the wrong track. Probably because they're going by what they're seeing and experiencing and not manipulated data coming from the administration trying to save itself...
Come on Americans, don't believe your lying eyes!
LINK
quote:
Despite those improvements, Americans may still be feeling pessimistic about the economy due to ongoing inflation outpacing wages — in short, people feel like money doesn’t go as far as it used to. Prices rose 20 percent between the beginning of the post-pandemic inflation surge in 2021 and the second quarter of 2024, while wages only rose 17.4 percent over the same period
Come on Americans, don't believe your lying eyes!
LINK
This post was edited on 10/30/24 at 10:01 am
Posted on 10/30/24 at 10:01 am to Hobie101
quote:
Meeting goes like this.
Youre a simpleton.
The problem is government spending and debt, period.
Posted on 10/30/24 at 10:02 am to mmmmmbeeer
Go grocery shopping. Report back
Posted on 10/30/24 at 10:02 am to mmmmmbeeer
So inflation is up 1.5% for the quarter?
So probably 4.5-6% for the year?
On top of the 20-30% for most goods over the last 3 years.
Is the average paycheck up the same amount over the last 3 years? Doubt it.
The market don't mean shite to most people making under 100K per year. The supermarket is where they feel the pain.
Bottom line is the bottom line is worse now for 80% of the people.
So probably 4.5-6% for the year?
On top of the 20-30% for most goods over the last 3 years.
Is the average paycheck up the same amount over the last 3 years? Doubt it.
The market don't mean shite to most people making under 100K per year. The supermarket is where they feel the pain.
Bottom line is the bottom line is worse now for 80% of the people.
Posted on 10/30/24 at 10:03 am to mmmmmbeeer
gee 6 days before the election.
cant wait for the 'revised numbers' to come out after Nov 4
cant wait for the 'revised numbers' to come out after Nov 4
Page 5 of 6
Back to top
Follow TigerDroppings for LSU Football News