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re: Economic Update
Posted on 12/16/23 at 9:44 am to Powerman
Posted on 12/16/23 at 9:44 am to Powerman
I have no idea but most are not existing under a bell shaped curve...is akin to a see-saw. For example, why is money pouring into the Dow? My sense is other sectors are too unhealthy to invest. We've gone from CD stockpiling into equities and I'm not smart enough to know. I do know indicators on the fringes bothers me
This post was edited on 12/16/23 at 9:48 am
2
Posted on 12/16/23 at 9:45 am to AlwaysPutsSeatDown
I can only use premium gas for all my cars except the pickup. Yesterday I paid $5.29 per gallon for premium (91) in Chevron off I-210
Posted on 12/16/23 at 9:45 am to wfallstiger
quote:
I do know indicators on the fringes bothers me
Sure. Like I said there are legitimate reasons to be concerned over the short term.
Posted on 12/16/23 at 9:46 am to AlwaysPutsSeatDown
Debt/GDP ratio is dangerously high. May not be able to recover from this.
Dollar is losing its stature as the default international currency.
This is the worst time in US history to buy a house. Young people are screwed.
Dollar is losing its stature as the default international currency.
This is the worst time in US history to buy a house. Young people are screwed.
Posted on 12/16/23 at 9:46 am to GBPackTigers
quote:
Home foreclosures at an all time high
What?
quote:
This is the worst time in US history to buy a house
Why?
This post was edited on 12/16/23 at 9:48 am
Posted on 12/16/23 at 9:47 am to AlwaysPutsSeatDown
Honestly?
Posted on 12/16/23 at 9:48 am to Powerman
quote:
He is an idiot for pointing out positive news that mysteriously makes you sad?
Sad? No. I want the economy doing well no matter the occupant of the WH. We own a business and a bad economy directly impacts us.
I don’t like cherry-picking data points to paint a false picture of the overall health of the economy and the American consumer.
Posted on 12/16/23 at 9:49 am to Figgy
quote:
I don’t like cherry-picking data points to paint a false picture of the overall health of the economy and the American consumer.
Leftists will refute facts all day long.
Posted on 12/16/23 at 9:51 am to pecxs
quote:
I can only use premium gas for all my cars except the pickup. Yesterday I paid $5.29 per gallon for premium (91) in Chevron off I-210
You did that to yourself pal
Posted on 12/16/23 at 9:51 am to ChEgrad
quote:
Dollar is losing its stature as the default international cur
Nope
Posted on 12/16/23 at 9:53 am to Powerman
quote:
And I said to bring facts
The only fact you need is Biden depleted our SPR, not once, but twice to get prices to come down. That should only be done if we are in a catastrophic war or a major disaster. He does it to keep his poll numbers above the Mendoza line.
Good policy would have organically had prices reduced. This president just executive orders things when they see their policies are so bad just to show people like you all is well. Then you eat it up.
You need to open your eyes.
Posted on 12/16/23 at 9:55 am to Powerman
quote:
So we can only talk about the negatives on the economy?
For 20 plus pages, you melted like an insane bitch about a FACTUAL statement Trump made because tho' it was ONE HUNDRED PERCENT TRUE, you "read his mind" and decided tho true, it was presented dishonestly.
NOW, cherry-picked half-truths that make your boy Biden look good and you chastise folks for critiquing it?
You are officially the biggest Biden apologist on the board...congrats...
Posted on 12/16/23 at 9:56 am to GBPackTigers
quote:
You need to open your eyes.
It's not a matter of observation, it's a matter of integrity.
Won't happen with these Biden Bots.
Posted on 12/16/23 at 9:57 am to Powerman
quote:
So we can only talk about the negatives on the economy?
Is a Democrat in office?
Posted on 12/16/23 at 9:58 am to AlwaysPutsSeatDown
8,000,000+ new mouths to feed
Federal law ignored
Federal law ignored
Posted on 12/16/23 at 9:58 am to AlwaysPutsSeatDown
quote:
U.S. credit card debt reaches all time high, exceeds $1 trillion
Its a bubble.
Posted on 12/16/23 at 9:59 am to GBPackTigers
quote:
The only fact you need is Biden depleted our SPR, not once, but twice to get prices to come down.
And in retrospect it probably had minimal positive effect and is nothing to worry about
quote:
Good policy would have organically had prices reduced.
The oil sector struggled to bring production back on line because that shite takes time dude. Now we're producing more oil than ever. The SPR drawdown was a stop gap measure to buy the industry time to catch up. You're welcome to disagree with it but production is driven by the private sector.
quote:
You need to open your eyes.
My eyes are open
You still didn't bring any facts. Hint - these facts should include things like numbers.
Posted on 12/16/23 at 10:00 am to Powerman
quote:
So we can only talk about the negatives on the economy?
Oil production is at an all time high and we've never been in a better position in the energy sector as a whole.
What sort of miserable person only wants to talk about the negatives?
And
Yet
One of the two political parties is
INTENTIONALLY trying to DESTROY that industry and kneecap reliable energy supplies and personal transportation.
But hey....let's celebrate
Posted on 12/16/23 at 10:01 am to Powerman
quote:
You still didn't bring any facts. Hint - these facts should include things like numbers.
Like $10.16?
let’s not pretend you care about facts. This post was edited on 12/16/23 at 10:01 am
Posted on 12/16/23 at 10:01 am to udtiger
quote:
One of the two political parties is
INTENTIONALLY trying to DESTROY that industry and kneecap reliable energy supplies and personal transportation.
They seem to be doing a pretty poor job considering production is at an all time high domestically
Maybe a lot of what you hear is just political fodder for the masses
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