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Started By
Message
Economy and Jobs are growing MUCH faster than anyone (except me!) expected.
Posted on 7/8/20 at 10:04 am
Posted on 7/8/20 at 10:04 am
LINK
quote:
Donald J. Trump
@realDonaldTrump
1h
Economy and Jobs are growing MUCH faster than anyone (except me!) expected. Job growth is biggest in history. China Virus Mortality Rate is among the LOWEST of any country. Shaping up for a good third quarter, and a great next year! NASDAQ at new record high, 401k’s way up!!!!
10
Posted on 7/8/20 at 10:07 am to Seldom Seen
I mean, he's not wrong. The underlying economy was surprisingly strong to rebound like this.
If we can just keep the Dem and weak Republican (looking really hard at you, Governor Abbott) governors from cutting off their noses to spite the faces, should be a strong run to the holiday season.
V-shaped recovery, baby!
If we can just keep the Dem and weak Republican (looking really hard at you, Governor Abbott) governors from cutting off their noses to spite the faces, should be a strong run to the holiday season.
V-shaped recovery, baby!
Posted on 7/8/20 at 10:16 am to Seldom Seen
Sounds good to me. My fellow Americans deserve it. They do NOT deserve to be ruled over by Democrats. Democrats are MARXIST.
Posted on 7/8/20 at 10:17 am to Seldom Seen
And yet the left will focus on "China Virus". It's awesome. 
Posted on 7/8/20 at 10:23 am to Seldom Seen
Democrats: We need more of Muh shutdowns
Posted on 7/8/20 at 10:24 am to Ace Midnight
quote:
The underlying economy was surprisingly strong to rebound like this.
Our fundamentals have always been strong despite the lunacy of the Dems, Reps and Fed Reserve continually trying to shite on them.
Posted on 7/8/20 at 10:25 am to Seldom Seen
what industry are y'all in?
I'm on the front lines of the industrial supply industry. Sales are not back by any stretch. We are about to extend partial and total furloughs through August. Boss called this morning and said we missed planned budget in June by 35%. July not looking better.
I guess service industry may be recovering. Of course oil prices are to blame also.
I'm on the front lines of the industrial supply industry. Sales are not back by any stretch. We are about to extend partial and total furloughs through August. Boss called this morning and said we missed planned budget in June by 35%. July not looking better.
I guess service industry may be recovering. Of course oil prices are to blame also.
Posted on 7/8/20 at 10:26 am to redneck hippie
I’d imagine you’ll get furloughed based on the fact that you’re a white male Democrat
Posted on 7/8/20 at 10:45 am to Seldom Seen
how many people are on unemployment, how many only have min. wage part time jobs.
Posted on 7/8/20 at 10:46 am to Seldom Seen
If the economy was good than rates wouldn't be near zero and the fed wouldn't be buying up worthless assets.
We're in the last quarter of the this financial system i.e. cycle, enjoy it while it lasts.
We're in the last quarter of the this financial system i.e. cycle, enjoy it while it lasts.
This post was edited on 7/8/20 at 10:48 am
Posted on 7/8/20 at 10:54 am to Seldom Seen
So why is Trump supporting another round of stimulus checks? Sounds like he would support laissez faire at this point?
LINK
LINK
This post was edited on 7/8/20 at 10:55 am
Posted on 7/8/20 at 10:58 am to NoMansLand
quote:
So why is Trump supporting another round of stimulus checks? Sounds like he would support laissez faire at this point?
LINK
- rates near zero
- fed purchasing huge amounts of assets (many of which are worthless)
- stimulus checks
The system is in its last quarter which is why rates have been going down for 40 years. Approaching system reset. I told people 10 years ago that the government would have to eventually have to just send people increasing amounts of money to keep the system going... we're there.
This post was edited on 7/8/20 at 11:01 am
Posted on 7/8/20 at 11:01 am to GeauxFightingTigers1
Kitchen remodeling is booming. This is tied to house flipping. The housing market must be hot. Has been for some time.
Posted on 7/8/20 at 11:03 am to ScottFowler
quote:
Kitchen remodeling is booming. This is tied to house flipping. The housing market must be hot. Has been for some time.
The system is in the last quarter as the system is based on interest i.e. requires exponential growth. Any system based on interest has a very finite life span, a few generations at most than system reset. More credit/debt has to be added to the system exponentially, the problem is human are finite as is the demand and supply.
If the system was on firm footing we wouldn't be at generational low rates.... peak was early 80s. Obviously the system can't generate the needed new credit/debt... eventually negative rates will have to be used.
This post was edited on 7/8/20 at 11:08 am
Posted on 7/8/20 at 11:31 am to Seldom Seen
It did rebound sooner but I was reading article that there are many signs that the recovery is about to flatline rather than keep recovering.
Probably should pump the breaks for now with UE still at 11% and business shuttering left and right. It will be a long and painful recovery
Probably should pump the breaks for now with UE still at 11% and business shuttering left and right. It will be a long and painful recovery
Posted on 7/8/20 at 11:38 am to 56lsu
quote:
how many only have min. wage part time jobs.
Meh...the same number that had them before Covid...Convenience stores and Wally worlds never shut down.
Posted on 7/8/20 at 11:39 am to 56lsu
quote:
how many people are on unemployment, how many only have min. wage part time jobs.
you mean besides you?
Posted on 7/8/20 at 11:43 am to 56lsu
quote:
how many people are on unemployment, how many only have min. wage part time jobs
There will always be stupid, lazy Democrats.....
Posted on 7/8/20 at 11:50 am to Seldom Seen
The Zephyr is currently running with 9 passenger cars, up from 8! this Zephyr rail car growth, to those in the know, is a sure sign of vigorous economic growth.
Posted on 7/8/20 at 1:03 pm to GeauxFightingTigers1
Fed was pumping in up to 100 Billion + in overnight repos starting last September. Banks got close to a trillion in bailout money before the Covid gift to all the billionaires and corporate welfare socialists.
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