- 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
Run roh Raggy...GDP drops "unexpectedly" to 1.6%
Posted on 4/25/24 at 8:38 am
Posted on 4/25/24 at 8:38 am
From WSJ...U.S. Economic Growth Slowed to 1.6% LINK
And then this little nugget (emphasis added)
Guess you can only cook the books for so long...
Say it with me...
S
T
A
G
F
L
A
T
I
O
N
It's coming
quote:
American consumers are still spending heavily on healthcare, insurance and other services, the Commerce Department said. But a slowdown in spending on goods such as cars and gasoline, as well as a decrease in businesses’ inventory investments, weighed down overall growth.
And then this little nugget (emphasis added)
quote:
Thursday’s snapshot comes after a string of federal data in recent weeks suggested that the American economy keeps powering through the highest interest rates in 23 years.
Guess you can only cook the books for so long...
Say it with me...
S
T
A
G
F
L
A
T
I
O
N
It's coming
This post was edited on 4/25/24 at 8:39 am
19
Posted on 4/25/24 at 8:40 am to udtiger
quote:
Guess you can only cook the books for so long...
Eventually, the bill comes due...
Posted on 4/25/24 at 8:41 am to udtiger
But inital jobless claims dropped big after 6 weeks of the same number of 212k which is not possible 
Posted on 4/25/24 at 8:42 am to udtiger
Yeah, but the important thing is this administration has a really high % of LGBTLMNOP people!
Can’t let unimportant things like “inflation” or “GDP” get in the way of progress!
Can’t let unimportant things like “inflation” or “GDP” get in the way of progress!
Posted on 4/25/24 at 8:42 am to udtiger
Welcome back, Carter.
Posted on 4/25/24 at 8:43 am to SDVTiger
quote:
same number of 212k which is not possible
Well, it is possible when you are cooking the books...
Posted on 4/25/24 at 8:45 am to The Maj
True. But once some of the msm started calling it out all of sudden it drops today
Posted on 4/25/24 at 8:53 am to The Maj
quote:
Eventually, the bill comes due...
Yes, it does.
Posted on 4/25/24 at 8:54 am to udtiger
quote:
Thursday’s snapshot comes after a string of federal data in recent weeks suggested that the American economy keeps powering through the highest interest rates in 23 years.
As I mentioned in the other thread, I can't help but wonder if this is where JPow tries to pivot back toward cutting rates this year. If we get a cut before the Fall, inflation is going to get higher than a lab rat on LSD.
Posted on 4/25/24 at 8:58 am to udtiger
The only way out of the debt is to grow the GDP at a phenomenal rate and that would take near unlimited and near free energy like cold fusion.
In other words, a miracle.
Posted on 4/25/24 at 8:58 am to udtiger
Good, I’m hoping to move more of my savings into some investments and I’ve got a fund I’m waiting to pull the trigger on to lower my average cost per share. I hope the Nasdaq drops another 300 points today.
Posted on 4/25/24 at 8:59 am to Bard
quote:
If we get a cut before the Fall, inflation is going to get higher than a lab rat on LSD
And the kicker is that it would be too late to do anything positive (other than maybe on paper) before the election.
Posted on 4/25/24 at 9:01 am to Bard
quote:
toward cutting rates this year
The last inflation report increased cause of car insurance and gas. How does the fed have any control over that with rates?
I think they cut once unemployment rises just in time for Nov
Posted on 4/25/24 at 9:02 am to udtiger
Back out the deficit spending by the federal government and GDP is a negative 4-5%
Posted on 4/25/24 at 9:05 am to udtiger
Been saying it for a while. They can not!!
IT'S HAPPENING! Caterpillar down 9%!!
IT'S HAPPENING! Caterpillar down 9%!!
This post was edited on 4/25/24 at 9:20 am
Posted on 4/25/24 at 9:05 am to udtiger
quote:
Say it with me...
S
T
A
G
F
L
A
T
I
O
N
It's coming
It's coming? As in, isn't already here and hasn't already been here?
Posted on 4/25/24 at 9:11 am to teke184
Posted on 4/25/24 at 9:18 am to The Maj
quote:
Guess you can only cook the books for so long...
Eventually, the bill comes due...
Well these fricks in DC believe they can cook the books for as long as they are printing the money.
Posted on 4/25/24 at 9:27 am to udtiger
Just think how low it would be if the federal gov’t didn’t overspend by $1 trillion every 4 months.
Posted on 4/25/24 at 9:27 am to udtiger
Was it really "unexpected'?
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News