4.9% UE, 5% income growth, pump prices going lower

[Weatherman2020]

Posted yesterday.

Armstrong: No Danger of Recession, BOE Should Stand Pat
Bloomberg‎ - 13 hours ago
Armstrong: No Danger of Recession, BOE Should Stand Pat · What Uber's Like Without ...
Worried about a world recession? Watch the US: Fitch Ratings

Poor Grizz, no sooner than he posts he becomes obsolete.

As long as China, India, and Brazil keep on industrializing and the US can provide long-term capital expenditures to support that, we will be OK.

Posted yesterday.

Armstrong: No Danger of Recession, BOE Should Stand Pat
Bloomberg‎ - 13 hours ago
Armstrong: No Danger of Recession, BOE Should Stand Pat · What Uber's Like Without ...
Worried about a world recession? Watch the US: Fitch Ratings

Do you bother looking at your links? Armstrong is talking about the UK.

In the meantime...

U.S. economy: Recession fears are growing

The U.S. States Where Recession Is Already a Reality

ALBERT EDWARDS: A 'tidal wave' is coming that will throw the US into recession

The Coming Recession of 2017 | Huffington Post

US Is In Recession, Says Noted Economist; Why The Obama Economic Recovery Plan Has Faltered

 

[Weatherman2020]

Poor Grizz, no sooner than he posts he becomes obsolete.

As long as China, India, and Brazil keep on industrializing and the US can provide long-term capital expenditures to support that, we will be OK.

Posted yesterday.

Armstrong: No Danger of Recession, BOE Should Stand Pat
Bloomberg‎ - 13 hours ago
Armstrong: No Danger of Recession, BOE Should Stand Pat · What Uber's Like Without ...
Worried about a world recession? Watch the US: Fitch Ratings

Not my fault Obama is the first President in history to never see a 3% annual GDP. Even the crappy 1 term ones.

 

[JakeStarkey]

weatherman does not understand that the UK and the US are part of the world economy. The significant part was "In July, the International Monetary Fund cut its global growth forecast for 2016 to 3.1 percent from 3.2 percent and its U.S. outlook to 2.2 percent from 2.4 percent. That is far better than what he posted."

 

[Weatherman2020]

Liar says 87 million Americans choose not to work.

You are saying they want to work, but that is only your silly opinion.

Fact, Jack. A 45 year old with a Masters working part time at Walmart falls off the radar. A 45 year old with a Masters unemployed and benefits have expired falls off the radar. You probably think inflation is 2% too. Charts: What's the real unemployment rate?

You are babbling again. Give real numbers by real people. You are saying 87 million want to work: that is hilarious.

You tell us how many are underemployed or unemployed. 60 million? 50 million?

So you really have no idea about the subject at all? You are looking at figures and can't understand them. OK. Begin with the UEs, the various types and move from there. I am glad you are willing to learn for yourself. The 10% rate you claim though is a very uneducated comment: that would mean 30 million people, yet you said 94 million. Maybe you are not capable of learning.

U-6 data. Learn to read links supplied.

In the meantime:
The economy did not grow as much as people thought.

The GDP expanded at a 1.1% annual rate last quarter, down from the previous 1.2% estimate.

U.S. economic growth was a bit more sluggish than initially thought in the second quarter as businesses aggressively ran down stocks of unsold goods, offsetting a spurt in consumer spending.

Gross domestic product expanded at a 1.1% annual rate, the Commerce Department said on Friday in its second estimate of GDP. That was slightly down from the 1.2% rate it reported last month.

The revision, which was in line with economists’ expectations, also reflected more imports than previously estimated as well as weak spending by state and local governments. The economy grew at a 0.8% pace in the first quarter. It grew 1.0% in the first half of 2016.

The economy has struggled to regain momentum since output started slowing in the last six months of 2015, which puts it in danger of stalling.


The U.S. Economy Isn’t Growing as Quickly as People Thought

 

[JakeStarkey]

You post material from six weeks ago, and I posted from yesterday.

Armstrong: No Danger of Recession, BOE Should Stand Pat
Bloomberg‎ - 13 hours ago
Armstrong: No Danger of Recession, BOE Should Stand Pat · What Uber's Like Without ...
Worried about a world recession? Watch the US: Fitch Ratings[/QUOTE]
As the world's largest economy, the health of the U.S. is viewed as crucial to the success of the world's economy. In July, the International Monetary Fund cut its global growth forecast for 2016 to 3.1 percent from 3.2 percent and itsU.S. outlook to 2.2 percent from 2.4 percent.

 

[Weatherman2020]

weatherman does not understand that the UK and the US are part of the world economy. The significant part was "In July, the International Monetary Fund cut its global growth forecast for 2016 to 3.1 percent from 3.2 percent and its U.S. outlook to 2.2 percent from 2.4 percent. That is far better than what he posted."

Venezuela is part of the world economy too, dumbass. Why aren't you posting hamburgers cost $170 then? You're just a dumbass who thinks the UK economy is the same as the American economy.

In the meantime:

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent.Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

 

[Weatherman2020]

You post material from six weeks ago, and I posted from yesterday.

Armstrong: No Danger of Recession, BOE Should Stand Pat
Bloomberg‎ - 13 hours ago
Armstrong: No Danger of Recession, BOE Should Stand Pat · What Uber's Like Without ...
Worried about a world recession? Watch the US: Fitch Ratings

As the world's largest economy, the health of the U.S. is viewed as crucial to the success of the world's economy. In July, the International Monetary Fund cut its global growth forecast for 2016 to 3.1 percent from 3.2 percent and itsU.S. outlook to 2.2 percent from 2.4 percent.[/QUOTE]
Moron keeps posting about the UK in a US subject thread.

 

[JakeStarkey]

You post material from six weeks ago, and I posted from yesterday.

Armstrong: No Danger of Recession, BOE Should Stand Pat
Bloomberg‎ - 13 hours ago
Armstrong: No Danger of Recession, BOE Should Stand Pat · What Uber's Like Without ...
Worried about a world recession? Watch the US: Fitch Ratings

As the world's largest economy, the health of the U.S. is viewed as crucial to the success of the world's economy. In July, the International Monetary Fund cut its global growth forecast for 2016 to 3.1 percent from 3.2 percent and itsU.S. outlook to 2.2 percent from 2.4 percent.

Moron keeps posting about the UK in a US subject thread.[/QUOTE]You can keep lying and I can keep posting the fact that U.S. outlook to 2.2 percent from 2.4 percent.

 

[Little-Acorn]

Things are dire!! We are not at 0% UE, the average annual income is not $100000 per worker, and prices at the pump are not under a dollar. We are doomed!!
Yeah, that's what they naysayers, who have done nothing constructively to improve matters, are telling us.

Name one.

Has little jakestarkey ever made a post without lying about Republicans or conservatives?

 

[JakeStarkey]

Things are dire!! We are not at 0% UE, the average annual income is not $100000 per worker, and prices at the pump are not under a dollar. We are doomed!!
Yeah, that's what they naysayers, who have done nothing constructively to improve matters, are telling us.

Name one.
Has little jakestarkey ever made a post without lying about Republicans or conservatives?

You trolling, bub, just like weatherman because you can't logically or factually reject what I have posted. weatherman has admitted he is using data six weeks old that is contradicted by yesterday's reports. He thinks the US is the UK. I mean really?

 

[Weatherman2020]

Things are dire!! We are not at 0% UE, the average annual income is not $100000 per worker, and prices at the pump are not under a dollar. We are doomed!!
Yeah, that's what they naysayers, who have done nothing constructively to improve matters, are telling us.

Name one.
Has little jakestarkey ever made a post without lying about Republicans or conservatives?

You trolling, bub, just like weatherman because you can't logically or factually reject what I have posted. weatherman has admitted he is using data six weeks old that is contradicted by yesterday's reports. He thinks the US is the UK. I mean really?

Really?

 

[Weatherman2020]

You post material from six weeks ago, and I posted from yesterday.

Armstrong: No Danger of Recession, BOE Should Stand Pat
Bloomberg‎ - 13 hours ago
Armstrong: No Danger of Recession, BOE Should Stand Pat · What Uber's Like Without ...
Worried about a world recession? Watch the US: Fitch Ratings

As the world's largest economy, the health of the U.S. is viewed as crucial to the success of the world's economy. In July, the International Monetary Fund cut its global growth forecast for 2016 to 3.1 percent from 3.2 percent and itsU.S. outlook to 2.2 percent from 2.4 percent.

Moron keeps posting about the UK in a US subject thread.

You can keep lying and I can keep posting the fact that U.S. outlook to 2.2 percent from 2.4 percent.[/QUOTE]


What's the theme here, dufus:

U.S. economy: Recession fears are growing

The U.S. States Where Recession Is Already a Reality

ALBERT EDWARDS: A 'tidal wave' is coming that will throw the US into recession

The Coming Recession of 2017 | Huffington Post

US Is In Recession, Says Noted Economist; Why The Obama Economic Recovery Plan Has Faltered

 

[Grizz]

Poor Grizz, no sooner than he posts he becomes obsolete.

As long as China, India, and Brazil keep on industrializing and the US can provide long-term capital expenditures to support that, we will be OK.

Posted yesterday.

Armstrong: No Danger of Recession, BOE Should Stand Pat
Bloomberg‎ - 13 hours ago
Armstrong: No Danger of Recession, BOE Should Stand Pat · What Uber's Like Without ...
Worried about a world recession? Watch the US: Fitch Ratings

As the world's largest economy, the health of the U.S. is viewed as crucial to the success of the world's economy. In July, the International Monetary Fund cut its global growth forecast for 2016 to 3.1 percent from 3.2 percent and its U.S. outlook to 2.2 percent from 2.4 percent.

A global recession is not Fitch's base-case scenario, although Coulton noted that economic growth since the financial crisis of 2007-08 had been weak.

"It has been a sub-par recovery … It has been disappointing … but we haven't seen the sort of things that would drive a recession," he said.

Coulton said any contraction in the U.S. would likely originate from a "significant downturn in capital expenditure in the business sector."[/QUOTE]

I actually feel sorry for you.
My numbers are "real", yours are "forecasts". You like my dick in your ass don't Mr. Starkey?

 

[Faun]

Things are dire!! We are not at 0% UE, the average annual income is not $100000 per worker, and prices at the pump are not under a dollar. We are doomed!!

Yeah, that's what they naysayers, who have done nothing constructively to improve matters, are telling us.

In context, things are better and they are getting better. Suck on that, Trump.


This is how much gasoline prices could fall in next few weeks

More BS. 93 million in or under employed, 43 million requiring aid to put food on the table, home ownership at lowest level in 40 years, gas prices skyrocketing in CA, and Obama is the first POTUS in history to never get a 3% GDP.

So what if there are some 87 million people who don't want a job? Are you stupid enough to think the unemployment rate should count folks who don't want to work?

Things are dire!! We are not at 0% UE, the average annual income is not $100000 per worker, and prices at the pump are not under a dollar. We are doomed!!

Yeah, that's what they naysayers, who have done nothing constructively to improve matters, are telling us.

In context, things are better and they are getting better. Suck on that, Trump.


This is how much gasoline prices could fall in next few weeks

More BS. 93 million in or under employed, 43 million requiring aid to put food on the table, home ownership at lowest level in 40 years, gas prices skyrocketing in CA, and Obama is the first POTUS in history to never get a 3% GDP.

So what if there are some 87 million people who don't want a job? Are you stupid enough to think the unemployment rate should count folks who don't want to work?

Nobody ever accused weatherman of being bright, not once, and never will. The right UE rate just baffles him that it is so low. His problem.

Jake and Faun live in an Orwellian world. They agree with government now, but should Trump win they will quickly change their tune.

Hypocrites...

I note, in case anyone missed it, you completely avoided my point.

I'll repeat it; hopefully, you'll do better this time.....

Of the 94.4 million people who are not in the labor force, 5.8 million want a job now.

.... so what if the other 88.6 million people don't want to work?

 

[owebo]

Things are dire!! We are not at 0% UE, the average annual income is not $100000 per worker, and prices at the pump are not under a dollar. We are doomed!!

Yeah, that's what they naysayers, who have done nothing constructively to improve matters, are telling us.

In context, things are better and they are getting better. Suck on that, Trump.


This is how much gasoline prices could fall in next few weeks

More BS. 93 million in or under employed, 43 million requiring aid to put food on the table, home ownership at lowest level in 40 years, gas prices skyrocketing in CA, and Obama is the first POTUS in history to never get a 3% GDP.

So what if there are some 87 million people who don't want a job? Are you stupid enough to think the unemployment rate should count folks who don't want to work?

Things are dire!! We are not at 0% UE, the average annual income is not $100000 per worker, and prices at the pump are not under a dollar. We are doomed!!

Yeah, that's what they naysayers, who have done nothing constructively to improve matters, are telling us.

In context, things are better and they are getting better. Suck on that, Trump.


This is how much gasoline prices could fall in next few weeks

More BS. 93 million in or under employed, 43 million requiring aid to put food on the table, home ownership at lowest level in 40 years, gas prices skyrocketing in CA, and Obama is the first POTUS in history to never get a 3% GDP.

So what if there are some 87 million people who don't want a job? Are you stupid enough to think the unemployment rate should count folks who don't want to work?

Nobody ever accused weatherman of being bright, not once, and never will. The right UE rate just baffles him that it is so low. His problem.

Jake and Faun live in an Orwellian world. They agree with government now, but should Trump win they will quickly change their tune.

Hypocrites...

I note, in case anyone missed it, you completely avoided my point.

I'll repeat it; hopefully, you'll do better this time.....

Of the 94.4 million people who are not in the labor force, 5.8 million want a job now.

.... so what if the other 88.6 million people don't want to work?

1977 called, it's for you.....

 

[Faun]

Things are dire!! We are not at 0% UE, the average annual income is not $100000 per worker, and prices at the pump are not under a dollar. We are doomed!!

Yeah, that's what they naysayers, who have done nothing constructively to improve matters, are telling us.

In context, things are better and they are getting better. Suck on that, Trump.


This is how much gasoline prices could fall in next few weeks

More BS. 93 million in or under employed, 43 million requiring aid to put food on the table, home ownership at lowest level in 40 years, gas prices skyrocketing in CA, and Obama is the first POTUS in history to never get a 3% GDP.

So what if there are some 87 million people who don't want a job? Are you stupid enough to think the unemployment rate should count folks who don't want to work?

Liar says 87 million Americans choose not to work.

I'm not the one saying it, ya conservative lunatic.

The same source you got your 93 million figure from is saying it.

BLS:
(Seas) Not in Labor Force, Want a Job Now

Now that I exposed you once again as an imbecile who doesn't know what the fuck he's talking about, why don't you try taking a shot at answering my question instead of cowering away from it...?

 

[Faun]

Things are dire!! We are not at 0% UE, the average annual income is not $100000 per worker, and prices at the pump are not under a dollar. We are doomed!!

Yeah, that's what they naysayers, who have done nothing constructively to improve matters, are telling us.

In context, things are better and they are getting better. Suck on that, Trump.


This is how much gasoline prices could fall in next few weeks

More BS. 93 million in or under employed, 43 million requiring aid to put food on the table, home ownership at lowest level in 40 years, gas prices skyrocketing in CA, and Obama is the first POTUS in history to never get a 3% GDP.

So what if there are some 87 million people who don't want a job? Are you stupid enough to think the unemployment rate should count folks who don't want to work?

Liar says 87 million Americans choose not to work.

Just regurgitating what he/she was told by the left media.

LOLOLOL

The BLS is now the "left media" according to the deplorable rubes.

 

[ScienceRocks]

And yet Clinton is losing to this piece of dog shit.

 

[ScienceRocks]

Things are dire!! We are not at 0% UE, the average annual income is not $100000 per worker, and prices at the pump are not under a dollar. We are doomed!!

Yeah, that's what they naysayers, who have done nothing constructively to improve matters, are telling us.

In context, things are better and they are getting better. Suck on that, Trump.


This is how much gasoline prices could fall in next few weeks

More BS. 93 million in or under employed, 43 million requiring aid to put food on the table, home ownership at lowest level in 40 years, gas prices skyrocketing in CA, and Obama is the first POTUS in history to never get a 3% GDP.

So what if there are some 87 million people who don't want a job? Are you stupid enough to think the unemployment rate should count folks who don't want to work?

Liar says 87 million Americans choose not to work.

Just regurgitating what he/she was told by the left media.

LOLOLOL

The BLS is now the "left media" according to the deplorable rubes.

Liberterianism and the truth should never be put together.

 

[ScienceRocks]

Things are dire!! We are not at 0% UE, the average annual income is not $100000 per worker, and prices at the pump are not under a dollar. We are doomed!!

Yeah, that's what they naysayers, who have done nothing constructively to improve matters, are telling us.

In context, things are better and they are getting better. Suck on that, Trump.


This is how much gasoline prices could fall in next few weeks

More BS. 93 million in or under employed, 43 million requiring aid to put food on the table, home ownership at lowest level in 40 years, gas prices skyrocketing in CA, and Obama is the first POTUS in history to never get a 3% GDP.

So what if there are some 87 million people who don't want a job? Are you stupid enough to think the unemployment rate should count folks who don't want to work?

More BS. 93 million in or under employed, 43 million requiring aid to put food on the table, home ownership at lowest level in 40 years, gas prices skyrocketing in CA, and Obama is the first POTUS in history to never get a 3% GDP.

So what if there are some 87 million people who don't want a job? Are you stupid enough to think the unemployment rate should count folks who don't want to work?

Nobody ever accused weatherman of being bright, not once, and never will. The right UE rate just baffles him that it is so low. His problem.

Jake and Faun live in an Orwellian world. They agree with government now, but should Trump win they will quickly change their tune.

Hypocrites...

I note, in case anyone missed it, you completely avoided my point.

I'll repeat it; hopefully, you'll do better this time.....

Of the 94.4 million people who are not in the labor force, 5.8 million want a job now.

.... so what if the other 88.6 million people don't want to work?

1977 called, it's for you.....

View attachment 89666

The 16th century is calling you..