Do you believe

[CrusaderFrank]

No. It’s hard to believe anything our government proclaims. They’ve lied so much about so many things.

Could this be another effort to interfere in the upcoming election?

ABSOFUCKINGLUTELY!!!

 

[CrusaderFrank]

The grocery cart and the fuel pump don't lie.

But the statistics sure do! Love to see the data behind the cheaper alternatives to gasoline, food and rent (33% of the total) they assumed to drive the number down to 8.2%

 

[Borillar]

I believe... I'll have another drink.

 

[Foxfyre]

Do you believe that:

• GPD rose 2.6% 3rd Qtr 2022
• Inflation is 8.2%
• The Dow is worth 32,000

The basket of good for CPI needs to be moved to the blockchain, so does the GDP computation.

SMH

That may be the actual inflation number because while inflation on necessities such as food, fuel, utilities is much higher, the administration is keeping fuel costs from escalating by draining the strategic petroleum reserve and some other items are artificially low to keep some businesses from losing their cash-starved customers. This is fact may finish off some food, service and recreational businesses that COVID didn't completely destroy.

As for the GPD who knows? That number is purely speculative and I suspect it will be considerably downgraded later on.

 

[CrusaderFrank]

That may be the actual inflation number because while inflation on necessities such as food, fuel, utilities is much higher, the administration is keeping fuel costs from escalating by draining the strategic petroleum reserve and some other items are artificially low to keep some businesses from losing their cash-starved customers. This is fact may finish off some food, service and recreational businesses that COVID didn't completely destroy.

As for the GPD who knows? That number is purely speculative and I suspect it will be considerably downgraded later on.

The inflation number is a complete fabrication and likely half the actual number. They invite accounting fraud - when the price of an item e.g. gas, bread, meat, rent rises too much, it’s assumed consumers migrate to a lower cost alternative

 

[Foxfyre]

The inflation number is a complete fabrication and likely half the actual number. They invite accounting fraud - when the price of an item e.g. gas, bread, meat, rent rises too much, it’s assumed consumers migrate to a lower cost alternative

Maybe. I don't know. But I do know if prices stay stable or go down on some things, other things can go up a lot, even skyrocket, but the inflation numbers won't reflect that. Think of how high gasoline got for awhile in the Obama administration for instance, but inflation stayed reasonable.

 

[j-mac]

Not buying the numbers….Designed to help dems for the election.

 

[SweetSue92]

Do you believe that:

• GPD rose 2.6% 3rd Qtr 2022
• Inflation is 8.2%
• The Dow is worth 32,000

The basket of good for CPI needs to be moved to the blockchain, so does the GDP computation.

SMH

No.

It was rigged to help the Dems for the midterms, of course.

It won't help.

 

[Vastator]

Dyed (no road tax) diesel is going to become extinct as well. I was getting tractor fuel yesterday and noticed a millenial in a 3/4 ton Dodge filling it up with off road fuel. He is going to get a surprise when the state patrol sticks his tank and it costs him about 1000x more than that 60 cents a gallon that he saved. It will probably happen a bunch more with these high fuel prices and the tractor fuel will go away.

How to Remove Red Dye From Diesel: Step by Step Guide - Driving and Style

In general terms fuel dyes are the kinds of dyes added to fuels. In many countries, fuel dye is added in the ratio of low to dye, purposely to boost

drivingandstyle.com

 

[BluesLegend]

I don't think so. Show us that price listed on their menu.

Dude, a footlong sub, 1 bag of chips and a medium drink was over $17 I nearly shit myself. Remember I'm in a blue state run by woke stupid shit Democrats.

 

[Harpy Eagle]

Do you believe that:

• GPD rose 2.6% 3rd Qtr 2022
• Inflation is 8.2%
• The Dow is worth 32,000

The basket of good for CPI needs to be moved to the blockchain, so does the GDP computation.

SMH

Yes.
Yes.
Yes.

The GDP and Inflation are both calculated the same way they have always been. If you did not dismiss them under the previous Admin doing so now just makes you look like a partisan drone.

The DJI is worth whatever the people holding the stocks say it is worth. It again is no different now than under the previous Admin when you would never dared to question it.

I do not understand people like you that wish nothing but hardship and suffering on people just to win a few extra votes in an election.

 

[Harpy Eagle]

Bought a Subway sandwich recently...$17

Liar.

 

[CrusaderFrank]

What I believe is that you HATE good news while Biden is president.

Well, you’d be wrong. But I do know when someone is full of it.

It’s a government of lies and it’s not limited to Biden. The Bushes were the worst.

MSFT, Amazon, Allianz and many others all reported numbers reflecting a slowdown in their business, but US GDP right before the election is back to normal? It’s global warming accounting

 

[22lcidw]

You can believe it or not, it is the truth. But then again, you Trump idiots have a hard time dealing with reality. But now I am going to make it worse for you. That GDP rise, it comes from one place, increased exports. And you know what, imports were down to go along with that increase in exports.

Economists noted that the third-quarter gain in GDP could be traced entirely to the surge in exports, which added 2.7 percentage points to the economy's expansion.

US economy returned to growth last quarter, expanding 2.6%

The growth snaps two straight quarters of economic contraction, overcoming punishingly high inflation and interest rates.

www.wmur.com

So, remember the fat orange man with the tiny hands. Oh yeah, he was going to show China. He was going to Make America Great Again. He stirred up a trade war and got our asses handed to us. The trade deficit got worse, and he all but dropped money from helicopters to farmers to make up for the hit they took. And lookey here, Biden done did what Trump couldn't do. Significantly increased exports, even reduced imports, and he did that with the dollar being stronger than ever. I mean wow, just wow.

But it gets better. That same fat orange man with the tiny hands claimed he was going to bring back manufacturing jobs to America. Did he? Uh no, damn New York city slicker is all hat and no cattle. But Biden,

In 2022, the report projects that about 350,000 American jobs are expected to be reshored to the U.S. labor market — another record after 2021 set a record when 260,000 American jobs were brought home.

Report: Reshoring of American Manufacturing Jobs at 'Record High'

The number of manufacturing jobs that have been reshored to the United States is at a "record high," a new research report details.

www.breitbart.com

Damn, two record years in a row. Over half a million manufacturing jobs bought back. Did you know that? I mean where is the left leaning press? Because let's be honest, had Trump had anything close to those type of numbers he would be sending out letters on White House stationary taking credit. And FOX news would have the numbers on a constant crawl at the bottom of the screen.

In two years that is half a million people that were working at McDonald's or hustling for Uber and Doordash. Struggling to make even fifteen dollars and hour with no benefits. Now, they are making over $25 an hour, employer provided health insurance and a 401K with a match. Yeah, I know, some of them will vote for Trump if he runs, but damn near half of them will realize, "Hey, Biden did me a solid, fawk that orange turd of a conman".

And yeah, the Dow is up. Funny, the stock market was a big deal when Trump was president. Oh hell yeah, it was a reflection of the economy. Never have been a fan of that, still not. But the reality is companies are MAKING FLIPPIN MONEY, like hand over fist. And that is the funny thing, Republicans play up the stock market when they are in office, but they can't touch what Democrats do. I mean here is an investment strategy that you can retire on. Cash out the moment a Republican takes office, and go all in the moment a Democrat does. And if it is a split government, then borrow some money to throw in there too.

You can fudge anything you want. The people who we vote for caused this. We are their slaves. AOC destroyed Amazon jobs over tax credits. Then Biden, Schumer, etc go to another place in New York State to promote a computer chip plant with tax credits. And of course, it is less than half the jobs and twice the tax credits of the Amazon plant. Many nations in the world are destroyed because of shit like this. We waste so much.

 

[BluesLegend]

Well, you’d be wrong. But I do know when someone is full of it.

It’s a government of lies and it’s not limited to Biden. The Bushes were the worst.

MSFT, Amazon, Allianz and many others all reported numbers reflecting a slowdown in their business, but US GDP right before the election is back to normal? It’s global warming accounting

Worse, the so called "news" media is in bed with these liars. A key constitutional protection has been corrupted.

 

[CrusaderFrank]

Yes.
Yes.
Yes.

The GDP and Inflation are both calculated the same way they have always been. If you did not dismiss them under the previous Admin doing so now just makes you look like a partisan drone.

The DJI is worth whatever the people holding the stocks say it is worth. It again is no different now than under the previous Admin when you would never dared to question it.

I do not understand people like you that wish nothing but hardship and suffering on people just to win a few extra votes in an election.

You don’t understand HOW they account for inflation. They use a basket of 96,000 goods and when the prices rise too much on one they assume that consumers will switch to a lower cost alternative. In addition, I do not believe they account for George Constanta - package shrinkage, e.g. what was a 32 ounce can is now 28 as inflationary.

Put the data on the Blockchain and remove government accountants from the equation

 

[Concerned American]

How to Remove Red Dye From Diesel: Step by Step Guide - Driving and Style

In general terms fuel dyes are the kinds of dyes added to fuels. In many countries, fuel dye is added in the ratio of low to dye, purposely to boost

drivingandstyle.com

LOL, looks like a lot of trouble and time for 60 cents a gallon. I found the article interesting but I wonder if some of those filtering agents might cause more harm to your engine than they are worth. It answered a question that I've had about whether the dyes transfer to the engine as well. I think I'll just stay within the law and save myself the headaches.

 

[ClaireH]

Do you believe that:

• GPD rose 2.6% 3rd Qtr 2022
• Inflation is 8.2%
• The Dow is worth 32,000

The basket of good for CPI needs to be moved to the blockchain, so does the GDP computation.

SMH

No. Here’s why: “The third-quarter GDP increase was driven almost entirely by a surge in exports, which add to GDP calculations, and a steep decline in imports, which detract from GDP. The trade dynamic shifted rapidly from the first and second quarters, when surging imports and declining exports turned GDP growth negative despite strong activity elsewhere in the economy.”

Another relevant factor that left-wing media sources will not be presenting:

“Gross private domestic investment, a catchall category for money spent on things meant to grow the economy, fell 8.5 percent in the third quarter. The decline came as spending on structures sank 15.3 percent and spending on homes plunged 26.4 percent on the quarter.”

“Final sales to private domestic purchasers, which measures how much American households and firms bought from U.S. firms, also rose just 0.1 percent on the quarter.”

US growth rebounds in third quarter, but shows warnings signs

U.S. economic growth rebounded during the third quarter after six months of steady declines, according to data released Thursday by the Commerce Department. U.S. gross domestic product (GDP) grew a…

thehill.com

Total picture gives economists reason to remain “fearful” but a better word is concerned. Promoting fear significantly increases panic buying and pays off for sectors looking to make profits from public fear mongering. Governmental transparency without half-truths is the only way forward.

 

[ClaireH]

Yeah...I know the US dollar is strong when compared to other fiat currencies.

That only means we are the healthiest patient in the terminal ward.

And this aspect will begin to show with a reduction in US exports, dollar remaining relatively strong which devalues other currencies on the global market, according to certain economists anyway.

It’s remains a chess game with daily moves made, the feds manipulating the interest rates and all of the games financial industry plays in the name of profit. The current administration bought and paid for fully by specific corporations, Facebook‘s parent company Meta sponsors (pays for) The Hill’s information… good grief, nothing to see there folks. US current administration presenting a more positive face (timed prior to the November elections) which will likely create a major fiasco following the elections with presenting this superficial appearance of more prosperity than is actual.

 

[BlindBoo]

I believe it's a great time to be alive!