John Edgar Slow Horses
Diamond Member
- Apr 11, 2023
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- #21
click on MSNWhat the hell, no link?
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click on MSNWhat the hell, no link?
.Gasoline today. $3.99/gallon That is $1.75 more than Jan. 2021. Eggs at Walmart--$2.87/doz. up from $1.87. Lie some more slow donkey.
Sonny, it is not all rain or all sun. These are very good numbers compared to the downtown Trump gave us.Unemployment expected to go up and wages are down and that is good news? Maybe for the GOP faithful it is, but no silver lining for main street
Thank you for the opening remarks.I agree that Biden's economic record is very good (LINK). You could have added that inflation has dropped to 3.2%.
But if Biden gets his way on spending and the Fed starts cranking up the printing presses to cover more massive borrowing, inflation is going to rise again.
And let's be honest: When Biden took office, the economy had nowhere to go but up because all Democratic governors and some Republican governors had needlessly shut down tens of thousands of businesses and put millions of people out of work with draconian COVID lockdown measures.
Let's also admit that, to his credit, Biden has left 90% of the Trump tax cuts intact.
Also, Biden has done several other things that have stimulated economic growth--infrastructure spending (which, among other things, has greatly boosted the construction sector), reducing drug costs for seniors, investment in profitable renewable energy systems, working with the oil industry to boost oil production, etc.
You want deflation and screw business?The Fed should have an inflation target of -2%.
So, the unemployment rate is the only metric you think factors into the economy?The MAGAterds have been lying constantly since the economy began improving in early 2022.
The Fed Reserve report today was good. The 3.9% unemployment rate is projected to end 2024 at 4%, a bit lower than the December forecast. There will be three interest cuts beginning in June, then July, then September.
UE at 3.9% remains good info although average yearly wage gains have declined to 4.3% from 5.9% since March 2022. The Fed wants pay increases to come down to 3.5% to align with its 2% inflation target.
That will fry the terd biscuits. MSN
Slow donkey's parents didn't teach him to tell the truth..
MAGA
.
^^^ WEF shill gaslighting AmericansThe MAGAterds have been lying constantly since the economy began improving in early 2022.
The Fed Reserve report today was good. The 3.9% unemployment rate is projected to end 2024 at 4%, a bit lower than the December forecast. There will be three interest cuts beginning in June, then July, then September.
UE at 3.9% remains good info although average yearly wage gains have declined to 4.3% from 5.9% since March 2022. The Fed wants pay increases to come down to 3.5% to align with its 2% inflation target.
That will fry the terd biscuits. MSN
Deflation leads to higher economic growth than inflation does. Higher growth leads to lower unemployment. Deflation also means that business costs decline, which is good for business.You want deflation and screw business?
Eggs were 1.19 a dozen, .99 on sale, and the eggs were close to 40 percent larger. It almost takes 2 eggs to make the same a one from before.Gasoline today. $3.99/gallon That is $1.75 more than Jan. 2021. Eggs at Walmart--$2.87/doz. up from $1.87. Lie some more slow donkey.
Yet we can smell the fear. Why is that? Reports like this one are not to be trusted.And the numbers have been closing steadily, the never Trumpers 20 to 25% of the GOP will not follow (that has only increased), and he is faced with Bankruptcy.
He is in bad shape.
Yeah, yeah, yeah. Argue with Walmart. BTW, USDA sets size grading for eggs. Large here is large where you're at.Eggs were 1.19 a dozen, .99 on sale, and the eggs were close to 40 percent larger. It almost takes 2 eggs to make the same a one from before.
So yeah, I don't get these reports at all.