Record High, After Record High; Even Fox News Is Celebrating Latest Economic News

[Hollie]

Obviously you don't understand simple economics.

Simple economics will tell you that high interest rates, such as the country has under the Dems / Socialists means that car, home mortgage, home furnishings and similar items that usually require loans are much more expensive and often unaffordable.

 

[Hollie]

It's all smoke and mirrors. Go to the supermarket and look at the prices or drive a diesel powered vehicle. You almost have to laugh at lefties who danced around when Biden released the strategic fuel and sold it to China.

Just as Biden did during the midterms when he dumped the SPR oil on the markets to lower prices as a vote buying scheme, he's allowing more oil to be pumped now to lower prices before November.

 

[pknopp]

Simple economics will tell you that high interest rates, such as the country has under the Dems / Socialists means that car, home mortgage, home furnishings and similar items that usually require loans are much more expensive and often unaffordable.

Interest rates aren't high. Now, tell me do you understand the ramifications of cheap money?

 

[Hollie]

Interest rates aren't high. Now, tell me do you understand the ramifications of cheap money?

Interest rates certainly are high.

Slow housing market may not heat up anytime soon, analysts say: 'The party is over'

Mortgage rates stand at a 21-year high, Freddie Mac data shows.

www.google.com

Mortgage rates stand at a 21-year high, Freddie Mac data shows.


Tell me you don't understand the ramifications to the economy when loans of all kinds become too expensive.

 

[pknopp]

Interest rates certainly are high.

Slow housing market may not heat up anytime soon, analysts say: 'The party is over'

Mortgage rates stand at a 21-year high, Freddie Mac data shows.

www.google.com

Mortgage rates stand at a 21-year high, Freddie Mac data shows.


Tell me you don't understand the ramifications to the economy when loans of all kinds become too expensive.

I have zero obligations to answer any question you post when you ignore mine.

Rates are historically average. They have been abnormally low.

 

[Superbadbrutha]

Keep dreaming. The economy is a nightmare.

That's the lie you gotta ride until the election, because Republicans can't run on their record because you haven't done shit.

 

[Hollie]

I have zero obligations to answer any question you post when you ignore mine.

Rates are historically average. They have been abnormally low.

And the data shows that high interest rates, relative to 20 year time frames, have the rest of stunting the economy.

 

[pknopp]

And the data shows that high interest rates, relative to 20 year time frames, have the rest of stunting the economy.

Which raising them to historical norms was intended to do to curb inflation. Econ 101.

 

[0311]

That's the problem with a good economy. Nothing to bitch about.

 

[0311]

Why does P01135809 want the market to crash, why does P01135809 want higher gas prices and why does P01135809 want to harm America....because he greedy, spiteful shit pile of a man.

 

[Hollie]

Which raising them to historical norms was intended to do to curb inflation. Econ 101.

Which raising the rates was done by incremental steps to address rising inflation. The Fed did not have a specific target. They raised rates as necessary.

Econ 102.

 

[Godboy]

The American economy received multiple encouraging signals on Friday, and even Fox News' Sandra Smith couldn't put a negative spin on it.

First, the University of Michigan's consumer sentiment index showed a surge of optimism, as the index rose to the highest level it had seen in nearly three years.

According to the survey, consumers finally seem to be feeling the effects of cooling inflation."The stock market continues to hit record high after record high," she said. "You're looking at a fresh 300-point gain on the Dow right now.

'Record high after record high': Even Fox News is celebrating latest economic news

The American economy received multiple encouraging signals on Friday, and even Fox News' Sandra Smith couldn't put a negative spin on it. First, the University of Michigan's consumer sentiment index showed a surge of optimism, as the index rose to the highest level it had seen in nearly three...

www.rawstory.com

The Biden ecnomy keeps rolling, and it's just the beginning of the first quarter, and a lot of construction projects around the country ramp up this year.

None of this matters as long as prices for goods remain 20% higher tgan they were under Trump. Do you think poor people give a fuck about stock prices? Do you think that poor people give a fuck about our unemployment numbers? They probably dont even know what the unemployment percentage we are at right now, nor would they care anyway.

All that matters is the price of goods.

 

[pknopp]

Which raising the rates was done by incremental steps to address rising inflation. The Fed did not have a specific target. They raised rates as necessary.

Econ 102.

Lol........yes, raising rates was necessary.

 

[Lastamender]

That's the lie you gotta ride until the election, because Republicans can't run on their record because you haven't done shit.

Republicans are not in power dickweed.

 

[hadit]

The American economy received multiple encouraging signals on Friday, and even Fox News' Sandra Smith couldn't put a negative spin on it.

First, the University of Michigan's consumer sentiment index showed a surge of optimism, as the index rose to the highest level it had seen in nearly three years.

According to the survey, consumers finally seem to be feeling the effects of cooling inflation."The stock market continues to hit record high after record high," she said. "You're looking at a fresh 300-point gain on the Dow right now.

'Record high after record high': Even Fox News is celebrating latest economic news

The American economy received multiple encouraging signals on Friday, and even Fox News' Sandra Smith couldn't put a negative spin on it. First, the University of Michigan's consumer sentiment index showed a surge of optimism, as the index rose to the highest level it had seen in nearly three...

www.rawstory.com

The Biden ecnomy keeps rolling, and it's just the beginning of the first quarter, and a lot of construction projects around the country ramp up this year.

Way to go, House Republicans!

 

[Hollie]

Lol........yes, raising rates was necessary.

Lol.... yes to curb inflation.

Lol... rate increases were not intended to meet some historic average.

Lol... the fed may reduce rates in late spring to help Biden leading up to November.

 

[0311]

Way to go, House Republicans!

The current CR, was past like the last CR....with House Democratic help.

 

[struth]

I'll note you didn't answer my questions.

Only an idiot would suggest rates jumping 5x isn’t skyrocketing

 

[struth]

This isn’t about the past. This is a question about what Trump is going to make better if he is reelected. You don’t seem to have any idea because I keep asking and you keep responding with vague or off topic replies.

Surely he’s saying something about this in his campaign, isn’t he?

Sure it’s about the past. It was events in the past that lead to this, and we can look at what worked in the past to make it better

Undoing xiden and the demafasict policies that have made a record number of Americans worse off is step 1

 

[Marener]

Sure it’s about the past. It was events in the past that lead to this, and we can look at what worked in the past to make it better

Undoing xiden and the demafasict policies that have made a record number of Americans worse off is step 1

The present is not the past. It’s a post-Covid world and things are different.

What policies are going to be undone and what will the effect be?