The economy. Hot, or not?

Is the economy in good condition?

  • Yes

  • No

  • It depends on whether I like the President


Results are only viewable after voting.
Unemployment is low and has been low for a long time.
The average American has been seeing some of their best wages in decades.

So, do we have a strong economy or not? If not, what's wrong with the economy?
The economy is very strong. Over 5% GDP last reading. There are some signs that we'll see a slowdown, but that's cyclical. Maybe. As pissed as I am at the Fed for taking so fucking long to address inflation, the chances of a "soft landing" are increasing.

Americans look at inflation hitting them square in the face and don't really care about things like GDP, and that's understandable. It looks like they're going to blame Biden for it, and that's the way it goes.

But right now, at this moment, yeah, it's very strong.
 
You are asking two different questions. In your poll question you ask "good". In your post you say "strong".

Two different things.

I replied based upon the actual poll question.
 
Unemployment is low and has been low for a long time.
The average American has been seeing some of their best wages in decades.

So, do we have a strong economy or not? If not, what's wrong with the economy?
Inflation...keeps the cost of everything ridiculous and the Fed won't reduce the interest rates.
Wages can't keep up with the inflation, stock market is up but the dollar is worth much less now.
Plus you Dims refuse to get jobs, so the labor participation rate is awful.
Poopeypants is what is wrong with the economy.
 
It depends on where you are in the economy. The upper end/more established entities/people probably feel the economy is great as you move toward the lower end and less established people not so much. That’s relatively obvious from the polling.
 
The Fed is already signaling a series of rate cuts for 2024...meaning that they are finally seeing the signs of recession/depression coming as well.

Unemployment benefits only work if you have been employed....and many haven't been in a few years.

When the first rate cut hits....the stock market will absolutely tank. If you are in I'd cash out into inverse hedge funds (funds that short the market) or gold or other metals.

Most of the market commodities (coffee, wheat, cotton and lumber) are falling at the moment so don't think that they are a safe haven either.

Keep an eye on copper as it's falling as well (no need for copper wire or plumbing)

Petroleum is tanking heavily as well.

Get ready for a rough ride as things get bumpy for a minute.
 
It depends on where you are in the economy. The upper end/more established entities/people probably feel the economy is great as you move toward the lower end and less established people not so much. That’s relatively obvious from the polling.
Wages for lowest quintile are up about 20% from the stagnation during the Trump era.

 
The economy is very strong. Over 5% GDP last reading. There are some signs that we'll see a slowdown, but that's cyclical. Maybe. As pissed as I am at the Fed for taking so fucking long to address inflation, the chances of a "soft landing" are increasing.

Americans look at inflation hitting them square in the face and don't really care about things like GDP, and that's understandable. It looks like they're going to blame Biden for it, and that's the way it goes.

But right now, at this moment, yeah, it's very strong.
That means the politicians can stop the deficits since everything is so strong. Or is that separate? The truth is that there are more people than ever living off the government in some way including employment. We limp along in decline. The socialism we have actually masks the potential suffering that can happen. This is why we should have taken care with prudent diligence all of our social agendas and kept the expansions of common sense.
 
Wages for lowest quintile are up about 20% from the stagnation during the Trump era.

This is t political though I know that’s all you want to make it about.
 
This is t political though I know that’s all you want to make it about.
Of course it’s political. Polling shows that outlook on the economy is mostly dependent on political party and not on facts.

I introduced facts. You didnt.
 

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