According To Every Republican, The Economy Is Supposed To Be So Bad

[MarcATL]

Yet, and still, we're experiencing RECORD spending this holiday season.

NRF | 2023 Holiday to Reach Record Spending Levels

nrf.com

How Sway?!?!?

 

[EMH]

To Democrats getting government checks, the Federal Debt doesn't matter, the government check does....

 

[Vastator]

Not surprising since everything costs more...

 

[MarcATL]

Not surprising since everything costs more...

Is that a fact, or another one of your precious feelings?

 

[marvin martian]

Not surprising since everything costs more...

You'd think even a low-IQ cultist like MarcATL could have figured that out. LOL!

These are the idiots who raise taxes on businesses, then complain when those businesses raise their prices.

 

[Vastator]

Is that a fact, or another one of your precious feelings?

It's a fact. Thow how kind of you to deem my feelings precious. That's so sweet of you...

 

[MarathonMike]

Yet, and still, we're experiencing RECORD spending this holiday season.

NRF | 2023 Holiday to Reach Record Spending Levels

nrf.com

How Sway?!?!?

Have you ever heard of credit cards? Credit debt is near an all-time high.

 

[TheGreatSatan]

Is that a fact, or another one of your precious feelings?

Name one thing that cost less today than it did 4 years ago.

 

[Stryder50]

Lots of current numbers-data here to show the substance of the increase in spending and debt.

https://www.usdebtclock.org/

 

[Desperado]

Tell me the economy is good when McDonald's revenue soars as it hikes menu prices: '$18 Big Macs'

 

[marvin martian]

Tell me the economy is good when McDonald's revenue soars as it hikes menu prices: '$18 Big Macs'

Joe Biden is going to tell the country exactly that. And dummies like MarcATL will believe it.

 

[airplanemechanic]

Stupid fucking OP. How can we be "experiencing" something that YOUR OWN FUCKING LINK says is "expected" to happen?

OF COURSE THEY'RE SPENDING A RECORD AMOUNT!! I spend a record amount every time I go to fucking Wal Mart thanks to your child molester n chief's massive inflation. Everything costs more. Doesn't mean they're buying more, it just means THEY'RE SPENDING MORE.

Oh yea, then they're just putting it on credit cards.

American Credit Card Debt Hits a New Record—What’s Changed Post-Pandemic?

It’s Halloween! And while you may be thinking of goblins and ghosts, nothing can haunt you the way credit card debt does. While consumers’ credit card debt dropped during COVID, signs point to it starting to crawl back to pre-pandemic levels. And over the summer, credit card usage in the U.S...

www.gao.gov

Anyone catch the OP? Read it closely:

EXPECTED TO BE RECORD LEVEL. We are 3 days into the holiday shopping season with MULTIPLE websites talking about sluggish spending for the holidays.

Truth: People have less money to spend:

Consumers grow cautious about holiday spending as inflation, debt shorten shopping lists

Americans are more cautious ahead of the holiday shopping season as they grapple with inflation, dwindling savings and rising debt.

www.usatoday.com

Spending sluggish:

https://www.cnbc.com/2023/11/06/across-thousands-of-retailers-holiday-spending-outlook-is-cautious.html

Spending very sluggish:

https://www.washingtonpost.com/business/2023/11/18/consumer-spending-caution-holidays/

Can we just call the OP bullshit and end this stupid thread?

 

[Kilroy2]

Yet, and still, we're experiencing RECORD spending this holiday season.

NRF | 2023 Holiday to Reach Record Spending Levels

nrf.com

How Sway?!?!?

Most economist believe that the recession started in 2020 and the consensus is that it was based on the effect of COVID 19 on the economy. It was an inherited issue

Gas prices where I live are below 3.00 in some areas and back to what it was. If it holds then Biden may get a breather from the highs

How the economy affects people is probably based on political persuasion. Republicans will blame Biden but its not like they were going to vote for Biden anyway.

If it holds then then Biden has noting to worry about.

If you live in California and the few other high cost of living area then it is what it is

States With the Highest Average Salaries​

• Massachusetts: $76,600
• New York: $74,870
• California: $73,220

States With the Lowest Average Salaries​

• Mississippi: $45,180
• Arkansas: $48,570
• West Virginia: $49,170

 

[Darkwind]

Yet, and still, we're experiencing RECORD spending this holiday season.

NRF | 2023 Holiday to Reach Record Spending Levels

nrf.com

How Sway?!?!?

You've spoken to EVERY Republican, have you?

 

[Dekster]

Yet, and still, we're experiencing RECORD spending this holiday season.

NRF | 2023 Holiday to Reach Record Spending Levels

nrf.com

How Sway?!?!?

"
Shoppers took to stores across the world on a Black Friday that appeared subdued compared with prior years, looking for discounted electronics, clothing and household goods in the kickoff to the holiday shopping season crucial to big retailers.

Brokerage TD Cowen lowered its U.S. holiday spending estimate to 2% to 3% growth, from 4% to 5%, as it forecast flat Black Friday traffic. Discounts in October and November removed the excitement and urgency of Black Friday.

"People have already got what they want," said David Klink, senior analyst at Huntington Private Bank, which owns shares of Walmart and Target. "There are only so many big-screen TVs and Alexa [Amazon voice assistants] you can buy."

With many consumers squeezed by persistent inflation and high interest rates, U.S. holiday spending is expected to rise at the slowest pace in five years. Most major retailers slashed their seasonal hiring. Retailers will likely continue to discount throughout the season to avoid inventory gluts at yearend."

'A lot quieter' Black Friday brings out discount hunters

Shoppers took to stores across the world on a Black Friday that appeared subdued compared with prior years, looking for discounted electronics, clothing and household goods in the kickoff to the holiday shopping season crucial to big retailers.

www.reuters.com

 

[Harry Dresden]

You've spoken to EVERY Republican, have you?

marc uses a pretty wide brush.....

 

[BWK]

Name one thing that cost less today than it did 4 years ago.

Four years ago, we just started with a pandemic and a president who called it a hoax, creating a rise in inflation/reduction in products and services, causing higher prices and job loss. Got anymore ridiculously ignorant comments to make?

 

[BWK]

marc uses a pretty wide brush.....

Best economy in decades. Joe Biden Has Given Us the Greatest Economy Ever Show me where I'm wrong?

 

[Faun]

Not surprising since everything costs more...

Nominal GDP was 8.5% last quarter.

 

[BWK]

"
Shoppers took to stores across the world on a Black Friday that appeared subdued compared with prior years, looking for discounted electronics, clothing and household goods in the kickoff to the holiday shopping season crucial to big retailers.

Brokerage TD Cowen lowered its U.S. holiday spending estimate to 2% to 3% growth, from 4% to 5%, as it forecast flat Black Friday traffic. Discounts in October and November removed the excitement and urgency of Black Friday.

"People have already got what they want," said David Klink, senior analyst at Huntington Private Bank, which owns shares of Walmart and Target. "There are only so many big-screen TVs and Alexa [Amazon voice assistants] you can buy."

With many consumers squeezed by persistent inflation and high interest rates, U.S. holiday spending is expected to rise at the slowest pace in five years. Most major retailers slashed their seasonal hiring. Retailers will likely continue to discount throughout the season to avoid inventory gluts at yearend."

'A lot quieter' Black Friday brings out discount hunters

Shoppers took to stores across the world on a Black Friday that appeared subdued compared with prior years, looking for discounted electronics, clothing and household goods in the kickoff to the holiday shopping season crucial to big retailers.

www.reuters.com

Black Friday weekend shopping turnout soars to a record, as consumers seek bargains Tell us more?