Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter

[Harry Dresden]

You don't read much, do you?

i have been in plenty of your threads jim....you dont defend much of what you say to those who say you are full of shit....but to those who agree with you you are right there chatting them up...

 

[sealybobo]

MSN

The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the first quarter, flashing a warning sign for the U.S. economy.
The projection is a significant shift for the Atlanta Fed over the last few weeks that comes a little more than a month after President Trump took office.


The Atlanta Fed last week was predicting 2.3 percent positive growth for the first quarter. A month ago, it was registering 3.9 percent growth.
The Atlanta Fed’s GDPNow measure is not an official forecast but rather a running estimate of real GDP growth based on data as it comes in.

How are those tariffs working out for you, MAGA? I mean, it would seem that trump would notice that things are going south very quickly and would modify his plans. But, NOT trump. He will continue to attack allies and continue to insist on policies that are adversely affect all of us. Than man has always had what he wanted, when he wanted. He does not know what a loaf of bread cost...nor does he care.

Oh no. What did Biden do now?

 

[JimH52]

Oh no. What did Biden do now?

Your boy's tariffs are to blame. Have a grownup read it to you.

 

[jbrownson0831]

Your boy's tariffs are to blame. Have a grownup read it to you.

Speaking of reading......

 

[jbrownson0831]

Your boy's tariffs are to blame. Have a grownup read it to you.

So tariffs are to blame for the inflation going down in the Feb report? Wow, I can see where that would make you mad.

 

[Rambunctious]

That is half way to a Recession

Today inflation is down for everything including gas and eggs... and the Market is roaring back... recession??? you can wish for it but its not going to happen... Trump just like in 2016 knows how to fix a bad economy....

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[sealybobo]

So tariffs are to blame for the inflation going down in the Feb report? Wow, I can see where that would make you mad.

Inflation was going down before the election. And the stock market went up after the election. Republicans FALSELY credited Trump. In fact even before the election Trump said the stock market was breaking records because it THINKS HE is going to win.

So now all those gains from back then are gone. Billions wiped out. Biden has nothing to do with it. It's Trump's actions since he took over that are causing the drops and hiring freezes and inflation. Tariffs cause inflation right?

 

[sealybobo]

Today inflation is down for everything including gas and eggs... and the Market is roaring back... recession??? you can wish for it but its not going to happen... Trump just like in 2016 knows how to fix a bad economy....

Home Page - MarketWatch

MarketWatch provides the latest stock market, financial and business news. Get stock market quotes, personal finance advice, company news and more.

www.marketwatch.com

You predicted a recession on Biden's watch. No recession ever came.

Trump's last time in power, he had the worst recession since Bush's Great recession. Trump's recession was worse than Bush's. If you can believe that. That's what Trump handed Biden. Biden handed Trump a great economy just like Obama handed Trump a great economy.

 

[Rambunctious]

You predicted a recession on Biden's watch. No recession ever came.

Trump's last time in power, he had the worst recession since Bush's Great recession. Trump's recession was worse than Bush's. If you can believe that. That's what Trump handed Biden. Biden handed Trump a great economy just like Obama handed Trump a great economy.

We came very close to a recession under Biden... some experts say we indeed had one and the media with the help of the federal reserve hid it....
But that's all in the past... today is a new day... inflation is down... the Market is roaring back... and even Tesla stock has recovered.... all is good.... think I'll celebrate with a cheeseburger with onion rings and a beer at the club....

 

[rightwinger]

Today inflation is down for everything including gas and eggs... and the Market is roaring back... recession??? you can wish for it but its not going to happen... Trump just like in 2016 knows how to fix a bad economy....

Home Page - MarketWatch

MarketWatch provides the latest stock market, financial and business news. Get stock market quotes, personal finance advice, company news and more.

www.marketwatch.com

Have to see if Trump is serious about his tariffs.
Right now they are on again, off again

If they stick, inflation will follow

 

[sealybobo]

We came very close to a recession under Biden... some experts say we indeed had one and the media with the help of the federal reserve hid it....
But that's all in the past... today is a new day... inflation is down... the Market is roaring back... and even Tesla stock has recovered.... all is good.... think I'll celebrate with a cheeseburger with onion rings and a beer at the club....

You aren't an expert if you say we had a recession because we either had 3 months in a row of job losses or we did not. Did we? Then no expert would have said some stupid shit like that.

Hey, you know how Trump is promising the mess he created won't last long? He remind me of Donald Rumsfeld when he said this about the Iraq war "Five days or five weeks or five months, but it certainly isn't going to last any longer than that," he said. LOL

 

[sealybobo]

Have to see if Trump is serious about his tariffs.
Right now they are on again, off again

If they stick, inflation will follow

President Donald Trump’s economic policies are so bad, so baffling, and so poorly communicated that CNBC host Jim Cramer wonders if he’s deliberately trying to cause a recession.

I said the same thing about the Bush Great Recession. It sure seemed like it was on purpose. Happened right when Bush was leaving office. Had to be on purpose. And remember right before the crash, he did away with the regulation that said banks had to keep so much money on hand for such an emergency.

“So ... is [Trump] playing with fire?” Quintanilla asked.
“Absolutely,” Cramer shot back. “But is it arson?”
Quintanilla gave him an opening to temper the charge: “Meaning that you can contain the blaze, is that what you’re saying?”

“No,” said Cramer. “Maybe it’s deliberate!”

“And it doesn’t make any sense,” Cramer continued. “People are scared, Carl. You don’t scare people. You don’t scare ... It’s just. It’s a wrong call. It’s all message. People are scared!”

 

[JimH52]

Inflation was going down before the election. And the stock market went up after the election. Republicans FALSELY credited Trump. In fact even before the election Trump said the stock market was breaking records because it THINKS HE is going to win.

So now all those gains from back then are gone. Billions wiped out. Biden has nothing to do with it. It's Trump's actions since he took over that are causing the drops and hiring freezes and inflation. Tariffs cause inflation right?

trump is just totally a liar and full of sh*t.

 

[Rambunctious]

Have to see if Trump is serious about his tariffs.
Right now they are on again, off again

If they stick, inflation will follow

China and Canada announced they were adding to their already existing tariffs so ours went back on too.... do you have a problem with that china bot?....

 

[rightwinger]

China and Canada announced they were adding to their already existing tariffs so ours went back on too.... do you have a problem with that china bot?....

I smell a Recession

 

[Rambunctious]

I smell a Recession

That's Biden's socks.....

 

[Rambunctious]

You aren't an expert if you say we had a recession because we either had 3 months in a row of job losses or we did not. Did we? Then no expert would have said some stupid shit like that.

Hey, you know how Trump is promising the mess he created won't last long? He remind me of Donald Rumsfeld when he said this about the Iraq war "Five days or five weeks or five months, but it certainly isn't going to last any longer than that," he said. LOL

Trump's been in office for 53 days... he got hostages home... and Ukraine to agree to talks... prices coming down... even gas and eggs... he has done more in 53 days than Biden did in four years...

 

[rightwinger]

Trump's been in office for 53 days... he got hostages home... and Ukraine to agree to talks... prices coming down... even gas and eggs... he has done more in 53 days than Biden did in four years...

Destroyed alliances that have been around for 80 years

 

[JimH52]

I smell a Recession

Of course, Repubs are back in the White House.

 

[Rawley]

Well, let trump continue his march into oblivion. I really think the man is in the White House to destroy the US. He is doing the very opposite of whata President should do.

-Starting an unprovoked trade war with both allies and adversaries.
-Supporting a murdering dictator over a democratic ally
-enacting policies that are hurting the very people who voted for him (rural voters, farmer, older Americans)
-allowing an unqualified group of kids to access sensitive data in governmental agencies.

The list could go on and on. The most astounding trump action is his love affair with Poootin and Russia. There has got to be a reason Poootin is so far up his butt...?

Your pain brings us joy