Economy grows by 3.2% beating expectations !
- Thread starter DigitalDrifter
- Start date
expat_panama
Gold Member
- Apr 12, 2011
- 4,026
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Ah, now you don't want to talk about the overall economy. Makes sense if your faction is more important to you than people. However, you're changing the subject to labor markets---When you start with a -6.2 with losing 800,000 jobs a mont...There's really no other way to look at it --
-- the economy was great before '09 and it's been great after '16.
--but if your faction is still all that matters then you might want to get your facts straight first.
Weatherman2020
Diamond Member
I drink your tears of anguish like a fine wine.
georgephillip
Diamond Member
I drink your tears of anguish like a fine wine.
"'PRETTY close to a laughing stock.'
"That is Walter Shaub’s verdict on America’s standing in the world, at least from an ethics point of view, under President Donald Trump.
"Mr Shaub’s view counts: he stepped down this week as head of the Office of Government Ethics, a federal watchdog.
"He is leaving his job six months early, frustrated at the president’s failure to separate himself from his businesses, at White House foot-dragging on disclosing ethics waivers for staff, at its failure to admonish a Trump adviser who plugged the family’s products in an interview, and more. 'It’s hard for the United States to pursue international anticorruption and ethics initiatives when we’re not even keeping our own side of the street clean,' Mr Shaub told the New York Times"
How Donald Trump is monetising his presidency
RealDave
Gold Member
- Sep 28, 2016
- 26,521
- 3,568
- 290
Ah, now you don't want to talk about the overall economy. Makes sense if your faction is more important to you than people. However, you're changing the subject to labor markets---When you start with a -6.2 with losing 800,000 jobs a mont...There's really no other way to look at it --
-- the economy was great before '09 and it's been great after '16.
--but if your faction is still all that matters then you might want to get your facts straight first.
The fact is Obama took office with unemployment on its way to 10%. You assfucks blame Obama for that.
Obama left Trump a vibrant growing economy.
So shove your dishonesty up your ass.
Weatherman2020
Diamond Member
Yes, spend as much effort as you can attempting to tell people they don’t know their own personal financial situation.I drink your tears of anguish like a fine wine.
"'PRETTY close to a laughing stock.'
"That is Walter Shaub’s verdict on America’s standing in the world, at least from an ethics point of view, under President Donald Trump.
"Mr Shaub’s view counts: he stepped down this week as head of the Office of Government Ethics, a federal watchdog.
"He is leaving his job six months early, frustrated at the president’s failure to separate himself from his businesses, at White House foot-dragging on disclosing ethics waivers for staff, at its failure to admonish a Trump adviser who plugged the family’s products in an interview, and more. 'It’s hard for the United States to pursue international anticorruption and ethics initiatives when we’re not even keeping our own side of the street clean,' Mr Shaub told the New York Times"
How Donald Trump is monetising his presidency
georgephillip
Diamond Member
Yes, spend as much effort as you can attempting to tell people they don’t know their own personal financial situation.I drink your tears of anguish like a fine wine.
"'PRETTY close to a laughing stock.'
"That is Walter Shaub’s verdict on America’s standing in the world, at least from an ethics point of view, under President Donald Trump.
"Mr Shaub’s view counts: he stepped down this week as head of the Office of Government Ethics, a federal watchdog.
"He is leaving his job six months early, frustrated at the president’s failure to separate himself from his businesses, at White House foot-dragging on disclosing ethics waivers for staff, at its failure to admonish a Trump adviser who plugged the family’s products in an interview, and more. 'It’s hard for the United States to pursue international anticorruption and ethics initiatives when we’re not even keeping our own side of the street clean,' Mr Shaub told the New York Times"
How Donald Trump is monetising his presidency
Which "people" are you referring to, Trump "People"?
Bloomberg - Are you a robot?
"Most rich taxpayers, however, are doing much better this year.
"The alternative-minimum tax, or AMT, dreaded by affluent Americans, lost much of its bite in the legislation.
"The estate tax, previously paid by just two out of every 1,000 taxpayers who die, is now even easier to avoid.
"The law doubles the amount of wealth exempt from the levy, to $11 million for singles and $22 million for couples. The rich are already using the new limits to create dynasty trusts for generations of their descendants."
Weatherman2020
Diamond Member
Your childish jealousy of others is hysterical.Yes, spend as much effort as you can attempting to tell people they don’t know their own personal financial situation.I drink your tears of anguish like a fine wine.
"'PRETTY close to a laughing stock.'
"That is Walter Shaub’s verdict on America’s standing in the world, at least from an ethics point of view, under President Donald Trump.
"Mr Shaub’s view counts: he stepped down this week as head of the Office of Government Ethics, a federal watchdog.
"He is leaving his job six months early, frustrated at the president’s failure to separate himself from his businesses, at White House foot-dragging on disclosing ethics waivers for staff, at its failure to admonish a Trump adviser who plugged the family’s products in an interview, and more. 'It’s hard for the United States to pursue international anticorruption and ethics initiatives when we’re not even keeping our own side of the street clean,' Mr Shaub told the New York Times"
How Donald Trump is monetising his presidencyWhich "people" are you referring to, Trump "People"?
Bloomberg - Are you a robot?
"Most rich taxpayers, however, are doing much better this year.
"The alternative-minimum tax, or AMT, dreaded by affluent Americans, lost much of its bite in the legislation.
"The estate tax, previously paid by just two out of every 1,000 taxpayers who die, is now even easier to avoid.
"The law doubles the amount of wealth exempt from the levy, to $11 million for singles and $22 million for couples. The rich are already using the new limits to create dynasty trusts for generations of their descendants."
I drink your tears of anguish like a fine wine.
Roudy
Diamond Member
- Mar 16, 2012
- 63,086
- 20,251
- 2,250
Actually Russian social media activity had zero Impact if any, just an excuse for why the Dems failed so badly in 2016.Vlad is counting on you in 2020, Troll.
Russian Influence Reached 126 Million Through Facebook Alone
"WASHINGTON — Russian agents intending to sow discord among American citizens disseminated inflammatory posts that reached 126 million users on Facebook, published more than 131,000 messages on Twitter and uploaded over 1,000 videos to Google’s YouTube service, according to copies of prepared remarks from the companies that were obtained by The New York Times."
New Studies Show Pundits Are Wrong About Russian Social-Media Involvement in US Politics
Far from being a sophisticated propaganda campaign, it was small, amateurish, and mostly unrelated to the 2016 election.
Roudy
Diamond Member
- Mar 16, 2012
- 63,086
- 20,251
- 2,250
If you like yer doctor ye can keep yer doctor?
Consumer debt hits $4 trillion — a record high
"Americans are diving deeper and deeper into the red.
"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.
"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.
"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."
Why are Americans sinking deeper and deeper into debt in a "booming" economy?
Look again it's medical debt that's growing
Wanna know why?
JoUnintended consequences of the profit motive?
"The very idea of health insurance is in some ways the original sin that catalyzed the evolution of today’s medical-industrial complex.
"The people who founded the Blue Cross Association in Texas nearly a century ago had no idea how their innovation would spin out of control.
"They intended it to help the sick."
"And, in the beginning, it did.
How health insurance changed from protecting patients to seeking profit
MAGAman
Pro-American Patriot
justoffal
Diamond Member
- Jun 29, 2013
- 38,369
- 31,295
- 2,905
Consumer debt hits $4 trillion — a record high
"Americans are diving deeper and deeper into the red.
"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.
"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.
"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."
Why are Americans sinking deeper and deeper into debt in a "booming" economy?
Look again it's medical debt that's growing
Wanna know why?
JoUnintended consequences of the profit motive?
"The very idea of health insurance is in some ways the original sin that catalyzed the evolution of today’s medical-industrial complex.
"The people who founded the Blue Cross Association in Texas nearly a century ago had no idea how their innovation would spin out of control.
"They intended it to help the sick."
"And, in the beginning, it did.
How health insurance changed from protecting patients to seeking profit
You're almost there George ... BTW health institutions in the US have always been for profit. The ludicrous idea that because they were once called non profits so they didn't make or strive for profits is hilarious and strictly for the gullible.
What has changed? The shifting of the social burden from the government to private insurers. Nothing else had changed. The idea that the high risk participant would now be easier to take care of was never founded in reality. Private insurers did the predictable. They jacked up the deductibles and copays ( if you check you'll find that those two things are responsible for the bulk of medical debt )to avoid financial collapse. The real problem has always been there....the near impossible task of caring for the high risk participant. It has never been solved.
Jo
justoffal
Diamond Member
- Jun 29, 2013
- 38,369
- 31,295
- 2,905
Your childish jealousy of others is hysterical.Yes, spend as much effort as you can attempting to tell people they don’t know their own personal financial situation.I drink your tears of anguish like a fine wine.
"'PRETTY close to a laughing stock.'
"That is Walter Shaub’s verdict on America’s standing in the world, at least from an ethics point of view, under President Donald Trump.
"Mr Shaub’s view counts: he stepped down this week as head of the Office of Government Ethics, a federal watchdog.
"He is leaving his job six months early, frustrated at the president’s failure to separate himself from his businesses, at White House foot-dragging on disclosing ethics waivers for staff, at its failure to admonish a Trump adviser who plugged the family’s products in an interview, and more. 'It’s hard for the United States to pursue international anticorruption and ethics initiatives when we’re not even keeping our own side of the street clean,' Mr Shaub told the New York Times"
How Donald Trump is monetising his presidencyWhich "people" are you referring to, Trump "People"?
Bloomberg - Are you a robot?
"Most rich taxpayers, however, are doing much better this year.
"The alternative-minimum tax, or AMT, dreaded by affluent Americans, lost much of its bite in the legislation.
"The estate tax, previously paid by just two out of every 1,000 taxpayers who die, is now even easier to avoid.
"The law doubles the amount of wealth exempt from the levy, to $11 million for singles and $22 million for couples. The rich are already using the new limits to create dynasty trusts for generations of their descendants."
I drink your tears of anguish like a fine wine.
But Twump sez Messicans ez waaaaaaypiss.
Jo
RealDave
Gold Member
- Sep 28, 2016
- 26,521
- 3,568
- 290
Consumer debt hits $4 trillion — a record high
"Americans are diving deeper and deeper into the red.
"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.
"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.
"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."
Why are Americans sinking deeper and deeper into debt in a "booming" economy?
Yea when you buy a house your household debt goes up a lot.
Maine home sales continue record-breaking pace
Housing confidence hits record high as home prices skyrocket
That's secured debt....
It's the medical debt ( Obamacare) that's killing the middle class.....
Jo
Read this chart, dumbass & then eat your post.
Weatherman2020
Diamond Member
Democrats must spend all resources to enlighten Americans they don’t know their own personal finances and socialism is the only way out.
Consumer debt hits $4 trillion — a record high
"Americans are diving deeper and deeper into the red.
"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.
"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.
"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."
Why are Americans sinking deeper and deeper into debt in a "booming" economy?
Yea when you buy a house your household debt goes up a lot.
Maine home sales continue record-breaking pace
Housing confidence hits record high as home prices skyrocket
That's secured debt....
It's the medical debt ( Obamacare) that's killing the middle class.....
Jo
Read this chart, dumbass & then eat your post.
georgephillip
Diamond Member
If you like yer doctor ye can keep yer doctor?
Consumer debt hits $4 trillion — a record high
"Americans are diving deeper and deeper into the red.
"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.
"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.
"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."
Why are Americans sinking deeper and deeper into debt in a "booming" economy?
Look again it's medical debt that's growing
Wanna know why?
JoUnintended consequences of the profit motive?
"The very idea of health insurance is in some ways the original sin that catalyzed the evolution of today’s medical-industrial complex.
"The people who founded the Blue Cross Association in Texas nearly a century ago had no idea how their innovation would spin out of control.
"They intended it to help the sick."
"And, in the beginning, it did.
How health insurance changed from protecting patients to seeking profit
Let's ask Liz:
Obamacare architect leaves White House for pharmaceutical industry job | Glenn Greenwald
"When the legislation that became known as 'Obamacare' was first drafted, the key legislator was the Democratic Chairman of the Senate Finance Committee, Max Baucus, whose committee took the lead in drafting the legislation.
"As Baucus himself repeatedly boasted, the architect of that legislation was Elizabeth Folwer, his chief health policy counsel; indeed, as Marcy Wheeler discovered, it was Fowler who actually drafted it.
"As Politico put it at the time: 'If you drew an organizational chart of major players in the Senate health care negotiations, Fowler would be the chief operating officer.'
"What was most amazing about all of that was that, before joining Baucus' office as the point person for the health care bill, Fowler was the Vice President for Public Policy and External Affairs (i.e. informal lobbying) at WellPoint, the nation's largest health insurance provider (before going to WellPoint, as well as after..."
justoffal
Diamond Member
- Jun 29, 2013
- 38,369
- 31,295
- 2,905
BWAHAHAHA....
YOU'RE SUCH A DOOFUS.
THAT'S NOT A DEBT CHART
YOU RETARD
Read it again.
It's an opinion poll.
Here's the new reality
Overall debt is skyrocketing
Mostly because people are paying the hospitals with credit cards.
Even the Insured Often Can't Afford Their Medical Bills
Hospitals Blame Insurance Reform for Rising Debt | Brown & Joseph, LLC
JO
YOU'RE SUCH A DOOFUS.
THAT'S NOT A DEBT CHART
YOU RETARD
Read it again.
It's an opinion poll.
Here's the new reality
Overall debt is skyrocketing
Mostly because people are paying the hospitals with credit cards.
Even the Insured Often Can't Afford Their Medical Bills
Hospitals Blame Insurance Reform for Rising Debt | Brown & Joseph, LLC
JO
Last edited:
RealDave
Gold Member
- Sep 28, 2016
- 26,521
- 3,568
- 290
So, you are claiming debt is skyrocketing but medical bankruptcies are falling.
Wow. You are soooooo smart.
Maybe they put more on their credit card because their economy sucks thanks to Trump? I'm sure fsarmners would since Trump ruined their export market.
RealDave
Gold Member
- Sep 28, 2016
- 26,521
- 3,568
- 290
Evidently you are too uninformed to know it.Democrats must spend all resources to enlighten Americans they don’t know their own personal finances and socialism is the only way out.
Consumer debt hits $4 trillion — a record high
"Americans are diving deeper and deeper into the red.
"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.
"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.
"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."
Why are Americans sinking deeper and deeper into debt in a "booming" economy?
Yea when you buy a house your household debt goes up a lot.
Maine home sales continue record-breaking pace
Housing confidence hits record high as home prices skyrocket
That's secured debt....
It's the medical debt ( Obamacare) that's killing the middle class.....
Jo
Read this chart, dumbass & then eat your post.
Yeah baby !!
US economy grows by 3.2% in the first quarter, topping expectations
- First-quarter gross domestic product expanded by 3.2%, the Bureau of Economic Analysis said in its initial read of the economy for that period.
- Economists polled by Dow Jones expected the U.S. economy increased by 2.5% in the first quarter.
- Gross domestic product for the first quarter was the best start to a year since 2015.
Nearly 25% of that growth came from a build-up in inventories. Another point came from trade.
"A buildup of inventories contributed about 0.7 percentage points to the 3.2% growth figure, which is unlikely to repeat and will likely reverse itself in the current quarter. Net exports added another point, but that isn’t likely to last either. “The upshot,” Ashworth said, “is that, stripping out trade and inventories, final sales to domestic purchasers increased by only 1.4%, which is the smallest gain in more than three years.”"
Strong Economic Growth in the First Quarter, but the Devil's in the Details
Clearly the economy is slowing as the massive fiscal stimulus the economy received in 2018 fades.
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