Federal Reserve now predicts Q2 Gdp growth of 3.8%

[dudmuck]

Biden left us with 30% higher grocery prices. Everything was more expensive during the Biden regime. Absolutely everything. Get off the drugs man

https://www.marketwatch.com/story/u-s-trade-deficit-in-goods-plummets-in-april-pointing-to-higher-gdp-in-second-quarter-099c55f7

If Biden did something to raise them, then Trump would undo whatever that was.

 

[kyzr]

If Biden did something to raise them, then Trump would undo whatever that was.

Since Trump's inauguration grocery prices are tracking with inflation, still way better than the Biden disaster.

CBS News price tracker shows how much food, gas, utility and housing costs are rising

These charts track prices consumers pay for groceries and other goods now compared to five years ago.

www.cbsnews.com

 

[22lcidw]

Trump is fucking over this country a lot more than China is.

China isn't kicking millions of Americans off Medicaid. The imbecile, mentally ill Trump is doing that.

The next time you come to power, give the lower classes a massive tax cut or get rid of some of the federal taxes that are not the Income Tax. Ones that the peasant uses. You won't. You like to give breaks to privileged groups within those classes or those who even made a better life and do not need it. An example if forgiving student loans. Not once in many many years have I heard of a huge tax reduction for the lower classes. You know where the money comes from when all of the taxes are added up. The federal Income Tax is just one.

 

[Delldude]

Trump backed down. The tariff went from 145% to 30%.

Backed down or made a bilateral agreement?

 

[kyzr]

Backed down or made a bilateral agreement?

Backed down, there is no agreement yet. 145% made too much turmoil.

 

[Delldude]

Backed down, there is no agreement yet. 145% made too much turmoil.

They came to agreement several weeks ago. Mutually.

If there's no agreement, why are both accusing each other of violating it?

 

[Dr. Phosphorous]

Biden left us with 30% higher grocery prices. Everything was more expensive during the Biden regime. Absolutely everything. Get off the drugs man

https://www.marketwatch.com/story/u-s-trade-deficit-in-goods-plummets-in-april-pointing-to-higher-gdp-in-second-quarter-099c55f7

Whatever you say.....deranged, mentally ill racist MAGA guy.

 

[Dr. Phosphorous]

Trump is kicking illegals off of Medicaid and getting rid of Fraud and Abuse. Get used to it

Wrong again, simp.

Millions of MAGA voters, imbeciles just like you, will lose their Medicaid coverage.

 

[Dr. Phosphorous]

The next time you come to power, give the lower classes a massive tax cut or get rid of some of the federal taxes that are not the Income Tax.

Already did that, simp. Obama's 2009 tax cuts were the largest middle class tax cuts in the history of the country.

Ones that the peasant uses. You won't. You like to give breaks to privileged groups within those classes or those who even made a better life and do not need it. An example if forgiving student loans. Not once in many many years have I heard of a huge tax reduction for the lower classes. You know where the money comes from when all of the taxes are added up. The federal Income Tax is just one.

More mindless MAGA peasant blather.

 

[Delldude]

Wrong again, simp.

Millions of MAGA voters, imbeciles just like you, will lose their Medicaid coverage.

Link or BS?

 

[Dr. Phosphorous]

Link or BS?

The Congressional Budget Office estimate 13.7 million Americans are going to lose their Medicaid coverage. That will include millions of MAGA voters.

Congressional District Data – 13.7 Million People Would Lose Health Insurance From Medicaid, ACA Cuts - Congressional District Data – 13.7 Million People Would Lose Health Insurance From Medicaid, ACA Cuts - United States Joint Economic Committee

 

[Delldude]

The Congressional Budget Office estimate 13.7 million Americans are going to lose their Medicaid coverage. That will include millions of MAGA voters.

Congressional District Data – 13.7 Million People Would Lose Health Insurance From Medicaid, ACA Cuts - Congressional District Data – 13.7 Million People Would Lose Health Insurance From Medicaid, ACA Cuts - United States Joint Economic Committee

Ahhh..... democrats Committee BS.

Not CBO.

Are people losing their Medicaid?

So the Congressional Budget Office estimates that over a million people, these seniors and people with disabilities, will lose their access to Medicaid and therefore will lose their access to those additional benefits. Geoff Bennett: Certainly more to come.
4 days ago

 

[Missourian]

And there's another thing about the numbers and markets -- expectations. So let's say the figure in the upcoming report remains at 3.8%, but drops to 3.0% or 2.8% because of the tariffs in the next report. That still might be fine, because the expectation was that it would drop to 2.0%, for example.

So that might be good enough news for businesses to loosen up, invest and off we go. This stuff is completely unpredictable. So you have to get past the raw data, the expectations, plus guidance/projections on the future from business, and any adjustments. I learned that a long time ago.

Then we see if the public goes shopping.

Perceptions is reality.

Democrats helped by being wrong again. (When was the last time they were right?). They preached all this doom and gloom... then the prices started to drop. Gas in Florida was $2.66 the day before memorial day. A gallon of milk was $2.91 yesterday at Aldi's. Eggs have a ways to go, but 3.10 a dozen is a hell of sight better than $8.

Wall Street took a hit, Trump adjusted, and the Stock Market went back up. The 143% tariffs? Yes, they are gone, but the 30% tariffs are still mostly in place in countries that haven't made deals to lower their own tariffs.

And the world hasn't come to an end. I'm fact, GDP predictions are positive, and in April the goods trade imbalance dropped by 46%.

Thanks Democrats, for stoking fears of economic calamity into the stratosphere. By setting these unrealistic expectations, when they didn't materialize, things when back to normal. The only damage done was to your reputations... and after that whole "Biden sharp as a tack" debacle... well, that added tarnish is hardly noticeable...

Everyone expects you to be wrong now... and that is also helpful.

 

[Nostra]

Wrong again, simp.

Millions of MAGA voters, imbeciles just like you, will lose their Medicaid coverage.

Lies.

 

[Nostra]

Already did that, simp. Obama's 2009 tax cuts were the largest middle class tax cuts in the history of the country.


More mindless MAGA peasant blather.

Barry Hussein just extended the Bush tax cuts, moron.

 

[Nostra]

Link or BS?

BS. That clown has nothing else.

 

[Dr. Phosphorous]

Ahhh..... democrats Committee BS.

Not CBO.

Are people losing their Medicaid?

So the Congressional Budget Office estimates that over a million people, these seniors and people with disabilities, will lose their access to Medicaid and therefore will lose their access to those additional benefits. Geoff Bennett: Certainly more to come.
4 days ago

Read the first sentence, shit-for-brains:

According to the nonpartisan Congressional Budget Office (CBO)’s analysis about legislation released on May 11th by House Republicans, cuts to Medicaid and the Affordable Care Act (ACA) would result in roughly 13.7 million people losing their health insurance by 2034.

 

[Dr. Phosphorous]

Barry Hussein just extended the Bush tax cuts, moron.

No, he did not, Simp. God damn you're stupid as fuck.

Obama was smart.....he didn't extend pointless tax cuts to millionaires and billionaires. Like imbecile Trump. Like imbecile Bush.

 

[Luckyone]

Well, so much for that doom and gloom talk. The economy is on fire...

FEDERAL RESERVE NOW PREDICTS 3.8% GDP GROWTH IN Q2.

You need to do a bit better research before you make such statements as "Federal Reserve now predicts".

This is NOT a Federal Reserve statement. Your own link shows that prediction comes from the Citizens Free Press (on Twitter), and using a chart from Blue Chip Economic Indicators and Blue Chip Financial Forecast sources (not the Federal Reserve).

Barclays says this:

Q2 2025 Global Outlook: At a crossroads​

Global growth looks set to slow as tariffs rise. If policy uncertainty continues and trade wars worsen, a sharp slowdown may become a realistic risk across major economies, according to our Research analysts.

and from AI

AI Overview

The Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters predicts a 1.5% annual growth rate for the US economy in the second quarter of 2025, down from the previous prediction of 2.1%.

 

[Delldude]

Read the first sentence, shit-for-brains:

According to the nonpartisan Congressional Budget Office (CBO)’s analysis about legislation released on May 11th by House Republicans, cuts to Medicaid and the Affordable Care Act (ACA) would result in roughly 13.7 million people losing their health insurance by 2034.

According to, with a touch of Dem misleading...