GDP report is a five alarm siren warning -- we are headed towards stagflation

Sure, you believe the vaccine causes covid.
Just like facebook, FOX and Q NUT daily say's so.
No, it might be giving people covid symptoms, but not necessarily the full fledged virus. I know plenty who got real sick with covid symptoms after the jab, but recovered within 24 hours of getting the jab. Others didn't have any reaction at all other than a sore arm at the injection site.
 
No, it might be giving people covid symptoms, but not necessarily the full fledged virus. I know plenty who got real sick with covid symptoms after the jab, but recovered within 24 hours of getting the jab. Others didn't have any reaction at all other than a sore arm at the injection site.
I'll agree with that.
Some people claim the get a cold/flu after receiving that shot.
The jury is still out on that one.
 
I'll agree with that.
Some people claim the get a cold/flu after receiving that shot.
The jury is still out on that one.
No Jury needed, because it's true, and worse than that people are still getting the full on Covid after being vaccinated. I know vet's that have gotten the virus months after being vaccinated, and they still had to take measures such as using known therapies to give them relief from their symptoms. Some are dying even though they've been vaccinated. Wow!
 
Carter is one happy man today as all indications are Biden will be 20 times harder on the working class than Carter!! -OG

The Commerce Department reported today that the high-flying U.S. economy with a 6.7% rate of growth in the U.S. economy for the first half of this year crash landed in the third quarter (July-September) with an anemic rate of just 2 percent.


Those under the age of 40 probably don’t even know what that is – and they’ve certainly never experienced it up front and personal.

Here’s the official definition from Investopedia: Stagflation is characterized by slow economic growth, which is at the same time accompanied by rising prices (i.e. inflation)."

The last time we saw this phenomenon was in the 1970s during the era of presidents Nixon, Ford, and Carter. Years of persistently high inflation triggered a surge in unemployment. That then led to the term "misery index." The sum of the inflation rate and the unemployment rate. It exceeded 18% in Carter’s last year in office.

And then it was…Jimmy we hardly knew ye. With the economy sagging, Carter lost a landslide election to Ronald Reagan.


Worse yet has been the expansion of welfare programs like food stamps and unemployment benefits (not tied to working). These free cash and benefit programs incentivized workers to stay out of the workforce and collect government payments that when added all up could be the equivalent of a $75,000 a year job in many states. The big surprise was that the labor force shrunk and companies had 11 million jobs they couldn’t fill.

The most worrisome trend is the almost overnight decline in business investment. Business investment or "Cap X," as it is sometimes called, is the seed corn of a productive economy.

Companies have slowed their investment spending in part because of the imminent threat of higher taxes and a steel fist of new regulations has cautioned businesses to hit the pause button.

Why invest when the politicians in Washington are threatening to tax away your earnings in the name of paying your "fair share?" Businesses that make profits are now demonized as enemies of the people in this new progressive culture.

The income redistributionists who seem to be driving the Democratic Party agenda are soon going to learn that there pixie dust economic doctrine called Modern Monetary Theory – which posits that Congress can spend and borrow ad infinitum -- is a giant hoax.

https://www.foxbusiness.com/markets/...-stephen-moore
Nah.. Everything is Great!
Maybe I'll go buy a Brand New car
 
No Jury needed, because it's true, and worse than that people are still getting the full on Covid after being vaccinated. I know vet's that have gotten the virus months after being vaccinated, and they still had to take measures such as using known therapies to give them relief from their symptoms. Some are dying even though they've been vaccinated. Wow!
WOW?
You don't know how vaccines work?
 
Is that why the stock market is higher, unemployment is dropping and companies are having record setting profits?
Idiot---stock market is higher because of inflation and no interest on putting cash in banks. People are trying to hedge against hyper inflation buying stocks and hard assets. MOney in banks now is losing value as what you could buy for a $1 last year is much less this year. Unemployment is wonky as people are refusing to work because the government is paying them not to-------and with the government printing cash and spending there lots of dollars floating around but the dollars are losing value so this unsubstainable. The Feds only job is to raise and lower interest, they are supposed to raise interest rates to fight inflation, so far they have refused choosing to kick the can down the road. At some point to try to stop inflation they will have raise interest rates..which will kill the economy and worse for the government raise the cost to carry all the fucking debt that dipship Biden just added---causing massive tax increases. Companies are having record profits because the dollar is worth less and idiots given government money are spending like the morons that they are. We are fucked, at some time, the music is going to stop---and we are all fucked Moon. This is how socialist nations go down--resulting in Venzuelas...
 

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