Inflation is easing. Now, Harris has an even bigger problem with the economy.

[HikerGuy83]

https://www.politico.com/news/2024/08/14/inflation-harris-economy-feds-00173962

The labor market is cooling. Banks like JPMorgan Chase and Goldman Sachs are raising their projections for a U.S. recession. More Americans are skipping credit cards and auto loan payments. Delinquency expectations — which reflect the likelihood of a missed minimum payment on outstanding debt — are at the highest levels since the peak of Covid-19 lockdowns.

Thanks to Kamala and Joe, we are in a real mess.

I realize the left tries to hang this on Bush...or Trump.....or Nixon or whoever else they can so they don't have to accept responsibility for the huge deficits and problems they've created with their policies.

All these cries about jobs markets that are now going soft and other indices that would show the economy isn't as great a shape as they said it was will.....are going to come back to them.

I so look forward to the myriad of clips that show Harris touting "Bidenomics" as "working" when in fact it was just accumulating the negative energy it is getting ready to release.

This is why Harris won't speak to the press. She's going to get hammered. And never mind that she continues to espouse ideas (like Biden did during the debate) that will do nothing but add to a fast growing debt.

Biden and Hindeburg Harris have us on track to 40 trillion before the end of 2028. At that time, it's not going to matter who is president.

 

[SweetSue92]

https://www.politico.com/news/2024/08/14/inflation-harris-economy-feds-00173962

The labor market is cooling. Banks like JPMorgan Chase and Goldman Sachs are raising their projections for a U.S. recession. More Americans are skipping credit cards and auto loan payments. Delinquency expectations — which reflect the likelihood of a missed minimum payment on outstanding debt — are at the highest levels since the peak of Covid-19 lockdowns.

Thanks to Kamala and Joe, we are in a real mess.

I realize the left tries to hang this on Bush...or Trump.....or Nixon or whoever else they can so they don't have to accept responsibility for the huge deficits and problems they've created with their policies.

All these cries about jobs markets that are now going soft and other indices that would show the economy isn't as great a shape as they said it was will.....are going to come back to them.

I so look forward to the myriad of clips that show Harris touting "Bidenomics" as "working" when in fact it was just accumulating the negative energy it is getting ready to release.

This is why Harris won't speak to the press. She's going to get hammered. And never mind that she continues to espouse ideas (like Biden did during the debate) that will do nothing but add to a fast growing debt.

Biden and Hindeburg Harris have us on track to 40 trillion before the end of 2028. At that time, it's not going to matter who is president.

I don't know. If Americans still vote her in when they should know this, I'm of the mind to say we get what we deserve. And also, let them own every speck of it.

 

[HikerGuy83]

I don't know. If Americans still vote her in when they should know this, I'm of the mind to say we get what we deserve. And also, let them own every speck of it.

They will never own anything.

That's what makes her (and the rest of them) such disgusting sub-humans. Democrat must mean victim in some other language.

Pretty soon they'll want reparations because they had to work.

 

[SweetSue92]

They will never own anything.

That's what makes her (and the rest of them) such disgusting sub-humans. Democrat must mean victim in some other language.

Pretty soon they'll want reparations because they had to work.

If she wins, we must absolutely stop making America work when at least half the nation hates everything good about it.

It's like enabling a drug addict in late stages. It LOOKS compassionate but just prolongs the agony.

Give the people

What they vote for

 

[HikerGuy83]

If she wins, we must absolutely stop making America work when at least half the nation hates everything good about it.

It's like enabling a drug addict in late stages. It LOOKS compassionate but just prolongs the agony.

Give the people

What they vote for

Well, no.

This is a republic and Kamala Harris only knows one way to get things done.

So unless she is planning on banging Putin, she's going to be a foriegn policy nightmare.

I've tried to google several of her past clips, you can't find them. The media and google are literally selling us a ghost.

She doesn't exist. An empty suite.

 

[Foxfyre]

I don't know. If Americans still vote her in when they should know this, I'm of the mind to say we get what we deserve. And also, let them own every speck of it.

The problem is if Kamala is elected, the Democrats most likely retain control of the Senate and could likely also take the House. If that happens there will be nothing standing in their way to do whatever they want, pass whatever oppressive laws they want, ending private health insurance, granting amnesty to tens of millions of illegals, including enlarging the Supreme Court to however many justices and stacking it full of activists who will do their bidding, and revising election laws so that they retain power in perpetuity.

And then when it all starts falling apart, they declare a national emergency and martial law and voila, we are a totalitarian country with them in charge.

Our only hope to keep America as it was intended to be is to vote straight GOP at ALL levels no matter how hard we have to hold our noses to do it.

 

[SweetSue92]

Well, no.

This is a republic and Kamala Harris only knows one way to get things done.

So unless she is planning on banging Putin, she's going to be a foriegn policy nightmare.

I've tried to google several of her past clips, you can't find them. The media and google are literally selling us a ghost.

She doesn't exist. An empty suite.

If she wins, we can no longer be a republic. The people don't want it. That's what I'm saying.

So those of us who appreciate what America was need to stop acting like America still exists. At that point, it won't. Stop supporting it in all ways.

Give the people the socialism they want.

 

[Foxfyre]

Well, no.

This is a republic and Kamala Harris only knows one way to get things done.

So unless she is planning on banging Putin, she's going to be a foriegn policy nightmare.

I've tried to google several of her past clips, you can't find them. The media and google are literally selling us a ghost.

She doesn't exist. An empty suite.

Yes the media is erasing all the history from their files and Google has made it almost impossible to dig it out of the internet. The fix is on.

 

[SweetSue92]

The problem is if Kamala is elected, the Democrats most likely retain control of the Senate and could likely also take the House. If that happens there will be nothing standing in their way to do whatever they want, pass whatever oppressive laws they want, ending private health insurance, granting amnesty to tens of millions of illegals, including enlarging the Supreme Court to however many justices and stacking it full of activists who will do their bidding, and revising election laws so that they retain power in perpetuity.

And then when it all starts falling apart, they declare a national emergency and martial law and voila, we are a totalitarian country with them in charge.

Our only hope to keep America as it was intended to be is to vote straight GOP at ALL levels no matter how hard we have to hold our noses to do it.

I don't disagree at all. Believe me, me and mine are getting to the polls.

I'm talking about IF and WHEN she wins. We will have a bunch of stupid Americans grateful just that "Orange Man Bad" didn't win. They'll think it's over and go back to being apolitical.

That's what got us in this mess.

IF KH wins, and the stock market crashes, oh well. If crime is rampant, oh well. Us in front of a microphone day after day, "This is what you voted for. At least it's not Mean Tweets".

And then there's the not-distant possibility that, if that feckless Makala doesn't close the border, states like Texas start secession.

 

[Foxfyre]

I don't disagree at all. Believe me, me and mine are getting to the polls.

I'm talking about IF and WHEN she wins. We will have a bunch of stupid Americans grateful just that "Orange Man Bad" didn't win. They'll think it's over and go back to being apolitical.

That's what got us in this mess.

IF KH wins, and the stock market crashes, oh well. If crime is rampant, oh well. Us in front of a microphone day after day, "This is what you voted for. At least it's not Mean Tweets".

And then there's the not-distant possibility that, if that feckless Makala doesn't close the border, states like Texas start secession.

And if that happens we are again in civil war complete with bullets.

 

[SweetSue92]

And if that happens we are again in civil war complete with bullets.

To which I would ask Leftists, "why though"? They hate the red states. Why do they need us to make their Utopia?

 

[Foxfyre]

To which I would ask Leftists, "why though"? They hate the red states. Why do they need us to make their Utopia?

The need the red states taxes, ports, manufacturing, and there are a LOT of military installations in those red states they would not want to easily give up.

 

[SweetSue92]

The need the red states taxes, ports, manufacturing, and there are a LOT of military installations in those red states they would not want to easily give up.

How long are people in red states going to be ruled by totalitarians and unelected, unaccountable bureaucrats thousands of miles away?

we might find out. Oh well

 

[HikerGuy83]

Now she says she is going to take on corporations in an effort to cover for inflation.

Where TF was she for the last 4 years.

Oh wait....Susan Rice said she was in the middle of it all.

So where was she.

 

[HikerGuy83]

The problem is if Kamala is elected, the Democrats most likely retain control of the Senate and could likely also take the House. If that happens there will be nothing standing in their way to do whatever they want, pass whatever oppressive laws they want, ending private health insurance, granting amnesty to tens of millions of illegals, including enlarging the Supreme Court to however many justices and stacking it full of activists who will do their bidding, and revising election laws so that they retain power in perpetuity.

And then when it all starts falling apart, they declare a national emergency and martial law and voila, we are a totalitarian country with them in charge.

Our only hope to keep America as it was intended to be is to vote straight GOP at ALL levels no matter how hard we have to hold our noses to do it.

Better to die free than live in chains.

 

[Foxfyre]

Better to die free than live in chains.

If all Patriots will just do the sensible and right thing and vote straight GOP in November, there won't be chains or bullets.

 

[HikerGuy83]

If all Patriots will just do the sensible and right thing and vote straight GOP in November, there won't be chains or bullets.

I've said it before.....you can't turn your back on the God of this land and expect to prosper (which means much more than money).

 

[Mac1958]

https://www.politico.com/news/2024/08/14/inflation-harris-economy-feds-00173962

The labor market is cooling. Banks like JPMorgan Chase and Goldman Sachs are raising their projections for a U.S. recession.

I know this won't matter, but just for the heck of it.

From your link:

• Rate markets are pricing in more risk of economic slowdown
• But economists, markets still predicting a soft landing ahead

Those banks are not "raising their projections for a US recession". They are saying that markets have priced in, through their buying and selling tactical decisions, a higher probability, BUT ALSO that a recession is an "outside chance". GS has a 25% probability in place as of today. That's slightly higher than it was before, but still an outside chance. Markets breathe, fluctuate, constantly. The fact is, no one knows.

The labor market cooling is actually the point of what the Fed is trying to do. The "soft landing" is precisely the stated goal. It's the Fed's mandate.

And further, the Fed (whether we like it or not) has far more influence over the macroeconomy than any president (or, obviously, Vice President). Trump himself begged the Fed to not only INCREASE inflationary quantitative easing, but also to artificially decrease interest rates. Thank goodness the Fed told him to pound sand, but this notion that he wants the President to have influence over the Fed is simply terrifying.

Look, I realize that I don't really understand the point of partisan political rhetoric from either party. Maybe intellectual honesty just isn't a consideration. If you're just tossing out stuff for fun, then I withdraw my comments.

 

[22lcidw]

I know this won't matter, but just for the heck of it.

From your link:

• Rate markets are pricing in more risk of economic slowdown
• But economists, markets still predicting a soft landing ahead

Those banks are not "raising their projections for a US recession". They are saying that markets have priced in, through their buying and selling tactical decisions, a higher probability, BUT ALSO that a recession is an "outside chance". GS has a 25% probability in place as of today. That's slightly higher than it was before, but still an outside chance. Markets breathe, fluctuate, constantly. The fact is, no one knows.

The labor market cooling is actually the point of what the Fed is trying to do. The "soft landing" is precisely the stated goal. It's the Fed's mandate.

And further, the Fed (whether we like it or not) has far more influence over the macroeconomy than any president (or, obviously, Vice President). Trump himself begged the Fed to not only INCREASE inflationary quantitative easing, but also to artificially decrease interest rates. Thank goodness the Fed told him to pound sand, but this notion that he wants the President to have influence over the Fed is simply terrifying.

Look, I realize that I don't really understand the point of partisan political rhetoric from either party. Maybe intellectual honesty just isn't a consideration. If you're just tossing out stuff for fun, then I withdraw my comments.

Progs ideas of balancing the budget are massive tax increases. This while adding more expensive programs through legislation. Progs never cut taxes. They may keep part of Trump's tax cuts in 2025 when it runs out for the peasants on their standard deductions and then say they gave a tax cut. They did this before. To them, balancing the budget cannot happen because of tax cuts for the rich as they spew. Yet when empowered they do not make the massive tax increases into law that they really say they want. The arrow on your campaigns means you cannot stop the movement from the Democratic Party to a Liberal Party to a Progressive Socialist Party enroute to Communism. The arrow tells all.

 

[justoffal]

https://www.politico.com/news/2024/08/14/inflation-harris-economy-feds-00173962

The labor market is cooling. Banks like JPMorgan Chase and Goldman Sachs are raising their projections for a U.S. recession. More Americans are skipping credit cards and auto loan payments. Delinquency expectations — which reflect the likelihood of a missed minimum payment on outstanding debt — are at the highest levels since the peak of Covid-19 lockdowns.

Thanks to Kamala and Joe, we are in a real mess.

I realize the left tries to hang this on Bush...or Trump.....or Nixon or whoever else they can so they don't have to accept responsibility for the huge deficits and problems they've created with their policies.

All these cries about jobs markets that are now going soft and other indices that would show the economy isn't as great a shape as they said it was will.....are going to come back to them.

I so look forward to the myriad of clips that show Harris touting "Bidenomics" as "working" when in fact it was just accumulating the negative energy it is getting ready to release.

This is why Harris won't speak to the press. She's going to get hammered. And never mind that she continues to espouse ideas (like Biden did during the debate) that will do nothing but add to a fast growing debt.

Biden and Hindeburg Harris have us on track to 40 trillion before the end of 2028. At that time, it's not going to matter who is president.

Harris just declared war on the entire service industry. She was the tie breaking vote on the new bill that includes a tax on tips.
She should have simply refrained from voting.