Is the U.S. Economy in recession, but Inflation skews the GDP numbers (Poll)

[boevans]

Exactly. The economy looks good, just had 254,000 jobs created. Problem is too many of them are government jobs. The Welfare Budget is $1.3T so we need those people working. The rating agencies keep downgrading the US debt. I hope the Fed keeps the economy from collapsing, but Congress is fighting to crash it. Powell called the current path "unsustainable". So not good.

... yet, with the right moves, sustainable and growable.

 

[Harpy Eagle]

The economy looks good, just had 254,000 jobs created. Problem is too many of them are government jobs.

How many of them were Govt jobs?

How many were Fed Govt jobs compared to state Govt jobs?

 

[kyzr]

...and if Pigs had wings they could fly. Nothing is different in Congress except that the parties have a stronger hold than they did

The bottom line is "we the people" do not want spending cut. any attempt to do so will be met with serious resistance. Trump will cut spending the same way he did in his first term....not at all.

You are absolutely right that Congress has NEVER cut spending.

We the people do want spending cut and the Budget balanced, but congress and the president like to get re-elected.

The Fed said that the current fiscal path is "unsustainable".

That means cut spending or the dollar collapses, choose wisely.

 

[kyzr]

Inflation has already gone away.

Do you really think Trump is going to deport more than a handful of folks just so he can say "see, I did it"

1. Inflation is still here, its slower, but very "sticky"
2. Trump will deport millions, especially if/when the government stops paying for their food and housing.

 

[Harpy Eagle]

We the people do want spending cut and the Budget balanced, but congress and the president like to get re-elected.

No we do not. I mean sure we talk about it a lot, but when we get to the voting booth we prove it is just talk and we do not really mean it.

There is no way you can look at the voting patterns since Reagan and say it shows that people want spending cuts and the Budget balanced

 

[kyzr]

Ask the guy you you have sworn your loyalty to. He sent a letter out letting everyone know the money was from him and because of him. Oh, and then he fought with the Dems to even bigger checks than they were willing to give.
But sure, it will be different this time....

Congress/Pelosi had the purse, wrote the Bill, Biden signed it.

Congress passes $1.9T Covid relief bill, with $1,400 checks, in major win for Biden

The measure will also extend jobless benefits and increase funding for vaccine distribution and schools.

www.nbcnews.com

 

[Harpy Eagle]

Congress/Pelosi had the purse, wrote the Bill, Biden signed it.

Congress passes $1.9T Covid relief bill, with $1,400 checks, in major win for Biden

The measure will also extend jobless benefits and increase funding for vaccine distribution and schools.

www.nbcnews.com

yep, that is the one that Trump pushed for the checks to be more than double what the Dems agreed to.

Just think if your guy had gotten his way the checks sent out would have been in the $3k range.

 

[WorldWatcher]

1. Inflation is still here, its slower, but very "sticky"
2. Trump will deport millions, especially if/when the government stops paying for their food and housing.

Not supporting Illegal Aliens...

But Georgia and Florida tried. It was a very bad thing for the agricultural section of their economies.

Want to see inflation? Supply and demand. Take cheep labor our of the agricultural industry and watch prices sky rocket.

WW

 

[kyzr]

No we do not. I mean sure we talk about it a lot, but when we get to the voting booth we prove it is just talk and we do not really mean it.

There is no way you can look at the voting patterns since Reagan and say it shows that people want spending cuts and the Budget balanced

My favorite Speaker was Newt Gingrich. He worked with Clinton to craft the last Balanced Budget.

Correct, there is no one running on a balanced budget, and only the Convention of States is pushing for a Balanced Budget Amendment, pols run on cutting taxes and throwing money from helicopters to get elected.

The Fed has warned us that the current fiscal path is unsustainable, rating agencies keep downgrading US debt.

I don't know how far out the "fiscal cliff" is, before the dollar collapses, but if Trump wins I hope he and Elon Musk can cut spending by slimming down the Federal government to make it more "efficient".

 

[Harpy Eagle]

My favorite Speaker was Newt Gingrich. He worked with Clinton to craft the last Balanced Budget.

Correct, there is no one running on a balanced budget, and only the Convention of States is pushing for a Balanced Budget Amendment, pols run on cutting taxes and throwing money from helicopters to get elected.

The Fed has warned us that the current fiscal path is unsustainable, rating agencies keep downgrading US debt.

I don't know how far out the "fiscal cliff" is, before the dollar collapses, but if Trump wins I hope he and Elon Musk can cut spending by slimming down the Federal government to make it more "efficient".

I have every confidence Trump will do as good a job at cutting spending as he did in his first term.

 

[kyzr]

yep, that is the one that Trump pushed for the checks to be more than double what the Dems agreed to.

Just think if your guy had gotten his way the checks sent out would have been in the $3k range.

You say that without proving it. Got a link? (Congress controls the purse)

 

[kyzr]

Not supporting Illegal Aliens...

But Georgia and Florida tried. It was a very bad thing for the agricultural section of their economies.

Want to see inflation? Supply and demand. Take cheep labor our of the agricultural industry and watch prices sky rocket.

WW

Agreed. If illegals are gainfully employed by a "sponsor" they should be allowed to stay.

The millions living in cities with free food and housing without sponsors can be shipped out.

 

[Harpy Eagle]

You say that without proving it. Got a link? (Congress controls the purse)

Trump calls Covid relief bill unsuitable and demands Congress add bigger stimulus payments

President Trump, in a stunning tweet, called the $900 billion Covid relief bill passed by Congress an unsuitable "disgrace."

www.cnbc.com

https://www.reuters.com/article/business/trump-threatens-to-not-sign-covid-19-bill-wants-bigger-stimulus-checks-idUSKBN28X01U/

Trump Demands Changes to Coronavirus Relief Bill, Calling It a ‘Disgrace’ (Published 2020)

The president sought bigger checks for Americans and a bill that dealt more specifically with pandemic relief.

www.nytimes.com

Is that enough or would you like more?

 

[kyzr]

I have every confidence Trump will do as good a job at cutting spending as he did in his first term.

Congress controls the Budget. Trump said Musk will make the Federal government more "efficient", I hope that means eliminating $trillions of "waste, fraud, and abuse".

 

[Harpy Eagle]

Congress controls the Budget. Trump said Musk will make the Federal government more "efficient", I hope that means eliminating $trillions of "waste, fraud, and abuse".

I do admire your optimism, no matter how naïve it might be.

 

[kyzr]

Trump calls Covid relief bill unsuitable and demands Congress add bigger stimulus payments

President Trump, in a stunning tweet, called the $900 billion Covid relief bill passed by Congress an unsuitable "disgrace."

www.cnbc.com

Is that enough or would you like more?

That's fine. Thank you. Trump wanted $2000 not $3000, (your post #28) was my point. I didn't remember the $3000 number.

 

[Harpy Eagle]

That's fine. Thank you. Trump wanted $2000 not $3000, (your post #28) was my point. I didn't remember the $3000 number.

Yes, that was my mistake. I had that part wrong.

But that was as minor detail, the point is that Trump wanted bigger checks than even the Dems.

 

[Harpy Eagle]

Congress controls the Budget. Trump said Musk will make the Federal government more "efficient", I hope that means eliminating $trillions of "waste, fraud, and abuse".

Do you hope that Musk will do for the Govt what he did for twitter?

 

[WorldWatcher]

Agreed. If illegals are gainfully employed by a "sponsor" they should be allowed to stay.

The millions living in cities with free food and housing without sponsors can be shipped out.

Agricultural Illegals Aliens are no different than the Illegal Aliens in the cities.

I can see way you want to make the distinction, but they are not different.

Well except they do keep are food prices down.

WW

 

[kyzr]

Do you hope that Musk will do for the Govt what he did for twitter?

He fucked up over-paying a few $billion for Twitter. Does it matter? Hint: <no>
Watch what he pays Trump for Truth-Social.

I hope Musk cuts the Fed government down to size.