Bootney Lee Farnsworth
Diamond Member
That's been the case for 100,000 years. Where have you been?Your side just turned half the population into unwilling breeding machines.
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That's been the case for 100,000 years. Where have you been?Your side just turned half the population into unwilling breeding machines.
/———/ Yeah, non stop attacks until democRATs get their way. It started with Reagan. It’s how you pigs roll.
Maybe. But the economy shrunk last quarter and they are predicting another 1% to the negative this quarter. That's a recession and those numbers will come out right before people will be making their decision unless they make up their mind based on the letter next to the person's name.Inflation is stabilizing and many indicators suggests we may actually see disinflation. I see it daily in my business. For those of you who believe in a free market capitalist economy this is how it works. Supply has increased with pandemic disruptions mostly behind us and higher prices from greedy corporations has driven demand lower. We are about to see a pricing pullback. Buckle up. Likely lead to a clean democratic sweep this fall of prices moderate.
- Falling freight rates
- Falling commodity prices - worst quarter since Great Recession
- Easing rents
- Cheaper GPUs
- Rising retail inventories
Disinflation begins
Prices are starting to decelerate, but the cause isn't yet clear.noahpinion.substack.com
For over a year now, we’ve seen inflation rise relentlessly. Price rises have lowered real wages for most workers, driven popular anger, and threatened economic stability. But there are finally indications that the tide is turning. In March, financial markets were predicting an annualized inflation rate of around 3.5% over the next five years; now, that number is down to 2.6%.
And expectations for inflation over the following five years, which had spiked up during the initial phase of the Ukraine war, have plunged back toward the Fed’s official 2% inflation target:
So markets think prices are going to cool down. That’s good in and of itself, because it means we’re in less danger of the sort of expectations-driven spiral that can lead to truly devastating hyperinflation. Markets have not yet lost confidence in the Fed. But this doesn’t mean we’re out of the woods, since markets are actually pretty bad at predicting future inflation.
It may, but a recession with high employment won’t be a big issue. If unemployment blows up, all bets are off for sure.Maybe. But the economy shrunk last quarter and they are predicting another 1% to the negative this quarter. That's a recession and those numbers will come out right before people will be making their decision unless they make up their mind based on the letter next to the person's name.
I think I'll stay. I'll continue to exercise my rights to free speech & tell others how evil, destructive & corrupt the DC UNiparty is & how the current resident is a fraud in a dirty diaper.Then move.
Maybe. But the economy shrunk last quarter and they are predicting another 1% to the negative this quarter. That's a recession and those numbers will come out right before people will be making their decision unless they make up their mind based on the letter next to the person's name.
A lot of "ifs"; why not just get it right in the FIRST PLACE.....like Trump did!!!!If we are in a recession but UE does not blow up, will anyone really care?
A lot of "ifs"; why not just get it right in the FIRST PLACE.....like Trump did!!!!
Greg
/——-/ So you agree democRATs intentionally pass bloated bills and then pressure the president to sign it. You’d be fine with the the government shutting down, with federal employees who live pay check to pay check getting kicked out of their homes. You’re cool with starving children and denying old people of their meds.Perhaps you all should elect someone with some backbone and conviction and see if that helps.
/——-/ So you agree democRATs intentionally pass bloated bills and then pressure the president to sign it. You’d be fine with the the government shutting down, with federal employees who live pay check to pay check getting kicked out of their homes. You’re cool with starving children and denying old people of their meds.
So why don’t you fake outraged libs elect congressmen and senators who will pass a balanced budget?
Well, something has to give, doesn't it? Unless the US Gov is just going to pump money into the economy to prop it up which will cause inflation and around and around we go. If the economy is contracting there has to be some consequence to that happening. If I'm an employer and not doing as much business I'm likely not going to keep people on out of the goodness of my heart. Maybe nothing will happen but I'd guess it would be the first time an economy went into a recession and there were no effects felt by most people. Typically that's the less well to do as they have less room for error.If we are in a recession but UE does not blow up, will anyone really care?
To be fair Presidents don't spend money. Congress does. That begins in the house so our budgetary problems would be more aptly laid at the feet of Aunt Nancy.Biden is trying to spend as much as Trump did, but just has not gotten there yet.
Well, something has to give, doesn't it? Unless the US Gov is just going to pump money into the economy to prop it up which will cause inflation and around and around we go.
If I'm an employer and not doing as much business I'm likely not going to keep people on out of the goodness of my heart.
Yeah. something does. The markets will tank for a while, housing market will drop for a while. Inflation should actually go down.
This is an issue if you have an over abundance of employees. But overall this is not the case, most places are still looking for more. Thus if demand for goods and services drop as they normally would in a recession, the outcome might be these places no longer are looking to hire more, but do not really need to fire who they have
We will see. People are going to be crazy upside down on their houses if they built in the last 2 years. Just material costs alone have driven housing prices up beyond what is reasonable
That bubble is going to pop. I dont know if that has the effect it had in 2008 as the reasoning for the burst is certainly different but time will tell on that one.
The stock market tanking is going to have a bigger effect than you're giving it. There are tons of retired folks who are not going to be happy when their 401k's are in the shitter come October. They are already not pleased.
Add in gas prices and food costs... The effects are already out there. Having a job will be a small solace to people still cant make ends meet.
Last I checked, it was not the Republicans who openly supported insane and depraved sexual perversions such as homosexuality, transsexuality, and now pedophilia.
(weird obsessing over my sex life) who is not man enough to do a real man's work, that involves hauling hundreds of pounds of tools to a distant construction site every day, there is no rational reason for anyone to expect that you would understand why a crappy Japanese subcompact isn't a suitable vehicle for many people, or why massively-rising fuel prices are a very real issue for many of us who legitimately need to drive significant distances for work, in vehicles suitable enough to carry our tools and to handle the terrain conditions on a construction site.
You posted a gem:
A lot of people realized that it was better to have one parent stay at home rather than work for a job where your salary barely covered child care. Especially if the parent who kept working saw a raise for staying at work.
I think everyone knows someone who fits that description. And the progressives wanted to give people money to stay home, rather than making after school and day care cheaper. And now it costs more to drive to work.
Clinton got us in one, in fact Bush Jr inherited the Clinton recession.
Obama and the Dems drove us to the edge of a second great depression...the GOP Congress helped get us out of the double digit UE that the Dems gave us
They'd rather chew off their own arms than give the black guy any credit.
Bob doesn't actually understand what "Incel" means.Incels vote 94% republican. Check the mirror.
i am referring to clinton .com bubbleI know a couple that falls into that category. She's now the breadwinner, he's staying at home with their son. Add home businesses into that mix, and you have an economy that is very different than the one we had 10 years ago.
You live in your own fantasy world.
2001 Recession didn't start until Q2 of 2001. That's all Bush.
2008 recession - also Bush, because he let the banksters run amok lying about the value of their assets.