Trump to address the nation tonight: Timing, what to expect

[buckeye]

I don’t know what the worst inflation in the last 48 years was but I do know it was higher than 3%.

Because you're afraid it was under Biden, which my guess is IT WAS.

Yes, it was around 3% when Trump took office but AGAIN, you are not acknowledging that the problem was very stubborn and was caused by the idiocy of the democrats and some republicans and the politicized Jerome Powell.

There's a good reason why we avoid inflation, it's very difficult to reverse. Biden, Powell and the democrats caused this and have NEVER admitted what a stubborn and hurtful mess they made.

About that Trump is 1000% correct.

 

[buckeye]

The irony of you making this post in response to the false statement that rents are down is not lost on the gallery.

I don't believe either of you until you produce links to prove it. Something you seem averse to doing.

And you represent the gallery as much as I do. Now get busy and prove your words.

 

[Marener]

Your words were "manufacturing is down". Now you move the goal posts.

Please admit that you were wrong and manufacturing is absolutely up.

I should have been more specific, but why did you assume I was referring to manufacturing productivity? The only reason right wingers are so obsessed with manufacturing is for the jobs which are down.

Can you admit that manufacturing jobs are down?

Wrong again, according to your own link. It's due Jan 26, 2026. Do you ever get anything right????

This is what the link says:
BEA will release two estimates of third-quarter GDP, instead of the usual three estimates over three months:

• The advance estimate of third-quarter GDP, originally scheduled during October, was canceled.
• Dec. 23: Initial estimate of third-quarter GDP, including the preliminary estimate of corporate profits (replaces the typical advance and second estimates).
• Jan. 22: Updated estimate (replaces the typical third estimate).

The first estimate of Q3 GDP will come out Dec 23rd. The revision is coming out in January.

Have you ever heard of estimates?

https://www.atlantafed.org/-/media/documents/cqer/researchcq/gdpnow/RealGDPTrackingSlides.pdf

Yes, I’ve heard of estimates. GDPnow is not and doesn’t purport to be a replacement for the official report.

Sorry, I don't believe you. You get everything wrong. I'm tired of correcting you. You prove to me that GDP growth is less in 2025 than 2024 with reputable links.

Lots of different ways to look at it. Here’s one.

GDP grew 0.7% in the first two quarters of 2025. It grew 1.2% in the last two quarters of 2025.

Real Gross Domestic Product

View the annual rate of economic output, or the inflation-adjusted value of all new goods and services produced by labor and property located in the U.S.

fred.stlouisfed.org

which has exactly nothing to do with what you said. You said "Wages are stagnant", you dishonest idiot.

Leftists are the most uninformed, dishonest people I meet. You're a great example, loser.

In my opinion, wage growth of 0.5% over inflation is pretty stagnant. Are you impressed by that figure? With a weak labor market, there’s not going to be much pressure to increase wages.

 

[Norm Paperman]

Because you're afraid it was under Biden, which my guess is IT WAS.

Yes, it was around 3% when Trump took office but AGAIN, you are not acknowledging that the problem was very stubborn and was caused by the idiocy of the democrats and some republicans and the politicized Jerome Powell.

There's a good reason why we avoid inflation, it's very difficult to reverse. Biden, Powell and the democrats caused this and have NEVER admitted what a mess they made. About that Trump is 1000% correct.

Thank you for making my prediction come true.

 

[Marener]

Rents are also down, as well as gasoline prices.

I looked at the inflation data and it shows rents aren’t down.

Gas is down.

 

[Norm Paperman]

I don't believe either of you until you produce links to prove it. Something you seem averse to doing.

And you represent the gallery as much as I do. Now get busy and prove your words.

Average Rent by Year

Find average rent by year nationwide, by square foot, and by state, as well as rent-to-income rates and rent inflation by year.

ipropertymanagement.com

 

[Marener]

It's not just the number. It's the cause and length of the problem. Biden, Powell and the democrats caused a huge problem.

Now answer my questions if you expect any answers from me.

Did Biden come into power with 9% inflation?

What was the worst inflation in the last 48 years?

I predict you'll run away.

You never did answer his question.

 

[Norm Paperman]

I looked at the inflation data and it shows rents aren’t down.

Gas is down.

Rent is not down.

Rent never goes down

 

[Marener]

Rent is not down.

Rent never goes down

It could, I suppose. I wouldn’t rule it entirely out.

That said, they’re probably going off of cherry picked media reports. Something along the lines of “rent is down in San Francisco”, and generalizing it. They’re very motivated to believe what Trump wants them to believe and don’t think logically.

 

[Norm Paperman]

It could, I suppose. I wouldn’t rule it entirely out.

That said, they’re probably going off of cherry picked media reports. Something along the lines of “rent is down in San Francisco”, and generalizing it. They’re very motivated to believe what Trump wants them to believe and don’t think logically.

The link I posted above has average rent price since 2000. Not once did it go down

 

[Norm Paperman]

It could, I suppose. I wouldn’t rule it entirely out.

That said, they’re probably going off of cherry picked media reports. Something along the lines of “rent is down in San Francisco”, and generalizing it. They’re very motivated to believe what Trump wants them to believe and don’t think logically.

They have to believe what Trump tells them or their entire world would come crashing down on them.

It is a bad place to be.

 

[braalian]

The link I posted above has average rent price since 2000. Not once did it go down

Average rent in SF is only $2k?

Gotta be higher than that

 

[buckeye]

I should have been more specific, but why did you assume I was referring to manufacturing productivity? The only reason right wingers are so obsessed with manufacturing is for the jobs which are down.

I'd ditch trying to understand what right wingers think. YOU'RE WRONG AGAIN. I am a right winger and I want manufacturing back here in the states first, the jobs will eventually follow. That productivity is up is promising. Manufacturing contracted under the Autopen at least the last two years. It looks like it will be up in 2025, thank you Donald Trump.

And rationalizing your lies lacks class and integrity. You were wrong, admit it.

Manufacturers are optimistic for 2025, even after a down year | Federal Reserve Bank of Minneapolis

2024 Manufacturing Survey

www.minneapolisfed.org

The first estimate of Q3 GDP will come out Dec 23rd. The revision is coming out in January.

You are correct and I apologize.

See how easy that is. Why can't you do that?

I know, I know, because you're a leftist and it comes with the territory.

Done with you, you make way too many mistakes and you're dishonest as heck.

GDPnow is not and doesn’t purport to be a replacement for the official report.

I never said it did.

GDP grew 0.7% in the first two quarters of 2025. It grew 1.2% in the last two quarters of 2025.

This is just ridiculous. You're wrong again. And here's a tip. You want me to use your links, copy and paste what's relevant.

You just got through telling me that Q3 won't be out until next week and now you tell me that you know what Q3 and Q4 are. Maybe you need a nap.

Gross Domestic Product, 2nd Quarter 2025 (Third Estimate), GDP by Industry, Corporate Profits (Revised), and Annual Update | U.S. Bureau of Economic Analysis (BEA)

Real gross domestic product (GDP) increased at an annual rate of 3.8 percent in the second quarter of 2025 (April, May, and June), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP decreased 0.6 percent (revised).

www.bea.gov

WRONG AGAIN.

 

[HikerGuy83]

The irony of you making this post in response to the false statement that rents are down is not lost on the gallery.

You speak for the gallery?

Since when?

 

[martybegan]

When Trump took office average rent was $1535. It is now $1650.

Where?

 

[Marener]

I'd ditch trying to understand what right wingers think. YOU'RE WRONG AGAIN. I am a right winger and I want manufacturing back here in the states first, the jobs will eventually follow. That productivity is up is promising. Manufacturing contracted under the Autopen at least the last two years. It looks like it will be up in 2025, thank you Donald Trump.

Productivity being up doesn’t mean much. Your hopes and dreams about manufacturing jobs doesn’t mean anything. The fact remains that we are down 50k manufacturing jobs this year.

And rationalizing your lies lacks class and integrity. You were wrong, admit it.

Manufacturers are optimistic for 2025, even after a down year | Federal Reserve Bank of Minneapolis

2024 Manufacturing Survey

www.minneapolisfed.org

More hopes and dreams.

You are correct and I apologize.

See how easy that is. Why can't you do that?

I know, I know, because you're a leftist and it comes with the territory.

Done with you, you make way too many mistakes and you're dishonest as heck.

You’re very angry. When I get things wrong, I’m okay with admitting it.

I never said it did.

Except you’re referring to it when talking about GDP growth.

This is just ridiculous. You're wrong again. And here's a tip. You want me to use your links, copy and paste what's relevant.

You just got through telling me that Q3 won't be out until next week and now you tell me that you know what Q3 and Q4 are. Maybe you need a nap.

Gross Domestic Product, 2nd Quarter 2025 (Third Estimate), GDP by Industry, Corporate Profits (Revised), and Annual Update | U.S. Bureau of Economic Analysis (BEA)

Real gross domestic product (GDP) increased at an annual rate of 3.8 percent in the second quarter of 2025 (April, May, and June), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP decreased 0.6 percent (revised).

www.bea.gov

WRONG AGAIN.

I made a typo. Let me retype it.

GDP grew 0.7% in the first two quarters of 2025. It grew 1.2% in the last two quarters of 2024.

Sorry for the typo.

 

[Norm Paperman]

Where?

Do you know what a national average means?

 

[martybegan]

I looked at the inflation data and it shows rents aren’t down.

Gas is down.

This week

Rents Pull Back and Concessions Rise, Offering Renters Winter Leverage (November Rental Report)

Back in March

https://www.realtor.com/news/trends...ion/?msockid=2285951a9788601200f5839c96916122

 

[martybegan]

Do you know what a national average means?

With no backup as usual. Meanwhile I linked two articles in another response.

 

[Marener]

This week

Rents Pull Back and Concessions Rise, Offering Renters Winter Leverage (November Rental Report)

Back in March

https://www.realtor.com/news/trends...ion/?msockid=2285951a9788601200f5839c96916122

The article shows that rents go down every winter. You could have claimed the exact same thing this time last year.

This is weak even for you.