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BIDENOMICS
Jan 25, 2024 14:30:18 GMT -5
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Post by jsd on Jan 25, 2024 14:30:18 GMT -5
GDP continues to grow at an amazing rate. Q4 jumped up another 3.3%. That is a stunning 25% since Biden took office Thanks Joe Those are the first run numbers the revised won't be available for 90 days. They won't be the same.
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Post by biminitwisted on Jan 25, 2024 14:49:10 GMT -5
GDP continues to grow at an amazing rate. Q4 jumped up another 3.3%. That is a stunning 25% since Biden took office Thanks Joe Those are the first run numbers the revised won't be available for 90 days. They won't be the same.
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BIDENOMICS
Jan 25, 2024 15:06:19 GMT -5
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Post by jsd on Jan 25, 2024 15:06:19 GMT -5
Those are the first run numbers the revised won't be available for 90 days. They won't be the same. That was my point. First Run Numbers are usually beefed up bull. When the real numbers come out in 90 days when no one is paying attention they will show the First Run was crap.
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Post by nuevowavo on Jan 25, 2024 15:44:12 GMT -5
That was my point. First Run Numbers are usually beefed up bull. When the real numbers come out in 90 days when no one is paying attention they will show the First Run was crap. 60 days. And sometimes the revisions are up, sometimes down. Very seldom more than 0.2% either way. There are often unusually large downward revisions just before a recession. Recessions are shaded in gray:
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BIDENOMICS
Jan 25, 2024 15:52:02 GMT -5
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Post by jsd on Jan 25, 2024 15:52:02 GMT -5
60 days. And sometimes the revisions are up, sometimes down. Very seldom more than 0.2% either way. There are often unusually large downward revisions just before a recession. Recessions are shaded in gray:
Interesting. Thanks for the chart. Can't wait to see in 60.
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Post by olmucky on Jan 25, 2024 16:17:02 GMT -5
I’m just loving these economic windfall days I’m being told about in the liberal news
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Post by biminitwisted on Jan 25, 2024 16:24:35 GMT -5
I’m just loving these economic windfall days I’m being told about in the liberal news Have a source for your fake prices? Wonder why people have to keep posting lies about something that's easily verifiable with a simple search?
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Post by luapnor on Jan 25, 2024 16:26:05 GMT -5
GDP continues to grow at an amazing rate. Q4 jumped up another 3.3%. That is a stunning 25% since Biden took office Thanks Joe How much is government input?
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Post by biminitwisted on Jan 25, 2024 16:32:52 GMT -5
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BIDENOMICS
Jan 25, 2024 22:23:16 GMT -5
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Post by tonyroma on Jan 25, 2024 22:23:16 GMT -5
Have you seen the price of ranch dressing!!!
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BIDENOMICS
Jan 25, 2024 23:43:47 GMT -5
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Post by olmucky on Jan 25, 2024 23:43:47 GMT -5
Nope I’ve bought them every other week for 10+ years. That same grapefruit was 3 $5 a couple years ago $1.89 6-9 mos ago Then it went to $1.99 And now my internet fact finder friend $2.49
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Post by biminitwisted on Jan 26, 2024 0:21:33 GMT -5
Nope I’ve bought them every other week for 10+ years. That same grapefruit was 3 $5 a couple years ago $1.89 6-9 mos ago Then it went to $1.99 And now my internet fact finder friend $2.49 Kroger® Red Grapefruit Bag8 lbUPC: 0001111018196 Purchase Options Located in PRODUCE 12050 Highway 92 Ste 112 Woodstock, GA $8.99
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Post by biminitwisted on Jan 26, 2024 0:25:16 GMT -5
$1.18 Each @ Walmart
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Post by biminitwisted on Jan 26, 2024 0:27:41 GMT -5
Target Red Grapefruit - 5lb Bag
$6.29
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Post by biminitwisted on Jan 26, 2024 0:29:02 GMT -5
Target Red Grapefruit - each
$1.29 at Roswell
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Post by biminitwisted on Jan 26, 2024 0:52:07 GMT -5
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Post by cadman on Jan 26, 2024 8:35:46 GMT -5
Nope I’ve bought them every other week for 10+ years. That same grapefruit was 3 $5 a couple years ago $1.89 6-9 mos ago Then it went to $1.99 And now my internet fact finder friend $2.49 Organic stuff is priced high. Does that sign say a product of south Africa? What store is it?
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Post by luapnor on Jan 26, 2024 8:38:38 GMT -5
LNG export ban, this should end well.
The next idiocy will be telling you that growing food at home causes more carbon than buying it at the grocery store. The carbon idiots are going to kill us
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BIDENOMICS
Jan 26, 2024 10:22:17 GMT -5
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Post by jsd on Jan 26, 2024 10:22:17 GMT -5
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Post by nuevowavo on Jan 26, 2024 13:50:08 GMT -5
GDP continues to grow at an amazing rate. Q4 jumped up another 3.3%. That is a stunning 25% since Biden took office Thanks Joe How much is government input?
Federal spending was up 2.5% State and local up 3.7%
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BIDENOMICS
Jan 27, 2024 11:15:19 GMT -5
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Post by walkerdog on Jan 27, 2024 11:15:19 GMT -5
GDP continues to grow at an amazing rate. Q4 jumped up another 3.3%. That is a stunning 25% since Biden took office Thanks Joe Thanks for telling us half the story and giving us no context. You seem easily duped.
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Post by bottom feeder on Jan 28, 2024 16:32:13 GMT -5
The GDP is being propped up by excessive government spending which has kept us out of recession but increased the national debt,
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Post by luapnor on Jan 28, 2024 21:39:38 GMT -5
The GDP is being propped up by excessive government spending which has kept us out of recession but increased the national debt, $1 of gdp increase for $1.55 of new federal debt. Seems anymore gdp is just a measure of how fast we are turning soviet...
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Post by biminitwisted on Jan 29, 2024 17:17:04 GMT -5
Both the S&P 500 and the Dow Jones hit record highs again today.
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Post by luapnor on Jan 29, 2024 18:14:22 GMT -5
Why arent they higher with the Trillions in debt pumped into the economy??
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Post by Tarponator on Jan 29, 2024 18:17:26 GMT -5
Best economy evvah, amiright?
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Post by biminitwisted on Jan 30, 2024 1:17:07 GMT -5
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Post by johngalt on Jan 30, 2024 8:54:55 GMT -5
Both the S&P 500 and the Dow Jones hit record highs again today. So what? It’s the top seven companies that are propping it up. Along with government spending and hiring.
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Post by jsd on Jan 30, 2024 9:24:59 GMT -5
Good response. First off, mutual funds (what you are really talking about when you say, "401K") are mostly growing somewhere around 9% to 11% per annum. When compared with real inflation (including luxuries like food, gasoline, utilities, and clothes) that 9-11% is real value net loss of anywhere from 3% to 8% in just the last year. That doesn't count the major hit taken in the real value of the dollar in 2021, nor the net value losses in 2022.
Then you ay "unemployment is low." That is only true if you use the lies told by the Bureau of Labor Statistics when they manipulate the data. They are so blatant in their lies that they publish the data and tell you how they are lying! If, instead of the artificial calculations offered by the bureaucrats, you used the data they provide - without manipulation - it is pretty obvious.
The BLS says 157,232,000 people were working last month. What they DON'T say (but do list in their tables) is that 22,458,000 of those people had PART TIME jobs, and at least half of those P/T workers couldn't get full time jobs. The BLS neglects to point out that 23,003,000 of the Full time jobs were government. Nor do they advertise that only 60.3% of healthy adult Americans younger than retirement age were working at all (either full or part time).
That 60.3% labor participation rate is hovering around the lowest since records were kept. To say unemployment is low is just not true. It is also disingenuous to say that if you want a job, you can get a job. According to BLS over 20 Million people are working P/T because they could not find ANY full time job.
The "Median weekly earnings of the nation's 120.8 million full-time wage and salary workers were $1,145 in the fourth quarter of 2023" according to BLS last week. Even if an American worker is lucky enough to have a full time job, $4,500 a month only goes about 75% as far as it did in 2020. That's like a $1,000 a month pay cut and Bidenomics ain't done yet!
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Post by biminitwisted on Jan 30, 2024 12:51:05 GMT -5
Both the S&P 500 and the Dow Jones hit record highs again today. So what? It’s the top seven companies that are propping it up. Along with government spending and hiring. Take it up with Trump. According to him it's his stock market after all .
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