Economics Thread

[sturg33]

The FED has been hiking rates like crazy and hasn't made a dent in inflation

do they keep going or pivot?

both options are catastrophic

[thethe]

I can't believe I once thought this guy was intelligent.

[sturg33]

I can't believe I once thought this guy was intelligent.

these are the days he tends to disappear

[thethe]

I still believe at one point he was an actual thinker but like so many on the the left the mind virus corrupted him.

SAD

[thethe]

Never forget everyone - This is all happening because the globalists stole the 2020 election.

You all know it.

[thethe]

Also don't forget that the 'great one' Mitch McConnel helped this corrupt regime and gave them more cash when asked.

If anyone wonders how much traditional republicans actually care about the american people.

[thethe]

Thank God there weren't any mean tweets this morning amirite?

[nsacpi]

[sturg33]

lol.

[chop2chip]

I’m legit curious what you are implying here.

[sturg33]

I’m legit curious what you are implying here.

Gdp numbers headline were positive this morning for q3

[sturg33]

But of course, if the lecturer believes the economy is strong, that makes it a certainty that it is not.

I help

[nsacpi]

I dont think I said the economy was strong. But I also didnt make the claim the economy was in a recession during a period when job creation was over 400,000 per month. That takes a special kind of intelligence and insight.

[Tapate50]

Job creation?

Surely you jest.

[sturg33]

I dont think I said the economy was strong. But I also didnt make the claim the economy was in a recession during a period when job creation was over 400,000 per month. That takes a special kind of intelligence and insight.

An order of events:

- Pre Q2 economic repot: 2 consecutive qtrs of contractions was a recession

- Pre Q2 economic report: nscapi - who is wrong about literally everything - predicts that Q2 report will be positive

- Q2 report was negative

- Post Q2 report: the regime changes the definition of recession

[thethe]

Capture this celebrating. Next two gdp prints are going to be awful.

[thethe]

Job creation?

Surely you jest.

It’s all too much.

[sturg33]

Job creation?

Surely you jest.

He's an academic.

He believes hiring someone to dig a hole and hiring someone to fill it back in is creating two jobs

[chop2chip]

Gdp numbers headline were positive this morning for q3

Oh those matter now?

[sturg33]

Oh those matters now?

Depends on the update definition of "matter"