Is the Democrat Economy in Recession?

Thank you.

The sage answer to the platform of Kamala:

Argentina President Javier Milei:

“If printing money would end poverty, printing diplomas would end stupidity.”

He probably wasn’t referring directly to her, but it indeed applies…

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IF it was soooooo great… why are they proposing to “Fix” it all on “Day One”?

Well?

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After ignoring it for over 1300 days…and counting?

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Exactly!

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The real October surprise.

One million jobs are about to disappear.

No, seriously, they are about to release finalized jobs data on Wednesday, and it’s going to show somewhere between 600,000 and 1,000,000 less jobs created than previously thought.

Not good for Harris. :thinking:

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Nope but if you keep hoping and wishing and praying…

:roll_eyes:

One Million LESS JOBS than they lied about and said they created.

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Fundamentally transformed. :wink:

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I really wish people knew what the word “lied” actually means. This is part of the normal revision and updating process that happens every year. Is it higher than normal? Yes. That doesn’t make the previous reports lies. They put out reports based on the information they have. When they get additional information they update it. That’s not lying. Lying would be if they found additional information and didn’t update it. See the difference?

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Uh-huh… It has never been revised down so often and so far till the latest occupant of the white house was in office. See the difference?

They was off by a MILLION? Nope, not buying it!

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So 2nd quarter GDP revised upwards to 3 percent. That’s good news.

So with this revision upwards, will some of the posters here who think revisions are lies care to weigh in? Did the Bureau of Economic analysis lie in the first estimate to .ale everyone thin the economy wasn’t doing as well as it actually was? I’m curious on certain posters take on this. :grinning:

GDP is not a good indicator of anything related to anything. It’s just some random number :upside_down_face:

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and it rigged anyway. everyone knows the real number is down 1 million percent. and unemplyment is 200%

and according to a trump quote today minneapolis has been burnt down and is in rubble

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Same as I said last time and the time before and the time before.
GDP is measured by money spent (primarily consumption spending) regardless of where that money came from.

Right now the GDP looks good on paper because the GDP ignores the fact that we are still spending out of that great big pallet of helicopter money printed during the pandemic.
It will likely continue until “the money supply” returns to its normal range, (45-60% of GDI.)

  • One farmer’s family eats corn because their fields are productive.
  • The other farm family? Well their field are sick and they eat corn out of an old UNICEF truck that pulled up a while ago.

Measured by “how much corn did they eat” the two are the same, but we both know one of them is in trouble and one is not.

Speaking of trouble the real estate market is in big trouble:

:rotating_light:WORST LEVEL EVER!!:rotating_light:
US pending home sales are lower than during the housing crisis
and lower than . . .

checks notes

when the entire country was shut down, including many banks, lenders, appraisers, realtors, and closing companies etc. , we had 13% unemployment and everyone thought they were going to die.

And then of course there is the whole banking/insurance sector.

Whichever gets in trump or kamala they have a huge governement spending problem on their hands. Its not sustainable. Kamala wants to run businesses communist style so we know she isnt the man for the job. She is clueless to put it nicely

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This is 100% true and neither are likely to address it.
Both are likely to make the spending problem worse.

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