Vambo Posted December 4, 2023 Author Report Share Posted December 4, 2023 2 hours ago, cccjwh said: 'ABSOLUTE MESS' Biden's hometown roars against 'Bidenomics' with unfiltered outcry: It's 'hysterical' Quote Link to comment Share on other sites More sharing options...
Vambo Posted December 4, 2023 Author Report Share Posted December 4, 2023 Democrats abandon 'Bidenomics' messaging with voters feeling sour on economy Quote Link to comment Share on other sites More sharing options...
Jax Posted December 4, 2023 Report Share Posted December 4, 2023 6 hours ago, cccjwh said: Damn dude, even Biden stopped talking about Bidenomics cause it's horseshit. Quote Link to comment Share on other sites More sharing options...
cccjwh Posted December 4, 2023 Report Share Posted December 4, 2023 1 hour ago, Jax said: Damn dude, even Biden stopped talking about Bidenomics cause it's horseshit. I know how you feel. I'm just going by the numbers. You also felt there was going to be a terrible recession. Your feelings don't mean much. Hey hopefully you guys can shut down the government, that may cool down the economy. Maybe... The U.S. economy is doing even better than the government thought - CBS News The increase in the third quarter primarily reflected increases in consumer spending and inventory investment. Consumer spending, the lifeblood of the economy, rose at a 3.6% annual rate from July through September — still healthy but a downgrade from the previous estimate of 4%. Private investment surged at a 10.5% annual pace, including a 6.2% increase in housing investment, which defied higher mortgage rates. The economy also received a lift from companies building inventories in anticipation of future sales, which added 1.4 percentage points to quarterly growth. Also driving the third quarter growth was an uptick in spending and investment by governments at all levels — federal, state and local. The U.S. economy, the world's largest, has proved resilient even as the Federal Reserve has raised its benchmark interest rate 11 times since March 2022 to fight the worst bout of inflation in four decades. Those higher interest rates have significantly increased consumer and business borrowing costs. But they have also helped ease inflationary pressures: Consumer prices rose 3.2% last month from 12 months earlier, a marked improvement from the 9.1% year-over-year inflation recorded in June 2022. "Given the positive economic backdrop, we believe the market will rally until the end of the year and we should have a good start to 2024 – the exact opposite of what many believed as recently as this summer," Chris Zaccarelli, Chief Investment Officer for Independent Advisor Alliance, said in an email. Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted December 4, 2023 Report Share Posted December 4, 2023 15 minutes ago, cccjwh said: I know how you feel. I'm just going by the numbers. Hey hopefully you guys can shut down the government, that may cool down the economy. Maybe... The U.S. economy is doing even better than the government thought - CBS News The increase in the third quarter primarily reflected increases in consumer spending and inventory investment. Consumer spending, the lifeblood of the economy, rose at a 3.6% annual rate from July through September — still healthy but a downgrade from the previous estimate of 4%. Private investment surged at a 10.5% annual pace, including a 6.2% increase in housing investment, which defied higher mortgage rates. The economy also received a lift from companies building inventories in anticipation of future sales, which added 1.4 percentage points to quarterly growth. Also driving the third quarter growth was an uptick in spending and investment by governments at all levels — federal, state and local. The U.S. economy, the world's largest, has proved resilient even as the Federal Reserve has raised its benchmark interest rate 11 times since March 2022 to fight the worst bout of inflation in four decades. Those higher interest rates have significantly increased consumer and business borrowing costs. But they have also helped ease inflationary pressures: Consumer prices rose 3.2% last month from 12 months earlier, a marked improvement from the 9.1% year-over-year inflation recorded in June 2022. "Given the positive economic backdrop, we believe the market will rally until the end of the year and we should have a good start to 2024 – the exact opposite of what many believed as recently as this summer," Chris Zaccarelli, Chief Investment Officer for Independent Advisor Alliance, said in an email. They should shut down the government but they are pussies and won't. It's actually meaningless in the first place and far less dangerous that allowing wasteful spending to reach even more destructive levels. But people are stupid and I guess they are fair game for the Democrats. "You go to the doctor you weigh 220 lb. He says you really need to lose weight. You go back a year later you weigh 230 lb. He tells you how dangerous that is. You go back in another year you weigh 223 lb. You are still gaining weight as opposed to the doctor's orders, just at a somewhat slower pace. So now you and Jared from Subway have only got that one thing in common. Nice work. WSS Quote Link to comment Share on other sites More sharing options...
cccjwh Posted December 4, 2023 Report Share Posted December 4, 2023 4 minutes ago, Westside Steve said: They should shut down the government but they are pussies and won't. It's actually meaningless in the first place and far less dangerous that allowing wasteful spending to reach even more dangerous levels. But people are stupid and I guess they are fair game for the Democrats. "You go to the doctor you weigh 220 lb. He says you need to lose weight. You go back a year later you weigh 230 lb. He tells you how dangerous that is. You go back in another year you weigh 223 lb. You are still gaining weight as opposed to the doctor's orders just at a somewhat slower pace. So now you and Jared from Subway have only got that one thing in common. Nice work. WSS You could do the GOP plan and just stop eating completely and be dead and a couple of months. But Cheeto's party doesn't care about the debt. He added 7.8 trillion to it and they were happy to sign the bills. Those tax cuts are going to cost trillions more. But hey a bunch of companies were able to do stock buy backs and executives got some big bonuses. Quote Link to comment Share on other sites More sharing options...
Jax Posted December 4, 2023 Report Share Posted December 4, 2023 Quote me on when I stated anything about a recession. "I know how you feel. I'm just going by the numbers. You also felt there was going to be a terrible recession. Your feelings don't mean much. Hey hopefully you guys can shut down the government, that may cool down the economy. Maybe... " Quote Link to comment Share on other sites More sharing options...
Vambo Posted December 5, 2023 Author Report Share Posted December 5, 2023 6 hours ago, cccjwh said: You could do the GOP plan and just stop eating completely and be dead and a couple of months. But Cheeto's party doesn't care about the debt. He added 7.8 trillion to it and they were happy to sign the bills. Those tax cuts are going to cost trillions more. But hey a bunch of companies were able to do stock buy backs and executives got some big bonuses. 'KICKED' OFF FIRST ON FOX Biden's border policy under fire as military families cancel hotel stays before Army-Navy game Biden impeachment inquiry push intensifies as Hunter's 'shady' money trail unravels 1 Quote Link to comment Share on other sites More sharing options...
Vambo Posted December 5, 2023 Author Report Share Posted December 5, 2023 3 Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted December 5, 2023 Report Share Posted December 5, 2023 13 hours ago, cccjwh said: You could do the GOP plan and just stop eating completely and be dead and a couple of months. But Cheeto's party doesn't care about the debt. He added 7.8 trillion to it and they were happy to sign the bills. Those tax cuts are going to cost trillions more. But hey a bunch of companies were able to do stock buy backs and executives got some big bonuses. And executive salaries and bonuses are completely meaningless. Just a talking point for some fools who think Marx wason the right track. Spending limits for voted in for a reason. There's absolutely no program that couldn't be trimmed by two or three percent. The rest is pretend hyperventilation. WSS Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted December 5, 2023 Report Share Posted December 5, 2023 Quote Link to comment Share on other sites More sharing options...
cccjwh Posted December 5, 2023 Report Share Posted December 5, 2023 4 hours ago, Westside Steve said: And executive salaries and bonuses are completely meaningless. Just a talking point for some fools who think Marx wason the right track. Spending limits for voted in for a reason. There's absolutely no program that couldn't be trimmed by two or three percent. The rest is pretend hyperventilation. WSS Spending cut by themselves have zero chance of making a meaningful dent in the debt. GOP aren't allowed to raise taxes, so they have zero chance of doing anything about the debt. Quote Link to comment Share on other sites More sharing options...
cccjwh Posted December 5, 2023 Report Share Posted December 5, 2023 17 hours ago, Jax said: Quote me on when I stated anything about a recession. "I know how you feel. I'm just going by the numbers. You also felt there was going to be a terrible recession. Your feelings don't mean much. Hey hopefully you guys can shut down the government, that may cool down the economy. Maybe... " I'm sorry didn't most of your right-wing media tell everyone that would listen that there was going to be a painful recession. Some more selective memory. Not recession. Recession’s a nice word. We’re going to have a much bigger problem than recession. We’ll have a depression. -Cheetos Jesus July 2022 https://www.foxbusiness.com/economy/us-economy-headed-recession-mid-2023-majority-economists-say The overwhelming majority of economists expects the economy to tumble into a recession next year as a result of the Federal Reserve's war on inflation, according to a new survey. https://nypost.com/2022/10/17/us-recession-forecast-hits-100-as-inflation-rages-midterms-loom/ The US economy falling into recession within the next 12 months is a virtual certainty, according to the latest Bloomberg Economics forecast model released on Monday. The dire projection surfaced just weeks before national midterm elections that will determine control of Congress. Just one week ago, an embattled President Biden insisted a recession was unlikely and said any downturn would be “very slight” if it does occur. Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted December 5, 2023 Report Share Posted December 5, 2023 25 minutes ago, cccjwh said: Spending cut by themselves have zero chance of making a meaningful dent in the debt. GOP aren't allowed to raise taxes, so they have zero chance of doing anything about the debt. Spending cuts stop a shut down the government at a very small cost thereby eliminating any false claims of impending disaster. And kicking the debt ceiling can down the road certainly raises the threat of depression. And again both sides are pussies for not shutting down the government and/or cutting the budget by the few percent necessary. WSS Quote Link to comment Share on other sites More sharing options...
Jax Posted December 5, 2023 Report Share Posted December 5, 2023 4 hours ago, cccjwh said: I'm sorry didn't most of your right-wing media tell everyone that would listen that there was going to be a painful recession. Some more selective memory. Not recession. Recession’s a nice word. We’re going to have a much bigger problem than recession. We’ll have a depression. -Cheetos Jesus July 2022 https://www.foxbusiness.com/economy/us-economy-headed-recession-mid-2023-majority-economists-say The overwhelming majority of economists expects the economy to tumble into a recession next year as a result of the Federal Reserve's war on inflation, according to a new survey. https://nypost.com/2022/10/17/us-recession-forecast-hits-100-as-inflation-rages-midterms-loom/ The US economy falling into recession within the next 12 months is a virtual certainty, according to the latest Bloomberg Economics forecast model released on Monday. The dire projection surfaced just weeks before national midterm elections that will determine control of Congress. Just one week ago, an embattled President Biden insisted a recession was unlikely and said any downturn would be “very slight” if it does occur. You are dumb. Don't quote me and say I said recession. 1 Quote Link to comment Share on other sites More sharing options...
cccjwh Posted December 5, 2023 Report Share Posted December 5, 2023 24 minutes ago, Jax said: You are dumb. Don't quote me and say I said recession. What if I do? Are you going to cry? Hey cheer up. Looks like it going to be a soft landing. Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted December 5, 2023 Report Share Posted December 5, 2023 57 minutes ago, cccjwh said: What if I do? Are you going to cry? Hey cheer up. Looks like it going to be a soft landing. If you do? Well let's just say that it won't really lessen anybody's respect for you. 🤔 WSS Quote Link to comment Share on other sites More sharing options...
cccjwh Posted December 5, 2023 Report Share Posted December 5, 2023 30 minutes ago, Westside Steve said: If you do? Well let's just say that it won't really lessen anybody's respect for you. 🤔 WSS Why would anyone care about having the "respect" of a bunch of nut jobs? Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted December 5, 2023 Report Share Posted December 5, 2023 55 minutes ago, cccjwh said: Why would anyone care about having the "respect" of a bunch of nut jobs? No idea. It's not like the conservatives/adults/real Americans aren't seeking you out. On the contrary. WSS Quote Link to comment Share on other sites More sharing options...
DieHardBrownsFan1 Posted December 6, 2023 Report Share Posted December 6, 2023 1 hour ago, cccjwh said: Why would anyone care about having the "respect" of a bunch of nut jobs? 1 Quote Link to comment Share on other sites More sharing options...
FY56 Posted December 6, 2023 Report Share Posted December 6, 2023 3 hours ago, cccjwh said: What if I do? Are you going to cry? Hey cheer up. Looks like it going to be a soft landing. No one's gonna cry. All he did was ask you not to misquote him, but you apparently are OK with doing so. And you wonder why no one takes you liberal nut jobs seriously. Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted December 6, 2023 Report Share Posted December 6, 2023 3 hours ago, cccjwh said: Looks like it going to be a soft landing. Didn’t Dementia Joe and Janet Yellen preach to us back in 2020 that the inflation was “transitory”? 🤣😂🤡 Yeah…that aged well. Quote Link to comment Share on other sites More sharing options...
FY56 Posted December 6, 2023 Report Share Posted December 6, 2023 2 hours ago, cccjwh said: Why would anyone care about having the "respect" of a bunch of nut jobs? Do you know the meaning of placing quotation marks around a word in the manner you did? It means "so called" or "alleged". So you are right to doubt anyone has respect for you. You suck Bidens balls. 1 Quote Link to comment Share on other sites More sharing options...
Vambo Posted December 6, 2023 Author Report Share Posted December 6, 2023 4 hours ago, cccjwh said: What if I do? Are you going to cry? Hey cheer up. Looks like it going to be a soft landing. Republicans unite to hold up Biden's $106B Ukraine request over border crisis Quote Link to comment Share on other sites More sharing options...
Jax Posted December 6, 2023 Report Share Posted December 6, 2023 6 hours ago, cccjwh said: What if I do? Are you going to cry? Hey cheer up. Looks like it going to be a soft landing. If you do it flat out makes you a liar and discredits anything you ever type. Not that what you type has much credit anyways. So what exactly is going to be a soft landing?? This high inflation Biden created? So someone had to work at lessening the damage he and his administration did? Hey brain washed, it didn't come free for the American people. 2 Quote Link to comment Share on other sites More sharing options...
Canton Dawg Posted December 6, 2023 Report Share Posted December 6, 2023 1 Quote Link to comment Share on other sites More sharing options...
Vambo Posted December 6, 2023 Author Report Share Posted December 6, 2023 Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted December 6, 2023 Report Share Posted December 6, 2023 It's nice to have ccc on ignore - I don't miss one legit point - ccc never makes any. https://www.usinflationcalculator.com/inflation/current-inflation-rates/ Quote Link to comment Share on other sites More sharing options...
cccjwh Posted December 6, 2023 Report Share Posted December 6, 2023 16 hours ago, Westside Steve said: No idea. It's not like the conservatives/adults/real Americans aren't seeking you out. On the contrary. WSS The ones that tried to destroy our democracy are the "real" Americans. 😆 Quote Link to comment Share on other sites More sharing options...
Westside Steve Posted December 6, 2023 Report Share Posted December 6, 2023 19 minutes ago, cccjwh said: The ones that tried to destroy our democracy are the "real" Americans. 😆 Asking that a vote be recertified is hardly destroying democracy, as a matter of fact it's about the most democratic thing anybody could think of. WSS (I maybe should have used the term non assholes?) Quote Link to comment Share on other sites More sharing options...
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