Sounds like a miserable life to me. The sun is shining. The grass is greenish brown. The sky is blue. Overall it's a damned good day.
Recession is Coming
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Last: 1 yr ago by Golem
— Dave (@DavidKapur) June 22, 2022
You'll have nothing, and be happy. https://t.co/GFQUHUqoNU
— Stephen L. Miller (@redsteeze) June 23, 2022
Hardship is character building.Cobretti said:You'll have nothing, and be happy. https://t.co/GFQUHUqoNU
— Stephen L. Miller (@redsteeze) June 23, 2022
Next, let's go for a war on our own soil. That could really set us straight for 2-3 generations.
Probably flush out the pronoun mess, though.
If that wasn't 100% accurate it would be funny.
Women would shun soy-boys in even greater numbers.Robert Wilson said:Hardship is character building.Cobretti said:You'll have nothing, and be happy. https://t.co/GFQUHUqoNU
— Stephen L. Miller (@redsteeze) June 23, 2022
Next, let's go for a war on our own soil. That could really set us straight for 2-3 generations.
Probably flush out the pronoun mess, though.
Fed's Daly: 75 bps rate hike likely needed in July https://t.co/HGEfEFNdsZ pic.twitter.com/y5iaagUS3d
— Reuters (@Reuters) June 25, 2022
Cobretti said:Fed's Daly: 75 bps rate hike likely needed in July https://t.co/HGEfEFNdsZ pic.twitter.com/y5iaagUS3d
— Reuters (@Reuters) June 25, 2022
“Mix a little foolishness with your serious plans. It is lovely to be silly at the right moment.”
–Horace
“Insomnia sharpens your math skills because you spend all night calculating how much sleep you’ll get if you’re able to ‘fall asleep right now.’ “
–Horace
“Insomnia sharpens your math skills because you spend all night calculating how much sleep you’ll get if you’re able to ‘fall asleep right now.’ “
They probably needed more like 3 points when they started at .25.
I think you'll see .75 in Q3 and another .75 and maybe even 1.0 in Q4.
You can creep it up forever or just pull the bandaid off and be done.
I think you'll see .75 in Q3 and another .75 and maybe even 1.0 in Q4.
You can creep it up forever or just pull the bandaid off and be done.
nein51 said:
They probably needed more like 3 points when they started at .25.
I think you'll see .75 in Q3 and another .75 and maybe even 1.0 in Q4.
You can creep it up forever or just pull the bandaid off and be done.
Well I hope the cost of going after Trump.and destroying our economy was worth it to the Dems. Getting rid of those tweets had and his hyperbole had to happen were embarrassing and destroying our nation. So glad our current Administration is not embarrassing. (Enter giggles and Biden reading a cue card telling him when to piss)
Inflation was coming regardless. It's just come at an accelerated pace.
It came on Biden's watch and wasn't there under his predecessors. No getting around it. Just like Trump and COVID. He inherited a bad situation and was used against him in the election. This is Biden's. just like Trump's immunization program and strategy is helping Biden with COVID, you take the good with the bad.nein51 said:
Inflation was coming regardless. It's just come at an accelerated pace.
How you fixing it, Joe? I am sure Trump would have taken some economic action, economy was everything to him.
Recession won't happen before the election. Know this. They will save it next week when gdp is announced and magically by the skin of its teeth is > 0. . Then you need two more quarters which puts it at best officially in December or more likely March.
It's a battle for your mind to try to convince you the Socialist Mulecrat Obama ilk policies are working. Just like they sucked hard for 8 years until Trump.
That battle rages until you mail in your vote in November and then the true mega carnage begins. I warned y'all at 4200 and higher to get out. Hope some listened.
It's a battle for your mind to try to convince you the Socialist Mulecrat Obama ilk policies are working. Just like they sucked hard for 8 years until Trump.
That battle rages until you mail in your vote in November and then the true mega carnage begins. I warned y'all at 4200 and higher to get out. Hope some listened.
RMF5630 said:It came on Biden's watch and wasn't there under his predecessors. No getting around it. Just like Trump and COVID. He inherited a bad situation and was used against him in the election. This is Biden's. just like Trump's immunization program and strategy is helping Biden with COVID, you take the good with the bad.nein51 said:
Inflation was coming regardless. It's just come at an accelerated pace.
How you fixing it, Joe? I am sure Trump would have taken some economic action, economy was everything to him.
Sure. Voters are stupid is what you're saying. You'll get no arguments from me. But inflation was coming regardless of who won though I don't think it would have happened to this degree.
It's too late. It's already happening. You've already started to see "inflation is a good thing".
Next you will see the message that inflation and the angst on Wall St is the reaction of the rich to Biden helping the poor... Vote for more of this, that you can't afford, to get the rich.nein51 said:
It's too late. It's already happening. You've already started to see "inflation is a good thing".
Cut regulations and cut income taxes 20% for most taxpayers while cutting the top rate by 10%. Cut federal spending by say 3% to 4% a year. Budget would balance in about 8 years. Stop printing so much money and shrink the balance sheet. Common sense works.
Common sense doesn't re elect life long politicians to their accustomed governmental perks .chriscbear said:
Cut regulations and cut income taxes 20% for most taxpayers while cutting the top rate by 10%. Cut federal spending by say 3% to 4% a year. Budget would balance in about 8 years. Stop printing so much money and shrink the balance sheet. Common sense works.
If politicians agreed to that, they'd miss out on access to many ill gotten gains.chriscbear said:
Cut regulations and cut income taxes 20% for most taxpayers while cutting the top rate by 10%. Cut federal spending by say 3% to 4% a year. Budget would balance in about 8 years. Stop printing so much money and shrink the balance sheet. Common sense works.
While much of our economic issues boil down to stupidity and incompetence, the public doesn't understand another big part of the issue is how tax dollars are nefariously misappropriated.
Doc Holliday said:If politicians agreed to that, they'd miss out on access to many ill gotten gains.chriscbear said:
Cut regulations and cut income taxes 20% for most taxpayers while cutting the top rate by 10%. Cut federal spending by say 3% to 4% a year. Budget would balance in about 8 years. Stop printing so much money and shrink the balance sheet. Common sense works.
While much of our economic issues boil down to stupidity and incompetence, the public doesn't understand another big part of the issue is how tax dollars are nefariously misappropriated.
It is very easy to spend other people's money.
The moves strike me like skidding on ice. Most people panic and make things worse, and that's pretty much what the Biden Administration is doing now. Fed rate hikes don't have one dimensional effects It's not correct to suggest that more is good or more is bad or less is good or less is bad, without first working out the industries and geography involved, the amount of money in circulation, unemployment, inflation and many other factors.nein51 said:
They probably needed more like 3 points when they started at .25.
I think you'll see .75 in Q3 and another .75 and maybe even 1.0 in Q4.
You can creep it up forever or just pull the bandaid off and be done.
Discussing rate hikes now is much like waiting for a hurricane to land on shore, and only then discuss where you want to drive.
That which does not kill me, will try again and get nastier
It's going to continue to go up. There is going to be pain involved. This outcome was inevitable as soon as we started printing money for people to stay home from work (started under Trump and accelerated under Biden via payments and ultra extended unemployment).
A ridiculous portion of the all the money ever printed happened in the last 2-3 years. That supply will have to come down.
I think it was obvious (as do almost all economists) it needed to be 2-3 points not .25 BP but that would have been massive and unprecedented. Instead we are going to get pretty continual .5-.75 probably for quite a while.
If you've been good with your money this is an annoyance but it will get better. It always does.
A ridiculous portion of the all the money ever printed happened in the last 2-3 years. That supply will have to come down.
I think it was obvious (as do almost all economists) it needed to be 2-3 points not .25 BP but that would have been massive and unprecedented. Instead we are going to get pretty continual .5-.75 probably for quite a while.
If you've been good with your money this is an annoyance but it will get better. It always does.
nein51 said:
If you've been good with your money this is an annoyance but it will get better. It always does.
Recession of one to two years...maybe an annoyance.
Anything past two years will result in violent social upheavals and the demise of capitalism .
Which has been the Dem plan since the initial presidential nomination of Barrack Hussein Obama
California to send stimulus checks of up to $1,050 per family for "inflation relief" https://t.co/hlt985J1oa
— Cernovich (@Cernovich) June 29, 2022
It's using a budget surplus which I think is fine. It's really not much money which just goes to show the scale. It's up to $1,050. Some are as low as $250. You couldn't fill both of my cars and go out to dinner at the prices on those stations signs for $250.
Why stop at Recession? Joe and his administration have the talent to take us all the way to Depression.
Fed .75% increase.
We're in a heavy recession and they won't admit it.
Pain is coming.
We're in a heavy recession and they won't admit it.
Pain is coming.
They don't get it. The fed is behind the curve as is Congress. On everything. Leave it alone. Stop. Let people and companies adjust. Take 9 months off and reassess.Doc Holliday said:
Fed .75% increase.
We're in a heavy recession and they won't admit it.
Pain is coming.
Sounds like a White House Press Conference. Same tone.Wangchung said:You can tell she's angry when she gets flustered and starts name calling.timetraveler said:100% chance a male will be elected president. 99% a white male will be. Please don't argue with me. This indicator will take at least 100 years to change.GrowlTowel said:Doc Holliday said:What basic statistics?timetraveler said:Basic statistics would argue against your "basic logic"Doc Holliday said:A single indicator (created through several factors) with a 90.91% correlation/prediction to economic recession.timetraveler said:
Single indicators to predict economy growth reminds me of old boomers talking about time of possession in football games.
Reminds me of basic logic.
He doesn't have that talking point. Might be in the noon blast email so give him a couple of hours to cut and paste.
You guys are the dumbest inbred ****ers on
this site.
That which does not kill me, will try again and get nastier
I agree with your approach, but I remind you the reality is our Congress passed legislation to increase taxes next year. The new taxes will put the brakes on an already slowing economy next year.chriscbear said:
Cut regulations and cut income taxes 20% for most taxpayers while cutting the top rate by 10%. Cut federal spending by say 3% to 4% a year. Budget would balance in about 8 years. Stop printing so much money and shrink the balance sheet. Common sense works.
I actually thought Stagflation was a thing of the past but it's here. Basically we've recreated the 70s with high crime, social unrest, stagflation, and global warming instead of global cooling.
Its ok, the government will totally get it right this time, just pay more taxes and dont think too much.Harrison Bergeron said:
I actually thought Stagflation was a thing of the past but it's here. Basically we've recreated the 70s with high crime, social unrest, stagflation, and global warming instead of global cooling.
And all it took was "Two Weeks to Flatten the Curve" and the other nonsense that followed the initial nonsense.Harrison Bergeron said:
I actually thought Stagflation was a thing of the past but it's here. Basically we've recreated the 70s with high crime, social unrest, stagflation, and global warming instead of global cooling.
Harrison Bergeron said:
I actually thought Stagflation was a thing of the past but it's here. Basically we've recreated the 70s with high crime, social unrest, stagflation, and global warming instead of global cooling.
Dems sure can cook.