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MalibuGuru
Joined: 11 Nov 1993
Posts: 9300
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 Posted: Wed Jan 17, 2024 9:10 pm Post subject: |
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| boggsman1 wrote: |
Steve...I hope you'll be ok when Loser 45 , loses again. Question for you:
Would you prefer a higher unemployment rate , higher bk rate, negative GDP, Govt shutdown, crashing stock market AND a Trump victory...or a strong economy, strong GDP, unemployment at 3.7%, low bk rate...basically what we have now , and a Biden win?
A...or B. ? |
Boggs, that's a huge fantasy. Honestly. C'mon man! You actually like Benny Hill Biden?? |
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boggsman1
Joined: 24 Jun 2002
Posts: 9126
Location: at a computer
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| Posted: Thu Jan 18, 2024 10:07 am Post subject: |
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| MalibuGuru wrote: | | boggsman1 wrote: |
Steve...I hope you'll be ok when Loser 45 , loses again. Question for you:
Would you prefer a higher unemployment rate , higher bk rate, negative GDP, Govt shutdown, crashing stock market AND a Trump victory...or a strong economy, strong GDP, unemployment at 3.7%, low bk rate...basically what we have now , and a Biden win?
A...or B. ? |
Boggs, that's a huge fantasy. Honestly. C'mon man! You actually like Benny Hill Biden?? |
A.
or
B.
We have B now... trump wants A |
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boggsman1
Joined: 24 Jun 2002
Posts: 9126
Location: at a computer
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| Posted: Fri Jan 19, 2024 2:04 pm Post subject: |
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Steve...congratulations. Markets at all time high. Consumer confidence 3 year high. Economy growing above trend. Have a nice weekend.
American Exceptionalism , alive and well. |
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MalibuGuru
Joined: 11 Nov 1993
Posts: 9300
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| Posted: Sat Jan 20, 2024 6:08 pm Post subject: |
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| boggsman1 wrote: | Steve...congratulations. Markets at all time high. Consumer confidence 3 year high. Economy growing above trend. Have a nice weekend.
American Exceptionalism , alive and well. |
We've had 17% inflation Boggs. The market should be 17% above where it's at. Growth in the S&P is really because of inflation. Real wages are down. Repossessions are at 09 levels. Rents are skyrocketing. Not good for the little people that Democrats hate. |
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boggsman1
Joined: 24 Jun 2002
Posts: 9126
Location: at a computer
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| Posted: Sun Jan 21, 2024 10:21 am Post subject: |
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| Steve ... capitalism is not kind to everyone , and inflation is a regressive tax .. However, as we on shore business, it's quite inflationary . Manufacturing chips in the US v Taiwan or S Korea costs a lot more .. Ditto for many industries , so higher prices are here to stay .. |
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MalibuGuru
Joined: 11 Nov 1993
Posts: 9300
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| Posted: Tue Jan 23, 2024 12:46 am Post subject: |
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| boggsman1 wrote: | | Steve ... capitalism is not kind to everyone , and inflation is a regressive tax .. However, as we on shore business, it's quite inflationary . Manufacturing chips in the US v Taiwan or S Korea costs a lot more .. Ditto for many industries , so higher prices are here to stay .. |
With credit card delinquency rates at their highest levels in more than a decade, getting approved for a new line of credit is getting harder, Fed analysts warned. |
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MalibuGuru
Joined: 11 Nov 1993
Posts: 9300
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| Posted: Tue Jan 23, 2024 12:46 am Post subject: |
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| boggsman1 wrote: | | Steve ... capitalism is not kind to everyone , and inflation is a regressive tax .. However, as we on shore business, it's quite inflationary . Manufacturing chips in the US v Taiwan or S Korea costs a lot more .. Ditto for many industries , so higher prices are here to stay .. |
With credit card delinquency rates at their highest levels in more than a decade, getting approved for a new line of credit is getting harder, Fed analysts warned. |
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coachg
Joined: 10 Sep 2000
Posts: 3560
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| Posted: Tue Jan 23, 2024 4:03 am Post subject: |
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| MalibuGuru wrote: | | Not good for the little people that Democrats hate. |
And what great legislation have the Republicans proposed to help the little people they treat as morons?
Coachg |
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boggsman1
Joined: 24 Jun 2002
Posts: 9126
Location: at a computer
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| Posted: Tue Jan 23, 2024 9:04 am Post subject: |
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| MalibuGuru wrote: | | boggsman1 wrote: | | Steve ... capitalism is not kind to everyone , and inflation is a regressive tax .. However, as we on shore business, it's quite inflationary . Manufacturing chips in the US v Taiwan or S Korea costs a lot more .. Ditto for many industries , so higher prices are here to stay .. |
With credit card delinquency rates at their highest levels in more than a decade, getting approved for a new line of credit is getting harder, Fed analysts warned. |
You're really grasping at straws ... we are late cycle with higher rates , consumers can't spend forever ... |
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techno900
Joined: 28 Mar 2001
Posts: 4172
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| Posted: Wed Jan 24, 2024 10:45 am Post subject: |
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While there are plenty of indicators that the economy is doing well, that's not the perception or reality of the general public.
I | Quote: | In December 2023, a public opinion survey found that only nine percent of Americans felt that the economy was in an excellent state. Of the Americans surveyed, 42 percent considered the economy to be in a poor state.
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https://www.statista.com/statistics/1318216/americans-views-current-state-economy/ |
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