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The Economy

PersonalFavors said:
Primitivism? Asshole. You probably can't even grow a house plant, let alone a vegetable. You sound like a sissy too. Afraid of fish and guns.
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I'd love to come face to face with it ... watch him piss his pants as he knows what I'm about to do to him will be painful
 
Three imbeciles tried to bury the inflation news under a blizzard of lunacy.

What a waste of time. 😆

Inflation continues unabated … (CPI for February)

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent on a seasonally adjusted basis in February, after rising 0.2 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.4 percent before seasonal adjustment.
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Food and energy prices were big gainers …
The food index increased 0.4 percent over the month as did the food at home index, while the food away from home index rose 0.3 percent. The index for energy also increased in February, rising 0.6 percent.
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The index for all items less food and energy rose 0.2 percent in February.
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Trade deficit for January down, December deficit revised up

The trade gap contracted 25.3% to $54.5 billion, the Commerce Department's Bureau of Economic Analysis and ‌Census Bureau said on Thursday. Data for December was revised to show the deficit widening to $72.9 billion instead of $70.3 billion as previously estimated.
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Exports jumped 5.5% to an all-time high of $302.1 billion in January. The increase was the largest since October 2021. Goods exports soared 8.1% to $195.5 billion. They were boosted by a $9.4 billion increase in exports of industrial supplies and materials, ‌mostly nonmonetary gold and other precious metals.
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Imports fell 0.7% to $356.6 billion in January. Goods imports slipped 1.0% to $277.3 billion. They were dragged down by a $3.3 billion decrease in consumer goods, mostly ‌pharmaceutical preparations. Imports of automotive vehicles, parts and engines fell $2.8 billion amid decreases in trucks, buses and special-purpose vehicles, as well as passenger cars.
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Trade made a negligible contribution to the economy's 1.4% annualized growth pace in the October-December quarter.
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For what its worth, the national debt and our strained relationship with our investors, notably the Japanese and Chinese, may become more expensive. This war isn't helping our interests.
 
What the fuck.

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There’s something kind of surreal about a sentence that includes “Secret Service motorcade” and “Erewhon smoothie run” in the same breath. Normally a seven-vehicle convoy means something serious is happening… a summit, a security situation, a head-of-state visit. In this case it’s rolling up to a parking lot full of $18 juices and people buying organic cashew yogurt.

Three motorcycles clearing traffic so someone can safely access a refrigerator of alkaline water is just one of those modern internet moments that sounds made up but somehow isn’t. Like the agents are trained for high-risk scenarios and tactical threats, and today the mission briefing is basically: protect the smoothie.

Meanwhile everyone in Erewhon is pretending this is normal while a full motorcade pulls up next to the valet like it’s the G20 summit of kale.
 
The idiot who is killing our soldiers, setting the world on fire, and tanking our economy is boring the shit out of his own sycophants with his bullshit.

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Fucking dummies.
 
4th quarter GDP revised sharply downward from previous estimate

The U.S. economy, hobbled by last fall’s 43-day government shutdown, advanced at an unexpectedly sluggish 0.7% annual rate from October through December, the Commerce Department reported Friday in a big downgrade of its initial estimate.
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Growth in gross domestic product — the nation’s output of goods and services — was down sharply from 4.4% in last year’s third quarter and 3.8% in the second. And the fourth-quarter number was half the government’s first estimate of 1.4%; economists had expected the revision to go the other way — and show stronger growth.
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2025 GDP growth was lower than 2023 or 2024 (the opposite of Trump’s lies) …
For all of 2025, GDP grew 2.1%, solid but down from an initial estimate of 2.2% and from 2.8% in 2024 and 2.9% 2023.
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More bad inflation news — the PCE for January

Key inflation gauge worsened in January, before Iran war lifted gas prices

Yet excluding the volatile food and energy categories — which the Fed pays closer attention to — core prices rose 3.1%, up from 3% in the prior month and the highest in nearly two years.
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On a monthly basis, prices rose 0.3% in January, while core prices jumped 0.4% for the second straight month, a pace that if sustained would lift inflation far above the 2% annual target set by the Fed.
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A 0.4% per month increase would mean a 4.8% annual rate if sustained, of course. Which would be bad.
 
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