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The Economy

MajorRewrite said:
If you think the Biden and Trump administrations both produce fake economic data, then you ought to provide evidence. Otherwise you’re just another conspiracy loon.
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Oh, I have posted links in this thread but what I get back is your acerbic mouth in response. Now I just fuck with you. You brig it on yourself, son. Fuck off, I'll post what the fuck I want.
 
LLCox said:
Oh, I have posted links in this thread but what I get back is your acerbic mouth in response. Now I just fuck with you. You brig it on yourself, son. Fuck off, I'll post what the fuck I want.
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Yes, you’re free to post conspiracy lunacy wherever you want. And I’m free to make fun of your conspiracy lunacy. 👍
 
Noitall said:
Major Dirtbag

https://www.forbes.com/sites/greats...welch-has-a-point-about-unemployment-numbers/

The numbers under a Dumoh is always manipulation by Deep State, cunt b trusted
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  1. The article you link says nothing about manipulation or fake data.
  2. The article you linked is from 2012. Do you think it could tell the future?
  3. You are a mental gimp who pretends to have a PhD in economics. 😆
The economic data from the Biden and Trump administrations is not fake. It’s pathetic that America’s economic strength makes you so angry.
 
Biggest RED FLAG on #economy! Too long, but MUST READ!! This is the night-keeper upper...Housing Units Under Construction continues to fall while Construction Employment at highs. This is undoubtedly and inarguably unsustainable.If this isn't remedied in next 2-3 months, we're going to start seeing labor market falter and ripples throughout the rest of the economy. The tailwinds have died down from multi-year's stimulus benefits to the economy, and now the longer mortgage rates remain elevated, the likelihood economic path is normalized to reflect leading indicator signals. The good news is that we have other economic and market-related data that suggests a remedy is more likely than not the outcome.


LOWER THE FUCKING RATES..............NOW B4 the problem
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Fyi- firing every single.federal employee would save $500 million.

Our debt is $1.6 trillion
 
Existing home sales in January …

U.S. existing home sales dropped more than expected in January after three straight monthly increases as high mortgage rates and house prices stifled demand.

Home sales decreased 4.9% last month to a seasonally adjusted annual rate of 4.08 million units, the National Association of Realtors said on Friday.
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Home resales increased 2.0% year-on-year in January.
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A dip after 3 months of increases, but still up from last January.

The inventory of existing homes increased 3.5% to 1.18 million units in January. Supply rose 16.8% from a year ago. The median existing home price increased 4.8% from a year earlier to $396,900 in January.

At January's sales pace, it would take 3.5 months to exhaust the current inventory of existing homes, up from 3.0 months a year ago. A four-to-seven-month supply is viewed as a healthy balance between supply and demand.
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The median home price continues to increase, unfortunately. The inventory of existing homes for resale is way below the “healthy balance” level.
 
Hooters going tits up:

Report: Hooters Seeking Uplift Via Filing for Bankruptcy​

By Ward Clark | 12:03 PM on February 21, 2025

Restaurants generally operate on narrow financial markets and have shockingly high failure rates. Foodservice in general is one of the riskiest small business models in the world. My father-in-law ran cafeterias for almost 60 years until he finally retired a few months before his 80th birthday, and he has told me many times how narrow the margins are in that game.

But when you have a business model that specializes in chicken wings, beer, and has an absolute lock on the 21-35 BroDude demographic - a model that hires as servers pretty, young women and has them in low-cut t-shirts and short shorts - well, how could you possibly mess that up?

https://redstate.com/wardclark/2025/02/21/hooters-busted-seeking-uplift-via-bankruptcy-n2185840
 
MajorRewrite said:
Tariffs in Trump’s first administration caused a net loss of US manufacturing jobs. And Trump is doubling down on tariffs this time. Stable genius.

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Indeed
MajorRewrite said:
Tariffs in Trump’s first administration caused a net loss of US manufacturing jobs. And Trump is doubling down on tariffs this time. Stable genius.

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Indeed and well said. Keep in mind for autos, Insurance will rise as well as many of the spare parts for collision repair are made offshore. The defense manufacturers supplying the Ukraine military will also lose defense spending if we no longer continue our commitment. Farmers losing their government checks to grow crops for export will also lose. The economic policies aren't for the average American. They will create additional inflation and add to the misery index. Buckle up.
 
whiskeytangofoxtrot said:
Indeed

Indeed and well said. Keep in mind for autos, Insurance will rise as well as many of the spare parts for collision repair are made offshore. The defense manufacturers supplying the Ukraine military will also lose defense spending if we no longer continue our commitment. Farmers losing their government checks to grow crops for export will also lose. The economic policies aren't for the average American. They will create additional inflation and add to the misery index. Buckle up.
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Tariffs are just another way of taxing the people. Prices of imported goods will rise. Domestic suppliers will see that as an opportunity to increase their profits. As prices rise people buy less which means that more people will lose their jobs. In short they are a way of transferring wealth from the working man to the rich.
 
whiskeytangofoxtrot said:
Indeed

Indeed and well said. Keep in mind for autos, Insurance will rise as well as many of the spare parts for collision repair are made offshore. The defense manufacturers supplying the Ukraine military will also lose defense spending if we no longer continue our commitment. Farmers losing their government checks to grow crops for export will also lose. The economic policies aren't for the average American. They will create additional inflation and add to the misery index. Buckle up.
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Alcoa claims up to 100,000 direct and 60,000 indirect US job loses from tariffs, and the tariffs would not led to a business case to start up plants in the US.

https://ca.investing.com/news/stock...-warns-us-could-lose-100000-jobs-93CH-3865605
 
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