Author Topic: Mainstream Economics Thread (Read 106710 times)

I_have_purplewood · « **Reply #125 on:** December 03, 2021, 09:20:15 AM »

https://www.dailymail.co.uk/news/article-10271779/US-adds-just-210-00-jobs-November.html

Cire · « **Reply #126 on:** December 12, 2021, 09:00:11 PM »

Inflation

https://www.reuters.com/business/meat-packers-profit-margins-jumped-300-during-pandemic-white-house-economics-2021-12-10/

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steve dave · « **Reply #127 on:** October 04, 2024, 11:54:55 AM »

this could be the greatest economy any of us ever live through. GDP, Jobs, Markets, THE WORKS!

https://x.com/LisPower1/status/1842219450373693838

Dax, haven't seen any updates on those revisions you always talk about? How come? LMAOOOOOOOOOOOOOOO!!!!

https://x.com/Markzandi/status/1840488882405614037

https://x.com/DanielBZhao/status/1839284967194415170

Dugout DickStone · « **Reply #128 on:** October 04, 2024, 11:57:54 AM »

Oh no!

sonofdaxjones · « **Reply #129 on:** October 04, 2024, 11:59:26 AM »

Note to all viewers of this blog.

The BLS recently wiped away nearly 1 million jobs that they had previously claimed to have been created in the previous 12 months.

We should also give a shout out for the massive recent increase in government hiring

All time record Federal spending and government hiring/highly government subsidized hiring is the backbone of this "economy".

Also, dual job holders are still skyrocketing (because of inflation), albeit as of now, part time job holders (which was previously skyrocketing) has backed off a smidge.

steve dave · « **Reply #130 on:** October 04, 2024, 12:01:57 PM »

dax, I'm sorry the economy is kicking so much ass. I assure you it'll eventually stop and you can quit being so fuckin' red assed about it.

sonofdaxjones · « **Reply #131 on:** October 04, 2024, 12:03:36 PM »

Quote from: steve dave on October 04, 2024, 12:01:57 PM

dax, I'm sorry the economy is kicking so much ass. I assure you it'll eventually stop and you can quit being so fuckin' red assed about it.

Steve, I am sorry you get super pissed off when you are reminded that the BLS absolutely cooked the books from 2023 into 2024 beyond all recognition.

I am also sorry, that you have no tolerance for looking beyond the headlines. I thought you were a little more intelligent than that.

BTW . . . per the St. Louis Fed guy, it's going to take the Fed 5 years or more to pay back on the IOU's they're tossing to The Treasury.

steve dave · « **Reply #132 on:** October 04, 2024, 02:05:55 PM »

https://x.com/markzandi/status/1842278671547297950?s=46

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Dugout DickStone · « **Reply #133 on:** October 04, 2024, 02:27:28 PM »

FAKE NEWS

DaBigTrain · « **Reply #134 on:** October 04, 2024, 02:28:11 PM »

Congrats everyone we did it!

sonofdaxjones · « **Reply #135 on:** October 04, 2024, 02:34:42 PM »

One guy thinks it's as "good as it gets"

We have been running between 1.8 and 2 million unemployment claims a week for months.

"Creating Jobs" in what sectors, full time or part time?

Weekly work hours still indicate a strident and prolific part time workforce

edit: Multiple job holders set all time record

Economy is so great, 9 million people need 2 jobs

Dugout DickStone · « **Reply #136 on:** October 04, 2024, 03:29:17 PM »

working 2 jobs is so goddam bootstrappy

star seed 7 · « **Reply #137 on:** October 04, 2024, 03:30:56 PM »

Dang, 9 million is not very many people

passranch · « **Reply #138 on:** October 04, 2024, 04:01:32 PM »

Quote from: star seed 7 on October 04, 2024, 03:30:56 PM

Dang, 9 million is not very many people

To put it into some perspective, there are over 18 million college students in the US. Many of them work, and often work multiple jobs.

sonofdaxjones · « **Reply #139 on:** October 04, 2024, 04:09:27 PM »

785k government jobs added in September

Temp election staff?

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sonofdaxjones · « **Reply #140 on:** October 04, 2024, 04:14:17 PM »

On the bootstrapping stuff. I presume that #blueanongE is referencing Limbaugh.

When I paid attention to Limbaugh years and years ago he regularly spoke about the need for a government safety net for times of need and then extricating yourself off the safety net.

Maybe he changed his tune on that over time, but I’ll have to defer to the StalkerBot2000 aka All Limbaugh all the time - right up until the end

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steve dave · « **Reply #141 on:** October 04, 2024, 04:14:57 PM »

Incredible mental gymnastics being down to find a chink in this impenetrable economic armor.

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sonofdaxjones · « **Reply #142 on:** October 04, 2024, 04:17:33 PM »

The facts about the economy are “mental gymnastics” . . . SteveDave

Who still weirdly melts down even when the government admits they cooked the books.

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LickNeckey · « **Reply #143 on:** October 04, 2024, 04:24:40 PM »

kicking ass - the new normal

grats fellas

steve dave · « **Reply #144 on:** October 04, 2024, 04:27:20 PM »

Quote from: LickNeckey on October 04, 2024, 04:24:40 PM

kicking ass - the new normal

grats fellas

We are living in blessed times and we better appreciate it because it won’t last forever. Feels very good.

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sonofdaxjones · « **Reply #145 on:** October 04, 2024, 04:27:43 PM »

I believe our Federal Government set an all time record single day national debt increase on the first day of the FFY.

Insert Nancy Pelosi talking about mismanagement when the annual Federal Deficit was 1/10 what it is running now.

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Stupid Fitz · « **Reply #146 on:** October 04, 2024, 04:29:45 PM »

Quote from: steve dave on October 04, 2024, 04:27:20 PM

Quote from: LickNeckey on October 04, 2024, 04:24:40 PM
kicking ass - the new normal

grats fellas
We are living in blessed times and we better appreciate it because it won’t last forever. Feels very good.

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would be weird to not just sit back and enjoy the ride. even more weirder to spend a bunch of time trying to poke holes in the impenetrable armor that is the US economy.

sonofdaxjones · « **Reply #147 on:** October 04, 2024, 04:31:06 PM »

Yes, economies driven by Federal spending and government hiring/highly subsidized hiring are not sustainable

SteveDave got something right for once.

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steve dave · « **Reply #148 on:** October 04, 2024, 04:37:09 PM »

Being a doomer has to be the most miserable existence I can imagine

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sonofdaxjones · « **Reply #149 on:** October 04, 2024, 04:39:45 PM »

Who started talking about pending doom? you with the “it won’t last forever” comment.

LOL FFS dude

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